08/23/2023
Ramp raises $300m in series D funding, valuation plunges by 28%
Financing co-led by Thrive Capital and Sands Capital, with participation from General Catalyst, Founders Fund, and other existing investors
FinTech
08/22/2023
Do You Have Blind Faith In Your External Partners?
Companies are implementing these new technologies at an incredibly fast pace to be competitive, potentially affecting security in the process.
08/21/2023
Billionaire investor Mark Cuban warns 99% of Crypto assets will fail, says ‘winners will be game changers’
Cuban says he has spent his whole career founding companies that people viewed as unnecessary until they started relying on them.
08/18/2023
Canadian fintech invest plummets
Crypto and blockchain firms accounted for 15 investments, with seven AI companies picking up funds and six payments outfits also securing money.
08/17/2023
Coinbase lands approval to list crypto futures across USA
The approval is regulatory win for Coinbase, following the company’s public battle with SEC.
08/16/2023
The "Digital Wallet Race" Intensifies as Banks and Fintechs Around the World Invest in Insurance: Chubb Survey
Respondents represented all age groups, levels of education, and professional status.
08/15/2023
How wealthtech partnership has been a 'constant evolution'
Fintech provider and wealth firm leaders share how collaboration has improved client-advisor relationships
08/14/2023
Bank of Canada paper casts doubt on CBDC value
Nearly all - 98% - of Canadian adults have a bank account, while 87% have a credit card and internet access is high.
08/14/2023
EY announces strategic alliance with SymphonyAI
This strategic relationship brings enterprises predictive and generative AI software implementation at scale to improve efficiency and business performance.
08/14/2023
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would make crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
08/14/2023
Sam Bankman-Fried sent to jail after bail revoked
The ‘king of crypto’ has been accused of witness tampering and will now wait for his trial behind bars.
08/11/2023
Revolut prioritises financial inclusion in expansion into LATAM
Current users in Chile have transferred £1.2 million, with an average transaction amount of £800.
08/09/2023
Binance secures license to operate in El Salvador
Binance, the crypto exchange, has been granted full license to operate in El Salvador.
08/09/2023
Elixirr partners with US-based generative AI platform
Businesses around the world are optimistic about their prospects in the coming months, as many hope to see investments in new AI technology pay off.
08/09/2023
Why Apple stock is on the brink of a 10% correction
During this span, Apple has seen a loss of $255 billion in market value.
08/09/2023
Fed extends remit to cover 'novel' technology-driven risks
The programme will take a deep dive into embedded and open banking partnerships where a non-bank serves as a provider of banking products by using APIs that provide automated access to the bank’s infrastructure.
08/09/2023
ForwardLane debuts generative AI platform for wealth management
From an IT and Cybersecurity standpoint, the EMERGE platform resolves some of the biggest enterprise challenges today
08/08/2023
Tabit and Jifiti team on embedded lending proposition for Canadian B2B
The solution is powered by Jifiti’s robust embedded lending platform and white-labeled for the merchant.
08/07/2023
Thought Machine expands to Latin America with Chilean lending platform Cordada
“Delivering a new era in SME funding for Latin American businesses.”
08/07/2023
SEI Enhances Personalized Investor Experience with Values Questionnaire and Reporting Solution
New Applications Help Advisors Connect Investors to What Matters Most