March 4, 2024 @ 1:56 pm By Omar Faridi  |  

Oliver Wyman, a global firm focused on management consulting, and a business of Marsh McLennan (NYSE:MMC) announced the completion of its acquisition of Innopay. Innopay complements Oliver Wyman’s existing payments consulting capabilities. Innopay delivers strategy, scheme development, and execution “in the domain of digital payments,… Read More

March 4, 2024 @ 11:37 am By Omar Faridi  |  

Home buyers today need to make more than $106,000 to comfortably afford a home, a new Zillow (NASDAQ: Z and ZG) real estate market analysis finds. That is reportedly 80% more than in January 2020, showing how the math has changed in the real estate… Read More

March 4, 2024 @ 11:27 am By Tony Zerucha  |  

AU10TIX, a global technology leader in identity verification and management, this week launched a know your business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses. By combining KYB with KYC (know your… Read More

March 4, 2024 @ 11:14 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to report that Finliti, a wealth management software company that uses behavioral science to optimize investment decision making for brokerages,… Read More

March 4, 2024 @ 11:10 am By JD Alois  |  

A payments provider and once one of the most successful Fintechs in Germany, Wirecard collapsed into a pile of allegations of fraud and misconduct. Wirecard, at one time part of the DAX and valued in the billions of dollars, became a huge embarrassment for regulators… Read More

March 4, 2024 @ 10:31 am By Omar Faridi  |  

IntoTheBlock, a provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Via a collaboration with TRON DAO, these advanced indicators “will be available for free to the TRON DAO community.” The TRON network, which is reportedly “known… Read More

March 4, 2024 @ 9:32 am By JD Alois  |  

  Numerous types of private securities are being sold to investors via online investment platforms. Investment crowdfunding has opened up a new market for all investors – including non-accredited investors. While debt is less risky than equity, in general, the returns may be limited if… Read More

March 4, 2024 @ 8:21 am By Tony Zerucha  |  

DataVisor, an AI-powered fraud and risk platform, this week announced the launch of a solution designed to detect fraud and financial crimes more effectively while upholding sponsor bank compliance in the face of evolving regulations for Banking-as-a-Service (BaaS) offerings. The solution for sponsor banks replaces… Read More

March 4, 2024 @ 7:27 am By Omar Faridi  |  

Founder of Sibstar, which is a debit card and app for dementia patients and their families to safely manage their funds, has acquired £125,000 from Dragon’s Den investors Sara Davies and Deborah Maiden. The BBC reality series reportedly sees a number of budding entrepreneurs pitch… Read More

March 4, 2024 @ 7:25 am By Omar Faridi  |  

Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence “by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses… Read More

March 4, 2024 @ 7:23 am By Omar Faridi  |  

FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements. It’s… Read More

March 4, 2024 @ 12:40 am By Omar Faridi  |  

Online investing platform Webull is reportedly planning to go public through a potential $7.3 billion merger with a blank-cheque company. Webull intends to list on the Nasdaq during the second half of 2024. This, after reportedly agreeing to a definitive deal with special purpose acquisition… Read More

March 3, 2024 @ 11:52 pm By Michael Wong  |  

The United Kingdom has taken a decisive step by introducing new legislation aimed at curbing the use of cryptocurrencies in criminal activities. Set to take effect on April 26, 2024, the updated Statutory Instrument under the Economic Crime and Corporate Transparency Act 2023 grants law… Read More

March 3, 2024 @ 11:50 pm By Omar Faridi  |  

Currencycloud, the Fintech firm focused on simplifying business processes in a multi-currency environment, has teamed up with UK-headquartered Fintech company, TangoPay to improve its remittance service for its UK-based expat clients. This enhancement will be achieved by introducing real-time competitive foreign exchange (FX) rates along… Read More

March 3, 2024 @ 10:00 pm By Omar Faridi  |  

Equifax (NYSE: EFX) is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering “to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors.” New business applications in the United States have “been… Read More

March 3, 2024 @ 9:38 pm By Omar Faridi  |  

Taiko has acquired $15 million via a Series A round, bringing its total outside investments to $37 million. The initiative’s developers claim to be working on an Ethereum-equivalent ZK rollup with “based sequencing” – both described as being technological innovations. However, Taiko currently faces an… Read More

March 3, 2024 @ 9:34 pm By Omar Faridi  |  

SIX is partnering with Clearstream in order for the Connexor service of SIX to become a D7 Digital Market Partner to process and distribute reference data of financial instruments. D7 is Deutsche Börse’s digital post-trade platform for digitizing financial instruments, which allows for the issuance… Read More

March 3, 2024 @ 8:50 pm By Michael Wong  |  

The Hong Kong Green Week – Finance Stream concluded Friday, marking the end of a series of sustainability-themed events that drew more than 1,600 participants from almost 30 jurisdictions worldwide. The week-long initiative brought together a diverse group of stakeholders, including financial institutions, corporates, central… Read More

March 3, 2024 @ 8:34 pm By Michael Wong  |  

Despite the tightening of monetary policy by the US Federal Reserve, the banking sector in the Gulf Cooperation Council (GCC) countries experienced sustained growth in lending during the second quarter of 2023, according to a recent report by Kamco Invest. This growth was largely driven… Read More

March 3, 2024 @ 7:38 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (BTC) mining, announced that it has entered into a new purchase agreement with Shenzhen MicroBT Electronics Technology Co., LTD, “through its manufacturing subsidiaries, (MicroBT) a prominent manufacturer of Bitcoin miners.” Under the Agreement,… Read More