Twitter, the popular social media platform, has partnered with eToro, the global investment platform, to bring real-time pricing data and investment opportunities to its users. The partnership allows Twitter to expand its reach and become a platform for financial services, while also connecting eToro to a new audience of potential investors. The collaboration was announced in May 2021 and signals
Quantum computing has emerged as a promising technology with the potential to revolutionize various industries. The financial sector is one such area where quantum computing can bring significant change. Financial institutions deal with enormous amounts of data, and processing this data can be time-consuming and challenging. This is where quantum computing can help. This article discusses the potential of quantum
The introduction of Central Bank Digital Currencies (CBDCs) is at the forefront of global financial discussions. With numerous countries piloting or developing their own CBDCs, and more seeking to explore the potential benefits of these digital currencies, it is clear that the move towards CBDCs is gaining momentum. Among the global powers leading the charge is the Group of Seven
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
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
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
NCR Corporation, a technology company that provides solutions for industries such as retail, finance, and hospitality, is expanding its partnership with fintech Payfare Inc. to offer self-service financial solutions. This partnership aims to enhance the financial capabilities of gig workers in the United States by providing them with secure and efficient financial services that meet their unique needs. NCR has
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
