February 22, 2024 @ 7:30 am By Omar Faridi  |  

KPMG UK and Blue J announced that they will launch a new generative AI powered product to answer challenging tax research questions in seconds. KPMG will have exclusive access “to the tool, Ask Blue J, among the big four accountancy firms in the UK for… Read More

February 22, 2024 @ 7:11 am By Omar Faridi  |  

wefox, which claims to be among the leading Insurtech firms, has appointed Dominik Ulrich as Chief Risk Officer (CRO), with immediate effect. Prior to this role Mr. Ulrich was working as Head of Internal Audit at wefox. Mr. Ulrich will now be expected to “lead… Read More

February 22, 2024 @ 5:22 am By Omar Faridi  |  

Nubank (NYSE:NU), one of the largest financial services platforms in the world, has appointed Elita Ariaz as the new Chief Legal Officer of the company. With over 20 years of experience in the sector, the executive assumes the position to lead the Legal, Compliance, and Public… Read More

February 22, 2024 @ 4:00 am By JD Alois  |  

Bob Wigley, the Chairman of UK Finance, has joined the Board of Directors of R3. UK Finance is a group that advocates on behalf of the UK financial services industry, representing over 300 individual firms. The group aims to drive innovation and help to shape… Read More

February 22, 2024 @ 2:11 am By Omar Faridi  |  

Lloyds Bank claims that it has become the first UK bank to join the WaveBL electronic trade documentation platform, unlocking new trade efficiencies and sustainability benefits for its clients by using electronic Bills of Lading (eBLs). Bills of Lading are a critical document in international… Read More

February 22, 2024 @ 2:11 am By Omar Faridi  |  

A new report found that over half of finance-savvy Singaporeans own crypto, with staking emerging as the top use case, presenting an opportunity for regulated platforms to enable compliant participation in this growing trend through features emphasizing security, consumer protections and compliance. Crypto creates economic… Read More

February 21, 2024 @ 10:05 pm By Omar Faridi  |  

Manchester headquartered specialist lender, Assetz Capital, has launched a new Planning Assistance Loan product, aimed at supporting the conversion of commercial buildings in to residential dwellings The new product solution is specifically designed “to help experienced property developers acquire commercial buildings, with the intent of… Read More

February 21, 2024 @ 10:04 pm By Omar Faridi  |  

Baker Tilly, an advisory, tax and assurance firm dedicated to custom solutions that generate and sustain growth has entered a new partnership. Baker Tilly, and their subsidiary, Baker Tilly Wealth Management, a registered investment advisor, provide “a range of private wealth services to high-net-worth and… Read More

February 21, 2024 @ 10:02 pm By Omar Faridi  |  

In the “bustling” landscape of Pakistan, Elphinstone claims that it stands as a beacon of financial empowerment, offering “a gateway for the country’s burgeoning middle class to unlock their financial potential.” Co-founded by Farooq Tirmizi and Uzair Mahmud in 2020, Elphinstone addresses a critical pain… Read More

February 21, 2024 @ 9:59 pm By Omar Faridi  |  

Akur8, the insurance pricing solution, is pleased to announce that MGS Seguros has chosen its pricing platform. This new collaboration will empower its actuarial and pricing teams “to build powerful, explainable pricing models and establish a robust predictive modeling framework for its auto and home… Read More

February 21, 2024 @ 9:58 pm By Omar Faridi  |  

HealthCARE of Iowa, a professional consulting partner with over 80 years of combined experience in providing consulting services for Senior Living environments, has partnered with DailyPay – the on-demand pay solution. Through this partnership, HealthCARE of Iowa is “modernizing its benefits offerings by providing the… Read More

February 21, 2024 @ 9:53 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that it has partnered with Web3 platforms Biconomy, ZeroDev and Rhinestone to co-publish the ERC-7579 standard, which outlines technical standards for simplifying and unifying the management of ‘Modular Smart Accounts.’ The standard aims to enable developers “to customize and… Read More

February 21, 2024 @ 9:51 pm By Omar Faridi  |  

Nexo, the institution for digital assets, announced a partnership with Sift, the firm focused on Digital Trust & Safety. By working with Sift, Nexo will be able to enhance its approach “to fraud prevention, enhancing security measures and ensuring a safer, smoother, quicker, and more… Read More

February 21, 2024 @ 3:41 pm By Omar Faridi  |  

Government leaders are increasingly pointing to a lack of infrastructure as a barrier to modernization, according to new EY survey The EY survey reportedly reveals “outdated IT, limited funding and an overwhelmed workforce are among top barriers to tech modernization at federal, state and local… Read More

February 21, 2024 @ 2:36 pm By Omar Faridi  |  

Prove Identity, Inc., the global enabler of digital identity, announced it has been appointed to the FIDO Alliance Board of Directors. Tim Brown, global identity officer at Prove, will serve “as the company’s Primary Board Delegate.” Today, over 80% of data breaches are “caused by… Read More

February 21, 2024 @ 12:16 pm By JD Alois  |  

The founder of Tether, EOS and Blockchain Capital, Brock Peirce, has invested in real estate tokenization firm EstateX. The amount of the investment an deal terms were not immediately available. EstateX is based in the Netherlands. At the same time, Peirce is expected to become… Read More

February 21, 2024 @ 11:33 am By JD Alois  |  

Sherwood “Woodie” Neiss, Principal and co-founder of Crowdfund Capital Advisors (CCA), has sent a letter to Congress supporting HR 2799 or the Expanding Access to Capital Act – legislation that is designed to help entrepreneurs and small businesses while boosting the economy. The letter has… Read More

February 21, 2024 @ 11:22 am By Omar Faridi  |  

Pacaso, a technology-enabled real estate marketplace that helps people buy, co-own, and sell a vacation home, reports more than 21% growth in co-ownership across the U.S. year-over-year in its inaugural Co-Ownership Growth Report. The report identifies the top ten counties “with the most significant annual… Read More

February 21, 2024 @ 10:51 am By JD Alois  |  

dv01 and Fitch have joined to launch two “non-agency RMBS benchmarks.” Residential mortgage-backed securities represent a pool of home loan mortgages secured by the property. dv01 is a capital markets Fintech that offers lending data on more than 230 million loans. dv01 was acquired by… Read More

February 21, 2024 @ 10:39 am By Omar Faridi  |  

OpenPayd, the global payments and Banking-as-a-Service (BaaS) platform, today announced its partnership with TrueLayer, Europe’s open banking payment network, to enhance its instant payment solutions offering for its clients. OpenPayd will leverage TrueLayer’s payments network “throughout the UK and Europe to enable secure and instant… Read More