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

June 10, 2024 @ 8:48 am By Tony Zerucha  |  

This week, Turkish Fintech Papara, announced a partnership with DriveWealth. The union allows Papara’s 20 million users to invest in real-time in U.S. stocks on the Nasdaq and NYSE starting in October. Since 2020, the number of retail investors in Turkey has surged from 1.2… Read More

June 10, 2024 @ 8:39 am By Omar Faridi  |  

Visa (NYSE: V) recently released a new 2024 Consumer Segment Analysis report unveiling the top digital maturity trends shaping consumers’ financial behavior and how issuers “can keep pace with consumer expectations for seamless, secure digital payments.” Visa’s latest report, in collaboration with Ipsos, provides issuers… Read More

June 10, 2024 @ 8:33 am By Omar Faridi  |  

Revolut, the global fintech with over 8 million UK customers and 40 million globally, is  introducing Wealth Protection, which is described as an extra layer of in-app identity verification, designed to prevent thieves from accessing customer savings within the Revolut app. Wealth Protection will help… Read More

June 10, 2024 @ 8:30 am By Omar Faridi  |  

UK’s prime property finance firm CapitalRise has reportedly appointed Stuart Peel to its board of directors. Peel, who has been with CapitalRise since July of 2020, will also retain his present role as finance director of the firm. Before joining CapitalRise, Peel had spent several… Read More

June 10, 2024 @ 6:42 am By Tony Zerucha  |  

Zingly, described as a collaborative customer experience (CCX) platform, launched this week with a $10 million seed round. Participants included Dell Technologies Capital, WestWave Capital, Scribble Ventures, Formus Capital, Geekdom Fund, Array Ventures, Firebolt Ventures, Burst Capital, and CX industry executives. The patented customer-facing technology… Read More

June 10, 2024 @ 5:28 am By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL), a firm focused on expanding self-service financial access for financial institutions, retailers and consumers, announced it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital “for cash-reliant UK consumers.” Atleos is initially deploying deposit-taking ATMs… Read More

June 10, 2024 @ 4:21 am By Omar Faridi  |  

Quantexa, the global enabler of Decision Intelligence (DI) solutions for the public and private sectors announced that it is partnering with Databricks, the data and artificial intelligence (AI) company, to enable customers “to deploy its Decision Intelligence Platform and Data Management, Customer Intelligence, Risk Management,… Read More

June 9, 2024 @ 6:29 pm By JD Alois  |  

Last month, the SEC Small Business Capital Formation Advisory Committee (SBCFAC) told the Commission to make the definition of an Accredited Investor more inclusive. This is not the first time the Committee has advised the Commission to update the definition and make it more rational… Read More

June 9, 2024 @ 5:44 pm By Michael Wong  |  

Asialink Finance Corp, a provider of financial solutions to small and medium enterprises (SMEs) in the Philippines, has announced secured P4 billion (about $71 million) from Malaysian private equity firm Creador. This strategic infusion of funds will see Creador acquiring an 18% stake in Asialink,… Read More

June 9, 2024 @ 5:43 pm By Omar Faridi  |  

TrueAccord’s machine learning engine, HeartBeat, ​​reportedly reaches out to every account placed with a goal of getting them to repay on their own terms when they are ready, versus the one-size-fits all communication “that ignores trends in sentiment and spending habits.” Powered by a combination… Read More

June 9, 2024 @ 5:38 pm By Omar Faridi  |  

Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, announced its Q1 2024 business performance results and the launch of its Summer Edition product release that “brings flexibility to the way companies manage spend.” Q1… Read More

June 9, 2024 @ 4:13 pm By Omar Faridi  |  

Alloy, a firm focused on digital asset investment technology, and Obligate are entering a strategic partnership that will integrate Obligate’s tokenized bonds into Alloy’s comprehensive digital asset portfolio management and execution system. This collaboration aims to lead the way in “shaping how institutional asset managers… Read More

June 9, 2024 @ 4:11 pm By Omar Faridi  |  

The total market cap of the top 10 Bitcoin-based non-fungible tokens (NFTs), comprising Ordinals and Runes, has surged “to $1.03 billion, with a daily average trading volume of $2.25 million in May 2024, proving their increasing prominence in the world of Web3.” This, according to… Read More

June 9, 2024 @ 4:10 pm By Omar Faridi  |  

Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach. The project aims to explore a multi-central bank digital currency (CBDC) platform “shared among participating central banks and commercial banks, built on distributed ledger technology (DLT)… Read More

June 9, 2024 @ 4:08 pm By Omar Faridi  |  

NYMBUS, a provider of cloud-based financial technology solutions, is pleased to announce the appointment of Nate Whaley as Chief Revenue Officer (CRO). With a diverse career spanning over four decades, Nate reportedly “brings a wealth of experience and a track record of driving sales and… Read More

June 9, 2024 @ 2:14 pm By Omar Faridi  |  

Juniper Research has recently shared the top 3 uses of next-gen tech in Core Banking. The Juniper Research team notes in a report that the core banking systems market “is well established; however, technological innovation, such as cloud infrastructure, is driving innovation in this sector.”… Read More

June 9, 2024 @ 1:00 pm By Omar Faridi  |  

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announced that iCapital Network Canada Ltd., a Canadian investment fund manager and affiliate of iCapital group has been appointed Investment Fund Manager in Canada for Prime Quadrant Alternative Investment… Read More

June 9, 2024 @ 12:08 pm By Omar Faridi  |  

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, has released unaudited bitcoin (BTC) production and miner installation updates for May 2024. Fred Thiel, Marathon‘s chairman and CEO said: “The strength of our MARA… Read More

June 9, 2024 @ 11:12 am By Omar Faridi  |  

Blockdaemon recently introduced its DeFi API. The Blockdaemon DeFi API reportedly “simplifies DeFi interactions, enhances liquidity management, offers unified asset tools, and caters to B2B2C and institutional needs.” The Blockdaemon DeFi API is described as being “the complete institutional solution for seamless, secure, and efficient… Read More