Tagged: digital technology

July 22, 2022 @ 8:42 am By Omar Faridi  |  

Jupiter Exchange, an alternative asset exchange using fractional NFT technology, announced that it has closed on a $5 million seed funding round “led by White Hilt Capital.” Jupiter curates iconic objects and makes fractional ownership “available to anyone through its digital marketplace and exchange.” Loren… Read More

July 21, 2022 @ 12:49 pm By Omar Faridi  |  

Residently has secured £4.5 million of funding to finally “bring renting into the modern age.” By digitizing the end-to-end customer experience in a $2 trillion market, Residently will “streamline operations for property owners and renters, reducing costs and delays throughout the full 360 rental experience.”… Read More

July 18, 2022 @ 10:40 pm By Omar Faridi  |  

TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions, recently announced that it has served over 20 million customers in debt with “a digital-first experience.” TrueAccord’s customer-centric approach and commitment to creating a positive consumer experience is “reflected in its 4.7 Google… Read More

July 17, 2022 @ 4:16 pm By Omar Faridi  |  

Mandala, which claims to be a “unique” Metaverse experience that promotes the intersection of technology, spirituality, sustainability and entertainment, is teaming up with Immutable X’s Layer 2 scaling solution on Ethereum “to build a multi-platform interoperable metaverse, leveraging NFTs to combine gripping storytelling with immersive… Read More

July 16, 2022 @ 10:26 am By Omar Faridi  |  

LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the global NFT ecosystem, announced that it has signed a strategic investment agreement “worth about $10 million with 10 companies.” As noted in an update shared with CI, SoftBank Corp., NAVER, NAVER WEBTOON, NAVER Z,… Read More

July 15, 2022 @ 5:06 pm By Omar Faridi  |  

Moxo, which claims to be the industry’s “leading” client interaction workflow solution, has announced a partnership with Kasisto, creators of KAI, the financial services digital experience platform, “to offer digital assistant capabilities within Moxo’s OneStop Client Interaction Hub.” The integration will allow financial institutions “to… Read More

July 15, 2022 @ 2:59 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More

July 13, 2022 @ 8:53 am By Omar Faridi  |  

Switzerland-based SIX Digital Exchange (SDX), which claims to be the “first” fully regulated digital asset exchange and Central Securities Depository (CSD), working in partnership with F10, an international Fintech and Insurtech Innovation Ecosystem and Aequitec, a digital share register and cap table firm, recently announced… Read More

July 8, 2022 @ 7:17 pm By Omar Faridi  |  

FSS Technologies Singapore Pte Ltd., a provider of banking and payment tech solutions, announced a partnership with ACLEDA Bank, Cambodia’s largest commercial bank, in a multi-product deal “to consolidate and digitally transform its nation-wide merchant operations and automate its terminal monitoring, reconciliation and settlement processes.”… Read More

July 7, 2022 @ 4:47 pm By Omar Faridi  |  

FNB Community Bank and Teslar Software announced their partnership “to streamline and automate lending processes.” The community bank is leveraging Teslar’s tracking and loan management software “to save time and increase operational efficiencies, freeing lenders to focus on the borrower experience.” Bill Croak, president and… Read More

July 6, 2022 @ 6:18 pm By Omar Faridi  |  

Cellebrite DI Ltd. (NASDAQ: CLBT), which claims to be a leader in Digital Intelligence (DI) solutions for the public and private sectors, and Chainalysis, the blockchain data platform, have launched a partnership to “enable customers to easily identify and assess criminal activity involving cryptocurrency during… Read More

July 5, 2022 @ 7:57 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a solution to “enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance.” This allows firms to automatically “calculate climate, reputational and… Read More

June 29, 2022 @ 7:54 am By Omar Faridi  |  

Taavet Hinrikus, the Co-founder of Fintech firm Wise, has launched Plural, a €250 million (appr. £216 million) investment platform aimed at supporting a new generation of technology startups and digital entrepreneurs. Other founders of the Group reportedly include Songkick businessman Ian Hogarth, tech investor Khaled… Read More

June 26, 2022 @ 3:15 pm By Omar Faridi  |  

Glia, the provider of Digital Customer Service, has acquired Finn AI, the AI-powered chatbot platform for banks and credit unions. The deal aims to mainstream virtual assistants for financial services companies “by making Finn AI’s proven conversational AI solutions an integral part of Glia’s …… Read More

June 23, 2022 @ 8:02 am By Omar Faridi  |  

Citi (NYSE: C) announced that it has selected METACO to develop and pilot digital asset custody capabilities. This collaboration “brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store and settle digital assets seamlessly… Read More

June 22, 2022 @ 3:37 pm By Omar Faridi  |  

TD Bank Group announced that it would offer open-source access to its Equity Resource Hub, a digital platform “created by TD Lab to integrate diversity, equity and inclusion into all stages of product & service design.” By making the Hub, initially a proprietary tool launched… Read More

June 22, 2022 @ 11:06 am By Omar Faridi  |  

Anchorage Digital is pleased to announce early access to programmatic transfers for protocols, “unlocking new efficiencies in treasury management.” Anchorage Digital‘s external transfer API, the “first” from a federally chartered crypto bank, “reduces overhead and manual approvals of payment requests by enabling automated and high-volume… Read More

June 21, 2022 @ 6:18 pm By Omar Faridi  |  

Pure IT Credit Union Services, a technology CUSO, has received a $6.8 million investment from several credit unions and credit union service organizations (CUSO). These organizations decided to invest in Pure IT as an established partner to further the alignment of IT resources with financial… Read More

June 21, 2022 @ 12:37 am By Omar Faridi  |  

The phenomenon of digitalization is becoming a vital part of our daily life, according to an update from October. So, considering digitalization in European SMEs, the team at October looks into where we currently stand. While new digital solutions are increasingly being used in the… Read More

June 19, 2022 @ 3:07 pm By Omar Faridi  |  

Efma has recently unveiled a new name, new logo, and new purpose “as part of an extensive rebranding initiative.” Now, Efma is called Qorus (pronounced kaw-ruhs). Efma has “approached the half-century mark of its existence and undertaken the most important transformation in its history –… Read More