April 28, 2024 @ 11:17 pm By Omar Faridi  |  

Powering embedded banking/BaaS, The Bank of London launches TBOL AI code assistant enabling rapid integration with banking APIs. The Bank of London officially introduces the TBOL Artificial Intelligence code assistant, using generative AI capabilities powering clients and developers “to build at speed, applications, products and services via The Bank… Read More

April 28, 2024 @ 10:25 pm By Omar Faridi  |  

Germany’s automotive marketplace mobile.de has chosen payments Fintech Mangopay to launch a tailored payment solution for its end users. The new collaboration is expected to enable consumers to buy or sell through mobile.de. They will be able to pay or get paid “for their vehicle within… Read More

April 28, 2024 @ 9:20 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the launch of its new Open Banking Marketplace, which is described as being a one-stop platform that enables both existing and prospective clients to discover, identify, and test application programming interfaces (APIs) that best meets their business objectives in a… Read More

April 28, 2024 @ 9:19 pm By Omar Faridi  |  

-AsiaVerify has become the latest addition to Detected’s growing risk, fraud and compliance ecosystem. Detected’s ecosystem sits at the center of its platform, “gathering data as businesses complete onboarding.” The information collected builds a company profile, “the single source of truth, which is hosted within… Read More

April 28, 2024 @ 8:10 pm By Omar Faridi  |  

Blockchain Association (BA) and the Crypto Freedom Alliance of Texas (CFAT) filed a lawsuit against the Securities and Exchange Commission (SEC) in the Northern District of Texas that challenges the SEC’s misguided attacks on the U.S. digital asset industry and the Commission’s arbitrary and capricious… Read More

April 28, 2024 @ 5:07 pm By Michael Wong  |  

The Qatar Central Bank (QCB) has taken a significant stride in promoting financial innovation by approving the first cohort of ‘Buy Now Pay Later‘ (BNPL) companies for its regulatory sandbox, a pivotal part of the Third Financial Sector Strategy and the Fintech Strategy. This move… Read More

April 28, 2024 @ 4:30 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced plans to refocus its digital asset business to leverage its core strengths in derivatives, technology and product innovation while realizing operating efficiencies for both Cboe and its clients. These changes are being… Read More

April 28, 2024 @ 3:58 pm By Omar Faridi  |  

Custodian Copper.co and “trusted” third party Nemean Services announce that they have upgraded their insurance protection for digital assets in cold storage. Building on the $500m of cover already in place, one of the largest limits in existence, cover has now been extended to include… Read More

April 28, 2024 @ 3:54 pm By Michael Wong  |  

The Securities and Exchange Commission of Pakistan (SECP) has awarded a Non-Banking Financial Company (NBFC) license to M/s Edufi Financial Services (Private) Limited. This license marks a notable advancement in the Pakistani financial sector by establishing the first digital platform for ‘Study Now, Pay Later’… Read More

April 28, 2024 @ 1:37 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers. Thanks to the speed, flexibility… Read More

April 28, 2024 @ 1:37 pm By Omar Faridi  |  

Schroders Capital, a global private markets manager, and iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announce a strategic partnership that enables Schroders Capital to broaden access to wealth managers for its semi-liquid global private equity strategy…. Read More

April 28, 2024 @ 12:06 pm By Omar Faridi  |  

More than 220 central bankers and banking supervisors representing over 90 different jurisdictions met on 24–25 April, 2024 in Basel for the 23rd International Conference of Banking Supervisors (ICBS). The ICBS included a program to mark the 50th year of the Basel Committee on Banking… Read More

April 28, 2024 @ 11:23 am By Omar Faridi  |  

The Digital Currency Group (DCG) recently announced the appointment of Aimie Killeen as Chief Legal Officer (CLO). An experienced legal executive with a track record executing legal strategies that drive corporate success and shareholder value, Killeen brings “to DCG 20+ years of deep expertise in… Read More

April 28, 2024 @ 11:01 am By Omar Faridi  |  

Talos, the premier provider of institutional technology for trading digital assets, announced its acquisition of Cloudwall, a developer of sophisticated digital asset risk technology. The technology and expertise of Cloudwall will aim to “enhance Talos’s existing portfolio management system (PMS), expanding it to deliver the… Read More

April 28, 2024 @ 10:01 am By Michael Wong  |  

Abu Dhabi wealth fund ADQ announced the launch of the Jasoor Fund, a new technology-focused investment fund, with a capital base of $180 million The fund aims to drive digital transformation and economic growth across the region. This initiative marks a crucial milestone in the… Read More

April 28, 2024 @ 9:57 am By Omar Faridi  |  

Digital bank Monzo is reportedly expanding its fundraising to £500 million as part of a round which includes capital from Hedosophia. This, according to an update from Sky News. Sources revealed on Sunday that Monzo might confirm as soon as this week that Hedosophia and… Read More

April 28, 2024 @ 9:54 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), introduces Prime Tech with Cowbell Co-Pilot, Cowbell’s artificial intelligence (AI) solution for efficient underwriting. Prime Tech is Cowbell’s adaptive cyber insurance offering “that combines flagship Prime 250 cyber risk insurance with Technology Errors… Read More

April 28, 2024 @ 9:52 am By Omar Faridi  |  

Feedzai, a provider of financial crime and risk management solutions, announced results for its 2024 fiscal year, delivering a strong combination of revenue growth acceleration and positive free cash flow margins. Business expansion was highlighted by “the expansion of Feedzai’s behavioral biometrics business, which grew… Read More

April 27, 2024 @ 6:03 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms, announces  the release of Nubank+, which is described as “an evolution of the Nu experience.” From now on, those who join the experience will reportedly “have even more benefits like cashback,… Read More

April 27, 2024 @ 5:03 pm By Omar Faridi  |  

Digital asset firm Gemini notes in its Weekly Market Update that Bitcoin miners are seeing rewards cut following the halving event. However, there are some positive indicators in terms of the supply of Bitcoin and its relationship to the availability of gold in global markets…. Read More