May 28, 2024 @ 3:18 pm By Omar Faridi  |  

WealthKernel, a provider of digital investing infrastructure, announced the appointment of James Dingwall as its new Strategic Regulatory Adviser. With a specialized focus on the Appointed Representative framework, Dingwall is expected to be  “a key role in helping WealthKernel navigate the complex regulatory landscape.” Dingwall… Read More

May 28, 2024 @ 12:35 pm By JD Alois  |  

Ryan Salame (30), a former top executive of FTX, has been sentenced to 7 1/2 years in prison for his role in the crypto firm’s activities. Sam Bankman Fried, the founder and CEO of FTX, was eventually sentenced to 25 years in prison for his… Read More

May 28, 2024 @ 12:18 pm By Omar Faridi  |  

UnaFinancial, the parent company of the Robocash investment platform, announced an upcoming release of the audited special purpose consolidated financial statements for the year ended December 31, 2023. The financial statements have been prepared in “accordance with the International Financial Reporting Standards (IFRS) and audited… Read More

May 28, 2024 @ 11:07 am By Omar Faridi  |  

Pascal Gauthier, CEO at Ledger, says that the shipping of their new device, Ledger Stax, has begun for pre-order customers. Pascal Gauthier from Ledger notes in a blog post that the first pre-orders will be “shipped over the coming weeks, and new orders will be… Read More

May 28, 2024 @ 10:54 am By JD Alois  |  

Swiipr, a “travel Paytech” firm, has announced raising £6 million in a Series A funding round led by Octopus Ventures. TX Ventures and Solano Partners also participated in the funding round. Swiipr aims to provide a service for airlines and their disruption payments systems. The… Read More

May 28, 2024 @ 8:44 am By JD Alois  |  

Linked Finance, an online lender serving Irish SMEs, says it has topped €300 million in loans since its launch. The funding has supported over 4200 smaller firms. For 2024, Linked Finance predicts that it will lend, on average, €115,000 per borrower hitting over £80 million… Read More

May 28, 2024 @ 8:25 am By Omar Faridi  |  

B2C2, a global firm focused on institutional liquidity for digital assets, announces it has partnered with Swissquote, the online banking and financial services provider. Developed by Swissquote, Swissquote Exchange (SQX) is “a central limit order book (CLOB) providing deep liquidity as well as a healthy… Read More

May 28, 2024 @ 8:22 am By Omar Faridi  |  

Velotix, a provider of an AI-driven Data Security Platform (DSP), announces a significant investment from Barclays Bank and Capri Ventures. This investment solidifies Velotix’s position as the choice for financial institutions seeking advanced data security solutions. It underscores Velotix’s innovative “approach to securing structured and… Read More

May 28, 2024 @ 8:20 am By Tony Zerucha  |  

Gnosis, the architects of the fully EVM-compatible Layer-1 Gnosis Chain, this week announced the launch of Metri, an on-chain self-custodial wallet operating within the Gnosis ecosystem, allowing a wider set of users to access a realm of decentralized finance applications. Built on the Gnosis Chain,… Read More

May 28, 2024 @ 8:18 am By Omar Faridi  |  

ESTO Holdings OU, an Estonian payment processor and consumer credit provider, today announced an extension of its partnership with Multitude Bank p.l.c., increasing the debt facility to a total of €20 million. This significant boost will aim to accelerate ESTO’s consistent “growth trajectory to empower… Read More

May 28, 2024 @ 3:12 am By Omar Faridi  |  

Colin Cunningham, Head of Tokenization & Alliances at Chainlink Labs, recalls that it was 2008 and he was in the back half of my economics degree when the global financial crisis struck. Insulated from the world behind college walls, Colin Cunningham says he observed former classmates… Read More

May 28, 2024 @ 2:09 am By Omar Faridi  |  

Invoitix AG, a logistics invoicing and financing platform, has issued a digital bond on the Obligate platform. Deployed on the Polygon PoS blockchain and denominated in EUROe, this issuance aims to refinance invoitix’s logistics invoicing activities, “further solidifying its position in the pan-European road logistics… Read More

May 28, 2024 @ 1:22 am By Omar Faridi  |  

UK Finance recently released their latest fraud report. While sharing insights on this key update, the team at Lending Standards Board has provided their perspective on the findings. For background, the LSB is responsible for overseeing the CRM Code, which has reportedly been the “only… Read More

May 28, 2024 @ 1:02 am By Omar Faridi  |  

The severity of data breach risks rose to the highest level in two years during the first quarter of 2024, increasing 31% from the same period last year. TransUnion (NYSE: TRU) unveiled its analysis of data breach trends while also introducing the company’s new identity… Read More

May 28, 2024 @ 12:19 am By Omar Faridi  |  

Sectors more exposed to AI are experiencing almost five times (4.8x) higher growth in labor productivity, according to PwC’s 2024 Global AI Jobs Barometer, released recently. The report, which analyzed “over half a billion job ads from 15 countries, suggests that AI could allow many… Read More

May 27, 2024 @ 11:16 pm By Omar Faridi  |  

From e-wallets to neobanks, Türkiye’s (Turkey) financial institutions are accelerating fintech innovation, supporting greater connectivity to international markets, financial inclusivity at home and more economic prosperity for businesses. Thunes is a key payments player in Turkey’s ecosystem. Thunes says its extensive payments network in the… Read More

May 27, 2024 @ 11:03 pm By Omar Faridi  |  

Pension savers are strongly backing shareholder calls for Shell to further reduce its greenhouse gas emissions by 2030, according to an update from PensionBee. A survey of pension savers by PensionBee revealed “that almost 60% of respondents – equal to nearly 18.5 million pensions savers… Read More

May 27, 2024 @ 10:45 pm By Tony Zerucha  |  

Brickken, a tokenizer of real-world assets, has been selected to participate in PwC’s Scale Digital Assets program, a collaborative initiative with GrowthBuilders. This follows a recent expansion towards Coinbase’s L2 Network and its first institutional client, a German venture capital fund. The PwC Scale program… Read More

May 27, 2024 @ 10:40 pm By Tony Zerucha  |  

This week, Lita announced the alpha release of its Valida zkVM and Valida C Compiler Toolchain, enabling faster and more efficient zero-knowledge proof (ZKP) generation. The Valida C Compiler Toolchain comprises the Valida C Compiler, enabling C programs to be converted to Valida-compatible code; and… Read More

May 27, 2024 @ 10:22 pm By Omar Faridi  |  

Tuum, the core banking provider, and DDCAP Group have partnered to offer a pre-integrated Fintech solution to enhance the end-to-end trade execution and processing of Sharia-compliant transactions. From the partnership, DDCAP and Tuum clients “will gain the ability to migrate legacy, automated trade execution and… Read More