July 10, 2024 @ 11:51 pm By Omar Faridi  |  

After a “record breaking” 3-night run at the Aviva Stadium that left concert goers still trying to ‘Shake Off’ the Taylor Swift effect, the latest Bank of Ireland Spending Pulse analyzing debit and credit card spending reveals the economic impact of her visit. Analyzing 27th… Read More

July 10, 2024 @ 11:50 pm By Omar Faridi  |  

Binance Research has examined key Web3 developments in June 2024 to provide an overview of the ecosystem’s current state. Binance Research analyze the performance of crypto, DeFi, and NFT markets. Despite a strong start to the month of June, the market “encountered major sell-offs and… Read More

July 10, 2024 @ 11:45 pm By Omar Faridi  |  

Research has revealed 66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in 10 expected to prioritize modernising their financial operations this year. In a report released by global payments and financial platform, Airwallex, and… Read More

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

Pilot‘s CFO Services team recently published their Q1 Market update on the Venture Capital landscape. Their main takeaways are as follows: Deal activity in Q1 remained roughly flat QoQ, but varied by segment: pre-seed and seed-stage saw notable declines while late-stage saw moderate increases, with… Read More

July 10, 2024 @ 11:40 pm By Omar Faridi  |  

Multifamily property managers face a daunting task when it comes to screening applicants. They need to conduct thorough criminal background checks in “a timely manner, while observing increasingly stringent consumer privacy regulations.” To address this challenge, TransUnion (NYSE: TRU) announced its collaboration with Asurint to… Read More

July 10, 2024 @ 6:16 pm By Omar Faridi  |  

Fave Singapore, operating under the registered entity name Beeconomic Singapore Pte. Ltd. and part of the Pine Labs group today announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) Licence to offer account… Read More

July 10, 2024 @ 4:55 pm By JD Alois  |  

Congressman Patrick McHenry took to the floor of the House today to criticize the actions of President Joe Biden regarding his veto of HJ Res. 109 as well as the inability of FIT21 – digital asset legislation – to become law. McHenry noted that HJ… Read More

July 10, 2024 @ 3:37 pm By JD Alois  |  

Recently, the Securities and Exchange Commission (SEC) updated its website. SEC Chairman Gary Gensler said the “changes will benefit investors, issuers, and the broader public.” “I’m pleased that these updates will improve our website’s compliance with federal standards.” While you will probably always have to hunt… Read More

July 10, 2024 @ 2:16 pm By JD Alois  |  

As was reported yesterday, Seedrs has rebranded to Republic Europe. Republic, based in the US, announced the acquisition of the investment crowdfunding platform in 2021.  The re-branding is an obvious transition as Republic aims to create a global brand of online capital formation and ancillary… Read More

July 10, 2024 @ 12:00 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, now supports cash payments on its On-ramp service for Taiwan users that enhances the convenience of purchasing crypto-assets. Users can now place the order and pay with cash in Taiwan’s local fiat currency, TWD, at popular offline convenience stores “such… Read More

July 10, 2024 @ 11:09 am By Omar Faridi  |  

Crypto market sentiment has become divided just two months after the Bitcoin Halving, with no strong consensus sentiment, the team at CoinGecko noted. According to a recent survey shared by CoinGecko, 49.3% of crypto participants “still felt bullish about the market, even amid the pullback… Read More

July 10, 2024 @ 10:12 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and MassPay, a provider of payment solutions for businesses, are expanding access to domestic instant payments. The collaboration is set to significantly “benefit industries facing complex real time payment requirements including the gig… Read More

July 10, 2024 @ 9:28 am By Omar Faridi  |  

Circle has provided an update regarding stablecoin EURC which is coming to Base. According to a blog post from Circle, here’s what this means for the Base ecosystem. Circle notes in an update that they are pleased “to bring EURC to Base, its first euro-backed… Read More

July 10, 2024 @ 9:22 am By Omar Faridi  |  

World Chain is described as a new blockchain that prioritizes humans and is designed to scale with the growth of the Worldcoin project in support of all of humanity. The launch of the World Chain developer preview “provides a unique opportunity for developers around the… Read More

July 10, 2024 @ 8:18 am By Omar Faridi  |  

Clients of service providers including Lloyds, Halifax and Bank of Scotland will now be able to share their access and support needs. Experian announces Lloyds Banking Group (LBG) as the newest partner of its Support Hub service. As part of Experian Support Hub, LBG, home… Read More

July 10, 2024 @ 7:45 am By Omar Faridi  |  

Global institutions are partnering with Pyth Network to shape the future of finance. That trend continues today as we welcome onboard AMINA Bank, a fully licensed Swiss bank and pioneer in the financial industry, as a market data provider to the network. AMINA Bank is… Read More

July 10, 2024 @ 7:07 am By Omar Faridi  |  

The Basel Committee on Banking Supervision has released a consultative document proposing Principles for the sound management of third-party risk in the banking sector. Ongoing digitalization has led to rapid “adoption of innovative approaches in the banking sector.” As a result, banks have become increasingly… Read More

July 10, 2024 @ 7:04 am By Omar Faridi  |  

Business activity grew in nine UK nations and regions in June, after having risen in all 12 in the previous month, the latest NatWest Regional Growth Tracker showed. The NatWest Regional Growth Tracker Business Activity Index is said to be “the first fact-based indicator of… Read More

July 10, 2024 @ 5:48 am By Omar Faridi  |  

Tether Operations Limited, which claims to be one of the largest companies in the digital asset industry, and BTguru, a technology and strategy company specializing in virtual and crypto assets, have signed a Memorandum of Understanding (MoU) to evaluate digital assets educational initiatives in Turkey…. Read More

July 10, 2024 @ 3:49 am By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, announces the introduction of dual representation for bridging projects, now available across our entire product range. This innovative feature, powered by LendInvest’s Mortgages Portal, “offers customers greater flexibility and efficiency in managing their bridging deals.” With dual representation,… Read More