Global

February 5, 2023 @ 8:57 pm By Omar Faridi  |  

The Centre for Finance, Innovation and Technology (CFIT) has named Ezechi Britton MBE as its Chief Executive Officer. He will start the role in April 2023. Britton will work with Charlotte Crosswell (CFIT Chair) in order “to deliver on CFIT’s mission to support the next… Read More

February 5, 2023 @ 7:17 pm By Omar Faridi  |  

Klarpay AG marks a “significant” expansion of its international payment offering with the launch of 13 new currency IBAN accounts. This addition “enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse payments in AED, AUD, CAD, DKK, HKD, HUF,… Read More

February 5, 2023 @ 4:37 pm By Omar Faridi  |  

The XPLA Blockchain, a “next generation” of Web3 mainnet developed with gamers at the core of its design, announced that a governance proposal ‘to support individual $XPLA holders related to the FTX incident has been approved with unanimous consent.” The voting on the Relief Fund… Read More

February 5, 2023 @ 4:07 pm By Omar Faridi  |  

Finastra recently unveiled Finastra ALM IQ, a risk management solution available for banks from March 2023. The unique Cloud-based balance sheet management tool “enables small and medium-sized banks to make confident decisions in shorter timeframes, making them more competitive against larger financial institutions.” ALM IQ… Read More

February 5, 2023 @ 3:27 pm By Omar Faridi  |  

Center, a software company helping businesses gain visibility into and manage employee spending, released insights from its fourth annual Expense Management Trends survey, revealing that “despite an uncertain economic environment, over a third of respondents (36%) plan to spend more than $250k annually on travel,… Read More

February 5, 2023 @ 2:17 pm By Omar Faridi  |  

Fibery, the work and knowledge hub for startups, today announced that it has raised $5.2 million in a Series A funding round “led by Tal Ventures, with additional funding from Altair Capital.” This investment round “brings total investment in the company to $8.3 million, following… Read More

February 4, 2023 @ 7:16 pm By Omar Faridi  |  

Proxymity, the digital investor communication platform, today announced its collaboration with FIS® to launch FIS Proxy Voting by Proxymity. The digital proxy voting service “connects issuers, intermediaries, and investors ensuring that investor communications are delivered in real-time.” Rapidly increasing cost pressures amidst “an unpredictable economic… Read More

February 4, 2023 @ 4:30 pm By Omar Faridi  |  

Extend, a virtual card and spend management platform, had a strong 2022 as customers embraced the opportunity ‘to add powerful controls and insights to their business credit cards.” Since its founding nearly six years ago, Extend has “empowered companies to turn their existing credit card… Read More

February 4, 2023 @ 10:14 am By Omar Faridi  |  

Finnish Fintech company Membrane Finance has launched EUROe – Europe’s “first” and “only” EU-regulated full-reserve stablecoin and payment network. EUROe transforms “a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum, with planned support for an increasing number of blockchains.” One EUROe is… Read More

February 4, 2023 @ 10:12 am By Omar Faridi  |  

Paxos, the “comprehensively” regulated blockchain and tokenization infrastructure platform, announced it is launching “an engineering research & development center of security and cryptography excellence in Israel.” Paxos plans “to expand its Israel engineering center with senior, staff and principal engineers with specialized skills in enterprise-grade… Read More

February 4, 2023 @ 9:27 am By Omar Faridi  |  

Torii, creator of the world’s only Distributed SaaS Management Platform (SMP), announced advances that make it easier than ever “to manage cloud apps and reduce spend in the digital workplace.” Now, IT pros can empower employees “throughout the company as app owners and co-managers, easily… Read More

February 3, 2023 @ 7:47 pm By Omar Faridi  |  

Climate change is expected to have a “dramatic impact” on our environment over the next few decades – and quite possibly beyond, according to an update from DTCC. Since the 1980s, each decade has “been warmer than the previous one and this trend is expected… Read More

February 3, 2023 @ 6:22 pm By Omar Faridi  |  

Commonwealth Bank is rolling out new features for its widely used banking apps “aimed at combating the plague of scammers ripping off Australians.” From late March, the app will “indicate whether the name and account details customers have entered are correct when they make payments… Read More

February 3, 2023 @ 6:19 pm By Omar Faridi  |  

Specialty insurer Relm Insurance Ltd. announces an expansion of its strategic fronting partnership with Trisura Specialty Insurance Company, enabling the Bermuda-domiciled carrier “to provide capacity in support of AM-Best rated paper for U.S. digital asset risks.” Trisura, rated A- by AM Best, claims it is… Read More

February 3, 2023 @ 12:39 pm By Omar Faridi  |  

Mizuho Bank, Ltd., the integrated retail and corporate banking unit of Mizuho Financial Group and one of Japan’s largest financial services institutions, is “modernizing its legacy banking system for international operations with Oracle.” Over the coming years, Mizuho will “implement Oracle’s banking solutions to support… Read More

February 3, 2023 @ 11:53 am By Omar Faridi  |  

Binance, which claims to be the world’s leading cryptocurrency and blockchain infrastructure provider, announced the signing of an MoU with The Georgian Agency for Innovation and Technology (GITA). Under the agreement, both parties “expressed mutual interest in the delivery and implementation of large-scale educational and… Read More

February 3, 2023 @ 10:57 am By Omar Faridi  |  

ShareRing users and developers will be able to test out the alpha release of ShareRing Vault Query Language (VQL), a web-based platform with a query tool “for retrieving a user’s profile data from [their] ShareRing Vault.” VQL will benefit Web3 users who are looking “for… Read More

February 3, 2023 @ 9:15 am By JD Alois  |  

Monzo, a top digital bank serving the UK and the US, has surpassed seven million customers, according to an investor update posted on the Monzo community forum. The post indicates that Monzo has been growing by 150,000 new account sign-ups each month, with 350,000 customers… Read More

February 3, 2023 @ 8:28 am By Omar Faridi  |  

Revolut, the global financial super app with 25 million retail customers worldwide, is launching a new “unparalleled” membership plan, Ultra, to customers in the UK and Europe. The new top-tier plan, boasting “exceptional” perks, is “coming in spring 2023.” New and existing customers are encouraged… Read More

February 3, 2023 @ 8:26 am By Omar Faridi  |  

iwoca reaches net profitability in Q4 2022 and experiences over 50% increase in the number of small and medium-sized businesses funded across the UK and Germany This comes as iwoca “increases its funding line with Pollen Street Capital from £125m to £170m.” The total number… Read More