Tagged: digitalization

May 7, 2025 @ 7:54 am By Omar Faridi  |  

BigCommerce (Nasdaq: BIGC), a provider of “open, composable” commerce solutions for B2C and B2B brands, retailers, manufacturers and distributors, announced that Klarna, the AI-powered payments and commerce network, has become a global preferred payments partner. As a global partner, Klarna will bring its “interest-free” payment… Read More

May 2, 2025 @ 4:45 pm By Omar Faridi  |  

New research released by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. This would effectively add one percentage “point to annual growth rates – on par with the growth increment the… Read More

May 2, 2025 @ 6:43 am By Omar Faridi  |  

Regtech HYPR, the Identity Assurance Company, announced a significant acceleration of its global growth strategy with the opening of a new European Center of Excellence in Belgrade, Serbia. This second physical office will amplify the company’s capacity to serve its rapidly expanding worldwide customer base… Read More

April 24, 2025 @ 4:10 am By Omar Faridi  |  

Real-time bank account verification from LSEG Risk Intelligence, a service provider focused on compliance, risk and fraud prevention solutions, is now available directly within Docusign’s eSignature product. The offering, accessible through Docusign’s Third-Party App Marketplace, will provide “benefits to US customers of Docusign and LSEG… Read More

April 20, 2025 @ 9:52 pm By Omar Faridi  |  

Swift announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to “identify and resolve issues when international payments are delayed.” Financial institutions spend more than $1.6 billion each year… Read More

April 19, 2025 @ 3:52 pm By Omar Faridi  |  

Regtech company Sumsub has partnered with Volt, the global real-time payments platform. In this new open banking partnership, Volt will power Sumsub’s Penny Drop Verification flow, which involves “an end user being directed to their banking app after scanning their identity document.” Once a user… Read More

April 9, 2025 @ 9:29 pm By Omar Faridi  |  

The Worldcoin Foundation has introduced an enhancement to its community grants program that will aim to streamline the application process and provide more opportunities for innovation from community builders worldwide. Instead of its wave-based structure, the Worldcoin Foundation explains in a blog post that it… Read More

April 3, 2025 @ 2:20 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced a digital collateral management platform. Collateral is an essential risk mitigation tool “that helps support overall financial stability.” DTCC also noted that as the markets grow… Read More

March 29, 2025 @ 11:05 am By Omar Faridi  |  

CommBank is reportedly establishing a Tech Hub in Seattle, Washington (US), to advance the bank’s technology leadership and delivery of improved customer experiences by equipping teams with the skills needed to stay ahead. CommBank Chief Executive Officer, Matt Comyn said, “As the rate of global… Read More

March 24, 2025 @ 4:52 pm By Omar Faridi  |  

Latin American fintech Ualá has raised an additional $66 million in a second close of its Series E funding round, bringing the total to $366 million. This extension saw participation from TelevisaUnivision, alongside earlier investors like Allianz X, Stone Ridge Holdings Group, Pershing Square Foundation,… Read More

March 23, 2025 @ 6:56 pm By Omar Faridi  |  

According to the recent Kaspersky Incident Response analyst report, long-lasting attacks, carried out by cybercriminals, that persist for more than a month accounted for 35.2% of the total attacks in 2024. The latest Kaspersky Incident Response analyst report and key insights offer extensive analysis of… Read More

March 17, 2025 @ 10:06 pm By Omar Faridi  |  

World, the human-centered financial and identity network, is now available in Thailand. Thais can get their World ID verified at a number of World Spaces throughout Bangkok, with more locations “slated to open throughout 2025.” With the second-highest GDP in Southeast Asia, Thailand is “one… Read More

March 14, 2025 @ 3:26 pm By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), the provider of intelligent, banking solutions, announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending… Read More

March 13, 2025 @ 7:49 pm By Omar Faridi  |  

Valid accounts are increasingly being leveraged as an initial attack vector and as part of cyberattacks in 2024, representing 31.4% of cases. This, according to a cybersecurity update from Kapersky. Public-facing apps still hold the top position “with 39.2% of cases.” These research findings were… Read More

March 10, 2025 @ 11:10 am By Omar Faridi  |  

To address the rapidly evolving cybersecurity landscape, Verizon Business (NYSE, Nasdaq: VZ) and Accenture (NYSE: ACN) announced a partnership to accelerate the development and delivery of advanced cybersecurity solutions. The agreement aims to help businesses of all sizes mitigate a range of growing threats, “from… 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 25, 2025 @ 10:08 am By Omar Faridi  |  

In line with its obligations under the updated Shareholder Rights Directive (SRDII), Nordnet Bank AB, a pan-Nordic digital platform for savings and investments, has commenced live operations with an international shareholder disclosure solution from global Fintech Broadridge Financial Solutions, Inc. (NYSE:BR). Quincy Curry, Director of… Read More

February 22, 2025 @ 5:59 pm By Omar Faridi  |  

Checkout.com, a digital payments provider, announced its partnership with HEYTEA, the creator of new-style tea drinks and one of Asia’s beverage brands. The partnership has reportedly improved HEYTEA’s customer experience and supported its global “expansion by offering localized payments solutions.” HEYTEA customers can now “place… Read More

February 21, 2025 @ 8:44 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial platform of for companies across the globe, announced its partnership with Eats365, a restaurant point-of-sale (POS) provider currently serving 27 markets. This collab will now aim to simplify “operations for Eats365 merchants and users throughout the supported regions.” Through 365pay,… Read More

February 19, 2025 @ 9:45 pm By Omar Faridi  |  

Grupo Bolsa Mexicana de Valores (BMV) and IPC, a company in technology and services related to financial markets, announced the signing of an agreement to launch the Beeks’ technology infrastructure. The deployment includes primary and disaster recovery sites in Mexico City, providing “a secure solution… Read More