November 25, 2024 @ 11:32 am By JD Alois  |  

OurCrowd, a top securities crowdfunding platform, has distributed an update on its “fast-growing” funds sector, which now reports that fund assets will top $1 billion next year. Currently, there are approximately $800 million in assets in the Funds Division across four types of funds. These… Read More

November 25, 2024 @ 11:19 am By JD Alois  |  

Digital securities are the future of financial markets, this much is clear. While the Biden administration ignored the opportunity, choosing to pursue specious objectives, expectations are high that the incoming administration will pursue the opportunity with legislation and a forward-thinking regulator at the helm. CI… Read More

November 25, 2024 @ 10:56 am By Nick Morgan  |  

Jennifer Schulp from the Cato Institute on Financial Services and Regulation In a recent episode of Capital Ideas, Nick Morgan and Dara Albright of the Investor Choice Advocates Network (ICAN) welcomed Jennifer Schulp, Director of Financial Regulation Studies at the Cato Institute. Schulp, co-author of Financing Opportunity: How… Read More

November 25, 2024 @ 9:47 am By Omar Faridi  |  

  The Securities and Exchange Commission (SEC) recently announced that it filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, the highest amount in SEC history. The 583 enforcement actions are said to represent a significant… Read More

November 25, 2024 @ 9:37 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, announced the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030. Mara Holdings confirmed in the update that it has… Read More

November 25, 2024 @ 9:32 am By Tony Zerucha  |  

Released last week, the J.D. Power 2024 U.S. Wealth Management Digital Experience Study finds that more full-service and self-directed wealth management clients than ever have come to expect tailored guidance on how to meet personal financial goals from the digital channels offered by their wealth… Read More

November 25, 2024 @ 9:14 am By Tony Zerucha  |  

Abrigo CEO Jay Blandford believes AI [artificial intelligence], Fed rate cuts, compliance pressures, and the fight for depositors will be some of the themes defining 2025 1. Artificial intelligence to be increasingly integrated Blandford said AI will accelerate its transition from a buzzword to an… Read More

November 25, 2024 @ 9:06 am By Omar Faridi  |  

Coin Center has provided a detailed analysis of the evolving crypto policy landscape following the US Elections. According to the update from Coin Center, crypto got a lot of attention in the recent election, and many are now “wondering how friendly the new administration and… Read More

November 25, 2024 @ 9:04 am By Omar Faridi  |  

Modulr, an embedded payments platform, announces its acquisition of Nook, an innovator in accounts payable (AP) automation. Both companies said they aim to address inefficiencies, remove manual steps and improve the overall security of making business payments. These are significant concerns, as highlighted by Modulr’s… Read More

November 25, 2024 @ 8:31 am By Omar Faridi  |  

10x Banking, the cloud-native core banking platform, has partnered with Alloy, an identity and fraud prevention platform, to deliver a frictionless customer onboarding, perpetual KYC and KYB monitoring, and credit decisioning platform for financial institutions globally. The partnership brings together 10x’s meta-core platform with Alloy’s… Read More

November 25, 2024 @ 8:28 am By Omar Faridi  |  

Plenti Group Limited has provided its results for the six-month period ended 30 September 2024 (1H25). The Plenti Group shared the following financial highlights: Closing loan portfolio of $2.3 billion, up 14% on pcp Loan originations of $627 million, up 0.4% on pcp Half-year revenue… Read More

November 24, 2024 @ 6:47 pm By Omar Faridi  |  

CoinW, a global cryptocurrency exchange, announces a strategic partnership with CoinCover – a digital asset protection provider – to significantly improve the security of users’ digital assets. This partnership is said to underscore CoinW’s commitment to protecting funds against risks such as hacking, lost access,… Read More

November 24, 2024 @ 6:46 pm By Michael Wong  |  

Qatar Development Bank (QDB) has announced a strategic investment in Wahed, a global financial technology company that specializes in Shariah-compliant investing. The move underscores QDB’s commitment to fostering innovation and advancing Islamic finance. Wahed, founded in 2015, has grown into a major player in the… Read More

November 24, 2024 @ 6:43 pm By Omar Faridi  |  

Bitso announced the addition of four new cryptos to its Earnings feature. Earnings with Ethereum (ETH) and Solana (SOL) are available to all users, and Cardano (ADA) and Polkadot (DOT) will reportedly be added in the first week of December 2024. These options complement the… Read More

November 24, 2024 @ 6:42 pm By Michael Wong  |  

Australia’s Department of the Treasury has initiated a consultation on implementing the Organisation for Economic Cooperation and Development’s (OECD) Crypto Asset Reporting Framework (CARF). The framework is designed to enhance tax transparency and improve compliance by standardizing the collection and exchange of tax-related information on… Read More

November 24, 2024 @ 6:40 pm By Michael Wong  |  

South Korea’s Financial Supervisory Service (FSS) plans to enhance the monitoring of abnormal transactions in virtual asset exchanges as market volatility intensifies, particularly following the U.S. presidential election. This move aims to address gaps in current systems and bolster consumer protection measures. Virtual asset exchanges… Read More

November 24, 2024 @ 6:00 pm By Tony Zerucha  |  

According to the latest Global State of Fraud and Identity Report from LexisNexis Risk Solutions, banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions by combining shared fraud intelligence into their risk assessments. Examples include a US bank that… Read More

November 24, 2024 @ 12:02 pm By Tony Zerucha  |  

Solidgate CEO Yuri Alekseev believes the return of Donald Trump to the White House could bring substantial changes in the digital payments landscape, given the administration’s commitment to deregulation. He said Trump’s previous term marked the biggest rollback in regulations since the 2008 crisis, including… Read More

November 23, 2024 @ 6:24 pm By Tony Zerucha  |  

Tim Kravchunovsky, founder and CEO of the decentralized telecommunications network Chirp, fears the incoming chair of the Federal Communications Commission, Brendan Carr, could stifle the decentralized telecommunications industry if he moves to repeal net neutrality once again. While Carr’s anti-Big Tech stance could be helpful… Read More

November 23, 2024 @ 6:13 pm By Tony Zerucha  |  

This week, Tassat Group, a provider of private permissioned blockchain-based real-time settlement solutions, announced its strategic partnership with Veuu, an AI-powered healthcare fintech company, to improve the inefficiencies and opaqueness plaguing the healthcare claims and payment process. Leveraging Tassat’s smart contract capabilities, this collaboration empowers… Read More