April 6, 2023 @ 10:18 am By JD Alois  |  

The JOBS Act of 2012 was signed into law eleven years ago, on April 5, 2012. While it took some time for the various acts to become actionable – with Title III Reg CF not going into effect until 2016, the bipartisan act of legislation… Read More

April 6, 2023 @ 9:26 am By Omar Faridi  |  

Buy now, pay later (BNPL) loans aren’t only for fancy shoes, kitchen appliances and gaming systems, according to an update from LendingTree. Millions of Americans “use these loans as lifelines.” The latest LendingTree survey finds “that 27% of BNPL users say they use these loans… Read More

April 6, 2023 @ 9:00 am By Omar Faridi  |  

TerraPay, a global payments infrastructure company, has successfully closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing. The investment round was “led by IFC and supported by Prime Ventures, Partech Africa, U.S. International Development Finance Corporation… Read More

April 6, 2023 @ 8:08 am By Omar Faridi  |  

PostFinance, one of Switzerland’s major financial institutions and largest retail banks, partners with Sygnum, which claims to be one of the world’s first digital asset banks, “to offer its customers a range of regulated digital asset banking services via Sygnum’s B2B banking platform.” PostFinance‘s partnership… Read More

April 6, 2023 @ 7:54 am By Omar Faridi  |  

21Shares AG, which claims to be the world’s largest issuer of cryptocurrency exchange traded products (ETPs) and a subsidiary of 21.co, unveiled the 21Shares Stacks Staking ETP (ASTX) – the “world’s first” ETP offering exposure to Stacks. Stacks is “a crypto asset protocol that unlocks… Read More

April 5, 2023 @ 11:47 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), has launched its UK operations and appointed cyber insurance expert, Simon Hughes, as General Manager for Cowbell UK. Hughes joins Cowbell “with a unique blend of experience across the U.S. and the UK,… Read More

April 5, 2023 @ 11:37 pm By Omar Faridi  |  

Orange Bank announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange Bank on Mambu in Spain in 2019. The bank leverages Mambu “to manage its current account, loan and credit card products… Read More

April 5, 2023 @ 10:00 pm By Omar Faridi  |  

Finance Incorporated Limited, a gateway provider of electronic money services, announced today it has selected ThetaRay AI-powered transaction monitoring technology to further “strengthen its AML framework and grow business alongside increasing volumes of transaction data.” The agreement with ThetaRay “to implement the SaaS-based SONAR AI… Read More

April 5, 2023 @ 9:53 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Saudi Export-Import Bank (Saudi EXIM Bank) has implemented Temenos core banking platform, going live in just six months. Temenos enables Saudi EXIM Bank “to drive operational and financial efficiency, making it faster and easier for businesses to access trade finance,… Read More

April 5, 2023 @ 6:37 pm By Omar Faridi  |  

Global Fintech Broadridge Financial Solutions, Inc. (NYSE:BR) announced that UBS (NYSE:UBS) and a global Asian bank have successfully “executed the first cross-border intraday repo transaction on Broadridge’s blockchain enabled Distributed Ledger Repo (DLR) platform.” This intraday trade “marks the launch of the next phase in… Read More

April 5, 2023 @ 4:37 pm By Omar Faridi  |  

Input Output Global, Inc. (IOG), a software research & development company, and one of the builders behind sustainable blockchain platform Cardano, has appointed Eran Barak as CEO of Midnight, “its new data-protection focused protocol.” Barak has previously “held senior roles in the financial services industry.”… Read More

April 5, 2023 @ 3:48 pm By JD Alois  |  

Republic Note will be available to the broader investing public beginning next Monday, according to the company. No longer described as a token, Republic Note has now been labeled a digital security. “R/Note” aims to provide investors with exposure to the economic upside of some… Read More

April 5, 2023 @ 2:32 pm By JD Alois  |  

Operation Cookie Monster Genesis Market, a dark web operation that catered to criminals looking for stolen identities to pilfer bank accounts or pursue ransomware operations, has been taken down in a coordinated operation that involved many different enforcement agencies around the world. The Federal Bureau… Read More

April 5, 2023 @ 2:17 pm By Omar Faridi  |  

Volante Technologies, the global provider of cloud payments and financial messaging solutions to accelerate digital transformation, is celebrating Women’s History Month with the announcement of “a series of female hires to strategic positions in the business.” Emer Murphy was “hired in October 2022 as Vice… Read More

April 5, 2023 @ 1:35 pm By JD Alois  |  

European Crowdfunding Service Providers Regulation (ECSPR) has been active for some time now. The new rules allow for securities platforms to solicit investors across all EU member states. Firms may raise up to €5 million in an online offering, thus improving upon the previous national… Read More

April 5, 2023 @ 1:09 pm By JD Alois  |  

Remote working firm Reskube has raised its £500,000 goal via a securities offering on Crowdcube. The company sold a 5.88% stake in the firm at a pre-money valuation of £8 million. The offering was hidden on the Crowdcube website as it was pitched to s”elected… Read More

April 5, 2023 @ 12:53 pm By JD Alois  |  

Metaco has revealed a partnership with Liechtenstein private bank VP Bank (SWX: VPBN). According to a statement distributed by Metaco, the bank will incorporate Metaco’s Harmonize platform to enable digital asset custody and tokenization services, including financial assets, minting, burning, and storage of tokens. VP… Read More

April 5, 2023 @ 12:26 pm By Omar Faridi  |  

Surer has released its latest feature that allows insurance intermediaries to build and launch their personal websites within minutes. Called the Personal Website Builder, insurance intermediaries “can showcase their professional profile, achievements and most importantly, the insurance products that they distribute.” Their clients can now… Read More

April 5, 2023 @ 12:17 pm By Omar Faridi  |  

Kin Insurance announced that the Kin Interinsurance Network, its reciprocal insurance carrier, successfully closed a $100 million private placement catastrophe bond transaction, bringing Hestia Re Ltd.’s total outstanding limit to $275 million. The new multi-year reinsurance arrangement with Hestia Re “provides the Kin Interinsurance Network… Read More

April 5, 2023 @ 11:14 am By Omar Faridi  |  

Unqork, the Codeless as a Service platform,  announced its partnership with Rhino.ai, to launch its new Migration Factory solution. Rhino.ai’s patented AI-driven software streamlines software migration “by automatically extracting and converting workflows, schemas, data, APIs, and roles from legacy environments and platforms, seamlessly integrating them… Read More