May 16, 2024 @ 10:37 pm By Omar Faridi  |  

Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX from safe and secure custody “at Anchorage Digital and earn staking rewards distributed by the protocol in USDC.” As home to the only federally chartered digital asset bank,… Read More

May 16, 2024 @ 10:36 pm By Omar Faridi  |  

Tuum, the core banking services provider, is pleased to announce a new partnership with TransactionLink, a key player focused on end-to-end KYB/KYC automation solutions. This collaboration aims to tackle “the pressing challenges faced by fintechs and banks, particularly in achieving faster time-to-market, scalability for growth… Read More

May 16, 2024 @ 10:35 pm By Omar Faridi  |  

The way people pay and get paid has changed more in the past five years than in the last 50, according to an update from Visa (NYSE: V). Consumers have evolved, adapting to new payment experiences – “from the advent of embedded, digital commerce to… Read More

May 16, 2024 @ 6:34 pm By Omar Faridi  |  

Applied research from the Worldcoin Foundation and TACEO, a team of cryptography engineers, has advanced the biometric template protection and enabled the secure deletion of Worldcoin’s previous iris code system. Working within a field of cryptography “known as secure multi-party computation (SMPC), Worldcoin and TACEO… Read More

May 16, 2024 @ 6:33 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced it is looking for candidates for the  Small Business Capital Formation Advisory Committee (SBCFAC). The SBCFAC crafts recommendations to submit to the Commission advocating on behalf of smaller firms in need of capital. This includes feedback on… Read More

May 16, 2024 @ 6:11 pm By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent, adviser platform groups, has announced the appointment of two new Non-Executive Directors (NEDs) to its board. Cathryn Riley, who started on 1 May, will “chair the remuneration committee, and Clare Bousfield will join on 1 July and… Read More

May 16, 2024 @ 6:00 pm By Tony Zerucha  |  

dLocal, a cross-border payment platform specializing in high-growth markets, today expanded its partnership with Deel, a global HR and payroll platform that helps businesses scale their remote workforce capabilities. The expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, and Ghana, Jordan, Kenya, Morocco, Saudi… Read More

May 16, 2024 @ 4:52 pm By Omar Faridi  |  

Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a Bank of America (NYSE: BAC) Homebuyer… Read More

May 16, 2024 @ 2:34 pm By JD Alois  |  

Following approval in the House earlier this month, the US Senate has voted on and approved HJ Res. 109, which overturns the SEC’s Staff Accounting Bulletin (SAB) 121 under the Congressional Review Act (CRA). When the House approved the resolution. Chairman of the House Financial… Read More

May 16, 2024 @ 11:36 am By Omar Faridi  |  

A US Department of Justice (DOJ) indictment was unsealed, charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York, with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the indictment arise “from an alleged… Read More

May 16, 2024 @ 11:15 am By JD Alois  |  

The US Supreme Court has published its opinion on Consumer Financial Protection Bureau (CFPB) v. Community Financial Services Association of America (CFSA), affirming the constitutionality of the agency’s funding mechanism. The decision was 7-2. Justice Alito wrote the dissenting opinion. Justice Gorsuch joined in dissenting…. Read More

May 16, 2024 @ 10:34 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform, says it is pursuing the third edition of its Tech Investor Academy (TIA) for Bulgarian and European investors. Starting on June 10th, the educational project aims to help investors better utilize their money by teaching portfolio optimization, legal frameworks,… Read More

May 16, 2024 @ 9:38 am By JD Alois  |  

The Autorité des Marchés Financiers (AMF) in France is telling investors to “exercise the utmost vigilance with regard to proposal investments made to the public residing in France by the digital asset trading platform BYBIT.” BYBIT operates elsewhere, including in Dubai where it received a… Read More

May 16, 2024 @ 8:39 am By Omar Faridi  |  

Generative AI is becoming increasingly relevant for German companies: More than half of the companies (53 per cent) are planning to significantly expand their investment activities, according to an update from KPMG. More than half of these companies even want “to increase their investments by… Read More

May 16, 2024 @ 8:37 am By Omar Faridi  |  

Smart Pension, the UK’s workplace pension provider, joins an industry consortium to accelerate the development and adoption of trustworthy AI solutions within the financial services sector. The consortium is led by Stratiphy, a London fintech company “making personalized investment solutions scalable, and has been awarded… Read More

May 16, 2024 @ 8:31 am By Omar Faridi  |  

UK consumers are expecting to save more this year yet are unaware that the interest earned on their savings could result in being eligible to pay tax, according to an update from NatWest. Almost a third (31%) of savers are “expecting to save more and… Read More

May 16, 2024 @ 8:25 am By Omar Faridi  |  

Bitpanda, Europe’s crypto company, has reported its most significant quarters of growth to date, with revenue for Q1 FY ‘24 exceeding €100 million. The wider market experienced a significant downturn in 2022, which led Bitpanda to rethink its “long-term growth strategy.” This meant a refocus… Read More

May 16, 2024 @ 8:16 am By Omar Faridi  |  

The British Business Bank has released a new report showing that 56% of smaller businesses in Northern Ireland are using external finance. The report, entitled, Northern Ireland SME Access to Finance Report, shares key insights about small businesses operating in the area. 📢Out today, our… Read More

May 15, 2024 @ 8:54 pm By Omar Faridi  |  

In a significant move to enhance its holistic blockchain analytics proposition, Elliptic, the global enabler of cryptoasset risk management solutions, has announced that it has added support for zkSync, a Layer 2 scaling solution for Ethereum. Organizations building applications on zkSync will have “access to… Read More

May 15, 2024 @ 7:07 pm By JD Alois  |  

A report shared at the most recent meeting of the SEC’s Small Business Capital Formation Access Committee (SBCFAC) on women and minority-owned businesses participating in Reg CF (Regulation Crowdfunding) provides an update on exits for firms utilizing the securities exemption. Authored by Melody Change, PhD,… Read More