General News

Cybersecurity: ThriveDX Launches Program for Security Awareness Administrators

ThriveDX, the global firm focused on cybersecurity and digital skills training, is pleased to announce the launch of its new certificate program exclusively designed “for security awareness administrators and managers to equip them with the skills and knowledge they need to implement and manage comprehensive… Read More

CBDCs: Bank of Canada Introduces Public Consultations on a Digital Dollar

The Bank of Canada is launching an online public consultation on “the features that could be included in a digital Canadian dollar.” The consultation opened on May 8, 2023 and runs until June 19. The way Canadians pay for everything from the daily necessities “to… Read More

Velocity Global, which Helps Firms with Hiring, Paying, Managing Globally Distributed Workforce, Makes Key Appointment

Velocity Global, which claims tobe the world’s “expert” on work, announced the appointment of Linda Lee as Chief People and Culture Officer. In her role, Linda will aim to “build a best-in-class people strategy, overseeing culture-related initiatives as well as talent development and employee recruitment… Read More

Business Decisioning Data, Analytics Firm Dun & Bradstreet Expands ESG Rankings Coverage

Dun & Bradstreet (NYSE:DNB), a global provider of business decisioning data and analytics, announced it has expanded its ESG Rankings coverage across public and private companies from 42 million to 74 million in 185 countries. This expansion reflects a recent update “regarding the materiality weighting… Read More

Money Management: UK Consumers More Likely to Open Joint Account When they Reach 25-34 Age Range, Survey Reveals

Money is the number one cause of quarrels for three out of 10 couples in the UK, according to a survey by Starling Bank. Couples aged 45-54 reportedly “have the most disagreements (39%), along with parents (37%).” The research, which “questioned 4,000 over 16s in… Read More

Codeless as a Service: Unqork to Enhance Development Process With Updates Targeting Collaboration, Performance, Security

Unqork, the Codeless as a Service platform, announced its Spring 2023 Platform Update, its first extensive new set of platform features of 2023. Unqork reportedly “enables customers to democratize technology and free themselves from the pitfalls of legacy code, unlocking innovation and speed to market… Read More

Global Business Payments Fintech FLEETCOR Technologies Reports Latest Financial Results

FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company,  reported financial results “for its first quarter ended March 31, 2023.” Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc., said: “We reported a very good first quarter, with fundamental trends driving reported and… Read More

Data Security Firm Immuta Secures Investment from Databricks

Immuta, which claims to be a leader in data security, announced a new strategic investment from Databricks Ventures, the investment arm of the data and AI company and pioneer of the lakehouse. The investment builds “on a longstanding partnership between the two companies and positions… Read More

SMB Lending Fraud on the Rise, LexisNexis Risk Solutions Report Claims

LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. Based on a survey of lenders, SMB lending fraud “has increased significantly during the past 12 months, with many smaller banks, credit unions and fintechs expecting fraud levels to worsen over… Read More

Center for Research toward Advancing Financial Technologies Announces Industry Members, Research Projects to Drive Fintech Sector Innovation

Stevens Institute of Technology and Rensselaer Polytechnic Institute announced their first industry members, “including Bank of America (NYSE: BAC), and initial research projects for the Center for Research toward Advancing Financial Technologies (CRAFT).” An industry-university cooperative research center, “backed by a grant from the National… Read More

Private Markets Report: Venture Capital Raised by Startups Plunged 80% from Q1 ’22 to Q1 ’23

The transformation of the venture capital industry over the past year has been “stark,” according to a recent update shared by Carta. Carta writes in a blog post that the total venture capital “raised by startups plunged 80% from Q1 2022 to Q1 2023.” Venture… Read More

Privacy Compliance Firm CYTRIO Launches Privacy-focused UX Platform

CYTRIO, a next-generation data privacy compliance company, introduced a comprehensive data privacy UX platform that includes consent and preference management, do not sell my information, Data Subject Access Request (DSAR) management, and policy templates in one data privacy compliance platform. Businesses of all sizes “can… Read More

Cyber Defense Automation Platform Appdome, GitLab to Enhance Security in Mobile App Economy

Appdome, the mobile app economy’s one and only Cyber Defense Automation platform,  announced that it has released a pre-built integration between its platform and GitLab, the scalable enterprise DevSecOps platform for software innovation. The new integration is “part of Appdome’s Dev2Cyber Partner initiative to accelerate… Read More

Is PacWest Next? Pacific Western Bank Craters in After Hours Trading

Perhaps Jamie Dimon’s All Clear regarding the bank crisis – telling everyone to take a deep breath after JP Morgan Chase (NYSE:JPM) took over First Republic Bank (NYSE:FRC) was a bit premature. In after-hours trading, PacWest’s (Pacific Western Bank) (NASDAQ:PACW) shares are cratering – currently… Read More

US Federal Reserve Increases Rates by 25 BPS, Markets Hope for a Pause Going forward

The US Federal Reserve announced a 25 bps increase in benchmark interest rates matching market expectations. While some held hopes for a pause this week, prognosticators are now looking forward to the next meeting in June. What did change in the Federal Open Market Committee… Read More

While Number of Reg CF Offerings Drops in April, Capital Commitments Remain Strong

Private equity markets around the world remain subdued due to economic challenges and geopolitical strife. At the same time, online capital formation, a growing component of capital markets, remains robust – at least in the US. According to a report by Crowdfund Capital Advisors (CCA),… Read More

Jobs Report: 25% of Roles May Change in Next 5 Years, with AI, Machine Learning, Digital Tech Transforming Role of Workers

The Future of Jobs Report 2023 suggests that “almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.” According to the estimates of the 803 companies surveyed for the report, employers “anticipate… Read More

Astor Investment Management, FLX Networks Announce Expanded Partnership

Astor Investment Management and FLX Networks announced their expanded relationship, “signaling further adoption of new, innovative, and efficient models by asset management firms as the industry undergoes significant changes.” Under this expanded partnership, FLX will now “represent Astor as its full-service front-office distribution partner, handling… Read More

SaaS Retail Intelligence Platform Provider EDITED Expands Team to Accelerate Innovation, Business Growth

EDITED, supplier of the SaaS Retail Intelligence platform, announced the appointment of Shellie Vornhagen as its Chief Marketing Officer, David Hartig as Chief Technology Officer and Shakeel Abdul as Chief Strategy Officer. These key additions to the C-Suite aim to “solidify a successful 2022 that… Read More

UK Businesses Reportedly Received Average of £237K+ in Fines Following Data Breaches, Violation of Data Protection Rules

UK businesses received, “on average, £237,402 worth of fines following data breaches or violation of data protection rules in the last 12 months, with half (50%) of respondents listing financial data as the most likely to be compromised.” The findings come from ISMS.online’s latest State… Read More

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