HSBC Innovation Banking UK Backs Cross-Border B2B Payments Company MODIFI with $100 Million Facility

SINGAPORE and LONDON, July 18, 2023 /PRNewswire/ — MODIFI, the global cross-border business payments company, has secured a $100 million debt facility with HSBC Innovation Banking UK to further growth.     The partnership with HSBC Innovation Banking is a key component of MODIFI’s refinancing strategy, aimed at diversifying its funding sources with world-class capital […]

BingX Enhances Crypto Trading with AstraBit, Empowering Automated Strategies

SINGAPORE, July 17, 2023 /PRNewswire/ — BingX, one of the leading crypto exchanges, has recently announced its integration with AstraBit, an automated algorithmic trading and portfolio management tool. This integration signifies BingX’s commitment to enhancing the efficiency and success of automated crypto trading. By leveraging AstraBit’s advanced capabilities, BingX users gain access to exclusive resources […]

Dual Interface Payment Card Market to Reach $37.9 Billion by 2032 at 17.4% CAGR

The global dual interface payment card industry is driven by the increase in demand for contactless payments, the rise in adoption of internet banking, and the growth in adoption of various strategies by government authorities and businesses. PORTLAND, Ore., July 17, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Dual Interface Payment Card […]

Cuentas Announces OLB Group’s Purchase of Controlling Interest In Cuentas SDI, and the Black011.com Commerce Platform, Enabling the Companies to Offer an Increasing Array of Next-Generation Location-Based Physical and Digital Services to Accelerate the Growth of Cuentas SDI’s Network of Over 31,000 Local Convenience “Bodega” Stores

This Announcement is Designed to Add More Power and Reach to Cuentas’ Growing Portfolio of Financial and Lifestyle Solutions for the Unbanked and Underserved, Enabling the Companies to Offer Next-Generation Location-Based Digital Services to Cuentas SDI’s Growing Network of over 31,000 Local Convenience “Bodega” Stores In the Greater New York / New Jersey Area Alone […]

Hut 8 Provides Update on Business Combination with USBTC

TORONTO, July 17, 2023 /PRNewswire/ — Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, continues to make progress on the proposed business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin […]

Eventus Wins Best Market Surveillance Provider for second consecutive year in 2023 Waters Rankings

NEW YORK and LONDON, July 17, 2023 /PRNewswire/ — Eventus, a leading global provider of multi-asset class trade surveillance, market risk and algo monitoring solutions, has won the award for Best Market Surveillance Provider for the second consecutive year in the Waters Rankings 2023 Awards. Thousands of WatersTechnology’s market participant readers across the buy side […]

Thunes extends Series C funding to USD $72m with support from Visa, EDBI and Endeavor Catalyst

SINGAPORE and LONDON, July 17, 2023 /PRNewswire/ — Thunes, the global B2B payment infrastructure platform, today announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission […]

Cost-of-living pressures drive consumer adoption of embedded banking, fuelling brand loyalty

LONDON, July 17, 2023 /PRNewswire/ — A new independent survey from Vodeno/Aion Bank of 3,007 European consumers based in the UK, Belgium and Germany has found:  Two in five European consumers will only stay loyal to brands that offer embedded banking products like Buy Now, Pay Later (BNPL) 37% are more likely to use BNPL and flexible […]

Trade With an AI Advantage: CFI Partners With Capitalise.ai to Launch a New Era of Automated Trading in MENA

DUBAI, UAE, July 17, 2023 /PRNewswire/ — CFI Financial Group, a leading global trading provider, is proud to announce the launch of its newest third-party trading tool, Capitalise.ai, an innovative AI trading platform that enables clients to automate their trading strategies using plain and simple English with zero coding. With Capitalise.ai, clients can take advantage […]

SKYPLAY Raises $10 Million from LDA Capital to Grow Gaming Platform

SEOUL, South Korea, July 17, 2023 /PRNewswire/ — SKYPLAY has received a $10 million commitment from global investment group, LDA Capital Limited, to accelerate the growth of its gaming platform by publishing more games and acquiring new users. SKYPLAY plans to continue to leverage its enthusiastic blockchain community of over 300,000 monthly active users to […]