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Westpac Launches New “Centsitive Objects” Designer Wearable for Customers

Australian banking group Westpac announced earlier this year the launch of its ‘Centsitive Objects,’ which is a new designer range of wearable accessories. This news comes just days after Westpac announced the launch of its Mobile Cheque Deposit feature. According to Westpac, Censitive Objects was designed exclusively… Read More

European Insurtech Hokodo Secures €1.9 Million Through Seed Funding Round Led by Anthemis

Hokodo, a London and Paris-based insurtech that provides B2B marketplaces and accounting platform with small business insurance through APIs, announced earlier this week it secured €1.9 million through its latest seed funding round, which was led by European venture capital firm Anthemis. Founded earlier this year,… Read More

Innovate Finance Announces Launch New Diversity Program led by the Women in FinTech Initiative

Innovate Finance announced on Wednesday the launch of its new diversity program, which is led by the Women in FinTech Initiative for 2018-19. While sharing more details about the program, Charlotte Crosswell, CEO fo Innovate Finance, stated: “We firmly believe that developing a more inclusive environment is at… Read More

Hopsters Brewery Returns to WeFunder Seeking Funds For New Philadelphia Location

Less than two years after securing $2 million through its crowdfunding campaign on Wefunders, Hopsters Brewery has returned the funding platform seeking $4 million through its new Reg CF round for its upcoming Philadelphia location. Hopsters Brewery describes itself as a craft brewery with brew-your-own-beer experience, bar, and… Read More

Paysafe to Host Global Hackathon

Global payments provider Paysafe announced on Monday it is set to host its first global hackathon in five of its developer locations, which are Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada). According to Paysafe, this hackathon is specifically created to identify new ideas,… Read More

Avant Announces Rebranding of Fintech SaaS Business Unit

U.S.-based Avant announced on Tuesday it has rebranded its fintech SaaS business Unit to be Amount. According to Avant, Amount utilizes the technology, intellectual property, and capabilities developed by Avant to provide custom technology solutions for financial institutions. Avant reported that several financial institutions, such as Regions Bank and… Read More

Overfunding: BrewDog’s Equity for Punks V Surpasses £22 Million Funding Target Following Crowdcube Launch

Just a couple of weeks after making its debut on equity crowdfunding platform Crowdcube, BrewDog’s Equity for Punks V campaign has successfully secured its initial £22 million funding target from more than 1,000 investors. As previously reported, BrewDog was established in 2007 by James Watt and Martin Dickie…. Read More

ERC1400: New Standard for Security Tokens Proposed

Today in a Github post, a group of crypto advocates proposed a new standard for the fast emerging securities token industry. While initial coin offerings (ICOs) have become synonymous with scammy investments and poorly planned business concepts, security tokens are very different. STOs, or security… Read More

Swiss Financial Regulator FINMA Publishes Brief Outline on Virtual Currencies & Regulation

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The Swiss Financial Market Supervisory Authority (FINMA) has recently published a rather brief document on virtual currencies. These virtual currencies are similar to Bitcoin or, perhaps Ethereum, as they are used as a method of payment and transactions. The document states: “Switzerland has no regulations… Read More

NASAA: “Operation Cryptosweep” Announces 200 ICO Investigations Underway Now

200 active investigations into ICO (initial coin offering) fraud are presently being conducted across North America as part of “Operation Cryptosweep,” the North American Securities Administrators Association (NASAA) announced yesterday. Operation Cryptosweep, an investigative and enforcement action being coordinated by over 40 state and provincial… Read More

Fortune Favors the Bold: Berlin based Digital Challenger Bank N26 Says F¥€K the Fees, Plans US Expansion

In a creative use of the English language, Berlin based digital challenger bank N26 is out with a promotional campaign that is rather blunt. As depicted below in a Tweet courtesy of @Skollma, N26 goes straight to the point and says F¥€K Fees. #nobullshit. The marketing… Read More

U.S. Fintech DriveWealth Teams Up With Bambu to Launch Robo Platform For Registered Investment Advisors

DriveWealth Holdings, Inc., a U.S.-based fintech company providing brokers, digital advisors, and mobile online financial services companies seamless access to the U.S. securities market, announced on Tuesday it has teamed up with Bambu, a global provider of robo-advisory technology, to launch a robo platform for registered… Read More

North Carolina Disallows Cryptocurrency Campaign Contributions

Cryptocurrencies are hard to value, says the North Carolina State Board of Elections and Ethics, and for this reason, candidates running for office in the state may not accept donations of cryptocurrency, News Observer reports. A Republican candidate seeking to represent House District 41 in… Read More

Inaugural Blockchain Week Planned for San Francisco

The SF Blockchain community has scheduled an inaugural Blockchain Week in October. The event is said to focus more on the mechanics and benefits of blockchain (aka distributed ledger technology) as opposed to the initial coin offering hype that has infiltrated so many other events…. Read More

Bank of Canada Study Finds Successful Attacks on Large Networks Like Bitcoin Unlikely

Researchers at the Bank of Canada have published a working paper stating that the proof-of-work reward system and large network size of Bitcoin protect it against attacks. The study, “Incentive Compatibility on the Blockchain,” is something of a vindication of Bitcoin’s high energy consumption. It… Read More

Sugar Fix: Happy Pills Candies Now Crowdfunding on Crowdcube

Fashioned after medication, Barcelona-based Happy Pills sells its candies primarily to adults but also to children, marketing the idea that candies are “injections of optimism and fun.” Happy Pills has partnered with Crowdcube to raise £200,000 for 6.84% equity. The campaign has quickly experienced some sweet success, collecting… Read More

Altfinator Helps Innovative European SMEs Gain Access to Alternative Finance by Educating SME Advisors

In recent years, interesting alternative forms of financing such as crowdlending and crowdfunding have emerged to provide the underserved European SME market with debt and equity financing. However, these alternative solutions have been hampered by a missing link in their distribution: SME advisors. This missing… Read More

Bitfinex’s Chief Strategy Officer Walks

Bitfinex Chief Strategy Officer Phil Potter didn’t say much when he quit last week, but the move may be yet another indication that all is not well at the controversy-dogged crypto exchange. Potter may have referred to the exchange’s recent relocation to the Virgin Islands… Read More

Astana Financial Services Authority Signs Statement of Cooperation With Abu Dhabi Global Markets

The Astana Financial Services Authority (AFSA) announced earlier this week that it signed statement of cooperation with the Adu Dhabi Global Market to enhance their bilateral relationship. According to the AFSA, the objective of the Statement of Cooperation is to enhance mutual understanding of the legislative,… Read More

China Tolerating Bitcoin Mining in Remote Regions: “Xi Desires This Power for China”

In an atmospheric piece filed 2700km from Shanghai and 3000 miles above sea level, Nikkei Asian Review reporter Yusho Cho describes a 7000 computer-strong mining operation quietly thrumming out Bitcoins in the remote western plateau region of Qinghai. Local authorities, says Cho, are fine with… Read More

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