Global

August 29, 2023 @ 11:49 pm By Omar Faridi  |  

In recent weeks, cybersecurity firms have issued “a dozen ransomware reports, most of which show a considerable increase in attacks,” according to an update shared with CI. As noted in an NCC Group’s July 2023 cyber threat intelligence report, the business saw over 500 attacks… Read More

August 29, 2023 @ 9:53 pm By Omar Faridi  |  

Staking is a core initiative of Chainlink Economics 2.0 that reportedly aims to “bring a new layer of cryptoeconomic security” to the Chainlink Network. Staking enables ecosystem participants, “such as node operators and community members, to back the performance of oracle services with staked LINK… Read More

August 29, 2023 @ 9:46 pm By Omar Faridi  |  

The India Digital SME Credit Report 2023 released in collaboration between GetVantage and Redseer Strategy Consultants estimates that “a potential US$ 220 Bn credit deficit poses a roadblock to unlocking the economic potential of millions of digitized businesses.” Out of the current US$ 220 Bn… Read More

August 29, 2023 @ 9:44 pm By Omar Faridi  |  

FT Partners Research is pleased to announce the release  of their new in-depth industry research report, “Innovations in Payroll and Human Capital Management.” As noted in the update shared by FT Partners with CI, the global payroll industry is currently in the process of “undergoing… Read More

August 29, 2023 @ 6:52 pm By Omar Faridi  |  

We recently caught up with Travis Schwab, Founder and CEO of Eventus – a global provider of multi-asset class trade surveillance, algo monitoring, and risk control solutions. According to the firm, Travis has a deep background in capital markets and over 25 years of experience… Read More

August 29, 2023 @ 4:57 pm By Omar Faridi  |  

Justworks, the technology company leveling the playing field for small businesses, is announcing an International Contractor Payments solution “to help small businesses attract and retain contractors outside of the U.S, furthering its mission to help fuel small businesses’ growth.” With these new international capabilities: All… Read More

August 29, 2023 @ 3:56 pm By Omar Faridi  |  

Trulioo, a global identity verification platform, announced new Workflow Studio capabilities to accelerate person matching worldwide. Trulioo provides an alternative “to the complex array of vendors that companies often depend on to ensure reliable person matching through personally identifiable information (PII) and identity documents.” The… Read More

August 29, 2023 @ 1:01 pm By Omar Faridi  |  

Ecosystems in the East and West are to promote startups and investments in AI, Web3, and crypto currencies have taken measures to add new life in a sector that has been facing headwinds from risk aversion and rising inflation rates, a review compiled by The… Read More

August 29, 2023 @ 9:00 am By Omar Faridi  |  

EstateGuru reports that the loan origination volume in July “performed robustly across our key markets.” As noted in the update shared by EstateGuru, Estonia accounted “for €5.0M, Latvia contributed €1.4M, and Lithuania added €1.9M, resulting in a total origination volume of €8.9M.” The EstateGuru team… Read More

August 29, 2023 @ 3:00 am By JD Alois  |  

Flashpoint has issued a statement on its exit from Regtech Clausematch that had grown to include 14 out of the top 50 global banks as customers. Flashpoint states that it participated in Clausematch’s 2022 USD $10.8 million funding round via its Venture Debt Fund I…. Read More

August 28, 2023 @ 11:06 pm By Omar Faridi  |  

Over the past three months, Bitpanda claims it has “called bull on the bear market and increased the number of tradeable crypto assets on their platform from around 230 to 300+, including Arbitrum (ARB), SUI (SUI) and SingularityNET (AGIX).” This means Bitpanda now is “the… Read More

August 28, 2023 @ 11:04 pm By Omar Faridi  |  

The increased cost of doing business is “preventing the UK’s 5.5m small and medium-sized businesses from going green,” new research finds. With core inflation rates at 6.8% – the highest in 31 years – protracted high costs could be delaying SME owners’ plans “to green… Read More

August 28, 2023 @ 9:18 pm By Omar Faridi  |  

Qatar Investment Authority (QIA) has announced today an investment of ₹ 8,278 crore (approx. $1bln) into Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (Reliance Industries). QIA’s investment “will translate into a minority equity stake of 0.99% in RRVL on a fully-diluted… Read More

August 28, 2023 @ 6:02 pm By Omar Faridi  |  

Many investors are eager to embrace cryptocurrency, but don’t feel they “have the data to do so safely,” according to an update from Chainalysis. With traditional assets, there are established providers “for a variety of metrics that investors can use to assess opportunity and risk:… Read More

August 28, 2023 @ 5:11 pm By Omar Faridi  |  

The team at Deel is pleased to roll out their new series, Meet the Integrations, where they’ll spotlight all of the new integrations they’ve brought onto their Integrations Store. Since they officially launched the Deel API, they’ve “had countless organizations build custom workflows that best… Read More

August 28, 2023 @ 4:23 pm By JD Alois  |  

LHV Bank, a fully regulated bank in the UK, says the business transfer from its Estonian affiliate to the UK is now completed. LHV received its banking license in May 2023. LHV specialises in providing services for global Fintechs and SME Lending solutions for UK… Read More

August 28, 2023 @ 8:40 am By Omar Faridi  |  

Metro Bank’s ‘Scam of the Month’ of August 2023 is a warning “about the rise in malware attacks against UK bank customers.” Malware, or malicious software, is “designed by criminals to compromise devices including computers, laptops, and mobile phones.” Globally, 5.5 billion malware attacks “were… Read More

August 28, 2023 @ 8:37 am By Omar Faridi  |  

P2P digital currency exchanges have reportedly assisted crypto traders with circumventing globally-enforced sanctions against Russia’s banking institutions. Crypto exchange Binance‘s recent activities might worsen its regulatory challenges in the US. The recent crackdown attempts to place a ban on transactions completed with payment cards that… Read More

August 28, 2023 @ 8:30 am By Omar Faridi  |  

Research from Xero, the global small business platform, has revealed that 80% of small business owners are concerned AI development and adoption is “outpacing regulation, as generative AI tools permeate various industries and the workforce.” Xero’s Future Focus AI research “surveyed over 3,000 small business… Read More

August 28, 2023 @ 8:27 am By Omar Faridi  |  

An engineer at Alameda Research recently claimed via social media that he had his “entire life savings” stolen from him by his former boss: Sam Bankman-Fried. Now, after months of recuperation from the “craziness” of the FTX collapse, he’s ready to tell his story. He… Read More