Algebrik AI & Carleton Unite to Elevate Lending Accuracy and Compliance

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced a strategic partnership with Carleton, Inc., a leader in financial calculation and compliance solutions. This collaboration integrates Carleton’s robust payment calculation APIs into Algebrik’s cutting edge LOS platform, setting a new standard for accuracy, compliance, and operational efficiency in consumer lending. Empowering Fluid Lending Experience Through this partnership, Algebrik AI will leverage...

R.J. O’Brien, Phlo Systems Strategically Partner with an Equity Investment

R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage and clearing firm in the United States, and Phlo Systems, a leading provider of digital solutions for commodity trading, trade finance and international trade compliance, today announced that the firms have entered into a strategic technology partnership, which includes an equity investment by an affiliate of RJO in London-based Phlo Systems. Terms of the investment were not disclosed. The move is the first strategic partnership and investment...

Kraken Welcomes Ben Gray as Chief Legal Officer

Kraken, one of the longest-standing, most liquid and secure crypto platforms, today announced the appointment of Ben Gray as its new Chief Legal Officer. Ben, who previously served as Global General Counsel at Paxos, brings a wealth of global experience in legal and regulatory affairs in the crypto, technology and financial sectors. In his new role, Ben Gray will oversee Kraken’s legal, compliance, and enterprise risk management operations, guiding the company through the rapidly evolving...

OrangeX Aligns with MiCAR Regulations Through Proactive Compliance

December 30, 2024, just marked a pivotal moment for the cryptocurrency industry as the European Union Markets in Crypto Assets Regulation (MiCAR) comes into effect. This groundbreaking regulation represents a major shift in the EU’s approach to cryptocurrency oversight, aiming to enhance consumer protection, promote market integrity, and foster innovation across the digital asset ecosystem. Recognizing the significance of MiCAR for the future of the crypto industry, OrangeX has taken several steps to align its operations with the new framework, which includes successful integration of the Travel Rule API, a crucial...

StablR Strengthens Network With Investment From Tether

StablR, the European stablecoin provider, has received investment from market leader Tether to accelerate stablecoin adoption in Europe. StablR offers solutions tailored for institutions and merchants seeking liquidity, compliance, and easy-to-use applications. The investment will expedite stablecoin adoption in the European market, executing on StablR’s vision of superior flexibility and liquidity – advantages that surpass the value proposition of other industry assets. The European stablecoin market, with a market cap of almost $400M for EUR-pegged...

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