General News

March 3, 2023 @ 7:44 am By Omar Faridi  |  

InvestCloud, the global player focused on digital transformation for the financial industry with over $6 trillion in assets, has announced the release of the next evolution of InvestCloud White, called InvestCloud White FMB+. The new product offering “includes integrated front, middle and back-office InvestCloud solutions,… Read More

March 2, 2023 @ 12:09 pm By Omar Faridi  |  

Lacework, the data-driven cloud security company, announced that Verifone, a global FinTech and payment solution provider to the world’s best-known brands, has selected the Lacework Polygraph Data Platform “to help secure its cloud infrastructure as the company moves to a cloud-native DevSecOps model.” Verifone’s platform… Read More

March 2, 2023 @ 11:21 am By Omar Faridi  |  

Aventus, a Web3 solutions provider for enterprises, has partnered with Nexos Technologies, a digital payments and banking platform providing open banking and payment solutions, in order “to bring blockchain-enabled solutions to the digital banking and payments sector.” Nexos Technologies has deep domain expertise “in traditional… Read More

March 1, 2023 @ 9:24 pm By Omar Faridi  |  

Board, a global provider of Intelligent Planning Solutions which help organizations plan smarter, enabling actionable insights and better outcomes, announced it has been selected by Nationwide, the world’s “largest” Building Society, in order “to transform financial planning.” Nationwide decided on Intelligent Planning from Board, in… Read More

March 1, 2023 @ 8:19 am By Omar Faridi  |  

Payment firms Visa (NYSE: V) and Mastercard (NYSE: MA) are reportedly taking a step back from forming new partnerships with cryptocurrency-focused companies. This, after the collapse of major businesses operating in the nascent industry. As first reported by Reuters, the crypto-assets sector experienced somewhat of… Read More

February 28, 2023 @ 8:21 pm By Omar Faridi  |  

Digital identity is not the easiest concept to define, according to an update from Juniper Research. It overlaps with other, similar, areas.  The crossover with areas “such as security, privacy and data management can be significant, and in some cases, they are indistinct.” As noted… Read More

February 28, 2023 @ 2:38 pm By Omar Faridi  |  

When the Tide Goes Out, could have long-term implications for private markets, according to a recent update from Pitchbook. A report from Pitchbook notes that asset growth from fund performance and future fundraising are the two most important variables in their estimates, and they are… Read More

February 28, 2023 @ 8:11 am By Omar Faridi  |  

FinTech Alliance has announced its fourth annual Investment Series, “with signups now open for FinTechs and investors to take part. ” The annual series has “included key partners like Augmentum FinTech, White & Case, Mountside Ventures, Albion VC and PwC” The Investment Series is nationwide and… Read More

February 27, 2023 @ 11:17 pm By Omar Faridi  |  

Doconomy, the climate technology startup helping banks, brands, and consumers to better understand and reduce their environmental impact – has acquired Stockholm-based financial wellbeing fintech Dreams Technology. This marks the “first” deal of its kind “to bridge the unique intersection of behavioural economics and climate… Read More

February 27, 2023 @ 4:29 pm By Omar Faridi  |  

Despite signs of slowing inflation, a majority of working Americans (62%) feel anxious about their current financial situation, according to new Harris Poll research commissioned by BPC’s Funding our Future Coalition and DailyPay among “over 1,300 employed Americans.” This anxiety is “heightened among women (69%).”… Read More

February 26, 2023 @ 6:53 pm By Omar Faridi  |  

Former CEO, CPO and CTO of Nordigen are expected to hold leadership roles in data, connectivity and engineering as integration of the two companies continues. GoCardless, a global firm focused on bank payment solutions, has “appointed three executives from open banking provider Nordigen, which it… Read More

February 26, 2023 @ 4:37 pm By Omar Faridi  |  

Deel Lab, the HR company’s research and policy consortium, published its State of Global Hiring Report. Findings from 260k+ worker contracts across 160 countries “show that from January through December 2022, global hiring grew across all regions, although some regions saw a higher rate of… Read More

February 26, 2023 @ 11:17 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the creation of two new leadership positions to accelerate the company’s delivery against its strategic priorities. Karen Griffin, currently the company’s Chief Compliance Officer, will “take on a new role as Chief Risk Officer.” The ability to manage an organization’s risk… Read More

February 26, 2023 @ 9:47 am By Omar Faridi  |  

Noventiq (LSE: SFTL), the global digital transformation and cybersecurity solutions and services provider, announces that the acquisition of the majority stake of Saga Group has been closed. In September 2022, Noventiq signed an agreement “to acquire Saga Group.” The transaction strengthens Noventiq’s presence in Eastern… Read More

February 25, 2023 @ 6:36 pm By Omar Faridi  |  

DirectID, a UK-based, global fintech specializing in credit risk, risk analytics and predictive modelling, using bank transaction data, announced that Ingka Investments, the investments arm of Ingka Group, has made a EUR 9m minority investment in the company. With a mission to promote financial inclusion… Read More

February 25, 2023 @ 11:12 am By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has announced the launch of an initiative with other organizations that will focus on sharing information about the convergence of Web3 technologies. The Metaverse Business Alliance is described as a partnership focusing on the growing use of… Read More

February 24, 2023 @ 3:32 pm By JD Alois  |  

EuroCrowd is ten years old. Originally called the European Crowdfunding Network, the association has long been an important voice advocating on behalf of online capital formation and a key proponent in the fight to enact pan-European crowdfunding rules. A recent email distributed by EuroCrowd noted… Read More

February 23, 2023 @ 9:02 am By JD Alois  |  

I had to ask. Interest in artificial intelligence (AI) is booming right now. It has been a hot sector of tech for years, but the rise of ChatGPT has given it a boost as the consumer application is freely available to answer just about any… Read More

February 21, 2023 @ 9:29 pm By Omar Faridi  |  

With the purpose of tapping into the collective expertise of our team, as well as keeping the team innovative and dynamic, the Alchemy Pay Board of Directors has “effected a significant restructuring of Alchemy Pay’s management.” As of January 1st, 2023, Alchemy Pay has “transitioned… Read More

February 20, 2023 @ 5:02 pm By Omar Faridi  |  

The global economy took a downward turn in 2022, “leaving behind 2021’s environment of easy money and soaring valuations,” according to an update from Carta. The U.S. venture capital market “followed suit.” Venture deal count for private companies on Carta in 2022 “declined 29% year… Read More