November 7, 2022 @ 9:32 am By Omar Faridi  |  

BlueSnap, the payment orchestration platform for B2B and B2C businesses, has expanded its partnership with eCommerce agency, objectsource in order “to support online sellers across Europe.” The paytech firm has teamed up with the London-based consultancy “to enhance its integration with popular shopping cart plug-in… Read More

November 7, 2022 @ 9:29 am By JD Alois  |  

The SEC Office of the Advocate for Small Business Capital Formation has launched a new section of the Commission’s website outlining the “fundamentals of capital raising.” One of the main missions of the SEC is to facilitate capital formation for both smaller and larger firms. The… Read More

November 7, 2022 @ 8:56 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) is now making the claim that all ETH transactions fall under U.S. jurisdiction due to the network’s high concentration of nodes within the country. If this claim is found to be accurate, we will very soon see a… Read More

November 7, 2022 @ 8:54 am By Omar Faridi  |  

Zurich Insurance Group (Zurich) has launched Zurich eXchange, a newly created global API marketplace that “brings together the best services from across the Zurich Group, enabling faster integration and more efficient collaboration throughout the company and with customers and partners.” The move “marks the next… Read More

November 7, 2022 @ 8:51 am By JD Alois  |  

Chengpeng “CZ” Zhou, CEO and founder of Binance, has thrown some shade at competitor FTX announcing via Twitter it will be exiting its holdings of FTT, the native token of FTX, “due to recent revelations.” The revelations were not disclosed.   As part of Binance’s… Read More

November 7, 2022 @ 8:38 am By Omar Faridi  |  

Worldline [Euronext: WLN], a global player focused on payment services, has integrated its Fraud Management Suite into the issuing platform of Finnish bank S-Bank. Supported by Worldline technology, S-Bank will “deploy extensive real-time fraud detection for debit and credit cards whilst increasing the efficiency of… Read More

November 7, 2022 @ 8:36 am By JD Alois  |  

  Sam Bankman-Fried, the CEO and founder of FTX, says a “competitor” is spreading false rumors about his company, adding that FTX is “Fine. Assets are fine.” Bankman-Fried made his claims in a series of Tweets. https://twitter.com/SBF_FTX/status/1589598284322328579?s=20&t=HvhVmAJpHWkGiSGKZ1MgYQ According to Bankman-Fried, FTX has enough assets to… Read More

November 7, 2022 @ 7:49 am By JD Alois  |  

SeedBlink has been approved to provide investment crowdfunding across all EU member states. SeedBlink joins a handful of other platforms able to sell securities under ECSPR (European Crowdfunding Services Providers Regulation). SeedBlink noted that it is the first CEE country to be authorized under the… Read More

November 7, 2022 @ 7:28 am By Omar Faridi  |  

Plend is pleased to announce that they have raised £40 million in seed funding with new investors “including Leon & Soho House backers Active Partners, plus Velocity Juice, Sivo and the founders from Monzo, Starling Bank and Oodle Car Finance.” The investment round “includes existing… Read More

November 7, 2022 @ 7:26 am By Omar Faridi  |  

Bursa Malaysia Berhad and the London Stock Exchange Group (LSEG) signed a Memorandum of Understanding (MoU), in order “to expand the ESG collaboration between the two exchanges as well as explore new areas of opportunity.” Under the MoU terms, Bursa Malaysia and FTSE Russell, LSEG’s… Read More

November 6, 2022 @ 10:28 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), which claims to be the global financial technology platform of choice for leading businesses, recently announced a partnership with Teamwork Commerce, a mobile POS and OMS omnichannel retail solution, in the U.S. and Europe. Integrating Adyen’s technology and Teamwork’s cloud-based mobile POS… Read More

November 6, 2022 @ 10:24 pm By Omar Faridi  |  

UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, recently announced its partnership with cloud-native banking technology company Thought Machine and has “deployed its core banking engine, Vault Core.” Thought Machine’s next-generation core technology has “enabled UnionDigital Bank to swiftly build its… Read More

November 6, 2022 @ 9:31 pm By Omar Faridi  |  

The global wealth and asset management segment of Manulife Financial Corporation, Manulife Investment Management recently announced its cooperation with Singapore-headquartered environmental, social, and governance (‘ESG’) fintech Hashstacs Pte Ltd (‘STACS’). The cooperation centers “around the usage of STACS’ ESGpedia digital registry, which powers the ESG… Read More

November 6, 2022 @ 8:43 pm By Omar Faridi  |  

iLex, a Platform-as-a-Service fintech that designs, builds and operates digital market infrastructures for the US$6 trillion syndicated loans and private credit market, announced recently that it “has US$10 billion of assets listed on its platform.” The number of market participants across APAC and EMEA on… Read More

November 6, 2022 @ 8:37 pm By Omar Faridi  |  

Jakarta-based Bank Negara Indonesia (BNI) is migrating to the Avaloq Core Platform to support “the success of its Wealth Management Division.” Avaloq will “enable the bank to digitalize key business processes and meet the needs of the country’s growing wealth management and private banking clients.”… Read More

November 6, 2022 @ 5:34 pm By Omar Faridi  |  

Binance claims that it exists “to make crypto available to as many people as possible, as well as to serve as the easiest-to-use infrastructure services provider in the blockchain industry.” As part of that mission, Binance has partnered with Ledger “to bring different strands of… Read More

November 6, 2022 @ 5:07 pm By Omar Faridi  |  

Digital asset firm Okcoin has successfully completed a security audit. This milestone is just another step in their journey of offering their customers the “safest” crypto experience in the industry, the firm claims. As noted in the update, Okcoin has successfully completed the Service Organization… Read More

November 6, 2022 @ 4:36 pm By JD Alois  |  

A recent report from Crowdfund Capital Advisors indicates that investment crowdfunding under Reg CF is experiencing a pullback in the month of October. Virtually all markets have been roiled by exceptionally high inflation, rising interest rates, and general risk-off sentient. CCA reports that October is… Read More

November 6, 2022 @ 4:07 pm By Omar Faridi  |  

Zilch, which claims to be one of the world’s first Commerce Cards, recently announced it has surpassed the 3 million customer milestone – “outpacing fintech heavyweights like Revolut, Starling Bank and N26.” Zilch’s direct-to-consumer approach “continues to outperform the market showing significantly stronger levels of… Read More

November 6, 2022 @ 3:28 pm By Omar Faridi  |  

Revolut, the global financial superapp with more than 20 million customers worldwide, and more than five million retail customers in the UK, has released its Poppy card in partnership with the Royal British Legion and Visa. The card provides Revolut’s UK customers “with a unique… Read More