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

July 9, 2024 @ 10:25 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, has lent several hundred million pound to British businesses in the first half of this year, as it continues its track record of supporting the most ambitious and innovative businesses across the UK. OakNorth’s focus has been on “supporting… Read More

July 9, 2024 @ 9:24 pm By Omar Faridi  |  

Stacking DAO, the liquid staking platform on the Stacks blockchain, has forged a partnership with Copper, a digital asset custody, collateral management and prime services provider. Stacking DAO offers users the ability “to partake in Stacks consensus staking rewards while simultaneously engaging in diverse DeFi… Read More

July 9, 2024 @ 9:21 pm By Omar Faridi  |  

Ethos, a financial services company dedicated to ethically minded consumers in the UK, has partnered with Thought Machine, the cloud-native banking technology company, to launch a Shariah-compliant digital service. Ethos will deploy Thought Machine’s core banking platform, Vault Core, to offer seamless and real-time Shariah-compliant… Read More

July 9, 2024 @ 9:20 pm By Omar Faridi  |  

NatWest is supporting bank-verified digital identity by integrating OneID in Adobe® Acrobat Sign. NatWest claims that it has “become the first UK bank to use bank-verified digital identity to enable people from different countries to prove their identity in the fastest and easiest way.” The… Read More

July 9, 2024 @ 9:14 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have announced that major retail banks in Singapore will progressively phase out the use of One-Time Passwords (OTPs) for bank account login by customers who are digital token users within the… Read More

July 9, 2024 @ 4:19 pm By Omar Faridi  |  

Payments Canada is pleased to announce the election of Matthew Parker-Jones and Kevan Cowan to its Board of Directors. Payments Canada confirmed that Matthew will serve as a Member Director and Kevan as an Independent Director on the board. Payments Canada further noted that Matthew… Read More

July 9, 2024 @ 4:17 pm By Omar Faridi  |  

Alpaca is pleased to announce the launch of Alpaca Elite, which is described as a solution designed specifically for sophisticated traders like you. Alpaca Elite reportedly provides “a cost-effective, advanced algo trading experience with white-glove account support.” Whether you’re an individual trader exploring advanced algorithmic trading… Read More

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

Fairlo, a consumer credit Fintech, recently announced that it has received B Corp certification, joining a global movement of businesses dedicated to fostering “an inclusive, transparent, and sustainable economy.” Jimmy Hanna, CEO and founder of Fairlo, said: “The entire process has taken almost a year… Read More

July 9, 2024 @ 2:13 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced the appointment of Mike Dennis as Global Head, Fixed Income. In this position, Dennis will oversee “the company’s largest, most actively traded global benchmark futures and options contracts on SOFR and U.S. Treasuries, including the 30-year bond, 10-, 5-… Read More