January 18, 2023 @ 7:47 am By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) reveals that the harsh market conditions have led to the company  makin the difficult decision “to halt operations in Japan and to conduct a complete review of ther business in the country.” However, Coinbase is committed “to making this transition… Read More

January 18, 2023 @ 7:45 am By Omar Faridi  |  

HAYVN, a globally regulated digital asset focused financial institution, called the bottom of the cryptocurrency market and launched its HAYVN 20 Cryptocurrency Index fund. The Cayman Islands based fund “offers clients a diversified, low-cost, and regulated strategy to invest in an index representing the top… Read More

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

Xoom, PayPal’s (NASDAQ: PYPL) international money transfer service, announced that it has launched a new cross-border money transfer product, Debit Card Deposit, “enabling Xoom customers in the U.S. to send money directly to their friends & family’s eligible Visa debit cards in 25 countries.” Launched… Read More

January 17, 2023 @ 10:47 pm By Omar Faridi  |  

Finsure, Australia’s mortgage broker aggregator, has partnered with Frollo and NextGen to use Open Banking data as part of the loan application process. Finsure has reportedly “become the first Australian mortgage aggregator to turn on Open Banking access for its brokers.” In a partnership with… Read More

January 17, 2023 @ 10:13 pm By Omar Faridi  |  

Splitit Payments Limited (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, announced that Splitit and Alipay have formed a partnership “to power the ‘Pay After Delivery’ option for… Read More

January 17, 2023 @ 10:12 pm By Omar Faridi  |  

The past year has been “challenging,” according to an update from Robo.cash. However, Robocash says it’s time to take stock and start 2023 “with new goals and plans.” The Robo.cash team is pleased to share the results of their creditors for 2022. RC Riga Kazakhstan… Read More

January 17, 2023 @ 5:25 pm By JD Alois  |  

Unikrn, a token issuer that attempted to remain compliant while issuing digital assets but ended up being the target of a Securities and Exchange Commission (SEC) enforcement action, settled with the Commission in 2020. As was reported at that time, Unikrn was assessed a $6.1 million… Read More

January 17, 2023 @ 5:08 pm By JD Alois  |  

OKX has announced a new feature labeled “Copy Trading” in a move to “overhaul the trading experience.” Copy Trading is a tool that enables Social Trading. Users can follow high-performing traders and replicate their trades in new real-time. OKX states that there is a common… Read More

January 17, 2023 @ 5:00 pm By Omar Faridi  |  

Andrew Ellam, former Chief of Staff to CTO and Head of Technical Program Management at Monzo Bank, joins the senior leadership team as VP of Technology at Climate X, a multi-award-winning global climate risk data & analytics provider based in London, UK. Andrew reportedly “brings… Read More

January 17, 2023 @ 4:58 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced a number of leadership changes as the company prepares for the next phase of growth. After 20 years of service, Max Chuard has “decided to step down from his role as CEO and a search to identify a new CEO is… Read More

January 17, 2023 @ 1:26 pm By Omar Faridi  |  

Deutsche Bank and its Blue Water Fintech Lab recently launched a Robotic Process Automation (RPA) commercialization program by “introducing a multibank Data Processing and Reconciliation Solution, its first commercial product.” Deutsche Bank is the first international bank in China “to offer this innovative solution to… Read More

January 17, 2023 @ 12:47 pm By Omar Faridi  |  

Ingenico, which claims to be a global leader in payments acceptance solutions, and Klarna, the “leader” in the generational shift away from credit cards, announced a partnership that will facilitate the roll out of Klarna’s flexible payment options “at the point of sale using PPaaS,… Read More

January 17, 2023 @ 12:15 pm By JD Alois  |  

Property investment and financing platform Capital Rise has announced four new hires following a “period of substantial growth.” The positive report follows Capital Rise surpassing £200 million in loan originations during Q4 of 2022. About half of this amount was financed during the 12 month… Read More

January 17, 2023 @ 11:56 am By JD Alois  |  

Bison Bank, a regulated bank licensed by the Banco de Portugal, has inked an agreement with Sygnum Bank to enter the global crypto markets. The move follows the announcement of Bison Digital Assets, a subsidiary of the bank aiming to provide digital asset services like … Read More

January 17, 2023 @ 11:47 am By Omar Faridi  |  

Experian has launched CreditLock, a new feature that will “enable customers to lock their Experian Credit Report at the touch of a button.” The launch comes “following data that shows 1 in 4 UK adults have fallen victim to fraud, with 75% of UK adults… Read More

January 17, 2023 @ 11:01 am By Omar Faridi  |  

NTT DATA UK&I, which claims to be a trusted global innovator in banking and IT services, has announced that it has appointed four new senior hires to its banking practice (banking solutions division), “demonstrating continued growth as an advisory business of the highest quality.” Banking… Read More

January 17, 2023 @ 10:53 am By JD Alois  |  

Goldman Sachs (NYSE:GS) reported Q4 2022 and full-year 2022 results this morning, falling short of analyst expectations. The operations of the world’s most prominent investment bank and aspiring Fintech have been challenged during a difficult economic climate. Recently, Goldman slashed approximately 3200 employees to cut… Read More

January 17, 2023 @ 8:38 am By Omar Faridi  |  

Global fintech Airwallex has announced the launch of a partnership with American Express, allowing Airwallex customers “to accept American Express Cards as a payment method.” Airwallex customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to “accept American Express Card… Read More

January 17, 2023 @ 8:37 am By Omar Faridi  |  

Sprinque, Europe’s most flexible B2B payments platform, has raised a €6m seed funding round led by Connect Ventures, “with participation from Kraken Ventures, Inference Partners, and SeedX.” Existing investors Antler, Volta Ventures, and Force Over Mass also contributed to the investment round. Sprinque’s B2B payments… Read More

January 17, 2023 @ 8:31 am By Omar Faridi  |  

FNZ, the global wealth management platform, is pleased to announce the acquisition of Fondsdepot Bank, one of the leading independent platforms for trading and custody in Germany. The acquisition represents “a further investment by FNZ in the German market and will bring together the complementary… Read More