Tracebit, a leading cybersecurity firm renowned for its innovative approach to combating cyber threats, has recently secured $5 million in seed funding. This financial milestone promises to significantly advance Tracebit's mission of making advanced cybersecurity measures accessible and
In the wake of the recent data breach at Evolve Bank, which exposed the personal and financial information of Affirm cardholders and potentially other customers, vigilance has become a necessity for those affected. This incident is a glaring example of the vulnerabilities faced by financial
The cryptocurrency market recently endured a significant event that sent shockwaves through traders and investors alike. Bitcoin and Ethereum, two of the most critical assets in the cryptocurrency space, faced substantial liquidations as their prices plummeted, leading to widespread financial
The healthcare industry is increasingly vulnerable to cybersecurity threats, as evidenced by a recent breach at HealthEquity. This incident underscores a broader trend of escalating cyberattacks across various sectors. Concurrently, the financial landscape is undergoing a transformation with the
The Decentralized Finance (DeFi) market is undergoing a significant transformation, characterized by robust growth and expanding applications across various sectors. According to SkyQuest Technology, the DeFi market was valued at USD 22 billion in 2022 and grew to USD 23.99 billion in 2023. With an
The cryptocurrency market has been turbulent recently as Bitcoin experienced a notable decline of 3.38%, dragging its value down to $60,780 and impacting its market capitalization, now at $1.19 trillion. This decline comes as a surprise to many investors and stakeholders, who have been closely
The global fintech blockchain market is on the verge of witnessing a remarkable transformation, driven by revolutionary blockchain solutions that promise to enhance transaction speed and security. Forecasts suggest an astounding surge, with the market's value expected to skyrocket from $2.2
FiVerity has unveiled its innovative Identity Trust Management platform, fundamentally changing the landscape of identity verification and fraud prevention for community banks and credit unions. This groundbreaking solution introduces an advanced electronic framework to enhance consumer trust,
The landscape of Anti-Money Laundering (AML) compliance is undergoing a transformative shift, powered by the integration of Artificial Intelligence (AI) and big data analytics. With the escalating nature of financial crimes and intensified regulatory requirements globally, financial institutions
Acquisitions in the financial sector often capture widespread attention due to their potential to reshape market dynamics and corporate strategies. Such is the case with the recent acquisition of Funding Circle’s US operations by iBusiness Funding. This article explores the key motives behind this s
