December 14, 2021 @ 3:29 pm By Tony Zerucha  |  

Stere, a digital ecosystem catering to managing general agents and insurance companies, this week announced the closure of its seed funding round. The $2 million round is led by Fin VC, with participation from Plug and Play Ventures, Sandalphon Capital and Hartford Investment Management Company…. Read More

December 14, 2021 @ 1:57 pm By Omar Faridi  |  

In an attempt to improve the movie industry, NFT Community Arabian Camels and Swapp Protocol have introduced the “Antara Movie NFT,” which allows buyers to hold as much as 50% Intellectual Property rights to “Antara,” a $50M feature film based on the life of Arabian… Read More

December 14, 2021 @ 1:20 pm By Tony Zerucha  |  

A new report by payments platform Vyne suggests 40 per cent of shoppers are ditching websites with poor payments processes. Retail payments reinvented: how consumer demand is changing explores online payments preferences of 2,002 British consumers surveyed by Vyne following a 43 per cent rise… Read More

December 14, 2021 @ 1:08 pm By JD Alois  |  

SupraFin, a platform that offers professional quality crypto investing services, has now launched an Android app to complement its already released Apple version. SupraFin is a Wealthtech platform for cryptocurrencies founded by financial services industry professionals with more than 20 years of experience in cryptocurrencies,… Read More

December 14, 2021 @ 12:17 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), via its subsidiary Simplex, is introducing branded Visa debit cards for its partners across the European Economic Area and United Kingdom, “following a partnership with Visa.” Having provided crypto-friendly debit cards to blockchain finance ecosystem COTI in recent months,… Read More

December 14, 2021 @ 10:59 am By JD Alois  |  

Bitfinex is reporting that it has recovered 6.51458211 Bitcoin from a hack that took place over 5 years ago in 2016. Bitfinex states that this recover was completed in partnership with Poloniex, another digital asset marketplace. Bitfinex states: “Recovery Right Token (RRT) holders will have… Read More

December 14, 2021 @ 10:39 am By JD Alois  |  

The Sao Paolo Stock Exchange, B3, is expected to launch cryptocurrency investment options in 2022 according to multiple reports. The news was revealed during a presentation by B3 President Gilson Finkelsztain.   🔎 O presidente da B3, Gilson Finkelsztain, durante o B3 Day afirmou que… Read More

December 14, 2021 @ 9:24 am By JD Alois  |  

Payments provider Wirex has announced a non-custodial digital Wallet. In a release, Wirex said that it believes their cross-chain, keyless, Wallet will “finally break down the barriers to mainstream adoption.” Wirex said the wallet is available now on the App stores. The Wirex wallet will… Read More

December 14, 2021 @ 9:11 am By JD Alois  |  

Elon Musk is once again impacting crypto markets with a Tweet. Musk indicated that Tesla may be testing Dogecoin as an accepted currency for some “merch.”   Tesla will make some merch buyable with Doge & see how it goes — Elon Musk (@elonmusk) December… Read More

December 14, 2021 @ 9:00 am By Tony Zerucha  |  

The HBAR Foundation and MetaVRse, a web-based, low-code 3D creation platform, today announced a partnership to build Metaverse solutions for the world’s largest organizations on the Hedera Network. The creation of the Metaverse will require tools that are easy to use and accessible, and MetaVRse… Read More

December 14, 2021 @ 8:59 am By Omar Faridi  |  

British bank NatWest has reportedly been fined £264.8 million (appr. $354.30 million) on Monday (December 14, 2021) for failing to comply with appropriate money laundering regulations in a case that marked the first time that the United Kingdom’s financial regulators pursued criminal charges for these… Read More

December 14, 2021 @ 8:21 am By Omar Faridi  |  

Deel has announced the addition of USDC and Solana as withdrawal currencies via Coinbase (COIN: Nasdaq). Deel first teamed up with Coinbase in November 2020 to “enable users to withdraw their paychecks in cryptocurrency,” according to an update shared with Crowdfund Insider. Deel currently supports five… Read More

December 14, 2021 @ 7:54 am By Omar Faridi  |  

Beginning on Monday December 13, 2021, clients may transfer DESO tokens into their Coinbase Pro accounts ahead of trading. As noted in the announcement, support for DESO will “generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here.”… Read More

December 14, 2021 @ 12:55 am By Omar Faridi  |  

The Pret Foundation has teamed up with Contactless Giving Week this December in order to raise awareness and support cashless fundraising for their ongoing work towards breaking the cycle of homelessness. Earlier in 2021, more than 40 Pret shops had been fitted with GoodBox contactless… Read More

December 14, 2021 @ 12:27 am By Omar Faridi  |  

TripActions, the comprehensive travel, corporate card, and expense management solution, has announced the launch of TripActions LiquidTM in Europe. Through its partnership with Stripe, TripActions Liquid claims to be “the first — and only — Fintech-powered travel and expense management offering that can support card… Read More

December 13, 2021 @ 11:49 pm By Omar Faridi  |  

The Open Banking Limited (OBL) board is looking for a Chief Executive Officer who will be responsible for leading the everyday operations of the Open Banking Implementation Entity (OBIE) and its gradual transition to an organization that will be observing the Competition and Markets Authority’s… Read More

December 13, 2021 @ 11:27 pm By Omar Faridi  |  

Tinkoff’s Centre for AI technologies has introduced ETNA – which is reportedly the first service in the Russian markets that assists with analyzing and predicting a set of data-driven processes, ranging from precipitation levels in upcoming winter months to a firm’s recruitment requirements. ETNA is… Read More

December 13, 2021 @ 11:07 pm By Omar Faridi  |  

The QR-code scanning tech created by Smart Engines has been introduced into Raiffeisen Online Russia. The solution enhanced the overall quality of QR codes and barcode scanning for payments operations made via a mobile app. As noted in the announcement, high-scanning precision is ensured for… Read More

December 13, 2021 @ 11:00 pm By Omar Faridi  |  

WeLab, a pan-Asian Fintech platform, has announced the acquisition of PT Bank Jasa Jakarta (BJJ), which is a commercial banking institution based in Indonesia, with plans to introduce its second digital bank in Asia “further to the successful launch of WeLab Bank in Hong Kong.”… Read More

December 13, 2021 @ 10:44 pm By Omar Faridi  |  

Virtual payments solution provider Arab Financial Services says that it intends to acquire $98 million in capital in order to support its revenue growth and strategic expansion efforts. Shareholders of the company have reportedly approved plans to increase the firm’s authorized share capital to $150… Read More