March 7, 2025 @ 7:38 am By Omar Faridi  |  

Euroclear has recently announced the completion of the acquisition of 49% of Inversis from Banca March after securing regulatory approvals. Inversis, a wholly-owned subsidiary of Banca March, is a provider of global investment technology solutions and outsourced financial services for financial institutions. Euroclear states that… Read More

March 7, 2025 @ 4:16 am By Omar Faridi  |  

iCapital, the fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, has entered into a partnership with Aviva Investors, the global asset management business, to broaden access to Aviva Investors’ climate transition strategy “focused on investments in private markets.”… Read More

March 6, 2025 @ 10:54 pm By Michael Wong  |  

CGS International Futures Malaysia (CGS MYF) has introduced the first publicly available CME Crypto Futures contracts in Malaysia, offering traders and investors access to Bitcoin and Ethereum futures, the company announced. The launch makes CGS International Securities Malaysia (CGS MY) the first licensed derivatives broker… Read More

March 6, 2025 @ 10:47 pm By Omar Faridi  |  

Fly Wing Technologies Pte Ltd, a wholly owned subsidiary of Matrixport, the “one-stop” crypto financial services platform in Asia, announced that it has been granted the Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). With this license approval, Fly Wing will… Read More

March 6, 2025 @ 9:52 pm By Omar Faridi  |  

Coalition, the Active Insurance provider designed to prevent digital risk before it strikes, announced a new $30 million equity investment from Mitsui Sumitomo Insurance Co., Ltd. (MSI), a member of MS&AD Insurance Group (MS&AD), the non-life insurer in Japan and across the Asian-Pacific region. The… Read More

March 6, 2025 @ 9:22 pm By Omar Faridi  |  

Tonik has crossed 1 million cumulative loans disbursed since inception, cementing its status as the Philippines’ credit-led digital bank and propelling a new era of “credit inclusion.” While traditional banking institutions continue to emphasize corporate credit, Tonik zeroes in on a “$40 billion latent unsecure… Read More

March 6, 2025 @ 6:20 pm By JD Alois  |  

While some countries are hurtling towards issuing a Central Bank Digital Currency (CBDC) it does not appear the US will do the same. Fears of excessive government control and the lure of snooping by the Feds means privacy concerns are trumping any movement for the… Read More

March 6, 2025 @ 6:04 pm By Omar Faridi  |  

Tax refund theft is an annual concern and 2025 brings an elevated risk, according to a TransUnion (NYSE: TRU) analysis. Researchers found that in 2024 there were “970 data breaches in which fraudsters obtained the kinds of personally identifiable information (PII) required for various forms… Read More

March 6, 2025 @ 5:55 pm By Omar Faridi  |  

Papaya Global, the workforce payroll and payments platform and Sumsub, a full-cycle verification and compliance solutions provider, announce their new partnership. Sumsub will support Papaya Global with AI-powered automated solutions for secure “verification and fraud prevention, while maintaining speed, accuracy, and regulatory compliance.” The partnership… Read More

March 6, 2025 @ 4:09 pm By JD Alois  |  

NASAA [North American Securities Administrators Association] has once again published their annual report on top investor reports for they year. NASAA is the association that advocates on behalf of all state and provincial financial regulators. The list of threats was developed by surveying state and… Read More

March 6, 2025 @ 3:45 pm By JD Alois  |  

The Digital Pound Foundation (DPF) has merged with Innovate Finance. Innovate Finance is an advocacy group that supports and promotes the growth of Fintech in the UK. DPF is playing a similar role but for advocating on behalf of a digital pound or CBDC and… Read More

March 6, 2025 @ 3:00 pm By JD Alois  |  

ICAN [Investors Choice Advocate Network], a legal advocacy group supporting smaller firms and individuals targeted by the Securities and Exchange Commission, says it has won another case as the courts have dismissed the PulseChain case. In 2023, the SEC filed charges against Richard Heart [aka… Read More

March 6, 2025 @ 2:46 pm By JD Alois  |  

The UK Parliament Treasury Committee has issued a statement on the unfortunate occurrences of bank App outages. In early February, the Treasury Committee sent letters to nine bank CEOs demanding information on the size of the problem. At that time, the Committee noted that as… Read More

March 6, 2025 @ 2:07 pm By JD Alois  |  

Shield AI is reporting a $240 million funding round at a pre-money valuation of $5.3 billion. Investors include L3Harris (NYSE: LHX), Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. The company said that… Read More

March 6, 2025 @ 1:59 pm By JD Alois  |  

Skyfire issued a statement today indicating it has exited Beta after reporting the rapid adoption of its services. Skyfire is a payment network for artificial intelligence. The company states that it enables autonomous transactions, enabling AI agents, LLMs and enterprises to transact securely Amir Sarhangi,… Read More

March 6, 2025 @ 1:47 pm By Omar Faridi  |  

Elliptic, the global firm focused on digital asset intelligence, is pleased to announce a partnership with Toobit, the cryptocurrency derivatives exchange, to streamline their AML compliance. Toobit has reportedly become one of the “fastest-growing” crypto derivatives platforms worldwide with a “24-hour combined spot and derivatives… Read More

March 6, 2025 @ 12:00 pm By Omar Faridi  |  

Following the recent updates on the surge in cryptocurrency ETFs, we recently caught up with Manthan Dave, Co-founder of Palisade, a digital assets custodian backed by enterprise blockchain firm Ripple. Manthan Dave from Palisade shared key insights on the potential for more crypto ETFs beyond… Read More

March 6, 2025 @ 11:48 am By Omar Faridi  |  

The national development bank ILTE has signed a cooperation agreement with HeavyFinance and has started investing in Green Loans for farmers. The returns from loans provided through the HeavyFinance platform will be generated by “creating and selling carbon emission certificates on farms.” ILTE invests up… Read More

March 6, 2025 @ 10:10 am By Omar Faridi  |  

On March 4, 2025, the U.S. Senate voted 70-27 to repeal an IRS rule that would have potentially imposed very stringent reporting requirements on decentralized finance (DeFi) platforms, categorizing them as “brokers” under existing US tax laws. This decision, driven by a bipartisan coalition and… Read More

March 6, 2025 @ 8:15 am By Omar Faridi  |  

Dune now supports 100 chains, making it the one of the most comprehensive crypto data platforms, according to its developers. The team behind Dune noted that in the fast-evolving world of blockchain and web3, crypto data is the “lifeblood of innovation.” The update from from… Read More