Global

June 14, 2021 @ 8:03 am By Omar Faridi  |  

From startup to a business reporting €2 million in turnover and over a 62% growth when compared with the situation before the COVID-19 outbreak, Ultroneo, the Fintech firm which introduced the GetYourBill solution for instant digital invoicing, is now preparing to branch out into foreign… Read More

June 14, 2021 @ 7:55 am By Omar Faridi  |  

Trust Payments, the multinational unified payments group, has teamed up with Zip, the first Buy Now, Pay Later (BNPL) service to join its diverse network of payment partners. The agreement means that merchants based in the UK that are using Trust Payments’ platform may provide… Read More

June 13, 2021 @ 6:17 pm By Omar Faridi  |  

The team at Lithuania’s Debitum, which offers borderless SME financing services, notes that another month has passed and they would like to provide a platform update for May 2021. Debitum’s management writes in a blog post that they’re pleased to report the positive sentiments in the… Read More

June 12, 2021 @ 7:21 pm By Omar Faridi  |  

Mastercard (NYSE: MA) revealed on Friday (June 11, 2021) that it has finalized its acquisition of Ekata, a provider of identity verification services that assist companies or businesses with making informed decisions when opening online accounts, conducting payments and handling various other digital interactions. Ajay… Read More

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

June 12, 2021 @ 10:42 am By Omar Faridi  |  

The Bank for International Settlements (BIS) and the Bank of England (BoE) revealed on June 11, 2021, that they’ve introduced the BIS Innovation Hub London Centre, which is notably the fourth Innovation Hub Centre to have been launched in the last couple years. The BIS… Read More

June 11, 2021 @ 7:13 pm By Tony Zerucha  |  

Staking pool protocol provider Moonstake has entered a partnership with Uzbekistan government-approved cryptocurrency exchange UzNEX. It is the latest blockchain-based agreement coming out of Eastern Europe, an area gaining a solid foothold in this new economy. The new partners will work together on developing blockchain-focused… Read More

June 11, 2021 @ 7:00 pm By Tony Zerucha  |  

Big changes will continue to hit business travel, a report from GlobalData suggests. Over the past 18 months, international business travel plummeted 75 per cent, with domestic travel down 56 per cent. The lost billions in revenue, combined with changing attitudes on the necessity of… Read More

June 11, 2021 @ 3:09 pm By Tony Zerucha  |  

Results unveiled this week by ESET Research have shed light on a previously secretive cyber-espionage group targeting select entities throughout East Asia and the Middle East. For the past year, ESET Research has studied multiple attacks it now attributes to the group Gelsemium and has… Read More

June 11, 2021 @ 2:17 pm By Omar Faridi  |  

Singapore-based Zilliqa Research Pte. Ltd., the “high” security, high speed, and low fee Layer 1 blockchain protocol firm, and its sister company Zilliqa Capital Pte. Ltd, the tech firm whose goal is to become the “central business and investment hub” for Zilliqa, recently announced that… Read More

June 11, 2021 @ 12:57 pm By Omar Faridi  |  

Luxembourg-based Fintech Finologee has reportedly created a hosted system that offers API end-points in order to automate payments and support secure web interfaces which improve workflows and data visualization while establishing a direct connection to the SWIFT network. The product’s development has been supported by… Read More

June 11, 2021 @ 11:53 am By Omar Faridi  |  

Osome, a three-year-old Super App that digitizes accounting and compliance services for small businesses, has secured $16 million through a Series A round that received contributions from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, and Peng T. Ong (who joined… Read More

June 11, 2021 @ 11:25 am By Omar Faridi  |  

We recently connected with Justin Giudici, Head of Product at the Telos Foundation, which supports the development of Telos (TLOS), a high-performance blockchain that has evolved into one of the most promising crypto-focused platforms in the digital assets space. Guidici talked about what makes Telos… Read More

June 11, 2021 @ 9:48 am By JD Alois  |  

Recently El Salvador announced its intent to adopt Bitcoin as legal tender in the country. The legions of crypto supporters rapidly embraced the move while detractors grumbled that transacting in Bitcoin is a slow and costly process that makes little sense as a currency for… Read More

June 11, 2021 @ 8:27 am By Omar Faridi  |  

London-based TreasurySpring, the operator of a fixed-term fund platform, has secured $10 million in capital through a funding round that was led by MMC Ventures and the Anthemis Group. As noted by its management: “TreasurySpring is a financial technology company that is unlocking multi-trillion dollar… Read More

June 11, 2021 @ 8:05 am By Omar Faridi  |  

The Global Blockchain Business Council (GBBC), an established global industry association for the blockchain or distributed ledger tech (DLT) ecosystem, announced on Thursday (June 10, 2021) that Yuval Rooz, Co-Founder and CEO at Digital Asset, has been appointed to join its Board of Directors. As… Read More

June 11, 2021 @ 8:00 am By Omar Faridi  |  

VTB Bank (FRA: KYM1) has entered into an agreement with the Federal Tax Service of Russia in order to introduce a service for providing a qualified electronic signature (QES) via a physical medium. The pilot initiative will begin in Moscow and St. Petersburg for the banking… Read More

June 10, 2021 @ 8:26 pm By Omar Faridi  |  

IT services firm Nityo Infotech has reportedly invested $100 million in Singapore-based Fintech company MatchMove Pay in exchange for an equity stake. Nityo is now the largest shareholder in MatchMove. Nityo‘s management noted that they value the company at $500 million pre-money and $600 million… Read More

June 10, 2021 @ 8:23 pm By Omar Faridi  |  

Singapore‘s United Overseas Bank (UOB), a multinational banking organization with branches mostly based in Southeast Asian countries, has announced that it’s piloting the use of Government Technology Agency’s (GovTech) “Sign with Singpass” where a client’s digital signature is used to complete transactions or access product… Read More

June 10, 2021 @ 6:38 pm By Omar Faridi  |  

Active.Ai, a conversational AI platform developed for financial services, and Glia, a provider of digital customer service, have teamed up in order to empower financial institutions with meeting their customers in the digital domain. Through the partnership, Active.ai and Glia will provide conversational AI services,… Read More