Large-format retailer and finance company named finalist in the “Best Example of Customer Implementation of Embedded Finance” category
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CaixaBank's IT team is set for a fraught weekend as it begins its technological integration with recently-acquired Bankia, unifying the computer systems of both banks as well as the data stored on them.
CaixaBank received the greenlight from regulators in March to buy state-owned lender Bankia for EUR4.3 billion, creating Spain's biggest domestic bank. Now, it is gearing up for the largest technological integration seen in the country's financial system.
Stori, a Mexican fintech bringing credit cards to the country's middles class, has raised $125 million in a Series C funding round, adding another $75 million in debt financing.
Trulioo report identifies qualities needed for compliance, risk and IT security professionals to build online trust and create a sustainable digital ecosystem
87% of organizations report digital identity is increasing in importance
73% of compliance, risk and IT security professionals say it’s extremely important that organizations up-level standards for building trust
One of the key problems for owners of cryptocurrency and their heirs is the inability to gain access to their digital assets for technical (lost codes) or physiological reasons (the death of the owner). According to estimates by the New York Times, crypto wallets containing more than USD 140 billion in assets were blocked for these reasons as of the beginning of 2021. When a businessperson working in cryptocurrency markets dies suddenly, it is often not only their loved ones who suffer but also their clients.
Investors in specialist bridge financing fund, Whitehall Capital are now able to hold their assets in a tokenised form and trade units with other investors
Scale-ups from 11 countries including Switzerland enter into 50 pilots and commercial projects with renowned Swiss companies and institutions
Digitalization and sustainability are becoming strong drivers of innovation
The Singapore FinTech Festival 2021 (SFF) held from November 8 to 12 in Singapore was attended by representatives of over ten top FinTech companies for the discussions on "Web3.0" and how FinTech companies can contribute to the post-pandemic era. Justin Sun, founder of TRON, attended the event and delivered a keynote speech on "Web3.0".
Partnership strengthens efforts to provide people and families with a safe digital environment.
Global cyber security provider F-Secure has joined the Internet Watch Foundation (IWF), a charity dedicated to the eradication of online child sexual abuse imagery. Joining the IWF strengthens both organizations’ efforts in protecting children by allowing them to capitalize on one another’s unique capabilities.
Sovcombank has placed an issue of perpetual subordinated Eurobonds in the amount of USD 300 million with an annual coupon of 7.6%. With strong demand for the Bank’s securities from Russian and foreign investors, the issue was three times oversubscribed. The Bank will use the proceeds to optimise its capital structure for further business growth.