Tagged: digitalization

April 3, 2023 @ 8:30 am By Omar Faridi  |  

A report published by the World Economic Forum (WEF) explores how technology-driven risks originating in financial services sectors “could become systemic threats to the global financial system.” Pushing Through Undercurrents, developed in collaboration with Deloitte, “examines how different forces influence the way tech-driven risks spread and… Read More

April 3, 2023 @ 4:17 am By Omar Faridi  |  

FedML announced $6 million in funding to spearhead a “collaborative AI” movement that empowers companies and developers to work together on machine learning tasks by sharing data, models and compute resources – “fueling waves of AI innovation beyond the largest technology companies.” To meet that… Read More

April 3, 2023 @ 1:33 am By Omar Faridi  |  

The Commonwealth of Massachusetts recently became the 43rd state to pass legislation authorizing remote online notarization (RON). Signed into law by Governor Maura Healey and effective on January 1, 2024, the legislation expands access “to online notarization — and the Notarize platform — to all… Read More

April 1, 2023 @ 4:10 pm By Omar Faridi  |  

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced that Connecticut-based Liberty Bank has launched “the Alkami Digital Banking Platform, and is successfully converting a substantial portion of their customer base—approximately 150,000—to Alkami’s single… Read More

March 31, 2023 @ 10:13 am By Omar Faridi  |  

Vechain explains that it is dedicated to building the optimal real-world-ready blockchain environment and “enabling full-scale adoption of web3 technologies.” Their Web3-as-a-service platform, VORJ, “offers builders one of the most versatile blockchain tool suites on the market, and caters for users with little-to-no experience building… Read More

March 27, 2023 @ 9:16 am By Omar Faridi  |  

Jens Plath, Adrian Plattner and Thomas Graf will join the Executive Board of TWINT from 1 April 2023. They will support TWINT in “positioning itself for future growth.” TWINT claims that it “continues to see robust growth and is reinforcing its future strategy.” As a… Read More

March 23, 2023 @ 11:53 pm By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the global launch of the working capital and lending capability on its Straight2Bank (S2B) platform, the Bank’s online banking platform for businesses “to manage their transaction banking needs.” S2B Loans is “a new module which allows clients to initiate and… Read More

March 23, 2023 @ 8:57 am By Omar Faridi  |  

Merchants National Bank and Teslar Software recently announced their partnership in order to streamline the banking institution’s lending processes, “replacing manual tasks with robust automated workflows and supporting strategic growth efforts.” Linda Smith, VP and head of credit administration at Merchants National Bank, said: “As… Read More

March 22, 2023 @ 8:49 pm By Omar Faridi  |  

The Mastercard Engage partner network helps connect customers with technology partners “to build innovative guest checkout and point-of-sale solutions that deliver consumer choice.” Mastercard continues “to enable greater payments acceptance, nearly doubling its number of acceptance locations to more than 90 million in the last… Read More

March 21, 2023 @ 9:24 pm By Omar Faridi  |  

The digital saving-service Fundler has reportedly signed an agreement regarding use of Crosskey’s SaaS-based Capital Market service, “replacing incumbent solutions from several suppliers.” Eva Thelin, Business Area Manager at Crosskey Capital Market, said: “We are excited over being chosen as the future platform for Fundler’s… Read More

March 21, 2023 @ 9:08 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently acquired cloud-based cybersecurity company Baffin Bay Networks in order to better help businesses deal “with the increasingly challenging nature of cyberattacks.” Baffin Bay Networks, based in Sweden, “adds to Mastercard’s multi-layered approach to cybersecurity and helps to stop attacks, while mitigating… Read More

March 19, 2023 @ 7:10 pm By Omar Faridi  |  

We recently caught up with Ofir Shabtai, CTO of Shield, an Israel-based Regtech firm. Banks are crawling toward hybrid cloud solutions. Given this key trend, Ofir Shabtai from Shield talked abut how to balance the modern need for the cloud with the security of on-premise… Read More

March 17, 2023 @ 2:17 pm By Omar Faridi  |  

Forter, the Trust Platform for digital commerce, announced its partnership with Wix.com Ltd. (Nasdaq: WIX), a global SaaS platform to create, manage, and grow an online presence. The partnership reportedly “delivers Forter’s accurate, real-time decisions to Wix merchants in certain countries — increasing their approval… Read More

March 16, 2023 @ 3:12 pm By Omar Faridi  |  

Embroker, the digital insurance platform making it a radically simple single destination to get business insurance, announced that Chris Spagnuolo has come on board as Chief Product Officer (CPO). He joins the team at a pivotal time “to continue fueling Embroker’s momentum in developing innovative… Read More

March 15, 2023 @ 3:50 pm By Omar Faridi  |  

CQG, a global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, announced a strategic partnership with global Fintech, Broadridge Financial Solutions Inc. (NYSE: BR) that will “integrate the two firms’ Execution Management System (EMS) and Order Management System (OMS)… Read More

March 15, 2023 @ 10:15 am By Omar Faridi  |  

Worldline [Euronext: WLN], which claims to be a global leader in payment services, enables merchants, banks and service providers to easily enter the Metaverse. In the future, the Metaverse will be “another retail commerce channel alongside POS and e-commerce.” McKinsey estimates “the global market volume… Read More

March 14, 2023 @ 12:46 pm By Omar Faridi  |  

VMware recently announced VMware Cloud on AWS is now available in Bahrain. The service, which launched on February 28 in the AWS Middle East (Bahrain) region, will help customers in Bahrain “move their workloads across VMware cloud environments with optimized access to AWS services, supporting… Read More

March 14, 2023 @ 7:41 am By Omar Faridi  |  

Irish identity verification solution ID-Pal announced its official launch into the US market to meet the demand for its platform across the United States. Championed by Enterprise Ireland, the US launch is “building on ID-Pal’s success in serving both SMEs and enterprises across over 30… Read More

March 12, 2023 @ 11:11 pm By Omar Faridi  |  

Strong ecosystems and client proximity are key prerequisites for sustainably driving innovation and helping to shape the future of the Swiss financial center. A strategic partnership between UBS (SWX: UBSG), the universal bank and digital market leader in Switzerland, and the largest Swiss innovation ecosystem… Read More

March 11, 2023 @ 9:13 am By Omar Faridi  |  

EtherMail, the Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has successfully “raised $4 million USD in a pre-Series A funding round led by Tim Draper and Draper Associates, a global venture capital firm investing in industry transforming companies.” The investment… Read More