General News

Centre for Fourth Industrial Revolution Malaysia to Focus on Green Transition, Digital Transformation

The Centre for the Fourth Industrial Revolution Malaysia (C4IR Malaysia) was officially launched by the Prime Minister of Malaysia, Anwar Ibrahim, and the President of the World Economic Forum, Børge Brende. C4IR Malaysia will “play a crucial role in driving the advancement of the digital… Read More

Reg CF: Securities Crowdfunding Under this Exemption is Now Seven Years Old

While the Jobs Act of 2012 was signed into law that year, towards the end of the Obama Administration, it took a few more years to complete the rules. The Securities and Exchange Commission eventually completed “Title III” of the JOBS Act, and Reg CF… Read More

Cybersecurity: Kasada, Signifyd to Eliminate Digital Commerce Fraud without Disrupting User Experience

Kasada, provider of the most effective and easiest way to defend against advanced bot attacks, announced a strategic partnership with Signifyd, a specialist in eCommerce fraud and consumer abuse protection. As noted in the update: “As fraud rings continue to innovate, Signifyd and Kasada together… Read More

Global Private Equity Investment at 12 Month Low

Global private equity investments hit a 12-month low, according to a report. S&P Global Market Intelligence says in April 2023, private equity “plunged,” with deal value sinking by a whopping 66.8% year over year to $27.05 billion from $81.57 billion a year ago. Private equity… Read More

Payments Fintech RTGS.global Appoints CEO, New Chair as it Strengthens Leadership Team

RTGS.global, which claims to be the next-gen settlement service delivering real-time cross-border payments and liquidity management, says it is “scaling up quickly in 2023 with very strong market acceptance.” In order to react to this rapid growth, RTGS.global is “strengthening its executive leadership team by… Read More

Monetary Authority of Singapore Announces Re-Appointments of MD, Key Board Members

The Monetary Authority of Singapore (MAS) recently announced the re-appointment of three existing members to its Board of Directors and the re-appointment of its Managing Director. Mr Lucien Wong, Attorney-General, and Mr Chaly Mah, Chairman of NetLink NBN Management Pte Ltd, will be “re-appointed to… Read More

Fintech Growth Will Accelerate with Safe, Seamless Digital Account Opening, Mastercard Claims

The key to faster Fintech growth is safe, seamless digital account opening, according to an update from Mastercard (NYSE: MA). Innovations in finance and payments are reportedly “unlocking new experiences for consumers and fintechs alike.” As of 2022, around 78 percent of adults in the U.S…. Read More

Automated Decisioning Platform Taktile Launches Data Marketplace with Major Providers to Assist Lenders

Taktile, the automated decisioning platform, announced the launch of its Data Marketplace as part of its mission to revolutionize how fintechs and banks harness data to make decisions. The Taktile Data Marketplace is described as “a one-stop ecosystem of leading data providers that enables customers… Read More

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

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