November 17, 2024 @ 8:25 pm By Omar Faridi  |  

Earlier this week, Coinbase (NASDAQ:COIN) launched the Coinbase 50 Index: A Global Crypto Benchmark. Coinbase introduced the Coinbase 50 Index (COIN50), a benchmark representing the “top 50” digital assets listed on Coinbase Exchange that meet the index’s fundamental criteria for inclusion. Crypto traders are able… Read More

November 17, 2024 @ 6:12 pm By Omar Faridi  |  

CaixaBank Private Banking is launching a new service, “unique” in Spain, that reportedly aims to combine “agility” in portfolio construction with “maximum” personalization in advisory. CaixaBank Private Banking presented its service, Advisory GPS (Global Portfolio Strategy), which is said to bring together agility and efficiency… Read More

November 17, 2024 @ 6:09 pm By Omar Faridi  |  

Kaspersky is announcing the opening of its latest Transparency Center in Seoul, South Korea, reaffirming its commitment to delivering the best security assurance for its products and services. Located in the Kaspersky office, the new facility will provide “the company’s stakeholders with services ranging from… Read More

November 17, 2024 @ 6:08 pm By Omar Faridi  |  

Jeff Weinstein, a Product Specialist at Stripe, recently announced an innovative development for the AI community. Weinstein noted that Stripe’s launch of a new SDK is specifically designed for AI agents. Today(), @stripe is launching a SDK built for AI agents: – LLMs can call… Read More

November 17, 2024 @ 6:07 pm By Omar Faridi  |  

Christian Catalini, co-founder and chief Strategy Officer at Lightspark and founder of MIT Cryptoeconomics Lab (he was also previously the Co-Creator of the failed Diem / Libra projects), has shared his perspective on the United States debt, the proposal for a Bitcoin strategic reserve, and the calls to replace the current chair… Read More

November 17, 2024 @ 6:06 pm By Michael Wong  |  

FortiCard, a Singapore-based global Fintech firm, has announced the establishment of its subsidiary in the United States and the acquisition of a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) under the U.S. Department of the Treasury. This development marks… Read More

November 17, 2024 @ 6:04 pm By Michael Wong  |  

Dubai-based spend management platform Pemo announced raising $7 million in a Pre-Series A funding round. The investment comes as the company seeks to accelerate its growth in the Gulf Cooperation Council (GCC) region, including plans to expand into Saudi Arabia. The funding round was co-led… Read More

November 17, 2024 @ 6:02 pm By Omar Faridi  |  

The UK Fintech ecosystem has been ranked third in Q3 2024, despite decline in funding, according to an update from Tracxn. Fintech funding in countries across the globe continues to experience shifts in moment due to a wide range of factors including the rise of… Read More

November 17, 2024 @ 10:30 am By Omar Faridi  |  

XRP has surged to more than $1.10 following rumors of a potential Trump and Ripple CEO Brad Garlinghouse meeting. The crypto markets are also apparently reacting to possible leadership changes at the US Securities and Exchange (SEC) which may significantly impact cases brought against Ripple… Read More

November 16, 2024 @ 6:07 pm By Omar Faridi  |  

Nubank (NYSE: NU) clients who hold crypto-assets will be able to trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or Uniswap (UNI) for “digital dollars” USDC as well as vice versa. The feature, integrated with Nubank Cripto, now reportedly simplifies currency transactions via direct exchange. Also… Read More

November 16, 2024 @ 6:06 pm By Omar Faridi  |  

Unreleased data reportedly collated as part of Gemini’s 2024 Global State of Crypto Report shows that UK crypto-assets holders remained “undeterred” by market pressures, with 93% of current crypto owners at least “somewhat” likely to buy crypto within the next year. However, UK respondents continued… Read More

November 16, 2024 @ 6:04 pm By Omar Faridi  |  

PitchBook has released its latest Retail Fintech Report. The update highlights key developments in the fast-growing financial technology ecosystem. Deal value and count: In Q3, PitchBook pointed out in its report that retail fintech VC deal value and deal count both “retreated from Q2 levels.”… Read More

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