September 19, 2024 @ 9:44 pm By Omar Faridi  |  

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global value received between July 2023 and June 2024. This, according to an update from Chainalysis. Chainalysis noted that the region received “more than $400 billion in on-chain… Read More

September 19, 2024 @ 9:41 pm By Omar Faridi  |  

Taurus is pleased to announce a strategic partnership with the Qatar Financial Centre (QFC) Authority as part of the QFC Digital Assets Lab. This strategic collaboration reinforces Taurus’ commitment “to better serving banks and financial institutions across Qatar and the Middle East, delivering tailored digital… Read More

September 19, 2024 @ 3:45 pm By Omar Faridi  |  

Equifax (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud™-based data network to help provide greater visibility into the financial profiles of U.S small businesses. Designed to give lenders and service providers the “increased confidence they need to extend capital in a… Read More

September 19, 2024 @ 1:35 pm By Tony Zerucha  |  

This past week, Open Banking Limited announced that the Competition and Markets Authority has officially confirmed the full completion of the final Roadmap for Open Banking. This milestone, building on the “substantial completion” announced in 2023, means that all nine banking providers mandated by the… Read More

September 19, 2024 @ 11:40 am By JD Alois  |  

Fintech Raisin is a savings platform that streamlines the process of uncovering the best savings rates on the market. Yesterday, the US Federal Reserve slashed benchmark rates by 50 basis points – a larger move than many expected. Today, markets are rallying as observers believe… Read More

September 19, 2024 @ 11:28 am By JD Alois  |  

Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA aims… Read More

September 19, 2024 @ 10:59 am By JD Alois  |  

Rari Capital has settled charges by the Securities and Exchange Commission (SEC), which claims the firm engaged in unregistered crypto offerings, misleading investors and acting as an unregistered broker. This is another victory in the SEC’s ongoing battle with digital asset firms and offerings that… Read More

September 19, 2024 @ 10:01 am By Omar Faridi  |  

Hemi Labs has announced a $15 million investment round to develop and launch the Hemi Network. Hemi is a modular blockchain network built on Bitcoin and Ethereum, “designed to deliver superior scaling, security, and interoperability.” The Hemi incentivized testnet is now live, and its mainnet… Read More

September 19, 2024 @ 9:54 am By Omar Faridi  |  

Brex, the corporate card and spend management platform for startups and enterprises, announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards. By integrating with providers across categories like… Read More

September 19, 2024 @ 9:35 am By Omar Faridi  |  

Mesh, the modern connectivity layer for crypto that makes transfers and account aggregation seamless, is thrilled to announce its strategic partnership with CoinMENA FZE, a digital assets trading platform in the Middle East. This collaboration aims to enhance digital asset transfer services by “allowing CoinMENA’s… Read More

September 19, 2024 @ 9:18 am By Omar Faridi  |  

 Capchase, a provider of revenue acceleration solutions for SaaS, is announcing a strategic partnership with Stripe, a financial infrastructure platform for businesses. This partnership makes Capchase’s buy-now-pay-later (BNPL) solution “available within Stripe.” This marks Stripe’s first-ever B2B BNPL payment method “offering in the U.S. market.”… Read More

September 19, 2024 @ 9:13 am By Omar Faridi  |  

Oracle announced Oracle Financial Crime and Compliance (FCCM) Management Monitor Cloud Service. With the new solution banks, fintechs, and other financial services companies can “gain a holistic, centralized view of their FCCM efforts, enabling them to identify potential issues faster and, proactively manage risk to… Read More

September 19, 2024 @ 9:06 am By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure, has launched a new out-of-box feature that enables crypto-asset service providers (CASPs) active in the European Union (EU) to comply with the upcoming sustainability requirements of the Markets in Crypto-Assets (MiCA) regulation. MiCA was introduced to implement “uniform EU… Read More

September 19, 2024 @ 9:01 am By Omar Faridi  |  

USDC and CCTP are coming to Sui, according to an update from stablecoin issue Circle. Circle is pleased to confirm that “native USDC and Cross-Chain Transfer Protocol (CCTP) are coming soon to Sui.” Sui is a layer-1 (L1) blockchain that “offers fast, secure, scalable, and… Read More

September 19, 2024 @ 8:59 am By Omar Faridi  |  

Orb, the modern billing platform reimagining how businesses monetize software, today announced $25M in Series B funding led by Mayfield, with participation “from existing investors Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures and new investor Uncorrelated Ventures.” The new round brings… Read More

September 19, 2024 @ 8:58 am By Omar Faridi  |  

Sumsub announces the integration of its Travel Rule solution with the Sygna Travel Rule protocol to allow its crypto and fintech clients to communicate with the Virtual Asset Service Providers (VASPs) in the Sygna ecosystem, particularly with those in Japan and Taiwan. The added protocol… Read More

September 19, 2024 @ 8:56 am By Omar Faridi  |  

Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB) has signed a strategic cooperation agreement with TerraPay, a global money movement company. This collaboration will bring digital payment solutions and data capabilities “to help MSB enhance efficiency and offer the best payment service experience to customers… Read More

September 19, 2024 @ 8:54 am By Omar Faridi  |  

BlueFlame AI, a provider of generative artificial intelligence (Gen AI) solutions for the alternative investment management industry, announced the launch of Nexus. The innovative AI-powered solution is designed to transform the way firms “find, analyze, and report on the unstructured data contained within their various… Read More

September 19, 2024 @ 7:31 am By Omar Faridi  |  

WisdomTree, Inc. (NYSE: WT) has launched a new platform that aims to unlock tokenized real-world assets (RWA) access to users. The vision for WisdomTree Connect is to enable customers over time “to interact with any WisdomTree-issued token, in any wallet, across supported blockchains.” WisdomTree Connect marks… Read More

September 19, 2024 @ 6:36 am By Omar Faridi  |  

French fintech company Market Pay, a pan-European payment platform, is launching a new point of sale software payment solution. The solution stands out by its ability to “offer a single app available both for terminal and smartphone payments.” It therefore can be used for “all… Read More