January 15, 2024 @ 1:42 pm By Omar Faridi  |  

Alpaca recently shared key platform developments that took place last year. Alpaca has commented on key milestones, partnerships, and innovations that have shaped their year in 2023. As they enter 2024, the team remains focused on supporting a wide range of open financial services in… Read More

January 15, 2024 @ 1:41 pm By Omar Faridi  |  

Swiss Fintech Klarpay recently commented on key platform developments during Q4 2023. The Switzerland-based Fintech firm said that during the final quarter of 2023, Klarpay has marked significant milestones, “introducing innovative features and participating in exciting industry events.” According to financial tech firm, the financial… Read More

January 15, 2024 @ 11:50 am By Omar Faridi  |  

Paul Grewal, the Chief Legal Officer at Coinbase (NASDAQ:COIN), says that it’s the US Congress’ job to make the laws and set the regulatory boundaries “for each of our federal agencies.” Paul Grewal from Coinbase points out that the CFPB is no exception, and recently the… Read More

January 15, 2024 @ 11:49 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting that digital asset investment products saw $1.18 billion inflows last week (subject to T+2 settlement), although this did “not break the record set at the launch of the futures-based Bitcoin ETFs which totaled $1.5 billion back… Read More

January 15, 2024 @ 11:39 am By JD Alois  |  

Last month, Circle, a stablecoin issuer, announced the receipt of a conditional registration as a Digital Asset Service Provider (DASP) or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the Autorité des Marchés Financiers (AMF). When the approval was announced, Jeremy Allaire, co-founder and CEO… Read More

January 15, 2024 @ 9:25 am By Omar Faridi  |  

UK Open Banking adoption and integration into the financial ecosystem remains steady with over six years of ongoing developments. CI recently received insights regarding open banking and its “transformative” potential as payments via this method become more widely recognized. Saturday 13th January marked the sixth… Read More

January 15, 2024 @ 9:04 am By JD Alois  |  

While some are predicting a big move higher in the price of Bitcoin following the approval of eleven Bitcoin ETFs, volatility in the price of BTC is the story today. At this moment, Bitcoin is now trading at around $43,000 after tanking to under $42K. … Read More

January 15, 2024 @ 8:27 am By Omar Faridi  |  

FINRA published its 2024 FINRA Annual Regulatory Oversight Report, formerly known as the Report on FINRA’s Examination and Risk Monitoring Program. The report provides member firms “with key insights and observations from recent activities of FINRA’s regulatory operations to use in strengthening their compliance programs.”… Read More

January 15, 2024 @ 8:27 am By Omar Faridi  |  

Scotland’s Fintech cluster has reportedly experienced a 24% increase in overall jobs within fintech as Fintech Scotland, the cluster management organization, marks its sixth year of supporting the ecosystem. Regularly delivering on Scotland’s goal to considerably boost fintech-focused roles, the nearly  25% growth is being… Read More

January 15, 2024 @ 8:21 am By Omar Faridi  |  

UK’s prime property finance company CapitalRise is reporting £250m bank funding line, as part of its approach to diversify and boost the resilience of its capital sources and facilitate lending growth. This funding line is the fifth and reportedly the largest secured by the company… Read More

January 15, 2024 @ 8:16 am By Omar Faridi  |  

UK’s ThinCats is reporting that lending is up more than 30% in 2023 to record levels. In total, ThinCats has now lent “more than £1.7bn to businesses across the UK while assets under management stand at £790 million.” Despite a challenging economic environment, ThinCats has… Read More

January 15, 2024 @ 8:14 am By Omar Faridi  |  

CertiK has released the Web3 Security Report for Q3 2023. CertiK explains that the report aims to serve “as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space.” The update from CertiK is intended to equip stakeholders… Read More

January 15, 2024 @ 7:01 am By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, and paymints.io, a cloud-based financial operating system for digital payments that allows title insurance companies and real estate brokerages to send and receive digital payments in and out of escrow accounts, announced the… Read More

January 15, 2024 @ 5:22 am By Omar Faridi  |  

‍Small business optimism returns in 2024, as half of SMEs anticipate growth this year, according to new research from iwoca – which claims to be one of Europe’s largest small business lenders. iwoca also mentioned that nearly half (47%) of small business owners “surveyed expect… Read More

January 14, 2024 @ 5:45 pm By Omar Faridi  |  

David Carlisle, the Vice President of Policy and Regulatory Affairs at Elliptic, noted that on January 10, the US Securities and Exchange Commission (SEC) undertook the landmark step of approving 11 spot Bitcoin exchange traded funds (ETFs). David Carlisle, who brings a wealth of experience… Read More

January 14, 2024 @ 5:42 pm By Michael Wong  |  

Reserve Bank of India (RBI) Governor Shaktikanta Das refuted claims that new digital lending guidelines would hinder fintech growth, asserting instead that investor confidence in the sector has risen since their implementation. Speaking at the Mint BFSI conclave in Mumbai, Das highlighted the positive impact… Read More

January 14, 2024 @ 5:40 pm By Omar Faridi  |  

Global Fintech Broadridge Financial Solutions, Inc. (NYSE:BR) announced the launch of OpsGPT, a new capability for operations users, analysts, and management teams to transform their operations across the post-trade lifecycle. Powered by Generative AI (GenAI) and Large Language Model (LLM) technology, OpsGPT uses transactions, settlements… Read More

January 14, 2024 @ 5:38 pm By Omar Faridi  |  

Pakistan’s Caretaker Federal Minister for IT and Telecom, Dr. Umar Saif said that there are some positive developments to look forward to this year. During an event called Tech Destination Pakistan, Dr. Umar Saif revealed that starting in February of this year, a pilot project should… Read More

January 14, 2024 @ 5:35 pm By Omar Faridi  |  

In a move to foster global education and support aspiring students, Prodigy Finance has announced that it is now financing international master’s students “to pursue their studies in Australia.” Prodigy Finance, a social impact-driven FinTech and an international student loan lender is committed “to breaking… Read More

January 14, 2024 @ 5:30 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announced the appointment of Paul Staples as Group Head of Embedded Banking and Nick Ford as Group Head of Channels and Alliances. Paul has reportedly had “a 20-year career in banking, and building… Read More