Tagged: Digital Economy

DLT Adoption: SafeTech Labs Deploys Thor Mainnet Node Clusters in Europe, US, Supporting VechainThor Blockchain

Vechain’s mission is building robust foundational blockchain infrastructure and driving Web3 adoption throughout the global economy. According to a blog post, achieving this “demands a resilient network with reliable accessibility for developers and enterprises building decentralized solutions.” The team says it is pleased to share… Read More

DLT, Web3: IOTA to Support DeFi Ecosystem with ShimmerEVM Test Chain Launch

IOTA, the non-profit organization driving the development of an open, feeless, and highly scalable distributed ledger technology (DLT) for Web3 applications and digital economies, announces the launch of the ShimmerEVM test chain on the Shimmer testnet. With IOTA launching its incentivized staging network Shimmer last… Read More

Worldline Makes it Easier for Firms to Explore the Metaverse

Worldline [Euronext: WLN], which claims to be a global leader in payment services, enables merchants, banks and service providers to easily enter the Metaverse. In the future, the Metaverse will be “another retail commerce channel alongside POS and e-commerce.” McKinsey estimates “the global market volume… Read More

Digital Payments Now Preferred by Majority of Consumers, Onbe Survey Reveals

Onbe, a corporate disbursements platform, published its 2023 Future of Payments Survey, finding that digital payments continue “to drive US consumer preferences in today’s connected economy.” 70% of respondents prefer “to receive payments digitally and 73% prefer to shop and pay with digital methods, including… Read More

London-based Green Fintech ekko Is Preparing for Sustained Growth

London-based, green Fintech ekko is gearing up for a year of “sustained growth.” The company revealed “a series of unique product updates, and has opened up its service to employers, banks and payment providers for the first time.” These announcements come ahead of “the imminent… Read More

Banking Institutions Should Secure Role in Digital Identity: Report

A report published by Mobey Forum’s Digital Identity Expert Group has identified unique opportunities for banks “to leverage their position as custodians of personal data to offer value-added digital identity services and become brokers of trust in the digital economy.” The report suggests “that for… Read More

Mastercard Announces Web3 Program to Develop Emerging Musical Artists in Digital Economy

The Mastercard Artist Accelerator will harness Web3 technologies on the Polygon blockchain, “forging new territory by connecting artists with mentors and fans in an exclusive development program” Mastercard (NYSE: MA) extended its growing music footprint “with the launch of the Web3-based Mastercard Artist Accelerator program.”… Read More

MENA Region Digital Transformation Report: Economy Is Evolving Rapidly, Embracing Fintech Solutions

Checkout.com releases the second phase of its Digital Transformation in MENA 2022 report. Following the launch of part one last month – which included insights from 15,000 consumers in the region – the next chapter “interviews businesses and their leaders at the forefront of the… Read More

Wio Bank, Mambu Bring Virtual Banking Services to the UAE

Mambu’s cloud-native banking platform enables Wio Bank “to achieve a faster time to market as it helps establish the UAE as a hub for the growing digital economy.” Wio Bank provides access “to banking and business support services in a fast, convenient and fully digital… Read More

Digital Asset Infrastructure Firm CANVAS Launches L2 Scaling Solution for “Gasless” DeFi Transactions

CANVAS, a DeFi infrastructure company, is pleased to announce the testnet launch of CANVAS Connect, the Layer 2 scaling solution “built for the digital economy.” CANVAS Connect was “built in partnership with StarkWare, using the company’s STARK Proofs to batch DeFi transactions.” The new service… Read More

Visa Program Unlocks Opportunities in Creator Economy

Creators are driving a “revolution” in digital commerce and culture – producing content that entertains, engages, and “educates online communities in powerful new ways.” To serve this growing category of small business, Visa (NYSE: V) announced “the launch of the Visa Ready Creator Commerce program.”… Read More

Talenthouse Acquires Coolabi to Deepen Creative Proposition within IP Space

Since Talenthouse completed the acquisition of Coolabi which covers several markets including UK, US and China, both businesses are working together “to deepen Talenthouse’s proposition within the Creator Economy space and diversify its offering amidst an unsteady market.” With market conditions looking to continue in… Read More

Atomic, Hydrogen to Help Workers Tackle Financial Stress with Personal Finance Platform

Atomic, the provider of payroll connectivity is announcing today its partnership with Hydrogen, a Fintech platform that “enables businesses to quickly launch white label debit cards with no coding and one, all-inclusive platform.” By partnering with Atomic, Hydrogen “enables organizations to seamlessly integrate payroll connectivity… Read More

Tamas Kadar: CEO at SEON Comments on Fraud in the Metaverse, Latest NFT, Fintech Trends

We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More

Digital Banking: Wio Bank PJSC Launches in the UAE

Wio Bank PJSC announced its official launch in the UAE, “becoming the first platform bank in the region, aiming to transform banking operating models towards a more digital future.” This is in line with the UAE’s Digital Economy Strategy that aims “to double the contribution… Read More

Ajman Bank to Introduce Mastercard Touch Card, Driving Inclusion across UAE

Mastercard (NYSE: MA) and Ajman Bank have strengthened their commitment to inclusion through a new initiative “designed to expand access to the digital economy.” The Touch Card is “an accessible payment card that will allow blind and partially sighted people to easily facilitate payments and… Read More

Emirates NBD to Support Metaverse Startup Accelerator

Emirates NBD, a banking group in the MENA region an Turkey, has launched a global accelerator program for metaverse start-ups “to enhance customer experience for the new virtual economy, in partnership with the Dubai International Financial Centre (DIFC) Fintech Hive, the largest financial technology hub… Read More

Zimpler, Gigapay to Offer Instant Payouts for Digital Content Creators

Zimpler, a Fintech company based in Sweden, has partnered with Fintech startup Gigapay in order to offer content creators with a seamless payout management system. Gigapay was reportedly the first to accommodate freelancers without a registered firm and now thanks to their collaboration with Zimpler,… Read More

CBA Establishes Melbourne Tech Hub with University Partnerships

Commonwealth Bank has unveiled its latest technology hub designed “to support more than 400 software developers, cloud engineers and cyber specialists in the Melbourne CBD and help create new opportunities for Victoria’s expanding digital economy workforce.” The hub, based in the heart of Melbourne’s central… Read More

ShareRing, a Digital Identity Blockchain Ecosystem, to Enhance Privacy, Security for Web3 Consumers

ShareRing’s purpose is to remove “friction” throughout the world, and digital identities is a vehicle that can “help accomplish this.” Tim Bos, CEO at ShareRing, stated: “Over the years, there’s been a trend for large companies to host more and more data about you in… Read More

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