Tagged: Digital Economy

CoinDCX Reinforces its Goal to Expand the Web3 Ecosystem in India, with CoinDCX Ventures

web3

CoinDCX, which claims to be one of India’s largest and “most valuable” crypto companies, recently announced the launch of CoinDCX Ventures, which is described as an investment initiative funding early-stage crypto and blockchain startups, “bolstering India’s digital asset ecosystem and accelerating the transformation of India’s… Read More

Pantera Leads $5M Round in MetaLend, Supporting Web2 Veterans Building Bank for Digital Economy

NFT Non Fungible Token

MetaLend, the bank for the new digital economy, recently announced the closing of a $5 million seed round of financing, “led by Pantera Capital.” MetaLend’s investment round also included contributions from Collab+Currency, investor and board member of Sky Mavis; Ancient8, Vietnam’s largest gaming guild, and… Read More

Financial Benefits Platform Lean Partners with Flywheel, a Bay Area Taxi Platform

Traffic Taxi Street City San Francisco

Lean, the financial benefits platform designed for the independent workforce, has announced its partnership with Bay Area taxi platform, Flywheel. Via this partnership, Flywheel taxi drivers will have “access to Lean’s financial benefits for its fleet of drivers, including no-fee instant payouts and access to… Read More

Checkout.com Issuer Outreach Team Is Minimizing Payments Failure in Saudi Arabia

Saudi Arabia Money

Saudi Arabia is one of the most vibrant and dynamic nations. And as part of its Vision 2030 plan, the country’s government has “set ambitious goals to digitize and transform its economy.” At Checkout.com, they have the privilege of “being an active participant in accelerating… Read More

Gemini CTO Pravjit Tiwana Comments on Building the Future of Web 3.0

Fortune Cookie Golden Investments Ahead Future

At the beginning of 2022, Gemini had welcomed their CTO, Pravjit Tiwana, who joined them from Amazon Web Services (AWS). Pravjit is responsible for leading Gemini’s Engineering, Product, and Information Security teams, with “a vision of building customer-centric innovative products that harness the opportunities of… Read More

Fraudulent Attacks are Increasing Due to Rise in Digital Ad Spend: Juniper Research

Bernie Madoff 5 Dollars Money Trust Me Not Fraud

Juniper Research reveals in a recent update that the digital advertising market has reached maturity, after having originated back in 1994. But the Juniper Research team also notes that the rise of new online platforms and innovative tech seems to have energized the world of… Read More

Digital Identity Verification Firm Trulioo Announces New Banking Industry Clients

Old Building Bank USA

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

Fintech Airwallex CEO Jack Zhang Shares 2021 Highlights, Reveals 2022 Plans and Strategy

Azrieli Center Tel Aviv Israel

Jack Zhang, the Co-founder and CEO at Fintech Airwallex, notes that in the past year, they continued on their journey to build one of the biggest international financial infrastructures by expanding their platform capabilities and geographic presence. Zhang writes in a blog post that Airwallex… Read More

Digital Identity Verification Firm Trulioo Shares Common Use-Cases for ID Verification

Magnify Inspect emiliano vittoriosi unsplash

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

A Clear Divide Exists Between High-Income and Emerging Economies in Attitude Towards AI, World Economic Forum Reports

AI Face Digital ID Artificial Intelligence

A recent survey highlights a “clear divide” between high-income and emerging economies in “attitudes” toward artificial intelligence (AI), with “optimism” considerably higher in emerging economies. Those in emerging economies noted that they are “more familiar with AI tools and products than those in developed economies.”… Read More

Singapore Now Home to Over 370 PE and VC Managers, as Digital Economy and Embedded Finance Become Widely Adopted

Marina Promenade Singapore

Mr Leong Sing Chiong, Deputy MD at the Monetary Authority of Singapore (MAS), noted (during the annual IBF Distinction Evening program) that every year, the financial services industry gathers to “recognize those who have reached the pinnacle of their professions, and those who have contributed significantly… Read More

Digital Transformation: Bank Indonesia Introduces Fast Payment System to Accelerate Digitalization

Indonesia flag anggit rizkianto unsplash

Bank Indonesia has introduced the Bank Indonesia Fast Payment (BI-FAST) system virtually, entitled “Payment System Digital Transformation to Accelerate National Economic Recovery.” BI-FAST is described as a payment system infrastructure offered by Bank Indonesia and accessible via applications offered by the payment system industry “to… Read More

Singapore Insurtech Gigacover to Expand Operations into the Philippines

Asia Singapore

Gigacover, a Singapore-headquartered Fintech firm that offers gig workers with access to employment/worker benefits, has announced that it’s expanding its operations into the Philippines, which has a 1.5 million+ informal workforce. Gigacover provides freelancer workers with special incentives associated with maintaining regular employment. In statements… Read More

Binance NFT Claims It Has Become Largest Centralized NFT Gaming Platform: Report

Huge

Video games, the Metaverse and NFTs are all becoming increasingly popular in the digital age. Binance NFT claims it has become the largest centralized NFT gaming platform. Since June of this year, Binance NFT has become one of the largest centralized NFT gaming marketplace, onboarding… Read More

Republic of North Macedonia Introduces National Digital ID Program with Assistance from Mastercard

Mastercard Credit Cards

The Republic of North Macedonia has introduced its National Digital Identity Service – with assistance from Mastercard (NYSE: MA) – in order to support the nation’s fast-evolving digital economy. The partnership between Mastercard and the Macedonian Ministry of Information Society and Administration (MISA) – first… Read More

ID Verification Platform Trulioo Reports that 87% of Compliance Professionals Say Digital Identity More Important Now Following COVID Outbreak

Moose Covid Mask Canada

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

Digital Asset Platform Rally Commits $12M to Third-Party Dev Ecosystem so Creators can Launch Crypto-Enabled Economies

50 Dollars Grant Money Cash Spend Pay

Rally, a cryptocurrency platform for creators, announced that it is committing around $12 million in $RLY tokens from its “community-approved” budget to third-party developer grants in order to expand the functionality of social tokens and NFTs “purchased by fans from their favorite creators on the… Read More

Stefany Rojas: Head of Business Development at Kahuna Explains Benefits of Using their Blockchain based Social Media Network

Kings Cross Train Station Lond England the Crowd

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

Vottun to Create Payment Service via Spanish Regulatory Sandbox with Assistance from PwC, Stellar Development Foundation

Barcelona Spain idan gil unsplash

Earlier this year, the Central Bank of Spain (BdE), the Monetary Authority of Spain (Comisión Nacional de Mercados y Valores – CNMV), and Directorate-General for Insurance and Pension Funds (DGSFP) had revealed that that Spanish firm Vottun had been chosen to take part in the… Read More

Derek Lau: Game Director at Guild of Guardians Explains how They Use NFTs to Provide Real Value-Driven Tangibility of In-Game Items

Cleveland Guardian

We recently caught up with Derek Lau, Game Director at Guild of Guardians, which is one of the partner games of Yield Guild Games (YGG). Guild of Guardians is a blockchain or distributed ledger tech (DLT)-based mobile role-playing game (RPG) that has been published by… Read More

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