February 25, 2025 @ 3:39 pm By Omar Faridi  |  

The rise of financial technology has enhanced the financial services industry by leveraging technology to provide solutions that enable financial inclusion, streamline processes, and improve user experiences, according to an update from Citi Group. From digital payments to peer-to-peer lending, artificial intelligence (AI) and blockchain… Read More

February 25, 2025 @ 1:21 pm By JD Alois  |  

Crowdfund Capital Advisors (CCA) has published a report updating readers on the status of securities crowdfunding. The founders of CCA were deeply involved in the creation of the JOBS Act of 2012, the legislation that legalized online capital formation with three different securities exemptions. Since… Read More

February 25, 2025 @ 10:37 am By JD Alois  |  

DealMaker founder and CEO Rebecca Kacaba is scheduled to testify this week in front of the Capital Markets Subcommittee, part of the House Financial Services Committee. Kacaba will be joined by others to discuss capital formation for smaller firms. The hearing is entitled The Future… Read More

February 25, 2025 @ 10:12 am By Omar Faridi  |  

Shift4 (NYSE: FOUR), the payments and commerce technology provider, and Global Blue (NYSE: GB), the specialty payments and technology platform enabling “tax-free” shopping, dynamic currency conversion, and payments solutions to retail brands, have reportedly entered into a definitive agreement under which Shift4 will “acquire Global… Read More

February 25, 2025 @ 10:10 am By Tony Zerucha  |  

This week, African payment technology firm Flutterwave announced that its foreign currency exchange solution, Swap, is now accessible through the Send App. This helps Nigerians access foreign currencies at competitive exchange rates. Send App users can now convert or transfer Nigerian Naira (NGN) to US… Read More

February 25, 2025 @ 10:08 am By Omar Faridi  |  

In line with its obligations under the updated Shareholder Rights Directive (SRDII), Nordnet Bank AB, a pan-Nordic digital platform for savings and investments, has commenced live operations with an international shareholder disclosure solution from global Fintech Broadridge Financial Solutions, Inc. (NYSE:BR). Quincy Curry, Director of… Read More

February 25, 2025 @ 10:06 am By Omar Faridi  |  

Digital interactions by Bank of America (NYSE: BAC) clients grew 12% last year, reaching an all-time record 26 billion interactions through a combination of digital logins and proactive alerts. Innovative digital capabilities are enhancing experiences for the company’s more than “58 million verified digital clients… Read More

February 25, 2025 @ 9:34 am By JD Alois  |  

During the Biden Administration, digital assets were regulated by enforcement as the Securities and Exchange Commission (SEC) refused to provide regulatory clarity for firms engaged in the trading and issuance of crypto. In effect, the SEC told platforms and issuers to come in and register… Read More

February 25, 2025 @ 7:45 am By Tony Zerucha  |  

Debt capital markets Fintech CredCore this week announced a $16 million Series A. The round was led by Avataar Ventures, with participation from Inspired Capital, Fitch Group, BellTower Partners, and senior executives in asset management and financial services. The new funding will be used to… Read More

February 25, 2025 @ 7:41 am By Omar Faridi  |  

Yieldstreet, a private market investment platform, has recently released “The Next Wave,” research conducted in partnership with a global management consulting firm. The research study reveals a fundamental transformation underway in “how retail investors approach and invest in private market opportunities.” The research, which surveyed… Read More

February 25, 2025 @ 7:37 am By Omar Faridi  |  

Copper noted that on Friday, 21 February 2025, the digital assets industry witnessed one of the largest centralized exchange security breaches in history, affecting Bybit. As the situation developed, Copper’s Security and Financial Risk teams closely monitored events and “took necessary precautions to protect client assets and minimize… Read More

February 25, 2025 @ 7:34 am By Omar Faridi  |  

SimCorp, a provider of financial technology, announced a partnership with Yield Book, an LSEG Analytics business SaaS platform and provider of fixed income models, analytics, and data products. Yield Book products offer analytical insight into a range of financial products in the fixed income space… Read More

February 25, 2025 @ 7:33 am By Omar Faridi  |  

Kaspersky Global Research & Analysis Team (GReAT) discovered hundreds of open source repositories with multistaged malware targeting gamers and crypto investors within a new campaign that was dubbed by Kaspersky as GitVenom. The infected projects include an automation instrument for “interacting with Instagram accounts, a… Read More

February 25, 2025 @ 7:32 am By Tony Zerucha  |  

The British Business Bank has agreed to a further £100 million increase to its existing ENABLE Guarantee transaction with leading Fintech Oxbury Bank, a UK bank with a singular focus on farmers, food production and the rural economy. The ENABLE Guarantee program encourages additional lending… Read More

February 24, 2025 @ 9:25 pm By Omar Faridi  |  

PhonePe is announcing that the Fintech company is officially commencing preparatory steps in connection with its potential (initial public offering) IPO and intends to list on Indian exchanges. This marks a key milestone for the Fintech company, which will mark its 10-year of operations this… Read More

February 24, 2025 @ 5:16 pm By JD Alois  |  

EquityZen, a top secondaries trading platform for private securities, has lowered its investment minimum to just $5000.00 for specific offerings. EquityZen is a marketplace where smaller investors may access securities of promising private firms. Frequently, insiders or early employees want to sell some shares and… Read More

February 24, 2025 @ 4:50 pm By JD Alois  |  

The fear of artificial intelligence (AI) becoming self-aware, similar to Sky Net in the eponymous Terminator series, or at least leveraged to manipulate the masses, appears to be driving an onslaught of legislation targeting AI. Multistate, a government relations firm, has published a map tracking AI… Read More

February 24, 2025 @ 3:58 pm By Omar Faridi  |  

Octopus has announced it is launching a private debt offering, as it looks to meet the needs of institutional investors by unlocking private capital to solve the world’s challenges. The offering will focus on delivering solutions that deliver on returns and impact, “particularly to the… Read More

February 24, 2025 @ 3:55 pm By Omar Faridi  |  

Mastercard (NYSE: MA) noted that today’s consumers are at the forefront of embracing technologies that offer streamlined and intuitive experiences. Gen Z, the generation spanning teenagers to those in their mid-twenties, is said to be leading the charge. Instead of juggling between different cards and… Read More

February 24, 2025 @ 3:54 pm By Omar Faridi  |  

MX Technologies, Inc., a provider of actionable intelligence for consumers and the financial providers that serve them, shares its latest survey of U.S. consumers, which reveals consumers are “overwhelmed by their finances and looking for more comprehensive resources to meet their needs.” Nearly half (44%)… Read More