January 23, 2023 @ 8:24 am By Omar Faridi  |  

On 20 January 2023, Huobi announced that it is currently cooperating with Fireblocks on institutional crypto custody and payments, and Off-Exchange services “to better serve clients who want greater security, control and capital efficiency on their assets.” Fireblocks is the digital asset infrastructure “for thousands… Read More

January 22, 2023 @ 11:29 pm By Omar Faridi  |  

wefox, which claims to be one of the world’s leading Insurtechs, has appointed Rene Besenbäck as Head of Sales in Austria, with immediate effect. Rene Besenbäck will be “responsible for delivering sales for wefox Austria and working closely with the Head of Country, Rainer Vogelmann,… Read More

January 22, 2023 @ 11:17 pm By Omar Faridi  |  

Property Partner, which claims to be he UK’s leading fractional property investment platform, is rebranding as London House Exchange. The rebrand reportedly :follows an additional £2.4m of investment from US digital homeownership company, Better.” With the rebrand, London House Exchange (LHX) “reprises its original legal… Read More

January 22, 2023 @ 11:17 pm By Omar Faridi  |  

IndiaBonds announces the appointment of a new CEO to drive strategic growth and innovation and is set to welcome its Chief Executive Officer and Co-Founder Mr. Vishal Goenka. Prior to joining IndiaBonds, Vishal was “a Managing Director at Deutsche Bank Singapore, Global Markets, for many… Read More

January 22, 2023 @ 10:49 pm By JD Alois  |  

The British Business Bank has agreed to an initial £175 million “ENABLE Guarantee” for DF Capital, a subsidiary of Distribution Finance Capital Holdings plc. DF Capital received its banking license in September 2020. Headquartered in Manchester, DF Capital is a commercial lending and personal savings… Read More

January 22, 2023 @ 10:47 pm By Omar Faridi  |  

Merchant commerce omnichannel platform, Pine Labs announced that it has entered the United Arab Emirates (UAE) market. Pine Labs will partner local banks and financial institutions in the region “to help them serve their merchant partners better.” Banks in the UAE will “benefit from a… Read More

January 22, 2023 @ 10:21 pm By Omar Faridi  |  

Maybank and Perodua Sdn Bhd recently signed a Memorandum of Collaboration (MoC) on providing seamless end to end integrated digital financial services for Perodua via Maybank’s M2e platform as well as offering additional financial support via financing packages worth close to RM400 million to help… Read More

January 22, 2023 @ 10:20 pm By Omar Faridi  |  

PARSIQ has launched its “blazing” fast Tsunami API on Arbitrum One. The Layer-2 Ethereum scaling solution has already “attracted a strong community of users and developers — with Tsunami API, builders can access instant real-time and historical data providing advanced querying functionality and vital monitoring… Read More

January 22, 2023 @ 10:17 pm By Omar Faridi  |  

Masa, the first Ethereum Virtual Machine (EVM)-compatible Soulbound identity protocol, announced its mainnet launch on the Ethereum network. The mainnet launch of Masa Soulbound Identity “brings a standardized on-chain Soulbound Token protocol and infrastructure to power the web3 economy.” The mainnet launch “empowers users to… Read More

January 22, 2023 @ 10:14 pm By JD Alois  |  

The Crowdfunding Professional Association (CfPA) has announced that Rebecca Kacaba, Etan Butler, and Andrew Savikas have agreed to join its board of directors. At the same time, the CfPA has revealed an updated strategic plan focused on the growth of the industry. Kacaba is the… Read More

January 22, 2023 @ 5:07 pm By Omar Faridi  |  

Orrick and Buckley jointly announced the strategic combination, which “responds to growing demand from the most innovative companies and financial institutions for forward-looking regulatory and enforcement advice.” It also responds “to demand from Fintech innovators, tech companies and their financial sponsors for holistic solutions to… Read More

January 22, 2023 @ 5:00 pm By Omar Faridi  |  

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

January 22, 2023 @ 4:03 pm By Omar Faridi  |  

Onfido, the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework). The certification serves use cases “where a higher confidence level in digital identity verification is required.”… Read More

January 22, 2023 @ 3:59 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged Avraham Eisenberg, a 27-year-old U.S. citizen who was arrested and detained at MDC Guaynabo, Puerto Rico, with attempting to manipulate MNGO tokens – the native token of Mango Markets. Eisenberg is expected to appear before the Southern… Read More

January 22, 2023 @ 3:35 pm By Omar Faridi  |  

Qolo recently revealed that it processed more than $1 billion in total payouts in Q4 of 2022. As the world’s “first” and “only” fully cloud-based payments and card issuing processor, Qolo powers various Fintechs and banks “with flexible, scalable payout solutions.” Qolo delivers direct access… Read More

January 22, 2023 @ 3:33 pm By Omar Faridi  |  

Product innovation, growth and increasing profit – these are all things small business owners and entrepreneurs need to focus on, “particularly at the early stages of their company,” according to an update from Paysend. Paysend asks why is their attention being diverted by “trying to… Read More

January 22, 2023 @ 3:32 pm By Omar Faridi  |  

Bank Nagelmackers, which claims to be one of the leading personal and private banks in Belgium, has selected Objectway, a Pan-European Wealth & Asset Management software and services company, in order “to implement a new private client wealth management platform for the bank’s advisory, discretionary… Read More

January 21, 2023 @ 5:51 pm By Omar Faridi  |  

Sentinels, a Fenergo company and Europe’s intelligent transaction monitoring and client risk management specialist, announces the launch of its new platform solution for transaction monitoring. The SaaS platform is designed “to help financial institutions detect and eliminate financial criminality with greater speed and accuracy than… Read More

January 21, 2023 @ 3:42 pm By Omar Faridi  |  

ZEBEDEE, the Fintech and next-generation payment processor for the gaming industry, and VIKER, the innovative mobile games studio that’s taking over the Play-and-Earn space,  announced the launch of two new rewarded games, “with more to come soon.” These new releases continue VIKER’s strategy of using… Read More

January 21, 2023 @ 2:39 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced its new web push provisioning product. With web push provisioning, Marqeta customers can “reduce friction at the point-of-sale and enable their users to pay directly from their mobile wallets without requiring them to download a… Read More