May 3, 2023 @ 8:30 am By Omar Faridi  |  

LHV Bank, a provider of Banking Services and SME Lending solutions, announces it has been authorized “as a credit institution by the Prudential Regulation Authority (PRA), becoming the first institution to receive a banking licence without restrictions in 2023.” This milestone achievement “allows LHV Bank… Read More

May 3, 2023 @ 8:28 am By Omar Faridi  |  

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

May 3, 2023 @ 8:24 am By Omar Faridi  |  

Bits Technology, the Stockholm-based startup that focuses on business and customer identity, announces a new €4 million seed funding raise that will help the company further its mission of reshaping how future fintech products are built. Bits will use the funds from the investment round… Read More

May 3, 2023 @ 8:22 am By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc. Numis is a UK corporate broking and advisory house “providing strategic advice and capital market connectivity to 166 retained… Read More

May 3, 2023 @ 7:27 am By Omar Faridi  |  

Building from its acquisition of anti-money laundering (AML) specialist company, Complytron, SEON has announced the appointment of Matt DeLauro as the company’s new CRO. The hire, “which represents the culmination of a six-month process, forms part of the company’s plans to continue investing in its… Read More

May 2, 2023 @ 11:43 pm By Omar Faridi  |  

Wormhole Foundation recently announced the launch of Wormhole Connect, which is described as a simple cross-chain integration solution for decentralized applications (dApps). Wormhole Connect will “provide developers with access to token bridging functionality in as little as three lines of code.” Wormhole Connect is “a… Read More

May 2, 2023 @ 11:40 pm By Omar Faridi  |  

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), and Amazon (NASDAQ:AMZN) recently announced new benefits and features on the Amazon Visa card portfolio, “providing cardmembers with increased opportunity to earn cash back on purchases made with their card… Read More

May 2, 2023 @ 11:27 pm By Omar Faridi  |  

The Future of Jobs Report 2023 suggests that “almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.” According to the estimates of the 803 companies surveyed for the report, employers “anticipate… Read More

May 2, 2023 @ 11:25 pm By Omar Faridi  |  

Astor Investment Management and FLX Networks announced their expanded relationship, “signaling further adoption of new, innovative, and efficient models by asset management firms as the industry undergoes significant changes.” Under this expanded partnership, FLX will now “represent Astor as its full-service front-office distribution partner, handling… Read More

May 2, 2023 @ 7:30 pm By Omar Faridi  |  

Backbase, which claims to be the global leader in Engagement Banking, has released a new report titled, “Banking Disruption: Australians’ Shift in Focus towards Credit Unions, Mutuals and Second Tier Banks”, which highlights the ways Australians are engaging with the top 10 banks online and… Read More

May 2, 2023 @ 7:19 pm By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) have introduced new features to simplify access to Web 3. According to the firm, Robinhood Connect helps “make Robinhood Crypto the most trusted, lowest cost and easiest to use crypto on-ramp.” Recently, at Consensus 2023, Robinhood Crypto GM Johann Kerbrat… Read More

May 2, 2023 @ 6:17 pm By Omar Faridi  |  

Finastra announced that First Citizens Bank of Iowa and Minnesota, a family-owned community bank headquartered in Mason City, Iowa, has “expanded its collaboration with Finastra, migrating Finastra’s Fusion Phoenix core solution from on-site hosted to the cloud.” The bank will leverage its new core capabilities… Read More

May 2, 2023 @ 5:30 pm By JD Alois  |  

While the United States continues to pursue a rule-upon-regulation strategy that undermines public listings, increasing cost and compliance requirements, the UK is looking to improve the number of public firms by simplifying its listing rules. The policy objective has been discussed for years, and today… Read More

May 2, 2023 @ 4:47 pm By Omar Faridi  |  

Modern payments platform, Dwolla, announced 45% growth of their Partner Ecosystem in Q1 of 2023. As part of this growth, data aggregator Flinks “joined other partners in Dwolla‘s Secure Exchange solution to offer a seamless account verification service to Dwolla’s clients.” Since Q4 of 2022,… Read More

May 2, 2023 @ 4:44 pm By JD Alois  |  

  Markets in Crypto-Assets legislation or MiCA was approved by the European Parliament two weeks ago. The digital asset framework aims to provide harmonized rules for all European Member states – enabling innovation while providing sufficient protections for markets and investors. At the same time,… Read More

May 2, 2023 @ 4:04 pm By JD Alois  |  

Temasek has taken the extraordinary step of refuting internet chatter that it has invested in Array. Array is an “omni-chain protocol for application-oriented decentralized asset management” that aims to create a “next-generation algorithmic currency system.” Temasek is a “generational investor” and global investment company headquartered… Read More

May 2, 2023 @ 3:44 pm By Omar Faridi  |  

Splitit (ASX: SPT), which claims to be the “only” white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, has announced a new super-fast white-label payment experience, SplititExpress. This experience “enables checkout in under 2-seconds and also… Read More

May 2, 2023 @ 2:39 pm By Omar Faridi  |  

C2FO claims it is the first and “only” platform to provide on-demand working capital to suppliers of major enterprises worldwide. To mark their 15th year of doing business, the company announced the launch of “a new brand and an enhanced website that bring the company’s… Read More

May 2, 2023 @ 12:47 pm By Omar Faridi  |  

EDITED, supplier of the SaaS Retail Intelligence platform, announced the appointment of Shellie Vornhagen as its Chief Marketing Officer, David Hartig as Chief Technology Officer and Shakeel Abdul as Chief Strategy Officer. These key additions to the C-Suite aim to “solidify a successful 2022 that… Read More

May 2, 2023 @ 11:50 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) and Stripe are launching a new feature on Microsoft Teams that will empower companies “to unlock new revenue streams and grow their business – all with the simple touch of a button.” Introducing Teams Payments, a solution that “enables meeting hosts to… Read More