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CoreChain and Odoo partner to embed B2B payments and financing for SMBs

CoreChain Technologies, the first B2B payments network built on blockchain, announced that it has partnered with Odoo, a leader in open-source all-in-one business software, to provide embedded B2B payments and financing for Odoo’s ecosystem of eight million users. The CoreChain...

JP Morgan, Citi, BNP Paribas, Barclays and Lloyds invest in RiskTech Acin

Acin, the global operational risk control data network has closed $24 million in Series B funding from a consortium of industry-leading banks, comprised of JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group. Existing investors including Notion Capital,...

Bank of Italy taps Algorand blockchain platform for Digital Sureties project

The Bank of Italy has selected Algorand to serve as its public blockchain platform. The platform, due to launch early next year, will be the first time an EU member state uses blockchain technology for bank and insurance guarantees. CETIF...

China Keeps The Lending Rates Consistent For Fourth Month

For the fourth consecutive month, China held its benchmark lending interest rates steady on December 20, as predicted by the majority of market observers, who still anticipate additional monetary easing to support a faltering economy. The five-year LPR was maintained...

Ever-Increasing Cyber Insurance Rates and Possible Solutions

As per an industry expert in cyber security, small and medium-sized enterprises (SMEs) may be priced out of purchasing cyber insurance in 2023 as rising premium costs will continue to be an ongoing problem for the cyber insurance industry...

European CyberTech Startup Deal Volume to Fall 12% In 2022

For the third quarter of 2022, there were a total of 13 CyberTech seed agreements in Europe, a 41% decrease from the second quarter. In the first three quarters of 2022, European CyberTech businesses announced 44 seed transactions, bringing...

400+ Investors Support African Fintech Till September 2022

In the first three quarters of 2022, there were 414 individual investors in Africa's FinTech market, up 12% from the same period the year before. African FinTech investors took part in 536 investment rounds in total, which is an...

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