March 25, 2024 @ 8:48 am By Omar Faridi  |  

The Solana ecosystem has emerged as the most popular blockchain ecosystem so far this year, accounting for 49.3% of global crypto investor interest in chain-specific narratives, according to an update from CoinGecko. The CoinGecko report noted that the Solana ecosystem’s dominant mindshare “has been fueled… Read More

March 25, 2024 @ 8:46 am By Omar Faridi  |  

Digital bank N26 recently announced the appointment of Mayur Kamat as its new Chief Product Officer. Mayur is said to have “a proven track record leading product teams and building new solutions at some of the world’s biggest technology companies.” He reportedly brings with him… Read More

March 24, 2024 @ 9:17 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has today announced the launch of its flexible payment options on boots.com and in the Boots app in the UK and Ireland. This latest announcement follows the launch of Klarna in-store at Boots in 2022. Through… Read More

March 24, 2024 @ 9:00 pm By Shane Rodgers  |  

The collapse of Bahamas-based crypto exchange FTX sent shockwaves through the alternative investment world and arguably changed the cryptocurrency market forever. Following a mass exodus of investors that exposed an $8 billion gap in the company’s accounts, the market has been attempting to bounce back… Read More

March 24, 2024 @ 7:50 pm By Omar Faridi  |  

Coupa, the AI-driven platform that helps you operate smarter and grow faster, today announced the launch of its first data center in the Middle East, to be inaugurated in collaboration with the Amazon Web Services (AWS) team in Dubai. The new data center highlights Coupa’s… Read More

March 24, 2024 @ 5:53 pm By Omar Faridi  |  

Visa (NYSE: V) released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors “targeting the most vulnerable point in the payments’ ecosystem: humans.”… Read More

March 24, 2024 @ 5:48 pm By Omar Faridi  |  

Payments Canada is seeking input on proposed changes to how bill payment remittances are processed through the Automated Clearing Settlement System (ACSS). This includes the potential impact the changes “could have on billers, consumers who make bill payments and any financial institution or organization that… Read More

March 24, 2024 @ 5:46 pm By Omar Faridi  |  

Built, a software platform designed to connect and simplify doing business in real estate, is launching an expansion of its platform to meet the specific needs of real estate owners and developers to improve the movement of money and decision making. Built’s new product for… Read More

March 24, 2024 @ 5:45 pm By Omar Faridi  |  

Euroclear has announced an agreement with iCapital, an alternative investment marketplace for the wealth management industry. With this partnership, Euroclear’s clients “will gain enhanced access to a broader range of alternative investments, including private equity, private credit, real estate, infrastructure, and hedge funds.” The iCapital… Read More

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