Mintos Takes More Granular Approach to Displaying Risk Scores, Should Increase Transparency

Capitolis, the technology company reimagining capital markets, completed its nineteenth Standardized Approach for Counterparty Credit Risk (SA-CCR) optimization in January, “with this latest run incorporating a record number of entities, driving a record reduction of over $290 billion in effective notional.”. This marks another momentous occasion for Capitolis as...

Protecting and insuring against cyber risks are priorities for all companies and organizations. French cybersecurity firm EGERIE has raised 30 million euro, from investors with expertise in insurance and cybersecurity (Tikehau Capital, Open CNP, Banque des Territoires and TIIN Capital) in order “to help executives analyse and quantify the financial risks of cyber-attacks.”

Fundrise, a real estate investment platform that recently entered the early-stage investment sector, has filed to raise $19.7 million in a sale of Class B Common shares. Fundrise has raised growth capital for itself in the past using the Reg A+ securities exemption. The $19.7 million represents the approximate balance available under Reg A as an issuer may raise up to $75 million in a given year. In total, Fundrise has raised almost $170 million under Reg A+, plus another $7.2 million in a Reg D offering. The price per share of the sale of $15.15 is the same as last June.

Asset Reality, the end-to-end solution for digital asset recovery, has raised $4.91 million in a seed round led by Framework Ventures, a venture capital firm “known for its early entry into decentralized finance (DeFi).”. The investment round also “saw participation from TechStars; The Fund (who previously backed blockchain analytic...

After months of diminished interest, interest in digital asset investment products picked up last week, according to Coinshares. The report states that digital asset investments experienced a $117 million inflow last week, the largest since July 2022. At the same time, total assets under management (AuM) rose to $28 billion, up 43% from the November 2022 lows.

Inflation has reduced the value of social security benefits to recipients. But there will be further cuts in the long run. Experts say the increasing needs of seniors are burdening small benefit reserves. Americans are living longer because of lower lifestyle risks. Life expectancy was 47 years in 1900 and it was 76 in 2021.

In a recent speech, President Joe Biden stated that he had added more to the national debt of the United States than any other president in history, saying, "No President added more to the debt in 4 years than my President… I misspoke - 25% of our country’s entire debt."

Channel Capital Advisors LLP has closed a mezzanine funding facility with TP24, a European fintech lending platform. Channel is an FCA-regulated alternative investment fund manager (AIFM) “specializing in fintech, working capital and trade finance investments.”. Since 2014, the London-headquartered company has “deployed more than $9 billion of assets across...

OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, “to provide an industry-leading trust model for high assurance contracts and documents.”. ProvenDB will “extend the capabilities...

Worldline [Euronext: WLN], a key player focused on payments services, announced the launch of its Buland Bharat digital payments suite, which is designed specially “keeping in mind the needs and wants of small and medium businesses (SMBs) in India.”. The Buland Bharat digital payments suite is “in line with...

A new report indicates that Fintech funding declined in 2022 as the sector was impacted by a challenging market. According to Tracxn, private Fintech firms in the UK raised a total of $11.2 billion in 2022, a drop of 13% from the year prior. In 2021, Fintechs raised $12.9 billion.

The legal frameworks applicable to national banks, insured state banks, and uninsured state banks can result in differences in the scope of allowed activities depending on the type of entity, according to the US Federal Reserve. Regardless of this discrepancy, the Fed will be certain to apply the “same limitations on activities, including novel banking activities, such as crypto-asset-related activities.”

Groceries, transportation, relationships, entertainment, and more are all now “available at the swipe of a smartphone,” the team at Inscribe notes in a blog post. Buyers have come “to not only enjoy — but expect — frictionless interactions that provide instant gratification.” Fast response times are “no longer a perk; they’re the most important attribute of the customer experience,” Inscribe writes in a recent update.

Marqeta (NASDAQ: MQ) has announced the acquisition of Power Finance, a credit card management platform. Marqeta said in a public statement that it aims to boost its capabilities and leadership in the business of modern card issuing. Marqeta said the purchase is expected to close during the first quarter of 2023.

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised US$850,000 in an oversubscribed seed funding round. The investment round was “led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.”. Eazy Digital is a platform that...

On January 6, 2023, Okcoin launched its new Unified Account and API v5 (they skipped v4 since some of their users consider the number “4” bad luck). Okcoin is excited to share “this upgraded, more seamless trading experience with a select group of users.”. Over the next...

On Friday, the White House posted a statement on crypto and the administration’s policy pertaining to digital asset innovation. In recent months, multiple crypto firms have filed for bankruptcy and an algorithmic stablecoin, TerraUSD, ended up not being very stable – destroying holder value. Earlier statements emanating from the Biden White House appeared to embrace digital asset innovation but the recent comment appears to pump the brakes on crypto as fears of contagion spilling into traditional financial services increase. On the same day, the US Federal Reserve Board issued a policy statement cautioning banks on their activities regarding crypto in what appeared to be a coordinated policy announcement.

January is a time of “reflection,” Bondora writes in a blog post while adding that they usually look back at the history of investing via the European investment platform. According to Bondora, it is “no surprise that there’s always been one main driver behind everything they do: you, their investors.”

PrimaryBid and Winterflood announced a collaboration to further advance UK retail investor participation in equity and debt capital markets, including IPOs and follow-on fundraises. Together the firms will “offer API integration to any stockbroker or wealth manager wishing to distribute primary market deals to retail investor clients, leveraging the UK’s...

Juniper Research defines credit cards as a payment instrument which allows consumers as well as cardholders “to borrow money to pay for products and services, and make deferred payments for their purchases in exchange of monthly interest based on the amount owed.”. As noted in a report by Juniper...