August 22, 2024 @ 9:10 pm By Omar Faridi  |  

PwC leverages Workday to help customers unlock Pillar Two data processing capabilities. Pillar Two framework mandates “a 15% global minimum tax on the earnings of multinational enterprises with consolidated revenues exceeding €750 million.” PwC announced a new data processing solution “that will help joint Workday… Read More

August 22, 2024 @ 9:09 pm By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to the world’s most successful law firms, and Brightflag, the AI-powered e-billing and matter management platform for in-house legal teams, have launched a new integration which seamlessly connects two of the legal industry’s legal invoicing… Read More

August 22, 2024 @ 9:07 pm By Omar Faridi  |  

The team behind Story Protocol is announcing $140M in total fundraising to build Story, which is described as the world’s IP blockchain. As explained by the Story Protocol developers, Intellectual property (IP) is one of the world’s biggest asset classes. Training data, AI models, memes,… Read More

August 22, 2024 @ 4:28 pm By JD Alois  |  

Honeycomb Credit, a FINRA-regulated funding portal that enables smaller firms to raise growth capital, has launched Apps for iOS and Google Play – thus serving both iPhone and Android Devices. Honeycomb Credit enables small businesses to issue debt securities for growth capital. Recently, Honeycomb has… Read More

August 22, 2024 @ 4:15 pm By JD Alois  |  

Fintilect, a banking service provider serving both UK and US banks and other financial services firms, says it is now offering a new generation of “hyper-personalized banking solutions. The company claims that its platform will enable its clients to recognize and communicate with their individual… Read More

August 22, 2024 @ 4:02 pm By Omar Faridi  |  

Skyfire Systems, Incorporated announced the launch of the payment network built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. Skyfire creates an essential operating layer, “delivering critical missing components for AI commerce, including secure wallet… Read More

August 22, 2024 @ 3:55 pm By Omar Faridi  |  

Following the launch of Cuenta Nu this year, over 500,000 Colombians have started saving to achieve their financial goals using this product. One of the most popular features among customers has been the “Cajitas,” which allow people to set aside money for saving. So far,… Read More

August 22, 2024 @ 2:13 pm By Omar Faridi  |  

Cumula 3, a provider of cloud-based solutions for NetSuite, announces a strategic partnership with Paystand, a provider of B2B payment solutions. Cumula 3 will integrate Paystand‘s advanced payment platform into its “portfolio of software and services for NetSuite customers, enabling them to leverage simplified transactions,… Read More

August 22, 2024 @ 12:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is pushing to demand Climate Disclosure mandates for public firms. Climate Disclosure is part of a broader ESG agenda – infusing regulation with a social agenda. Having approved new rules, the new mandate is now being challenged in the… Read More

August 22, 2024 @ 11:45 am By JD Alois  |  

Faes & Co says its Income Fund is continuing to pay a 10% fixed return to investors. The Income Fund aims to generate stable returns by investing in short-term mortgages. Investors must commit $250,000 to earn the 10% rate. For investors less than that amount,… Read More

August 22, 2024 @ 11:33 am By Omar Faridi  |  

Revolut has noted that its secondary share sale provides liquidity “for employees, allowing them to realize their contribution” to the Fintech firm’s growth. As reported recently, the secondary share sale values Revolut at “a $45 billion valuation, cementing its position as the most valuable private… Read More

August 22, 2024 @ 10:32 am By JD Alois  |  

The Brazilian Securities and Exchange Commission (CVM) has now approved two Solana-based ETFs (SOL). The first was approved earlier this month, offered by a Brazilian asset manager QR Asset, according to reports. The second was approved this past week. Solana joins a global movement of… Read More

August 22, 2024 @ 10:15 am By JD Alois  |  

In 2020, the French Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) added OmegaPro and affiliated platforms to its “blacklist” of trading platforms that consumers should avoid. Unfortunately, that was insufficient to deter people from throwing good money… Read More

August 22, 2024 @ 8:45 am By Omar Faridi  |  

Pacaso, a marketplace for the co-ownership of vacation homes, claims that shares of its properties have significantly outperformed the broader luxury residential market in its key regions, according to a recent analysis by RCLCO, a real estate consulting and economics firm. The research study reveals… Read More

August 22, 2024 @ 8:42 am By Omar Faridi  |  

Traders may now enhance their experience by leveraging trading solutions via the latest Alpaca and QuantConnect integration. Alpaca is pleased to announce its integration with QuantConnect, an algorithmic trading platform “chosen by thousands of professional traders and quants.” Using this integration, Alpaca users can “design,… Read More

August 22, 2024 @ 8:00 am By Omar Faridi  |  

Switzerland’s SIX notes in a blog post that the market launch of instant payments in the European nation has been announced. As explained in the update shared by SIX, instant payments were “launched in the Swiss market on 20 August 2024.” Around 60 financial institutions… Read More

August 22, 2024 @ 7:58 am By Omar Faridi  |  

Bitpanda and Coinmotion have revealed a new partnership. Coinmotion is a crypto broker operating in the Nordic region. Bitpanda is a successful Austrian firm that has expanded its reach into services beyond crypto and other countries. Bitpanda Technology Solutions will be utilized by Coinmotion to… Read More

August 22, 2024 @ 7:12 am By Omar Faridi  |  

InvoiceASAP, a provider of invoicing as well as payment solutions for small and medium-sized businesses (SMBs), has reportedly partnered with global Fintech Adyen, the financial technology platform of “choice” for businesses, in order to level up their deposit experience by providing users with instant access… Read More

August 22, 2024 @ 6:49 am By Omar Faridi  |  

Northern Trust is partnering with Greenlight Financial Technology in an effort to help families the  build healthy financial futures. Northern Trust clients now have complimentary “access to Greenlight’s family finance app and debit card, available through the Greenlight for Banks program.” Research conducted by the… Read More

August 21, 2024 @ 6:22 pm By Omar Faridi  |  

In response to increasing market demand for tokenized real-world assets from fund issuers and investors, Provenance Blockchain Labs (ProvLabs), a blockchain development company building a modern financial services operating system with the dApps and expertise TradFi needs to digitize trillions of dollars of assets on… Read More