Global

October 24, 2021 @ 3:48 pm By Omar Faridi  |  

OSL, a provider of digital asset trading and software-as-a-service (SaaS), and member of BC Technology Group, has announced that it has enabled access to its secure, compliant, global, OSL Exchange “to professional and institutional customers in Latin America, with zero trading fees until the end… Read More

October 23, 2021 @ 4:57 pm By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announced that it has completed “its first set of live trades on its electronic foreign exchange (e-FX) hub, based in SG1.” The e-FX hub, which was created with assistance from the Monetary Authority of Singapore (MAS), allows Deutsche Bank’s customers to… Read More

October 23, 2021 @ 3:35 pm By Omar Faridi  |  

Carbon footprint tracking firm Cogo has completed a $20 million Series A round, which has been announced just a few weeks ahead of the COP26 UN climate summit. The impact-led Fintech firm has reportedly entered strategic partnerships with major banking institutions, which came ahead of… Read More

October 23, 2021 @ 2:04 pm By Omar Faridi  |  

Klarna, a global retail bank, payments and shopping service, is bringing its signature experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to explore a destination’s offerings and “create personalized itineraries utilizing local expertise and artificial intelligence.”… Read More

October 23, 2021 @ 12:55 pm By Omar Faridi  |  

Accelar has introduced a Nature Finance Impact Hub, which aims to boost market confidence in nature-positive initiatives, by isolating their key financial and environmental benefits. A strategy and sustainability consultancy, Accelar’s main business and goal is to assist with promoting the clean growth transition by… Read More

October 23, 2021 @ 9:37 am By Omar Faridi  |  

Over 70 financial institutions have reportedly worked with Valk‘s digital transaction and tokenization platform this year. Private market digital platform VALK says that it is “building for expansion after achieving over $4 billion in assets and deals managed on its platform in a year” as… Read More

October 22, 2021 @ 6:34 pm By JD Alois  |  

Tinkoff Capital Management Company, part of the TCS Group Holding PLC which is listed on the London Stock Exchange and on the Moscow Exchange, has received a professional securities management operator license, according to the company. Tinkoff states that in 2022 it plans to launch a… Read More

October 22, 2021 @ 6:25 pm By Omar Faridi  |  

Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) and Cashfac, an international financial technology firm focused on supporting operational cash management, are confirming that Sterling has moved into production with their Virtual Account Manager, offered via Cashfac’s Software as a… Read More

October 22, 2021 @ 6:13 pm By Tony Zerucha  |  

kevin., a Lithuanian Fintech startup providing payment infrastructure for online, mobile, and physical sales, has secured $10 million of new capital in a seed funding round. The investment, which brings the company’s total capital raised to $14 million, was co-led by OTB Ventures and Speedinvest,… Read More

October 22, 2021 @ 11:02 am By JD Alois  |  

Binance Labs, the VC and incubator of Binance, has invested in Melos Studio, a Web 3.0 music NFT platform as the NFT market expands. Binance Labs is expected to provide Melos Studio with technology, consultation, and incubation services. Melos Studio will contribute to Binance ecosystem… Read More

October 22, 2021 @ 9:55 am By JD Alois  |  

Neobank Revolut has selected Juan Miguel Guerra as CEO for Mexico as the Fintech moves into a new market. Guerra was previously at RappiPay and is said to have held senior executive roles at Citibanamex and other Fintech firms. Mexico is Revoluts first step into… Read More

October 22, 2021 @ 9:18 am By Omar Faridi  |  

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

October 22, 2021 @ 9:11 am By Omar Faridi  |  

Multiverse Computing, the quantum computing startup that’s focused on finance, has finalized a €10 million (appr. $11.55 million) seed round. Multiverse Computing created its main product Singularity® for firms operating in the financial industry and looking for a competitive advantage by leveraging quantum computing solutions…. Read More

October 22, 2021 @ 7:14 am By Omar Faridi  |  

Bond Financial Technologies, Inc., the enterprise-grade platform for embedded finance, announces the availability of its new product, Bond Embedded Credit. Clients are able to build and deploy personalized credit products via a single integration, including underwriting, risk management, servicing, and compliance. Embedded Credit, along with… Read More

October 22, 2021 @ 7:11 am By Omar Faridi  |  

Barclays has introduced automated policy management and compliance tech from Regtech firm Clausematch to 90,000 workers across the globe. We're excited to share that @Clausematch #PolicyPortal is now streamlining compliance for all @Barclays employees globally! The rollout of the Portal is the culmination of a… Read More

October 22, 2021 @ 7:09 am By Omar Faridi  |  

The BBVA Group is launching an all-digital retail banking in Italy, with a “unique” value proposition and customer experience. BBVA is entering the Italian market with free digital banking; “one of the most secure cards in the world – as there are no printed numbers… Read More

October 21, 2021 @ 10:36 pm By Omar Faridi  |  

The team at Fintech firm Ripple is pleased to confirm that UAE-headquartered foreign exchange and worldwide money transfer firm, Al Ansari Exchange has joined RippleNet. Via RippleNet Cloud, which is Ripple’s international Cloud-powered financial network tech, Al Ansari Exchange will be connecting with major money… Read More

October 21, 2021 @ 4:40 pm By JD Alois  |  

The Financial Action Task Force (FATF) has “advanced its core work on virtual assets, beneficial ownership transparency, and illicit finance risks,” according to a public statement. The FATF has approved for publication an updated version of its Guidance on a Risk-Based Approach to Virtual Assets… Read More

October 21, 2021 @ 4:30 pm By Omar Faridi  |  

Worldline (Euronext: WLN), the European payments and transactional services firm, and Chargebee, the subscription billing and revenue management platform, will offer payment, subscription and revenue operations solutions. With an integrated solution, Worldline and Chargebee help merchants with enhancing and further expanding their business operations, “efficiently and… Read More

October 21, 2021 @ 4:26 pm By Omar Faridi  |  

Bling Card has teamed up with SocGen-owned banking-as-a-service (BaaS) firm Treezor in order create a prepaid pocket money card and financial education app for children in Germany. With the Bling Card, kids and teenagers are able pay independently and securely at merchant outlets in Germany…. Read More