General News

November 8, 2022 @ 10:47 pm By Omar Faridi  |  

The strategic collaboration between Odoo and Aramco outlines the long-term goals between the two companies “in line with Saudi Arabia’s Vision 2030.” Small and medium-sized enterprises (SMEs) are “among the most significant drivers of economic growth and an important area of focus of the Saudi… Read More

November 8, 2022 @ 10:05 pm By Omar Faridi  |  

Facctum, a Risktech firm specializing in cloud-delivered enterprise risk decisioning technology, recently announced the launch of FacctSet, a solution designed to streamline watchlist management for enhanced compliance outcomes. FacctSet is reportedly one of the first purpose-built products designed to address the various data management challenges… Read More

November 8, 2022 @ 2:07 pm By Omar Faridi  |  

5Mins AI, the gamified learning platform reinventing employee upskilling, has raised $5.7M in a seed round “led by AlbionVC. AlbionVC has been joined by Chalfen Ventures, Portfolio Ventures, Blue Lion Global and Edenred Capital Partners – the venture arm of the global employee benefits leader,… Read More

November 8, 2022 @ 1:53 pm By Omar Faridi  |  

The cyber risk landscape is “rapidly evolving,” with cyberattacks increasing in severity and sophistication. Hackers now “use triple extortion techniques and ransomware-as-a-service has lowered entry barriers for cybercriminals.” In addition, increased digitalization of critical infrastructure has made it “more vulnerable to cyber threats – with… Read More

November 7, 2022 @ 12:41 pm By Omar Faridi  |  

Global fund data and technology company FE fundinfo has expanded the range of ESG data it provides to MSCI and its clients. Through the agreement, MSCI will “gain access to FE fundinfo’s full universe of European ESG Template (EET) data.” EET data plays “a critical… Read More

November 7, 2022 @ 12:12 pm By Omar Faridi  |  

Cinode has received certification “according to ISO/IEC 27001:2013, and means that the SaaS service meets the high requirements of information security, which include confidentiality, integrity, availability and protection of assets.” ISO/IEC 27001 is “an internationally recognized standard for management systems regarding information security.” It helps… Read More

November 7, 2022 @ 10:22 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) has announced the selection of Nashira Spencer as its new Chief Security Officer (CSO), effective today. Spencer will report to Tim Cuddihy, DTCC’s Group Chief Risk Officer. According to DTCC, Spencer brings 20 years of expertise in security management,… Read More

November 6, 2022 @ 9:31 pm By Omar Faridi  |  

The global wealth and asset management segment of Manulife Financial Corporation, Manulife Investment Management recently announced its cooperation with Singapore-headquartered environmental, social, and governance (‘ESG’) fintech Hashstacs Pte Ltd (‘STACS’). The cooperation centers “around the usage of STACS’ ESGpedia digital registry, which powers the ESG… Read More

November 6, 2022 @ 5:34 pm By Omar Faridi  |  

Binance claims that it exists “to make crypto available to as many people as possible, as well as to serve as the easiest-to-use infrastructure services provider in the blockchain industry.” As part of that mission, Binance has partnered with Ledger “to bring different strands of… Read More

November 6, 2022 @ 4:36 pm By JD Alois  |  

A recent report from Crowdfund Capital Advisors indicates that investment crowdfunding under Reg CF is experiencing a pullback in the month of October. Virtually all markets have been roiled by exceptionally high inflation, rising interest rates, and general risk-off sentient. CCA reports that October is… Read More

November 6, 2022 @ 4:07 pm By Omar Faridi  |  

Zilch, which claims to be one of the world’s first Commerce Cards, recently announced it has surpassed the 3 million customer milestone – “outpacing fintech heavyweights like Revolut, Starling Bank and N26.” Zilch’s direct-to-consumer approach “continues to outperform the market showing significantly stronger levels of… Read More

November 5, 2022 @ 4:42 pm By Omar Faridi  |  

Arqit Quantum Inc. (Nasdaq: ARQQ), a key player in quantum-safe encryption, has signed a contract with Nine23 Ltd, a cybersecurity solutions provider for UK regulated and compliant sectors, “to deploy Arqit’s QuantumCloud™, a symmetric key agreement software, on Nine23’s UK Sovereign Secure Private Cloud infrastructure… Read More

November 5, 2022 @ 4:38 pm By Omar Faridi  |  

ThriveDX, the global cybersecurity education solutions provider, announced today it is prioritizing a new category in cybersecurity, “Human Factor Security”, in order “to close the global cybersecurity skills and talent gap while increasing diversity and inclusion across the industry.” Cybersecurity Ventures reported that “there are… Read More

November 5, 2022 @ 1:24 pm By Omar Faridi  |  

MSCI Inc. (NYSE: MSCI), a provider of critical decision support tools and services for the global investment community, announced the launch of digital-asset indexes, “offering a way to help investors evaluate sources of risk and return opportunities across the global digital-assets ecosystem.” These digital asset… Read More

November 4, 2022 @ 11:09 am By Omar Faridi  |  

Episode Six, the global payments and banking infrastructure provider, and Immersve, a multichain payments protocol and Scheme card issuer, have announced a partnership “to facilitate Scheme payments directly from Web3 digital wallets.” This partnership “brings together Episode Six’s globally distributed issuer processing expertise and Immersve’s… Read More

November 4, 2022 @ 10:33 am By Omar Faridi  |  

Sustainability and climate protection are “central challenges” of our time. Therefore, the EU is successively “obliging companies, credit institutions and other financial service providers to make the sustainability of their economic activities measurable within the framework of the EU Taxonomy Regulation.” The aim is “to… Read More

November 3, 2022 @ 8:43 pm By Omar Faridi  |  

Paymob, the omnichannel payments facilitator in MENAP, embarked on the next phase of its regional expansion in the UAE market. This step marks “an important milestone in Paymob’s global growth plans, fueled by recent Series B funding led by PayPal Ventures.” Paymob plans “to make… Read More

November 3, 2022 @ 10:02 am By Omar Faridi  |  

TouchBistro, a restaurant management platform transforming the restaurant category, announced the completion of CAD$150 million in growth financing from Francisco Partners, a  global investment firm that specializes in partnering with technology businesses. The funds will be used by TouchBistro “to accelerate the company’s growth initiatives,… Read More

November 3, 2022 @ 9:58 am By Omar Faridi  |  

Decentralized Autonomous Organization (DAO) Game7 and MetaMask announce HyperPlay, which is described as “an open-source desktop application where interoperability is the default for Web3 games.” HyperPlay claims it is “the world’s first Web3-native game launcher, built to make the user experience free of friction for… Read More

November 1, 2022 @ 12:47 pm By Omar Faridi  |  

Boost.ai, a cloud-based provider of conversational artificial intelligence (CAI) at scale, announced a new strategic partnership with CallMiner, a provider of conversation intelligence that drives improved customer experiences and business outcomes. CallMiner empowers businesses “to capture and analyze text and voice-based interactions, and paired with… Read More