November 20, 2021 @ 2:33 pm By Omar Faridi  |  

GB Group plc (AIM:GBG), which claims to be an expert in digital location, identity and identity fraud software, has announced that it reached an agreement to acquire Acuant, an identity verification and KYC/AML compliance provider, for a cash-free, “debt-free” enterprise value of $736 million. The… Read More

November 20, 2021 @ 1:31 pm By Omar Faridi  |  

Acadia, the provider of integrated risk management services for the derivatives ecosystem, has announced the launch of Payments Manager, which is a suite of workflow automation services focused around improving payments. The payment service will be leveraging Acadia’s position as a key player in the… Read More

November 20, 2021 @ 1:29 pm By Omar Faridi  |  

Croatian peer-to-peer lender Robo.cash says that P2P loans increase competition with traditional banking. Robo.cash writes in a blog post that European nations with stable and developed economies are leading “in terms of consumer and business lending.” The complete digitalization of the financing process “becomes one… Read More

November 20, 2021 @ 11:30 am By Omar Faridi  |  

IuteCredit has shared its unaudited results for 9M 2021. The firm has released its operational, strategic, and financial highlights along with comments from the company CEO. These details were provided to the AS Mintos Marketplace by IuteCredit, a cooperation partner of Mintos that provides investment… Read More

November 20, 2021 @ 10:30 am By Omar Faridi  |  

European online marketplace lender October notes in a recent blog post that as part of the economic support plan following the Covid-19 outbreak, Bpifrance introduced the digital Prêt Rebond (Rebound Loan) back in in April 2020, in partnership with the French Regions, allowing SMEs of… Read More

November 20, 2021 @ 9:32 am By Omar Faridi  |  

Digital assets firm Kraken notes that in the fast-paced world of virtual currencies, every second counts when you’re moving funds around. Kraken writes in a blog post that establishing the bridges that enable seamless transactions from legacy banking platforms to the “ever-growing” number of blockchain… Read More

November 20, 2021 @ 9:30 am By Omar Faridi  |  

The team at digital assets firm OKCoin notes that now you can access 20 different cryptocurrency staking and decentralized finance (DeFi) offers right via their mobile app. This week, OKCoin is introducing four new assets on Earn: Algorand (ALGO), Solana (SOL), Polygon (MATIC) and Tron… Read More

November 20, 2021 @ 9:28 am By Omar Faridi  |  

The Metis team has launched the platform’s Mainnet Andromeda, a move that confirms a commitment to greater decentralization of Internet-based services. $METIS will launch its inaugural Layer 2 mainnet, Andromeda, Friday Nov 19, 3 pm UTC. Join our launch livestream w/ partners @AssxToken @Metacraftpro @standarddefi… Read More

November 19, 2021 @ 10:09 pm By Tony Zerucha  |  

Fatberry, a Malaysian Insurtech platform, this week announced its acquisition of MooMoo, an insurance broker for an undisclosed amount. The move, which allows Fatberry to expand into Thailand, was facilitated through ASEAN Fintech Group, Fatberry’s majority investor. MooMoo is a seven-year-old company that began by… Read More

November 19, 2021 @ 9:52 pm By Tony Zerucha  |  

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

November 19, 2021 @ 6:38 pm By Tony Zerucha  |  

Snoop Dogg, deadmau5 and Polygon Network founder Sandeep Nailwal are among the new members to join VC Outlier Ventures’ Outlier Ventures Partnership. They will invest in and advise startups going through Outlier Ventures’ Base Camp accelerator, dubbed the Y-Combinator of the Metaverse. Established in 2014,… Read More

November 19, 2021 @ 6:36 pm By JD Alois  |  

The Responsible Business Lending Coalition (RBLC), a group that includes online lenders LendingClub (NYSE:LC) and Funding Circle, has issued a statement in support of legislation introduced in both the US House and Senate. The Small Business Lending Disclosure Act of 2021, is described as establishing “common-sense… Read More

November 19, 2021 @ 6:15 pm By Omar Faridi  |  

FIA (Futures Industry Association) announced on November 2, 2021 that it has released a report calling on participants in the futures and options sector to work cooperatively on an initiative to enhance the overall efficiency of the trading and clearing process for exchange-traded derivatives. The… Read More

November 19, 2021 @ 5:44 pm By Omar Faridi  |  

Gránit Bank is one of the first banks to offer the Mastercard carbon calculator on November 15, 2021, which enables cardholders to check out the environmental impact of their purchases via their mobile bank. As mentioned in the announcement, the Carbon Calculator has been developed… Read More

November 19, 2021 @ 5:30 pm By Omar Faridi  |  

Nudge Inc., a “next-gen” credit-card provider and a future challenger bank based in Japan, announced that it has expanded its Pre-Series-A round with additional capital from Insignia Ventures Partners and the Sony Innovation Fund. The firm’s investment round has reportedly been led by Spiral Capital… Read More

November 19, 2021 @ 5:15 pm By Omar Faridi  |  

The Verida Protocol alpha release, which offers a way to abstract away the complexities of encryption, permissioning, schemas, and user management, is currently live for Web 3.0 developers. As mentioned in the announcement, this release comes with the Verida Client (software development kit) SDK, Single… Read More

November 19, 2021 @ 4:52 pm By Tony Zerucha  |  

Casper Association, the not-for-profit entity that oversees the Casper Network, this week announced a solution to security challenges that threatened to slow or halt the adoption of NFTs. Using a trusted execution environment (TEE) in combination with hardware security modules provided by NFT infrastructure provider… Read More

November 19, 2021 @ 1:10 pm By Tony Zerucha  |  

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

November 19, 2021 @ 1:08 pm By Tony Zerucha  |  

Cryptocurrency exchange-traded products (ETP) issuer 21Shares this week announced the seed funding of the 21Shares Polygon ETP (Ticker: POLY) on the SIX Swiss Exchange by the Polygon Foundation. The 21Shares Polygon ETP (Ticker: POLY) tracks the investment results of Polygon, an Ethereum scaling platform. Hosting… Read More

November 19, 2021 @ 11:18 am By Tony Zerucha  |  

A review of the Securities and Exchange Commission’s (SEC) enforcement actions in this fiscal year show a growing threat posed by cryptocurrency and decentralized finance (DeFi) scammers. The year ended Sept. 30. The SEC filed 434 new enforcement actions in FY2021, and that is a… Read More