Search Results for: financial system

Financial Services and Insurance Sectors Go All in on Observability to Improve Digital Customer Experiences
Finance Fintech News

New Relic Releases ‘State of Observability for Financial Services and Insurance’

Fintech News Desk
Financial services and insurance organisations are more likely to achieve full-stack observability in the race to modernise their tech stack and deliver innovative services to customers New Relic, an observability platform for engineers, announced the findings of its State of Observability for Financial Services and Insurance report, which focuses on......
MicroAlgo Developed QSDLT to Provide a More Secure Foundation for Bitcoin and Other Cryptocurrency Systems
Cryptocurrency News

MicroAlgo Developed QSDLT to Provide a More Secure Foundation for Bitcoin and Other Cryptocurrency Systems

PR Newswire
MicroAlgo Inc. developed QSDLT to provide a more secure foundation for bitcoin and other cryptocurrency systems MicroAlgo announced the quantum shield distributed ledger technology (QSDLT), designed to provide a stronger, more secure foundation for Bitcoin and other cryptocurrency systems. In traditional blockchain systems, security relies heavily on cryptographic algorithms based on public key cyphers.......
CI Financial Reports Total Assets of $438.0 Billion for November 2023
Finance Fintech News

CI Financial Reports Total Assets of $438.0 Billion for November 2023

Business Wire
All financial amounts in Canadian dollars unless stated otherwise. CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $438.0 billion as at November 30, 2023, consisting of asset management assets of $122.8 billion, Canadian wealth management assets of $86.1 billion, Canadian custody assets of $24.8 billion, and......
First American Financial Corporation Provides Update on Cybersecurity Incident
Finance Fintech News

First American Financial Corporation Provides Update on Cybersecurity Incident

Business Wire
First American Financial Corporation has experienced a cybersecurity incident. In response, the company has temporarily taken certain systems offline and is working to return to normal business operations as soon as possible Fintech Insights: Hyper-personalization in Banking: The Tech Journey to Serving a Segment of One First American Financial Corporation is......
AQUAE Unveils Sustainable Finance Ecosystem at COP28 UAE
Finance Fintech News

AQUAE Unveils Sustainable Finance Ecosystem at COP28 UAE

Fintech News Desk
With a holistic approach to sustainable finance, AQUAE introduces an innovative ecosystem that not only advances the sustainable development goals (SDGs) but also plays a vital role in preserving biodiversity through the creation of bankable and insured digital sustainable-based assets of biodiversity credits. AQUAE, an ecosystem utilising blockchain and artificial......
DeFi Technologies Announces Strategic Acquisition of Leading Solana Trading Systems IP
News Trading

DeFi Technologies Announces Strategic Acquisition of Leading Solana Trading Systems IP

PR Newswire
The IP acquired by DeFi Technologies encompasses a suite of sophisticated features including advanced liquidity provisioning, innovative trading strategies and technologies, along with the distribution, management, and analytics of decentralised financial data. DeFi Technologies, a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised......
EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness
Fintech News

EY Survey: AI Adoption Among Financial Services Leaders Universal, Amid Mixed Signals of Readiness

PR Newswire
One in five are not confident that their organizations are well-positioned to take advantage of the potential benefits AI might bring Ernst & Young LLP (EY US) released its 2023 Financial Services GenAI Survey. Nearly all (99%) of the financial services leaders surveyed reported that their organizations were deploying artificial......
OrangeX Unveils $5 Million Innovation Fund, Accelerating Support for Bitcoin Ecosystem Growth
Cryptocurrency News

OrangeX Unveils $5 Million Innovation Fund, Accelerating Support for Bitcoin Ecosystem Growth

PR Newswire
OrangeX, a global cryptocurrency exchange, is proud to unveil its $5 million Innovation Fund. Designed to bolster the Bitcoin ecosystem and propel blockchain innovation, the Fund’s core focus is on investing in promising projects within the Bitcoin ecosystem, including Ordinals Protocols and BRC-20 standard tokens. In the dynamic landscape of the evolving Bitcoin......
Canapi Ventures Announces $750 Million Fund II to Power the New Financial Services Economy
Fintech News

Canapi Ventures Announces $750 Million Fund II to Power the New Financial Services Economy

PR Newswire
Fund II represents a 15% increase in funds and a near-doubling of the Canapi Alliance from firm’s Fund I Canapi Ventures (“Canapi”), the fintech venture capital fund backed by nearly 70 financial institutions and strategic investors across the United States, announced the raise of a $750 million Fund II. Canapi is backed by......
Nubank Cripto Integrates Talos's Smart Order Routing System to Reduce Trading Costs
Cryptocurrency News

Nubank Cripto Integrates Talos’s Smart Order Routing System to Reduce Trading Costs

PR Newswire
Partnership makes access to liquidity providers even more efficient, offering better buying and selling prices in Brazilian reais for cryptocurrencies in the Nu app In another step towards developing the cryptocurrency trading platform Nubank Cripto, Nubank announced its integration with Talos, the premier provider of institutional digital asset trading technology. With this......
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