December 22, 2024 @ 12:56 pm By Omar Faridi  |  

Independent Advisor Solutions Inc. —a wholly owned subsidiary of Wellington-Altus Financial Inc. —is pleased to announce a retail partnership with Apollo (NYSE: APO), a provider of alternative assets and retirement solutions. This latest collab aims to reinforce Independent Advisor Solutions’ dedication to forming deep relationships… Read More

December 22, 2024 @ 12:54 pm By Omar Faridi  |  

Obligate, the provider of blockchain-based capital markets infrastructure,  announced its go-live of private debt product listings on Archax, the UK-regulated digital asset platform. Via this partnership, Archax’s users can access digital debt securities issued on the Obligate infrastructure by firms from the traditional as well… Read More

December 22, 2024 @ 12:54 pm By Omar Faridi  |  

XTransfer, the B2B cross-border trade payments platform, and OCBC, the financial services group in SE Asia, have announced their latest partnership. OCBC China will now aim to leverage the OCBC Group’s regional network and resources in its major markets of Singapore, Hong Kong, Malaysia as… Read More

December 22, 2024 @ 12:53 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has reportedly finalized the planned acquisition of Recorded Future. Mastercard explained that the latest acquisition will now be enhancing its services offerings with threat intelligence and AI-powered, actionable analytics. In a blog post, Mastercard confirmed that it has now officially completed its… Read More

December 22, 2024 @ 12:50 pm By Omar Faridi  |  

Quai Network, a Layer 1 blockchain built for scalability and decentralized innovation, announces a partnership with Akash Network, a key player focused on decentralized cloud computing. This collab merges Quai’s “multi-shard” blockchain tech with Akash’s decentralized computing infrastructure to enhance blockchain performance, enable transaction efficiency,… Read More

December 22, 2024 @ 12:48 pm By Tony Zerucha  |  

Customers of the nation’s largest national bank brands have higher levels of confidence that they can meet their financial needs and support them in challenging times, which helps to improve customer satisfaction and increase trust. According to the J.D. Power 2024 U.S. National Banking Satisfaction… Read More

December 22, 2024 @ 10:05 am By Michael Wong  |  

Israeli Fintech company Morning is set to be acquired by Italian software firm TeamSystem for an estimated $150 million, according to sources cited by CTech. The sale represents a major milestone for Morning, which is best known for its “Green Invoice” SaaS platform offering invoicing… Read More

December 21, 2024 @ 7:37 pm By Tony Zerucha  |  

A recent study by ApeX ranked the top ten countries leading in blockchain and cryptocurrency technology, with Singapore taking the lead as a global hub for innovation. The study evaluated countries using a composite index, which reflects blockchain development and adoption through three core metrics: blockchain patents,… Read More

December 21, 2024 @ 5:36 pm By Tony Zerucha  |  

The following was provided by J.D. Power: As we approach the end of the year, the major storylines that have developed in the credit card industry are creating ripple effects through the entire financial landscape. Even as inflation has dropped to its lowest level since February… Read More

December 21, 2024 @ 4:34 pm By Tony Zerucha  |  

The recent unveiling of Google’s “Willow” quantum chip has ignited significant discussion throughout the ecosystem, sparking urgent questions about its implications for blockchain security. Quranium CEO Kapil Dhiman said readers must understand where we are in this rapidly evolving landscape and determine the necessary steps… Read More

December 21, 2024 @ 4:13 pm By JD Alois  |  

Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of peer-to-peer payments and transfers. The banks wanted to keep pace with competitors and decided… Read More

December 21, 2024 @ 3:29 pm By Tony Zerucha  |  

This past week, Vapi, a developer platform for deploying Voice AI agents, announced that it raised $20 million in Series A funding, led by Bessemer Venture Partners with participation from Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz. This investment will enable… Read More

December 21, 2024 @ 3:25 pm By Omar Faridi  |  

Bivial AG is pleased to announce the successful completion of its rebranding from Klarpay AG. According to Bivial AG, this latest transformation represents a “major” milestone in the company’s journey, aligning its identity with its vision to “become a global leader in comprehensive financial solutions… Read More

December 21, 2024 @ 3:22 pm By Tony Zerucha  |  

Paused rate cuts and full-blown currency wars await markets and investors in 2025, predicts deVere Group CEO Nigel Green. Investors should prepare for heightened volatility in global markets as much-discussed potential trade wars risk morphing into full-blown currency wars under Donald Trump’s leadership, Green warns…. Read More

December 21, 2024 @ 3:19 pm By Tony Zerucha  |  

One trend from 2024 that has vital implications for fintechs is the growing occurrence of ransomware hackers shifting their attention from production systems to backups. According to IDC research, ransomware targets backups to eliminate the possibility of data recovery. That maximizes the attack’s severity. More… Read More

December 21, 2024 @ 3:13 pm By Omar Faridi  |  

FalconX is pleased to be the first custodian to offer custody and staking support for Bittensor (TAO), providing institutional investors and ecosystem participants with secure, institutional-grade solutions for asset storage and earning staking rewards. This quick integration – completed in around two weeks – demonstrates… Read More

December 21, 2024 @ 3:11 pm By Omar Faridi  |  

Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of November 2024 was up as well by a significant 5.6%… Read More

December 21, 2024 @ 3:04 pm By Omar Faridi  |  

Tether, which claims to be the largest company in the digital asset industry with more than 350 million users, announced that it has entered into a definitive agreement to make a strategic investment of $775 million in Rumble (NASDAQ: RUM), a video-sharing platform and cloud… Read More

December 21, 2024 @ 3:02 pm By Omar Faridi  |  

The European Central Bank (ECB) has recently released the results of the latest study on the payment attitudes of consumers in the euro area. Despite the trend towards digital payments, the number of cash payments remains considerable this year, particularly for “small-value and person-to-person payments.”… Read More

December 21, 2024 @ 2:58 pm By Michael Wong  |  

Crypto derivatives platform Binance Futures has introduced the CGPT/USDT Perpetual Contract, highlighting the rising prominence of AI-focused cryptocurrencies in the digital asset landscape. The new offering allows traders to leverage ChainGPT token (CGPT) transactions up to 75x, with USDT as the settlement currency, adding to… Read More