April 5, 2024 @ 10:55 am By Omar Faridi  |  

Chainalysis is marking its 10th year of operations this spring, and they’re reflecting on how far they’ve come with their clients and how the’re continuing to evolve with the rapidly changing ecosystem. Chainalysis notes in a blog post that the market revival we are experiencing… Read More

April 5, 2024 @ 10:15 am By Omar Faridi  |  

Every quarter, Carta releases information on the startup ecosystem in their State of Private Markets report. Carta, a software development firm focused on equity management software, explains in a blog post that it can take a few weeks for rounds to “be recorded on our… Read More

April 5, 2024 @ 9:45 am By Michael Wong  |  

Ellipsis Labs, a player in the development of on-chain exchange technologies, has announced raising a total of $20 million in its Series A funding round. The round was led by Paradigm, with significant contributions from Electric Capital, highlighting strong investor confidence in Ellipsis Labs’ potential… Read More

April 5, 2024 @ 9:35 am By JD Alois  |  

ZA Bank, one of the first regulated digital banks in Hong Kong, is now supporting stablecoins. Stablecoins are digital assets tied to another asset. Typically, this means fiat currency like the US dollar or Euro, but they can also be tied to other assets like… Read More

April 5, 2024 @ 8:50 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, today announced in an industry-first, the launch of a new online initiative – Wikipink – aimed at setting new standards for transparency and responsibility in the credit and lending industry. Amid growing scrutiny over the practices… Read More

April 5, 2024 @ 8:48 am By Omar Faridi  |  

VC dealmaking slides to a 7-year low, while several blockbuster deals “drive a modest rebound in funding,” according to an extensive update from CBInsights. According to the latest CBInsights report, Q1’24 was “a mixed bag for the venture market.” The CBInsights report reveals that equity… Read More

April 5, 2024 @ 6:27 am By Omar Faridi  |  

What has your online brokerage firm done for you lately? For most do-it-yourself (DIY) investors whose level of satisfaction with their brokerage firm has “not budged despite significant stock market growth, the answer is unclear.” According to the J.D. Power 2024 U.S. Self-Directed Investor Satisfaction… Read More

April 5, 2024 @ 6:04 am By Omar Faridi  |  

Umbrella Network is joining forces with Arthera, marking a step forward in enhancing blockchain usability. This partnership underscores a shared commitment “to reducing entry barriers and catalyzing growth within blockchain opportunities.” Layer 1 blockchains have evolved, “offering better scalability and decentralization. However, the persistent challenge… Read More

April 4, 2024 @ 9:52 pm By Omar Faridi  |  

As the fintech landscape in Singapore continues to expand and evolve, the need for an updated, comprehensive registry has never been clearer, according to an update shared with CI. As stated in the announcement, the upcoming launch of the SFA FinTech Ecosystem Registry in June… Read More

April 4, 2024 @ 9:50 pm By Omar Faridi  |  

The global subscription market is on a steady rise, expected to reach a staggering $406B by 2025, according to an update covering the payments landscape. As the trend of consumers subscribing to services in sectors “such as retail, food and more increases, so does the… Read More

April 4, 2024 @ 6:55 pm By Omar Faridi  |  

Westpac has turned on its proprietary PayTo digital payments capability for institutional and commercial payees, with other business customers to follow by the end of the year. Jeff Byrne, Managing Director, Global Transaction Services, Westpac said that “with the sun setting on traditional direct debits… Read More

April 4, 2024 @ 5:30 pm By Omar Faridi  |  

Fenergo is a global provider of digital solutions for client lifecycle management (CLM) and digital transformation for financial institutions. Its software digitally transforms and streamlines end-to-end CLM processes – from regulatory onboarding, data integration, client and counterparty data management, client lifecycle reviews, and remediation, all… Read More

April 4, 2024 @ 2:48 pm By Omar Faridi  |  

At a time when many reports seem to indicate that Canadians are tightening their wallets, a new survey released today from Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, found that “the vast majority of Canadians (82%) plan to… Read More

April 4, 2024 @ 1:47 pm By Omar Faridi  |  

CertiK has released its latest report, entitled Hack3d: The Web3 Security Report for Q1 2024. Hack3d is described by CertiK as being the industry’s most comprehensive record of statistics and analysis of on-chain security incidents. According to a blog post by CertiK, the research report… Read More

April 4, 2024 @ 12:52 pm By Omar Faridi  |  

Goldman Sachs (NYSE:GS) clients are not really interested in crypto-assets, according to recent statements from the firm’s Chief Investment Officer. As reported by the WSJ, even following the considerable surge in prices of Bitcoin (BTC) and cryptocurrencies as well as the involvement from other TradFi… Read More

April 4, 2024 @ 11:17 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) says the increase in financial transactions in the gaming world is putting users’ information at risk. The agency claims that gaming platforms are not benefitting from the protections of federal law. The CFPB states that it has received consumer… Read More

April 4, 2024 @ 11:07 am By Omar Faridi  |  

Equifax (NYSE: EFX) released its 2023 Security Annual Report, documenting the company’s continued commitment to security leadership through constant adaptation and proactive protection. The fourth annual report outlines how Equifax “increased efficiency, reduced friction and strengthened continuous controls governance across its internal security program, while… Read More

April 4, 2024 @ 10:28 am By JD Alois  |  

A new report states that digital asset trading hit an all-time high in March. According to information provided CCData, Spot and derivatives trading volume on centralised exchanges rose 92.9% to a new all-time high. The report shares that trading topped $9.12 trillion in March. The… Read More

April 4, 2024 @ 10:22 am By Omar Faridi  |  

Informative Research, a technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the service provider focused on delivering the fast verifications into its proprietary Verification Platform. The integration merges Informative Research’s platform with Veri-Tax’s verification services so lenders can… Read More

April 4, 2024 @ 10:17 am By JD Alois  |  

Zilch has announced a partnership with Checkout.com. The “multi-year contract” is expected to boost Zilch’s growth and “accelerate towards their endgame of capturing total share of consumer wallet.” Checkout.com supports 45 currencies and coverage in over 45 markets.  Checkout.com is said to offer fast and… Read More