April 25, 2022 @ 4:28 pm By Omar Faridi  |  

Multiverse Computing, which claims to be an international leader in quantum computing solutions for the financial industry and beyond, recently announced the appointment of Karina Robinson as Senior Advisor. As noted in an update shared with CI, Robinson joins Multiverse with more than 10 years… Read More

April 25, 2022 @ 4:25 pm By JD Alois  |  

Stripe, the global payments platform, is partnering with Twitter to enable payments with cryptocurrency. In a blog post on Friday, Stripe said they are introducing crypto payouts for Connect. Stripe Connect is a set of programmable APIs and tools that allow a user to build… Read More

April 25, 2022 @ 4:15 pm By Omar Faridi  |  

21Shares AG, which claims to be the world’s largest issuer of cryptocurrency ETPs, recently announced the appointment of Karan Chawla as VP of Product in order “to drive the firm’s growth amid historic demand and institutional adoption of digital assets.” In his new leadership role,… Read More

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

Twitter, Inc. (NYSE:TWTR) has agreed to be acquired by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion, according to a statement by the company. The news ended several weeks of posturing by both sides following the news… Read More

April 25, 2022 @ 2:56 pm By Omar Faridi  |  

Capitolis, the tech company reimagining capital markets, recently announced that it has grown its employee base by 50% “versus the same period last year as the company continues growing and scaling the business to meet customer demands and ongoing opportunities to innovate.” The investment in… Read More

April 25, 2022 @ 11:54 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) says it will “examine” nonbank firms that “pose risks to consumers.” The CFPB states that it is “invoking a largely unused legal provision” to pursue these investigations. While the Bureau states that it will examine these firms it has… Read More

April 25, 2022 @ 10:37 am By Omar Faridi  |  

LHV Group will reportedly be making an investment worth €1 million in the Estonian financial tech company Modular Technologies OÜ, trademark ‘Tuum’. The firm is developing a new generation banking platform that “offers the core system also to LHV UK Limited, a subsidiary of LHV… Read More

April 25, 2022 @ 9:56 am By JD Alois  |  

‘Winning with Fintech’ The Confederation of British Industry (CBI) has called out Fintech as a key opportunity for the UK economy. In a speech today, CBI President Lord Bilimoria announced a new campaign to encourage more people to utilize Fintech and help boost the future… Read More

April 25, 2022 @ 9:18 am By JD Alois  |  

Digital asset marketplace Zipmex has announced a new partnership with the National Rugby League, A-League and community sports teams in Australia. The goal is to broaden exposure and understanding of crypto markets. The partnership includes professional teams Penrith Panthers Rugby League Football Club and Central… Read More

April 25, 2022 @ 9:07 am By JD Alois  |  

Nexio, a payments Fintech, has revealed a partnership with Chargebacks911 – a dispute technology specialist. Nexio points to research that indicates that every $1 in chargebacks costs a merchant $2.86. In addition to the liability and reputational threat imposed on merchants, chargebacks also bring expensive… Read More

April 25, 2022 @ 8:39 am By JD Alois  |  

Blockchain.com will utilize Standard Custody & Trust Company, LLC to provide custody and settlement of digital assets, according to a company statement. Standard Custody & Trust Company is an institutional-grade custody, trading, and settlement platform for digital assets. Blockchain.com provides trading in digital assets for… Read More

April 25, 2022 @ 7:58 am By Omar Faridi  |  

Pindrop, which claims to be an international leader in voice tech, recently shared its annual Voice Intelligence & Security Report “uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass authentication.” As noted in… Read More

April 25, 2022 @ 7:57 am By Omar Faridi  |  

SALT and Cion Digital recently announced a strategic partnership “to bring SALT’s crypto-lending solutions to 5,000+ auto dealerships in the US.” The announcement marks “the launch of SALT’s Embedded Crypto Lending Service, which will enable financial service providers and fintech platforms to rapidly deploy crypto… Read More

April 25, 2022 @ 12:42 am By Omar Faridi  |  

Every banking platform has an “important” duty to combat financial crime, and N26 claims that it is “no different.” As a fully-regulated bank, this is “not just a responsibility, but a legal requirement for [them] to do so,” the N26 team noted in a blog… Read More

April 24, 2022 @ 11:38 pm By Omar Faridi  |  

Britannia Financial Group, a global financial services group with head offices in London, is pleased to confirm the acquisition of Alphaplate Ltd, a proprietary tech firm “specializing in cryptocurrency trading.” Alphaplate was established in 2017 and is “a systematic, quantitative market-maker predominately on top tier… Read More

April 24, 2022 @ 10:41 pm By Omar Faridi  |  

A report by Huobi Research Institute has noted that the future development of on-chain cryptocurrency perpetual contracts is constrained “by the performance of their underlying public chains, with a breakthrough in the latter needed for the former to thrive.” The report from Huobi, titled “On-chain… Read More

April 24, 2022 @ 9:36 pm By Omar Faridi  |  

The UAE Trade Connect (UTC) is pleased to confirm that the Abu Dhabi Commercial Bank (ADCB) has joined its consortium of UAE banks “utilizing its blockchain platform to help de-risk trade finance.” UTC is the Fintech blockchain platform of e& enterprises, from e& (formerly known… Read More

April 24, 2022 @ 9:33 pm By JD Alois  |  

StartEngine has branched out from simply listing securities in early-stage ventures to things like collectibles such as wine or artwork. StartEngine has started to offer investments in non-traditional assets that may provide a hedge against heightened volatility in other sectors. Recently, StartEngine listed an investment… Read More

April 24, 2022 @ 9:22 pm By JD Alois  |  

WeOwn has announced new cross-chain asset interoperability. WeOwn is a blockchain technology provider that targets the lending and equity capital space. Among other services, it aims to allow firms to raise capital via a digital securities or securities token offering. WeOwn is based in Munich,… Read More

April 24, 2022 @ 9:10 pm By Omar Faridi  |  

Chargebee, the subscription management platform, recently revealed it has teamed up with Razorpay, India’s full-stack financial solutions firm, in order to provide subscription billing services across the country. The collaboration confirms Chargebee’s ongoing commitment to customer growth and globalization with expanded capabilities to address complex… Read More