August 9, 2022 @ 4:25 pm By JD Alois  |  

On August 2nd, 2022, the SEC’s Small Business Capital Formation Advisory Committee (SBCFAC) met to discuss secondary trading of crowdfunded securities. While most industry insiders believe that providing liquidity via a trading platform for private securities issued under certain exemptions makes a lot of sense,… Read More

August 9, 2022 @ 1:21 pm By Omar Faridi  |  

Aqua Global has been offering financial messaging solutions for more than 35 years, specializing in straight through processing for payments along with treasury and securities processing. Aqua’s newest suite Aquila has evolved from the successes/progress of its e2gen suite, but unlike e2gen, which was mainly… Read More

August 9, 2022 @ 12:09 pm By JD Alois  |  

Fortress Blockchain Technology has raised a $22.5 million seed round to pursue its vision for B2B infrastructure for Web3. Fortress Blockchain was founded by Scott Purcell, the individual who founded the successful custody and infrastructure Fintech – Prime Trust. The funding was led by Ayon… Read More

August 9, 2022 @ 11:48 am By JD Alois  |  

Starting next month, Dealmaker, an online investment platform, will seek to engage investors in the US and Canada to back firms raising capital that are based in the UK. Dealmaker claims that it is the “only platform now built for international capital market raises.” UK… Read More

August 9, 2022 @ 10:45 am By JD Alois  |  

Criticism from various corners of the political ring continues to lament the passing of the Inflation Reduction Act – legislation that even supporters are describing as a climate bill and not doing much to mitigate inflation. SBE Council President & CEO Karen Kerrigan has issued… Read More

August 9, 2022 @ 10:14 am By JD Alois  |  

Gregory Dwyer, a former head of business development at BitMEX, has pleaded guilty to a single charge of violating the Bank Secrecy Act, according to a report in WSJ.com. Dwyer was one of BitMEX’s first employees during a period of rapid growth for the crypto… Read More

August 9, 2022 @ 9:27 am By Omar Faridi  |  

Capify, the specialist SME lender, recently introduced a £40 million fund for UK-based small businesses in order to help with maintaining operations through challenging conditions. The fund has been established in response to growing concerns regarding access to finance from traditional lending platforms and the… Read More

August 9, 2022 @ 9:12 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), which claims to be the global leader in mission-critical, real-time payments software, recently announced an agreement with Japan’s central domestic payment network, Japan Card Network, Inc, CARDNET, in order “to modernize its digital payments infrastructure.” The agreement will “see ACI work… Read More

August 9, 2022 @ 8:44 am By Omar Faridi  |  

Old Street Digital (OSD) recently revealed that it has finalized a $2.8 million seed round that has reportedly been led by Draper Associates. OSD is focused on developing an institutional fund manager bringing the very best of active, fundamental research-driven portfolio management to crypto-assets. The… Read More

August 9, 2022 @ 8:38 am By Omar Faridi  |  

CIBC (TSX: CM) (NYSE: CM) recently entered a data access agreement with MX in order to improve the CIBC client experience via secure data sharing, offering customers a safe and intuitive way to share their financial details. The partnership with MX is indicative of CIBC’s… Read More

August 9, 2022 @ 7:08 am By Omar Faridi  |  

CubiCasa, a real estate software firm with head offices in Oulu, Finland, will now be providing a free floor plan option for its mobile floor plan scanning technology in the United States, “available on the App Store and Google Play Store.” Thanks to recent advances… Read More

August 9, 2022 @ 1:27 am By Omar Faridi  |  

Jarvo, which provides remote teams access to local workspaces in other people’s homes, has secured 179% (£359,332  ) of its £200,002 target from 313 investors (at the time of writing) through its crowdfunding campaign carried out via Seedrs (with 25 days left in the sale)…. Read More

August 9, 2022 @ 12:32 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – has successfully “closed the residential building project Mo Garden in Vilnius,” the capital of Lithuania. The real estate loan of EUR 1 million, “plus an interest rate of EUR 105 438 (total amount of EUR… Read More

August 8, 2022 @ 11:58 pm By Omar Faridi  |  

Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More

August 8, 2022 @ 10:50 pm By Omar Faridi  |  

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More

August 8, 2022 @ 9:56 pm By Omar Faridi  |  

Bitwage recently announced a “preferred” wallet partnership with Casa and Edge Wallet. On August 1st, news broke that they were partnering with Casa and Edge “as preferred wallet partners.” According to Bitwage, this means that users can now “download and access Casa or Edge as… Read More

August 8, 2022 @ 9:09 pm By Omar Faridi  |  

The Malaysian card payments market is “set to record a robust growth of 15.2% in 2022, supported by the gradual rise in consumer spending, government’s financial inclusion measures, and increasing preference for contactless payments,” forecasts GlobalData, a data and analytics company. According to GlobalData’s Payment… Read More

August 8, 2022 @ 7:59 pm By Omar Faridi  |  

  Last week, it was widely reported that Coinbase (NASDAQ:COIN) was selected by BlackRock “to provide Aladdin clients access to crypto trading and custody via Coinbase Prime.” Coinbase and BlackRock will “create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin.”… Read More

August 8, 2022 @ 6:47 pm By Omar Faridi  |  

The team at Gemini are pleased to announce support for a new set of crypto tokens. The following tokens are now available for trading on Gemini: Euler Finance (EUL) Project Galaxy (GAL) Samoyedcoin (SAMO) These tokens are “available for trading on [their] API/FIX and ActiveTrader… Read More

August 8, 2022 @ 5:09 pm By JD Alois  |  

Brickken has partnered with Hillstone Finance, Veritas, and Digital Gold Capital to expand its network to three new countries, according to a company release. Brikken is a company that was founded in Spain in 2020 that aims to leverage blockchain technology to tokenize or turn… Read More