General News

October 18, 2021 @ 9:15 pm By Omar Faridi  |  

In just 5 months since their Genesis launch, the Internet Computer blockchain has seen steady growth of its developer community, whose decentralized applications (dApps) and services have managed to attract around 250,000 users. On May 25, 2021, the DFINITY Foundation confirmed that the DFINITY Developer… Read More

October 18, 2021 @ 8:49 am By Omar Faridi  |  

Coventry Building Society and Atos announced on Monday (October 18, 2021) the completion of a “major” upgrade of its digital infrastructure by Atos that will “help strengthen the Society’s position as a top 10 UK savings and mortgage provider.” As mentioned in the announcement, Coventry… Read More

October 17, 2021 @ 3:14 pm By Omar Faridi  |  

Marc Hauser has been appointed as the Head of F10 Switzerland and member of the Global Leadership Team. As mentioned in the announcement, Marc will be responsible for “leading the Swiss team in achieving F10’s mission of shaping the future of banking and insurance.” In… Read More

October 16, 2021 @ 1:07 pm By Omar Faridi  |  

TradingView Inc, the popular charting platform and social network for traders and investors, announced on October 14, 2021 that it has completed a $298 million funding round – which was led by Tiger Global. TradingView’s investment round takes the firm – with paying clients in… Read More

October 16, 2021 @ 10:26 am By Omar Faridi  |  

During the market recovery following the Coronavirus crisis, European peer-to-peer platforms that emerged by 2017 have managed to rebound “at above-market growth rate,” according to a report from Robo.cash. The Croatian P2P lender noted that “calm upward trend is supported by a 2% increase in… Read More

October 15, 2021 @ 11:56 am By Omar Faridi  |  

MEW (MyEtherWallet), the platform for accessing the Ethereum ecosystem, announced that users are able to earn rewards by staking their SKALE (SKL) tokens from within the MEW wallet mobile app. Skale Network is described as a “fully” decentralized Ethereum compatible multichain Proof of Stake network… Read More

October 15, 2021 @ 8:03 am By Omar Faridi  |  

Tradeshift, an e-invoicing and AP automation service, announced that its virtual credit card product Tradeshift Go is on track to handle $2.5 billion in charge volume during 2021 – “a sixfold increase over 2020.” With this steady growth and over 2,000 clients, Tradeshift Go ranks… Read More

October 14, 2021 @ 1:05 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN) (via Santander Universities) and MIT Professional Education are providing 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships “geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization… Read More

October 14, 2021 @ 11:47 am By Omar Faridi  |  

Cognizant reveals that it has entered an agreement with Alveo to provide a comprehensive Environmental, Social and Governance (ESG) data management solution to the financial services sector. Through the partnership. companies will have the option to operationalize ESG data, integrate it into business processes for… Read More

October 14, 2021 @ 9:37 am By Omar Faridi  |  

Yup, the Web 3.0 social platform that rewards curators, has confirmed that it has finalized a $3.5 million round that was led by Distributed Global, which is an early investor in crypto-focused Unicorns Dapper Labs, Audius and Solana. The proceeds from the investment round will… Read More

October 13, 2021 @ 10:06 am By Omar Faridi  |  

Holochain based energy-saving initiative, Internet of Energy Network (IOEN – pronounced ‘ion’) has confirmed its listing on digital asset exchange, Gate.io. The listing will take place “post the dual IDO on TrustSwap and TrustPad on 8th October and 11th October respectively.” Leveraging Holochain tech, IOEN… Read More

October 13, 2021 @ 9:33 am By JD Alois  |  

Antler, a global VC firm active in the Fintech sector,  has closed over $300 in funding, according to a note from the company. Investors in the funds include Schroders, Vækstfonden, and Phoenix Group. Antler is committed to investing at the pre-seed stage, with the firm now… Read More

October 12, 2021 @ 1:04 pm By Tony Zerucha  |  

New research from investment holding company MBH Corporation reveals 85 per cent of professional investors from the United Kingdom, United States, and Germany believe equities in the UK are undervalued. Those investors, who collectively manage more than $300 billion, said a key reason for optimism… Read More

October 12, 2021 @ 8:37 am By Omar Faridi  |  

Low-code ETL platform Xplenty has reportedly acquired real-time data replication platform FlyData, further building on its product suite and “adding database replication to its customer offering.” As mentioned in a release shared with CI: “Today’s unprecedented growth of data and its ubiquity in business decision… Read More

October 11, 2021 @ 5:29 pm By Omar Faridi  |  

Following the commercial launch of the Spenda Payment Suite in May of this year, this week Cirralto released a “major” upgrade to the Spenda system. In addition to the increased functionality, this update provided the necessary changes and assurance of their transaction scaling capabilities “to… Read More

October 11, 2021 @ 3:46 pm By Omar Faridi  |  

Over a third or more than 30% of Bank of Ireland branches across the nation closed down permanently on Friday (October 8, 2021). As reported by The Journal, clients at 88 physical Bank of Ireland branches across the country had been able to use their… Read More

October 11, 2021 @ 11:09 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has started to introduce its sustainable payment cards, which are reportedly made with recycled material. The cards are being rolled out in Spain. Santander had previously launched the “One Card” design in Poland and Portugal. The financial institution plans to have… Read More

October 11, 2021 @ 10:20 am By Omar Faridi  |  

UK-headquartered banking, exchange, and investment app Ziglu is introducing a fee-free Euro account which has been designed to enable tourists and business travelers to spend “without incurring currency exchange charges.” The account, which is an addition to Ziglu’s sterling current account, is being introduced as… Read More

October 10, 2021 @ 10:31 pm By Omar Faridi  |  

European Fintech iwoca confirmed recently that it has been accredited under the UK’s Recovery Loan Scheme (RLS). The iwoca team wrote in a blog post, dated October 5, 2021, that they’ve been accredited by the British Business Bank as a lender under the RLS. This… Read More

October 10, 2021 @ 7:44 pm By Omar Faridi  |  

Big Four auditing firm EY reveals that two new partners have been added to its Banking Technology Consulting practice as the company responds to growing market demand and invests in growth. The senior appointments come as the practice – which provides digital transformation services to… Read More