January 29, 2025 @ 12:46 pm By JD Alois  |  

The Senate Banking Committee has posted its list of witnesses for next week’s hearing on the Debanking that took place during the Biden Administration. The following individuals will be sharing their experiences in regard to losing access to the banking system: Nathan McCauley, CEO &… Read More

January 29, 2025 @ 12:15 pm By Omar Faridi  |  

Nisum, a Silicon Valley-based technology consulting partner, made a strategic move to expand its global footprint with a new business hub in Lima, Peru. This marks a significant milestone for the company and is a major boost for LatAm technology. Nisum’s expansion highlights the importance… Read More

January 29, 2025 @ 12:08 pm By Omar Faridi  |  

The turn of the year signifies new beginnings for the blockchain and crypto space, and Ripple claims that it has hit the ground running with advances to its cross-border payments solution. Additionally, Ripple said in a blog post that industry players across the US are… Read More

January 29, 2025 @ 12:04 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN), provider of a cryptocurrency trading and investing platform, is expanding its global presence to Argentina, as part of its mission to support economic freedom worldwide. This move is designed to increase access to cryptocurrency services for millions of Argentinians. To operate in Argentina, Coinbase… Read More

January 29, 2025 @ 12:00 pm By JD Alois  |  

Online investment platform OurCrowd has once again been recognized as the most active venture investor in Israel – which remains a hot startup market. OurCrowd noted that this is the 11th year in a row that it has been recognized as Israel’s most active venture… Read More

January 29, 2025 @ 10:07 am By JD Alois  |  

LendingClub (NYSE:LC), a digital bank, reported Q4 earnings yesterday, touting a rise in loan originations by 13%, an increase in revenue of 17%, and growth in total assets of 20% when compared to Q4 of 2023. While revenue rose, net income declined quarter over quarter… Read More

January 29, 2025 @ 9:46 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is holding steady around the $100,000 mark as investors await the Federal Open Market Committee (FOMC) meeting. After a modest 3-4% correction on Tuesday (January 28), the leading cryptocurrency rebounded, reflecting cautious optimism among investors ahead of key policy remarks…. Read More

January 29, 2025 @ 8:11 am By JD Alois  |  

Lloyds Banking Group is expected to close over 130 bank branches as it continues to downsize due to fewer customers utilizing physical locations. In a report by SkyNews, Lloyds Banking Group is said to be shuttering 61 Lloyds, 61 Halifax, and 14 Bank of Scotland locations beginning in… Read More

January 29, 2025 @ 7:50 am By Omar Faridi  |  

A London-based financial services startup, Stenn Group, has reportedly entered administration, leaving creditors facing losses of over £100 million. The company, which specialized in invoice finance, had been under investigation by HSBC, its lender, following allegations of links to a Russian money laundering case. As… Read More

January 29, 2025 @ 7:49 am By Omar Faridi  |  

Vyne, a London-based real-time account-to-account payments platform, has announced that it will be winding down its UK operations effective April 22. This decision comes just months after Vyne was acquired by Tarabut, a Middle Eastern fintech company. According to a statement released recently on Vyne’s… Read More

January 29, 2025 @ 7:47 am By Omar Faridi  |  

Revolut, a London-based digital banking platform, is venturing into commercial real estate lending, capitalizing on signs of a potential market resurgence, according to a report from Bloomberg. To spearhead this new initiative, Revolut has appointed Duncan Batty, formerly of M&G Investments, where he led the… Read More

January 29, 2025 @ 7:46 am By Omar Faridi  |  

LSEG announces the launch of LSEG Research & Insights available through a new app on LSEG Workspace. This app provides a way to access LSEG’s range of research and insights in one centralized location. It will aim to serve as a “one-stop shop” for insights… Read More

January 29, 2025 @ 5:40 am By Omar Faridi  |  

The South Pacific Stock Exchange (SPX) of Fiji and the PNGX Group Limited (PNGX Group) of Papua New Guinea have reaffirmed their commitment to fostering innovation and sustainability in the capital markets of the South Pacific region. The two exchanges have entered into a Memorandum… Read More

January 28, 2025 @ 11:33 pm By Omar Faridi  |  

Lunar launches crypto in Norway via Lunar Block, a Scandinavian crypto trading platform that allows users to buy and sell crypto -assets directly through the Lunar app. The launch offers Norwegians with a way to explore the world of crypto while “managing their traditional financial… Read More

January 28, 2025 @ 10:32 pm By Omar Faridi  |  

Nuvei Corporation, the Canadian fintech company, announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license enables Nuvei to progress with launching direct acquiring capabilities… Read More

January 28, 2025 @ 10:22 pm By Omar Faridi  |  

Shanghai Commercial Bank (SCB) and Planto, a digital banking solution provider headquartered in Hong Kong, have joined forces in order to leverage fintech to enhance banking experiences for SMEs operating in Hong Kong. Through this collab, SCB and Planto have developed a suite of e-banking… Read More

January 28, 2025 @ 9:26 pm By Omar Faridi  |  

Derivative Path, Inc., a provider of capital markets technology and derivatives execution services, announced a partnership with Wells Fargo, to enhance the payments capabilities available to banks. Leveraging Wells Fargo’s FX Payment APIs integrated with Derivative Path’s platform, this initiative is designed to work within… Read More

January 28, 2025 @ 8:30 pm By Omar Faridi  |  

KPMG in India and The Hashgraph Group (THG), a Swiss-based international business, venture capital, and tech company operating within the Hedera ecosystem, announced an alliance. The alliance is expected to see KPMG in India and The Hashgraph Group AG (THG) collaborating to “enable and advance blockchain… Read More

January 28, 2025 @ 8:25 pm By Omar Faridi  |  

Brightflag launches Matter Updates to further its goal of providing in-house professionals with complete visibility into legal work and spend. Ian Nolan, founder and CEO of Brightflag said: “To effectively deliver legal services, it’s essential that in-house leaders understand how legal work is progressing. Matter… Read More

January 28, 2025 @ 8:21 pm By Omar Faridi  |  

Bitpanda has reportedly become one of the first major crypto firms to secure a MiCA (Markets in Crypto-Assets Regulation) license. Issued by Germany’s Federal Supervisory Authority (BaFin), this milestone reinforces Bitpanda’s goal to remain secure and compliant while offering crypto services. This achievement marks the… Read More