Tagged: digital technology

July 6, 2023 @ 10:10 pm By Omar Faridi  |  

Concordium, the Layer 1, science-backed blockchain creating a safer digital world, has today announced its strategic partnership with IMPERO Group, a technology consulting firm based in South East Asia. This collaboration marks “a significant milestone in Concordium’s expansion plans and aims to revolutionize identity management… Read More

July 6, 2023 @ 10:02 pm By Omar Faridi  |  

Researchers are “cautiously optimistic” about where generative artificial intelligence (GenAI) will lead humanity, but they say that we “must develop more guardrails.” This is according to Pascale Fung, Chair Professor, Department of Electronic and Computer Engineering, Hong Kong SAR, China. She was speaking at the… Read More

July 6, 2023 @ 10:17 am By Omar Faridi  |  

Mbanq, the US-based Fintech innovator and global Banking-as-a-Service (BaaS) provider, has announced that Cheqly, a Fintech that makes banking simple for startups, has launched utilizing Mbanq’s BaaS platform. With this partnership, Cheqly provides its customers “with an improved banking experience that is specifically focused on… Read More

July 5, 2023 @ 5:32 pm By Omar Faridi  |  

The financial institution is launching a new job portal “to attract people with technological backgrounds in the different countries where it has a presence.” The Group expects to end 2023 “with over 2,600 new hires of this type of professionals, 1,000 of which will be… Read More

July 5, 2023 @ 2:24 pm By Omar Faridi  |  

Founded in 2020, Silvr‘s mission is to make financing more accessible to SMEs. Silvr claims that it has rapidly become a European leader in short-term lending due “to its technology and innovative data processing tools.” This new securitized facility will “increase Silvr’s financing capacity., which… Read More

July 4, 2023 @ 9:44 am By Omar Faridi  |  

The initiative, aimed at national and international teams, focuses on “developing innovative solutions and technologies” in the field of Metaverse Finance. The initiative is fostered by the Sella Group and developed by its venture incubator dpixel. Metaverse 4 Finance Accelerator is now live “representing the… Read More

July 3, 2023 @ 10:34 pm By Omar Faridi  |  

Stratiphy, which has developed proprietary tech giving users a toolkit to form expertly managed portfolios, without the need for an advisor, has raised 82% (£206,119.46) of its  £250,000 target from 112 investors (at the time of writing) with 7 days left in the firm’s crowdfunding… Read More

July 3, 2023 @ 7:16 am By Omar Faridi  |  

Trade Ledger, the global technology provider for the commercial banking and financial services industry, is excited to announce the opening of its new office in Krakow, Poland. This strategic expansion marks Trade Ledger’s first development hub in the EU, “further strengthening its global footprint and… Read More

July 2, 2023 @ 6:51 pm By Omar Faridi  |  

Over three-quarters or 75% of the population in Lombardy, Italy’s largest and most industrialized area, banked online this past year, compared with the national average of just 63%, the Bank of Italy recently revealed. Virtual banking in Lombardy has reportedly increased by around 20 percentage… Read More

July 2, 2023 @ 2:45 pm By Omar Faridi  |  

Chris Ansara, CEO of UK-based Regtech startup docStribute and Chair, Phil Shelley, have shared their career insights on the necessity of digital transformation in order to meet FCA regulations as well as decarbonize global business. As many sectors struggle to meet regulatory demands, particularly financial… Read More

July 2, 2023 @ 2:20 pm By Omar Faridi  |  

With a focus on technology, efficiency, and security for fleets and drivers, PURE Freight Lines LTD, a logistics and transportation firm, is announcing new partnerships with Relay Payments and Amous TMS. The three-way collaboration reflects PURE’s focus “on modernizing operations and reducing diesel fuel fraud… Read More

July 1, 2023 @ 10:20 am By Omar Faridi  |  

OCBC (SGX: O39) has launched a fully digital account opening service for consumers in its key markets who are relocating to Singapore. These individuals from Malaysia, Indonesia, mainland China and Hong Kong SAR will be able to “open Singapore dollar and multi-currency accounts on the… Read More

July 1, 2023 @ 9:18 am By Omar Faridi  |  

PETRONAS has announced the selection of 20 startups from across Asia Pacific to participate in the third edition of PETRONAS FutureTech, an intensive technology accelerator program. FutureTech 3.0, “co-organized with StartupX Pte. Ltd., a Singapore-based innovation, venture and startup enabler, marks a significant milestone as… Read More

June 30, 2023 @ 10:29 am By Omar Faridi  |  

Confluence Technologies, Inc., a global technology solutions provider to the investment management industry, announced the first development out of its innovation lab that leverages AI technology to solve complex industry problems. As the first application, the Confluence innovation lab “applies Large Language Models (LLM) to… Read More

June 29, 2023 @ 8:00 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with Fintainium, a cutting-edge financial technology company providing innovative and comprehensive payment methods. Through the collaboration, Cross River will “provide a range of payment services, including connection to… Read More

June 29, 2023 @ 2:56 pm By Omar Faridi  |  

Ledger brings core tech and governance “to help institutions manage crypto trading risk and regulation with custodial trading solutions.” Ledger recently announced that the firm is “entering the institutional trading technology market with the first open network to enable custodial trading via exchange and custodial… Read More

June 28, 2023 @ 8:24 am By Omar Faridi  |  

With artificial intelligence (AI) being one of the most talked about technologies of 2023, consumers are gradually “growing their understanding of its role in the payments process.” Research among over 14,000 consumers commissioned by global payments platform Paysafe (NYSE: PSFE) highlights the extent of the… Read More

June 24, 2023 @ 11:11 am By Omar Faridi  |  

PostFinance wants to drive the development of a digital franc and is entering into partnership with Swiss Stablecoin Ltd for this purpose. As part of a joint proof of concept, a digital image of the Swiss franc “will be released for specific use cases and… Read More

June 23, 2023 @ 8:31 pm By Omar Faridi  |  

The team at Celo is pleased to announce that Animoca Brands, the company advancing digital property rights for gaming and the metaverse, joins the Celo ecosystem in order “to scale up Web3 gaming in a shared effort to drive social impact and climate action by… Read More

June 23, 2023 @ 5:34 pm By Omar Faridi  |  

The European Union has introduced the European Digital Infrastructure Consortium (EDIC), a new entity that aims to focus on promoting blockchain policy in order to move Europe’s “digital decade” forward in a meaningful manner. The EDIC should become operational towards the end of 2024 and… Read More