June 2, 2022 @ 10:31 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s “leading” open banking platform, and Thunes, a Singapore-based fintech company and a “leader” in global cross-border payments, recently announced their partnership “to streamline and improve the payment experience of consumers in the UK and Europe.” Thunes is building “a… Read More

June 2, 2022 @ 10:30 am By Omar Faridi  |  

AccuWeather, which claims to be the world’s “most accurate” and “most used” weather source, recently launched its AccuWeather API “in collaboration” with API3, a first-party blockchain oracle solution, providing a Web3 wrapper that enables Web API providers to offer AccuWeather’s weather data “directly on-chain.” The… Read More

June 2, 2022 @ 10:25 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) is reporting that the Securities and Exchange Commission (SEC) has approved the Securities Financing Transaction (SFT) Clearing Service proposal of the National Securities Clearing Corporation (NSCC), the equity clearing subsidiary of DTCC, to operate a central clearing and… Read More

June 2, 2022 @ 9:16 am By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a partnership that “makes Affirm’s Adaptive Checkout available to Stripe users in the U.S. today.” Adaptive Checkout uses Affirm’s smart decision engine “to… Read More

June 2, 2022 @ 8:14 am By Omar Faridi  |  

First Internet Bank recently announced that it has “raised its minimum hourly wage for full-time employees to $20.00.” The move is in response “to rising inflationary economic trends and reflects the Bank’s overall commitment to attracting and retaining talented employees.” Nicole Lorch, President and Chief… Read More

June 2, 2022 @ 7:47 am By Omar Faridi  |  

The Cosmos Builders Foundation has reportedly introduced its federation of crypto-native organizations “collaborating toward a more vibrant, egalitarian, and resilient Interchain economy.” In coordination with the Interchain Foundation, the Cosmos Builders Foundation is focused on “supporting the maintenance and development of infrastructural public goods for… Read More

June 2, 2022 @ 7:12 am By JD Alois  |  

Cloudwall Capital has raised $6.3 million in funding from LocalGlobe and Illuminate Financial to build out crypto risk tools for institutional customers. Other investors include IA Capital Partners, Eberg Capital, and NEMO Ventures, along with angel investors from decentralized and traditional finance. Launched in 2021,… Read More

June 2, 2022 @ 6:56 am By JD Alois  |  

Mercari Derivatives Exchange, a regulated Australian derivatives exchange market operator, has selected Switzerland-based METACO to provide digital asset custody technology. In a company statement, Mercari noted that it is deploying its technology on IBM Cloud leveraging the capabilities of IBM’s digital asset infrastructure. This past… Read More

June 2, 2022 @ 6:46 am By Omar Faridi  |  

Nexi S.p.A. reveals that it has committed to a long-term strategic partnership with BPER Banca S.p.A. and Banco di Sardegna S.p.A. by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A. As noted in the update, Nexi intends… Read More

June 2, 2022 @ 1:10 am By Omar Faridi  |  

Trustly, the international payments platform for digital Account-to-Account transactions (A2A), has announced the acquisition of the UK-headquartered Open Banking Payments platform Ecospend. Ecospend’s UK A2A product and full bank connectivity will complement and “enable Trustly to deliver a … product in the UK, and further… Read More

June 2, 2022 @ 1:07 am By Omar Faridi  |  

Visa (NYSE: V), a “world leader” in digital payments, announced that it is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform “with the power of digital payments.” The first step in this collaboration “is the launch of the… Read More

June 1, 2022 @ 11:47 pm By Omar Faridi  |  

GCash, a Philippines based mobile wallet that’s operated by Mynt under Globe’s corporate venture builder 917Ventures, recently revealed that it now has more than 60 million registered users and over 5 million merchants across the country. As noted in the update, GCash stated that that… Read More

June 1, 2022 @ 11:06 pm By Omar Faridi  |  

Regtech firm Tintra PLC has revealed plans to acquire banking licenses across four continents, in order to enable it to operate to the “highest” regulatory standards as it aims to enhance the global financial market. Focused on building a socially and “fiscally inclusive” banking platform… Read More

June 1, 2022 @ 10:03 pm By Omar Faridi  |  

Waves Enterprise, a hybrid blockchain platform combining public and private chains, has announced its intention “to move to a decentralized governance model and open-source its entire codebase.” The Waves Enterprise stack and further development of WE ecosystem “will be managed not by a group of… Read More

June 1, 2022 @ 10:00 pm By Omar Faridi  |  

We recently connected with Craig Blitz, Chief Product Officer at Digital Asset, which is building the platform, developer tools, and leveraging the best modern infrastructure providers “to change how businesses interact.” Digital Asset (the company) is the creator of the Daml multi-party application platform. Our… Read More

June 1, 2022 @ 7:33 pm By JD Alois  |  

  HyperPay, a payments provider located in Saudi Arabia but providing services across the MENA region, has raised $40 million (SAR 138M) in a funding round led by Mastercard (NYSE: MA) with the participation of Amwal Capital Partners and AB Ventures. Along with the investment… Read More

June 1, 2022 @ 4:40 pm By JD Alois  |  

Prime Trust, a platform that enables both digital and traditional assets including custody, has gained a SOC 2 Type 2 certification for managing customer data, according to a company statement. David Pigott, Prime Trust Chief Security & Risk Officer, said the new certification is further… Read More

June 1, 2022 @ 3:57 pm By Omar Faridi  |  

Pagaya, a global, data-driven financial technology company reshaping the future of finance, has announced Ashok Vaswani as its President. This additional key hire “is a pivotal next step to continue the company’s recent growth and expected ascent to becoming a publicly traded company in June.”… Read More

June 1, 2022 @ 3:54 pm By Omar Faridi  |  

Koen Köppen has reportedly joined Mollie as their new chief technology officer (CTO) to support their expansion into “world-class” financial services. Koen joins after “spending more than a decade at Klarna, where he held several leadership positions before being named the Swedish fintech’s CTO almost… Read More

June 1, 2022 @ 11:56 am By Omar Faridi  |  

KuCoin, which claims to be a “leading” global cryptocurrency trading platform, has launched its “brand-new” decentralized product — KuCoin Wallet, with its website “going live for users to access the service starting June 1st.” The official app of KuCoin Wallet is also expected “to launch… Read More