Tagged: digital technology

February 24, 2025 @ 7:26 am By Omar Faridi  |  

Regtech Sumsub have launched their Qualified Electronic Signature (QES) Verification product. The solution is designed to enhance security, compliance, and efficiency in remote user onboarding across the European Union and Norway, compliant with “national laws and eIDAS framework regulations.” Amid the demand for secure and… Read More

February 18, 2025 @ 9:38 pm By Omar Faridi  |  

Clear Capital, the real estate valuation tech company, announced the integration of AURA, its appraisal underwriting risk analyzer tool, through Encompass Partner Connect, the API framework for mortgage tech from Intercontinental Exchange (ICE). This framework enables industry participants to “integrate with ICE solutions and provide… Read More

February 11, 2025 @ 8:01 am By Omar Faridi  |  

Ripple, the provider of digital asset infrastructure for financial institutions, announced a partnership with Portuguese currency exchange provider Unicâmbio to support instant cross-border payments between Portugal and Brazil using Ripple Payments. This collab marks the first time that Ripple’s payments solution has been made available… Read More

February 5, 2025 @ 9:10 pm By Omar Faridi  |  

Algebrik AI, a cloud-native, AI-powered loan origination platform, has announced a partnership with Plaid, a data network powering the digital financial ecosystem. This collaboration aims to transform the loan origination process for credit unions and financial institutions by integrating Plaid’s consumer-permissioned data with Algebrik’s platform…. Read More

February 4, 2025 @ 10:21 pm By Omar Faridi  |  

UBS (NYSE:UBS) completed a Proof-of-Concept (PoC) that simulated the UBS Key4 Gold offering on a ZKsync Validium in a test environment. The test was designed to provide solutions regarding scalability, cost, privacy, interoperability with Ethereum, and “ease of access for transacting assets.” ZKsync Validium, an… Read More

February 2, 2025 @ 5:35 pm By Omar Faridi  |  

Jude Pinto, Chief Delivery Officer at Payments Canada, provides a quarterly update on the Real-Time Rail (RTR), sharing the program’s progress to date and future direction over the coming 3 months. Since their update in Q4 2024, Payments Canada and their delivery partners, CGI, IBM… Read More

January 30, 2025 @ 12:19 pm By Omar Faridi  |  

Oligo Security, the firm focused on Application Detection and Response (ADR), announced $50 million in Series B led by Greenfield Partners, with participation from Red Dot Capital Partners, Strait Capital, and existing investors Ballistic Ventures, Lightspeed Venture Partners, and TLV Partners. The proceeds will be… Read More

January 19, 2025 @ 8:16 pm By Omar Faridi  |  

10x Banking, the cloud-native meta core banking platform, and DLT Apps, a firm focused on solutions for data migration, have partnered to leverage AI to set a standard in the banking industry’s digital transformation efforts. This partnership offers a migration journey from legacy and non-legacy… Read More

January 19, 2025 @ 8:13 pm By Omar Faridi  |  

Novobanco and Nasdaq (Nasdaq: NDAQ) announced the expansion of their tech partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s capital market operations. Novobanco, a Portuguese independent domestic bank, has used the solution to conduct back-office processing for… Read More

January 16, 2025 @ 7:00 pm By Omar Faridi  |  

Mini Apps are putting the power of the growing World Network community on “full display.” As noted in a blog post, there are currently more than 22 million people on World Network, including 10,247,382 verified humans. As of January 2025, Mini Apps were seeing as… Read More

January 13, 2025 @ 8:34 am By Omar Faridi  |  

PitchBook has shared key insights focused on the artificial intelligence (AI) and machine learning (ML) ecosystem. PitchBook noted in the latest report that investors bid up Elon Musk in AI horse race—xAI’s value has been surging in secondary trading. According to Caplight estimates, xAI’s secondary… Read More

January 9, 2025 @ 7:26 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech with experience in banking tech transformation. The acquisition enhances Accenture’s banking modernization capabilities, helping financial services clients in Asia Pacific “accelerate the reinvention of their core systems,… Read More

January 8, 2025 @ 8:35 pm By Omar Faridi  |  

Ripple is now leveraging the Chainlink standard to bring high-quality pricing data around the Ripple USD (RLUSD) stablecoin onchain. RLUSD is described as an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripple’s years of “experience working with crypto and the existing financial… Read More

January 5, 2025 @ 7:11 pm By Omar Faridi  |  

Thomson Reuters Corporation (NYSE: TRI), a global content and technology company, announced it has acquired cPaperless, LLC, doing business as SafeSend, for $600 million in cash. SafeSend is a US-based cloud-native provider of technology for tax and accounting professionals. Established back in 2008, SafeSend automates… Read More

December 20, 2024 @ 6:47 am By Omar Faridi  |  

Worldline (Euronext: WLN), a global enabler of payment services, is pleased to announce the launch of FlexPricing, a feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways. With FlexPricing, software vendors can implement flexible pricing strategies that include… Read More

December 19, 2024 @ 5:02 am By Omar Faridi  |  

Blockdaemon and HashiCorp have partnered to integrate and approve Blockdaemon Builder Vault for use with HashiCorp Vault, providing secure Root of Trust services. Builder Vault incorporates Blockdaemon’s Multi-Party Computation (MPC) tech via a Public Key Cryptography Standard (PKCS) #11 plug-in. It generates, stores, and uses… Read More

December 10, 2024 @ 6:09 am By Omar Faridi  |  

According to an update from BNY (NYSE: BK), as pensions become costly and difficult to manage, companies can de-risk their balance sheets by transferring them to insurers and pension acquirers. BNY noted that a new collaboration enables a seamless pension experience from administration to payments…. Read More

December 9, 2024 @ 11:16 am By Omar Faridi  |  

Third Financial, part of the Nucleus group, has launched a mobile app for iOS and Android devices. It will enable access to all the client’s investments in one place, providing real time valuations across the range of investment wrappers, along with  investment analysis and the… Read More

December 7, 2024 @ 2:33 pm By Omar Faridi  |  

Experian — the data and technology company — announced it has acquired Audigent, a data activation and identity platform in the advertising industry. The acquisition reportedly expands Experian’s integrated marketing data and identity capabilities in the advertising ecosystem. With the addition of Audigent’s combined first-party… Read More

December 7, 2024 @ 2:29 pm By Omar Faridi  |  

World Network claims that it is scaling steadily, and its growth is having a considerable impact on the “success” of Mini Apps developers. Launches in countries like Brazil have seen global World ID verifications “top 8 million” (8,590,580 as of this writing), while the launch… Read More