Tagged: digital technology

April 14, 2025 @ 9:08 pm By Omar Faridi  |  

A research paper from ThruHQ, entitled, “Egyptian B2B directory” unveils what appears tobe a “significant disconnect” in Egypt’s online business-to-business sector. The latest research findings, which are said to be derived from the curation of ThruHQ‘s initial batch of listings, indicate that while “95% of… Read More

April 7, 2025 @ 10:03 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., unveiled key updates focused on enhancing its digital sales and services platform. The Alkami Digital Sales & Service Platform will allow financial institutions to onboard, engage, and “grow… Read More

April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

March 27, 2025 @ 9:49 am By Omar Faridi  |  

Equifax (NYSE: EFX) has launched a new solution, The WorkNumber Report Indicator, enabled by the Equifax Cloud to empower lenders by delivering a  Equifax credit report with an indicator of “employment status earlier in the mortgage qualification process.” The current lending environment requires a fuller view… Read More

February 27, 2025 @ 3:22 pm By Omar Faridi  |  

Shop Circle announced the closure of its Series B funding round, securing $60 million in new capital. The funding round was led by Nextalia Ventures, a fund managed by the investment platform of Nextalia SGR S.p.A., with over “$1.6 billion in assets under management.” Additional… Read More

February 24, 2025 @ 7:59 am By Omar Faridi  |  

Blockdaemon Wallet, introduced in 2023, has been rebranded as Blockdaemon Institutional Vault. According to an update from Blockdaemon, the name change reflects the platform’s continued evolution into what is “considered the most secure wallet available for institutional digital asset operations and storage.” Designed to support… Read More

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