Tagged: innovation

September 20, 2023 @ 7:34 pm By Omar Faridi  |  

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, introduces WealthSmart, an innovative, all-in-one system developed for private banks and wealth managers. The wealth management industry has “experienced a seismic transformation this year, driven by consolidation, shifting investor… Read More

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 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 @ 3:28 pm By Omar Faridi  |  

Three of the world’s largest financial market infrastructures (FMIs) – DTCC, Clearstream, and Euroclear – released a paper on the state of the industry’s digital asset evolution. The paper calls for increased collaboration “to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment,… Read More

September 10, 2023 @ 5:27 pm By Omar Faridi  |  

Paysafe (NYSE: PSFE), a payments platform, and Eightcap, a global retail trading provider, are excited to announce the strengthening of their partnership through the introduction of an innovative Embedded Trading Wallet solution. This collaboration aims to “provide a joint embedded finance solution for Eightcap and… Read More

September 10, 2023 @ 5:22 am By Omar Faridi  |  

PwC announced a three-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) in order “to accelerate innovation, improve operational efficiency and transform the way business is done.” This SCA enhances PwC’s strong expertise in “using cloud to power business, strengthening its ability to… Read More

September 7, 2023 @ 10:16 pm By Omar Faridi  |  

The Fundrise Innovation Fund has invested $2 million into Jetty, a financial services platform for the rental real estate industry. Rental housing represents roughly 12% of US GDP, “making it the largest addressable market by several measures.” Yet, it has historically “been overlooked in spite… Read More

September 5, 2023 @ 3:16 pm By Omar Faridi  |  

Instant Financial, which claims to be a leading innovator in the financial technology sector, has successfully raised a second funding round led by TTV Capital, a fintech-focused venture capital firm, and an original investor in Instant. The funding round also “saw participation from ITC Holdings… Read More

September 1, 2023 @ 3:59 pm By Omar Faridi  |  

This strategic partnership showcases Copper‘s continued commitment to providing secure and reliable custody services “for innovative blockchain projects and protocols and promoting sustainability.” Copper, a digital asset infrastructure provider, is has officially integrated custody support for Sustainable Bitcoin Protocol‘s new asset, the Sustainable Bitcoin Certificate… Read More

August 31, 2023 @ 6:47 pm By Omar Faridi  |  

Argentina is regarded as one of the world’s “leading” countries for innovation and crypto adoption, according to an update shared by WorldCoin. That reputation was reinforced in August, “as demand for World ID in Argentina drove a new single day record for Orb verifications.” This,… Read More

August 31, 2023 @ 11:38 am By Omar Faridi  |  

Archie – an innovative new fintech acceleration partner – launches with “a mission to scale the next generation of fintech disruptors that will define and lead the category.” With the belief that fintech founders need much more than financial backing to turn their ambitions into… Read More

August 30, 2023 @ 7:28 am By Omar Faridi  |  

The grant will establish a PayPal Retail Academy to support Atlanta-area entrepreneurs. The Russell Innovation Center for Entrepreneurs (RICE) announced a $1 million grant from PayPal Holdings, Inc. (NASDAQ:PYPL) in order to launch the PayPal Retail Academy, which will provide a robust curriculum of innovative… Read More

August 29, 2023 @ 9:44 pm By Omar Faridi  |  

FT Partners Research is pleased to announce the release  of their new in-depth industry research report, “Innovations in Payroll and Human Capital Management.” As noted in the update shared by FT Partners with CI, the global payroll industry is currently in the process of “undergoing… Read More

August 26, 2023 @ 4:55 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) announced that HSBC Innovation Banking, a business division with services provided by HSBC Bank USA, N.A. and its affiliates, has “expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national enterprises.” While HSBC has been… Read More

August 26, 2023 @ 1:05 pm By Omar Faridi  |  

The Federal Reserve Bank’s ongoing efforts to ease inflation by increasing net borrowing costs and then cooling demand for products/services could begin to undermine investments in innovative tech that might make the economy more robust in the long-term. This, according to research released this past… Read More

August 24, 2023 @ 10:08 pm By Omar Faridi  |  

Mastercard (NYSE:RSKD), a global technology company, is partnering with UAE-founded spend management fintech company Qashio in order “to launch corporate credit cards, while enabling them with virtual issuance capabilities across the region.” The strategic partnership aims “to make the future of expense management cashless, transparent… Read More

August 22, 2023 @ 9:12 pm By Omar Faridi  |  

The International Cricket Council (ICC), together with official fintech infrastructure partner and real-time global payments platform, Nium, invited all cricket-loving technologists to enhance the world of cricket through innovation as part of the second edition of the Next In hackathon. The “Next In” hackathon is… Read More

August 20, 2023 @ 6:23 pm By Omar Faridi  |  

A “significant” advancement has been made in the decentralized finance (DeFi) sector as 0xKYC, a developer of pioneering permissionless identity solutions, joins forces with Hinkal Protocol, a privacy-focused DeFi platform. This partnership marks a thoughtful integration of compliance and privacy, creating an environment “where private… Read More

August 19, 2023 @ 4:28 pm By Omar Faridi  |  

Percent, the innovative platform that has created the modern credit marketplace, announced its official status as a registered broker-dealer, “marking another milestone moment in the continued evolution of the company.” Nelson Chu, founder and CEO of Percent, said: “Given private credit’s recession-resilient nature and the… Read More

August 18, 2023 @ 12:21 pm By Omar Faridi  |  

Pinwheel, the provider of income and employment data engineered for fintech innovation, partners with Plaid, the open finance network, in order “to provide complementary payroll data services for its Income product.” In addition, Pinwheel will become “a Preferred Provider for direct deposit switching (DDS) services.”… Read More