In a remarkable turn of events that melds the worlds of finance, technology, and environmental sustainability, the Berlin-based fintech startup, Cloover, has successfully secured an eye-opening $114 million in seed funding. This capital injection, a combination of debt and equity, is particularly
The fintech landscape in India is on the brink of a pivotal transformation with the Reserve Bank of India's (RBI) finalized guidelines for the creation of a Self-Regulatory Organization (SRO). This move aims to forge a link between the burgeoning fintech sector and regulatory authorities, ensuring
Open banking, a synergistic manifesto born from the union of regulatory vision and market innovation, stands to remodel the financial services terrain in a revolutionary way. This system enables financial institutions to share data safely with sanctioned third-party providers, ushering in a new era
The global banking sector is navigating a transformative phase with open banking gaining prominence as a core component for financial institutions’ future success. A joint report by Sopra Steria and Sopra Banking Software, with insights from Forrester and Ipsos, presents a compelling
With the advent of the digital age has come a surge in identity fraud. Thieves have become increasingly sophisticated in their methods, necessitating more advanced countermeasures. Artificial Intelligence (AI) has emerged as a critical weapon in this ongoing battle, leveraging its capabilities to
In Wakefield, Massachusetts, a new chapter in local energy innovation has been penned with the successful completion of the 230-kilowatt (kW) solar energy project by Ameresco. This ambitious venture, crafted for the Wakefield Municipal Gas & Light Department (WMGLD), is a beacon of progress in the
Bitcoin halving stands as a significant episode in the cryptocurrency realm, profoundly impacting its economy. It's a complex procedure that effectively slashes the rewards for mining new blocks by half. Consequently, this influences the incentives for miners, often reshaping the mining landscape
The automotive industry is embracing a transformative approach by integrating insurance at the point of car purchase, a concept called embedded insurance. Leading this shift, brands like Ford, Jaguar Land Rover, and Tesla are incorporating tailored insurance solutions within the car buying journey,
In the rapidly changing landscape of business, Mastercard is at the forefront of innovation, spearheading advancements with its new commercial card integration into mobile wallets via a virtual card app. This move revolutionizes traditional corporate spending and expense management, reflecting a
If you’re a freelancer, you probably know full well what the benefits of this lifestyle are. You can work from a café in Paris or the comfort of your bed if that’s what you want, and set your own working hours, all while being in control over every aspect of your professional career. However,
