Sunbit, a fintech company specializing in in-store consumer credit, has accomplished a significant milestone by securing a substantial $355 million debt warehouse facility. This funding venture was led by prominent financial institutions such as JP Morgan, Mizuho Bank Ltd., and Waterfall Asset
The Big Data Analytics market is currently experiencing a transformative period marked by evolving consumer preferences, technological advancements, and an increasing focus on sustainability. As companies and industries shift their strategies to adapt to these changes, the impact on the market
Solana (SOL) has captured the attention of the cryptocurrency market with its high-speed blockchain and low transaction fees. As of November 2024, Solana is trading around $250, and many are speculating whether it can reach the ambitious price target of $1,000 in the coming years. This article
The cryptocurrency market recently faced notable fluctuations, with Bitcoin's price dipping below the $100,000 threshold, raising concerns among investors and analysts alike. This significant decline has broader implications, affecting major cryptocurrencies like XRP and Dogecoin (DOGE).
The financial services landscape is undergoing a significant transformation with the advent of open banking and its progression towards open finance. These innovations promise to enhance interoperability, customer experience, and financial inclusivity on a global scale. As of January 2024, figures
In an unprecedented move to combat the ever-increasing threat of fraud and scam activities in Australia, the nation's major financial institutions have joined forces to launch the 'BioCatch Trust Australia' network, an innovative interbank intelligence-sharing system. This
The US National Futures Association (NFA) has issued a serious complaint against NinjaTrader Clearing LLC and its President, Michael Cavanaugh, for significant deficiencies in their anti-money laundering (AML) program as well as failures in supervisory responsibilities. This unsettling development
As the need for effective global conservation efforts intensifies, biodiversity credit projects and the methods to calculate their value are becoming increasingly pivotal. These credits act as financial incentives for activities aimed at achieving positive environmental outcomes, such as enhancing
In a groundbreaking development aimed at streamlining payment processes and enhancing fraud controls, Payfinia, Inc. has announced the launch of a new Credit Union Service Organization (CUSO) in collaboration with Star One Credit Union. This initiative is centered around the newly developed Instant
Bank of Valletta (BOV), Malta’s oldest and largest financial institution, is making significant strides in enhancing its portfolio management and investment services operations. By partnering with Profile Software, a Greece-based vendor, BOV aims to amplify its investment services using the Axia S
