March 24, 2024 @ 5:43 pm By Omar Faridi  |  

NX Technologies, a fintech company that operates the automotive payment management platform bezahl.de, announced that it has raised 22 million euros ($24,027,000) in series B funding, led by PayPal Ventures, the corporate venture arm of global payments and commerce company PayPal. With its core product… Read More

March 24, 2024 @ 5:42 pm By Omar Faridi  |  

Zurich Insurance Group has announced the launch of its first European Long-Term Investment Fund (ELTIF 2.01), aimed at providing individual investors and life insurance customers with access to opportunities in the asset class of private debt, “traditionally only available to professional investors.” The Fund is… Read More

March 24, 2024 @ 5:40 pm By Michael Wong  |  

Personal finance app operator Copilot announced that it has successfully raised $6 million in a Series A funding round anchored by venture capital firm Adjacent. The round is aimed at expanding the app’s reach across all platforms and bolstering its artificial intelligence and product development… Read More

March 24, 2024 @ 12:16 pm By Michael Wong  |  

Blockchain project Espresso Systems has successfully closed a $28 million Series B funding round, with a16z crypto leading the investment. This latest financial boost brings the total funding to over $60 million, following a $30 million Series A round in 2022 and an initial $2… Read More

March 23, 2024 @ 5:56 pm By Omar Faridi  |  

For most of the research that Chainalysis release in their annual Crypto Crime Report, the data tells “a clear story.” For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends “can be analyzed with Chainalysis labeling and data.”… Read More

March 23, 2024 @ 4:55 pm By Omar Faridi  |  

Australia’s payments provider, Zeller, and the global enabler of restaurant POS systems, Oracle, have come together to provide restaurateurs with a complete solution for managing orders and securely taking payments at speed. For food and beverage venues across the country, this new integration that connects… Read More

March 23, 2024 @ 3:48 pm By Omar Faridi  |  

KPMG UK launches the fourth edition of its Financial Services Regulatory Barometer, providing a biannual measure of the regulatory pressure faced by financial services firms in the UK and EU. The latest aggregate Regulatory Impact Score “stands at 7.3 (out of 10), up from 7.2… Read More

March 23, 2024 @ 3:42 pm By Tony Zerucha  |  

AU10TIX, a global technology provider of identity verification and management, recently released its Q4 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from October to December 2023, the report uncovers significant trends in large-scale organized identity fraud. This special… Read More

March 23, 2024 @ 3:39 pm By Omar Faridi  |  

DBS Bank, together with J.P. Morgan Asset Management (JPMAM), has debuted Asia’s first global investment portfolio that not only automatically calibrates its asset allocation to an individual’s life stage and retirement timeline (also known as a “glidepath”), but also allows investors to automate their drawdowns… Read More

March 23, 2024 @ 3:38 pm By Michael Wong  |  

KuCoin, a global cryptocurrency exchange and ranked within the top seven, has announced its achievement as the first Financial Intelligence Unit (FIU) compliant global crypto exchange in India. This landmark accomplishment highlights a crucial moment in the dynamic landscape of Indian cryptocurrency amidst recent regulatory… Read More

March 23, 2024 @ 8:13 am By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced an expansion of its Amazon (NASDAQ:AMZN) partnership by powering payments for retailers using Just Walk Out technology in Australia and Canada. Amazon’s Just Walk Out technology is “designed to be an effortless shopping experience. The guest enters… Read More

March 23, 2024 @ 8:12 am By Omar Faridi  |  

New analysis conducted by the Centre for Economics and Business Research, on behalf of PensionBee, reveals that over £50 billion pounds in hard-earned pensions are at risk of being misplaced in abandoned accounts or scattered across multiple lost pots. The new research estimates that “at… Read More

March 23, 2024 @ 8:10 am By Tony Zerucha  |  

The American Fintech Council (AFC), an industry association representing Fintech companies and banks, this week announced that financial benefits platform Wagestream has become its newest member. “Wagestream has done a phenomenal job of scaling its financial wellbeing approach to span multiple different benefits for workers,… Read More

March 23, 2024 @ 8:06 am By Omar Faridi  |  

FV Bank, the U.S. licensed global digital bank that offers traditional and digital asset banking and custody services, announced an expansion in its deposit capabilities that gives clients the option to deposit euros into their USD bank account. In addition to USD deposits, account holders… Read More

March 23, 2024 @ 8:03 am By Michael Wong  |  

Backed, a key player in the tokenization of real-world assets, has unveiled a new suite of services tailored for financial institutions looking to enter the digital asset space with security and compliance at the forefront. The Swiss-based company is expanding its offerings to include the… Read More

March 23, 2024 @ 6:36 am By Omar Faridi  |  

Bank of Ireland is warning that ‘money-muling’ – or allowing a bank account to be used to transfer stolen money for a fee – can lead to a criminal record and impact travel or employment prospects. The warning comes as some students “will be planning… Read More

March 23, 2024 @ 2:22 am By Omar Faridi  |  

NatWest will work with JS Group, an innovative partner to universities with a track record of improving the delivery of specialist student funds and of strengthening student engagement, to support more students as they progress within the UK’s higher education system. It’s said to be… Read More

March 22, 2024 @ 3:12 pm 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 Netcoins will be expanding its staking services in Canada “with the launch of Solana and ATOM on… Read More

March 22, 2024 @ 3:06 pm By JD Alois  |  

Senator Elizabeth Warren is on the warpath once again, taking aim at one of her favorite targets: Elon Musk. In a letter addressed to the Securities and Exchange Commission (SEC), Senator Warren tells SEC Chairman Gary Gensler that Musk and Tesla’s Board of Directors “may… Read More

March 22, 2024 @ 11:45 am By Omar Faridi  |  

Micropayment, the Berlin-based payment processor, has partnered with Tink, a payment services and data enrichment platform, to add Pay by Bank to its payments offering. Operating primarily in Germany, Austria, and Switzerland, Micropayment works with merchants across industries “including fundraising and non-profit, digital services, gaming… Read More