Tagged: digital technology

Archax, BondEvalue to Deliver Solutions for Trading of Fractional Fixed Income Products

Archax and BondEvalue have announced a strategic partnership “to deliver digital solutions for the ownership, trading and custody of fractional fixed income products using blockchain technology.” Archax, which claims to be the “first” and only Financial Conduct Authority (FCA)-regulated digital securities exchange, broker and custodian,… Read More

PNC Bank Partners with Blend, a Provider of Cloud Banking Software

PNC Bank (NYSE: PNC) recently announced a strategic partnership with Blend (NYSE:BLND), a provider of cloud banking software, in order “to digitally optimize the company’s end-to-end online mortgage application process for an improved customer experience.” Peter McCarthy, PNC executive vice president and head of Mortgage, said:… Read More

Algorand, Artory Announce Art Collaborations

This month, Artory announced two major projects that deliver the benefits of the Algorand Blockchain to the traditional art market: the blockchain registration of Provenance Revealed: Galerie Steinitz in partnership with Christie’s and the launch of “a diversified and tokenized art fund which will secure… Read More

Account Takeover Fraud Is Now an Increasingly Common Online Crime: Report

Account takeover fraud is an alarmingly common type of online crime, which can “affect businesses and individuals alike,” according to an update from SEON. This form of attack tends “to occur when a fraudster poses as an established, genuine client of a business, or as… Read More

Thought Machine, Trade Ledger Provide Cloud-Native Infrastructure for Corporate Lenders

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, “to provide a fully integrated technology stack for commercial lenders and banks.” API-driven data exchange between the two companies will… Read More

Quantum Computing: DTCC Releases Whitepaper Highlighting Quantum Security Risks

As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential “to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems… Read More

Assure, satschel to Enhance Financial Systems Infrastructure

Assure, the platform for Special Purpose Vehicles (SPVs), and satschel, a comprehensive compliance company that aims to modernize financial systems using Web3 technologies, announced a bilateral partnership to enhance “the financial infrastructure of private markets.” Traditionally, private markets “are opaque, illiquid, and behave differently from… Read More

Vivian Health Announces Agreement with Lume, a Banking Platform

Vivian Health, an IAC (NASDAQ: IAC) company and the leading healthcare jobs marketplace serving healthcare professionals first, announced an agreement with Lume, a banking platform for healthcare workers, which “allows Vivian to leverage Lume’s technology to create new banking and financial services for the more… Read More

Digital Agreements Security Firm OneSpan Introduces Virtual Room Supporting Secure Face-to-Face Transactions

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced the general availability of its secure Virtual Room cloud service which “enables organizations to deliver live, high-touch assistance to their customers in a high-assurance virtual environment.” This next-generation customer engagement solution “gives organizations the ability to balance… Read More

Reltime, Triskel Capital Form Web3, Metaverse Partnership in Latin America

Reltime AS, which claims to be “disruptive” global Web3 and Metaverse financial technology company, and Triskel Capital Ltd. have entered into a long-term strategic partnership “to change the way people and businesses in Latin America financially interact and transact.” Together with Reltime as its “next-generation”… Read More

Emirates NBD Introduces Digital Payment Solutions for ENOC Group

ENOC Group has accelerated its digitization strategy through a collaboration with Emirates NBD, a banking group in the MENA region (and Turkey), in order “to implement innovative payment solutions.” ENOC Group has “successfully implemented Emirates NBD’s Host to Host (H2H) services for payments and account… Read More

Digital Identity Firm IDnow Joins [email protected] to Enhance Air Travel Services

IDnow, a European identity proofing platform provider, is pleased to announce its participation in the International Air Transport Association’s (IATA) [email protected] 2022 accelerator program. IDnow is working with IATA and its members, “providing expertise and regulatory know-how in the field of identity proofing and digital… Read More

NCR, a Tech Provider to Banking Institutions, to Separate Into Two Independent Firms

NCR Corporation (NYSE: NCR), an enterprise technology provider to banks, retailers and restaurants, announced its Board of Directors has unanimously “approved a plan to separate NCR into two independent, publicly traded companies – one focused on digital commerce, the other on ATMs.” The separation is… Read More

Robinsons Bank Selects BPC to Drive Financial Inclusion Across the Philippines

Robinsons Bank (RBank), owned by JG Summit Holdings, Inc., one of the Philippines’ largest and most diversified conglomerates, announced that it has chosen BPC as its solution partner to co-innovate, “to drive financial inclusion and digital adoption across the nation.” Using BPC’s SmartVista Platform, RBank… Read More

CaixaBank Selected by ECB to Collaborate in Prototyping Digital Euro

The European Central Bank (ECB) has selected CaixaBank and four other organizations to collaborate in the development “a prototype of a digital euro.” The institution launched a call with the aim of “selecting entities to develop technology projects associated with the creation of the European… Read More

Bank of Russia Launches Digital Ruble Testing, Completes First Transfers between Individuals

The Bank of Russia and market participants “launched the testing of the digital ruble platform and successfully completed the first digital ruble transfers between individuals.” The creation of a prototype of the digital ruble platform was “finished in December 2021.” Twelve banks announced their readiness… Read More

BBVA Switzerland’s New Gen Acct Boosts Its Global Expansion via Digital Onboarding

BBVA New Gen, the investment product offered by the Group’s Swiss franchise, has completed its first year of existence. In a move to streamline the onboarding process, the bank now “lets prospective customers sign up online just by uploading a ‘selfie’, after which their identity… Read More

BankID Expands Digital Identity Protection with OneSpan

OneSpan (NASDAQ: OSPN), the digital agreements security company, announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already “reached a multi-million user milestone that is expected to continue growing as BankID’s technology… Read More

Metaverse to Enable Web3 Use-Cases like Digital Real Estate, Art, Digital Collectibles: Report

CryptoKitties was arguably the first project to bring NFTs into the mainstream, the team at Juniper Research noted in a comprehensive report. Launched in 2017, CryptoKitties featured an on-chain game “enabling users to breed digital cats together to produce new cats of differing rarity and… Read More

Franklin Templeton Introduces Metaverse ETF, Tracking Solactive Global Metaverse Innovation Index

The metaverse is a virtual shared space “created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet,” according to an update from Solactive. The firm further notes that it… Read More

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