March 9, 2022 @ 7:00 am By JD Alois  |  

Marqeta (NASDAQ: MQ) has announced that Citi Commercial Cards (NYSE:C) has selected its tokenization-as-a-service offering to facilitate the provisioning of cards into mobile wallets. Marqeta is a digital/physical card issuing platform that integrates with digital wallets enabling additional features and services. In recent years, virtual… Read More

March 8, 2022 @ 11:18 pm By Omar Faridi  |  

Business Finance Market (BFM), a Fintech established by the businessman behind two UK-based banking challengers Craig Iley recently acquired £1.3 million in capital via a seed round. BFM, which maintains offices in Newton Aycliffe in County Durham, is planning to enhance the process bringing lenders… Read More

March 8, 2022 @ 9:43 pm By Tony Zerucha  |  

ComplyAdvantage, a global data technology company providing financial crime detection through embedded risk intelligence, today announced that Fireblocks, a platform that empowers traditional institutions to enter the digital asset space, has partnered to provide anti-money laundering Customer Screening and Monitoring to its customers with the addition of Transaction Risk Management for… Read More

March 8, 2022 @ 9:38 pm By Tony Zerucha  |  

Immutable, a carbon-neutral, scalable platform for trading NFTs on Ethereum, this week announced it secured $200 million in Series C financing led by Temasek, with investments from Animoca Brands and Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also… Read More

March 8, 2022 @ 8:40 pm By Omar Faridi  |  

Optiver Principal Strategic Investments (PSI) confirmed, earlier last month, that it took part in the Series A funding round for Paradigm, a trading platform for cryptocurrency options and futures. New York-based Paradigm is focused on supporting institutional-level liquidity for cryptocurrency derivatives through their chat-based multi-dealer… Read More

March 8, 2022 @ 8:05 pm By Omar Faridi  |  

Bit.com, the “high-performance” digital currency exchange, will be partnering with TON (The Open Network) to form a “strategic” partnership to “develop, enhance and expand the TON Ecosystem.” The platform will be “utilizing its trusted security partner, Cactus Custody, to support TON’s native token custody by… Read More

March 8, 2022 @ 7:35 pm By Tony Zerucha  |  

Crypto platform Wirex has partnered with DEX aggregator Paraswap, the companies announced today. Using Paraswap’s price algorithm, Wirex Wallet users will now be able to exchange multiple tokens, saving users large amounts of money and effort. The Paraswap integration will enable users to swap their… Read More

March 8, 2022 @ 6:31 pm By Tony Zerucha  |  

FBH, and its fully owned subsidiary Moonstone Bank, today announced that it has raised $11.5 million in a private placement from an investment by Alameda Research Ventures. The two entities have committed to making traditional financial systems work for innovative small to medium-sized enterprises that are underserved… Read More

March 8, 2022 @ 5:31 pm By Omar Faridi  |  

Resonate (RESO), a “decentralized” social NFT platform that is centered on enabling users to have a decentralized AI-enhanced, “trusted” social experience “free from all forms of malicious, untrustworthy sources and actors” is set to launch on Fetch.ai. The first version of the platform “enables users… Read More

March 8, 2022 @ 5:24 pm By Omar Faridi  |  

The team at Capchase asks if you have been looking into more alternative financing firms and if so, then you are not alone. This, as the financing market is evolving “to include players beyond traditional banks.” At Capchase, they receive many questions about alternative financing… Read More

March 8, 2022 @ 4:09 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has published a blog post on how it uses technology to adhere to sanctions compliance. The post follows the many economic sanctions that have been applied to Russia, and Belarus, following the unprovoked invasion of Ukraine. Coinbase notes that it has blocked over… Read More

March 8, 2022 @ 3:52 pm By Omar Faridi  |  

Epicor, a global firm focused on industry-specific enterprise software to support business growth, recently revealed that it acquired Grow Inc., a no-code, full-stack business intelligence platform that empowers users – “from the boardroom to the plant floor, warehouse, or store – to make data-driven decisions… Read More

March 8, 2022 @ 3:50 pm By JD Alois  |  

Planning to launch first in Miami, and then other cities around the world, ArkHAUS – a floating lifestyle club – is raising money on Republic. According to the offering page, ArkHAUS is seeking up to $1.07 million in a CrowdSAFE offering. The SAFE is separated… Read More

March 8, 2022 @ 3:29 pm By Omar Faridi  |  

Former Ukrainian boxer Wladimir Klitschko and artist WhIsBe have teamed up to launch NFTs in support of Ukraine “amidst an unprecedented crisis in the country, NFT creative agency Metacurio announced.” All proceeds will reportedly “go to Red Cross Ukraine and UNICEF, ensuring that funds from… Read More

March 8, 2022 @ 3:28 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has charged Dwayne Golden of Florida, Jatin Patel of India, Marquis Egerton of North Carolina, and Gregory Aggesen of New York with fraud for operating a Ponzi scam involving Bitcoin. According to the CFTC, the four individuals fraudulently solicited more… Read More

March 8, 2022 @ 3:13 pm By Omar Faridi  |  

Banking institutions appear to be ignoring the problem of fraudulent activities allegedly being carried out via Zelle, a new report reveals, with large financial service providers that founded the service not really caring or concerned about issues with the digital payments platform. Zelle has quickly… Read More

March 8, 2022 @ 3:11 pm By Tony Zerucha  |  

Cars.com, a digital automotive marketplace platform, has activated its new turn-key digital financing technology powered by CreditIQ. According to a recent CARS survey, 76 per cent of in-market shoppers plan on completing all the paperwork and financing online. Likewise, 66 per cent of dealers prefer… Read More

March 8, 2022 @ 3:08 pm By Tony Zerucha  |  

Sandbox Banking, a BaaS infrastructure company, and Upstart, an artificial intelligence lending platform, today announced a partnership that will enable Upstart to help its bank and credit union partners to more efficiently integrate Upstart loan and borrower data into their core and customer relationship management… Read More

March 8, 2022 @ 3:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced fraud charges against John and JonAtina (Tina) Barksdale – a brother and sister team that allegedly pursued two fraudulent digital token offerings that garnered $124 million from retail investors. In a parallel action, the U.S. Attorney’s Office… Read More

March 8, 2022 @ 2:41 pm By Tony Zerucha  |  

Nine per cent of smartphone users in the United Kingdom, as many as 5.7 million people, have fallen victim to identity fraud in the last 12 months, according to research by digital identity firm GBG. GBG’s State of Digital Identity Report 2022 reveals young adults aged… Read More