Financial technology firm, Multis today announced that the company has raised $7 million in a funding round led by Sequoia Capital.

Priorities are shifting, with growing emphasis on endpoint detection and response (EDR) software and multifactor authentication (MFA), a recent survey of IT professionals shows.

Open banking is a topic that can no longer be ignored, with the vast majority of financial institutions expecting the biggest changes in the next five years. The opportunities presented by open banking are huge. Banks connect the dots and develop insightful customer journeys; tap into an exceptionally broad marketplace; integrate with third-party services; and […]

A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.

Deal enhances Cygna Labs’ intellectual property by adding third-largest DDI vendor to product portfolio and transforms Diamond IP into a standalone software vendor

(PRWeb February 17, 2022)

Read the full story at https://www.prweb.com/releases/cygna_labs_signs_a_definitive_agreement_to_acquire_diamond_ip_from_bt/prweb18504677.htm

Hats off to VMWare for not using weasel words: "When should you act?" Immediately...

Wise, a popular British fintech firm formerly known as TransferWise, has today announced plans to hire 150 employees to occupy its Singapore office this year.

The biggest misconceptions about artificial intelligence are that it’s too advanced, costly, and complex for teams to integrate and manage successfully. People tend to think of AI in terms of large machinery or a C-3PO type robot, but AI technology mostly exists behind the scenes on cloud or software platforms, which can make it quite simple to deploy. Over the past decade, advances in cloud computing and data availability have made AI technology available to more organizations than ever before. Quavo was the first Fintech to identify AI opportunities for fraud and dispute resolution processes. Not […]

Jobs in Canada and Japan!

The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build up financial pyramids,” he said. Hungarian Central Bank Chief Wants EU-Wide Crypto Trading and Mining Ban The Hungarian National Bank, the central […]

Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they discuss the latest inflation report, oil price volatility (recorded before Friday’s reports that US expects Russia to invade Ukraine), and Bitcoin.  They also discuss what the week ahead has in store for […]

Wall Street has an inflation hangover as higher rates continue to drag tech stocks down.  US stocks were trying to stabilize as yields came in. Yesterday’s inflation shocker has many bond traders believing the Fed is behind the curve and will be delivering several rate hikes.  Many Fed members feel inflation will meaningfully decelerate later […]