November 4, 2022 @ 3:43 pm By JD Alois  |  

Polkadot’s native token DOT is no longer a security, according to the Web3 foundation. Polkadot said it has been working with the Securities and Exchange Commission’s FinHub on the process. The Web3 Foundation said that DOT has “morphed” from a security to software, perhaps accomplishing… Read More

November 4, 2022 @ 3:21 pm By JD Alois  |  

ADDX, a Singapore-based digital securities exchange, has “tokenized” a portfolio of wine from top vineyards in Burgundy, France, providing a keen example as to how distributed ledger technology can be utilized to turn different products into digital assets. According to ADDX, the estimated worth of… Read More

November 4, 2022 @ 3:01 pm By Omar Faridi  |  

AKUVO, a technology organization specializing in credit risk and delinquency management, announced that Mountain America Credit Union has “signed on to AKUVO Aperture to provide its members with personalized solutions to aid in overcoming delinquency.” Aperture harnesses data “to help collection staff offer behavior-based, personalized… Read More

November 4, 2022 @ 2:58 pm By Omar Faridi  |  

Airbase, the “fast-growing” spend management solution, announced that the company is rolling out a series of new product capabilities that “expand its all-in-one spend management platform to support the sophisticated purchasing processes of today’s mid-market and larger companies.” These new capabilities “help ensure compliance by… Read More

November 4, 2022 @ 11:09 am By Omar Faridi  |  

Episode Six, the global payments and banking infrastructure provider, and Immersve, a multichain payments protocol and Scheme card issuer, have announced a partnership “to facilitate Scheme payments directly from Web3 digital wallets.” This partnership “brings together Episode Six’s globally distributed issuer processing expertise and Immersve’s… Read More

November 4, 2022 @ 10:33 am By Omar Faridi  |  

Sustainability and climate protection are “central challenges” of our time. Therefore, the EU is successively “obliging companies, credit institutions and other financial service providers to make the sustainability of their economic activities measurable within the framework of the EU Taxonomy Regulation.” The aim is “to… Read More

November 4, 2022 @ 9:34 am By JD Alois  |  

Simetria Trading Solutions and Finhaven Technology, operator of FinhavenTM Private Markets, have announced a new liquidity partnership, according to a company statement. Simetria is an Israel-based Fintech utilizing blockchain technology to boost efficiency for secondary trading. Simetria is the only Fintech in Israel to have… Read More

November 4, 2022 @ 8:53 am By Andrew Howell  |  

From sea shells to stones, physical tokens have represented units of value for thousands of years. Recently, blockchain technology has given rise to the digital token economy, where items of value can be represented cryptographically. A growing marketplace has rapidly formed around this new technology… Read More

November 4, 2022 @ 8:23 am By Omar Faridi  |  

Zero Hash, the global B2B2C crypto-as-a-service infrastructure provider, recently announced its expansion into Brazil. Zero Hash “enables businesses to embed digital assets within their product offering with a light technical lift and little regulatory burden.” Zero Hash’s platform “provides customers the complete building blocks for… Read More

November 4, 2022 @ 8:14 am By Omar Faridi  |  

N26, The Mobile Bank, announced the appointment of its new group Supervisory Board “as it continues to evolve its governance structures in preparation for the next stages of development.” The latest appointments “will see Marcus W. Mosen, Jörg Gerbig, Dr. Barbara Roth, Dr. Julian Deutz… Read More

November 4, 2022 @ 8:12 am By Omar Faridi  |  

Bitwise Asset Management, which claims to be one of the largest crypto index fund managers, announced one of the “most significant” enhancements to the firm’s capabilities since its founding in 2017: the creation of Bitwise’s actively managed crypto strategies. The expansion into active strategies “marks… Read More

November 4, 2022 @ 8:09 am By Omar Faridi  |  

Money.net, a provider of leading data and analytics platforms, has selected Barchart, a global market data and technology leader, in order “to power their retail and professional products with streaming and historical market data.” Vincent Sangiovanni, CEO of Money.net, said: “Barchart and Money.net have had… Read More

November 4, 2022 @ 2:17 am By Omar Faridi  |  

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and other applicable provisions/ regulations, if any, Infibeam are pleased to inform that the Reserve Bank of India has granted In-Principle Authorization to operate as a Payment Aggregator under the… Read More

November 3, 2022 @ 10:48 pm By Omar Faridi  |  

METACO, the provider of digital asset management technology to complex, global financial institutions, announced that Union Bank of the Philippines (UnionBank), one of the largest universal banks in the Philippines, has “gone live on METACO’s flagship platform, Harmonize™, to pilot the launch of crypto services… Read More

November 3, 2022 @ 8:43 pm By Omar Faridi  |  

Paymob, the omnichannel payments facilitator in MENAP, embarked on the next phase of its regional expansion in the UAE market. This step marks “an important milestone in Paymob’s global growth plans, fueled by recent Series B funding led by PayPal Ventures.” Paymob plans “to make… Read More

November 3, 2022 @ 6:13 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) shares sank today after Q3 earnings failed to convince investors that all is good with the payments provider. PayPal apparently reported OK Q3 numbers, but the guidance worried shareholders. On the other hand, Block, formerly known as Square (NYSE:SQ), moved higher in after-hours… Read More

November 3, 2022 @ 5:37 pm By Omar Faridi  |  

InterPrice Technologies, Inc., a treasury capital markets funding platform, announced the closing of its Series A funding. The $7.3 million investment was ‘co-led by Nasdaq Ventures and DRW Venture Capital, with participation from existing investors including Bowery Capital.” InterPrice’s solutions “streamline bond, commercial paper, and… Read More

November 3, 2022 @ 5:33 pm By JD Alois  |  

Stripe has issued a statement that it has cut 14% of its workforce as the challenging economy of sky-high inflation, rising interest rates, and slowing business activity hits home. Stripe said they expect to return to their February headcount of 7000 employees. In a letter… Read More

November 3, 2022 @ 12:27 pm By Omar Faridi  |  

McAfee Corp., a global player in online protection, announced an exclusive partnership with Mastercard (NYSE: MA), a global technology company in the payments industry, “to offer Mastercard personal and small-medium size business cardholders access to online protection solutions.” In 2021, 83% of organizations “reported experiencing… Read More

November 3, 2022 @ 12:21 pm By JD Alois  |  

Senator Pat Toomey, the ranking member on the Senate Banking Committee, and Representative Patrick McHenry have co-authored a letter addressed to SEC Chairman Gary Gensler demanding answers regarding “mismanagement” of the Commission, which were highlighted in a recent report by the SEC’s Office of Inspector… Read More