Pilot‘s CFO Services team recently published their Q1 Market update on the Venture Capital landscape. Their main takeaways are as follows: Deal activity in Q1 remained roughly flat QoQ, but varied by segment: pre-seed and seed-stage saw notable declines while late-stage saw moderate increases, with… Read More
India is reportedly moving forward with the next few stages of its planned digital rupee pilot. This would add programmability and offline payment capability, according to a recent update. Like most major economies across the globe, India has been testing a retail CBDC or central… Read More
The Monetary Authority of Singapore (MAS) unveiled three initiatives to ensure the safe and innovative use of digital money in Singapore, namely: a blueprint outlining the infrastructure required for a digital Singapore dollar; expanding digital money trials; and a plan to issue a “live” central… Read More
Marathon Digital Holdings, Inc. (NASDAQ:MARA), a firm focused on supporting and securing the Bitcoin ecosystem, has entered into an agreement with Nodal Power, a company that develops and operates renewable energy assets, “specifically in the biogas space, to launch a 280 kW Bitcoin mining pilot… Read More
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
The Republic of Palau and Ripple have launched a limited stablecoin pilot. Palau and Ripple, the leader in enterprise blockchain and crypto solutions, started collaborating on exploring potential use cases in 2021. The U.S. Dollar-backed Palau Stablecoin (PSC) will be “issued on the XRP Ledger… Read More
Magnifi, the AI-powered co-pilot for sensible investors from TIFIN, has launched a new feature that allows its over 20,000 subscribers now get AI help to not only manage investments held within their Magnifi brokerage accounts but now also from assets held in external accounts. This… Read More
Visa (NYSE: V) announced it is partnering with PayPal and Venmo in order to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the… Read More
Japan’s Finance Ministry is reportedly planning to appoint a panel of experts this coming month in order to determine the feasibility of issuing a digital yen. This, according to a report from NHK. The ministry’s panel in Japan will be going over how to establish… Read More
The Commonwealth Bank (CBA) and Telstra announced a new pilot to help protect their customers from phone scams. Scam Indicator, currently in proof-of-concept stage and to be piloted over the next few months, will help “protect joint CBA and Telstra customers from phone scams where… Read More
The State Bank of Pakistan (SBP), the nation’s central bank, has reportedly granted approval to the test launch of the country’s very first agriculture-focused Fintech platform, Digitt+ (providing an Electronic Money Institution or EMI permit). Digitt+ is supported by Akhtar Fuiou Technologies (AFT), the firm… Read More
The Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, which is a new tool “to help financial regulators assess risks to financial stability stemming from climate change.” This collaborative environment will “improve users’ access to public climate… Read More
Ujjval Patel, Director of Solutions and Consulting, Hi Marley, notes that the insurance industry is evolving, and carriers of all sizes will have to innovate in order to respond to their customer and employees’ requirements. When properly implemented, many tech solutions offer considerable value, with… Read More
Vietnam is the latest among smaller nations to have joined the crypto bandwagon as the country is developing a strategy towards having a digital government. In the last few weeks, countries such as El Salvador, Portugal, and Philipinnes have introduced regulations around cryptocurrencies. Vietnam’s Prime… Read More
Pilot, a U.S.-based fintech that specializes in back office services for startups and small businesses, announced on Friday it raised a total of $100 million through its Series C funding round, doubling its valuation to $1.2 billion. The round was notably led by Bezos Expedition… Read More
Marco Polo, a trade finance blockchain that has partnered over 20 banks, is testing its first trade deal between Germany and Russia. The company’s pilot was announced on October 11. Russian’s Alfa-Bank and Novolipetsk Steel Company (NLMK) will take part in the pilot. Germany’s Commerzbank… Read More
ANZ, Commonwealth Bank, IBM (NYSE: IBM), Scentre Group and Westpac announced on Tuesday they have jointly launched a live pilot for Lygon, which is described as a new digital platform using blockchain technology to transform the way businesses obtain and manage bank guarantees that are often required… Read More
ABN AMRO announced on Friday it has teamed up with Port of Rotterdam and Samsung’s logistics and IT division, Samsung SDS, to launch a new container logistics blockchain pilot. According to the Dutch bank, this pilot will seek to use blockchain technology to build a platform for… Read More
New Australian-based modular Android smartphone Fonkraft seemed to have it all, it was perfect for the every day tech savvy person. Its “Pilot” model was an entry-level/basic and was priced at a reasonable $100. It features a 5-inch, 720p display, a dual-core processor and 1GB of RAM, plus… Read More
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