January 5, 2025 @ 7:11 pm By Omar Faridi  |  

Thomson Reuters Corporation (NYSE: TRI), a global content and technology company, announced it has acquired cPaperless, LLC, doing business as SafeSend, for $600 million in cash. SafeSend is a US-based cloud-native provider of technology for tax and accounting professionals. Established back in 2008, SafeSend automates… Read More

January 5, 2025 @ 7:10 pm By Omar Faridi  |  

Right before of its planned initial public offering (IPO), Fintech company OfBusiness has unveiled the launch of Nexizo.AI. According to the announcement, this platform allows for the discovery of new opportunities, such as potential buyers, obtaining key market insights for more competitive intelligence as well… Read More

January 5, 2025 @ 7:09 pm By Omar Faridi  |  

Nansen is pleased to announce its partnership with HypurrCollective, a collaboration aimed at enabling innovation and governance within the Hyperliquid ecosystem. This partnership centers on a genesis validator—one of only 16 available—designed to drive “sustainable growth and empower community stakeholders.” Through the Nansen x HypurrCollective… Read More

January 5, 2025 @ 7:08 pm By Omar Faridi  |  

Ryan, a global tax services and software provider, is pleased to announce the successful completion of its CAD $700 million acquisition of the property tax services business of Altus Group Limited. With the transaction closed, Ryan reportedly assumes complete ownership of Altus Group’s property tax… Read More

January 5, 2025 @ 7:06 pm By Omar Faridi  |  

The CaixaBank Group, alongside its asset management subsidiaries—VidaCaixa, CaixaBank AM, and BPI Gestão de Ativos—has reinforced its commitment to “responsible investment,” as reflected in the review conducted by the Principles for Responsible Investment (PRI), supported by the United Nations. The ratings achieved in the 2024… Read More

January 5, 2025 @ 7:05 pm By Michael Wong  |  

Malaysia’s communications regulator has granted operating licenses to two prominent technology firms, marking a significant step in the country’s efforts to tighten oversight of internet messaging and social media platforms. According to a statement issued by the Malaysian Communications and Multimedia Commission (MCMC), WeChat, owned… Read More

January 5, 2025 @ 6:46 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) has acquired a license to provide derivatives in European markets via the recently announced acquisition of Bux‘s Cyprus division. Digital currency exchange Coinbase confirmed that it has now acquired a  license as part of its plans for European business expansion… Read More

January 5, 2025 @ 9:16 am By Omar Faridi  |  

AstroPay, a global fintech that is focused on redefining cross-border finance, has announced the official launch of its multicurrency wallet, which is described as a financial tool intended to simplify how clients manage funds  across international borders. The digital wallet allows consumers to hold, exchange,… Read More

January 5, 2025 @ 8:08 am By Omar Faridi  |  

As digital payments continue to replace more traditional methods of payment, network tokenization plays a key role in boosting security and efficiency across the card-not-present ecosystem, according to an update from Juniper Research. By involving the issuing bank early in the transaction authorization process, network… Read More

January 5, 2025 @ 6:35 am By Omar Faridi  |  

European Insurtech firm wefox has reportedly finalized a $170 million refinancing deal. wefox, a European insurance tech firm established back in 2015 by Julian Teicke, is said to be finalizing a €170 million refinancing deal that has been led by private equity company Searchlight Capital… Read More

January 4, 2025 @ 1:40 pm By Omar Faridi  |  

Anil Stocker, CEO & Co-Founder at Kriya, a UK Fintech that is powering frictionless access to B2B payments and credit, has shared some reflections on Kriya’s productive 2024, with always more to come. Kriya’s PayLater volume grew at 300% CAGR, Stocker noted. He also shared the… Read More

January 4, 2025 @ 12:39 pm By Omar Faridi  |  

Coinbase‘s (NASDAQ:COIN) 2025 Crypto Market Outlook provides key insights focused on the web3 and blockhain ecosystem. The Outlook provides investors with deep dives that span the crypto space, from altcoins to ETFs, staking to gaming, and other important developments. As noted by Coinbase, the following… Read More

January 4, 2025 @ 11:38 am By Omar Faridi  |  

FalconX, a digital asset prime broker, announced its acquisition of Arbelos Markets, a trading firm specializing in crypto derivatives led by industry professionals Joshua Lim, Shiliang Tang, and Sergio Almada Monter. FalconX reportedly operates FalconX Bravo Inc., the CFTC approved swap dealer focused on crypto… Read More

January 4, 2025 @ 10:37 am By Omar Faridi  |  

Ryze Labs has shared its review for the year 2024 as well as its 2025 outlook with CI. Ryze Labs has shared the following key insights, as part of its comprehensive Market Outlook for 2025: The cryptocurrency market displayed “remarkable” maturity and institutional acceptance in… Read More

January 4, 2025 @ 10:06 am By JD Alois  |  

Several days ago, the US Internal Revenue Service (IRS) issued a statement providing temporary relief on crypto cost-basis reporting rules. While a good thing for digital asset investors, the change is only until December 31, 2025. There has been much jostling between policymakers as to… Read More

January 4, 2025 @ 9:51 am By Omar Faridi  |  

As Bitcoin reaches unprecedented levels following yesterthe US election results, thousands of first-time investors are rushing to enter the cryptocurrency market. But new research from CertiK – the blockchain security firm that has protected over $3 trillion in user assets – reveals concerning vulnerabilities that… Read More

January 4, 2025 @ 9:45 am By Omar Faridi  |  

At Gemini, they believe that the EU’s cryptocurrency ecosystem should incorporate essential guardrails and transparency to shield users from financial crimes and fraud. Their commitment to regulatory compliance is steadfast, and they see adhering to the EU’s Travel Rule as a “critical step forward in… Read More

January 4, 2025 @ 9:36 am By Omar Faridi  |  

The Fintech ecosystem stands at a key moment as 2024 comes to an end, according to an update entitled, The 2024 Recovery Signals a New Era For Fintechs (authored by Abdul Abdirahman, David Jegen, and Minesh Patel). After reaching a low market valuation point in… Read More

January 4, 2025 @ 9:31 am By Omar Faridi  |  

In a move that affirms its commitment to enabling Web3 innovation, Binance Labs announced an investment in THENA, which is described as a decentralized exchange and liquidity protocol introduced back in January of 2023. THENA, built on the BNB Chain, leverages the ve(3,3) tokenomics model… Read More

January 4, 2025 @ 9:30 am By Omar Faridi  |  

The SIX Exchange in Switzerland has released key figures for December 2024 and the full year 2024. SIX noted in a recent update that it releases the monthly key figures of SIX Swiss Exchange and BME Exchange on trading and listing activities in Switzerland as… Read More