February 2025 – Page 36

Avast Purchases Canada’s SecureKey Technologies

Digital privacy company Avast has acquired SecureKey Technologies, known for developing Canada's Verified.Me and Australia's ConnectID, a blockchain-based digital identity platform. Avast sees SecureKey's established...

T. Rowe Price Evaluates Avalanche Blockchain Subnet

T Rowe Price Associates and WisdomTree are among the financial services firms currently testing the Avalanche blockchain for the execution of foreign exchange (FX) and...

Danske Bank Unveils Trade AI Application

Ahead of the NextGen Nordics conference on April 27, 2022, we will provide a weekly briefing that highlights key stories emerging from the region, showcasing...

Deutsche Börse Invests €8 Million in Next Gate Tech

The corporate venture capital unit of Deutsche Börse has spearheaded an €8 million investment round in Next Gate Tech, a provider of data management software...

Anonymous Releases 28GB of Data Hacked from the Russian Central Bank

Hacking collective Anonymous has announced the release of 28 gigabits of documents alleged to be obtained from the Central Bank of Russia. News of this...

Singapore Advocates for a Unified Global Strategy in Fintech

In a recent fireside chat with the Monetary Authority of Singapore (MAS), Chief Fintech Officer Sopnendu Mohanty discussed the financial landscape in Singapore and the...

FCA Reports 50% Increase in Serious Cyber Incidents Among UK Companies

In 2021, the UK's Financial Conduct Authority (FCA) reported a significant increase of over 50% in cyber incidents, with one in five involving ransomware. The...

Iress to Cut Global Workforce by 10% as Part of Significant Restructuring Efforts

Financial technology firm Iress is set to reduce its workforce by ten percent as part of a restructuring initiative that includes a leadership overhaul and...

Effectiv Secures $4 Million for Fraud Management Platform Development

Effectiv, a US startup that offers a no-code risk management platform tailored for mid-sized banks, credit unions, and fintechs, has successfully raised $4 million in...

Apple Aims to Handle Payment Processing Internally

Apple is taking steps to develop its financial services capabilities by bringing various processes in-house, aiming to reduce reliance on external fintech partners, as reported...