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

August 21, 2024 @ 4:38 pm By Omar Faridi  |  

PostFinance notes in a recent update that the receipt of instant payments now possible. No more waiting for your money: instant payments are here. PostFinance customers can “now receive money transfers in real time – 24/7, 365 days a year.” According to a blog post… Read More

August 21, 2024 @ 4:37 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced the addition of Kobalt Labs, an AI-powered copilot for risk and compliance teams, to the Treasury Prime Partner Marketplace. Banks in Treasury Prime’s network now have “the option to leverage Kobalt Labs to better manage their third… Read More

August 21, 2024 @ 4:36 pm By Omar Faridi  |  

PXP Financial, the firm focused on global payment services announced its participation in the Zebra PartnerConnect program. Zebra Technologies says it is an innovator “at the front line of business with solutions and partners that create new ways of working.” PXP Financial joins as an… Read More

August 21, 2024 @ 1:05 pm By Omar Faridi  |  

State Street Corporation (NYSE: STT) and Taurus SA, a global firm focused on digital asset infrastructure, has announced a strategic agreement seeking to deliver digital assets capabilities for State Street Bank and Trust Company clients. The agreement will further enhance State Street Digital Asset Solutions,… Read More

August 21, 2024 @ 1:03 pm By Omar Faridi  |  

Støtte, a platform designed to make it easier for sports associations and humanitarian organizations to receive support, announces its introduction of open banking with Neonomics. Støtte allows supporters to make micro-donations “with every financial transaction they make. Neonomics has worked closely with Støtte to connect… Read More

August 21, 2024 @ 1:01 pm By JD Alois  |  

Prometheum Ember Capital LLC, a subsidiary of Prometheum Inc., says it has added digital asset securities Uniswap (UNI) and Arbitrum (ARB) to its custodial platform.  Prometheum Capital is a FINRA-regulated special-purpose broker-dealer for digital assets. Customers of Prometheum will now be able to custody Ethereum… Read More

August 21, 2024 @ 12:53 pm By JD Alois  |  

Regulation Crowdfunding (Reg CF) was initially pigeonholed as a new exempt offering for smaller private firms to raise equity capital, so much so that many people described securities crowdfunding as “equity crowdfunding,” a term that is not really accurate. Today, private firms pursue online capital… Read More

August 21, 2024 @ 10:40 am By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), a firm focused on Cloud banking for the global financial services industry, announced that ABN AMRO, one of the largest banks in the Netherlands, is live on nCino’s Cloud Banking Platform. ABN AMRO selected nCino as “a key technology platform to… Read More

August 21, 2024 @ 10:28 am By Omar Faridi  |  

TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions. Together, these operators serve millions of wallet users, “spanning regions… Read More

August 21, 2024 @ 10:16 am By Tony Zerucha  |  

Last week, Abrigo, a provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced survey results revealing how Americans feel about financial fraud, their fears about AI’s impact on fraud, and some enduring misconceptions. The vast majority of Americans (90%) are… Read More

August 21, 2024 @ 10:15 am By Omar Faridi  |  

Nomentia, a European firm focused on treasury and cash management solutions, is becoming one of the first vendors to provide Swift’s Business Connect service to its current and future clients. This service empowers Nomentia clients with seamless Swift connectivity, “supported by Nomentia’s dedicated and comprehensive… Read More

August 21, 2024 @ 9:58 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the strengthening of its global strategic partnership with Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to “accelerate guest checkout flows for its enterprise and… Read More

August 21, 2024 @ 9:54 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Corn, a platform that claims to be the first super yield network built around Bitcoin. Corn is an Ethereum Layer 2 network focused on establishing a decentralized finance (DeFi) hub for Bitcoin…. Read More

August 21, 2024 @ 9:50 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, is pleased to announce the integration of Apple Pay and Google Pay into their platform’s payment system. Both integrations enable users to convert fiat to crypto within 30 seconds, “aligning with Bitget’s ongoing efforts to provide secure, efficient,… Read More

August 20, 2024 @ 10:43 pm By Omar Faridi  |  

Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced a new bundle of features for Automated Clearing House (ACH) transactions. These features use Generative AI (GenAI) and machine learning (ML) to “help banks,… Read More

August 20, 2024 @ 10:41 pm By Tony Zerucha  |  

SentBe is preparing to launch its individual small-scale overseas remittance service globally. The move follows the launch of SentBiz KRW Collection for businesses needing Korean Won collection and multi-currency settlements within the Korean market. Targeting those who need to send money outside of their country,… Read More

August 20, 2024 @ 8:44 pm By Omar Faridi  |  

Valverde Investment Partners, a Singapore-based independent investment management firm specializing in ASEAN equities, has appointed global Fintech Broadridge Financial Solutions, Inc. (NYSE: BR) to enhance its portfolio management, trade order management, and risk analytics processes. This enhancement will support Valverde’s newest fund launch and “strengthen… Read More

August 20, 2024 @ 3:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has settled charges against Equiniti, a transfer agent, for losing clients’ money. Equiniti has paid $850,000 in a civil penalty to settle the charges. According to the SEC, Equiniti was the target of a “threat actor” who pretended to… Read More

August 20, 2024 @ 3:09 pm By JD Alois  |  

bettervest GmbH, a mission-driven online capital formation platform, is raising money on Crowdcube. Based in Germany, bettervest focuses on funding projects in the sustainability sector. According to the offering page, bettervest is looking to raise €200,000 at a pre-money valuation of €6 million. To date,… Read More