April 3, 2024 @ 10:29 pm By Omar Faridi  |  

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the SWIFT network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems. To achieve this, the Bank is using the TRAVIC-Payment Hub developed by… Read More

April 3, 2024 @ 10:28 pm By Omar Faridi  |  

Matrixport, which claims to one of the leading digital assets ecosystems, recently unveiled its new prime brokerage service, Phoenix Prime. This breakthrough offers the first unified access “to the crypto market, featuring a tech-enhanced trading infrastructure with minimal microsecond latency, and a quant-driven, capital-efficient system… Read More

April 3, 2024 @ 10:26 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced today its strategic partnership with Narmi, a provider of digital banking solutions for financial institutions. This collaboration enables Treasury Prime’s banking customers “to send and receive money instantly through the FedNow Service and integrate the FedNow experience… Read More

April 3, 2024 @ 8:23 pm By Omar Faridi  |  

Sumsub has teamed up with Mercuryo, a global payments infrastructure platform, to publish a detailed update for Virtual Asset Service Providers (VASPs), titled “Mastering Travel Rule Compliance”. The update reportedly covers everything businesses in “the digital token space need to know about the Travel Rule… Read More

April 3, 2024 @ 8:22 pm By Omar Faridi  |  

The U.S. real estate market has a record-high 550 “million-dollar” cities — cities where the typical home is worth $1 million or more — a new Zillow (Nasdaq: Z and ZG) analysis shows. That is 59 more million-dollar cities than a year ago,  “reversing losses… Read More

April 3, 2024 @ 8:18 pm By Omar Faridi  |  

A new study from Juniper Research, the researchers focused on fintech markets, has forecast that the value of global POS (Point-of-Sale) terminal transactions will reach $17 trillion by the end of 2024, and grow by 25% to 2028. This growth comes despite the recent POS… Read More

April 3, 2024 @ 8:17 pm By Omar Faridi  |  

AGL Credit Management LP, an investment manager specializing solely on corporate credit strategies, and Barclays Plc, a global Investment Bank, announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit. AGL PC combines AGL’s established credit competency… Read More

April 3, 2024 @ 6:18 pm By JD Alois  |  

The House Financial Services Committee has scheduled a hearing on the Securities and Exchange Commission’s (SEC) recent rule change that requires public firms to disclose climate impact. The new ESG-type rules have been controversial at best, with some lambasting the Commission as becoming the Securities… Read More

April 3, 2024 @ 5:15 pm By Omar Faridi  |  

Cover Whale Insurance Solutions, Inc., an Insurtech specializing in connected insurance for commercial auto insurance, continues its expansion across the United States, announcing the availability of its auto liability coverage for truckers and fleets in six additional states: Maine, Montana, Nebraska, North Dakota, South Dakota,… Read More

April 3, 2024 @ 5:00 pm By JD Alois  |  

While everyone understands that securities will inevitably become digital, policymakers have been slow to provide an ecosystem to support the nuances intrinsic to the transition from analog. Eventually, digital securities will become the dominant sector of digital assets, and clear-cut rules are needed. Today, the… Read More

April 3, 2024 @ 10:52 am By JD Alois  |  

The American Fintech Council (AFC) has added ZayZoon as a member. ZayZoon was founded in 2014 and it is a Fintech that provides Earned Wage Access (EWA) for small and mid-sized businesses. Phil Goldfeder, Chief Executive Officer of the AFC, said that ZayZoon is a… Read More

April 3, 2024 @ 10:35 am By Omar Faridi  |  

The South American country of Argentina has announced key updates related to digital assets. Argentina’s National Securities Commission (CNV)  has implemented the Registry of Virtual Asset Service Providers (VASPs). The LatAm based nation has some of the highest levels of crypto adoption globally so this… Read More

April 3, 2024 @ 10:30 am By JD Alois  |  

GenoCrowd, an online real estate investment platform, is reporting that it distributed €1.38 million to investors at the beginning of April. GenoCrowd described the distribution as a “milestone.” The total amount consists of complete repayments from three projects and interest payments from two projects. The… Read More

April 3, 2024 @ 9:36 am By JD Alois  |  

Mangopay, a Paris-based global payments firm, has hired a new Head of Sales for Fraud in an effort to boost its anti-fraud kit. Bertrand Dezard will now look to grow the company’s international fraud business worldwide, with a focus on Europe and Latin America, as… Read More

April 3, 2024 @ 9:23 am By JD Alois  |  

Following the full regulatory approval from the UAE Securities and Commodities Authority to deal in securities in the UAE, Capital.com has opened an office in Dubai and plans to expand its services across the MENA and Asia regions. Launched in 2016, Capital.com aims to enable… Read More

April 3, 2024 @ 9:05 am By Omar Faridi  |  

On average, Bitcoin price returned 3,230% gains within one year after each halving, the team at CoinGecko noted in an extensive report. However, that is misleading moving forward, “considering Bitcoin’s novelty in its early years, lack of market maturity, and the case of diminishing returns.”… Read More

April 3, 2024 @ 8:55 am By Omar Faridi  |  

TaxBit, the digital asset tax and accounting solutions provider, announced its strategic expansion into Europe in response to rapidly increasing adoption across the European digital asset market. This move follows recent regulatory developments and the increased demand for TaxBit’s tax and accounting compliance solutions. TaxBit… Read More

April 3, 2024 @ 8:41 am By Omar Faridi  |  

HighRadius announces the launch of Accounts Payable Automation, the GenAI native solution, to automate the entire payer-supplier payment process. AP teams have been working “with traditional, one-way applications intended to reduce manual processes and save costs.” However, these haven’t helped suppliers, “who get limited payment… Read More

April 3, 2024 @ 6:37 am By Omar Faridi  |  

Liberis, the global embedded finance platform, announced a partnership with Shop Circle, the e-commerce software provider. Shop Circle Capital, powered by Liberis, is designed to “offer instant, hassle-free funding.” This partnership will enable Liberis to “expand its reach within the e-commerce industry through Shop Circle… Read More

April 2, 2024 @ 10:01 pm By Omar Faridi  |  

Digital asset exchange Fasset’s app is now officially available to users in the UAE. The app offers access to broker-dealer services for “both early investors and experienced real-world asset investors seeking to diversify their investment portfolio with digital assets.” Fasset’s platform allows secure and seamless… Read More