December 5, 2022 @ 11:49 pm By Omar Faridi  |  

Tonik Financial Pte. Ltd., the parent company of Tonik Digital Bank, Inc. in the Philippines, has entered into a landmark agreement with Tendo Payment Solutions Pte. Ltd. in order “to acquire its Philippine business, operating under the brand name ‘TendoPay’.” This deal, which is “subject… Read More

December 5, 2022 @ 11:15 pm By Omar Faridi  |  

2C2P, a global payments platform and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) “across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand.” Unlike other BNPL offerings, Pine Labs claims that… Read More

December 5, 2022 @ 10:46 pm By JD Alois  |  

Silvergate (NYSE:SI), a west coast banking operation that has been a leader in supporting the digital asset sector, is not getting a lot of love these days. Its relationships with previously high-flying crypto platforms have come back to haunt the bank. Silvergate started 2022 with… Read More

December 5, 2022 @ 10:37 pm By Omar Faridi  |  

Saudi British Bank (SABB) has announced a strategic partnership with Visa’s Cybersource payment gateway and risk platform, “with the aim of fostering the bank’s growth in an evolving and dynamic eCommerce space.” This partnership will “enhance the overall capabilities of SABB’s Payment Gateway and, most… Read More

December 5, 2022 @ 10:21 pm By Omar Faridi  |  

Hi Marley, creators of the only insurance-focused collaboration platform powered by SMS, is pleased to announce its partnership “with Tokio Marine subsidiary, Philadelphia Insurance Companies (PHLY).” Headquartered in Bala Cynwyd, Pennsylvania, and strategically located across the US, PHLY has “delivered superior customer service for more… Read More

December 5, 2022 @ 10:06 pm By Omar Faridi  |  

Keyrock, digital asset market maker, raised $72 million in its Series B funding round from investors “including Ripple, SIX Fintech Ventures and Middlegame Ventures.” Keyrock plans to use the funding from its investment round “to invest further into infrastructure development, scalability tools, as well as… Read More

December 5, 2022 @ 9:20 pm By Omar Faridi  |  

YAI, a New York-based organization dedicated to providing innovative services for people with intellectual and developmental disabilities (I/DD), has partnered with DailyPay, the provider of on-demand pay. Through the partnership, YAI is among “the first I/DD employers to implement DailyPay for its frontline, direct-care employees.”… Read More

December 5, 2022 @ 8:18 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced the signing of a Memorandum of Understanding (MoU) focused “on the cooperation with the AI Education Institute of Hankuk University of Foreign… Read More

December 5, 2022 @ 7:24 pm By Omar Faridi  |  

HYPR, the Passwordless Company, announced a $25 million Series C1 led by Advent International “through Advent Tech, the firm’s dedicated global technology fund.” The investment round brings HYPR’s total funds “raised to $97 million and includes participation from existing investors including .406 Ventures, RRE Ventures,… Read More

December 5, 2022 @ 7:21 pm By Omar Faridi  |  

In September 2022, cryptocurrency trading platform MEXC had ranked among the major liquidity providers. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has increased substantially, the firm claims. “Users first, MEXC‘s Changing for you” has been the service… Read More

December 5, 2022 @ 4:20 pm By Omar Faridi  |  

The team at Ledger notes that NFTs are ushering in “an artistic renaissance that has barely begun to play itself out, changing how art, music and, more broadly, culture is digitally generated, owned and exchanged forever.” As the platform to secure and manage NFTs, Ledger… Read More

December 5, 2022 @ 2:49 pm By JD Alois  |  

The failure of FTX and the allegations of fraud pointed at founder and former CEO Sam Bankman-Fried continue to garner much coverage in both traditional media as well as more modern digital news providers. The speed of the collapse, and the amount of funds involved… Read More

December 5, 2022 @ 1:21 pm By Omar Faridi  |  

C6 Bank corporate customers have one more option “to receive payments in their businesses: Pix Cobrança.” With the free resource, it is possible “to issue personalized QR codes and manage payments in a simplified way through the app.” Monisi Costa, head of products for legal… Read More

December 5, 2022 @ 11:57 am By Omar Faridi  |  

New research from Trulioo, a global digital identity verification platform, “shows that 87% of online marketplace leaders view identity verification as critical to protecting consumers and building trust during unpredictable times.” Those respondents also overwhelmingly “see identity verification as more than just a single step… Read More

December 5, 2022 @ 11:21 am By Omar Faridi  |  

The Governing Council of the European Central Bank has reportedly decided to reschedule the launch of the Eurosystem Collateral Management System (ECMS) from 20 November 2023 to 8 April 2024. This decision was “taken to mitigate the impact of the rescheduled launch of T2, the… Read More

December 5, 2022 @ 9:36 am By JD Alois  |  

Circle, the issuer of dollar-based stablecoin USDC, has terminated the SPAC deal, which would take the company public, according to a release. The SPAC was initially expected to close this month (December). According to the statement, the two parties – Circle and Concord Acquisition Corp… Read More

December 5, 2022 @ 9:24 am By JD Alois  |  

Shojin, a UK-based, FCA-regulated real estate investment platform, is out with a note indicating investors are seeking out alternative assets as a method to mitigate a floundering economy. Shojin states that a recent survey of UK investors shows risk mitigation is at the top of… Read More

December 5, 2022 @ 9:10 am By JD Alois  |  

SEBA Bank and HashKey Group have formed a partnership that aims to boost digital asset adoption in Switzerland and Hong Kong. According to a corporate statement, a Memorandum of Understanding (MOU) has been signed between the two firms. The agreement is for HashKey to become… Read More

December 5, 2022 @ 8:51 am By Omar Faridi  |  

Currencycloud, which claims to be the expert in simplifying business in a multi-currency world, has partnered with Scottish start-up app Skedadle in order “to provide its users an easy, secure and seamless way to transfer money earned in-app while playing games on public transport.” Skedadle… Read More

December 5, 2022 @ 8:46 am By Omar Faridi  |  

The Euro Banking Association (EBA) released a report on “the use of real-time data in corporate liquidity management based on research by the EBA.” The objective of this paper is “to provide insight into how some companies already use real-time data in the liquidity management… Read More