2018 - FinTecBuzz

Chatham Financial Acquires Tech Startup Verumex

BusinessWireOctober 3, 20245 min

Chatham Financial, a global leader in financial risk management technology and advisory, announced its acquisition of Verumex (VmX), a comprehensive global data platform serving the complex needs of the commercial real estate (CRE) industry. The combined firm will enable CRE investors and asset managers to resolve common challenges associated with poor CRE data quality, improving day-to-day efficiency and increasing decision-making confidence for clients. CRE veterans Nick Laird, Paul Hiatt, and Ravi Vijayaraghavan founded VmX in...

Interview

FinTech Interview with Morgan Wright, Chief Security Advisor at SentinelOne

FTB News DeskOctober 1, 202431 min

Insurance

Ascot Group Appoints Kewsong Lee as Chairman of the BOD

PRNewswireSeptember 18, 20246 min

BellTower Partners Makes Minority Investment in Ascot

Investments

Binance Labs Invests in OpenEden for Growth in Tokenized DeFi Assets

Binance LabsSeptember 13, 20246 min

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (“RWA”) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a full-stack tokenization technology company. OpenEden’s tokenized U.S. T-Bill Fund (“TBILL”) is the first and only tokenized T-Bill product to receive an “A” rating from Moody’s, and is the largest of...

Banking

tZERO Gets Landmark Approval for Digital Securities Custody in U.S.

PRNewswireSeptember 11, 20248 min

tZERO Group Inc., a leader in technology solutions for capital markets, proudly announces the respective Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) approval of tZERO Digital Asset Securities as a new Special Purpose Broker-Dealer for digital asset securities custody. This is only one of two licenses for a regulated broker-dealer digital asset security custodian that have been approved in the United States since the rules were introduced by the SEC in 2020, serving...

Compliance & Scoring

Cresset Hires Amy Hong as Chief Compliance Officer

PRNewswireSeptember 10, 20243 min

Hong previously was Managing Director, Asset & Wealth Management Operations, with First Republic Bank

Payments

Apple users in the UK can now use tapeeno with Tap to Pay on iPhone

UTP GroupSeptember 9, 20246 min

UTP’s tapeeno app Enables Tap to Pay on iPhone for Merchants in the UK to Accept Contactless Payments An easy, secure and private way to accept contactless payments with only an iPhone and the tapeeno iOS app

Platforms

One Million Small Businesses Worldwide Now on Tide

BusinessWireSeptember 4, 20247 min

Tide, the UK’s leading business financial platform, has reached one million customers (members) globally, a significant milestone for the Company. This includes 650,000 members in the UK, and 350,000 in India, where it launched in December 2022. Tide entered the German market in May, where it has started to roll out its product proposition. More than one in 10 (c.11%) small businesses in the UK use the Tide app. Tide provides a service for small...

Investments

AE Wealth Hits $30B Milestone, Earns Rank Among Nation’s Top RIAs

PRNewswireAugust 12, 20243 min

For the sixth year in a row, AE Wealth Management (AEWM) has managed to rise in the ranks of the top 50 Registered Investment Advisory (RIA) firms by earning the number 19 spot in Financial Advisor (FA) magazine’s “2024 RIA Ranking” while simultaneously reaching a $30 billion assets under management milestone. AEWM finished 2023 with $25.1 billion in AUM. In the first six months of this year, the firm has brought in more than $5 billion in new assets to achieve the $30 billion mark....

Blockchain

Binance Labs Invests in Solayer to Boost Solana Restaking Ecosystem

Binance LabsAugust 8, 20245 min

Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a leading restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Built natively on Solana, Solayer leverages the economic principles of proof-of-stake to extend the security of Solana’s base layer towards other decentralized systems and dApps. This innovative approach enables users to participate in a...

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