Tagged: digitalization

August 20, 2023 @ 10:13 pm By Omar Faridi  |  

Spain is a country where old meets new, tradition dances “with innovation, and the economy basks in the sun of digital transformation and the fintech boom,” the team at Mintos notes. The report from Mintos points out that Spain, with its mix of beautiful beaches,… Read More

August 20, 2023 @ 4:35 pm By Omar Faridi  |  

We recently connected with Lasha Atandze, CEO of Rarify Labs, a service provider for Rarimo, the interoperability protocol making digital identities and the decentralized social layer multi-chain. During our conversation, Lasha sheds some light on the importance of multi-chain access for social identities in today’s… Read More

August 18, 2023 @ 12:01 pm By Omar Faridi  |  

Artificial Intelligence has considerably impacted the financial services industry in recent years, especially since the advent of OpenAI in late 2022. According to the Economist Intelligence Unit, 54% of financial services organizations with over 5000 employees “have implemented AI systems.” Most recently, the now-familiar customer-facing… Read More

August 15, 2023 @ 8:50 pm By Omar Faridi  |  

iWallet, a fintech startup, developed a payment app for businesses and is one of the first processing apps to integrate FedNow, the newest, real-time mobile check deposit technology by the end of 2023. The real-time mobile check deposit “provides businesses instant payments and peace of… Read More

August 15, 2023 @ 11:59 am By Omar Faridi  |  

From paper to plastic to click – the payments game has evolved substantially as consumer demand for convenience “continues to influence innovation,” according to an update from Banxa. Apple Pay has become “an increasingly popular method to purchase crypto, though many onramps that offer it… Read More

August 14, 2023 @ 8:34 am By Omar Faridi  |  

Worldcoin is described as “an open-source digital identification platform that aims to provide a solution for everyone to verify their human identity and differentiate themselves from AI in the digital space.” As noted in a blog post by Matrixport, the Worldcoin ecosystem reportedly “comprises three… Read More

August 13, 2023 @ 6:48 pm By Omar Faridi  |  

deepset.ai – the enterprise platform for building applications with LLMs – has raised $30 million in funding led by Balderton Capital. The investment round also included participation from existing investors GV (Google Ventures), and Harpoon Ventures. deepset claims that it “solves one of the biggest… Read More

August 13, 2023 @ 1:54 pm By Omar Faridi  |  

As part of modernizing its IT landscape and enhancing the customer experience, Handelsbanken Norway has chosen to consolidate on Tietoevry Banking’s wealth management solution. This enables Handelsbanken “to offer financial products, including mutual funds, equities, ETFs and more, through one modern self-service platform for its… Read More

August 10, 2023 @ 5:08 pm By Omar Faridi  |  

upSWOT announces a pilot partnership with NerdWallet Small Business aimed at further enhancing the financial services offered to their SMB customers. This collaboration brings together upSWOT’s data-driven embedded finance tools and NerdWallet Small Business’ financial guidance “to empower small businesses with comprehensive financial solutions.” upSWOT’s embedded… Read More

August 10, 2023 @ 8:35 am By Omar Faridi  |  

Garanti BBVA, which claims to be a leading force in digitization in the Turkish banking industry, has announced the launching of Garanti BBVA Digital Assets, the first venture of its subsidiary Garanti BBVA Financial Technologies. With a pilot already in progress, the company will initially… Read More

August 8, 2023 @ 10:43 pm By Omar Faridi  |  

The role of today’s Chief Financial Officer (CFO) is undergoing significant changes and expansions, according to a new study, “The Evolution of Order-to-Cash,” conducted by global market analysis and advisory firm IDC on behalf of the B2B order-to-cash software and digital payments market leader, Billtrust…. Read More

August 8, 2023 @ 8:35 pm By Omar Faridi  |  

Jordan Wexler, CEO of EarlyBird, recently discussed the importance of family finance and how this is a pivotal moment in US history in relation to the great wealth divide. During his recent interview with CI, Jordan highlights the growth of fintech is now more accessible… Read More

August 8, 2023 @ 4:06 pm By Omar Faridi  |  

This announcement marks a significant milestone in the digital landscape as NexeraID in collaboration with PolygonID unveil their Web3 Compliance initiative. This project sets a standard for privacy protection while “ensuring strict adherence to regulatory requirements in the ever-evolving realm of Web3 compliance.” With the… Read More

August 8, 2023 @ 6:12 am By Omar Faridi  |  

Vodafone’s ‘Economy of Things’ Digital Asset Broker (DAB) business is connecting with Aventus, which helps enterprises adopt Web3 – the new blockchain-based decentralised world wide web. The two companies will “use their collective strengths to help more businesses and strategic partners take advantage of Web3’s… Read More

August 6, 2023 @ 8:24 pm By Omar Faridi  |  

Contour, the digital trade finance network, announced that the Singapore office of MUFG Bank, which claims to be Japan’s premier bank is joining its growing digital network. MUFG has a global presence “spanning around 50 markets, while its parent Mitsubishi UFJ Financial Group (MUFG) is… Read More

August 5, 2023 @ 2:06 pm By Omar Faridi  |  

We recently connected with Luis Ocegueda, Engineering Lead at Trust Wallet, which claims to be the world’s most trusted and secure crypto wallet with 60 million+ downloads. It’s worth noting that, earlier this year, Trust Wallet did experience certain security issues, leading to a considerable… Read More

August 5, 2023 @ 2:02 pm By Omar Faridi  |  

Using the Request for Payment (RfP) capability on the RTP network, the instant payments system operated by The Clearing House, broker dealers, billers and suppliers “can now request a payment from their customers through secure bank channels, and receive an instant payment in response from… Read More

August 5, 2023 @ 10:22 am By Omar Faridi  |  

In a move to further reduce its impact on the environment, Thames Technology is planning to eliminate “the use of virgin PVC from all its card production.” Thames Technology has already “been manufacturing 100% of its non-financial cards such as gift, loyalty and membership cards… Read More

August 3, 2023 @ 7:45 am By Omar Faridi  |  

Stavvy, the Fintech company reshaping digital and remote collaboration for lending and real estate, announced its strategic acquisition of Brace, a servicing technology company addressing the long-standing inefficiencies and lack of transparency stemming from outdated technologies in mortgage servicing. Through this strategic acquisition, the collective… Read More

August 2, 2023 @ 10:28 pm By Omar Faridi  |  

Already a key player in the Data & AI market, Capgemini says it is well positioned to support clients through their next era of digital transformation thanks “to the breadth of its generative AI services, deep industry expertise, and its industrialized delivery assets.” As a… Read More