General News

December 7, 2024 @ 2:31 pm By Omar Faridi  |  

CyberCube announced a partnership with HUB International (HUB), a  full-service global insurance broker and financial services firm. With the expanded partnership, HUB will now reportedly have the option to leverage CyberCube’s software and services in order to “deliver cyber risk analytics” to its clients across the… Read More

December 7, 2024 @ 2:21 pm By Omar Faridi  |  

Singapore’s Temasek announced the formation of a wholly-owned private credit platform. Temasek explained that it has been investing in credit funds for more than 10 years, the announcement noted. In 2016, Temasek assembled a credit & hybrid solutions team to buildout its direct and fund investments… Read More

December 5, 2024 @ 7:19 pm By JD Alois  |  

According to a report from Israel, startups in the country generated $8.1 billion in funding during 2024. At the same time, mergers and acquisitions set a new record at $10.5 billion in deals. The report was published during the annual “2024-2025 Trends and Forecasts” conference,… Read More

December 5, 2024 @ 10:15 am By Omar Faridi  |  

Kaspersky’s detection systems have reportedly discovered an average of 467,000 malicious files per day in 2024, marking a “14% increase” compared to the previous year. Certain types of threats saw significant growth with experts “reporting a 33% surge in Trojan detections compared to 2023.” These… Read More

December 3, 2024 @ 11:47 pm By Omar Faridi  |  

The Lloyds Business Barometer has recently found that UK business confidence fell in November, with the index reportedly sliding three points to 41%. Above the long-term average of 29%, the notable change followed a period of sustained “positivity” from UK based businesses, as confidence reached… Read More

December 3, 2024 @ 8:18 am By Michael Wong  |  

US e-commerce giant Amazon (NASDAQ:AMZN)announced that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023, bolstering its presence in the Southeast Asian market and supporting over 10,000 indirect jobs. The investment encompasses capital expenditure on… Read More

December 2, 2024 @ 4:16 pm By Omar Faridi  |  

Consumers valued various special deals this Black Friday, as digital commerce revenue grew +14.6% compared to 2023, according to an update from Mastercard (NYSE: MA). As noted in the preliminary insights from Mastercard SpendingPulse, U.S. retail sales excluding automotive were “up +3.4% on Black Friday,… Read More

November 29, 2024 @ 8:29 am By Omar Faridi  |  

NordVPN has shared insights on “unmasking” dark web deals. The team at NordVPN have looked at what tools and scams are trending among hackers this holiday / shopping season. According to the update, dark-minded hackers are able to find scam and phishing kits as well… Read More

November 26, 2024 @ 8:51 am By Omar Faridi  |  

Cboe Clear Europe, a pan-European clearing house, today announced that it has received regulatory approval to clear European Securities Financing Transactions (SFTs). This has reportedly been granted by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). With this approval, Cboe Clear Europe is… Read More

November 25, 2024 @ 4:01 pm By Omar Faridi  |  

Inflation is taking a financial toll on state and local government workers in the U.S. according to new research. A Harris Poll, commissioned by DailyPay, finds that the majority or 73% of government workers say inflation has had a “negative impact on their finances in… Read More

November 25, 2024 @ 9:32 am By Tony Zerucha  |  

Released last week, the J.D. Power 2024 U.S. Wealth Management Digital Experience Study finds that more full-service and self-directed wealth management clients than ever have come to expect tailored guidance on how to meet personal financial goals from the digital channels offered by their wealth… Read More

November 23, 2024 @ 6:04 pm By Tony Zerucha  |  

As Black Friday and the holiday shopping season approaches, payment service providers, merchants and Fintechs are preparing for a surge in transactions. However, so are fraudsters. According to recent studies conducted by public and private entities, cybercriminals are increasingly using AI-based techniques that allow them… Read More

November 23, 2024 @ 5:44 pm By Omar Faridi  |  

Research uncovered as part of the eToro’s Retail Investor Beat, which was conducted by eToro with this edition supported through a partnership with Nasdaq, a source for financial, economic and alternative datasets, has revealed differences between US and UK retail investors when it comes “to… Read More

November 23, 2024 @ 10:00 am By Tony Zerucha  |  

Oraclum Capital founding partner and CIO Vuk Vuković, PhD, said the interplay between Donald Trump’s policies and the Fed’s reactions to the outcomes will shape finance in 2025. Vuković said inflation will once again be at the forefront of market (re)action, as it could potentially… Read More

November 22, 2024 @ 7:45 am By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced the results of its inaugural survey of European retail investors, conducted jointly by Cboe Europe Derivatives (CEDX), Cboe’s pan-European equity derivatives marketplace, and The Options Institute, Cboe’s education arm. The survey reveals… Read More

November 21, 2024 @ 7:12 am By Omar Faridi  |  

KPMG UK has shared insights following the latest inflation figures. Yael Selfin, Chief Economist at KPMG UK comments on inflation data by noting that headline inflation rises above “target with upward risks to the outlook on the increase” Selfin from KPMG UK added that while the rise… Read More

November 19, 2024 @ 1:27 am By Omar Faridi  |  

A European wealth gauge aims to assist policymakers with addressing inequality by combining various measure that allow for a more deeper understanding of how wealth distribution impacts the overall health of economies. This, according to an update from the International Monetary Fund (IMF). The IMF… Read More

November 17, 2024 @ 6:09 pm By Omar Faridi  |  

Kaspersky is announcing the opening of its latest Transparency Center in Seoul, South Korea, reaffirming its commitment to delivering the best security assurance for its products and services. Located in the Kaspersky office, the new facility will provide “the company’s stakeholders with services ranging from… Read More

November 15, 2024 @ 9:14 am By JD Alois  |  

The Unicorn Kingdom Pathfinder Awards (UKPA) winners have been announced. Four tech scale-up companies were recognized yesterday at a ceremony hosted by the Department of Business and Trade (DBT). The winners will also participate in a roundtable at No 10 in the near future. Enabling innovation and investment is… Read More

November 13, 2024 @ 4:43 pm By Omar Faridi  |  

Carta announces exclusive streamlined solution with Morgan Stanley at Work for private companies seeking to IPO. Morgan Stanley at Work to become Carta’s U.S. public equity management platform, aligning cap table management and IPO readiness with public equity compensation solutions and wealth management. In preparing… Read More