May 2, 2022 @ 2:26 am By Omar Faridi  |  

Rockaway Blockchain Fund (RBF), which claims to be a leading European venture capital firm that invests in digital assets and infrastructure, has “highlighted that Web3 developer activity is accelerating globally, with Europe set to become a major hub.” Speaking ahead of the Gateway to Cosmos… Read More

May 2, 2022 @ 1:24 am By Omar Faridi  |  

Bolt Labs, which claims to be a “mission-driven” security and privacy startup, has announced a $9 million strategic partnership “with blockchain gaming company, Forte, a …provider of blockchain solutions for game publishers, to support its adoption of cryptographic technologies, including multi-party computation (MPC) and zero-knowledge… Read More

May 2, 2022 @ 12:23 am By Omar Faridi  |  

Radiflow, an Israeli OT cybersecurity startup, announced that it is being acquired in “a two-phase process by Sabanci Group, market leaders in the financial services, energy, and industrial sectors.” As mentioned in an update shared with CI, the initial phase entails “a $45 million primary… Read More

May 1, 2022 @ 11:25 pm By Omar Faridi  |  

Australia’s “most connected” account opening platform provider, LAB Group , is pleased to confirm that it has teamed up with Complii Fintech Solutions Ltd (ASX: CF1)  “to streamline digital onboarding for Complii’s clients.” Complii is an “innovative” ASX-listed fintech group which “specializes in SaaS-based technology… Read More

May 1, 2022 @ 10:51 pm By Omar Faridi  |  

After a “solid” first quarter of growth, DNA Payments, an independent vertically integrated payments provider, is pleased to confirm that it “achieved 100,000 card payment terminals and online points of sale in April.” This significant milestone for the Group comes after it “announced recent acquisitions… Read More

May 1, 2022 @ 9:22 pm By Omar Faridi  |  

Fireblocks, the provider of digital asset and crypto technology, recently announced that it has become the first platform to launch institutional DeFi access to Terra, “the second-largest decentralized finance (DeFi) protocol by total value locked (TVL).” Now, Fireblocks customers can “securely access all of the… Read More

May 1, 2022 @ 9:19 pm By Omar Faridi  |  

Square recently announced the launch of Square Loans in Canada, giving small businesses quick and simple “access to funds and eliminating another major pain point associated with running a business.” By using transaction data, Square Loans “proactively surfaces customized offers to eligible sellers, providing them… Read More

May 1, 2022 @ 6:29 pm By JD Alois  |  

Mükellef, a Turkish startup that is an end-to-end business startup solution, has raised $1 million at a $21 million valuation, according to a statement from the company. Investors, including Finberg, Oyak Portföy, Colendi, hiVC, and Agah Uğur. Okan Şafak, founder of Mükellef, said the funding… Read More

May 1, 2022 @ 6:18 pm By Omar Faridi  |  

ICICI Bank (BSE: ICICIBANK, NYSE:IBN) announced that it has introduced India’s “first” comprehensive digital ecosystem for all MSMEs in the country, “including customers of other banks.” The ecosystem “has three pillars: i) enhanced banking services for existing customers, ii) a bouquet of banking services to… Read More

May 1, 2022 @ 4:37 pm By Omar Faridi  |  

Ozone API, the developer of the standards-based software for open banking and open finance, has introduced a suite of solutions that “enable banks to move beyond compliance and convert their APIs into more strategic and commercial channels.” The enhancements to Ozone’s open API platform “give… Read More

May 1, 2022 @ 4:27 pm By JD Alois  |  

The Securities and Exchange Commission is currently pursuing new rules under the auspices of ESG: Environmental, Social, and Governance. In March of 2022, SEC Chairman Gary Gensler explained they were aiming to require disclosure for firms on issues such as climate impact. He explained: “The… Read More

May 1, 2022 @ 2:05 pm By Omar Faridi  |  

Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, has announced a partnership with MX Technologies, Inc., a key player in Open Finance. Together, KlariVis and MX will empower financial institutions “with new data-driven capabilities and financial insights to equip leaders… Read More

May 1, 2022 @ 12:35 pm By Omar Faridi  |  

Blockchain or distributed ledger tech (DLT) is “revolutionizing” the world just as the Internet did in its day, according to an update from Santander. The team at Banco Santander (NYSE: SAN) notes that “an increasing number of sectors see the enormous potential in this type… Read More

May 1, 2022 @ 12:32 pm By Omar Faridi  |  

Curve, the financial super app which helps customers with understanding and “mastering” their finances by bringing together debit, credit and loyalty cards into one, announced a partnership with Lewes Football Club. The partnership has been born out of the brands’ goals and objectives of empowerment…. Read More

April 30, 2022 @ 6:26 pm By JD Alois  |  

Crypto donations from around the world have aided both the Ukraine government as well as certain private firms like digital news sites covering the ongoing war with Russia. Crypto transfers can be low-cost and moved quickly (depending on the digital asset) and charitable transfers to… Read More

April 30, 2022 @ 5:48 pm By JD Alois  |  

  It was reported earlier this month that crypto startup Beanstalk was the target of an exploit that saw a theft of up to $180 million in value. Around the time of the Attack, the Bean team stated “We’re engaging all efforts to try to… Read More

April 30, 2022 @ 5:25 pm By Omar Faridi  |  

Plaid, an international open finance data network and payments platform, is announcing an expansion of its Payment Partner Ecosystem in order to include three European partnerships – Primer, UniPaas and NoFrixion. As a result, more vendors and merchants can “leverage open banking in order to… Read More

April 30, 2022 @ 4:38 pm By Omar Faridi  |  

London-based Regtech ALT/AVE  has announced key appointments “to its Advisory Board and a funding boost of more than half a million pounds.” Joining ALT/AVE CEO and founder Chris Ansara and Chair Phil Shelley on the newly created advisory board, “to help guide the company through… Read More

April 30, 2022 @ 4:37 pm By Omar Faridi  |  

  Western Union (NYSE: WU) announced that it is expanding its collaboration with the UK Post Office in order to offer retail cross-border fund transfers. This alliance is reportedly part of the firm’s continued enhancement of its omni-channel offering, “serving its customers across the full… Read More

April 30, 2022 @ 1:03 pm By Omar Faridi  |  

JS Bank, a leading commercial bank operating in Pakistan, has enhanced its Core Banking platform with assistance from IT firm NdcTech (as the implementation partner for the upgraded system). This deployment is a key part of JS Bank’s overall strategy to rebuild its tech and… Read More