Tagged: digital technology

May 14, 2025 @ 8:32 am By Omar Faridi  |  

Prove Identity, a global enabler of digital identity solutions, is providing tools to enhance security, streamline user experiences, and ensure compliance across borders. Recent updates from Prove highlight their partnerships, advancements in passwordless authentication, and expertise in navigating global compliance, positioning them as a partner… Read More

May 12, 2025 @ 3:43 pm By Omar Faridi  |  

OX Security, a firm specializing in Application Security, announced $60 million in Series B funding. The latest investment round was led by DTCP, with participation from the following: IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. The company, which enables organizations to focus… Read More

May 8, 2025 @ 3:15 pm By Omar Faridi  |  

intelliflo redblack announced that Focus Financial Partners Inc. has adopted intelliflo redblack as a trade and rebalance technology solution, extending its capabilities across the organization’s firms. Focus Financial Partners is an ‘interdependent partnership of wealth management, business management, and related financial services firms.” intelliflo redblack… Read More

May 7, 2025 @ 7:57 am By Omar Faridi  |  

Employer.com has recently announced its strategic acquisition of Fintech startup MainStreet.com for an undisclosed sum. This acquisition marks the latest chapter in Employer.com’s ongoing strategy to bolster its technological capabilities and expand its footprint in the financial technology sector. The deal, finalized recently, underscores the… Read More

May 6, 2025 @ 5:03 pm By Omar Faridi  |  

In a step toward prioritizing user privacy, Google has announced the integration of zero-knowledge proof (ZKP) technology into its Google Wallet platform. This cryptographic solution aims to enhance digital identity verification by allowing users to prove specific attributes, such as age, without disclosing sensitive personal… Read More

May 3, 2025 @ 10:56 am By Omar Faridi  |  

World Network—formerly Worldcoin—has unveiled several updates that signal a new era for digital identity, finance, and online trust. With its recent U.S. launch, the introduction of the World Card, and a renewed focus on distinguishing humans from bots in an AI-driven world, World Network is… Read More

May 1, 2025 @ 11:02 am By Omar Faridi  |  

Experian announced the expansion of its Experian Marketplace portfolio with the addition of Root Insurance, a technology company powering insurance solutions. This partnership gives consumers another carrier option “for affordable and personalized car insurance with a streamlined shopping experience.” Consumers who choose Root Insurance will… Read More

April 30, 2025 @ 8:10 am By Omar Faridi  |  

The Q1 2025 Global M&A Report from PitchBook provides a comprehensive analysis of the mergers and acquisitions (M&A) market, highlighting key trends, challenges, and opportunities shaping the global landscape. Despite ongoing macroeconomic uncertainties, the report from PitchBook reveals a market demonstrating resilience, with strategic dealmaking… Read More

April 26, 2025 @ 12:59 pm By Omar Faridi  |  

CrossCountry Mortgage, the distributed retail mortgage lender, and Blend, an origination platform for digital banking solutions, announced an expanded partnership aimed at driving innovation for independent mortgage banks (IMBs). As part of this collaboration, the two companies are “introducing new solutions that enhance the Blend… Read More

April 25, 2025 @ 4:13 am By Omar Faridi  |  

World, the human-centered financial and identity network, is reportedly a global network of 12,185,058 “real humans.” According to a blog post by World, more than 1500 Orbs “currently live in the field to verify unique humanness across 23 countries.” As with any network, its developers… Read More

April 24, 2025 @ 2:06 pm By Omar Faridi  |  

Kaspersky has revealed findings from its research, stating that 73% of cybersecurity professionals regard Cyber Immunity as an effective strategy for minimizing the “capabilities of cybercriminals to penetrate networks and compromise systems.” These insights indicate a growing demand for developing secure by design systems “instead… Read More

April 24, 2025 @ 12:25 pm By Omar Faridi  |  

Jumio, the provider of automated, AI-driven biometric identity verification, risk signals and compliance solutions, announced general availability of Cross-Transaction Risk, which helps businesses “proactively detect fraud by connecting identity elements across the Jumio network.” A key capability within the Jumio Identity Reputation suite, Cross-Transaction Risk… Read More

April 21, 2025 @ 1:40 pm By Omar Faridi  |  

In a new report, KPMG has explored the evolving landscape of private company investments, highlighting key drivers such as financial performance, technological advancements, and rigorous governance practices. Addressing investor concerns regarding overvaluation, economic volatility, and cybersecurity threats, the research study shared by KPMG provides insights… Read More

April 20, 2025 @ 9:52 pm By Omar Faridi  |  

Swift announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to “identify and resolve issues when international payments are delayed.” Financial institutions spend more than $1.6 billion each year… Read More

April 20, 2025 @ 9:06 pm By Omar Faridi  |  

Digital identity is transforming how individuals interact with online systems, offering a secure, reusable way to verify who they are. According to a Juniper Research whitepaper, digital identity is defined as a digital representation of an entity, encompassing identifying data, events, or assurance signals. In… Read More

April 14, 2025 @ 9:08 pm By Omar Faridi  |  

A research paper from ThruHQ, entitled, “Egyptian B2B directory” unveils what appears tobe a “significant disconnect” in Egypt’s online business-to-business sector. The latest research findings, which are said to be derived from the curation of ThruHQ‘s initial batch of listings, indicate that while “95% of… Read More

April 7, 2025 @ 10:03 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., unveiled key updates focused on enhancing its digital sales and services platform. The Alkami Digital Sales & Service Platform will allow financial institutions to onboard, engage, and “grow… Read More

April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

March 27, 2025 @ 9:49 am By Omar Faridi  |  

Equifax (NYSE: EFX) has launched a new solution, The WorkNumber Report Indicator, enabled by the Equifax Cloud to empower lenders by delivering a  Equifax credit report with an indicator of “employment status earlier in the mortgage qualification process.” The current lending environment requires a fuller view… Read More