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

September 19, 2024 @ 5:11 am By Omar Faridi  |  

ASIC expands operational resilience guidance for market participants. ASIC (in Australia) has officially released a letter to market participants “outlining technological and operational resilience guidance, clarifying how to identify critical business services and notification of a major event.” The guidance relates to the technological and… Read More

September 18, 2024 @ 3:20 pm By JD Alois  |  

The US Federal Reserve, Federal Open Market Committee (FOMC), has decided to cut benchmark rates by 50 basis points – the first cut in four years. The Fed said it is not on any pre-set course but felt its restrictive policies had the desired impact… Read More

September 18, 2024 @ 12:30 pm By JD Alois  |  

In what may be a heated meeting of the House Financial Services Committee, SEC Chairman Gary Gensler is scheduled to testify next week in a hearing on the Oversight of the Securities and Exchange Commission. While the hearing memo nor prepared testimony is yet available,… Read More

September 18, 2024 @ 12:04 pm By JD Alois  |  

Today, the Digital Assets, Financial Technology, and Inclusion Subcommittee, part of the House Financial Services Committee, held a hearing on digital assets and its current regulatory environment. Entitled Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets, individuals testifying addressed the current… Read More

September 18, 2024 @ 11:05 am By JD Alois  |  

A recent report indicates that large financial institutions are adopting blockchain technology and leveraging digital assets.  According to the report shared by Blockchain Coinvestors, a fund of fund in the digital asset sector, over 50% of big finance already support or provide digital wallets, custody,… Read More

September 18, 2024 @ 10:49 am By JD Alois  |  

Fintech supporter Congressman Tom Emmer has sent a letter to the Chair of the SEC, Gary Gensler, asking the Commission to clarify the “regulatory classification of digital asset airdrops.” The Chairman of the House Financial Services Committee, Patrick McHenry, has also added his support to the… Read More

September 18, 2024 @ 10:25 am By Omar Faridi  |  

Digital banking provider Tyfone announced Bank3 selected its nFinia Digital Banking platform to provide commercial and retail account holders a more intuitive and engaging experience, while also streamlining and automating back-office processes. The bank’s future growth initiatives are focused “on a wide range of commercial… Read More

September 18, 2024 @ 7:49 am By Omar Faridi  |  

Euronext has reportedly acquired research and market data benchmarking provider Substantive Research. Euronext confirmed that it has acquired 100% of Substantive Research, a company that is providing in-depth transparency on product and pricing comparison “for investment research spend, market data and investment research content.” Founded… Read More

September 18, 2024 @ 7:47 am By Omar Faridi  |  

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, and Chainlink Labs, the primary contributing developer of Chainlink—the essential infrastructure for the tokenized asset economy—announced a strategic collaboration to offer a secure and compliant technology solution for banks… Read More

September 18, 2024 @ 7:46 am By Omar Faridi  |  

Konsentus announced that Konsentus’ European trusted data, Konsentus Verify, can now be accessed through an online portal, via a real-time API or a downloadable cache. Financial Institutions in the European Economic Area (EEA) can choose the delivery mechanism that best works for them. For open… Read More

September 18, 2024 @ 7:44 am By Omar Faridi  |  

Ctrl Alt, a financial engineering and tokenization platform with offices in the UK and Ireland, has officially launched in the UAE with an initial focus on the Emirate of Dubai. The company has already secured multiple partnerships, “including with Emirates NBD, with more public announcements… Read More