PiLab recognized for Emerging Technologies in Banking, 2023

PiLab Technology, a leading South Korean startup specializing in blockchain services, has been listed as a Sample Vendor in the Gartner® “Hype Cycle™ for Emerging Technologies in Banking, 2023” report in the Decentralized Finance (DeFi) category. We believe PiLab is recognized for improving interoperability in the DeFi ecosystem notably by running its cross-chain lending protocol BiFi, backed by its very own mainnet, the Bifrost Network, an EVM-compatible Layer 1 blockchain. “We are thrilled to have been included in...

Insurance Quantified Acquires Groundspeed Analytics

Insurance Quantified, a leading commercial P&C underwriting technology provider, announced it has acquired Groundspeed Analytics, the market leader in ingestion and data solutions for the commercial P&C industry. The combination strengthens Insurance Quantified’s market leadership in underwriting technology and furthers its mission to maximize the value of data for commercial P&C insurers. Both companies have made great strides introducing technology that enables faster, more informed underwriting decisions. Together, the united technology capabilities, market success, and committed...

Liquid Mercury Onboards LaunchPub For Liquid Mercury Plus

Liquid Mercury, a leading trading technology provider, announced today they have onboarded LaunchPub as the first client for their new Liquid Mercury Plus trading technology and custody solution. This will provide LaunchPub’s exclusive community members with access to professional trading tools for digital assets and cryptocurrencies. Liquid Mercury Plus will offer the LaunchPub community the best-in-class access to OTC liquidity, which has typically been reserved for institutional traders, combined with a world-class custodial solution from...

Wealthcare Acquires Sommers Financial Management

Wealthcare Advisory Partners LLC (“Wealthcare” or the “Company”), a technology-enabled full-service RIA that supports independent financial advisors and a NewSpring Holdings platform company, today announced the acquisition of Sommers Financial Management (“Sommers Financial”). This deal marks Wealthcare’s third RIA acquisition in the past six months and expands the Company’s presence in the direct advisory market. With advisors in Scappoose, OR, and Tucson, AZ, Sommers Financial was founded in 2002 and advises on more than $100 million in assets under management...

CLOWD9 Partners With Netcetera to Help Combat Global Payments Fraud

CLOWD9, the world’s first cloud native and decentralized payments processing platform has partnered with Netcetera, a global software company for secure and convenient digital payment solutions, as its payment security provider. CLOWD9 will use its 3-D secure issuer service for transaction authentication and Access Control Server (ACS). Netcetera operate a multi-client capable 3-D secure issuer service with a state-of-the-art Access Control Server as a core component, which is used by more than 200 banks and...

Alipay+ promotes QR code connectivity

AlipayHK users are now able to pay for their metro rides in Shenzhen using their local app, as China begins to optimize regulations on travel between mainland and Hong Kong on Jan 8; South Korea’s Kakao Pay and Malaysia’s Touch ‘n Go eWallet are among Asia’s e-wallets that have gained wide acceptance in the Chinese mainland ahead of the Hangzhou Asian Games Alipay+, a provider of global cross-border digital payment and marketing solutions, is striving...

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