General News

December 5, 2022 @ 7:24 pm By Omar Faridi  |  

HYPR, the Passwordless Company, announced a $25 million Series C1 led by Advent International “through Advent Tech, the firm’s dedicated global technology fund.” The investment round brings HYPR’s total funds “raised to $97 million and includes participation from existing investors including .406 Ventures, RRE Ventures,… Read More

December 5, 2022 @ 4:20 pm By Omar Faridi  |  

The team at Ledger notes that NFTs are ushering in “an artistic renaissance that has barely begun to play itself out, changing how art, music and, more broadly, culture is digitally generated, owned and exchanged forever.” As the platform to secure and manage NFTs, Ledger… Read More

December 5, 2022 @ 11:21 am By Omar Faridi  |  

The Governing Council of the European Central Bank has reportedly decided to reschedule the launch of the Eurosystem Collateral Management System (ECMS) from 20 November 2023 to 8 April 2024. This decision was “taken to mitigate the impact of the rescheduled launch of T2, the… Read More

December 4, 2022 @ 8:54 pm By Omar Faridi  |  

Quantifi, a provider of risk, analytics, and trading solutions, today announced it has been selected by Nomura Holdings to support its structured credit team. Nomura, a global financial services group with an integrated network spanning over 30 countries, “offers credit trading and structured credit solutions… Read More

December 4, 2022 @ 5:45 pm By Omar Faridi  |  

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced significant platform enhancements “making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications.” The Genesis platform “helps developers to build robust applications… Read More

December 3, 2022 @ 1:27 pm By Omar Faridi  |  

Euronext Group and Nexi S.p.A. recently announced “the completion of the purchase and sale of the technology businesses currently powering MTS, Euronext’s fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) by Nexi to Euronext, following receipt of approvals from the competent authorities… Read More

December 2, 2022 @ 3:40 pm By JD Alois  |  

Online capital formation is getting hit by all of the things impacting public markets. Record high inflation, rising interest rates, war in Ukraine, and tension with China all combine to compel investors to pull back. Crowdfund Capital Advisors (CCA) has shared some information on activity… Read More

December 2, 2022 @ 8:08 am By Omar Faridi  |  

Axway, a provider of API management and integration software, announced new data from its inaugural 2022 Open Everything Strategy Survey Report. Polling nearly 1,000 IT leaders, architects, and developers about their digital strategies and top concerns, the survey “found nearly 40% of organizations are in… Read More

December 1, 2022 @ 5:25 pm By Omar Faridi  |  

Daylight, an Application Programming Interface (API) that aggregates Web3 perks all in one place, has raised $3M in a seed round “co-led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi), and Chapter One, an early stage venture… Read More

December 1, 2022 @ 4:35 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has taken to Twitter to criticize Apple (NASDAQ:APPL) because it has blocked its most recent App update as Coinbase moved to evade app store fees. Coinbase said that Apple does not understand how NFTs and blockchain work, and thus Apple is in the wrong…. Read More

December 1, 2022 @ 9:50 am By JD Alois  |  

LastPass has posted a notice that it has experienced another data breach – with the perpetrators apparently utilizing information stolen before. LastPass is best known for its GoTo products enabling virtual operating environments. LastPass stated: “We recently detected unusual activity within a third-party cloud storage… Read More

November 29, 2022 @ 11:08 pm By Omar Faridi  |  

UK’s online pension provider, PensionBee (which has reached £3 billion in assets under administration), has partnered with specialist communication charity, Speakers Trust, in order “to help unlock greater confidence in the workplace when public speaking, by utilizing essential communication techniques.” The two organizations have “collaborated… Read More

November 29, 2022 @ 7:32 pm By Omar Faridi  |  

FinTech Australia has appointed Rachel Hopping as “its first Head of Strategic Partnerships, joining the team from share trading and superannuation Fintech Superhero.” The new role will primarily “engage with FinTech Australia’s 400 corporate partners, which include Visa, Mastercard and AWS.” Starting in 2019, the… Read More

November 29, 2022 @ 4:32 pm By Omar Faridi  |  

As conditions continue to tighten, the public alternative asset managers “remain optimistic and feel their respective firms are in a good position to take advantage of opportunities that will present themselves over the next several quarters,” according to an update from Pitchbook. The Pitchbook report… Read More

November 28, 2022 @ 9:27 pm By Omar Faridi  |  

A total of 1,456 venture capital (VC) funding deals worth $19.3 billion were announced in India during January to October 2022, which is a 7.5% growth in deal volume but 29.8% decline in deal value compared to the same period last year,” finds GlobalData, a… Read More

November 27, 2022 @ 11:44 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has scheduled its next meeting for December 8, 2022. The IAC was created under the Dodd-Frank Act and holds a mission to protect investor interests but has tended to overweight investor protection over investor access… Read More

November 27, 2022 @ 9:01 pm By Omar Faridi  |  

Both deal activity and deal value on the Carta platform have “declined in every quarter of 2022, falling back to pre-pandemic levels.” That’s a sharp reversal from last year, “when startup investment was propelled to new heights.” This year, deal volume in Q3 “was down… Read More

November 27, 2022 @ 8:02 pm By Omar Faridi  |  

1 in 2 Google Chrome Extensions have potential to wreak havoc,” Incogni Research shows. Data removal company Incogni analyzed “the risk profiles of 1,237 Chrome extensions available on the Chrome Web Store.” The study reveals “that 1 in 2 Chrome extensions (48.66%) has a High… Read More

November 27, 2022 @ 7:27 pm By Omar Faridi  |  

Infineon Technologies AG and Fingerprint Cards AB announced the signing of a joint development and commercialization agreement of a plug-and-play turnkey solution for “a biometric payment smart card.” The goal of the cooperation is “to make biometric smart card production as simple and easy as… Read More

November 27, 2022 @ 5:17 pm By Omar Faridi  |  

Deepki, the ESG data intelligence firm, has announced three senior hires who join its Leadership Committee “as it pursues its global growth strategy.” Deepki claims it is the only company in the world “offering a fully populated ESG data intelligence platform to help commercial real… Read More