The perception of the finance industry has long been that established brands are chasing agile challengers. The assumption that challengers don’t have the issue of legacy systems, specifically in relation to customer communication and journeys, however, is no longer accurate. 

IDPartner Systems, a new company that optimizes online identity verification through a network of financial institutions, has secured a $3.1M seed round led by Abstract Ventures, with support from Foundation Capital, Circle Ventures, Firsthand Alliance, Correlation Ventures, Success Venture Partners and Aleo. 

Sumsub today announced it has been chosen winner in the  “Technology Partner of the Year” category at the 2023 ICA Compliance Awards Europe.

The finance industry is one of the most heavily regulated in the world, especially when it comes to data protection. So many of those with responsibility for a business’s technology could be forgiven for constantly looking over their shoulders, the vibe being more to protect the business, than looking ahead to enable it.

The NEAR Foundation today announced NEAR Horizon, an accelerator revolutionizing how founders are supported in Web3. NEAR Horizon will enable founding teams to scale their project with the support they need, increasing the number of founding teams building great products with real-world value, on the NEAR Protocol.

iDenfy, the global identity verification, compliance, and fraud prevention company, partnered with Artfinder, the D2C e-commerce B Corp-certified site to shop and sell original artwork. The duo will ensure a secure environment for the artists on Artfinder, who’ll be asked to complete a speedy ID verification at sign-up. 

Paysend, the international payments platform and card-to-card pioneer, today released a short film produced by for them by BBC StoryWorks Commercial Productions, to uncover the challenges surrounding financial inclusion in Latin America.

CryptoUK, the trusted voice of the UK crypto industry, has today published a detailed response to His Majesty’s Treasury’s (HMT) Future Financial Services Regulatory Regime for Cryptoassets consultation paper.

Consultation proposals included strengthening rules for crypto trading platforms and a robust world-first regime for crypto lending. The consultation began in February and will close on 30 April, after which, the government will consider feedback and work to set out its consultation response.

CoinDesk Indices, the leading provider of digital asset indices by AUM since 2014, in partnership with CoinFund, a leading Web3 and crypto-focused investment firm and registered investment adviser, today announced CESR, the composite ether staking rate.