May 14, 2024 @ 10:16 pm By Omar Faridi  |  

Alraedah Digital Solutions, a technology company and the innovation arm of Alraedah Digital Group, is pleased to announce a strategic partnership with ABHI, a MENAP-based Fintech specializing in Earned Wage Access and Invoice Factoring. The collaboration marks a significant milestone in Alraedah’s commitment “to fostering… Read More

May 14, 2024 @ 10:15 pm By Omar Faridi  |  

Consensys announced the launch of Smart Transactions, a new technology rolling out to all MetaMask users globally as an optional feature. This reimagined transaction experience reportedly offers better transaction success rates, reduces gas costs, and protects users “from harmful MEV (Maximal Extractable Value) attacks such… Read More

May 14, 2024 @ 10:12 pm By Omar Faridi  |  

Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally,  reported financial results for its first quarter ended March 31, 2024. John Caplan, Chief Executive Officer at Payoneer, said: “Payoneer delivered record… Read More

May 14, 2024 @ 10:11 pm By Omar Faridi  |  

Fenergo, the provider of digital solutions for know your customer (KYC), transaction monitoring and client lifecycle management (CLM), has bolstered its presence in the EMEA region with the appointment of Ruth Ormsby as Managing Director of EMEA. Ormsby started her role on 29 April. Based… Read More

May 14, 2024 @ 5:42 pm By Omar Faridi  |  

KOR Foundation announced it has launched KOR Protocol, a new protocol that reshapes how intellectual property is managed, protected, distributed and monetized across various sectors. Built around the innovative KOR DNA framework, KOR Protocol reportedly “offers new opportunities for creators to leverage blockchain and AI… Read More

May 14, 2024 @ 5:40 pm By Omar Faridi  |  

Bullish, which claims to be one of the “fastest-growing,” regulated digital asset exchanges, announced its integration with Hidden Road, the global credit network for institutions. The integration provides Hidden Road’s broad institutional customer base “with access to Bullish exchange’s low-cost liquidity and best execution in… Read More

May 14, 2024 @ 2:30 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Zest Protocol, an on-chain bitcoin lending infrastructure enabling users to lend or borrow native BTC with transparent yields in a permissionless way. Existing solutions have been largely “dependent on centralized entities with… Read More

May 14, 2024 @ 1:18 pm By Omar Faridi  |  

Building a successful crypto portfolio requires diversification, and that applies to meme coins as well, according to an update from Bitpanda. However, actively researching and managing “a basket of individual meme coins is a time-consuming endeavor,” Bitpanda notes while adding that this is where the… Read More

May 14, 2024 @ 1:13 pm By JD Alois  |  

Stating they are one of the very few VC firms that are truly global, Accel is reporting that it is raising a $650 million fund to support early-stage ventures in Europe and Israel. Accel opened its London office in 2000 as one of the first… Read More

May 14, 2024 @ 1:03 pm By Omar Faridi  |  

The US transition to a T+1 settlement cycle is only two weeks away, and DTCC says that it continues to actively work with the industry and regulators to ensure a seamless transition to a T+1 settlement cycle on May 28th, 2024, with a focus “on… Read More

May 14, 2024 @ 11:32 am By Omar Faridi  |  

Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, and Talos, the provider of institutional technology for trading digital assets, announced that Crossover’s CROSSx institutional crypto trading venue has been integrated with the Talos trading platform, joining Talos’s… Read More

May 14, 2024 @ 11:29 am By Omar Faridi  |  

Palo Alto Networks (NASDAQ: PANW) and Accenture (NYSE: ACN) announced an expansion of their long-standing strategic alliance. New offerings will combine Precision AI technology from Palo Alto Networks and Accenture’s secure generative AI services to help organizations embrace “the potential of AI with cybersecurity.” The… Read More

May 14, 2024 @ 10:34 am By Omar Faridi  |  

According to the UK’s Financial Conduct Authority (FCA), 24% of UK adults have expressed low confidence in handling their money, and 38% admitted to having low knowledge of financial matters. But as the cost-of-living crisis rumbles on, with precious little relief offered by the Government’s… Read More

May 14, 2024 @ 10:17 am By Tony Zerucha  |  

Alkami, a cloud-based digital banking solutions provider for financial institutions in the U.S., announced the success of its first external TechFin Hackathon, held as part of the Alkami Co:lab 2024 programming. Combining Alkami bank and credit union clients, fintech partners, and system integrators, TechFin Hackathon… Read More

May 14, 2024 @ 10:00 am By Tony Zerucha  |  

MoneyLion company Malka, an adaptive content studio, has appointed ad industry veterans Chris Apostle and Bill Davaris as co-CEOs and Paige McCrensky as its first chief brand officer. As a subsidiary of MoneyLion, Malka has access to sophisticated data and technology infrastructure which, when combined… Read More

May 14, 2024 @ 9:25 am By JD Alois  |  

Invesdor, one of the oldest securities crowdfunding platforms in Europe, says it has funded the largest sustainability securities online offering in Europe. According to the platform, the Fryslân wind farm in the Netherlands raised €6 million in just one day. The securities offering went on… Read More

May 14, 2024 @ 9:18 am By Tony Zerucha  |  

Sift, an AI-powered fraud platform, this week released trend data for two new fraud metrics in the Fraud Industry Benchmarking Resource. The Fraud Industry Benchmarking Resource is powered by Sift’s Global Data Network, which analyzes more than one trillion events and identity signals per year…. Read More

May 14, 2024 @ 8:52 am By Omar Faridi  |  

Crypto.com, the digital assets firm which claims to be focused on ensuring regulatory compliance, security and privacy, is now a member of Adan, an association bringing together professionals in the digital asset and blockchain sector throughout France and Europe. Eric Anziani, President and COO of… Read More

May 14, 2024 @ 8:32 am By Omar Faridi  |  

Business activity continued to rise across almost all UK nations and regions during April, latest Regional PMI survey data from NatWest showed. Just half of areas saw an increase in employment, however, with businesses “facing a sharp, wage-led rise in costs.” The PMI Business Activity… Read More

May 14, 2024 @ 8:31 am By Omar Faridi  |  

UK Finance releases its latest mortgage arrears and possessions data for Q1 2024, while highlighting continuing lender support for customers The number of homeowner mortgages in arrears “rose slightly (three per cent) in Q1 2024 compared to the previous quarter,” in line with UK Finance’s… Read More