May 26, 2023 @ 5:23 pm By Omar Faridi  |  

Bitfinex, a  digital asset trading platform, has announced a new investment in the leading Chilean crypto firm Orionx, as both companies look “to ramp up efforts to promote financial freedom and inclusion throughout Latin America.” Paolo Ardoino, CTO at Bitfinex, said: “We’re excited to collaborate… Read More

May 26, 2023 @ 5:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has obtained final consent judgments against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, CEO of Moonwalkers Trading Limited.  The SEC’s case involved the offering of unregistered securities in regard to the issuance of… Read More

May 26, 2023 @ 5:00 pm By JD Alois  |  

Netcapital (Nasdaq: NCPL, NCPLW) announced earlier this week that it had entered into agreements with institutional investors for the purchase and sale of 1,100,000 shares of its common stock at a purchase price of $1.55 per share. The offering closed yesterday, May 25, 2023, raising… Read More

May 26, 2023 @ 4:22 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), which claims to be a global leader in mission-critical, real-time payments software, announced a collaboration with Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, to enable financial institutions and payment providers to utilize ACI solutions on the platform. The collaboration… Read More

May 26, 2023 @ 12:20 pm By Omar Faridi  |  

Etana Custody, a regulated, “trusted” firm focused on multi-asset custody and support services, announced the appointment of Dennis Noto as the company’s chief technology officer (CTO). Noto reportedly “brings a wealth of knowledge and expertise to Etana’s executive team, which includes more than 25 years… Read More

May 26, 2023 @ 10:50 am By Omar Faridi  |  

Recurly, a subscription management and billing platform, announced it has taken the necessary steps to support functions that fall within the Health Insurance Portability and Accountability Act (HIPAA), which serves “as the U.S. national standard for health information security and privacy.” Dan Burkhart, co-founder and… Read More

May 26, 2023 @ 10:12 am By Omar Faridi  |  

Fimatix, a provider of digital transformation solutions, announced today the acquisition of Semantic Evolution, a specialist in the provision of AI and machine learning powered solutions to the Financial Services sector. Semantic Evolution will continue “to operate under its own name as part of the… Read More

May 26, 2023 @ 9:15 am By JD Alois  |  

The European Systemic Risk Board (ESRB) has published a report providing a succinct outline of the global digital asset industry while outlining policy recommendations to regulate crypto and decentralized finance (DeFi). Similar to other reports, the ESRB views crypto as not systemically risky while noting… Read More

May 26, 2023 @ 8:23 am By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced it is bolstering its underwriting capabilities with new additions to its UK and US teams. Claud Bilbao joins “as UK Director of Underwriting, reporting to Simon Hughes, General Manager for UK operations.”… Read More

May 26, 2023 @ 8:20 am By Omar Faridi  |  

Alviere, the global embedded finance platform, is proud to announce that it is partnering with Array to offer Alviere’s enterprise clients customizable digital credit and identity tools “to increase digital engagement, generate revenue, and help end customers own their financial future.” Alviere enables enterprises worldwide… Read More

May 26, 2023 @ 2:04 am By Omar Faridi  |  

SC Ventures, Standard Chartered’s (LON: STAN) innovation, fintech investment and ventures arm, has exited its stake in Metaco SA, a Swiss-based tech firm offering critical software infrastructure that enables institutions to issue, secure, manage and trade digital assets. SC Ventures was “one of the early… Read More

May 26, 2023 @ 1:01 am By Omar Faridi  |  

Airwallex, the global payments and financial platform for modern businesses, today announced its partnership with TrueLayer, the payments network powered by open banking, to deliver innovative payment solutions for businesses. TrueLayer will leverage Airwallex’s global payments and financial infrastructure API “to build new products and… Read More

May 25, 2023 @ 11:17 pm By Omar Faridi  |  

Atom bank has announced it will appoint Lee Rochford as its new Chairman, subject to full regulatory approval. He will replace Bridget Rosewell when she “steps down in September, having held the role for five years and overseen a critical period of Atom’s growth.” Lee… Read More

May 25, 2023 @ 11:16 pm By JD Alois  |  

CapitalRise, an online investment platform for prime real estate, has easily topped its initial funding goal on Seedrs. According to the offering page, CapitalRise aimed to raise £1 million. Currently, the offering is in over-funding mode, having raised £1.37 million from 232 investors. CapitalRise is… Read More

May 25, 2023 @ 10:53 pm By Omar Faridi  |  

Klarna, the global payments network and shopping destination, has today launched the UK’s first voluntary credit ‘opt out’, an additional tool in the Klarna app to help consumers save time, money and worry. The new feature will “help consumers achieve their financial goals by providing… Read More

May 25, 2023 @ 10:51 pm By Omar Faridi  |  

Mollie, one of the fastest growing financial services providers in Europe, today launched its in-person payments solution, Mollie Terminal. Initially available in Belgium, Germany and the Netherlands, the launch “marks a pivotal move for Mollie, further strengthening its unified commerce payments proposition.” Mollie Terminal “adds… Read More

May 25, 2023 @ 10:00 pm By Omar Faridi  |  

D360 Bank, Saudi Arabia’s innovative new digital bank is pleased to announce its partnership with Thunes, a global cross-border payment infrastructure platform. This collaboration will “empower D360 Bank’s customers in Saudi Arabia to make fast and cost-effective B2B business payments and international remittances worldwide.” Additionally,… Read More

May 25, 2023 @ 9:52 pm By Omar Faridi  |  

SAB has announced its collaboration with Ottu, a fast-growing payment fintech, to enhance its Digital Payments Solution. This partnership will “provide SAB merchants with an Online Payment Management Solution (OPMS) using direct integration with the payment gateways provided by SAB.” This collaboration aims “to simplify… Read More

May 25, 2023 @ 8:56 pm By Omar Faridi  |  

Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, announced a $48 million Series C financing led by Avenir, a growth stage investment firm “focused on category defining, tech-enabled companies.” The investment round also “included additional participation by existing investor,… Read More

May 25, 2023 @ 8:55 pm By Omar Faridi  |  

TMX Group Limited and Clearstream Banking S.A., the international central securities depository of Deutsche Börse Group, announced plans to launch a new, automated Canadian Collateral Management Service, or CCMS. Together, TMX Group and Clearstream are working “to leverage the combined strength of their complementary services… Read More