Tagged: digital technology

July 30, 2023 @ 8:59 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation technology company, announced that it has entered into a strategic partnership with BeSmartee, a digital mortgage solution development company, in order “to offer a cost effective and efficient solution for mortgage and home equity origination property valuations.” Clear… Read More

July 29, 2023 @ 4:42 pm By Omar Faridi  |  

EDX Markets, which claims to be a “first-of-its-kind” digital asset exchange that enables safe and compliant trading of digital assets through trusted intermediaries, has integrated with Talos, the provider of institutional trading technology for digital assets. This collaboration will enable EDX Markets “to leverage Talos’… Read More

July 29, 2023 @ 11:20 am By Omar Faridi  |  

eToro, the multi-asset investing platform, has announced that on 29 June 2023 the Bank of Spain has “approved the registration of eToro as a service provider of exchange of virtual currency for fiat currency and electronic wallet custody services.” Tali Salomon, eToro’s Regional Manager for… Read More

July 27, 2023 @ 8:24 pm By Omar Faridi  |  

Q-CTRL, a global firm focused on developing useful quantum technologies through quantum control infrastructure software, announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million USD. Morpheus Ventures, “known for its expertise in… Read More

July 27, 2023 @ 4:28 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced that insurance policy owners will soon have online options to nominate their beneficiaries. Amendments have been “made to the Insurance (Nomination of Beneficiaries) Regulations 2009, to enable insurers to provide these options from 2 January 2024.” The process… Read More

July 26, 2023 @ 10:30 pm By Omar Faridi  |  

CertiK has successfully completed the formal verification of HyperEnclave, an innovative open and cross-platform Trusted Execution Environment (TEE) from Ant Group’s Trust Native Technology team. This marks the first time in the industry that such “an in-depth formal verification process has been completed for a… Read More

July 26, 2023 @ 8:46 pm By Omar Faridi  |  

Embroker, the digital platform making it radically simple to get business insurance, today announced strategic partnerships with Dashlane, a security-first password management provider, and Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs). With these, Embroker increases customer security through Dashlane’s… Read More

July 26, 2023 @ 10:53 am By Omar Faridi  |  

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined portion of their computational mining power, then sells the mined coins to repay… Read More

July 24, 2023 @ 11:46 pm By Omar Faridi  |  

Yokoy, a provider of an AI-powered spend management suite, is setting new standards in invoice management with its strategic partnership with Pagero, a platform provider for globally compliant e-invoicing. Yokoy seamlessly integrates with Pagero’s cloud-based e-invoicing solution “to provide a 100% digitized and fully automated… Read More

July 23, 2023 @ 10:41 pm By Omar Faridi  |  

Following 2 successful pilots, the UK Financial Conduct Authority’s (FCA) Digital Sandbox will be “made available permanently on 1 August 2023, opening up the platform to an even broader range of innovative businesses, start-ups and data providers.” The Digital Sandbox is a testing environment that… Read More

July 23, 2023 @ 2:26 pm By Omar Faridi  |  

Cognaize, the intelligent document processing (IDP) company powered by its proprietary hybrid intelligence technology, announced that it has closed $18 million in Series A funding in order “to accelerate research and product development, marketing, and sales capacity to meet the explosive global demand for the… Read More

July 22, 2023 @ 5:50 pm By Omar Faridi  |  

Snapsheet, which claims to be an industry leader specializing in claims management technology, today announced a strategic investment from State Farm Ventures. Through its innovative platform, Snapsheet streamlines and “expedites the claims process, providing insurers and policyholders with a seamless, user-friendly experience.” Snapsheet offers “a… Read More

July 22, 2023 @ 4:42 pm By Omar Faridi  |  

Backbase, a provider of Engagement Banking, has announced that Orient Commercial Joint Stock Bank (OCB) has chosen Backbase to power its omnichannel banking modernization in a signing ceremony on 20 July 2023. OCB’s goal is to create a personalized digital banking system “for each customer… Read More

July 22, 2023 @ 3:51 pm By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, released its 2023 Second Home Attitude Report, in order “to better understand what’s motivating second home buyers.” Applied Research West (ARW), a “trusted” research firm, “conducted a quantitative survey… Read More

July 21, 2023 @ 12:46 pm By Omar Faridi  |  

Exactera, which claims to be the leader in technology-driven tax compliance solutions,  announced its new brand identity and named Walter Scott as the company’s new CEO. Exactera also announced it had “raised $33M in additional funding from investment firms Insight Partners and Savant Growth.” Exactera… Read More

July 20, 2023 @ 6:20 am By Omar Faridi  |  

UKG, a provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis, a global payroll provider with technology and services supporting more than 160 countries and 120 currencies. With the acquisition closing, UKG announced “the immediate launch of… Read More

July 20, 2023 @ 5:12 am By Omar Faridi  |  

Shinhan Bank, SCB TechX, and an unnamed financial institution in Taiwan have announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot, according to a release. The PoC was reportedly built on the Hedera network, a high-performance blockchain. The pilot was said to have… Read More

July 19, 2023 @ 10:44 pm By Omar Faridi  |  

ConnexPay, the first and only payments technology company that offers a fully integrated payments acceptance and payment issuance solution inside a single platform, has expanded upon an already impressive global footprint with the launch of British Pounds (GBP) and Euros (EUR) currencies. The company has… Read More

July 19, 2023 @ 9:31 am By Omar Faridi  |  

Bowmark Capital, the mid-market private equity firm, has invested significantly in Lendscape, a technology provider to the global secured commercial finance market. The company’s software and technology “underpin the secured lending offerings of over 120 banks and financial institutions worldwide.” Its platform supports the management… Read More

July 18, 2023 @ 11:27 pm By Omar Faridi  |  

Temenos (SIX: TEMN) recently announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos Banking Cloud to accelerate its core modernization. In 2022, Canadian Tire Bank chose the Temenos… Read More