Quant, the blockchain for finance pioneer, has secured a new patent, part of its ongoing mission to make distributed ledger technology simple, trusted and future-proof.

The patent, titled ‘Blockchain Communications and Ordering’, recognises that Quant has invented a unique method for chronologically ordering transactions from different blockchains.

Today CoinFund, a leading web3 investment firm, announces the appointment of experienced transactional attorney Dilveer Vahali as Head of Venture Legal. In his new role, Dilveer will drive CoinFund’s legal deal strategy and execution, and serve as a resource to CoinFund’s nearly 90 active web3 venture investments.

iDenfy, the Lithuania-based RegTech startup offering AI-powered identity verification and fraud prevention tools, announced partnering with Umazi, the UK-based global cross-industry due diligence platform for automating enterprise identity verification. With the implementation of iDenfy's KYC and KYB software, Umazi aims to elevate its due diligence processes to the highest standards possible within the SME market.

Banking industry investment into early-stage AI companies is being dominated by five US banks, according to new research into industry-wide AI innovation from AI benchmarking & intelligence platform Evident. 

In the wake of the latest Intergovernmental Panel on Climate Change (IPCC) report, which delivered a “final warning” on the climate crisis as “a code red for humanity” earlier this year, the time for sustainable net zero or even net negative global CO2 emissions is now to ensure a sustainable future before it’s too late.

European Depositary Bank (“EDB”), the Luxembourg-headquartered provider of banking, depositary and custody solutions, today announces its appointment by Aarna Capital Limited to deliver Digital Banking solutions.

Aarna Capital is a multi-asset brokerage firm, operating from Abu Dhabi Global Markets (“ADGM”) and offering customers access to futures, options, FX, Bullion, equities, CFDs and fixed-income products.

AlHuda Centre of Islamic Banking and Economics (CIBE) a consultancy and advisory company for the development of Islamic finance industry with continuation of its legacy hosted an exposure visit of the Executive Management of National Bank of Ethiopia in Malaysia.  It was the combination of Executive Training for the Regulators and exposure of practices in a well-established market.

Liminal, a leading provider of wallet infrastructure and custody solutions, proudly announces the launch of its comprehensive compliance solutions suite, now featuring seamless integration with Notabene's renowned Travel Rule solution. This strategic collaboration aims to revolutionize the way businesses manage regulatory compliance in the digital asset industry.

Alipay+, which provides a suite of global cross-border digital payments and marketing solutions, today announced the launch of Premier Partner Program across the world as a major innovation on destination-focused and mobile-native marketing operations.

During the launch phase, the program has attracted some 30 top Asian retailers including Daimaru Matsuzakaya Department Store and Shilla Duty Free to become the first Alipay+’s premier partners.

Now that the first draft of the proposed PSD3 regulation has been released, there is a significant amount of interest in data sharing between banks and third-party organisations. PSD3, in its current guise, raises several questions around its impact on online credit card payments, fraud, and conversion rates. Yes, the draft proposal addresses four problems, but disappointingly, it fails to describe how it would improve 3DS.