November 19, 2021 @ 11:01 am By Omar Faridi  |  

Sift, the Digital Trust & Safety solution provider, has announced that it has acquired Keyless, a pioneer in passwordless and multi-factor authentication. Keyless’ zero-knowledge cryptography and privacy-preserving biometric authentication tech has been designed to eliminate account takeover (ATO) fraud because of “weak or stolen passwords,… Read More

November 19, 2021 @ 11:00 am By Omar Faridi  |  

ACA Group and Foreside Financial Group, LLC, which are both providers of governance, risk, and compliance (GRC) solutions to customers in the financial services sector, have announced that they have entered an agreement to “combine their two companies.” Genstar Capital, a private equity firm, invested… Read More

November 19, 2021 @ 10:56 am By Tony Zerucha  |  

A pair of Belgian banks have ousted Revolut from the top spot in the fourth annual Sia Partners‘ Mobile Banking Benchmark: A Study on the Present State of Mobile Banking in the World. Sia Partners considered 135 banks in 17 countries across Europe, North Africa,… Read More

November 19, 2021 @ 10:52 am By Omar Faridi  |  

Beginning today (November 18, 2021), the Voyager Token (VGX) is available via Coinbase.com and in the Coinbase Android and iOS apps. Coinbase (NASDAQ:COIN) clients are now able to trade, send, receive, or store VGX “in most Coinbase-supported regions, with certain exceptions indicated in each asset… Read More

November 19, 2021 @ 7:45 am By Omar Faridi  |  

The team at Security Token Market (STM), which is focused on supporting blockchain-based security tokens, has released their Tokenized Stock Arbitrage Report for October 2021. As noted in the report from STM, FTX has seen “record-high” trading volumes. It’s been an “electric month” for tokenized… Read More

November 19, 2021 @ 7:42 am By Omar Faridi  |  

Open data firm Okredo has finalized a €1 million seed round that was led by Lithuania’s Business Angels Fund and Presto Ventures, along with contributions from Startup Wise Guys and several angel investors. Okredo’s software-as-a-service or SaaS platform assists SMEs with assessing the credibility, financial… Read More

November 18, 2021 @ 10:48 pm By Omar Faridi  |  

Indonesia-based digital wallet OVO is teaming up with financial marketplace Bareksa and Bahana TCW Investment Management in order to introduce a fixed-income product. The Bahana MES Syariah Fund Kelas O is reportedly being offered only via the OVO app as part of the digital wallet’s… Read More

November 18, 2021 @ 9:17 pm By Omar Faridi  |  

Bank of Queensland (BOQ) is bringing an improved set of capabilities to debit card holders as part of the banking institution’s extensive digital offering. With the migration of its debit cards to the FirstVision platform from Fiserv, Inc. (NASDAQ: FISV), a provider of payments and… Read More

November 18, 2021 @ 9:01 pm By Omar Faridi  |  

VAST Data, the storage software firm focused on breaking “decades-old” tradeoffs, has announced that the Jump Trading Group chose VAST’s performant, low-latency Universal Storage as the foundation to its high-performance computing (HPC) Cloud infrastructure. As an international research-based trading company, the team at Jump includes… Read More

November 18, 2021 @ 7:59 pm By Omar Faridi  |  

Eigen Technologies, the international intelligent document processing (IDP) provider, and NetDocuments, the Cloud content management platform where legal professionals do work, have entered a new partnership, and developed a tech integration connecting the platforms. Shared and new clients have “already taken advantage of the new… Read More

November 18, 2021 @ 7:42 pm By JD Alois  |  

  Saule Omarova testified in front of the Senate Banking Committee today and the challenging questions did not just come from Republican members as several Democrats queried the aspiring bank regulator with difficult queries as well. Omarova, a Cornell Law professor born in the former… Read More

November 18, 2021 @ 6:13 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) today announced it has charged Ryan Ginster of Corona, Cal. with conducting two unregistered and fraudulent securities offerings which collectively raised more than $3.6 million in cryptocurrency from retail investors. The complaint alleges that, from 2018 up to 2021,… Read More

November 18, 2021 @ 3:59 pm By Omar Faridi  |  

Payments Fintech mx51 has reportedly hired ex- Mastercard Australia VP Varghese Mathew to serve as its Chief Customer Officer. Varghese brings around 10 years of industry experience in financial services and tech to the role, occupying key roles at Mastercard, The Boston Consulting Group and… Read More

November 18, 2021 @ 3:51 pm By JD Alois  |  

Bitso, a top crypto platform in Latin America that reports over 3.3 million users, has launched “Bitso Shift,” a service that allows Mexican people and companies to send and receive payments between Mexico and the United States. According to Bitso, Bitso Shift is targeting Mexican… Read More

November 18, 2021 @ 3:38 pm By JD Alois  |  

N26 is exiting the United States. Founded in 2013 and boasting over 7 million customers, N26 is a Germany-based neobank bank that had sought to establish operations in the USA – a market that is home to thousands of small and large traditional banks as… Read More

November 18, 2021 @ 3:19 pm By Tony Zerucha  |  

While the Reserve Bank of Australia (RBA) is conducting research into various applications of cryptocurrencies and distributed ledger technologies, they are under no pressure to quickly roll out solutions to address clear needs in the marketplace, a representative said earlier today. Speaking to the Australian… Read More

November 18, 2021 @ 2:49 pm By Omar Faridi  |  

As the demand for fast, highly secure, and seamless virtual payments solutions continues to rise, Mastercard (NYSE: MA) has teamed up with Home Remitt in order to support migrants residing in South Africa by safely sending funds in near real-time to their friends and family… Read More

November 18, 2021 @ 12:00 pm By Omar Faridi  |  

Global AI-enhanced credit decision platform provider, Scienaptic AI reveals that Tower Federal Credit Union has chosen its AI-enabled platform. The implementation should equip the credit union with improved underwriting capabilities in order to “make stronger, faster credit decisions and strengthen financial options for its members.”… Read More

November 18, 2021 @ 11:39 am By Omar Faridi  |  

OSTTRA’s TriOptima, an infrastructure service that aims to reduce costs and mitigates risk in OTC derivatives markets, has announced a triBalance credit optimization rebalancing initiative that “reduces risk in multiple central counterparties (CCPs), including LCH CDSClear and ICE Clear concurrently.” As mentioned in the announcement,… Read More

November 18, 2021 @ 11:35 am By Omar Faridi  |  

Bitstamp, which claims to be the longest-running crypto exchange, has announced Copper.co, the institutional gateway to crypto-asset investing, as an additional custody provider. Copper’s crypto custody solution should allow Bitstamp to provide a new set of crypto-assets to its clients across the globe, beginning with… Read More