February 1, 2024 @ 9:01 pm By Omar Faridi  |  

To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) confirmed that it has entered into a definitive agreement to acquire digital B2B gift card rewards innovator Tango Card. Talbott Roche, CEO & president of BHN, said Tango was… Read More

February 1, 2024 @ 7:58 pm By Omar Faridi  |  

Banco Santander has announced the appointment of Petri Nikkilä as the new global CEO of Openbank and head of the Digital Consumer Bank’s non-auto consumer business. Mr. Nikkilä succeeds Ezequiel Szafir, who “was Openbank’s CEO until last year, and will report to Daniel Barriuso, head… Read More

February 1, 2024 @ 7:57 pm By Omar Faridi  |  

Taurus SA announces it has joined the ERC3643 Association. This move is said to establish Taurus “as one of the first digital asset custody and tokenization infrastructure providers to join the association, marking a significant step in the advancement of smart contract standardization, and reinforcing… Read More

February 1, 2024 @ 7:48 pm By Omar Faridi  |  

Conferma Pay has partnered with ConnexPay to allow businesses to simplify their payments processes by issuing virtual cards for improved cash flow management. The partnership brings together Conferma Pay’s virtual card ecosystem and ConnexPay’s virtual card issuing engine and real-time funding processes “to create a… Read More

February 1, 2024 @ 7:46 pm By Omar Faridi  |  

Colt Technology Services, the digital infrastructure company, announced the successful completion of a three-month Proof of Concept utilizing Singapore Exchange (SGX Group)’s Derivatives data, showcasing how Market Data in the Cloud, Colt’s Multicast Raw Market data distribution service for Capital Markets, is “unlocking the full… Read More

February 1, 2024 @ 3:42 pm By JD Alois  |  

OurCrowd, a global online investment platform catering to smaller (accredited) investors, has announced the launch of its Korea-Israel Venture fund – officially labeled NH-OC Global Open Innovation Fund. OurCrowd offers single-company investment opportunities as well as a growing list of sector funds along with its… Read More

February 1, 2024 @ 12:49 pm By Omar Faridi  |  

Tether Holdings Limited (BVI) released its assurance opinion for the fourth quarter of 2023, conducted by BDO, an independent auditing firm. This attestation reportedly reaffirms “the accuracy of Tether’s Consolidated Reserves Report (CRR) and provides a detailed breakdown of the assets held by the Group… Read More

February 1, 2024 @ 12:47 pm By JD Alois  |  

Following the exit of Mica Fisher, NC3 [National Coalition for Community Capital] has announced a new Executive Director, Katharine Gilman. Prior to joining NC3, Gilman was the Director of Operations at the Ecology Learning Center, where she helped to establish a public charter high school… Read More

February 1, 2024 @ 10:52 am By JD Alois  |  

The pan-European regulatory regime for securities crowdfunding is still very young. Many platforms established before the rules existed have yet to apply to be approved under the new rules. ECSPR, or European Crowdfunding Securities Provider Regulations, enables a platform to list securities and sell them… Read More

February 1, 2024 @ 10:36 am By JD Alois  |  

Coinshares says it now offers an exchange-traded product (ETP) that offers 1.25% staking rewards for Ethereum (Nasdaq Stockholm: CS; US OTCQX: CNSRF). The ETP does not hold a fee. The ETP trades on Nasdaq Stockholm and OTC Markets. Frank Spiteri, Head of Asset Management at… Read More

February 1, 2024 @ 10:19 am By JD Alois  |  

Paytm, the operating name of One 97 Communications Limited (PAYTM.NS), shares cratered today as the Reserve Bank of India (RBI) decided to halt deposits in its digital wallet and accounts. Paytm describes itself as India’s most loved payments app. The company also operates Paytm Payments… Read More

February 1, 2024 @ 9:53 am By JD Alois  |  

Fintech Scotland says it will be partnering with Deloitte, Tesco Bank, Morgan Stanley, and ABRDN on its first innovation challenge. The inaugural innovation challenge, established in concert with the Financial Regulation Innovation Lab (FRIL), focuses on simplifying compliance by leveraging AI and other technologies. The… Read More

February 1, 2024 @ 8:27 am By Omar Faridi  |  

Santosh Radhakrishnan, CCO at XYB, an end-to-end coreless banking platform, recently commented on the future of banking and the different challenges the financial services sector is facing. Santosh also talked about the key pain points that presently exist in the banking sector. XYB claims that… Read More

February 1, 2024 @ 8:17 am By Omar Faridi  |  

Bank of Ireland has announced an investment of more than €60 million in a range of branch improvements, including the Bank’s largest single investment in ATMs in the last decade. Starting later this year, a new fleet of ATMs will “be rolled out to all… Read More

February 1, 2024 @ 8:15 am By Omar Faridi  |  

Celsius Network LLC announced that it has emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization. The plan was reportedly “approved by approximately 98% of the company’s account holders and confirmed by the Bankruptcy Court for the Southern District of New… Read More

February 1, 2024 @ 8:06 am By Omar Faridi  |  

A former UK finance minister on Wednesday (January 31, 2024) has reportedly joined crypto exchange Coinbase (NASDAQ:COIN) to serve as the firm’s global advisor. As reported by CNBC, this latest appointment made by Coinbase is expected to strengthen the digital asset firm’s regulatory position at… Read More

February 1, 2024 @ 7:53 am By Omar Faridi  |  

Dynatrace (NYSE: DT), which claims to be among the leaders in unified observability and security, has recently announced that it is working with Lloyds Banking Group, which is reportedly one of the UK’s largest financial services providers, in order “to measure the environmental carbon impact… Read More

February 1, 2024 @ 3:22 am By Omar Faridi  |  

MX Technologies, Inc., announced the launch of Customer Analytics for financial services providers. Customer Analytics leverages enhanced transaction data and actionable consumer insights to help financial providers “increase deposits and engagement by identifying cross-sell opportunities, achieving a higher ROI on marketing spend and campaigns, and… Read More

February 1, 2024 @ 1:22 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds “that EMIs now… Read More

January 31, 2024 @ 10:39 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used “to develop Puffer’s open-source technologies, its… Read More