Private market exchange ADDX has confirmed that it sold its stake in CYBAVO to US-based Circle Internet Financial Limited, a global financial technology firm and parent company of the issuer of USD Coin (USDC), as part of Circle’s acquisition of CYBAVO earlier this year.

Digital financial services hold great promise as a means to enable financial inclusion and thus help improve people’s lives. However, cybercrime has become a key concern in developing and emerging markets and is threatening to hinder global advances in building a more inclusive digital society.

OKX, the world-leading cryptocurrency exchange, is proud to announce that its Global Chief Marketing Officer, Haider Rafique, has received the Most Influential CMO in Blockchain & Crypto 2022 Award at the Middle East Blockchain Awards (MEBA), which was held in Abu Dhabi on November 18 and concludes Abu Dhabi Finance Week.

Helmut Gottschalk has decided, that after the next Annual General Meeting, due to his age, he will no longer be available for a new term of office as a member of the Supervisory Board and Chairman of the Supervisory Board. For this reason, he initiated an orderly succession process at an early stage.
 

Agent IQ Expands Executive Team Following $10M Series A Funding

Partnerships 

HSBC and Wells Fargo Expand DLT Solution to Include Offshore Yuan

Visa has announced that the current president, Ryan McInerney, will be appointed CEO of the banking giant effective from the 1st of February, 2023.

Current CEO, Alfred F. Kelly Jr., who has been serving as CEO since 2016 and chairman since 2019, will become an executive chairman of the board after leaving the role.

Banks and credit unions should be preparing themselves now for the challenging economic environment ahead. Unlike 2008, this potential recession will be radically different due to the increased supply of cash, rising inflation and interest rates, job openings, and wage inflation. Yet, banks and credit unions can’t afford to make the same mistakes. White Clay outlines three ways financial institutions can rise above challenges, remain resilient, and deliver client and shareholder value.

Cohesity has announced that it is partnering with the ‘who’s who’ of cybersecurity to give customers more ways to win the war against cyberattacks. 

With International Fraud Awareness Week and the holiday shopping season officially underway, analysts and retailers are diving into customers’ shopping habits. But it’s not just legitimate customers retailers need to be aware of, as fraudsters are just as keen on holiday shopping — and they're already hitting online stores.

Here are some of the top trends we're seeing as we enter the peak of the holiday shopping season.