November 1, 2023 @ 10:07 pm By Omar Faridi  |  

9fin, a provider of AI-powered data, news and analytics for debt capital markets, has today announced the launch of “9fin AI”. The powerful 9fin AI tool enables clients “to ask questions about companies within the debt capital markets and get high quality answers in real… Read More

November 1, 2023 @ 8:00 pm By Omar Faridi  |  

We recently connected with Milan Velev, Nexo’s Chief Security Officer, who shared key insights with CI regarding the importance of setting standards for crypto platform security. Milan Velev from Nexo explained why crypto investors and traders need to prioritize security. He also commented on their… Read More

November 1, 2023 @ 7:31 pm By JD Alois  |  

Hong Kong is showing its support for digital assets today as ZA Bank, one of a handful of regulated digital banks in the jurisdiction, has announced support for crypto exchange OKX Hong Kong. ZA Bank has issued a statement indicating they will provide an operating… Read More

November 1, 2023 @ 6:07 pm By Omar Faridi  |  

AU10TIX, a global technology leader in identity verification and management, announced the availability of its ID Document & Biometric Verification platform and Reusable Digital ID solution in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. AU10TIX’s fully automated… Read More

November 1, 2023 @ 6:00 pm By Omar Faridi  |  

Kyndryl (NYSE: KD), the technology infrastructure services provider, announced the availability of new services for financial services organizations seeking to use Google Cloud to safely store and protect their confidential and sensitive data. Kyndryl’s new services are designed “to enable a unified, scalable and security-rich… Read More

November 1, 2023 @ 3:49 pm By JD Alois  |  

The US Federal Reserve held rates steady today following a meeting of the Federal Open Market Committee (FOMC). While inflation remains stubbornly high and economic activity robust, the Fed decided it was better to wait and see if the following months of rapid rate increases… Read More

November 1, 2023 @ 3:37 pm By Omar Faridi  |  

MDOTM Ltd, the global provider of AI-driven investment solutions for banks, insurance, asset and wealth management companies, and Analysis S.p.A, the Italian firm that has been providing integrated software solutions for the financial and wealth management industry for over 30 years, announce a partnership in… Read More

November 1, 2023 @ 1:50 pm By JD Alois  |  

The Securities and Exchange Commission has charged SafeMoon LLC, founder Kyle Nagy, SafeMoon US LLC, its CEO John Karony, and CTO Thomas Smith, for fraud through the unregistered sale of a crypto asset security. Simultaneously, criminal charges were filed in the US Attorney’s Office for… Read More

November 1, 2023 @ 1:36 pm By Omar Faridi  |  

Charlie, the new “standard” for 62+ banking services, announced it has raised a $23M Series A with TTV Capital serving as the lead investor. FPV also participated in the investment round “as well as other seed investors including Better Tomorrow Ventures.” The capital is a… Read More

November 1, 2023 @ 1:34 pm By Omar Faridi  |  

Greenly, the carbon accounting platform that helps 1,500+ companies worldwide measure and then reduce their carbon footprint, has announced its new Climate Rating System, using a points and medal system– Bronze, Silver, Gold and Platinum – in order “to measure the reality of their customers’… Read More

November 1, 2023 @ 12:28 pm By JD Alois  |  

Representative Patrick McHenry and Senator Cynthia Lummis have joined to issue a statement criticizing a recent action by the Securities and Exchange Commission (SEC). McHenry is Chair of the House Financial Services Committee. Lummis sits on the Senate Banking Committee. The statement revolves around the… Read More

November 1, 2023 @ 12:15 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), the online platform for small business loans, announced that we have received a formal notice from the US Small Business Administration (SBA) that their application has “resulted in a tentative award for an SBA Small Business Lending Company (SBLC) license to… Read More

November 1, 2023 @ 11:46 am By JD Alois  |  

Earlier this week, the Securities and Exchange Commission (SEC) filed an enforcement action against SolarWinds (NYSE:SWI) for fraud and failures in regard to “allegedly known cybersecurity risks and vulnerabilities.” CI has received a statement from a SolarWinds spokesperson refuting the SEC’s allegations. The SolarWinds representative… Read More

November 1, 2023 @ 11:31 am By Omar Faridi  |  

Investment platform Lightyear announces its expansion into exchange traded commodities (ETCs) with the launch of gold. Adding ETCs to its existing suite of 3,500+ stocks, ETFs and MMFs, is another way for Lightyear’s retail and business customers “across Europe to diversify portfolios.” iShares Physical Gold… Read More

November 1, 2023 @ 11:27 am By JD Alois  |  

The British Business Bank says it has agreed to a £100 million ENABLE Guarantee transaction with Oxbury Bank, a financial institution that focuses on farmers, food production and the rural economy. Oxbury is described as an “AgTech” bank that operates a Fintech platform called OxburyEarth… Read More

November 1, 2023 @ 9:26 am By Omar Faridi  |  

Revolut, the financial super app with more than 35 million customers worldwide introduces Trading Pro — a powerful set of tools and insights for advanced traders designed to enhance their trading experience. The new subscription across the EEA is “provided by Revolut Securities Europe UAB… Read More

November 1, 2023 @ 9:18 am By Omar Faridi  |  

Mangopay, a platform-specific payment infrastructure provider, announces that it has been authorized by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). MangoPay is a successful, France-based Fintech that was acquired by a French bank in 2015. The new e-money license from the… Read More

November 1, 2023 @ 8:55 am By JD Alois  |  

EstateGuru, an online investment platform for debt securities, says the first nine months of 2023 saw investors receiving €107.5 million in returns, with €13.5 million being profit. EstateGuru adds that Q3 delivered €46.6 million in principal repayments and income, an increase of over 80% compared… Read More

November 1, 2023 @ 8:37 am By Omar Faridi  |  

Shield AI, the defense technology company building the AI pilot for aircraft, today announced it has raised $200 million in Series F funding in an oversubscribed funding round. This latest investment round, “led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with… Read More

November 1, 2023 @ 8:21 am By Omar Faridi  |  

NEXT Insurance, a technology-first small business insurer, announced its strategic partnership with Allstate that will combine the companies’ expertise in small business insurance to develop and “offer innovative and unique new products to a large underserved market, as well as a commitment to deepening its… Read More