General News

Fintech Ramp Secures $70M via Series B Led by Mubadala Capital, Korelya Capital

The latest funding round closed by Fintech Ramp brings the total raised by the firm to $122.7m over the past 12 months alone, “despite the current crypto bear market.” Ramp says it is pleased to announce that they’ve just secured $70M via their series B… Read More

Evmos Teams Up Anchorage Digital for Institutional Custody, Staking Services

Evmos, the port-of-entry from Ethereum to Cosmos, launched its partnership with Anchorage Digital in order “to offer institutions secure custody and staking of EVMOS, the native token of the platform.” As Evmos continues to attract builders to deploy dApps on its cross-ecosystem interoperability platform, institutions… Read More

Digital Asset Firm Kraken Claims its Committed to Ensuring Transparency and Trust

Given the current discussion regarding solvency, the team at Kraken wanted to explain the systems they have in place “to ensure that assets on [their] exchange are readily available to you at any time and especially during times of uncertainty.” First, it is important to… Read More

Digital Asset Firm Gemini Announces Seattle Area Expansion Plans for Next Year

The team at Gemini noted that they’re pleased to announce that their platform will “expand its Greater Seattle Area presence in 2023, with plans to increase the number of employees based in our Bellevue downtown office from 28 to over 125.” There are currently 100+… Read More

Kris Marszalek, CEO of Crypto.com, Says Firm Will be Releasing Audited Proof of Reserves

Kris Marszalek, CEO of Crypto.com, said that they’ve shared the belief that it “should be necessary for crypto platforms to publicly share proof of reserves” and Crypto.com will be publishing their audited proof of reserves. According to the company CEO, this is “a critical moment… Read More

Living Security, CybSafe Propose Human Risk Management Maturity Model

Living Security and CybSafe announced a new Human Risk Management Maturity Model, to serve as “a standard across the cybersecurity industry including: practitioners, analysts, vendors, and thought leaders to measure the impact of human behavior on an organization’s risk.” While several frameworks and maturity models… Read More

Truflation Supports Crypto Accessibility Platform to Bring Inflation Data to Visually, Hearing Impaired

Truflation, the independent, real-time inflation data aggregator, has partnered with Haptics DAO, a “decentralized” voice command platform that uses audio and haptic feedback “to help visually and hearing impaired users access wallets, trade cryptocurrencies, and explore price feeds and inflation data.” The Haptics DAO project… Read More

OurCrowd’s Global Investor Summit Set to Return, Tops $2 Billion in Capital Commitments

OurCrowd Global Summit is the Largest Event of its Kind Global securities crowdfunding platform OurCrowd is bringing back its annual Global Investor Summit after a COVID-induced hiatus. At the same time, OurCrowd has announced that it has topped $2 billion in capital commitments keeping it… Read More

HSBC, Marketnode, UOB to Work on Digital Issuance of Wealth Products

HSBC is pleased to partner with Marketnode, a SGX Group and Temasek joint venture and digital markets infrastructure operator, and UOB in order “to pilot fully digital issuance of wealth management products as part of a Monetary Authority of Singapore (MAS)-led collaboration on asset tokenisation,… Read More

Odoo, Aramco to Accelerate SME Digital Transformation in Saudi Arabia

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

Risktech Firm Facctum Introduces Watchlist Management Service

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

5Mins AI, the Workplace Learning Platform, Secures $5.7M to “Reinvent” Employee Upskilling

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

New Era of Online Risks Calls for Innovative Approach to Cyber Insurance, According to Swiss Re

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

FE fundinfo Expands Provision of European ESG Data to MSCI

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

Cinode Obtains ISO Certification for Information Security, According to ISO27001

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

DTCC Announces New Chief Security Officer Nashira Spencer

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

Manulife Investment Management, STACS’ ESGpedia Registry Working on Pilot for Review of Sustainability Labelled Bonds

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

Binance, Ledger to Enable Seamless Digital Asset Purchases

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

Investment Crowdfunding Pullback in October as Stumbling Economy Hits Online Capital Formation

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

BNPL Fintech Zilch Passes 3M Users, Reports a Gross Profit

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

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