The Alt401(k), a retirement platform offered by ForUsAll, a leading retirement provider for small businesses, gives employees the freedom to invest a portion of their 401(k) in potentially higher-growth opportunities like cryptocurrency in addition to conventional 401(k) mutual funds. As of today, 50 companies are live with the platform. The 401k’s first crypto delivery is
Next year, real-time payments to cryptocurrency exchanges will be prohibited by UK bank Santander. The action is meant to shield users from scams, according to an email to customers that was originally covered by Reuters. Santander has not said what time in 2023 the modification will go into effect. The bank will implement a more
Goldman Sachs, MSCI, and Coin Metrics today announced the introduction of datonomy, a new categorization scheme for the market in digital assets. The new data service datonomy categorises money and tokens according to their intended purpose. Datonomy can be licenced for a number of use cases, including the review and assessment of portfolio performance and
Talos, the industry leader in institutional digital asset trading technology, has partnered with Amber Group, a preeminent international producer of digital assets. Together with Amber Group, the partnership will allow Talos to incorporate the liquidity venue of WhaleFin, the company’s leading platform for digital assets. Talos’ market-leading institutional trading platform will have easier access to
The launch of Bitget Insights, a brand-new feature, has been announced by Bitget, the top cryptocurrency exchange in the world. Through the Bitget exchange, the functionality links social networks and social commerce. The launch represents the next development in Bitget’s cryptocurrency social trading project, which aims to help both novice and experienced traders. Traders will
The IRS states that if you work odd jobs for money, occasionally sell short stories or have both a day job and a side business, you are considered to be self-employed in the USA. Even if you occasionally declare a loss, what matters is that you operate your firm with the aim of generating a profit.
Silicon Valley Bank UK, the bank of the most innovative companies and investors in the UK and Europe, today announced the closing of financing for UK-listed global technology company Wise. Silicon Valley Bank UK acted as lead arranger of the syndication, with six other banks participating in the new £300m capital facility to support Wise’s future
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced its partnership with Ashman Bank, a new entrant bank with plans to transform the banking experience for UK property SMEs, a £90bn market opportunity. Ashman Bank, which was awarded the UK’s first new banking license in
Envestnet, Inc., a leading provider of intelligent systems for wealth management and financial wellness, announced that it is partnering with FNZ, a leading global wealth platform, to create a fully digital, integrated wealth management experience for the U.S. market. The integration of Envestnet’s and FNZ’s platforms will allow for real-time account opening and funding along
Papaya Global, the leading global people management platform for the remote working era and already known as a payroll technology innovator, has announced today that it is now poised to further extend international payments through cutting-edge technology with the integration of J.P. Morgan’s payment processing products and solutions that could transform Papaya’s global payroll enabling
Nubank, one of the largest digital financial services platforms in the world with over 70 million customers across Latin America, announces today the creation of Nucoin, its own cryptocurrency on the Polygon blockchain network. The company’s tokens are expected to be launched in the first half of 2023, will be distributed free of charge to customers
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a new perpetual KYC solution to enable financial institutions to streamline periodic KYC review processes and reduce costs through automation. The solution, Fenergo Smart Review, automates the ongoing monitoring of customer records for KYC compliance by
