January 4, 2024 @ 3:00 am By JD Alois  |  

Payments Fintech Volt has announced the appointment of Irina Chuchkina as Chief Marketing Officer. Chuchkina was previously at Thunes. Prior to Thunes, Chuchkina held executive marketing roles at Rapyd,  super-app Grab, and Visa. She has also served on the board of the Singapore Fintech Association…. Read More

January 3, 2024 @ 5:21 pm By JD Alois  |  

Two House Financial Services Committee subcommittees have scheduled hearings for next week. The Digital Assets, Financial Technology, and Inclusion Subcommittee has scheduled a Hearing Entitled: “Regulatory Whiplash: Examining the Impact of FSOC’s Ever-Changing Designation Framework on Innovation.” FSOC, or the Financial Stability Oversight Council, involves… Read More

January 3, 2024 @ 5:08 pm By JD Alois  |  

Coinshares has provided an update on digital assets and the platform is reporting that digital asset investment products experienced  $2.25 billion of inflows for the full year in 2023, Coinshares states that this is the 3rd largest year based on data from back to 2017…. Read More

January 3, 2024 @ 4:57 pm By Omar Faridi  |  

Credas Technologies, the identity verification checks provider, has announced the launch of its material information function, helping estate agents “to get ahead of the latest rule changes announced by Trading Standards at the end of last year.” The Parts B and C of The National… Read More

January 3, 2024 @ 1:35 pm By JD Alois  |  

Commissioner Mark Uyeda has been sworn in for a second term at the Securities and Exchange Commission (SEC). His previous term expired in 2023, and now Uyeda may remain at the SEC until 2028. Uyeda is one of two Republican Commissioners – the other being… Read More

January 3, 2024 @ 1:28 pm By JD Alois  |  

Republic has posted its 2023 “Annual Report,” and according to the company, it has raised $2.6 billion since inception. This is inclusive of Seedrs, a UK-based investment crowdfunding provider that Republic acquired in 2021. While this is confusing when compared to the £2.7 billion promoted… Read More

January 3, 2024 @ 12:11 pm By JD Alois  |  

Bitcoin continues to hold recent highs, topping $45,000 at the beginning of 2024 before pulling back a bit. Much of the speculation that is driving BTC higher is the expectation that the Securities and Exchange Commission (SEC) will soon approve a spot Bitcoin ETF after… Read More

January 3, 2024 @ 11:34 am By Omar Faridi  |  

Plaid says that it has led the industry shift away from screen scraping, with the majority of their traffic now “on or committed to APIs.” Plaid are pleased to see regulators “reaffirm the industry’s adoption of this new technology.” At the same time, the open… Read More

January 3, 2024 @ 10:39 am By JD Alois  |  

The Women in Fintech Powerlist 2023 is now accepting applications. The annual list is a project by Innovate Finance in the UK and highlights female founders/executives, influencers, and policymakers leading the charge in digital financial services. Applicants will submit names under eight different categories, including:… Read More

January 3, 2024 @ 9:20 am By Omar Faridi  |  

The board of SaveLend Group AB has updated the growth strategy and adopted new financial goals for the group until 2027. By 2027, the company aims to have “a net revenue exceeding MSEK 450 with an EBIT margin of at least 27%.” SaveLend Group is… Read More

January 3, 2024 @ 9:17 am By Omar Faridi  |  

CoinGecko has released a list of top-performing digital currencies throughout 2023. However, it must be noted that these gains could be short-term because many of these projects involve meme coins or initiatives that don’t really have a meaningful value proposition. Despite their lack of real-world… Read More

January 3, 2024 @ 9:13 am By Omar Faridi  |  

WISeKey International Holding Ltd. (NASDAQ: WKEY), a global firm focused on cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, through its subsidiary WISe.ART, a key player in the field of digital art and luxury collectibles, is pleased to announce… Read More

January 3, 2024 @ 9:03 am By Omar Faridi  |  

Buying a home and paying off the mortgage are the “biggest financial wins” that make people proud, while living in debt and spending beyond one’s means are the “nation’s biggest regrets,” according to research shared by online pension provider PensionBee. A survey by PensionBee has… Read More

January 3, 2024 @ 8:49 am By Omar Faridi  |  

Bitcoin (BTC)  gained 13% in December 2023 (and is trading at over $45,000 to start off the new year). These price moves punctuate a year of strong returns, but the largest crypto asset was, in fact, “outpaced by other market segments last month,” the team… Read More

January 3, 2024 @ 8:41 am By Omar Faridi  |  

Dwayne Gefferie, a strategist helping payments companies with scaling operations, has commented on why he thinks UK Fintech Wise (LSE:WISE) and Revolut need to take HSBC‘s new initiative seriously. According to Gefferie, if HSBC‘s announcement of their new venture Zing teaches us anything, it is… Read More

January 2, 2024 @ 11:32 pm By Omar Faridi  |  

Governor Kathy Hochul recently announced that the New York State Department of Financial Services adopted guidance for New York State-regulated banking and mortgage institutions in order “to help them manage their material financial and operational risks associated with climate change.” Governor Hochul said: “Climate change… Read More

January 2, 2024 @ 11:30 pm By Omar Faridi  |  

Banco Central do Brasil has released operational guidelines for the Pix Automático product. Pix Automático will be available to the population in October 2024. The new feature is designed “to streamline recurring payments, including monthly service fees.” The launch of Pix Automático is drawing near…. Read More

January 2, 2024 @ 7:14 pm By Omar Faridi  |  

As 2023 came to a close and we enter the new year, OffChain Labs shared that they believe it’s a great opportunity to look back at all of the progress they’ve made. Offchain Labs introduced new products to the broader industry, while continuing their mission… Read More

January 2, 2024 @ 7:12 pm By Omar Faridi  |  

As we enter 2024, CI has received insights from the CEO’s of crypto industry firms including professionals who are overseeing the operations of digital asset exchanges, custody platforms, payment product developers, and services associated with various other protocols. Bobby Zagotta, US CEO of Bitstamp, which… Read More

January 2, 2024 @ 7:09 pm By Omar Faridi  |  

As we enter 2024, Madhusudan Ekambaram, Co-founder and CEO at KreditBee, has shared insights on the Fintech-sector at large as well as his outlook for 2024. Madhusudan Ekambaram, Co-founder and CEO at KreditBee said that we “have seen a robust demand for credit in the… Read More