August 20, 2019 @ 9:09 am By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Tuesday it has acquired global financial institutions advisor and consulting partner, Parker Fitzgerald. According to Accenture, Parker Fitzgerald advises financial services companies on financial and non-financial risk, regulation and financial technology. The company also provides strategic advice, independent assurance, and… Read More

August 20, 2019 @ 8:59 am By Samantha Hurst  |  

BBVA announced on Tuesday it is set to offer digital customer onboarding everywhere it operates by the end of this year. According to the banking group, this digital onboarding process is based on biometric identification technologies, which is already available in Spain, will now reach other… Read More

August 20, 2019 @ 8:51 am By JD Alois  |  

The Reserve Bank of India (RBI) has published the final “Enabling Framework for Regulatory Sandbox,” as it joins a growing legion of government entities seeking to facilitate Fintech innovation in a compliant manner.  The draft Framework for the Regulatory Sandbox (RS) was published in April… Read More

August 20, 2019 @ 7:45 am By JD Alois  |  

According to a report, the Capital Markets, Insurance and Savings Authority of Israel is seeking to expedite the approval of Fintech licenses including blockchain-focused firms. Calcalist reports that the Authority is “working quickly to arrange licenses for Fintech companies” as it aims to boost innovation… Read More

August 20, 2019 @ 2:58 am By Cali Haan  |  

BitMEX, a platform that allows highly-leveraged trading of cryptocurrency derivatives, has announced that customers residing in Seychelles, Hong Kong, and Bermuda, where the company’s offices are located will be, “restricted from access to BitMEX.” The company claims the change, “will have no financial impact on… Read More

August 20, 2019 @ 1:54 am By Cali Haan  |  

Accredited investors who bought into Telegram’s $1.7 billion USD ICO (initial coin offering) in February and March 2018 have been selling the tokens in secondary markets without authorization, meaning buyers could “end up with nothing,” Coindesk reports. According to a GRAM token purchase agreement obtained… Read More

August 19, 2019 @ 9:53 pm By Cali Haan  |  

At least twenty local governments in Texas are now coping with a “coordinated ransomware attack on municipality computer systems,” the Texas Department of Information Resources (DIR) reports. Affected cities and towns are not named in the release. A response is being coordinated by the Texas Division of… Read More

August 19, 2019 @ 9:49 pm By Cali Haan  |  

A delegation of US lawmakers, led by Representative Maxine Waters, will be in Switzerland this week, on a trip that may have been spurned by Facebook’s decision to domicile it’s Libra cryptocurrency project in a nation known for both progressive financial policies and money-laundering, NZZ… Read More

August 19, 2019 @ 6:38 pm By Cali Haan  |  

Skeptical crypto-twitter commentators are throwing shade on the controversial stablecoin Tether, claiming a correlation between recently stable cryptocurrency prices and the cessation of “printing” at Tether, a company that has minted more than $4.15 billion synthetic USDs for the use in trading of cryptocurrencies. Self-declared… Read More

August 19, 2019 @ 4:10 pm By Samantha Hurst  |  

Gendius, a UK-based diabetes research company, has quickly secured its initial £400,000 funding target on equity crowdfunding platform Crowdcube. The company launched the campaign to raise the funds for to develop intellin, which is described as an app that takes an individual’s clinical history and… Read More

August 19, 2019 @ 3:04 pm By Samantha Hurst  |  

Coinmine, a U.S.-based crypto mining startup, announced last week it secured $2.5 million through its receive seed funding round, which was led by M13 with participation from Gumi Crypto, Republic Labs, Canaan Labs, and Shervin Pishevar. The company revealed that its mission is to continue… Read More

August 19, 2019 @ 1:40 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Monday its new open blockchain project, called Venus. According to Binance, Venus is described as an initiative to develop localize stablecoins and digital assets pegged to fiat currencies across the globe. “Binance is looking to create new alliances and partnerships… Read More

August 19, 2019 @ 1:03 pm By Samantha Hurst  |  

Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced on Monday it has launched a spot trading service for crypto assets, which allows users to conduct spot trading of crypto assets through its dedicated… Read More

August 19, 2019 @ 12:49 pm By JD Alois  |  

Last week Crowdfund Insider covered a report where it was revealed that Seedrs is in the midst of a sizable funding round. Today, we are hearing that the leading UK based crowdfunding platform has agreed to terms on a significant £4.5 million round led by institutional… Read More

August 19, 2019 @ 10:34 am By Samantha Hurst  |  

Blockchain software firm BitGo announced on Monday it has appointed former Senior Vice President at Xapo, Pete Najarian, as its new Chief Revenue Officer. According to BitGo, Najarian has more than 20 years of experience working in international finance with institutional investors. Prior to Xapo,… Read More

August 19, 2019 @ 9:48 am By Samantha Hurst  |  

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Monday it has formed a new partnership with Execupay,a privately-owned provider of HR and payroll services and software.  FinFit reported that through the collaboration its platform… Read More

August 19, 2019 @ 9:13 am By JD Alois  |  

SoFi is a Fintech that claims one of the largest Fintech funding rounds in the US of all time. Founded Mike Cagney, the entrepreneur departed the firm following revelations of a corporate culture that was lacking in professionalism. Cagney took a short break from the… Read More

August 19, 2019 @ 8:44 am By Samantha Hurst  |  

U.S.-based homeownership platform Better.com announced on Monday it closed its Series C funding round at $160 million, bringing its total funding to $254 million in total. According to Better.com, Activant Capital, Ping An Global Voyager Fund, Ally Financial, Citi, AGNC, Healthcare of Ontario Pension Plan… Read More

August 19, 2019 @ 7:53 am By JD Alois  |  

Edge, a “non-custodial cryptocurrency exchange and wallet platform” is raising capital from a group of industry participants as well as smaller investors. According to a release, Edge has launched a “pre-series A” round seeking $2 million hosted on BnkToTheFuture. The round is said to be… Read More

August 19, 2019 @ 7:19 am By JD Alois  |  

Switzerland Global Enterprise (S-GE) and the Swiss Business Hub ASEAN expect to showcase approximately 30 different Fintech firms at the upcoming Singapore Fintech Festival this coming November. A noted Asian Fintech Hub, the annual Singapore Fintech Festival has captured wide participation from Southeast Asia as… Read More