Bitcoin and other cryptocurrencies fell on Tuesday as investor confidence worsened, and analysts expected a different dip. Losing $2 trillion in crypto market cap over months "underscores the necessity for greater regulation," the FPC stated.

What is happening to Bitcoin?

The massive surge in cybercrime, the ever-increasing number of threat vectors, and a critical skills shortage have left organisations feeling more vulnerable to cyberattacks than ever before. With exponentially more ransomware incidents being reported than there are skilled cybersecurity professionals available, progressive businesses are looking to Artificial Intelligence (AI) and Machine Learning (ML) to close the gap.

LenDenClub, RBI registered NBFC-P2P, India's largest peer-to-peer lending platform, announced the appointment of Ashish Jain as its new Chief Business Officer - Investments. Ashish brings over two decades of market-honed experience across diverse businesses such as FMCG, Mutual Funds, and Banking in the product, business development and sales domain, driving to achieve organizational goals.

WonderLend Hubs, a NoCode PaaS solutions provider has raised USD 1.6 million in a Seed Round led by Inflection Point Ventures.

The certified identity verification, fraud prevention and compliance company, iDenfy, announced a new partnership with IPRoyal, a wide-range proxy service provider. iDenfy will be responsible for verifying customers' identities through its biometric ID verification implementation on IPRoyal’s network. 

Sector analysis of the results from a major database monitoring survey has revealed how and why the growth, complexity, and management of database estates in Financial Services are different to other industry sectors. The results clarify the area's businesses in the sector should consider when including their database estates in digital transformation initiatives.

tell.money, the fintech solution that delivers innovative and rapidly deployable open banking services for banks and other account providers, is in line to be awarded The Leading Financial Services or Payments Start-Up in the 2022 Pay360 Awards.

Founded by former Tuxedo CEO David Monty, tell.money has rapidly established itself as a leading embedded finance solution for both legacy banks and fintech challengers.

nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that 

Sumsub today announced it has launched its identity verification solution on Salesforce AppExchange, empowering customers to smoothly onboard and verify their global users. Founded in 2015, Sumsub provides an all-in-one technical and legal toolkit to cover KYC/KYB and AML needs. It offers a powerful platform for converting more customers, speeding up verification, reducing costs and fighting digital fraud.

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges. Today, TIBCO announced the release of TIBCO® ModelOps, which enables businesses to deploy AI models faster, from anywhere to everywhere, safely and at scale.