5ire Raises USD 100 Million in Series A Funding at Valuation USD 1.5 Billion, Turns Unicorn

An overwhelming majority of enterprise organisations would be better supported by higher levels of IT process maturity, according to new research by client-side IT advisory CloudStratex.

Partnerships 

Blockpass and BlockOn Capital Partner over India Blockchain Week

Crypto firm Coinbase has been granted approval by Italy's financial regulator to operate as a crypto assets service provider.

Stori, a rapidly growing fintech company offering credit card products to Mexico’s underserved population, today announced its latest round of financing of $150 million, which values the company at $1.2 billion.

The Banking Industry Architecture Network (“BIAN”), the independent not-for-profit standards association, today announces two new appointments to its executive board. Eran Agrios, Senior Vice President and General Manager, Financial Services at Salesforce and Tracy Strong, Global Head of Technology Strategy for Personal Banking and Wealth Management at Citi have both joined the executive board effective 10 May 2022.   

D-Wave Systems Inc. (“D-Wave”), a leader in quantum computing systems, software, and services, and the only company building both quantum annealing and gate-based quantum computers, and Mastercard today announced a multi-year strategic alliance to champion the acceleration and adoption of quantum computing solutions.

The International Center for Strategic Alliances (ICSA), organizers of Connected Africa 2022- Africa’s Leading Telecom and Digitization Summit. is all set to go live with the 2nd Edition of the Summit, which is themed around Championing Connectivity in the Digital Era.

The pandemic has been a catalyst for consumers to spend more online and has unlocked an appetite in many to new payment methods. Our research found that 20% of consumers reported that the pandemic has changed the way they think about how they pay for products and services.

Open Banking has taken centre stage in this movement, accelerating innovation within the payments sector and providing forward-thinking businesses of all sizes with a competitive edge.

Global analytics software provider FICO and Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), announced today that they have expanded their partnership to bring lenders the most powerful fraud protection and credit management solutions. These solutions, available in hosted mode from Network International, will help financial services providers expand the digital economy across the region.