General News

May 25, 2022 @ 10:30 am By Omar Faridi  |  

Global Blockchain Business Council – the international industry association for the blockchain technology ecosystem – has announced a merger with market standards association for the adoption of cryptocurrencies and digital assets, Global Digital Finance (GDF). The merger sees the two organizations “join their respective resources,… Read More

May 25, 2022 @ 9:28 am By Omar Faridi  |  

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More

May 23, 2022 @ 10:22 am By JD Alois  |  

Following a COVID-induced pause on in-person events, LendIt Fintech is returning to a gathering of real people in New York City this week. Monkey-pox be damned, the annual gathering is expected to attract thousands of innovators, investors, service providers, and more to participate in a… Read More

May 21, 2022 @ 2:47 am By Omar Faridi  |  

UK’s Atom Bank has reportedly appointed Andy Sturrock as the banking platform’s new Chief Technologist. Andy joins Atom from BP plc, where he ran the firm’s Digital Consumer Channels and Offers teams, including the BPMe app and loyalty schemes. During his time working at BP,… Read More

May 20, 2022 @ 12:20 pm By Omar Faridi  |  

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, has added research and global investment firm AllianceBernstein (AB) to its client roster “helping traders gain better insights more efficiently, improving traders’ experience, and optimizing their productivity.” As a global asset manager, AB… Read More

May 19, 2022 @ 9:12 am By Omar Faridi  |  

Smarsh, the “industry leader” in enabling organizations to easily manage risk and uncover the value within their communications data, announced that they have entered into an agreement to acquire TeleMessage, a key player in mobile messaging and voice capture and archiving. Regulatory compliance for mobile… Read More

May 19, 2022 @ 5:56 am By Omar Faridi  |  

Humanitas Technologies, the impact data infrastructure startup that is building a universal diversity, equity, and inclusion (DEI) API or “Grammarly for DEI”, recently announced they’ve acquired $1.5 million in seed funding. As noted in an update shared with CI, investors include Francoise Brougher, Jeff Walker,… Read More

May 18, 2022 @ 5:47 pm By Omar Faridi  |  

Global white-labeled BNPL facilitator, Jifiti recently announced that David Chubak, former CEO of Citi Retail Banking in the US, has joined the firm’s Board of Directors. Chubak is one of the nation’s “most senior” retail bankers, having overseen Citi’s retail division that “operated 78 million… Read More

May 18, 2022 @ 11:41 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE:BIGG), owner of Blockchain Intelligence Group, a global cryptocurrency intelligence and compliance company, is pleased to announce “the appointment of Kenneth A. Goodwin, Jr. as the Director of Regulatory and Institutional Affairs.” Goodwin brings extensive experience in global banking and capital… Read More

May 18, 2022 @ 10:17 am By Omar Faridi  |  

Elwood Technologies, a platform providing “institutional-grade” access to digital asset markets and liquidity venues, recently announced it has “closed a $70 million Series A funding round.” The round was co-led by Europe‘s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs. There was… Read More

May 18, 2022 @ 7:51 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, recently appointed Jonathan Sepulchre to serve as Head of Growth, a newly-created function “to drive the next stage of the company’s development.” An experienced “growth leader” with a comprehensive background in digital marketing, Jonathan will work closely… Read More

May 18, 2022 @ 5:21 am By Omar Faridi  |  

Mercer, an international leader in “redefining” the world of work, “reshaping” retirement and investment outcomes, and “unlocking real health” and well-being, and a business of Marsh McLennan (NYSE: MMC), has “named Max Messervy Head of Sustainable Investment (SI), Americas.” Max will work across Mercer’s Investment… Read More

May 16, 2022 @ 11:36 pm By Omar Faridi  |  

Big Data Exchange (BDx), a data center solutions provider in Asia Pacific, recently announced that it has entered a conditional sale and purchase agreement of shares (CSPA) and joint venture agreement, “together with a series of commercial and operational agreements, with PT Indosat Tbk (Indosat… Read More

May 16, 2022 @ 1:13 pm By Omar Faridi  |  

Osmosis, the Cosmos-based interchain automatic market maker (AMM), recently announced the launch of the Osmosis Grants Program. Created following a successful on-chain governance vote, the Osmosis Grants Program “funds community-built tooling and infrastructure to grow the long-term utility of Osmosis and increase its user base.”… Read More

May 16, 2022 @ 1:29 am By Omar Faridi  |  

MPOWER Financing, which claims to be a mission-driven Fintech firm and the “leading” provider of education loans to “promising” international and DACA students, recently announced industry veteran Christopher Zaki “as its new Head of Capital Markets.” Zaki will identify and lead strategic partnerships “with capital… Read More

May 15, 2022 @ 10:35 pm By Omar Faridi  |  

New payment checks at online checkouts are “proving invaluable” as Nationwide Building Society reports it is “protecting its members from an additional 2,000 cases of online card fraud a month.” Despite the fact that some transactions now take a little longer, new research from UK’s… Read More

May 15, 2022 @ 7:34 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, recently announced the launch of its Virtual Shopping offering, “bringing the best of in-store to the online experience.” Virtual Shopping by Klarna “enables consumers to browse and buy online with confidence by connecting them directly with… Read More

May 15, 2022 @ 2:44 am By Omar Faridi  |  

Santander (NYSE: SAN) claims to be the only company in Spain that “enables customers to purchase carbon credits on the ClimateTrade platform and Mastercard donation platform to offset their CO2 emissions.” 74% of its customers think sustainability “is of global importance, and 67% are calling… Read More

May 15, 2022 @ 1:43 am By Omar Faridi  |  

Delta Payment Solutions, the management division of Delta Payment Cooperative, is pleased to confirm that Stacey Wiles has been “appointed to the new role of Chief Executive Officer.” An experienced business executive with an “accomplished” payments industry background spanning more than two decades, Stacey will… Read More

May 12, 2022 @ 10:54 pm By JD Alois  |  

The past few weeks have been tough for investors. Both traditional markets and crypto markets have been battered. Expectations for much higher interest rates, aiming to mitigate crushing inflation, means the pain is here to stay – at least for a while. Regarding stock markets,… Read More