The internet of things (IoT) is set to change the working lives of huge numbers of finance professionals.

Based on edge computing infrastructure and 5G or high-speed fibre connectivity, the IoT makes it possible for almost any organisation to benefit from AI (Artificial Intelligence) and machine learning (ML) applications processing masses of data. These will supply a stream of real-time data insights that will transform everything from asset utilisation and inventory management to financial reporting.

From pandemics to politics, we live in extraordinary times. Focusing on technology, we find that in less than two decades our collective experience of digital interactions has transformed beyond recognition, fuelled almost exclusively by smartphones.  

2022 has been a tough year for some in the crypto sector and we’ve seen a series of high-profile business in the space collapse. But we shouldn’t allow that to distract us from genuine innovation in the space, and the emergence of sustainable business models built using blockchain technologies.

Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralised manner with no specific headquarters, with regional hubs in strategic markets, and plans to set up more regional hubs in the future. The exchange has also updated its recruitment plan with a new target of 1200 headcount by the first quarter of 2023, increasing its workforce by another 50% from its existing size, to better meet user demand and support business growth.

The TAINA Team is thrilled to have successfully raised another round of funding with the participation from HSBC Asset Management, Deutsche Bank CVC, SIX FinTech Ventures and  Anthemis. 

In Q1 of 2023, TAINA is looking forward to welcoming other Top Tier Global Financial  Institutions as investors and clients, details will be disclosed in due course. 

KoinKoin, the African-focused digital assets exchange, has launched a new app for retail traders to buy and sell digital currencies ultimately using local payment methods. The app intends to connect an even wider audience across the world with access to cryptocurrencies, to empower efficient cross-border remittance, trading and payments.

Zurich-based digital financial services provider, bob Finance, has successfully migrated its full lending portfolio to Mambu’s cloud-native banking platform. This migration included a move to a locally-based Google Cloud.

PPRO, the leading provider of digital payments infrastructure, has announced that it has expanded its coverage of the Portuguese market by integrating MB WAY, Portugal’s leading mobile wallet provider, onto its platform. This development comes as a result of PPRO’s long-standing partnerships with SIBS and Deutsche Bank Portugal.

Trust Payments, a fintech platform specialising in payments and value-added services for businesses, has had a busy quarter, with five new businesses joining its portfolio. These deals will enable platforms, merchants and their customers to benefit from fast cross-border payments and subscription commerce to name a few.

Euroclear is pleased to announce its acquisition of Goji, a leading London-based provider of digital access and technology-enabled solutions to private markets, subject to regulatory approvals.