55% of Crypto Companies Plan to Increase Identity Verification Budget, Sumsub Research Finds
- 1 year 10 months ago
- Digital Identity
Sumsub, a global identity verification software provider, today published State of Identity Verification in the Crypto Industry. This is the first-ever study of verification practices among crypto businesses, combining remote verification statistics coupled with expert insights into regulatory compliance and the future of identity verification.
OneID is Now a Certified Digital Identity Service Provider (ISP) Under the UK Digital Identity & Attributes Trust Framework (DIATF)
- 1 year 10 months ago
- Digital Identity
OneID® has today announced that it is now a certified Digital Identity Service Provider (ISP) under the UK Digital Identity & Attributes Trust Framework (DIATF), becoming the first provider with a 100% digital process to achieve this certification.
Telangana Chief Minister Shri Chandrashekar Rao Kalvakuntla Felicitates SaaS Fintech Zaggle’s Senior Leadership at the New T-Hub Facility Inaugural Ceremony
- 1 year 10 months ago
- SaaS
Telangana Chief Minister Shri Chandrashekar Rao Kalvakuntla felicitated SaaS Fintech Zaggle’s senior leadership
Societe Generale - FORGE Partners with METACO to Expand its Institutional Digital Assets Capabilities
- 1 year 10 months ago
- Cryptocurrencies
Societe Generale - FORGE (SG - FORGE), a fully integrated subsidiary of Societe Generale, providing issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, a market-leading provider of digital asset management technology and infrastructure, to orchestrate its digital asset custody operations.
René Lange Strengthens SWK Bank's Banking as a Service Division
- 1 year 10 months ago
- People Moves
René Lange will start as Vice President of Business Development at the direct bank SWK Bank, Bingen is Rhein, on July 1. In this newly created role, Lange will be responsible for developing and expanding sales of SWK Bank's Banking as a Service offering. Lange comes from Berlin-based Hypoport SE, a network of technology companies for the credit, real estate and insurance industries.
Security in B2B commerce: Dangers of Ransomware and Cyberattacks in Digital Commerce
- 1 year 10 months ago
- Security
For e-commerce sites, hackers and cyberattacks will always be a risk to the job. For thieves and their technical know-how, e-commerce sites are gold mines of personal and financial data. In addition to this, for businesses of all sizes, the cost of a breach both in loss of data and customer trust can be hugely damaging.
Customers Demand More from Banks as Cost-of-living Crisis Bites
- 1 year 10 months ago
- Banking
As inflation and living costs hit record levels across the globe, people are calling on their banks to better support them through the cost-of-living crisis.
SambaNova research: 78% of UK Financial Services Leaders Struggle to Keep up with AI Tech Amidst Ongoing Talent Shortage
- 1 year 10 months ago
- Artificial Intelligence
SambaNova Systems, the company delivering the industry’s only comprehensive software, hardware, and solutions platform to run AI and Deep Learning applications, today announces the results of new research into AI adoption within financial services organisations in the UK. The study of enterprise leaders sought to understand the challenges when delivering AI-based solutions during a period of accelerated change and transformation.
DFSA Takes Action to Protect the Integrity of Islamic Finance
- 1 year 10 months ago
- Islamic Finance
The Dubai Financial Services Authority (DFSA) withdrew the Authorised Individual status and imposed a restriction on Trevor Conway, a Senior Executive Officer at a DFSA-authorised firm (Firm), following an investigation into his conduct in relation to the Firm’s Commodity Murabaha Broking Desk (the Desk).
FTX Nears $25million Bargain Deal for BlockFi
- 1 year 10 months ago
- Fundraising News
CNBC reports that less than a year after raising capital at a valuation of $3 billion, bitcoin player BlockFi is on the verge of being acquired by FTX for as little as $25 million. Friday could see the signing of an agreement before the end of the quarter, according to sources cited by CNBC. Only days earlier, FTX had provided BlockFi with an emergency $250 million line of credit.
Payments Specialist Kenswitch Appoints Karimi Ithau as Managing Director
- 1 year 10 months ago
- People Moves
Kenswitch, the leading Payments Service Provider (PSP) in Kenya, has appointed Karimi Ithau as its new managing director, replacing George Wainaina who left a few months ago. Ithau previously served as the head of the sales network at Interswitch for the last five years prior to the new role.
Global Payments Platform Transact365 Announces 300% Year-on-year Growth
- 1 year 10 months ago
- Payments
Transact365, a UK-based global payments platform powering merchants across the globe, has recorded 300% year-on-year growth in its third year of European operation. Founded in 2017, Transact365 offers a global payments solution platform for merchants across the world in leading industries. Headquartered in London, Transact365 now works with over 800 merchants to access e-commerce opportunities in five continents through local payment processing...
NatWest Launches Digital Carbon Planner to Help UK Businesses Manage Future Fuel and Operational Costs
- 1 year 10 months ago
- Banking
NatWest has today announced the launch of its Carbon Planner, a free-to-use digital platform designed to help UK businesses manage their future fuel and operational costs, and reduce their carbon footprint to help them go and grow greener.
UK Unicorn Zilch Extends Series C by $50M Bringing Total to $160M
- 1 year 10 months ago
- Fundraising News
Zilch, the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise for its Series C to $160m. The extension brings Zilch’s total funding to more than $460m in debt and equity and sees the fintech company maintain its valuation.
Over a Quarter of Europeans Use Bank Branches just Once a Year
- 1 year 10 months ago
- Banking
Analysis from leading global management consulting firm Kearney has found that 21% of Europeans in 2022 never visit a bank branch and carry out their banking remotely – a figure that almost doubled in the pandemic, rising from 12% in 2019.
