Tagged: digital technology

July 7, 2025 @ 6:02 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced that its Fixed Income Clearing Corporation (FICC) subsidiary “processed through its Government Securities Division (GSD) a new peak volume of USD$11.8 Trillion in cleared transactions on June… Read More

July 4, 2025 @ 10:15 pm By Omar Faridi  |  

In an evolving global environment, the World Economic Forum’s (WEF) recent updates have examined digital transformation trends that are reshaping economies worldwide. The 16th Annual Meeting of the New Champions (AMNC) 2025, held in Tianjin, China, from June 24-26, and related discussions in Europe highlight… Read More

July 3, 2025 @ 9:21 am By Omar Faridi  |  

Mastercard Start Path is offering a new Security Solutions program designed to support startups that are developing technologies in “cybersecurity, fraud mitigation, digital identity, and payment resiliency.” OneID, Scamnetic, Spec, VanishID, and Shield-IoT are “the first startups to participate following a global application and vetting… Read More

June 30, 2025 @ 7:33 am By Omar Faridi  |  

Bolt, the checkout, identity and payments platform, today announced Bolt Connect, a new product designed to help marketplaces onboard merchants faster, streamline operations and scale with fewer resources. Bolt Connect gives marketplace operators “a single integration to support one-click merchant onboarding, built-in compliance workflows, and… Read More

June 27, 2025 @ 1:33 am By Omar Faridi  |  

Experian announced the integration of Mastercard’s identity verification and fraud prevention technology into the Experian Ascend Platform. This collaboration will enable “efficient identity verification for the company’s more than 1,800 global clients across industries such as financial services, automotive, health, and digital marketing, helping to… Read More

June 25, 2025 @ 12:22 pm By Omar Faridi  |  

Wyden, the provider of institutional digital asset trading infrastructure for regulated institutions, and Garanti BBVA Kripto, a subsidiary of Garanti BBVA, one of Turkey’s largest banks, have announced a strategic partnership to support the growth of Garanti BBVA Kripto’s digital asset trading offering to its… Read More

June 23, 2025 @ 5:06 pm By Omar Faridi  |  

Kaspersky researchers have discovered a new Trojan spy called SparkKitty which targets smartphones on iOS and Android. It sends images from an infected phone and information “about the device to the attackers.” This malware was embedded in apps related “to crypto and gambling, as well… Read More

June 21, 2025 @ 11:11 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is announcing that Indiana Farm Bureau Insurance, a provider of property and casualty insurance in Indiana, has chosen Akur8’s Core Platform to accelerate “model development and build transparent, explainable pricing models.” Developed for… Read More

June 20, 2025 @ 4:33 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced changes to its growth model and its leadership, effective September 1, 2025. Accenture has delivered on its strategy “to be its clients’ reinvention partner of choice and to lead in Gen AI through its deeply skilled people and by bringing its… Read More

June 14, 2025 @ 4:19 pm By Omar Faridi  |  

In today’s digital landscape, identity verification (IDV) platforms are under siege from increasingly sophisticated fraud tactics. One of the most alarming threats is the rise of injection attacks, which exploit vulnerabilities in IDV systems to bypass security measures and perpetrate identity fraud. A recent update… Read More

June 8, 2025 @ 3:49 pm By Omar Faridi  |  

Proof Group, a digital asset and emerging technology investment firm and one of the participants in the Canton ecosystem, is pleased to announce the launch of the first block explorer for the Canton Network. This tool provides unprecedented transparency “into the network’s transactions, participants, and… Read More

June 2, 2025 @ 11:14 am By Omar Faridi  |  

Sumsub announces the launch of its Bank Account Verification solution. The solution verifies customer account ownership, outstanding balance, and detailed transaction history, which enables businesses “to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory obligations,… Read More

June 1, 2025 @ 12:45 pm By Omar Faridi  |  

The global economy is navigating a period of uncertainty, marked by trade policy shocks, technological disruptions, and demographic shifts. Recent reports and announcements from the World Economic Forum (WEF) highlight critical trends shaping the future, from economic growth challenges to organizational governance changes and strategies… Read More

May 31, 2025 @ 3:18 pm By Omar Faridi  |  

Westpac has built new AI technology which will revolutionise its customer support capabilities, including improving the bank’s ability to detect if a customer is being scammed. A first of its kind in Australia, the real-time call assistant technology is being integrated “within the bank’s frontline… Read More

May 24, 2025 @ 12:18 pm By Omar Faridi  |  

Alpaca has launched 24/5 trading for Broker API, helping deliver global access to US markets. Bridging the existing gap for international partners and retail investors capital markets are said to be “evolving—and fast.” Global retail investors have more “access to US markets than ever before.”… Read More

May 22, 2025 @ 2:13 am By Omar Faridi  |  

World has reportedly raised $135M from Andreessen Horowitz and Bain Capital Crypto to fund network expansion. To date, more than “26M users participate in the World network and more than 12.5M people have an Orb-verified World ID.” To meet increasing demand for Orb-verified World IDs… Read More

May 15, 2025 @ 2:12 pm By Omar Faridi  |  

Horizon Trading Solutions, a global enabler of electronic trading solutions and algorithmic technology for capital markets, is launching a Smart Order Router (SOR) – Horizon Compass – to allow institutional and retail brokers to achieve optimal execution and high performance. With legacy SOR solutions filling… Read More

May 14, 2025 @ 2:19 pm By Omar Faridi  |  

TrueAccord, a Fintech specializing in digital-first debt collection, has been reinforcing its commitment to consumer-friendly practices. Through a strategic acquisition, a key appointment to a regulatory advisory committee, and insightful analysis of Q1 economic trends, TrueAccord is positioning itself as a key player in the… Read More

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