August 26, 2023 @ 4:59 pm By Tony Zerucha  |  

Digital asset management platform Blueprint this week unveiled a free staking service. It is the first step in capitalizing on what the company believes is a demand for “an all-in-one intuitive platform that combines consolidated data, insights, and tooling to provide investors, builders, and service… Read More

August 26, 2023 @ 4:55 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) announced that HSBC Innovation Banking, a business division with services provided by HSBC Bank USA, N.A. and its affiliates, has “expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national enterprises.” While HSBC has been… Read More

August 26, 2023 @ 4:11 pm By Omar Faridi  |  

Digital bank N26 announced the integration of popular local payment service iDEAL to its 100% digital banking experience in the Netherlands. Available to the first N26 customers in the Netherlands from today, the new integration will be gradually “rolled out in the market and will… Read More

August 26, 2023 @ 3:32 pm By Omar Faridi  |  

The Addepar platform has shared updates, research insights and client, partner and company developments. In August, Addepar made their Help Center more accessible by “bringing it in-app and introduced group automation to simplify and streamline group management.” Addepar released new research “on manager selection in… Read More

August 26, 2023 @ 3:10 pm By Omar Faridi  |  

  As the banking landscape rapidly evolves, we decided to speak with Amit Dua, President at SunTec, a technology partner that claims to work with the world’s largest banks, helping them to improve their customer experience, pricing strategies, and ESG approach through technology-led solutions. Amit… Read More

August 26, 2023 @ 2:50 pm By Tony Zerucha  |  

Quantstamp, a provider of blockchain security solutions, this week unveiled Economic Exploit Analysis. Economic Exploit Analysis identifies flash loan attack vectors in smart contracts through automated tooling before protocols get hacked. The service is based on research from the University of Toronto that Quantstamp commercialized…. Read More

August 26, 2023 @ 2:47 pm By Omar Faridi  |  

U.S. lender exposure to synthetic identities is nearly $3 billion; Auto loans reach $1.8 billion representing more than 60% of total exposure to synthetic identities, according to an update from TransUnion (NYSE: TRU). As origination volumes for some credit products slow, a new TransUnion  analysis… Read More

August 26, 2023 @ 2:46 pm By Omar Faridi  |  

Poof Payments is pleased to announce the launch of an open-source implementation of Multiparty Computation (MPC) wallets, ingeniously integrated with Shamir Secret Sharing (SSS) for the XRP Ledger. This milestone development, “backed by the XRP Ledger Grants program, seeks to accelerate the momentum of secure… Read More

August 26, 2023 @ 2:42 pm By Tony Zerucha  |  

How strongly one embraces generative artificial intelligence (AI) in their workplace depends on how old they are and what type of workplace one has, new research from personnel agency Robert Half suggests. Overall, 41% believe generative AI will have a positive impact on their career…. Read More

August 26, 2023 @ 1:05 pm By Omar Faridi  |  

The Federal Reserve Bank’s ongoing efforts to ease inflation by increasing net borrowing costs and then cooling demand for products/services could begin to undermine investments in innovative tech that might make the economy more robust in the long-term. This, according to research released this past… Read More

August 26, 2023 @ 12:11 pm By Omar Faridi  |  

Craftgate Technology, a “One-Stop Shop” payment orchestration platform, announces that the company received USD 1 million investment from D-MARKET Electronic Services & Trading (d/b/a ‘Hepsiburada’) (NASDAQ: HEPS), a Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company. Based in İstanbul, Türkiye, Craftgate helps… Read More

August 26, 2023 @ 10:51 am By Omar Faridi  |  

P2P lending together with “risky assets” has all the potential to become an effective strategy for diversifying investment portfolios in terms of risk and return, according to an update from Robo.cash. Analysts of the Robo.cash platform have reportedly “studied multiple portfolio combinations using the Sharpe… Read More

August 26, 2023 @ 10:50 am By Michael Wong  |  

CGS-CIMB Securities (CGS-CIMB), an integrated financial services provider in Asia, has raised about S$35 million ($25.8 million) for its first Vietnam-focused ETF — CGS Fullgoal Vietnam 30 Sector Cap ETF — launched Friday on Singapore Exchange (SGX). The ETF, which comprises the largest and most… Read More

August 25, 2023 @ 11:19 pm By Tony Zerucha  |  

New rules by the Internal Revenue Service (IRS) may have important implications for those who earn revenue through staking cryptocurrency, one tax lawyer warned this week. According to the Tax Law Offices of David W. Klasing, IRS Revenue Ruling 2023-14 states that staking rewards will now… Read More

August 25, 2023 @ 10:18 pm By Omar Faridi  |  

Cypago announced the release of its Cyber GRC Automation (CGA) platform, enhancing the GRC space by bridging the gap between management, security, and operations teams. This announcement follows the company’s $13M in total funding “led by Entrée Capital, Axon Ventures, and Jump Capital, including prominent… Read More

August 25, 2023 @ 10:15 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for client lifecycle management (CLM), released its half-year annual findings on global financial institution enforcement actions, revealing a sharp 88% decline in monetary penalties collected in H1 2023 compared to H1 2022. U.S. financial institutions continued to lead in… Read More

August 25, 2023 @ 10:13 pm By Omar Faridi  |  

Mastercard (NYSE:RSKD) has established a Global Centre for Advanced AI and Cyber Technology in Dubai. The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office and Mastercard signed a Memorandum of Understanding “to increase Artificial Intelligence (AI) capabilities and readiness in the region.” An… Read More

August 25, 2023 @ 10:12 pm By Omar Faridi  |  

Citi (NYSE: C), which claims to be a global leader in foreign exchange (FX) markets, has made a strategic investment in Rextie, Peru’s fintech for FX services. The investment makes Rextie Latin America’s first FX fintech “to receive an investment from one of the largest… Read More

August 25, 2023 @ 10:10 pm By Omar Faridi  |  

Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, has announced it secured $125 million in financing from Deutsche Bank’s US Private Credit & Infrastructure group in order “to help accelerate metering, HVAC, solar, LED, EV, and other efficiency and sustainability solutions.” The warehouse facility provided by Deutsche… Read More

August 25, 2023 @ 10:09 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly 100,000 U.S. retail locations. By digitizing and integrating cash payments,… Read More