June 11, 2024 @ 9:41 am By Nick Morgan  |  

Navigating the Future of Innovation with Lou Kerner: Insights from CryptoOracle Collective In a recent episode of Capital Ideas, hosts Nick Morgan and Dara Albright welcomed Lou Kerner, founder of the CryptoOracle Collective and Crypto Mondays. The discussion delved into the challenges and opportunities facing… Read More

June 11, 2024 @ 8:33 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts of three iconic brands: Argos, Habitat and TU. Shoppers will be able to choose “from Klarna’s three interest free payments;… Read More

June 11, 2024 @ 8:30 am By Omar Faridi  |  

Earlier this year, Ripple announced its intent to acquire Standard Custody & Trust Company, an enterprise-grade regulated custodian for digital assets. The acquisition received the “necessary regulatory approvals” and is now complete. This is a new chapter for Ripple to strengthen its existing product offerings… Read More

June 11, 2024 @ 8:27 am By Omar Faridi  |  

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest is to introduce the new version of Cora during London Tech Week and will “be one the first banks in the UK to deploy generative… Read More

June 11, 2024 @ 8:26 am By Omar Faridi  |  

Tandem Bank reveals that it has delivered a second year of profitability as increasing numbers of mainstream consumers choose the Bank to help reduce their carbon footprint while saving money. Tandem’s savings products are described as “a smart and secure home for savers’ money.” They… Read More

June 11, 2024 @ 6:45 am By Tony Zerucha  |  

AU10TIX, a provider of identity verification and management, this week released its Q1 2024 Global Identity Fraud Report. Drawing insights from millions of transactions processed around the globe from January to March 2024, the report uncovers significant trends in large-scale organized identity fraud. Most notably, the online gaming industry’s share… Read More

June 11, 2024 @ 6:23 am By Omar Faridi  |  

Conversational AI provider boost.ai announced Credit Union of Colorado and Desert Financial Credit Union (DFCU) as new customers alongside a partnership with Pindrop, industry participants focused on voice security solutions. The news reinforces the company’s continued growth in “the US market, following its recent launch… Read More

June 10, 2024 @ 11:44 pm By Omar Faridi  |  

A survey of more than 21,000 people in Spain, the “first of its kind” to give a voice to Worldcoin users, shows just how “important” digital proof of humanness has “become in the country—and the extent to which people recognize the value provided by World… Read More

June 10, 2024 @ 11:42 pm By Omar Faridi  |  

M^0, which is described ss a “decentralized” infrastructure layer for the issuance of cryptodollar assets, announced a Series A fundraise totaling $35 million, in conjunction with the deployment of the M^0 core protocol and on-chain governance mechanism on Ethereum Mainnet. The Series A investment round… Read More

June 10, 2024 @ 11:23 pm By Omar Faridi  |  

The Government in Australia reportedly introduced new consumer protection legislation for Buy Now Pay Later (BNPL) that will see BNPL operators “regulated as consumer credit.” Most BNPL products are “not currently covered by the National Consumer Credit Act (Credit Act) meaning these providers are not… Read More

June 10, 2024 @ 7:45 pm By Omar Faridi  |  

The FDIC has recently released a consent order made against a Tennessee banking institution as part of its publication of January 2024 Enforcement Decisions and Orders. The FDIC said that within 60 days of the effective date of the consent order, the banking institution needs… Read More

June 10, 2024 @ 5:39 pm By JD Alois  |  

An article in WSJ.com has taken aim at Regulation A, or the Reg A+ securities exemption used by firms to raise money online. Reg A+ is one of the securities crowdfunding exemptions available for businesses to pursue an online funding round. Reg A is joined… Read More

June 10, 2024 @ 4:22 pm By Omar Faridi  |  

Pathward, N.A., a national bank with 20 years of payments experience, announced the results of its research on executive perspectives on embedded finance – the integration of financial services into non-financial offerings. The survey of senior U.S. executives reveals that “while embedded finance is widely… Read More

June 10, 2024 @ 4:20 pm By Omar Faridi  |  

Monex USA, a partner in global payment, corporate FX, and currency risk hedging services, announced plans to integrate with Payments Exchange from Fiserv (NYSE: FI), a global provider of payments and financial technology. This integration will allow financial institutions “that utilize Payments Exchange to work… Read More

June 10, 2024 @ 4:02 pm By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use “to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule.” The rule identifies the… Read More

June 10, 2024 @ 2:22 pm By Omar Faridi  |  

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership to enable the deployment of a UPI-like real-time payments system in Peru. This collaboration marks a significant milestone, “making Peru the first country in South America to adopt… Read More

June 10, 2024 @ 11:56 am By JD Alois  |  

Space and space entrepreneurship is a hot sector of innovation. Beyond the high-profile space ventures being pursued by Elon Musk and Jeff Bezos, the “space economy” represents a significant opportunity for firms seeking to provide services or technology to advance space exploration and science. According… Read More

June 10, 2024 @ 10:13 am By JD Alois  |  

Last week, Chris Hemsley announced his exit as Managing Director of the Payment Systems Regulator (PSR). Replacing Hemsley is Interim Managing Director David Geale, who takes over today (June 10th). The PSR said that Hemsley was leaving the agency to become a director with Fingleton,… Read More

June 10, 2024 @ 9:30 am By Omar Faridi  |  

Trulioo, an identity platform with global coverage for person and business verification, announced a partnership with BDSwiss for Person Match and Watchlist Screening capabilities across EMEA, Asia and the Americas. The financial institution, which offers foreign exchange (forex) and “contract for difference” investment services to… Read More

June 10, 2024 @ 8:53 am By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) is introducing the Coinbase Advanced Trade Go SDK. The Advanced Trade Go SDK from Coinbase is described as being “a flexible sample application that allows customers to automate their crypto trading strategies on Coinbase Advanced.” This SDK is built on… Read More