December, 2024

December, 2024

Revolut Aims to Become New Zealand’s First Global Digital Bank
Revolut’s ongoing expansion efforts have the U.K. FinTech focused on New Zealand. While Revolut already provides services to customers in the island nation, it now plans to provide banking services ...

30% of Small Businesses Have Filed Beneficial Ownership Information Reports
As of Dec. 1, one month before the Jan. 1 deadline, about 30% of small businesses reported beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). About 9.5 million repo...

Macy’s Investor: Company’s Real Estate Surpasses Its Market Value
An activist investor is reportedly pushing Macy’s to focus more on its real estate. Barington Capital wants the department store chain to create a separate real estate unit inside the company to hel...

Third Financial’s Mobile App to Provide Real-Time Valuations and Investment Analysis
Third Financial, part of the Nucleus group, has launched a mobile app for iOS and Android devices. It will enable access to all the client’s investments in one place, providing real time valuations ...

Gevolut Launches Firestarter ZK Proving Network
Gevulot, a zero-knowledge (ZK) firm building the ZkCloud, this week announced the launch of Firestarter, its first production-ready, universal ZK proving network. Designed to simplify and accelerate p...

Fintech NAO Raises €3.4 Million in Seed Funding, Aims to Become Top Alt Investment Platform
NAO, a Berlin-based Fintech, has raised €3.4 million in Seed funding, according to a company statement. The round was said to be led by a family office of a Swiss private investor. The Wealthtech sa...

Bitcoin Reaching $100K+ Signals Next Phase of Resilient Bull Run, According to Research Analyst
As the crypto industry had speculated on if and when Bitcoin could hit the $100,000 milestone (which it has now surpassed reaching a high of more than $103,000) analysis by Copper.co’s Head of Resea...

CFTC Staff Issues Advisory Related to Use of AI by CFTC-Registered Entities, Registrants
The Commodity Futures Trading Commission’s Divisions of Clearing and Risk, Data, Market Oversight, and Market Participants has recently issued a staff advisory on the use of artificial intelligence ...

The Payments Association: It’s About Time the US Leads World on Crypto
The change in the US administration is expected to usher in a new era of digital asset innovation. During the Biden Administration, there was open hostility toward crypto that went beyond the pursuit ...

France: Crowdfunding Platforms Unite as Ulule Acquires KissKissBankBank from La Banque Postale
French crowdfunding platform Ulule has acquired its KissKissBankBank from La Banque Postale for an undisclosed amount, according to reports. La Banque Postale acquired KissKissBankBank in 2017. At t...

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