An odd paradox exists in the way capital moves around the world — or doesn’t — from developed to developing countries.

A few specific technology hurdles halt the flow of money, at the personal level, from transferring wealth to and investing in emerging markets. Issues with ledgers of exchange, unique identifiers, transfer costs and points of access all impact capital flows across borders.

Innovative firms have made strides developing solutions for each, but a comprehensive technology answer still remains to be found.

 Federated Wireless, Inc., a developer of cloud-based wireless infrastructure solutions to extend the access of wireless cellular networks, today announced that its agreement with Google, Intel, Nokia, Qualcomm and Ruckus Wireless to develop, market and promote solutions using the 3.5 GHZ Citizens Radio Broadband Service (CBRS) band has been formalized with the official incorporation of the CBRS Alliance.

Blockchain Foundry Inc. ("Blockchain Foundry" or the "Company") announces its establishment as a leading developer of blockchain solutions for businesses and individual consumers. The Company provides blockchain solutions using several of the most developed and robust blockchain technologies, with plans for its product offerings to be interoperable between these different blockchain technologies.

OpenMarket, a leader in enterprise mobile engagement, today announced the launch of its new Global SMS Dashboards and Reporting Service. Designed to allow enterprise customers to easily measure and track business outcomes and make data-driven decisions, OpenMarket's web-based reporting service allows enterprises to manage, develop and grow successful SMS messaging programs globally.

Today, Scoro, the work management software solution for professional and creative services, announces that it has closed a $1.9 million seed funding round from SmartCap, Inventure, and Alchemist Accelerator.

Scoro will use the funding to accelerate the development of its automation features and integrations with other business tools. It will also help Scoro to expand its sales and support teams across its five international offices.

SimCorp announced that it has signed a license agreement with Belfius, a large banking and insurance group fully owned by the Belgian federal state. Belfius is among the top four leading banks in Belgium and serves approximately 3.5 million customers, offering commercial activities in three main fields: retail and commercial banking, the public and corporate sector, financial services and insurance.

AppNexus announced the launch of Advanced Deal Metrics and Bid Error Report, two features that enable publishers and advertisers to identify and remediate deficiencies associated with their Deals and Real-Time Bidding (RTB) strategies. The new tools empower ecosystem partners to reduce friction associated with programmatic buying and selling, cut time spent troubleshooting and unlock revenue lost on rejected bids.

The Board of root9B Technologies has approved a series of actions that will shift the organization to a "pure play" cybersecurity company and will seek shareholder approval for a reverse stock split.

Joe Grano, Chief Executive Officer of root9B Technologies, has received approval from the Board of Directors to pursue shareholder approval to commence a reverse stock split in order to uplist the company's shares. 

WhiteHat Security announced that n11.com, the leading e-commerce site in Turkey, has selected WhiteHat Sentinel Source, the company's static application security testing (SAST) solution, to ensure security is addressed early in the software development lifecycle (SDLC).

Mogo Finance Technology Inc. (TSX: GO) ("Mogo") announcedthe launch of its new Mogo®Account and iOS mobile app, setting a new standard for what consumers expect in a digital banking experience. With a three-minute account opening experience and instant access to three innovative products, including a free credit score1, the first free credit score in Canada that will be available with free monthly updates, Mogo has achieved a major milestone on its quest to build the best digital banking experience in Canada.