November 10, 2024 @ 10:01 pm By Tony Zerucha  |  

SentBe, a Korean global FX total solutions provider, partnered with Visa to implement Visa Direct’s card transfer service, which allows for real-time overseas payment through Visa’s global payment network. SentBe is the first in the Korean fintech industry to implement a Visa Direct card transfer… Read More

November 10, 2024 @ 9:59 pm By Omar Faridi  |  

Stablecoins issuer Circle, which reported minting over $2 billion in stablecoin USDC in just the past few weeks, has explored how the intersection of AI and blockchain tech is expected to transform our understanding of work and finance, especially via the use of “autonomous” payments…. Read More

November 10, 2024 @ 9:55 pm By Omar Faridi  |  

As the US is expected to take a renewed “America First” stance with the presidential elections leading to Donald Trump being elected at the 47th US President, Eurocrowd stated that they recognize the various challenges and opportunities this presents for Europe. The statement was authored… Read More

November 10, 2024 @ 9:46 pm By Omar Faridi  |  

Denis Beau, the First Deputy Governor of the Banque de France noted recently the use of Artificial intelligence (AI) is on the rise and that the possibilities offered by this set of technologies seem “immense.” Beau added in a blog post from the Banque de… Read More

November 10, 2024 @ 9:44 pm By Tony Zerucha  |  

Donald Trump’s return to the White House raises concerns that he might seek significant influence over the central bank’s policy decisions, warns deVere Group CEO Nigel Green. Green spoke ahead of Federal Reserve Chair Jerome Powell’s end-of-meeting speech on Nov. 7. “There are fears that… Read More

November 10, 2024 @ 9:43 pm By Omar Faridi  |  

Jeremy Allaire, CEO and Founder at Circle, recently commented on the the ongoing development of solutions enabling more seamless USDC merchant payment acceptance. Allaire noted that a new solution called Drift Money integrates into existing Square point of sale systems, and dashboard apps for merchants…. Read More

November 10, 2024 @ 5:05 pm By Michael Wong  |  

Fintech companies from mainland China are increasingly choosing Hong Kong as the base for their headquarters, attracted by the city’s capital accessibility and a strong talent pool. These firms are leveraging Hong Kong’s strategic position to expand their operations into ASEAN markets. KN Group, a… Read More

November 10, 2024 @ 1:14 pm By Tony Zerucha  |  

Even if President-elect Donald Trump does not deliver on his pro-crypto election campaign statements, Chirp founder and CEO Tim Kravchunovsky believes related policies will still support the industry. “Those of us in Europe woke up this morning to a major crypto rally on the news… Read More

November 10, 2024 @ 1:12 pm By Tony Zerucha  |  

B2B embedded finance platform Toqio has signed an agreement with the global e-commerce company DSA. The partnership with the UK- and Hong Kong-based company is Toqio’s maiden step into logistics after establishing itself as a partner to corporate firms in the hospitality and pharmaceuticals sectors,… Read More

November 10, 2024 @ 1:09 pm By Omar Faridi  |  

KPMG has shared comments on the latest Bank of England monetary policy committee decision. Yael Selfin, Chief Economist at KPMG UK said that the Bank of England strikes a “balanced tone with [the recent] cut to the bank rate.” Selfin added that after a pause in… Read More

November 10, 2024 @ 1:08 pm By Michael Wong  |  

Pharos, a layer-1 blockchain network focused on hyper-parallelism, has completed an $8 million seed investment round. The funding was co-led by Lightspeed Faction and Hack VC, with SNZ Capital participating as a strategic anchor investor. Additional support came from Reforge, Dispersion Capital, Hash Global, Generative… Read More

November 10, 2024 @ 1:04 pm By Michael Wong  |  

Thailand has the potential to become a world-class digital hub, which could offer a lot of economic opportunities for the country, Digital Economy and Society Minister Prasert Jantararuangtong said. During Thailand Blockchain Week 2024 at Emsphere shopping mall in Bangkok, he noted that digital technology,… Read More

November 9, 2024 @ 8:04 pm By Omar Faridi  |  

LendingMetrics, the credit risk technology group, has secured a “significant” investment from LDC, the private equity investor which is part of Lloyds Banking Group, to help it scale its presence in the UK’s fast-growing decisioning software and data market. Founded back in 2010, LendingMetrics’ software… Read More

November 9, 2024 @ 7:58 pm By Omar Faridi  |  

Beechbrook, the specialist lower mid-market private debt manager, has announced the first close of its fourth UK SME Credit Fund, UK SME Credit IV LP, with commitments totalling £151 million (including separately managed accounts). A total of £40 million has been committed to the fund… Read More

November 9, 2024 @ 7:54 pm By Michael Wong  |  

Global digital payment and financial services firm Ant International is collaborating with industry partners to develop the MSME Sustainability Impact Scorecard (MSME S-Card). This pioneering digital solution aims to empower Micro, Small, and Medium Enterprises (MSMEs) in Asia to track their environmental and social impacts… Read More

November 9, 2024 @ 7:52 pm By Omar Faridi  |  

Gallagher Re has released the latest global Insurtech research report for Q3 2024. The 2024 Global InsurTech report series from the team Gallagher Re examines the fast-growing impact of Artificial Intelligence (AI) on the insurance technology industry, dissecting AI’s functions and processes within the (re)insurance… Read More

November 9, 2024 @ 7:42 pm By Omar Faridi  |  

Fenchurch Legal, a specialist in litigation funding for small and medium-sized UK law firms, has partnered with Altify, an alternative investment platform connecting investors with tokenized private market assets. This collab will now aim to offer investors access to Fenchurch Legal’s litigation funding investments via… Read More

November 9, 2024 @ 7:38 pm By Tony Zerucha  |  

Bitcoin surged to a record high of $75,060 on Tuesday night as growing confidence in Donald Trump’s return to the White House fueled investor excitement in the cryptocurrency space. The world’s most valuable digital asset has seen a remarkable rally, up more than 7% on… Read More

November 9, 2024 @ 7:25 pm By Tony Zerucha  |  

The term Artificial Intelligence (AI) is inescapable in Fintech today. It is often thrown around, with little knowledge of what it actually means. One certainty is it isn’t a cure-all for many of the issues affecting the industry. AI opens a host of questions, beginning… Read More

November 9, 2024 @ 5:34 pm By Omar Faridi  |  

Centralis Group, a global alternative asset and corporate services provider, today announced its acquisition of Admina Fund Services. Centralis explained that it partners with alternative investment firms and corporate organizations offering administrative, global expansion and governance solutions catered to clients’ unique requirements. Based in Luxembourg,… Read More