Visa Pursues Acquisition Of UK’s Featurespace For Advanced Fraud Detection
According to reports, Digital payments company Visa is in advanced talks about possibly buying British fraud detection firm Featurespace for millions. The deal might be valued at over, £700 million, according to sources who know about it but haven’t been...
Webull UK Introduces Exchange Trading Options To Its Users
Digital investment platform, Webull UK, has launched options trading for its users. According to the platform, the new feature is built for advanced active traders who are looking to take profits from volatility in share prices while managing their risks....
DBS Utilizes Permissioned Blockchain For Efficient Grant Disbursements
DBS Bank (NASDAQ: DBSDY), based in Singapore, has successfully tested a programmable grant disbursement solution. This solution utilizes the bank’s permissioned blockchain to enhance governance and efficiency in government payouts. DBS integrated the qualifying conditions for the grant into smart...
Cboe Exchange files an amended application to list options on Bitcoin and Ethereum ETFs
US-headquartered Cboe Exchange recently filed an amended application with the local regulators, seeking permission to list Bitcoin and Ethereum ETFs options. The exchange’s application proposed listing options connected to ETFs from other asset managers, including BlackRock’s iShares, VanEck, Invesco, 21Shares,...
Crypto.com Announces The Launch Of New Retail Services In The UAE
Crypto.com stated that it has rolled out its global retail services. According to the announcement, the new service will enable the users of the firm’s app in more than 90 countries to easily deposit and withdraw funds. Crypto.com stated that...
Crypto Firm Polkadot Becomes Official Sponsor of American Soccer Club Inter Miami
Major cryptocurrency firms are increasingly looking to partner with sports teams to boost their presence among sports enthusiasts. Polkadot is the latest crypto company to become a major sponsor of Inter Miami. The deal enables the Polkadot brand to be...
Mastercard Launches Its Passkeys Service In India
Mastercard has launched passkeys for payments in India. This is the first step in a worldwide launch. According to Mastercard, the new system will first be tried out with some of India's biggest payment companies. This includes payment aggregators like...
CFTC Slams $22 Million Fine On Nasdaq Futures For Regulatory Breaches
Nasdaq Futures, Inc. has been slammed $22 million fine by the Commodity Futures Trading Commission (CFTC) for regulatory breaches from its incentive programs. The commission stated that the company operated a DCM that focused on energy futures contracts from July...
PayPal Collaborates With Fiserv To Enhance Merchants’ Payment Solutions
PayPal has announced the expansion of its partnership with Fiserv to improve the checkout experience of businesses in the US. According to the announcement, the extended partnership will simplify how merchant clients of Fiserv can integrate PayPal’s payment systems. Fiserv...
Comun Completes $21.5 Million Funding Round
Latino-founded neobank, Comun, has announced the completion of a $21.5 million funding round. The fund comes after the firm raised$4.5 million in seed funding last December. The latest investment round was led by Redpoint Ventures, with contributions from other firms,...
Lemniscap Raises $70 Million To Support Web3 Investments
Thesis-driven investment firm, Lemniscap, has completed a $70 million funding round. The firm wants to use the additional funds to offer strategic guidance and financial backing for web3 startups. The firm will focus on a wide range of tasks across...
Blockchain Firm BlockDAG Partners With Borussia Dortmund In A $10 Million Deal
German top-flight football club Borussia Dortmund (BVB) has collaborated with blockchain firm BlockDAG in a sponsorship deal. The three year deal, worth $10 million, will help the blockchain firm grow in popularity as it seeks more users. The sponsorship deal...
Klarna Set To Halve Staff Using AI Technology
Klarna has revealed its intention to use artificial intelligence to reduce its number of workers. The Sweden-based fintech company wants to cut almost half of its staff as it gets ready to go public. The Chief Executive Officer of Klarna,...
Chong Chao To Head AGM Group’s Canadian Subsidiary
AGM Group has announced the appointment of Mr. Chong Chao Ma as the company’s Chief Executive Officer for its Canadian subsidiary, AGM Canada. The appointment is in line with its expansion plans into the North American cryptocurrency market. Chao is...
Zero Announces Partners Before Launch
Cardiff-based Zero Fintech, which is B Corp certified, has announced its delivery partners as it prepares to launch soon. These partners include Mastercard, Marqeta, Transact Payments, TAG Systems, Flagright, Kani, Plaid, and Onfido. Zero is a new UK finance application...