June 25, 2022 @ 12:38 pm By Omar Faridi  |  

TS Imagine, which claims to be a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, in order “to offer institutional clients a fully regulated path to trade cryptocurrencies.” TS… Read More

June 25, 2022 @ 11:28 am By JD Alois  |  

PSD2 or the European Payment Services Directive 2, has been in force since 2016 but payment services providers had until 2018 to adhere to the rules. The EU directive requires providers to incorporate heightened authentication features as well as taking aim at APIs that may… Read More

June 25, 2022 @ 11:17 am By Omar Faridi  |  

The Hokodo team is pleased to announce a Series B fundraise of $40 million that will help them to fulfil their ambition of “enabling 1 million businesses to access a better way to pay by 2025.” As businesses continue to feel the economic impact of… Read More

June 25, 2022 @ 10:24 am By Omar Faridi  |  

Klarna, a digital bank, payments, and credit provider, announced the launch of its new Loyalty Card feature in the Klarna App. This allows app users “to store and access their physical loyalty cards as digital versions.” They can then “collect all points and benefits at… Read More

June 25, 2022 @ 10:21 am By Omar Faridi  |  

Sardine, the behavior-based fraud, compliance and payments platform, announced Simon Taylor as its Head of Content & Strategy. The appointment has been made after Sardine achieved its milestone of acquiring over 100 customers. Sardine aims to transform how companies “move money and fight fraud through… Read More

June 24, 2022 @ 10:33 pm By Omar Faridi  |  

SDX Web3 Services,  the new service portfolio from SIX Digital Exchange (SDX),  is a range of offerings for institutional clients. SDX Web3 Services will aim to support the secure adoption by financial institutions of the next iteration of the World Wide Web, one that’s based… Read More

June 24, 2022 @ 4:25 pm By Omar Faridi  |  

CoinLoan, which claims to be the only EU-licensed provider of crypto-loan products, has announced a partnership with Elliptic, the global “leader” in crypto-asset risk management. As adoption and investment into crypto continues to increase, “so does the risk of cybercrime.” The range of crypto-assets and… Read More

June 24, 2022 @ 3:25 pm By JD Alois  |  

Hex Trust, Hong Kong-based digital asset custody provider providing services across Asia, has gained provisional approval for a Virtual Asset MVP license in Dubai. According to a statement by Hex Trust, the Government of Dubai’s Virtual Assets Regulatory Authority (VARA) has approved it to operate… Read More

June 24, 2022 @ 2:37 pm By Omar Faridi  |  

Tell.money, the Fintech solution that provides innovative and “rapidly” deployable open banking services for banks and other account providers, has teamed up with Toqio, the Fintech SaaS platform that “enables organizations to build and launch fintech propositions.” Addressing Toqio’s PSD2 (Payment Service Directive Two) requirement… Read More

June 24, 2022 @ 2:35 pm By Omar Faridi  |  

The Harmony team has identified a theft taking place this morning (June 24, 2022) on the Horizon bridge amounting to approximately $100 million. 3/ Note this does not impact the trustless BTC bridge; its funds and assets stored on decentralized vaults are safe at this… Read More

June 24, 2022 @ 1:17 pm By Omar Faridi  |  

Global Fintech SumUp, the financial partner for over 4 million small businesses worldwide, has raised a €590 million funding round that gives the company “an enterprise value of €8 billion following a decade of rapid growth and global expansion.” The investment round was led by… Read More

June 24, 2022 @ 12:04 pm By Omar Faridi  |  

Digital asset brokerage firm Voyager Digital Ltd. (TSX: VOYG) is reportedly limiting client withdrawals via its platform to $10,000 and to 20 transfers during a 24-hour timeframe. The New York-headquartered company, which secured $485 million in loans during the last week from Alameda Research in… Read More

June 24, 2022 @ 12:01 pm By JD Alois  |  

FTX, a fast-growing crypto exchange operated by Sam Bankman-Fried, may purchase an equity stake in BlockFi, one of the most successful digital asset companies in the US. BlockFi offers both trading in crypto as well as complementary services such as a wallet, credit cards, crypto… Read More

June 24, 2022 @ 11:43 am By Omar Faridi  |  

eBay Inc. (Nasdaq: EBAY), a global commerce platform that connects millions of sellers and buyers around the world, and KnownOrigin, one of the most “innovative” non-fungible token (NFT) marketplaces, today announced that eBay “has acquired KnownOrigin.” KnownOrigin’s technology and platform “provides artists a place to… Read More

June 24, 2022 @ 10:57 am By JD Alois  |  

While Miami has long been known for white sandy beaches and awesome weather, in recent years Miami has emerged as a crypto-haven with many blockchain startups and early-stage ventures setting up shop in the Southeast Florida location. But it is not just blockchain firms and… Read More

June 24, 2022 @ 10:37 am By Omar Faridi  |  

Banking Circle, the tech-led B2B payments bank, has further simplified B2B payments by adding Dynamic Sender Name to the suite of solutions “available to payments businesses.” Delivering a consultative approach to ensure Payments businesses have access to the best payment solution for each customer use… Read More

June 24, 2022 @ 9:54 am By Omar Faridi  |  

  Fintech firm Northmill, which has the vision to improve financial life, launches Apple Pay for all its card users. It gives users “a safe and simple way to pay with iPhone and Apple Watch.” Northmill has also “introduced an account and a card –… Read More

June 24, 2022 @ 8:33 am By Omar Faridi  |  

As You Sow, a non-profit in shareholder advocacy and Tulipshare, a UK-based activist retail investment platform, recently announced a partnership “to empower retail investors globally to use their shareholder power in support of resolutions on climate, racial justice, and other pressing issues this proxy season.”… Read More

June 24, 2022 @ 8:31 am By Omar Faridi  |  

This month, Funding Circle, one of the UK’s largest small business loan platforms, has refreshed its ‘Money To Do More’ scheme “with enhanced benefits for Funding Circle employees, known as Circlers.” The company has “set aside £300k this year, with each of Funding Circle’s 600… Read More

June 24, 2022 @ 8:27 am By Omar Faridi  |  

The Payment Systems Regulator (PSR) in the UK has set out its plans showing how it proposes “to carry out two market reviews focusing on card fees.” As noted in the update from PSR, one “looks at scheme and processing fees, and the other at… Read More