Leading RegTech provider Know Your Customer is proud to announce its latest strategic client wins in Singapore: Volopay and Coda Payments. The double win comes in the context of an unprecedented growth of the digital payments industry in Southeast Asia, which is expected to reach an astonishing USD 1.5 trillion by 2030. Know Your Customer’s innovative compliance platform will streamline
ID.me, the Virginia-based digital identity network, has secured $132 million in a recent funding round led by Viking Global Investors. The investment brings the company’s total funding to $240 million, making it one of the most well-funded identity authentication platforms in the market. The funding round also received participation from other investors such as CapitalG, Morgan Stanley Counterpoint, FTV Capital,
Bitcoin Depot, a US-based Bitcoin ATM operator, has signed an agreement with Jacksons Food Stores that will see the installation of more than 80 Bitcoin ATMs across Idaho, Nevada, Oregon, Utah, California, Washington, and Arizona. The installation is expected to occur in the coming months. The partnership between the two companies will allow Bitcoin Depot users to convert cash into
Cryptocurrency has emerged as a popular and exciting new technology in recent years. It has brought with it new opportunities and possibilities for investment, commerce, and financial transactions. However, with all new technologies come new challenges and concerns, particularly when it comes to issues of safety and security. The cryptocurrency space has been riddled with controversies and scandals, from the
India’s digital infrastructure has come a long way since the launch of the Aadhaar initiative in 2009. The country now boasts a network of interoperable platforms that enable digital identity, payments, and data exchange, collectively referred to as the Digital Public Infrastructure (DPI). This infrastructure has evolved to become a sovereign, self-owned technology stack aimed at providing essential services to
The rise of cryptocurrency as a popular digital money system has greatly benefited from the capabilities of blockchain technology. It provides a secure and decentralized way to store and transfer digital assets without the intervention of intermediaries such as banks. However, as the market for cryptocurrencies continues to grow, so does the risk of theft and scams. In this article,
The rise of digital convenience has paved the way for non-banking financial providers to take giant leaps in the financial services industry. With the purposeful design of their strategies to meet changing customer needs, neobanks, digital payment apps, and other non-banking financial companies (NBFCs) are outpacing traditional banks. In this article, we will discuss the reasons behind this shift in
The world of cryptocurrencies and blockchain technology has taken the world by storm, becoming one of the most innovative industries in the past decade. With the rise of blockchain advancements, investors are seeking out new opportunities to invest in web3 startups. Recently, a new $100 million venture fund has been launched, targeting startups in Asia. This article will delve into
Supply chain management is the process of managing the flow of goods, services, and information from suppliers to customers. Traditionally, supply chain management involves various intermediaries, from manufacturers to distributors, which can lead to a lack of transparency, inefficiency, and increased costs. However, with the introduction of blockchain technology – a decentralized, distributed ledger system – the way supply chains
Cryptocurrencies are gaining more and more popularity worldwide. As a result, crypto wallets have become an essential tool for any investor. When it comes to choosing the right cryptocurrency wallet, two main factors must be considered: security and convenience. Many cryptocurrency holders prefer wallets with high security and anonymity, while others seek comfort and ease of use. It can be
Moon Mortgage, a cryptocurrency lending platform, has launched new products to help crypto investors realize their digital wealth. The company has introduced two new products that allow investors to borrow against their cryptocurrency holdings while still retaining some control of their assets, as well as a core mortgage product that enables investors to use their digital assets to secure funding
In today’s world, international trade has grown to become a major pillar of the global economy. Every year, billions of dollars worth of goods and services are exchanged between countries, creating opportunities for businesses to grow and thrive. However, international trade also comes with its fair share of challenges, chief among them being the issues of security and transparency. Fortunately,
