Omar Faridi

Blockchain Firm ICONLOOP to Work with South Korea’s Pohang City, Steel Manufacturer POSCO, and Others on Supporting Decentralized ID Ecosystem

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP will be working cooperatively with Pohang, POSCO and POSTECH to develop a (decentralized ID) DID ecosystem with MyID. Jun noted… Read More

Checkout.com, Pakistan’s National E-Commerce Council, and National Institutional Facilitation Technologies to Support Digital Payments in Country

Mo Ali Yusuf, the VP at Checkout.com for the MENA and Asia Pacific Region, says he’s looking forward to teaming up with NiFT and the Fintech ecosystem in Pakistan in order to support the growth of digital commerce and virtual payments in the country. Pakistan’s… Read More

Binance Might be Only Entity with Enough UNI Governance Tokens to Submit Uniswap Protoocol Proposals: Report

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

Indonesian Regulators and Fintech Firms are Focused on Balancing Regulations with Responsible Innovation

Indonesia’s regulatory authorities and local Fintech firms have been focused on creating a balance that will support innovative projects in the country, while maintaining regulatory guidelines that ensure consumer protection. Triyono, the head of Indonesia’s Financial Services Authority (OJK), stated on September 25, 2020, that… Read More

DeFi Protocol Aave Claims Journey Towards “Decentralization” Continues with Protocol Governance Process Live on Mainnet

The team at Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that their journey towards “decentralization” continues with the introduction of Aave Governance on mainnet (the production-ready or… Read More

Contactless and Digital Payments Continue to Rise in India while Retail Spending Nearly at Pre COVID Levels: Report

Retail spending and activity levels in India have now recovered to around 90% of pre- COVID-19 levels after dropping to around 55-65% of their average back in April 2020. The pace of the adoption of digital services across major channels has accelerated due to the… Read More

Digital Transactions have Increased following COVID Outbreak, which May lead to More Account Takeovers, Identity Theft

The global banking sector has faced many challenges due to the socioeconomic problems resulting from the COVID-19 outbreak. Many banks or financial institutions have had to shut down physical branches while asking their employees to work remotely in order to prevent the further spread of… Read More

Digital Transformation: State Bank of India Is Making Important Changes to Operations to Handle More Online Transactions

Digital banking offers more convenience to consumers, which has become even more obvious due to the COVID-19 crisis. The shift towards all-digital financial services could be permanent, according to the State Bank of India (SBI) Chief. SBI, which is one of India’s largest lenders, is… Read More

DeFi Platform MANTRA DAO Partners with Polkastarter to Build a “Decentralized Future” Powered by Blockchain Tech

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has teamed up with Polkastarter, the decentralized or non-custodial exchange (DEX) that helps “decentralized” projects with raising and exchanging funds… Read More

Razer Fintech Partners with Singapore’s Lifestyle Marketing SaaS Provider, Perx Technologies, to Enhance Neobanking Experience

Malaysia’s Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has teamed up with Singapore’s Lifestyle Marketing SaaS (software-as-a-service) provider, Perx Technologies, in order to provide better mobile-first customer engagement for financial services. Through the partnership, Razer Fintech will focus on transforming… Read More

Apple Says New EU Legislation Requiring it to Open Up its Apple Pay Tech to Third-Parties would Compromise Security

Apple (NASDAQ:AAPL) recently noted that new legislation might require that it opens up its proprietary Apple Pay technology to various third-parties. The tech giant, which recently became the world’s first company to surpass the $2 trillion market cap mark, claims that allowing others to closely… Read More

SPAC: Mark Schwartz from EY and Fintech Advisor Efi Pylarinou Explain how Special Purpose Acquisition Companies Provide Better Access to Capital

Mark Schwartz, MD at Ernst & Young Capital Advisors LLC, Equity Capital Markets Advisory, has explained how (special purpose acquisition company) SPAC mergers can help companies with accessing better financing deals or options. Schwartz noted that the growth of SPACs gives private business owners an… Read More

Jay Hao from Digital Asset Exchange OKEX Discusses What May Qualify as “Fair Launch” for Token Distribution

Jay Hao, CEO at OKEx, a leading cryptocurrency exchange, notes that it seems everyone in the blockchain space is talking about carrying out a “fair launch.” He goes on to ask, “what exactly is ‘fair launch’ and is it a better model for token distribution?”… Read More

Payments Platform Nium Teams Up with Neobank Aspire to Enable Google Pay

Singapore-based payments platform Nium has partnered with Aspire, a neobank for businesses, in order to enable payments with Google Pay. Aspire claims that it’s the first business neobank to launch in Southeast Asia. The company announced its plans to go “plastic-less” by issuing corporate Visa… Read More

Global ID Verification Firm Trulioo Recognized as One of Canada’s Top Growing Companies, after Recording 503% Growth in 3 Years

Trulioo, an on-demand global identity verification company, has been recognized on The Globe and Mail’s second-annual ranking of Canada’s 2020 Top Growing Companies – which ranks companies based on their three-year revenue growth. As mentioned in a release shared with CI, Trulioo recorded three-year growth… Read More

Binance Alum Fetch.ai, a Blockchain focused AI Firm, to Support Application Developers with Autonomous Economic Agent Registry

AI and machine learning network Fetch.ai has unveiled an outcome of its developer engagement project, which aims to make it easier to develop applications and related services on top of the Fetch.ai network. The Fetch.ai team noted that they’ve built what they call an “Autonomous… Read More

Impact Investing: Sophie Robé and Maarten Toussaint from the Netherlands Launch Consulting Firm FINND Impact

Sophie Robé, CFA and Impact Investing Adviser and Investment Consultant from Amsterdam, Netherlands, has confirmed the official launch of FIIND Impact, which is described as an independent investment consultant and advisor that aims to strategically combine impact and financial expertise. FIIND Impact aims to help… Read More

No Code Integration Company Digibee Co-Founder Says Open Banking Is Revolution that Could Streamline Financial System

  Rodrigo Bernardine, Co-founder at Digibee Inc, a company that aims to connect enterprises to the world 10x faster with “No Code” Integration methods, claims that Open Banking is a revolution that could streamline or enhance the existing financial system. He notes that banks require… Read More

Diners Club Italia Partners Milan’s FinDynamic to Offer New Fintech Tool that Supports Supply Chains

Enrico Vigano, CFA and CEO and Founder at FinDynamic (from Milan Area, Italy), notes that a new Fintech tool has been introduced which aims to support supply chains. Vigano confirmed that Diners Club Italia and FinDynamic (a company offers an “innovative form of supply chain… Read More

Reserve Bank of India Releases New Cybersecurity Report which Outlines the Technology Vision for Local Banks

The Reserve Bank of India (RBI) has released a new report, titled “Technology Vision for Cybersecurity for Urban Co-operative Banks – 2020-2023.” The RBI notes that the document makes recommendations or suggestions on how to improve the nation’s cybersecurity infrastructure of its urban co-operative banking… Read More

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