November 16, 2024 @ 4:29 pm By Omar Faridi  |  

A new study on crypto investors has examined who is actually investing and what is important to them. As noted in an update from PostFinance, cryptocurrencies are here to stay, which is why they wanted to learn more about how “crypto investment behavior is developing… Read More

November 16, 2024 @ 4:27 pm By Omar Faridi  |  

Starling Bank is aiming to simplify saving with the launch of Easy Saver, a savings account linked to a Starling personal current account. This account offers “penalty-free, immediate” withdrawals, as well as an interest rate of “4% AER / 3.92% GROSS” variable on balances “up… Read More

November 16, 2024 @ 4:24 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has launched with Staples, a firm focused on workspace products and solutions. Staples customers can spread the cost of their vital office supplies with Klarna’s Pay in 4 or Financing options, or “pay in full” with… Read More

November 16, 2024 @ 4:13 pm By Michael Wong  |  

Global card payment processor Visa (NYSE:V)has made strategic investments in four African startups—Ghana’s Oze, Nigeria’s Orda, and Kenya’s WorkPay and OkHi—following their participation in the company’s Africa Fintech Accelerator program. The initiative, launched in 2023, is part of Visa’s broader commitment to invest $1 billion… Read More

November 15, 2024 @ 3:26 pm By Omar Faridi  |  

Continuing Life retirement communities in California, marks two years of partnership with DailyPay – a worktech company and leading provider of earned wage access (EWA). Continuing Life retirement communities recognizes the importance of providing a good workplace for their team members – supporting, training, and… Read More

November 15, 2024 @ 11:56 am By Omar Faridi  |  

Solana (SOL) and Base are leading interest in chain-specific narratives this year, according to an update from CoinGecko. The Solana ecosystem has maintained its lead as the “most popular” blockchain ecosystem this year, accounting for “38.8% of global crypto investor interest in chain-specific narratives.” CoinGecko… Read More

November 15, 2024 @ 11:54 am By Omar Faridi  |  

Infura’s Decentralized Infrastructure Network has reportedly launched as an EigenLayer AVS. A year after revealing its list of providers building the public infrastructure for an improved internet, Consensys and Infura’s Decentralized Infrastructure Network (DIN) is handling requests “across a dozen blockchain networks.” Recently, DIN unveiled… Read More

November 15, 2024 @ 11:45 am By JD Alois  |  

The past few years at the Securities and Exchange Commission (SEC) have been tough for innovators during the tenure of Chairman Gary Gensler. When Gensler was selected to lead the top financial regulator, hopes were high that his extensive experience in markets and understanding of… Read More

November 15, 2024 @ 9:51 am By JD Alois  |  

The UK government has announced that the issuance of Gilts will be tested on distributed ledger technology (DLT) in a forthcoming pilot. If the UK issues government bonds using blockchain technology, this could transform how public authorities issue and manage debt offerings. In a speech… Read More

November 15, 2024 @ 9:29 am By JD Alois  |  

While stablecoins should not be a contentious issue as they are effectively a new form of payments, upgrading the current slower and more costly process, Congress has been unable to pass legislation that creates a regulated path for stablecoin issuers. The dominance in the US… Read More

November 15, 2024 @ 9:14 am By JD Alois  |  

The Unicorn Kingdom Pathfinder Awards (UKPA) winners have been announced. Four tech scale-up companies were recognized yesterday at a ceremony hosted by the Department of Business and Trade (DBT). The winners will also participate in a roundtable at No 10 in the near future. Enabling innovation and investment is… Read More

November 15, 2024 @ 8:51 am By Omar Faridi  |  

Schroders welcomes the Mansion House proposals unveiled by UK Chancellor of the Exchequer Rachel Reeves, designed to drive growth and competitiveness in financial services. As part of the reforms, the Chancellor revealed measures to merge Local Government Pension Scheme assets and consolidate Defined Contribution (DC)… Read More

November 15, 2024 @ 6:34 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform for global companies, announces the expansion of its partnership with Zalando, Europe’s online multi-brand fashion destination. This collab reinforces Adyen’s role as one of Zalando’s payment partners in  European markets, while becoming the payment partner for local payment methods… Read More

November 15, 2024 @ 6:33 am By Omar Faridi  |  

=   A total of 11,808 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were reportedly announced in the Asia-Pacific region during January to October 2024, which was a YoY decline of “4.8% compared to the 12,406 deals announced during the same period… Read More

November 14, 2024 @ 11:11 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, revealed the results of its annual Future Finance survey which analyzes the interests, market sentiment and behavior of investors active in the crypto market. Conducted among 400+ respondents in 27 countries possessing an average of 10+ years of investment… Read More

November 14, 2024 @ 11:10 pm By Omar Faridi  |  

Assetz Capital, a funder in the SME residential development market, recently announced a significant milestone with the launch of its new 9.35% development finance rate, aimed at providing house builders, brokers, and landowners with a financing solution “up to 70% LTGDV UK wide.” Credit decisioning… Read More

November 14, 2024 @ 9:29 pm By Omar Faridi  |  

SEB Embedded, the banking-as-a-service (BaaS) platform of Tier 1 Swedish bank SEB, chooses Thought Machine’s cloud-native core banking platform, Vault Core, to power its new BaaS offering. Using Vault Core, SEB Embedded launched a banking service for its first client, Hemköp, one of Sweden’s supermarket… Read More

November 14, 2024 @ 9:21 pm By Omar Faridi  |  

DTCC’s FICC reportedly enhances VaR calculator capabilities, as firms Prepare for the U.S. Treasury Clearing Requirements. New Cross Margining and Repo calculator functionalities will enhance Users’ understanding of risk management and margin requirements. The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for… Read More

November 14, 2024 @ 9:14 pm By Omar Faridi  |  

Amundi, the European asset manager, announces the launch of Amundi Private Markets ELTIF, an evergreen solution enabling savers to access investment opportunities in European private markets while supporting transitions. Interest in private market investment products is reportedly continuing to “grow in all markets.” Institutional investors,… Read More

November 14, 2024 @ 4:35 pm By JD Alois  |  

Polymarket, a prediction marketplace that got the outcome of the Presidential election right, is garnering the scrutiny of the Feds due to its accuracy. According to multiple reports, the Federal Bureau of Investigation (FBI) raided Polymarket founder and CEO’s apartment, taking Shayne Coplan’s mobile phone… Read More