October 7, 2022 @ 5:49 pm By Omar Faridi  |  

Visa Canada and TD Securities announced an innovative collaboration as TD becomes the first Canadian financial institution “to join Visa B2B Connect, a cross-border business-to-business (B2B) payments network, enabling account to account, international payments quickly, securely, and with predictability.” According to Visa (NYSE: V) research,… Read More

October 7, 2022 @ 5:29 pm By Omar Faridi  |  

Aleph.im, the Web3 cloud platform for computing services, file storage and indexing solutions, announced the launch of their open source and “decentralized” indexing solution for the Solana ecosystem, in order “to accelerate the development of decentralized applications through accessible data queries and integrations.” As the… Read More

October 7, 2022 @ 5:22 pm By JD Alois  |  

Mozzeno, a peer-to-peer lending platform based in Belgium, has surpassed €100 million in individual loans, according to a blog post. Mozzeno raised €465,000 in pre-seed funding in 2016 and went on to originate its first loan the following year. Mozzeno celebrated its 5-year anniversary in… Read More

October 7, 2022 @ 4:49 pm By JD Alois  |  

Monthly non-farm payrolls came in hot today, alongside a robust employment report, causing markets to swoon as the likelihood of a Fed pause diminishes. Everyone now believes that the Fed will continue its path to curb-stomp inflation after a too-long period where the central bank… Read More

October 7, 2022 @ 4:15 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has re-opened the commenting period due to a “technological error,” according to a statement by the regulator. Historically, when the Commission proposes new rules, there is a period of time where individuals and entities may comment as to how… Read More

October 7, 2022 @ 3:51 pm By Omar Faridi  |  

Axway (Euronext: AXW.PA), a provider of open banking built on the Amplify API management platform, is pleased to announce its partnership with Blanc Labs, a “trusted” financial service and healthcare innovation partner. While the largest banks are already well along their digital journey, many others… Read More

October 7, 2022 @ 3:07 pm By Omar Faridi  |  

U.S. Bank has announced a new innovative offering “to meet small business owners’ desire for a better line of sight into their future cash flow.” A new online banking tool will “enable the bank’s small business clients to see a 90-day forecast of their cash… Read More

October 7, 2022 @ 2:27 pm By Omar Faridi  |  

Merrill Wealth Management launched Merrill Advisor Match, a research-based, digital platform that “connects people seeking financial advice with a Merrill financial advisor who best fits their preferences and needs.” Data shows there is “a need for a modern approach for finding an advisor.” A third… Read More

October 7, 2022 @ 1:13 pm By Omar Faridi  |  

bolttech, the Singapore-based international insurtech, announced it has completed the acquisition of a majority shareholding in PT Axle Asia, “an established insurance broker in Indonesia.” Axle Asia will “become a subsidiary of bolttech and be subsequently rebranded.” The addition of Axle Asia will “accelerate the… Read More

October 7, 2022 @ 12:41 pm By JD Alois  |  

Security token platform Tokeny has announced a partnership with Assetera, a regulated digital asset exchange. Tokeny is the leading digital securities platform in Europe that provides the ecosystem for issuers to leverage blockchain technology. Assetera is licensed and supervised by the Austrian FMA to provide… Read More

October 7, 2022 @ 12:24 pm By JD Alois  |  

Sanctions continue to tighten on Russia as the war drags on with the Ukrainians rapidly regaining their territory. Russia recently held sham elections in several provinces in an attempt to show that inhabitants want to be a part of Russia. While President Putin said he… Read More

October 7, 2022 @ 9:44 am By JD Alois  |  

Late yesterday, BNB Chain – part of Binance, announced that they were temporarily halting BSC or BNB Smart Chain, following “irregular activity” which was later described as a “potential exploit.” The price of BNB dropped on the news. The thread was updated to indicate that… Read More

October 7, 2022 @ 9:10 am By JD Alois  |  

Spreds has become the first investment crowdfunding platform in Belgium to be approved under ECSPR [European Crowdfunding Service Providers Regulation] to provide pan-European crowdfunding. Spreds, founded in 2011, is authorised by the Belgian financial regulator FSMA. In late 2021, the European Union approved new pan-European… Read More

October 7, 2022 @ 8:26 am By JD Alois  |  

As initial public offerings (IPO) sink due to a one-two punch of a challenging market and the never-ending onslaught of additional regulations foisted upon issuers, the SEC’s Small Business Capital Formation Committee has scheduled a meeting to discuss IPOs as well as entrepreneurship hubs. The… Read More

October 7, 2022 @ 7:52 am By Omar Faridi  |  

Aryza, which claims to be the expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has announced a partnership with Validis, an open accounting platform, in order “to develop an open finance solution that will help business lenders obtain better… Read More

October 7, 2022 @ 7:47 am By Omar Faridi  |  

PKO Bank Polski says the Metaverse initiative will be used as a laboratory “to broaden experience and to test relevant technological solutions.” According to Paweł Gruza, vice president of the management board of PKO Bank Polski managing the work of the management board, in the… Read More

October 6, 2022 @ 10:40 pm By Omar Faridi  |  

British teenagers say they go online for help “on everything from hair hacks to video game tips, with one in three (33%) preferring to seek advice on the web to avoid the ‘awkwardness’ of asking someone face to face.” The Lloyds Bank research – which… Read More

October 6, 2022 @ 8:42 pm By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global player in the evolution of digital P2P payments, and Jingle Pay, a financial super-app based in the United Arab Emirates (UAE), announced a partnership “to enable convenient and fast global money transfers through the Jingle Pay app.” Consumers… Read More

October 6, 2022 @ 8:30 pm By Omar Faridi  |  

Hong Kong Exchange & Clearing Limited (HKEX) is pleased to announce that Mr. Mark Carr has “joined the Group as Managing Director and Chief Enterprise Architect.” In his new role, Mr. Carr will “help ensure HKEX’s vision to build the Marketplace of the Future is… Read More

October 6, 2022 @ 6:43 pm By Omar Faridi  |  

RBC announced it has acquired MDBilling.ca, a cloud-based platform that automates and simplifies medical billing for Canadian physicians. The company joins Dr.Bill at RBC, another medical billing company “acquired by the bank in 2020.” Founded in 2008, Toronto-based MDBilling.ca’s product offering is “rooted in its… Read More