October 2, 2024 @ 8:01 pm By JD Alois  |  

Cboe BZX Exchange has submitted a rule change request with the Securities and Exchange Commission (SEC) to allow it to trade shares of the Franklin Crypto Index ETF. The notice has been published to solicit feedback from interested parties. The document explains that the Fund’s… Read More

October 2, 2024 @ 7:50 pm By Omar Faridi  |  

Nearly four-fifths (77%) of organizations expect their cyber budget to increase over the coming year as organizations cite unpreparedness to an ever-expanding surface of cyber vulnerabilities, according to PwC’s 2025 Global Digital Trust Insights survey. The survey, which obtained key insigths from 4,042 business and… Read More

October 2, 2024 @ 7:48 pm By Omar Faridi  |  

Jon Purther, Director of Research at Payments Canada notes that a recent study from Payments Canada has revealed that one in five Canadian businesses experienced payment fraud in the past six months. Jon Purther of Payments Canada said that this is despite 63% of businesses… Read More

October 2, 2024 @ 7:47 pm By Omar Faridi  |  

In a development for the region’s digital commerce ecosystem, Bazzar Gate, an IT firm, has reportedly acquired $1 million in funding. This capital injection from the investment round is now expected to enabke the expansion of the firm’s e-commerce platform, Partners, which has gained traction… Read More

October 2, 2024 @ 7:20 pm By Omar Faridi  |  

PhonePe announced its partnership with Jar to launch its new product offering ‘Daily Savings’ on its platform, enabling users to save money in 24K digital gold via “incremental daily contributions.” With Daily Savings, users are able to set aside as little as ₹10 per day,… Read More

October 2, 2024 @ 7:17 pm By Omar Faridi  |  

Experian, the data and technology company, announced the completion of its A$820 million acquisition of consumer and commercial credit bureau, illion, in Australia and New Zealand. The acquisition and integration of illion’s 500 strong team, data, software and intellectual property into Experian will create a… Read More

October 2, 2024 @ 3:52 pm By Omar Faridi  |  

Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay. This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift. As… Read More

October 2, 2024 @ 3:22 pm By JD Alois  |  

Gurbir S. Grewal, the SEC Director of Enforcement, is exiting the agency, according to the SEC. Sanjay Wadhwa, currently the Deputy Director of Enforcement, will step in as acting Director in the interim. Wadhwa joined the SEC as a staff attorney in Enforcement in 2003…. Read More

October 2, 2024 @ 3:06 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo, a former AXIS Capital finance veteran and Deloitte alumna, to lead its finance team. According to the update from Insurtech Cowbell, Denise will be responsible for… Read More

October 2, 2024 @ 2:59 pm By Omar Faridi  |  

The World Economic Forum and GovTech Campus Deutschland opened the Global Government Technology Centre (GGTC) in Berlin recently, marking a key milestone for the Centre for the Fourth Industrial Revolution (C4IR) Network. The GGTC is the C4IR Centre focused on supporting GovTech solutions to accelerate… Read More

October 2, 2024 @ 2:52 pm By JD Alois  |  

Digital Asset, Euroclear, and The World Gold Council have completed a successful pilot of tokenizing gold, Eurobonds and gilt, according to a release. The test was completed with the assistance of big law firm Clifford Chance. Others supporting the project include investors, banks, custodians, and… Read More

October 2, 2024 @ 12:02 pm By Omar Faridi  |  

Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More

October 2, 2024 @ 11:42 am By Omar Faridi  |  

Jacobi Asset Management has reportedly chosen Zodia Custody for Bitcoin ETFs. Zodia Custody now becomes the primary custodian for Jacobi’s Bitcoin ETF, bringing robust risk controls along with regulatory compliance for institutional investors Zodia Custody, a which claims to be an “institution-first” digital asset custodian,… Read More

October 2, 2024 @ 10:19 am By JD Alois  |  

Michael Terpin, well known in the crypto sector, is reporting a legal win in his ongoing battle with AT&T and a SIM swap scam that saw him robbed of millions of dollars in value of crypto. SIM Swap scams involve someone having their phone taken… Read More

October 2, 2024 @ 10:10 am By JD Alois  |  

Described as a “Synthetic Blockchain Neobank,” Keabank, based in Cyprus, says it has integrated USD payments to its platform as it aims to expand the services it offers to its customers. Dollar-based payments are now available for both businesses and soon individuals to manage both… Read More

October 2, 2024 @ 9:55 am By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex…. Read More

October 2, 2024 @ 7:54 am By Omar Faridi  |  

Pension funds are delivering more sizeable returns than UK savers had been expecting with average annual growth during five years reportedly nearing 8% for those 30 years from retirement. This, according to an update from PensionBee. PensionBee’s Pension Performance Benchmark analysis, which has reportedly examined… Read More

October 2, 2024 @ 7:53 am By Omar Faridi  |  

LSEG (London Stock Exchange Group), a global financial markets infrastructure and data provider, releases a report, The Future of Wealth: Why Consistency Matters, highlighting the impact of Artificial Intelligence (AI) in wealth management. AI continues to transform the wealth management sector with 62% of wealth… Read More

October 2, 2024 @ 7:50 am By Omar Faridi  |  

Consumer financial technology company, Chime, which claims to offer the most “loved” banking app, announced that its fee-free overdraft feature, SpotMe, has covered its members with more than $30 billion in transactions since the product launched in 2019. SpotMe empowers everyday people to Unlock Financial… Read More

October 2, 2024 @ 7:45 am By Omar Faridi  |  

KPMG has recently shared insightful comments following the Money and Credit data from the update from the Bank of England. Karim Haji, Global and UK Head of Financial Services at KPMG, shared comments on the recent Money and Credit statistical release. Karim Haji from KPMG… Read More