September 23, 2024 @ 5:23 pm By Omar Faridi  |  

Akur8, the insurance pricing solution powered by transparent machine learning, is excited to announce its recent collaboration with Louisiana Workers’ Compensation Corporation (LWCC), Louisiana’s largest workers’ compensation carrier, dedicated to excellence in execution from underwriting to life-long care of an injured worker. LWCC has selected… Read More

September 23, 2024 @ 3:16 pm By JD Alois  |  

Online lender Biz2X says it has partnered with Watermelon Ecosystem. The platform provides services for restaurateurs and other F&B entrepreneurs in the MENA region. Biz2X will power business financing for businesses that use the Watermelon platform. Merchants selling inventory and other goods or services on… Read More

September 23, 2024 @ 3:04 pm By Omar Faridi  |  

Prove is launching the Prove Verified Users solution, a global identity verification solution that gives users peace of mind when interacting on digital marketplaces. Digital platforms can reassure users that they “are interacting with a verified individual, delivered by a trustworthiness indicator such as a… Read More

September 23, 2024 @ 2:36 pm By Omar Faridi  |  

Bluefin, the firm focused on delivering PCI-validated encryption and tokenization technologies that protect sensitive data and payments, announced it has partnered with Moneris Solution Corporation, a Canadian leader in innovative solutions for mobile, online, and in-store commerce. The agreement further enhances Moneris’ Point-to-Point Encryption (P2PE)… Read More

September 23, 2024 @ 12:32 pm By Omar Faridi  |  

Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch… Read More

September 23, 2024 @ 12:31 pm By Omar Faridi  |  

Ownera, a provider of tokenization interoperability networks based on the open FinP2P protocol, and Fnality, a financial market infrastructure bringing together the safety and institutional quality of central bank money with the functionality and resilience of blockchain technology, have announced a strategic partnership. This collaboration… Read More

September 23, 2024 @ 11:52 am By Omar Faridi  |  

Metro Bank is warning its personal and business customers against a rise in impersonation scams as part of its Scam of the Month awareness campaign. Consumers are being bombarded by phone, text or email from “trusted” organizations such as their bank, the police, HMRC, delivery… Read More

September 23, 2024 @ 11:00 am By Omar Faridi  |  

Revolut, the global financial technology company has announced it has reached ten million customers in the UK. Revolut’s largest market, and where the company was “founded in 2015 has added nearly two million UK customers so far in 2024 and continues to grow.” Revolut has… Read More

September 23, 2024 @ 10:58 am By JD Alois  |  

Switzerland-based digital asset bank Sygnum has received approval to operate under the Token and Trusted Technology Service Provider license from Liechtenstein’s financial services regulator, the Financial and Markets Authority (FMA). The license positions the bank to operate under the European Markets in Crypto-Assets (MiCA) regulations…. Read More

September 23, 2024 @ 9:13 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) says it has topped 2500 clients that are leveraging their Alternative Investment Product (AIP) . The AIP service is a centralized trading and reporting platform that connects the alt investments industry to exchange data. The service includes money settlement… Read More

September 23, 2024 @ 9:06 am By JD Alois  |  

CapitalRise is reporting that it has closed on an £8.22 million senior development loan in Wimbledon. The real estate investment platform says this most recent facility follows a robust summer that generated record activity on the property finance platform. As for the Wimbledon project, the financing… Read More

September 23, 2024 @ 8:47 am By Omar Faridi  |  

Solaris, Europe’s embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis). Solaris is reshaping into a stronger, “more resilient and agile organization that leads the market with innovative financial solutions.” As part… Read More

September 23, 2024 @ 8:41 am By Omar Faridi  |  

The Frankfurt am Main Public Prosecutor’s Office – Central Office for Combating Internet Crime (ZIT) – and the Federal Criminal Police Office ( BKA ) have shut down 47 exchange services hosted in Germany that were “being used for criminal purposes.” These were platforms on… Read More

September 23, 2024 @ 8:37 am By Omar Faridi  |  

LemonEdge, the fund accounting solution for private markets, has announced a strategic partnership with Eleven, an investor portal solution. This partnership marks a significant milestone “for both companies, combining LemonEdge’s innovative accounting capabilities with Eleven’s powerful platform for automating and streamlining the entire investor lifecycle,… Read More

September 23, 2024 @ 8:34 am By Omar Faridi  |  

Boerse Stuttgart Digital provides crypto infrastructure to DZ BANK, giving cooperative bank customers access to cryptocurrencies Safe and easy access to regulated cryptocurrency trading and custody services for retail customers. This is said to represent a key milestone for mass crypto adoption in Europe. As… Read More

September 23, 2024 @ 8:30 am By Omar Faridi  |  

Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research shared by Starling Bank. The data, from Starling Bank, found that over “a quarter… Read More

September 22, 2024 @ 7:39 pm By Michael Wong  |  

Malaysian Fintech major TNG Digital is exploring a potential domestic initial public offering (IPO) that could raise over $300 million within the next two to three years, according to two sources familiar with the matter, Reuters reported. The sources indicated that TNG Digital, which owns… Read More

September 22, 2024 @ 7:37 pm By Omar Faridi  |  

NatWest reports that it has completed a multimillion-pound funding deal with North East’s believe housing. NatWest notes that the £90 million funding package will aim to “support long-term growth plans for social housing association.” As stated in the announcement, believe housing has obtained a £90… Read More

September 22, 2024 @ 7:32 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has completed a £2m Revolving Credit Facility to Spy Alarms, an electronic security and fire system services business which installs, maintains and monitors intruder alarms, CCTV, fire safety systems and access control systems. The business was founded… Read More

September 22, 2024 @ 7:23 pm By Omar Faridi  |  

The monthly cost of homeownership may be more attainable than people think, according to a new report from real estate firm Zillow (Nasdaq: Z and ZG). But, it depends on where they live, the report from real estate company Zillow has revealed. According to a… Read More