December 26, 2024 @ 8:04 am By Omar Faridi  |  

As the European Union’s Corporate Social Responsibility Directive (CSRD) marks its first year of being implemented / enforced – and as compliance with it becomes mandatory for more firms, research reveals that over half of businesses are “risking non-compliance by failing to take key steps… Read More

December 26, 2024 @ 8:03 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, has reportedly repaid investors a €500 000 loan (real estate project “Vytenio55 II”) and paid their investors €102,368 in interest. PeerBerry also mentioned in another recent update that it is processing the last repayment of war-affected loans…. Read More

December 26, 2024 @ 8:02 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, has partnered with HSBC and Santander on a club lending facility to Star Capital to support its buy-out of Subsea Technology & Rentals (STR). The capital will reportedly enable STR to evolve its equipment and service offering via “organic… Read More

December 24, 2024 @ 5:41 pm By Omar Faridi  |  

MoonPay is pleased to announce that the Texas Department of Banking has granted MoonPay a Money Transmitter License in order to provide money transmission services in the Lone Star State. Starting now, Texas residents are reportedly able to purchase 64 different cryptocurrencies on MoonPay with… Read More

December 24, 2024 @ 5:40 pm By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology, announced it has entered into a definitive agreement to acquire Payfare Inc. (TSX:PAY), a provider of program management solutions with a focus on new economy workforces. The transaction is subject to obtaining… Read More

December 24, 2024 @ 5:38 pm By Omar Faridi  |  

BizEquity, a platform that provides business valuation services, announced a partnership with Biz2Credit, a small business funding platform, to help secure business financing for US-based clients. The firms will reportedly launch financing options via an embedded financing solution within the BizEquity platform powered by Biz2Credit’s… Read More

December 24, 2024 @ 5:37 pm By Omar Faridi  |  

The European Central Bank welcomes the Bulgarian market to the TARGET Instant Payment Settlement (TIPS) service following its successful migration in December 2024. The Bulgarian National Bank and the BISERA payment system, which is operated by BORICA AD, are now part of TIPS, together with… Read More

December 24, 2024 @ 5:36 pm By Omar Faridi  |  

WooCommerce, which claims to be the flexible, open-source ecommerce solution built on WordPress, today announced that it has selected Affirm (NASDAQ: AFRM) as a pay-over-time provider. This builds on the firms’ existing partnership and will make Affirm a default payment option for merchants using WooPayments…. Read More

December 24, 2024 @ 5:34 pm By Michael Wong  |  

German fintech company Cleversoft has entered discussions to acquire Istanbul-based Fineksus, a move aimed at expanding its global service network. The Munich-headquartered firm specializes in financial asset management platforms and systems for fraud prevention. Founded in 2004 by Florian Clever, Cleversoft has grown into a… Read More

December 24, 2024 @ 5:32 pm By Omar Faridi  |  

In the latest twist in the unpredictable world of crypto and high-stakes finance, Justin Sun, the Chinese-born entrepreneur and founder of the Tron (TRX) blockchain, has emerged as a somewhat unlikely and unexpected ally of President-elect Donald Trump. This development, reported by the Wall Street… Read More

December 24, 2024 @ 5:27 pm By Omar Faridi  |  

Crypto.com, which claims to be trusted by more than 100 million customers worldwide and the industry participant focused on regulatory compliance, security and privacy, has officially announced the launch of its U.S. trust company – Crypto.com Custody Trust Company. By receiving a trust company charter,… Read More

December 24, 2024 @ 5:26 pm By Michael Wong  |  

Brooklyn Artificial Intelligence Research (Brooklyn) has finalized a strategic funding round led by Atypical Ventures, with backing from S&P Global Ventures, the CEO of the Hantz Group, and several asset and wealth management executives, according to an announcement. The company plans to use this new… Read More

December 24, 2024 @ 9:00 am By Tony Zerucha  |  

As he looks ahead to 2025, DECTA CEO Scott Dawson sees SMEs, Donald Trump, an AI backlash, Open Banking, and PSD3 making headlines. The ‘real’ year of the SME Dawson said markets were assured that 2024 was going be the Year of the SME, but… Read More

December 24, 2024 @ 6:33 am By Omar Faridi  |  

A collaboration between the Crypto Carbon Ratings Institute (CCRI), a leader in sustainability data on digital assets, and Broadridge Financial Solutions, Inc. (NYSE: BR) a global Fintech, will deliver an integrated communications, data, and disclosure generation platform to help firms operating in Europe, including exchanges,… Read More

December 24, 2024 @ 5:21 am By Omar Faridi  |  

Nordic fintech Two collaborates with Dutch banking platform ABN AMRO to enhance B2B e-commerce payments. Two, a European enabler of B2B payments technology today announces a strategic collaboration with ABN AMRO (abnamro.com), a leading financial institution in the Netherlands. Together, they are reportedly launching a… Read More

December 24, 2024 @ 3:40 am By Omar Faridi  |  

Six of Latvia’s investment platforms—Lande, Indemo, ViaInvest, Nectaro, Debitum Investments, and TWINO—have joined forces to form an alliance dedicated to advancing transparency, trust, and innovation in the fintech industry. Together, they are focused on setting a new standard for investor confidence and collaboration in Europe’s… Read More

December 24, 2024 @ 3:37 am By Omar Faridi  |  

Multiverse Computing, a firm focused on value-based quantum and quantum-inspired AI software solutions, announced an investment from the Italian investor in venture capital CDP Venture Capital Sgr, as part of the firm’s Series A round. The investment was carried out via compartments of the Corporate… Read More

December 24, 2024 @ 2:36 am By Omar Faridi  |  

Compound Finance, a DeFi protocol enhancing money markets, has launched a $1 million bug bounty program on Immunefi in order to enhance the security of its platform and ensure the safety of its users. As explained in a blog post by Immuenfi, Compound Finance is… Read More

December 24, 2024 @ 1:34 am By Omar Faridi  |  

Tactical Compute (TACOM), an AI-tech focused investment vehicle that has been launched by Aethir, MetaStreet, and Beam is driving innovation with the first-ever onchain financing deal for decentralized physical infrastructure (DePIN) assets. TACOM’s $3.3 million mobile chip contract, which is leased onchain through Aethir, was… Read More

December 23, 2024 @ 10:09 pm By Michael Wong  |  

The Philippine Securities and Exchange Commission (SEC) has introduced extensive rules governing crypto-assets, covering disclosures, public offerings, trading, and marketing activities. The regulations aim to enhance investor protection and promote transparency in the burgeoning digital asset market. Under the new guidelines, crypto-asset offerings must submit… Read More