September 20, 2023 @ 9:38 am By Omar Faridi  |  

Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, is announcing it has partnered with OpenEden, a compliance-first partner that connects real-world yield opportunities with on-chain assets through its innovative platform that “integrates well understood regulated structures… Read More

September 20, 2023 @ 9:16 am By JD Alois  |  

Any longtime Apple (NASDAQ:AAPL) watcher understands that it is one of the largest Fintechs in the world with plans to become any bigger. Adding investments and trading makes sense. It is just a matter of time.  Today, there is a report by CNBC quoting those… Read More

September 20, 2023 @ 8:51 am By Omar Faridi  |  

As the interest rate environment continues to place pressure on the banking sector, key insights and data collected (last week) shed light on the present situation. This data, shared with CI, was obtained from banking, fintech and financial professionals at FinovateFall in New York and… Read More

September 20, 2023 @ 8:46 am By Omar Faridi  |  

Ethereum security professionals and developers have introduced ERC (Ethereum Request for Comment)-7512, a standard for onchain audit report representation, in a move to bolster blockchain security. This proposal aims to “enhance transparency and trust within the blockchain ecosystem by providing a standardized method to represent… Read More

September 20, 2023 @ 8:44 am By Omar Faridi  |  

has secured funding from Helvetia Venture Fund, the investment arm of the Swiss insurer group Helvetia, tasked with investing in businesses that will shape the future of the insurance industry. Alongside Helvetia, other financial backers reportedly include Autonom and The Mavers. Having raised over €6m… Read More

September 20, 2023 @ 8:38 am By Michael Wong  |  

In a significant move towards bolstering the global fight against climate change, HSBC announced today its commitment to allocate $1bn in financing to early-stage climate tech startups worldwide. This ambitious initiative aims to accelerate the development of innovative solutions in various domains, including electric vehicle… Read More

September 20, 2023 @ 7:27 am By Michael Wong  |  

SMI Vantage Limited, Singapore-based firm dedicated to cultivating new economy investments, is venturing into the cryptocurrency space by initiating a Bitcoin mining operation in Malaysia. The company disclosed the signing of a rental offer agreement via its wholly-owned subsidiary, SMI CS Pte Ltd. As per… Read More

September 20, 2023 @ 7:01 am By Omar Faridi  |  

Dave Inc. (Nasdaq: DAVE), one of the nation’s neobanks, has amended its existing Delayed Draw Senior Secured Loan Facility with Victory Park Capital Advisors, LLC, effective September 13, 2023. The amendment to the Credit Facility accomplishes the following: Increases the total size by $50 million… Read More

September 19, 2023 @ 9:56 pm By Omar Faridi  |  

Opera, the web innovator with over 319M users worldwide, unveils Minipay — a new web3 payments wallet built on Celo. Offering “instant” financial transactions, MiniPay is integrated “with the Opera Mini browser for Android users, making it easier and more affordable for individuals to send… Read More

September 19, 2023 @ 9:45 pm By Omar Faridi  |  

Stocktwits, the social platform for investors and traders across all asset classes including stocks, crypto, and other emerging investments, announced that they are launching options trading and increased sentiment data on the platform. These capabilities will expand the company’s existing suite of features “at a… Read More

September 19, 2023 @ 9:35 pm By Omar Faridi  |  

Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade. The €3 million investment will allow Enigio “to expand its bespoke solution, trace:original, which removes the need to physically transfer paper documentation within trade transactions.”… Read More

September 19, 2023 @ 8:17 pm By Omar Faridi  |  

Backbase is pleased to announce the partnership with Judo Bank (ASX: JDO) is now live. Judo selected Backbase’s Engagement Banking Platform (EBP) to create new digital experiences for its small and medium (SME) business banking and term deposit customers. The adoption of Backbase’s EBP will… Read More

September 19, 2023 @ 7:55 pm By Omar Faridi  |  

Pagaya Technologies LTD. (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, and Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, announced the closing of PAID 2023-S2, “continuing a partnership to provide funding and growth… Read More

September 19, 2023 @ 7:33 pm By Omar Faridi  |  

A survey from Xero, the global small business platform, has revealed that over half (53%) of small businesses in Canada “cited inflation as impacting their cash flow management in the last six months.” Some businesses have been so heavily impacted “that nearly one-third (31%) of… Read More

September 19, 2023 @ 4:59 pm By JD Alois  |  

According to a recent survey, 58% of US consumers expect all payments will be digital in the near future. This percentage increases to 67% when polling a younger demographic – more specifically, Millennials. Banking platform provider Temenos (SIX: TEMN) surveyed  2000 adults about their purchasing… Read More

September 19, 2023 @ 4:30 pm By JD Alois  |  

The New York State Department of Financial Services (NYDFS) has published “guidance” for the US digital asset industry building upon its already widely utilized Bit Licence rules. Superintendent Adrienne A. Harris issued a statement explaining her goal of prioritizing regulations for “virtual currency policy” to… Read More

September 19, 2023 @ 3:43 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced a strategic collaboration with Astra, a technology company that offers advanced instant payment solutions. With Astra’s technology, Treasury Prime customers now “have access to instant account funding and instant disbursements via push-to-card capabilities.” This feature marks a… Read More

September 19, 2023 @ 3:41 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small- and medium-sized enterprises (SMEs), today announced its partnership with Zywave, an industry-leading provider of insurtech solutions. The partnership is powered by Herald, a digital infrastructure provider that connects software developers to commercial insurance carriers “through a single… Read More

September 19, 2023 @ 3:35 pm By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) is pleased to announce that Matt Billings is joining the team as VP and President of Robinhood Financial LLC and Robinhood Securities, LLC effective as of – September 18, 2023. In this role, Matt will focus on furthering the firm’s commitment “to putting safety… Read More

September 19, 2023 @ 3:31 pm By Omar Faridi  |  

Credolab, a smartphone and web behavioural data analytics platform, has announced a strategic partnership with Circulo de Credito, a fast-growing Credit Information Society (Credit Bureau) in Mexico. The partnership aims to bring more financial inclusion to Mexico by “providing innovative credit, risk and fraud scoring… Read More