General News

January 12, 2023 @ 8:24 am By Omar Faridi  |  

Small business loan approval percentages at big banks “slipped again, falling from 14.6% in November to 14.5% in December, which tied with January for the lowest monthly approval rate for big banks in 2022,” according to the latest Biz2Credit Small Business Lending Index™ released on… Read More

January 11, 2023 @ 12:26 pm By Omar Faridi  |  

TSB is warning that around a quarter (25%) of fraud victims could be “denied reimbursement under the Payment Systems Regulator’s proposed refund mechanism, due to be introduced next year.” TSB claims it has long-campaigned “for higher fraud protections across the banking industry – and in… Read More

January 11, 2023 @ 8:52 am By Omar Faridi  |  

HighRadius, which claims to be the global leader in Autonomous Finance Platforms for the Office of the CFO, announced their new office in Kraków, Poland. HighRadius is “headquartered in Houston, Texas, and this will be their fifth regional office in Europe, after London, Amsterdam, Frankfurt,… Read More

January 10, 2023 @ 4:58 pm By Omar Faridi  |  

Built Technologies, the “fastest growing” construction and real estate fintech provider in the U.S., announced the addition of two industry veterans as company advisors, Bora Chung and Matt Marenghi. Their expertise will help Built “drive innovation and value for its customers as the company scales… Read More

January 10, 2023 @ 3:16 pm By Omar Faridi  |  

Fractal Homes, a UK-based start-up offering fractional home ownership across Europe’s capital cities, has launched a second home co-ownership model “aimed at streamlining purchasing, maintenance, and upkeep of select properties for GCC residents.” To coincide with this announcement, Fractal Homes has “launched a new website… Read More

January 10, 2023 @ 9:30 am By JD Alois  |  

As part of its most recent Global Economic Prospects report, the World Bank is predicting a sharp and difficult downturn for developing countries which may result in a global recession. The World Bank notes this could be the first time that two global recessions have… Read More

January 9, 2023 @ 11:47 pm By Omar Faridi  |  

Oxford Ionics – the startup solving the critical scalability issues facing the future of quantum computing, has raised £30 million in Series A funding from some of the “world’s leading” quantum and tech investors. The investment round was “led by Oxford Science Enterprises and Braavos… Read More

January 9, 2023 @ 10:37 pm By Omar Faridi  |  

Pillz, the developer of wearable devices for NFT-collectibles and NFT-gaming, raised a pre-seed round from Xsolla and its Founder Aleksandr “Shurick” Agapitov. Aleksandr Agapitov, Xsolla founder and Pillz Board of Directors member, said: “Pillz represents what I always look for in teams – a passion… Read More

January 9, 2023 @ 10:17 pm By Omar Faridi  |  

ChatGPT—the recently launched language processing AI model developed by OpenAI—has been “wowing users with its uncanny abilities to hold conversations, write essays, and even program computers,” according to an update shared with CI. However, the real value of conversational AI for digital commerce companies “lies… Read More

January 9, 2023 @ 9:42 pm By Omar Faridi  |  

UK pension holders will increasingly be “seeking to move retirement funds overseas as fears grow about the Budget in March,” predicts the Investment Director of an independent financial advisory, asset management and fintech organization. The warning from James Green of deVere Group comes “ahead of… Read More

January 9, 2023 @ 2:53 pm By JD Alois  |  

Philip Moustakis, has been made a Partner at the global law firm of Seward & Kissel. Moustakis was previously counsel practicing in the firm’s Government Enforcement & Internal Investigations Group and Blockchain & Cryptocurrency Group. He joined the firm in 2019 and is a regular… Read More

January 9, 2023 @ 2:32 pm By Omar Faridi  |  

CubiCasa, a global-reaching real estate software company, announced that Georgia MLS has joined the company’s recently launched MLS Partnership Program. Through the program, participating MLSs can “unlock unique benefits to strengthen the free floor plans produced by the CubiCasa app and deliver more value to… Read More

January 9, 2023 @ 9:00 am By Omar Faridi  |  

Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional and Komodo Platform’s chief technology officer. Komodo is described as “an open, composable blockchain platform.” With a multi-chain design, Komodo is focused on “providing fully composable blockchain solutions for independent developers,… Read More

January 9, 2023 @ 1:10 am By Omar Faridi  |  

XeroE, which provides emission-free deliveries, using their science-based software for impact-driven businesses, has acquired 56% (£256,076) of its £450,004 target from 86 investors (at the time of writing) through the firm’s crowdfunding campaign, carried out via Seedrs. Located in London, XeroE operates in the Automotive… Read More

January 7, 2023 @ 5:07 pm By Omar Faridi  |  

More than half (51%) of consumers in the United Kingdom believe physical wallets will become a lot less relevant as virtual payments continue to grow in adoption. This, according to the latest research shared by Mastercard (NYSE: MA). Mastercard teamed up Central Saint Martins on… Read More

January 7, 2023 @ 11:57 am By Omar Faridi  |  

Global blockchain technology solutions provider ChainUp Group announced the appointment of Ms. Tan Bin Ru as its Deputy Chief Executive Officer cum Chief Operating Officer, “effective 3 January 2023, as part of the company’s business growth plan.” In this role, Ms. Tan will “work closely… Read More

January 7, 2023 @ 9:24 am By Omar Faridi  |  

WeTravel—an integrated booking and payments platform built to automate and optimize the operational necessitates of multi-day tour operators—announced the appointment of Ted Clements to Chief Executive Officer (CEO), and the migration of Johannes Koeppel, WeTravel’s co-founder, from CEO to the newly-created Chief Product Officer (CPO)… Read More

January 6, 2023 @ 3:48 pm By Omar Faridi  |  

Pathway Homes, a real estate platform with a mission to create more homeowners, announced its partnership with Credit Saint, a credit restoration company. As part of this partnership, Pathway will be “providing its customers with a waived first work fee for Credit Saint’s services, as… Read More

January 6, 2023 @ 1:13 pm By JD Alois  |  

A survey addressing private capital markets – think investment crowdfunding, venture capital, and private equity – was completed this past month. And respondents have overwhelmingly indicated they are interested in private markets – in fact, more so than publicly traded firms, according to the results…. Read More

January 5, 2023 @ 9:43 pm By Omar Faridi  |  

Working with eleven international entities, CaixaBank has formed a European research consortium “to explore ways to improve cybersecurity by leveraging artificial intelligence (AI) and big data.” The project, AI4CYBER, is “part of the Horizon Europe program for research and innovation, funded by the European Union.”… Read More