Tagged: update

February 6, 2024 @ 12:47 pm By Omar Faridi  |  

Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More

February 6, 2024 @ 12:22 pm By Omar Faridi  |  

CRISIL Ltd, which claims to among the leading global analytics companies, has reportedly set up an office in Bogotaì, Colombia in order to “provide its clients, including global investment banks, asset managers and private equity firms an efficient solution for nearshoring critical operations and services… Read More

February 5, 2024 @ 11:04 pm By Omar Faridi  |  

Nansen announces their partnership with the Aptos Foundation in order to bring advanced on-chain analytics and data to the Aptos ecosystem. The teams are pleased to announce their new partnership with the Aptos Foundation, which is dedicated to providing best-in-class onchain data and analytics to… Read More

February 4, 2024 @ 6:08 pm By Omar Faridi  |  

Nexo, the digital assets institution, is announcing its membership in the International Association for Trusted Blockchain Applications (INATBA). This strategic alliance marks “a major advancement in Nexo’s commitment to shaping the blockchain landscape, leveraging INATBA’s established ties with key public sectors in finance and regulation.”… Read More

February 3, 2024 @ 6:37 pm By Omar Faridi  |  

Digital asset platform CoinList recently announced that it has opened up applications for CoinList Seed Winter 2024. CoinList explains that this initiative is intended for development teams that are interested in  getting their crypto projects in front of 10 million crypto “early adopters.” For their… Read More

February 2, 2024 @ 5:39 pm By Omar Faridi  |  

CyberCube, the enabler of cyber risk analytics for the insurance industry, marked the end of a positive year of strong growth, “surpassing 100 insurance organizations licensing CyberCube solutions.” As the cyber insurance market grows in size and sophistication, analyzing, assessing, and quantifying the impact of… Read More

February 2, 2024 @ 7:41 am By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) explains that it was founded on a simple idea: that their financial markets should be accessible to all. With customers at the “heart” or core of their decisions, Robinhood claims that it is lowering barriers and “providing greater access to financial information… Read More

February 1, 2024 @ 7:57 pm By Omar Faridi  |  

Taurus SA announces it has joined the ERC3643 Association. This move is said to establish Taurus “as one of the first digital asset custody and tokenization infrastructure providers to join the association, marking a significant step in the advancement of smart contract standardization, and reinforcing… Read More

February 1, 2024 @ 7:48 pm By Omar Faridi  |  

Conferma Pay has partnered with ConnexPay to allow businesses to simplify their payments processes by issuing virtual cards for improved cash flow management. The partnership brings together Conferma Pay’s virtual card ecosystem and ConnexPay’s virtual card issuing engine and real-time funding processes “to create a… Read More

January 31, 2024 @ 3:13 pm By Omar Faridi  |  

CarGurus (Nasdaq: CARG), the digital auto platform for shopping, buying, and selling new and used vehicles1, announced the addition of Chase to its multi-lender financing platform, expanding options for consumers looking “to pre-qualify for auto financing from the comfort of home.’ Available nationwide, Chase joins… Read More

January 30, 2024 @ 10:09 pm By Omar Faridi  |  

Phoenix Merchant Partners, LP, an independent investment firm focused on providing broad financing solutions to the middle-market universe of companies, announced the closing of its first transaction, an innovative financing to Gryphon Holdings, a company involved in quota share non-catastrophic property and casualty reinsurance services…. Read More

January 30, 2024 @ 7:45 am By Omar Faridi  |  

bunq, which claims to be the second largest neobank in Europe, reports a net profit of €53.1 million in 2023. A “testament” to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will “direct its net profit to propel its global… Read More

January 29, 2024 @ 8:13 pm By Omar Faridi  |  

Tonik Digital Bank Inc. (TDB), the digital bank in the Philippines, announced a significant leadership transition. Long Pineda, President of TDB, will be retiring from her executive role and will “assume the position of non-executive Chairman of the Board of Directors of TDB.” In her… Read More

January 29, 2024 @ 8:12 pm By Omar Faridi  |  

Construction activity and a strong job market have helped South Australia ascend to the top of the economic performance leaderboard, according to CommSec’s quarterly State of the States report. This is the first time South Australia has reportedly “ranked No.1 in the report’s 15-year history.”… Read More

January 28, 2024 @ 6:51 pm By Omar Faridi  |  

Iliad Solutions, a global enabler of payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024. To help organizations make this SCT Inst transition smoothly and keep up-to-date with… Read More

January 26, 2024 @ 10:33 am By Omar Faridi  |  

Taurus, a regulated securities firm, is pleased to announce that TDX, its digital asset organized trading facility, and its financial services at large are now open to retail clients following FINMA approval. In addition to professional clients, retail clients can now “create an account and… Read More

January 26, 2024 @ 8:29 am By Omar Faridi  |  

UK neobank Science Card collaborates with UCL Mechanical Engineering to generate research funding for neurodegenerative diseases. Science Card, the home of Britain’s e-money current accounts dedicated to accelerating science and innovation, has announced the launch on its platform of a research project on neurodegenerative diseases,… Read More

January 25, 2024 @ 11:18 pm By Omar Faridi  |  

BillingPlatform, the enterprise revenue lifecycle management platform for today’s innovative business models, announced a $90 million growth equity investment from FTV Capital, a sector-focused growth equity investor with more than 25 years of experience in enterprise technology and services, financial services, and payments and transaction… Read More

January 25, 2024 @ 12:27 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments “to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP network.” The… Read More

January 25, 2024 @ 7:50 am By Omar Faridi  |  

Luma Financial Technologies, an independent multi-issuer structured products and annuities platform, has expanded its partnership with Yieldstreet, a private market investment platform, to bring Yieldstreet’s diverse offerings to Luma’s customer base. In doing so, Luma is broadening Registered Investment Advisors (RIAs) access “to alternative investment… Read More