Global

December 27, 2023 @ 8:56 am By Omar Faridi  |  

Bitcoin Suisse, which claims to be the “trusted” Swiss crypto investment partner, today announced the release of a suite of robust Application Programming Interfaces (APIs). These APIs provide access “to trading and staking services, enabling institutional clients to use and create customized crypto offerings, simplify… Read More

December 27, 2023 @ 8:53 am By Omar Faridi  |  

The Autorité des Marchés Financiers (AMF) has published the 7th edition of its Savings and Investment Barometer on investment trends. After the sharp fall seen in 2022, more retail investors are “planning to invest in equities in 2023.” This renewed interest is being driven in… Read More

December 27, 2023 @ 6:21 am By Omar Faridi  |  

Accenture (NYSE: ACN) has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus “on helping Italian public service organizations build… Read More

December 26, 2023 @ 2:03 pm By Omar Faridi  |  

Bullish, which claims to be among the “fastest-growing,” regulated, institutional digital assets exchange, recently launched perpetual futures for eligible customers following approval from its regulator, the Gibraltar Financial Services Commission (GFSC). The growing dominance of the global crypto derivatives market, which “accounts for approximately 75%… Read More

December 26, 2023 @ 11:11 am By Omar Faridi  |  

Tuum is pleased to announce that Foke Burmeister has joined as the new Sales Director for the DACH (Germany, Austria, and Switzerland) and CEE (Central and Eastern Europe) regions. With an extensive track record in core banking and payments at EY and Accenture, Foke is… Read More

December 26, 2023 @ 11:09 am By Omar Faridi  |  

2023 marked Nubank’s (NYSE:NU) tenth anniversary with further innovation from one of the world’s largest digital financial services platforms. Over the past 12 months, the company has “launched over 45 new solutions to give people more autonomy and security in managing their finances.” With significant… Read More

December 26, 2023 @ 10:59 am By Omar Faridi  |  

CoverForce, the “independent “API delivering instant quote and one-click bind from the leading insurance carriers, announced a partnership with agency management system, NowCerts. Through this partnership, NowCerts has “launched an instant commercial lines quote and bind platform enabled by leveraging CoverForce’s API infrastructure.” Cyrus Karai,… Read More

December 26, 2023 @ 9:13 am By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, has signed an open letter urgently “calling for more asset managers to offer pass-through voting on pooled funds.” Collectively representing pension schemes, endowments and wealth managers stewarding approximately £250bn assets under… Read More

December 26, 2023 @ 8:53 am By Omar Faridi  |  

Medius, a global provider of autonomous accounts payable (AP) automation and spend management solutions, announced that it has entered into a series of partnerships with several UK-based value-added resellers (VARs) and consultants for ERP solutions including those for Sage, IFS, Infor, OpenAccounts, Access, and eBIS…. Read More

December 26, 2023 @ 8:45 am By Tony Zerucha  |  

AU10TIX, a global technology provider of identity verification and management services, this week released its Q3 2023 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from July to September 2023, the report uncovers significant trends in the world of… Read More

December 26, 2023 @ 8:43 am By Omar Faridi  |  

Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders. The £20 million funding will “support the continued growth of the company through to achieving profitability and beyond.” This funding round follows… Read More

December 26, 2023 @ 8:40 am By Omar Faridi  |  

Digital bank Revolut has shared some important financial updates. Revolut reveals that its revenue has reportedly “increased to $1.1bn (£923m) in 2022, up 45% from $786m (£638m) in 2021.” Revolut added almost 10m customers last year “with a 71% increase in deposits and 55% increase… Read More

December 26, 2023 @ 6:50 am By Omar Faridi  |  

Santander Bank, N.A. (NYSE: SAN)announced that it has closed a transaction with the Federal Deposit Insurance Corporation (FDIC) to participate in a joint venture that consists of a $9 billion portfolio of New York based multifamily real estate assets retained by the FDIC following the… Read More

December 24, 2023 @ 7:58 pm By Omar Faridi  |  

TaxBit, the provider of compliance solutions for digital assets, announced the launch of its CESOP Compliance Platform, catering to crypto exchanges operating in the EU. This solution addresses the upcoming CESOP compliance requirements set “to commence in Q1 2024, underscoring TaxBit‘s dedication to upholding tax… Read More

December 24, 2023 @ 11:49 am By Omar Faridi  |  

Crime has long been a “top-of-mind” concern for households across Latin America and the Caribbean, according to an update shared by the International Monetary Fund (IMF). The IMF noted in a blog post that the LatAm region accounts “for nearly half of the world’s intentional… Read More

December 24, 2023 @ 10:47 am By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Annual Report: Canada Tech 2023. The report, based on Tracxn’s extensive database, “provides insights into the Canada Tech space.” In 2023 Year-to-Date (YTD), Canada stands “as the seventh highest-funded country globally for startup funding,… Read More

December 24, 2023 @ 6:50 am By Omar Faridi  |  

In an effort to streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase, the enabler of engagement banking platform solutions worldwide. Established in 2017 with a primary focus on retail and corporate segments, LIB… Read More

December 24, 2023 @ 3:56 am By Omar Faridi  |  

Remittances to low- and middle-income countries (LMICs) grew “an estimated 3.8% in 2023, a moderation from the high gains of the previous two years.” Of concern is the risk of “decline in real income for migrants in 2024 in the face of global inflation and… Read More

December 24, 2023 @ 2:16 am By Omar Faridi  |  

With 80% of employees in the office three or more days a week, employers are challenged with optimizing office space Ernst & Young LLP (EY US) announced the launch of its third annual EY Future Workplace Index, which “tracks C-suite and executive sentiment and behavioral… Read More

December 23, 2023 @ 5:11 pm By Omar Faridi  |  

ABN AMRO is reportedly investing in SET Fund IV, a fund focused on data and digital technology companies that help accelerate the energy transition to a zero-carbon society. As noted in a blog post, the fund is managed by SET Ventures, an investment company “that… Read More