March 8, 2023 @ 10:21 am By JD Alois  |  

  Established by the LawtechUK panel, the UK Jurisdiction Taskforce (UKJT) has issued a statement on digital asset clarity, which will “cement” the UK as the digital financial market leader in digital securities. The research was completed in partnership with the finance and economics consultancy… Read More

March 8, 2023 @ 10:02 am By Omar Faridi  |  

Global payments and financial platform Airwallex has secured a payment business license in China, following the successful acquisition of “a 100% stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company. Shang Wu Tong Network Technology has a… Read More

March 8, 2023 @ 9:57 am By JD Alois  |  

Today, a House Financial Services Committee hearing will see Fed Chair Jerome Powell testifying on monetary policy and the state of the economy. The hearing will be live-streamed on the Committee website starting at 10 AM ET today (March 8, 2023). The hearing is entitled… Read More

March 8, 2023 @ 9:12 am By JD Alois  |  

Alpha Transform Holdings (ATH), a new holding company created from the merger of assets controlled by Enzo Villani of Alpha Sigma Capital and Michael Terpin of Transform Ventures, has announced the creation of two new blockchain funds with approximately $100 million in assets under management (AUM)…. Read More

March 8, 2023 @ 8:50 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has announced taking action against “unregistered crypto ATMs.” Last year, the FCA announced it would shut down crypt ATMs that were not registered with the agency and in compliance with anti-money laundering rules. At that time, none of the… Read More

March 8, 2023 @ 8:35 am By Omar Faridi  |  

Northern Trust (Nasdaq: NTRS) announced that UK-based asset manager Redwheel is now using its data aggregation tool, developed by its strategic partner, Equity Data Science, Inc., in order “to enhance ESG integration across its investment business.” Founded in 2000 and formerly known as RWC Partners,… Read More

March 8, 2023 @ 8:32 am By Omar Faridi  |  

Following the announcement of impressive growth in the past year, Weavr has confirmed the acquisition of B2B Open Banking platform, Comma Payments, in “a first-of-its kind deal within the world of embedded finance.” The acquisition, which is “largely equity-based, will see Weavr retain most of… Read More

March 8, 2023 @ 8:30 am By Omar Faridi  |  

Global financial technology company SumUp has unveiled its multi-product subscription – SumUp One, now “available in the UK and Italy, and soon in other European markets.” SumUp One reportedly “combines the best of the SumUp product suite in a single, unified offering for merchants across… Read More

March 7, 2023 @ 11:27 pm By Omar Faridi  |  

N2F, a provider of expense management software solutions, announced a €24 million strategic growth investment from PSG Equity (PSG), a growth equity firm partnering with software and technology-enabled services companies “to help accelerate their growth and build scale across Europe and North America.” Nicolas Dubouloz… Read More

March 7, 2023 @ 10:17 pm By Omar Faridi  |  

AsiaPay, a provider of digital payment solutions in the Asia Pacific, has launched Visa Instalments in Hong Kong and will further extend to Southeast Asia to provide merchants more flexible payment options and enhance the purchase experience of consumers. Leading a new trend in credit… Read More

March 7, 2023 @ 9:29 pm By Omar Faridi  |  

FOODICS, the cloud-based restaurant management technology and payments platform in the MENA region, announces a strategic partnership with the Communications Platform as a Service (CPaaS) provider, Unifonic. Since it was founded in 2006, Unifonic has consistently “grown its product line and its markets to provide… Read More

March 7, 2023 @ 9:27 pm By Omar Faridi  |  

FNZ, the global wealth management platform, is pleased to announce the launch of a transformative global family leave benefits package for all employees and new recruits. The new package, “available to all of FNZ’s 6,400 employees worldwide, is a significant step forward for the industry… Read More

March 7, 2023 @ 8:07 pm By Omar Faridi  |  

Lightico, a provider of digital customer interactions, announced its integration with Innovis, a leading provider of fraud prevention solutions, “to provide its authentication tool, FailSafe®, to manage fraud risk.” The phone ID verification tool will “assist current and future Lightico customers with fraud detection and… Read More

March 7, 2023 @ 7:47 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, introduced a new fraud mitigation solution designed to simplify how large enterprises manage omnichannel risk. Accessible through the Carat global commerce platform, the modular solution empowers merchants with controls that can… Read More

March 7, 2023 @ 7:27 pm By Omar Faridi  |  

Wix.com Ltd. (NASDAQ: WIX), a global SaaS platform to create, manage and grow an online presence, announced an extended partnership with Stripe in order “to bring Tap to Pay on iPhone to U.S.-based Wix merchants.” This enables Wix merchants “to accept secure, contactless payments directly… Read More

March 7, 2023 @ 6:09 pm By JD Alois  |  

Paxos, a regulated digital asset platform, says that even with the calamitous 2022 collapse of FTX, consumers are confident about the crypto sector going forward. Paxos said it completed the survey in partnership with Pollfish, who polled more than 5000 individuals in an online survey… Read More

March 7, 2023 @ 5:54 pm By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, announced that Graham Capital Management, L.P., a global alternative investment firm with approximately $17.9 billion in assets under management that specializes in providing quantitative and discretionary macro strategies, is partnering with CAIS “to add select alternative… Read More

March 7, 2023 @ 5:07 pm By Omar Faridi  |  

Six months after its pre-seed, B2B payments platform Barte has raised a $3m seed round, bringing total funding to date to over $4 million. The Brazilian fintech will use the money raised from the investment round “to establish itself as the premium B2B payments platform… Read More

March 7, 2023 @ 5:00 pm By Omar Faridi  |  

Kueski, the online financial ecosystem for consumers in Mexico, announced that it has disbursed a record 10 million loans. With more than 1.8 million unique customers and more than $1.6 billion in loan transactions, this marks an important milestone for the company on its mission… Read More

March 7, 2023 @ 4:58 pm By Omar Faridi  |  

After the successful launch of Market Maker Integration on Ethereum, PancakeSwap have been listening to your feedback and are pleased to announce that they are “extending this feature to BNB Smart Chain.” You can now trade BNB and ETH “with reduced slippage and the best… Read More