Feed Items
Video Rebirth, a Singapore-headquartered artificial intelligence video startup, has raised $50 million to develop software aimed at professional content producers, shifting away from consumer-grade generative tools that have dominated the market. The company did not disclose its valuation or identify investors, describing them only as... Read More
Starting this month, digital assets platform Kraken is partnering with BSO in order to deliver a so-called purpose-built ultra-low-latency (ULL) connectivity route between Tokyo and London. Intended for institutional clients and market makers, this route provides a “dedicated” private connection with round-trip latency “under 140... Read More
Stripe-backed Tempo has announced its first venture focused move with a $25 million investment in cryptocurrency infrastructure firm Commonware. As part of the latest transaction, the stablecoin-powered blockchain, Tempo, being developed by venture firm Paradigm and payments Fintech Stripe, will leverage the Commonware Library. It... Read More
Global fintech Wise Plc (LON:WISE) remains committed to its business expansion plans in the United States. The financial technology company, known for its relatively low-cost international money transfers, is pressing forward with two pivotal strategies: securing approval as a national trust bank and introducing a... Read More
DailyPay, a provider of on-demand pay and financial wellness solutions, has named Nelson Chai its new CEO. Chai brings more than three decades of leadership experience in top executive posts at companies including Uber, where, as CFO, he led the company’s IPO. He also previously served as... Read More
At Binance, they claim to believe that the next wage of financial as well as ongoing technological evolution hinges on collaboration between the private sector and forward-thinking governments. Consistent with these objectives, Binance announced a milestone in this direction: their partnership with the Government of... Read More
The research team at BitMEX has recently commented on why the Bitcoin (BTC) price is crashing. The digital assets firm pointed out that the prevailing narrative is now everywhere: “This time is different.” With spot exchange-traded-funds or ETFs and considerable institutional flows, many now seemingly... Read More
Major banking institutions are now reportedly calling for the European Union to rethink the Digital Euro. According to media reports, there are now at least 14 large banks asking the EU reexamine its digital euro roll-out strategy. The European Payments Initiative (EPI Company) has now... Read More
KPMG UK has recently shared commentary on the latest Bank of England rate decision. As widely reported and anticipated, The Bank of England has decided it will keep rates on hold as it awaits the Budget, noted Yael Selfin, Chief Economist at KPMG UK. Yael Selfin of... Read More
Axiom GRC, a governance, risk and compliance (GRC) platform, has acquired IS Partners, a provider of cyber assurance and compliance services. The deal represents Axiom’s first U.S.-headquartered acquisition. IS Partners provides recurring audits to approximately 600 customers, covering key frameworks such as SOC 1, SOC... Read More