Tagged: digital technology

June 23, 2025 @ 5:06 pm By Omar Faridi  |  

Kaspersky researchers have discovered a new Trojan spy called SparkKitty which targets smartphones on iOS and Android. It sends images from an infected phone and information “about the device to the attackers.” This malware was embedded in apps related “to crypto and gambling, as well… Read More

June 21, 2025 @ 11:11 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is announcing that Indiana Farm Bureau Insurance, a provider of property and casualty insurance in Indiana, has chosen Akur8’s Core Platform to accelerate “model development and build transparent, explainable pricing models.” Developed for… Read More

June 20, 2025 @ 4:33 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced changes to its growth model and its leadership, effective September 1, 2025. Accenture has delivered on its strategy “to be its clients’ reinvention partner of choice and to lead in Gen AI through its deeply skilled people and by bringing its… Read More

June 14, 2025 @ 4:19 pm By Omar Faridi  |  

In today’s digital landscape, identity verification (IDV) platforms are under siege from increasingly sophisticated fraud tactics. One of the most alarming threats is the rise of injection attacks, which exploit vulnerabilities in IDV systems to bypass security measures and perpetrate identity fraud. A recent update… Read More

June 8, 2025 @ 3:49 pm By Omar Faridi  |  

Proof Group, a digital asset and emerging technology investment firm and one of the participants in the Canton ecosystem, is pleased to announce the launch of the first block explorer for the Canton Network. This tool provides unprecedented transparency “into the network’s transactions, participants, and… Read More

June 2, 2025 @ 11:14 am By Omar Faridi  |  

Sumsub announces the launch of its Bank Account Verification solution. The solution verifies customer account ownership, outstanding balance, and detailed transaction history, which enables businesses “to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory obligations,… Read More

June 1, 2025 @ 12:45 pm By Omar Faridi  |  

The global economy is navigating a period of uncertainty, marked by trade policy shocks, technological disruptions, and demographic shifts. Recent reports and announcements from the World Economic Forum (WEF) highlight critical trends shaping the future, from economic growth challenges to organizational governance changes and strategies… Read More

May 31, 2025 @ 3:18 pm By Omar Faridi  |  

Westpac has built new AI technology which will revolutionise its customer support capabilities, including improving the bank’s ability to detect if a customer is being scammed. A first of its kind in Australia, the real-time call assistant technology is being integrated “within the bank’s frontline… Read More

May 24, 2025 @ 12:18 pm By Omar Faridi  |  

Alpaca has launched 24/5 trading for Broker API, helping deliver global access to US markets. Bridging the existing gap for international partners and retail investors capital markets are said to be “evolving—and fast.” Global retail investors have more “access to US markets than ever before.”… Read More

May 22, 2025 @ 2:13 am By Omar Faridi  |  

World has reportedly raised $135M from Andreessen Horowitz and Bain Capital Crypto to fund network expansion. To date, more than “26M users participate in the World network and more than 12.5M people have an Orb-verified World ID.” To meet increasing demand for Orb-verified World IDs… Read More

May 15, 2025 @ 2:12 pm By Omar Faridi  |  

Horizon Trading Solutions, a global enabler of electronic trading solutions and algorithmic technology for capital markets, is launching a Smart Order Router (SOR) – Horizon Compass – to allow institutional and retail brokers to achieve optimal execution and high performance. With legacy SOR solutions filling… Read More

May 14, 2025 @ 2:19 pm By Omar Faridi  |  

TrueAccord, a Fintech specializing in digital-first debt collection, has been reinforcing its commitment to consumer-friendly practices. Through a strategic acquisition, a key appointment to a regulatory advisory committee, and insightful analysis of Q1 economic trends, TrueAccord is positioning itself as a key player in the… Read More

May 14, 2025 @ 8:32 am By Omar Faridi  |  

Prove Identity, a global enabler of digital identity solutions, is providing tools to enhance security, streamline user experiences, and ensure compliance across borders. Recent updates from Prove highlight their partnerships, advancements in passwordless authentication, and expertise in navigating global compliance, positioning them as a partner… Read More

May 12, 2025 @ 3:43 pm By Omar Faridi  |  

OX Security, a firm specializing in Application Security, announced $60 million in Series B funding. The latest investment round was led by DTCP, with participation from the following: IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. The company, which enables organizations to focus… Read More

May 8, 2025 @ 3:15 pm By Omar Faridi  |  

intelliflo redblack announced that Focus Financial Partners Inc. has adopted intelliflo redblack as a trade and rebalance technology solution, extending its capabilities across the organization’s firms. Focus Financial Partners is an ‘interdependent partnership of wealth management, business management, and related financial services firms.” intelliflo redblack… Read More

May 7, 2025 @ 7:57 am By Omar Faridi  |  

Employer.com has recently announced its strategic acquisition of Fintech startup MainStreet.com for an undisclosed sum. This acquisition marks the latest chapter in Employer.com’s ongoing strategy to bolster its technological capabilities and expand its footprint in the financial technology sector. The deal, finalized recently, underscores the… Read More

May 6, 2025 @ 5:03 pm By Omar Faridi  |  

In a step toward prioritizing user privacy, Google has announced the integration of zero-knowledge proof (ZKP) technology into its Google Wallet platform. This cryptographic solution aims to enhance digital identity verification by allowing users to prove specific attributes, such as age, without disclosing sensitive personal… Read More

May 3, 2025 @ 10:56 am By Omar Faridi  |  

World Network—formerly Worldcoin—has unveiled several updates that signal a new era for digital identity, finance, and online trust. With its recent U.S. launch, the introduction of the World Card, and a renewed focus on distinguishing humans from bots in an AI-driven world, World Network is… Read More

May 1, 2025 @ 11:02 am By Omar Faridi  |  

Experian announced the expansion of its Experian Marketplace portfolio with the addition of Root Insurance, a technology company powering insurance solutions. This partnership gives consumers another carrier option “for affordable and personalized car insurance with a streamlined shopping experience.” Consumers who choose Root Insurance will… Read More

April 30, 2025 @ 8:10 am By Omar Faridi  |  

The Q1 2025 Global M&A Report from PitchBook provides a comprehensive analysis of the mergers and acquisitions (M&A) market, highlighting key trends, challenges, and opportunities shaping the global landscape. Despite ongoing macroeconomic uncertainties, the report from PitchBook reveals a market demonstrating resilience, with strategic dealmaking… Read More