Tagged: data

September 5, 2024 @ 6:58 pm By Omar Faridi  |  

L&G has reportedly selected Moneyhub to power its Qualifying Pensions Dashboard Service Legal & General’s pensions dashboard will leverage Moneyhub’s Open Finance technology to improve experience “for the provider’s 5.3 million DC members, with easy access to all their pensions data in one place.” The… Read More

August 25, 2024 @ 6:14 am By Omar Faridi  |  

Workday, Inc. (NASDAQ: WDAY), a provider of solutions to help organizations manage their people and money, and Equifax (NYSE: EFX), a global data, analytics and technology company, today announced a partnership to help make employment and income verifications for Workday customers’ employees easier and faster… Read More

August 18, 2024 @ 11:53 pm By Omar Faridi  |  

According to the Bank of Ireland fraud data for the first half of 2024, the volume of investment fraud attempts has surged by 76% compared to the same period in 2023. Investment fraud happens when fraudsters, “posing as legitimate firms, offer consumers investment opportunities on… Read More

August 17, 2024 @ 3:04 pm By Omar Faridi  |  

Communify, a Just Build It (JBI) company led by the former founders of InvestCloud, in partnership with Stellex Capital Management, will be combined with Fincentric (formerly known as Markit On Demand), a provider of digital experiences, curating financial data distribution and other solutions, which was… Read More

August 8, 2024 @ 5:01 am By Omar Faridi  |  

TransUnion (NYSE: TRU) announced its partnership with Snowflake, the AI Data Cloud company, to launch TruIQTM Data Enrichment on Snowflake Marketplace. TruIQ Data Enrichment’s availability on Snowflake Marketplace will “provide joint customers with unlimited, on-demand access to pseudonymized TransUnion credit data in the Snowflake AI… Read More

August 4, 2024 @ 4:15 pm By Omar Faridi  |  

Preqin, the global firm focused on providing alternatives data and insight, released its Real Estate Q2 2024: Preqin Quarterly Update report. The report shows that aggregate real estate fundraising “increased by $0.6bn in Q2 2024 to $33bn from $32.4bn in Q1 2024, showing a continued… Read More

August 1, 2024 @ 8:28 pm By Omar Faridi  |  

Accenture (NYSE: ACN) and SandboxAQ are expanding their partnership to address the critical need for enterprise data encryption that can defend against current data breaches, as well as future AI and quantum threats. Together, Accenture and SandboxAQ are “helping organizations secure sensitive data and strengthen… Read More

July 30, 2024 @ 5:02 pm By Omar Faridi  |  

In a strategic move to extend its global footprint, Toss Securities, a securities firm with a data-driven investment platform based in South Korea, is set to establish a new corporate office in the United States. Toss Securities is a subsidiary of the South Korean Fintech,… Read More

July 28, 2024 @ 9:24 pm By Omar Faridi  |  

Late payments to UK small businesses surged over the last three months, with payments delayed by more than a week on average, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform. Payments to small businesses were “made… Read More

July 28, 2024 @ 8:19 pm By Omar Faridi  |  

The Ireland card payments market is forecast to grow by 5.4% to reach EUR95.2 billion ($102.9 billion) in 2024, supported by growing consumer preference for electronic payments, forecasts GlobalData, a data and analytics company. GlobalData’s Payment Cards Analytics reveals “that card payment value in Ireland… Read More

July 25, 2024 @ 4:05 pm By Omar Faridi  |  

Global small business platform, Xero, released its quarterly Xero Small Business Insights (XSBI) report for Canada, based on data from January to March 2024. The update showed incremental “improvements for the sector across sales growth, late payments and time-to-paid metrics, a signal that Canada‘s small… Read More

July 25, 2024 @ 12:52 pm By Omar Faridi  |  

Bitcoin miners are reportedly shifting towards HPC and AI data business models, according to an update shared by Compass Mining. As noted in a blog post by Compass Mining, Bitcoin miners are now “diversifying into high-performance computing (HPC) and artificial intelligence (AI) data business models… Read More

July 21, 2024 @ 7:06 pm By Omar Faridi  |  

9Spokes, a global data platform, announced the launch of its new Cashflow forecasting product, a tool designed for integration within the digital platforms of financial organizations. This offering provides small and medium-sized businesses (SMBs) with “automated, predictive cashflow management and forecasting capabilities.” A recent study… Read More

July 14, 2024 @ 8:45 pm By Omar Faridi  |  

Envestnet, Inc. (NYSE: ENV), a provider of integrated technology, intelligent data and wealth solutions, announced that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the company at $4.5 billion ($63.15 per share). Reverence Capital also agreed… Read More

July 11, 2024 @ 8:31 am By Omar Faridi  |  

Data generated by Pitchbook and posted by Innovate Finance, a UK-based group that supports the Fintech community, highlights global Fintech funding trends in the first half of 2024. The data includes both equity and debt funding raises. Fintech has been a significant success story “for… Read More

July 5, 2024 @ 11:36 am By Omar Faridi  |  

A California bankruptcy Judge has reportedly issued a warning to MongoDB, a database company, against deleting sensitive customer data. Ongoing efforts to give back millions to clients currently locked out of their Fintech apps are now linked to a heated dispute between Fintech platform Synapse… Read More

July 4, 2024 @ 10:21 am By Omar Faridi  |  

Chainlink announced a collaboration with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. In this landmark production use case for tokenized assets, the collaboration provides transparency and accessibility “around key asset data for Sygnum’s recently issued onchain representation of Fidelity International’s… Read More

July 3, 2024 @ 8:59 am By Omar Faridi  |  

Carta has released their First Cut—State of Private Markets: Q2 2024. Initial data from Q2 2024 reportedly “shows modest increases in median valuation and round size across much of the U.S. venture ecosystem.” Every quarter, Carta releases the latest information on the startup ecosystem in… Read More

June 28, 2024 @ 5:43 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside Asia, announced on the results of the seventh edition of Nubank Data, this time with the theme Financial Health and Well-Being: Access Beyond Credit. The study focuses on the journey… Read More

June 28, 2024 @ 5:23 pm By Omar Faridi  |  

The Celo Foundation is partnering with EigenLayer to integrate the off-chain data availability layer, EigenDA, into the forthcoming Celo Ethereum Layer-2. Initially launched as an EVM-compatible standalone blockchain on Earth Day 2020, core contributors cLabs proposed “bringing the network home to Ethereum during EthCC 2023.”… Read More