July 21, 2024 @ 2:36 pm By Tony Zerucha  |  

Propy, a real estate tokenization platform, and Parcl, a DeFi protocol built on real estate data, have announced a new strategic partnership. It will enhance the analytics of all on-chain real estate minted on PropyKeys using Parcl’s data integrations. Parcl and Propy revealed that more than $10 billion worth of… Read More

July 21, 2024 @ 2:30 pm By Tony Zerucha  |  

Fraudulent transactions in the first half of 2024 were up more than 73% year over year, and suspected fraudulent transactions increased by more than 84%, according to the 2024 Mid-Year Identity Fraud Review, released this week by AuthenticID, a provider of identity verification and fraud… Read More

July 21, 2024 @ 2:28 pm By Tony Zerucha  |  

Euroclear has acquired a 49% stake in Inversis, a global investment technology solutions provider and outsourced financial services. By the end of 2027, Euroclear will become the full owner of Inversis. The transaction is subject to customary closing conditions and regulatory approvals. Founded in 2001 and… Read More

July 21, 2024 @ 2:24 pm By Omar Faridi  |  

Yanki Onen, CEO and founder at wamo, is pleased to share a significant update, which is not only positive news for them, but also significant for their customer base. Yanki Onen revealed that wamo has “secured a $5 million growth-focused investment, and officially obtained their… Read More

July 21, 2024 @ 2:23 pm By Tony Zerucha  |  

Chainlink believes its new Chainlink Digital Assets Sandbox (DAS) will accelerate digital asset innovation within financial institutions. The company said Chainlink DAS is designed for financial institutions that want to quickly innovate and experience the potential of generating new revenue opportunities, increasing efficiencies and improving… Read More

July 21, 2024 @ 2:20 pm By Michael Wong  |  

Misr Digital Innovation, the investment arm of Banque Misr, has received approval from the Central Bank of Egypt to launch One Bank, the country’s first native digital bank. This marks a significant milestone in Egypt’s banking sector, as it embraces the latest technological advancements in… Read More

July 21, 2024 @ 12:50 pm By Omar Faridi  |  

To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech… Read More

July 21, 2024 @ 12:34 pm By Omar Faridi  |  

Stratyfy, a Fintech confronting bias in AI and optimizing credit risk decisions with transparent machine learning solutions, announced its partnership with Prism Data, a cash flow underwriting and data analytics platform. Prism Data enabled modern cash flow underwriting “that uses digital deposit account data to… Read More

July 21, 2024 @ 10:45 am By Omar Faridi  |  

New York-based Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. The investment round included participation “from existing investors… Read More

July 21, 2024 @ 9:22 am By Omar Faridi  |  

TIFIN, an AI and innovation platform for wealth, makes its international debut with the launch of TIFIN India. The launch of TIFIN India represents an important milestone “in TIFIN’s vision to take its expertise in both direct-to-consumer (DTC) and business-to-business (B2B) AI for wealth applications… Read More

July 21, 2024 @ 8:11 am By Omar Faridi  |  

It is now possible to pick up a packet of flour or a bottle of wine around the clock – including weekends – in the village of Freckenfeld (Rhineland-Palatinate, Germany). The local village store had been closed since May 2023 and was recently reopened with… Read More

July 20, 2024 @ 10:25 pm By Michael Wong  |  

BigPay, the digital financial services division of Malaysia-headquartered Capital A Bhd, has expanded its operations to Thailand. The e-wallet service, which offers features ranging from trip savings to seamless global payments and real-time currency exchange, aims to enhance financial inclusion in the region. The launch… Read More

July 20, 2024 @ 3:39 pm By Omar Faridi  |  

valantic FSA announced it has agreed with Nasdaq (Nasdaq: NDAQ) to develop Nasdaq Rates Trader, a new web-based user interface for Nasdaq’s Nordic and Baltic fixed income markets. The new UI will give access to Nasdaq’s data and trading functionality “with a modern and intuitive… Read More

July 20, 2024 @ 2:26 pm By Omar Faridi  |  

JTL-Software GmbH, a German e-commerce solution provider, and the Dutch financial services provider Mollie are entering into a strategic partnership. The long-term partnership is the result of collaboration “on individual projects since August 2023.” It enables integration of Mollie’s payment services “into JTL’s e-commerce solutions… Read More

July 20, 2024 @ 12:17 pm By Michael Wong  |  

Arta Finance, a US-headquartered digital family office for accredited investors, has secured approval to launch in Singapore, aiming to open its platform to Singaporean residents and other investors later this year. This move follows a significant expansion of Arta’s product offerings and team of industry… Read More

July 20, 2024 @ 11:33 am By Omar Faridi  |  

Cash App announces its integration with Google Play, giving consumers an alternative payment option when checking out on their Android smartphones or tablets. This partnership represents an opportunity to engage with a broad range of consumers, particularly in the gaming space. Pete Albers, Director of… Read More

July 20, 2024 @ 10:11 am By Omar Faridi  |  

Jifiti, a global embedded lending technology company, announced the release of its Tap Now, Pay Later technology, which enables consumers and business customers to “add their approved loan or credit funds into any digital wallet, including Apple Pay, via virtual card.” The customer can then… Read More

July 20, 2024 @ 9:28 am By Omar Faridi  |  

Following its entrance in other European Union countries, Mintos, the investment platform providing a range of alternative and traditional investment options, is now focused on continuing its European launch by making its entry in the Czech Republic investment ecosystem. Since its inception back in 2015,… Read More

July 20, 2024 @ 9:22 am By Michael Wong  |  

South Kora’s Financial Services Commission (FSC) announced early this week that new stringent regulations targeting illegal transactions involving virtual assets will be enforced. The new legislation, known as the Virtual Asset Users Protection Act, mandates virtual asset exchanges to report illegal activities to the financial… Read More

July 20, 2024 @ 8:12 am By Omar Faridi  |  

Aven, a technology company offering consumer credit cards backed by home equity,  announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven… Read More