July 15, 2023 @ 3:18 pm By Omar Faridi  |  

Clear Street, a New York-based independent prime broker, announced that it intends to enter the futures clearing market with the acquisition of React Consulting Services, LLC and its proprietary, cloud-native futures clearing platform, BASIS. BASIS will be integrated “into Clear Street’s existing cloud-native clearing, settlement,… Read More

July 15, 2023 @ 10:43 am By Omar Faridi  |  

NEXT Insurance, a digital Insurtech transforming small business insurance, announced its integration with Ivans Download for General Liability and Workers’ Compensation policies. This feature reportedly “offers a seamless exchange of policy data between NEXT and its appointed agents, furthering the company’s commitment to facilitating an… Read More

July 15, 2023 @ 10:34 am By Omar Faridi  |  

Public, a US-based multi-asset investing platform, launches in the United Kingdom, entering its first market outside the United States. With the firm’s UK expansion, Public aims “to be the preeminent place to invest in US-listed equities, offering over 5,000 stocks, deep data and insights, and… Read More

July 15, 2023 @ 10:33 am By Omar Faridi  |  

Socure, the provider of digital identity verification and fraud solutions, launched “The Socure Identity Challenge” to advance accurate and equitable digital identity verification in government. Federal, state and local government agencies are invited “to take the challenge and learn how new approaches to digital identity… Read More

July 15, 2023 @ 10:31 am By Omar Faridi  |  

Australians are spending on average nearly $600 less online than they were a year ago, according to the latest Digital Economy Index from global financial platform Airwallex. The Airwallex Quarterly Digital Economy Index “records year-to-date spending per adult, as well as quarter-by-quarter snapshots of the… Read More

July 15, 2023 @ 10:29 am By Omar Faridi  |  

LendInvest (AIM: LINV), which claims to be the UK’s leading platform for mortgages, has today launched a new, “market-leading” Buy-to-Let range as it looks to back landlords in this challenging market. LendInvest is supporting landlords “to get back into the market with rates starting from… Read More

July 15, 2023 @ 10:26 am By Omar Faridi  |  

Car IQ Inc., which claims to be a pioneer in vehicle payments, has reportedly teamed up with Visa (NYSE: V), a world leader in digital payments, in order “to enable vehicles to transact directly with Visa’s global ecosystem of merchants and banks, and purchase fuel,… Read More

July 15, 2023 @ 6:33 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Nirvana Travel and Tourism – which claims to be one of the UAE’s leading travel and tourism management companies – have joined forces in a collaboration aimed at providing a payment solution “to customers who book travel services in the UAE,… Read More

July 14, 2023 @ 6:45 pm By Omar Faridi  |  

Binance, which is being sued by US regulators for a wide range of issues, is pleased to announce the appointment of their own Eleanor Hughes as Binance’s General Counsel. In her new role, Eleanor will “oversee the company’s global legal affairs alongside a team of… Read More

July 14, 2023 @ 6:41 pm By Omar Faridi  |  

Jirav, which claims to be an all-in-one financial planning and analysis (FP&A) solution, and the “preferred” budgeting and forecasting partner of CPA.com, announced $20M in Series B funding led by Cota Capital. Jirav will use the funds “to further accelerate product development, broaden its customer… Read More

July 14, 2023 @ 6:37 pm By Omar Faridi  |  

Moss, the corporate card and spend management solution, has selected GoCardless, the bank payment company, as its direct debit provider in the UK to support its international expansion. Moss automates month-end administrative tasks for SMB finance teams, “freeing up their time through eliminating manual work… Read More

July 14, 2023 @ 6:34 pm By JD Alois  |  

Representative Patrick McHenry, Chairman of the House Financial Services Committee, and Representative GT Thompson, Chairman of the House Agriculture Committee, have jointly issued a statement on the court ruling this week regarding the SEC’s lawsuit against Ripple and its issuance of XRP. McHenry and Thompson… Read More

July 14, 2023 @ 3:31 pm By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases. Powered by Enfuce’s cloud-native issuing platform, the launch of the card is a turning point in the crypto market,… Read More

July 14, 2023 @ 3:29 pm By Omar Faridi  |  

Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols,  announced a $3 million pre-seed round led by CoinFund, a cryptonative investment firm and registered investment adviser, “with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi… Read More

July 14, 2023 @ 3:28 pm By Omar Faridi  |  

MerQube, a “pioneer” in technology for next generation index-linked investing, announces USD 22 million raised in Series B funding. The investment round was “led by Intel Capital with participation from new investor Allianz Life Ventures, and existing investors Citi, J.P. Morgan, Laurion Capital Management and… Read More

July 14, 2023 @ 12:23 pm By JD Alois  |  

The court ruling on the SEC v. Ripple – XRP case has generated renewed hope that the SEC will have to back away from its current regulation-by-enforcement approach when it comes to digital assets. CI has received multiple comments from industry insiders and digital asset… Read More

July 14, 2023 @ 12:05 pm By Omar Faridi  |  

CapStack, which claims to be the first integrated operating system for banks, recently announced it has emerged from stealth backed by $6 million in pre-seed funding. The investment round was “oversubscribed and led by Fin Capital with participation from Alloy Labs, Rex Salisbury’s Cambrian Ventures,… Read More

July 14, 2023 @ 11:40 am By Omar Faridi  |  

Gemini Fund Solutions (GFS) says it is the one of the leading providers of custody, clearing/settlement, trading, and other capital markets services that have been specifically designed “for crypto exchange-traded funds (ETFs), closed-end funds (CEFs), and other fund vehicles.” Founded in 2020, GFS is reportedly… Read More

July 14, 2023 @ 11:30 am By Omar Faridi  |  

Volante Technologies, which claims to be the global leader in cloud payments modernization, has deepened its existing partnership with KPMG LLP by “developing a new ISO 20022 maturity model to help payment service providers determine ISO adoption readiness.” Within the next four years, it is… Read More

July 14, 2023 @ 11:08 am By JD Alois  |  

StartEngine, one of the largest securities crowdfunding platforms in the US, has announced the official launch of its long-anticipated secondary marketplace. StartEngine has been approved to operate an ATS or Alternative Trading System for some time now. Yet the launch of the previously announced platform… Read More