January 5, 2024 @ 12:29 pm By JD Alois  |  

On Monday, January 8, 2024, the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) will hold a meeting to discuss several topics of note. According to the Agenda, the CFTC TAC will cover the use of Artificial Intelligence [AI], blockchain in regard to DeFi, and… Read More

January 5, 2024 @ 12:23 pm By Omar Faridi  |  

Investment platform Lightyear announces a “record” year of investment activity on the platform. Seeing nearly 20% month-on-month growth in assets under management (AUM), the appetite for investing – despite another rollercoaster year for the public markets – remains high. In 2023, the company also “increased… Read More

January 5, 2024 @ 12:21 pm By Omar Faridi  |  

SoFi (NASDAQ: SOFI), the “all-in-one” digital personal finance company, announced SoFi Invest will offer a 2% match on all eligible IRA (individual retirement account) contributions through Tax Day (April 15, 2024). This new offer doubles the previously “announced 1% IRA match offered in late 2023, and… Read More

January 5, 2024 @ 12:19 pm By Omar Faridi  |  

The most notable crypto narratives in 2023 were focused on initiatives around artificial intelligence (AI), GameFi, and meme coins, which captured “one-third of investor interest,” according to an update shared by CoinGecko. CoinGecko noted in its report that the Solana ecosystem, BRC-20 tokens, and real-world… Read More

January 5, 2024 @ 12:14 pm By Omar Faridi  |  

Nu Colombia, a subsidiary of Nubank (NYSE:NU) in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only “marks a significant milestone for Nu Colombia but also paves the way… Read More

January 5, 2024 @ 12:12 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial platform of choice for leading companies, is pleased to announce that the company is entering a partnership with Straumur, a subsidiary of Kvika. Straumur is a payment provider that “processes payments in several verticals on the Icelandic market, including but… Read More

January 5, 2024 @ 11:53 am By Omar Faridi  |  

Talus Pay, a payment processing solution for small and mid-sized merchants, has acquired Jobox.ai, a Fintech company servicing the home services industry, and Clarus Merchant Services, a provider of integrated B2B payment solutions. In combination with Jobox and Clarus, Talus Pay now “processes more than… Read More

January 5, 2024 @ 11:34 am By JD Alois  |  

Apple Savings APY has been increased to 4.35%. This is the second time that Apple (NASDAQ:AAPL) has increased the savings rate in the past 30 days, increasing it to 4.25% from 4.15% in December. Apple launched its savings feature, offering in partnership with Goldman Sachs… Read More

January 5, 2024 @ 11:11 am By JD Alois  |  

The UK is a top Fintech hub recognized globally for its innovation in financial services. The country has always punched above its weight class when it comes to Fintech and in the past led the charge for Fintech funding in all of Europe. A new… Read More

January 5, 2024 @ 9:37 am By Omar Faridi  |  

Digital securities are broadly acknowledged as the future of all securities. Yet, progress has been slow for regulators around the world to craft the needed rules to enable digital to replace existing analog securities. The advent of distributed ledger technology (DLT), or blockchains, is expected… Read More

January 5, 2024 @ 9:30 am By Omar Faridi  |  

Receipts Depositary Corporation (RDC) announced the launch of the first ever Bitcoin depositary receipt (BTC DR). RDC expects to issue the first BTC DRs in transactions exempt “from registration under the Securities Act of 1933 to Qualified Institutional Buyers (QIBs) in the coming weeks. BTC… Read More

January 5, 2024 @ 8:54 am By Omar Faridi  |  

Central and Eastern Europe (CEE) is set to become the next “great place” to invest in as Western European businesses “seek new places to nearshore, offshore, or get access to growing consumer markets,” according to an update from iBanFirst. iBanFirst, a global provider of foreign… Read More

January 5, 2024 @ 8:47 am By Omar Faridi  |  

OKX Ventures, the investment arm of OKX, released a detailed report on the current state and future prospects of the stablecoin market. The report provides an in-depth analysis of the stablecoin sector’s growth patterns, innovations, and future directions. Key highlights from the report include: Market… Read More

January 5, 2024 @ 8:44 am By Omar Faridi  |  

Visa (NYSE: V), a digital payments firm, announced the launch of the Visa Web3 Loyalty Engagement Solution. The new value-added service reportedly aims to usher in “the future of customer engagement and loyalty, helping brands meet next-generation customers where they increasingly are – in digital… Read More

January 5, 2024 @ 8:43 am By Omar Faridi  |  

Accenture (NYSE: ACN) has completed the acquisition of 6point6, a U.K. technology consultancy, specializing in cloud, data, and cybersecurity. The acquisition enhances Accenture’s strategy and architecture capabilities, “with a particular emphasis on central government, defense and security, and financial services.” The acquisition was previously “announced… Read More

January 4, 2024 @ 11:11 pm By Omar Faridi  |  

BitGo will serve as the official custody provider for the Hashdex Bitcoin ETF pending approval. ETF applications require regulated custodians. BitGo’s support underscores “a shared commitment by both companies to a more robust and secure market infrastructure. If approved, Hashdex Bitcoin Futures ETF (ticker: DEFI)… Read More

January 4, 2024 @ 11:08 pm By Omar Faridi  |  

Starknet’ has shared its reflections and 2024 predictions with CI. The selection of reflections and predictions are from key players within the Starknet ecosystem and StarkWare. Starkware is reportedly “the main developer behind StarkNet, a layer-2 blockchain in the Ethereum ecosystem.” Eli Ben-Sasson, co-founder and… Read More

January 4, 2024 @ 11:07 pm By Omar Faridi  |  

Dubai Duty Free, which claims to be one of the largest travel retail operators, announced its partnership with Alipay+ in order “to power a seamless travel and checkout experience for international visitors.” Consumers from South Korea, Singapore, the Philippines, Thailand, Mongolia, Italy as well as… Read More

January 4, 2024 @ 11:05 pm By Omar Faridi  |  

Marco Manoppo, the Research Director at Digital Asset Research, notes that Vitalik Buterin had revealed the Ethereum 2024 roadmap highlighting key priorities. As noted in a post by Manoppo, it has 6 core elements: the Merge, Surge, Scourge, Verge, Purge, and Splurge. As mentioned in… Read More

January 4, 2024 @ 11:03 pm By Omar Faridi  |  

FusionIQ, a firm focused on the delivery of cloud-based wealth management solutions with their all-in-one digital platform for financial institutions, announced a partnership with Kinecta Federal Credit Union. The integrated FusionIQ One platform “makes it easy for banks and credit unions to offer additional investing… Read More