Global

March 1, 2022 @ 9:35 pm By Omar Faridi  |  

Douugh Ltd (ASX: DOU), the banking super app on a mission to help clients “autonomously budget, save and invest their money to live financially healthier lives,” is pleased to confirm a partnership with TrueLayer in order to access Open Banking data in Australia. Open Banking… Read More

March 1, 2022 @ 5:45 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, recently announced a partnership with Visa (NYSE: V). The partnership will aim to increase Tribal’s issuance of business credit cards in Mexico, Brazil, Colombia, Chile, Peru, Argentina, Panama, Uruguay, and the Dominican Republic to “create… Read More

March 1, 2022 @ 5:39 pm By JD Alois  |  

  Russia’s war with Ukraine is a human tragedy of epic proportions. It appears that Russian President Vladimir Putin and his advisors have ignored the history of Nazi Germany and pushed forward with an unprovoked invasion that can only end in disaster. The war will… Read More

March 1, 2022 @ 3:49 pm By Omar Faridi  |  

Volante Technologies, the company focused on Cloud payments and financial messaging, recently announced that it received additional growth funding from BNY Mellon and Poste Italiane. With this new investment, both banking institutions are “solidifying their commitment to payments modernization and affirming the key role Volante… Read More

March 1, 2022 @ 3:27 pm By Tony Zerucha  |  

Paysend, a provider of card-to-card and international payments services, today announced the expansion of its cross-border money transfer services to Colombia with MOVii, a mobile wallet service in Colombia. Using global payments infrastructure company Terrapay, Paysend will enable U.S. and European customers to send money via MOVii mobile… Read More

March 1, 2022 @ 11:41 am By JD Alois  |  

As of today, over $36 million has been donated to various Ukrainian organizations, including directly to the Ukrainian government along with non-profits supporting efforts while unprovoked war rages with Russia. The Ukrainian government, The Return Alive Foundation, UkraineDAO, and Binance Charity’s Ukraine Emergency Fund lead… Read More

March 1, 2022 @ 11:15 am By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM) announced on Monday (February 28, 2022) that it would be making an investment in TRM Labs, a blockchain analysis company, becoming the latest in a growing number of Wall Street giants who are expanding their footprint in the crypto and DLT  industry…. Read More

March 1, 2022 @ 9:48 am By JD Alois  |  

The British Business Bank has published its Small Business Finance Markets Report 2021/22.  According to the report, over £14  billion was invested in equity offerings during the first three quarters of 2021 – surpassing all of 2020. The British Business Bank is a development bank… Read More

March 1, 2022 @ 9:04 am By JD Alois  |  

Findingaplace, a UK Proptech startup, has closed its funding round on Seedrs raising £311,000 in equity capital at a pre-money valuation of £1.5 million. The target of the securities offering was £250,000 and easily topped as 352 individual investors backed the firm. Findingaplace is a… Read More

March 1, 2022 @ 8:43 am By Omar Faridi  |  

Zip Co Limited (ASX: Z1P) and Sezzle Inc. (ASX:SZL) are pleased to confirm that they have entered into a definitive agreement under which Zip has agreed “to acquire Sezzle in an all-scrip transaction by way of a statutory merger under the laws of the State… Read More

March 1, 2022 @ 8:39 am By Omar Faridi  |  

Researchers from DTU (Denmark’s Technical University) have for the first time taken quantum communication out of the lab and used it to “securely transfer” data at Danske Bank. This is considered a breakthrough in the development of digital communication and the “race against cyber criminals.”… Read More

March 1, 2022 @ 12:01 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge, has launched a new public-private collaboration involving banks, public agencies, and private organizations aiming to provide insight into the emerging digital asset ecosystem. The mission is to help guide public opinion, inform… Read More

February 28, 2022 @ 11:30 pm By Omar Faridi  |  

Globally, 84% of consumers agree that they should “have control of their financial data, and banks should not prevent the movement of money between other financial services.” These are the principles that are the “basic tenets of open banking,” according to an update shared with… Read More

February 28, 2022 @ 10:29 pm By JD Alois  |  

Invest Lithuania, the country’s Investment Promotion Agency supporting firms interested in tapping into the European market, has created a section of their website providing information for Ukrainians that are fleeing the war with Russia. Invest Lithuania states: “We would like to assure you that Lithuania… Read More

February 28, 2022 @ 10:09 pm By Omar Faridi  |  

On February 25, 2022, within the official visit of Vietnamese President Nguyen Xuan Phuc to Singapore, HDBank signed a cooperation agreement with Thought Machine group – a core banking solution provider. In Vietnam, HDBank will be working with Thought Machine to “develop the latest version… Read More

February 28, 2022 @ 5:44 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the banking software firm, recently announced that Canada Life UK, a subsidiary of Canada Life Group, has officially gone live with Temenos Multifonds  in order to support its UK investment accounting operations. Administration of life and pensions funds is “highly governed” and… Read More

February 28, 2022 @ 3:07 pm By JD Alois  |  

Earlier today, the Swiss Federal Council adopted the European Union (EU) sanctions packages of February 23 and 25. The move is designed to remove Switzerland as an option for  Russia to evade economic sanctions as Russia continues its criminal act of war against Ukraine. Switzerland… Read More

February 28, 2022 @ 11:06 am By Omar Faridi  |  

A&T Capital has finalized the fundraising for a $100 million pool of capital that will be dedicated to cryptocurrency and blockchain-focused venture investments, the company confirmed. The investors reportedly include major Fintech industry participants, partners of various other venture funds as well as technology entrepreneurs,… Read More

February 28, 2022 @ 11:00 am By JD Alois  |  

Crypto is shining when it comes to individuals expediting donations to Ukraine. Following Russia’s unprovoked invasion of the country, calls for donations, alongside government aid, have been posted on social media.  As has been tracked by Elliptic,  over $20 million in crypto has been donated… Read More

February 28, 2022 @ 10:36 am By JD Alois  |  

The US Department of Treasury has issued a statement today following a flurry of international actions over the weekend that sought to cut off Russia from global markets while freezing assets of certain individuals and other entities. Treasury said the actions were taken following the… Read More