September 9, 2022 @ 6:54 pm By Omar Faridi  |  

Qtum combines Bitcoin’s (BTC) security with Ethereum’s (ETH) programmability in one platform. One of the most innovative aspects of Qtum is that users can “enjoy both Bitcoin and Ethereum updates.” One of these new updates happens to Bitcoin’s Taproot. As explained in a blog post,… Read More

September 9, 2022 @ 6:37 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), which claims to be the global leader in mission-critical, real-time payments software, will enable GOLDPoint Systems, a loan management software provider, “to digitalize its bill payments and enhance the entire customer experience with seamless transaction flow.” The ACI Speedpay solution “serves… Read More

September 9, 2022 @ 6:08 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has created two new offices – one focused specifically on the digital asset or crypto-asset sector. According to the SEC, the Office of Crypto Assets has been added to the Division of Corporation Finance’s Disclosure Review Program (DRP). The… Read More

September 9, 2022 @ 5:56 pm By JD Alois  |  

Neighborhood Ventures is partnering with Small Change, a funding portal that specializes in real estate offerings issued under Reg CF. Neighborhood Ventures is an Arizona based investment platform that provides access to investment under Arizona’s state crowdfunding law. Under the state exemption, issuers may raise… Read More

September 9, 2022 @ 3:20 pm By Omar Faridi  |  

Lavu, a global restaurant software and payments solution provider built by restaurant people, and Up ‘n go, a contactless payments provider that powers QR code pay at the table solutions for restaurants nationwide, announced a partnership that integrates Up ‘n go’s pay at the table… Read More

September 9, 2022 @ 2:59 pm By Omar Faridi  |  

Drawbridge, a provider of cybersecurity software and solutions to the financial services industry, announced a growth investment from Francisco Partners, a global investment firm that “specializes in partnering with technology businesses.” Existing investor Long Ridge and Drawbridge’s leadership team will “remain significant equity holders in… Read More

September 9, 2022 @ 11:51 am By JD Alois  |  

Leading Asian bank DBS is entering the metaverse to demonstrate how the virtual realm may be utilized for good. In partnership with The Sandbox, a subsidiary of Aninoca Brands, DBS will launch DBS BetterWorld. DBS is a Singapore-based bank that operates in 18 different markets… Read More

September 9, 2022 @ 10:13 am By Omar Faridi  |  

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already “reached a multi-million user milestone that is expected to continue growing as BankID’s technology… Read More

September 9, 2022 @ 9:48 am By JD Alois  |  

Last month, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) applied sanctions to Tornado Cash, a crypto mixing platform. The second sanctions hitting a mixer, the enforcement action is still the first of its kind as the code running Tornado.cash was open… Read More

September 9, 2022 @ 9:09 am By JD Alois  |  

Huobi Group has received a license to operate a digital asset exchange in the British Virgin Islands (BVI). The approval came from the BVI Financial Services Commission (FSC) and was awarded to Huobi subsidiary Brtuomi Worldwide Limited (BWL). On April 16th, 2021, BWL was approved… Read More

September 9, 2022 @ 7:55 am By Omar Faridi  |  

In the past five years, consumers and businesses, small and large, have sent more than five billion Zelle payments, “totaling nearly $1.5 trillion,” according to Early Warning Services, LLC, the network operator of Zelle. Zelle users have “leveraged the convenience and security of Zelle to gift… Read More

September 9, 2022 @ 7:51 am By Omar Faridi  |  

FNZ, the global wealth management platform, announced that it has agreed to acquire DIAMOS AG, the specialized Wealthtech provider for the asset and wealth management industry, “to further enhance its global wealth management platform.” The acquisition will “strengthen FNZ’s global client proposition adding advanced product… Read More

September 9, 2022 @ 7:49 am By Omar Faridi  |  

Funding Circle, which claims to be the United Kingdom’s largest small business loan platform, has announced its results for the six months “ended 30 June 2022.” As noted in an update shared with CI, Funding Circle delivered “a financial performance ahead of expectations, finishing the… Read More

September 8, 2022 @ 11:31 pm By Omar Faridi  |  

IDF Eurasia, a lending company specializing in consumer loans, has reportedly introduced a new cashback campaign. For a limited time, users are able to “earn a cashback of up to 2% for investments in IDF Eurasia Notes.” For IDF Eurasia’s entity MFO FintechFinance LLP, you… Read More

September 8, 2022 @ 10:47 pm By Omar Faridi  |  

Prime Protocol is pleased to introduce support for Fuji, which is Avalanche’s testnet chain, in their upcoming testnet beta. Avalanche has reportedly “averaged over a million processed transactions per day in the last month.” Users will be able “to deposit funds from Fuji as well… Read More

September 8, 2022 @ 10:33 pm By Omar Faridi  |  

After July’s green candles, August 2022 resumed a downward trend for crypto-assets across the board, the team at Kraken noted in a new report. Bitcoin, Ethereum and the rest of the crypto market “saw negative returns for the month.” Prices of BTC (-14%) and ETH… Read More

September 8, 2022 @ 10:22 pm By Omar Faridi  |  

Investment platform PeerBerry reported that it will be listing CashXpress loans from the Philippines again. CashXpress will reportedly “offer double guaranteed 180 days term loans with a 12% ROI.” PeerBerry pointed out that you may review “the term and the loan type of CashXpress loans,… Read More

September 8, 2022 @ 5:58 pm By Omar Faridi  |  

Mesh Payments, the insight-driven finance automation platform, recently announced $60 million in new financing, “bringing the total amount raised to $123 million.” Alpha Wave leads the equity round “with participation from existing investors, including Tiger Global, TLV Partners, Entreé Capital, and Meron Capital.” The proceeds… Read More

September 8, 2022 @ 4:50 pm By JD Alois  |  

ShiftPixy (NASDAQ:PIXY) shares rocketed higher a whopping 176% today following the announcement it would trade its shares on digital securities platform Upstream (by MERJ) along with spinning out ShiftPixy Labs as its own company. While shares dipped slightly in after-hours trading, ShiftPixy started the day… Read More

September 8, 2022 @ 3:49 pm By Steve Loader  |  

Just 14 of the last 97 recently launched IPOs saw a share price improvement between their first-day trading price and the end of August 2022. The remaining 83 suffered a decrease, according to data published by IPOScoop. The figures could indicate the real growth potential… Read More