Spanning over 90% of digital consumers across 227 countries and territories, the Prove Identity Graph brings together deterministic, privacy-preserving technology to deliver trust and frictionless experiences for billions of verified individuals worldwide. Tackling Digital Friction and Fraud The global digital economy loses billions each year due to customer drop-offs and fraud resulting from slow, outdated identity checks. Prove’s Identity Graph eliminates these pain points by enabling instant and trusted recognition across devices and channels. Rather than relying on time-consuming, one-off verifications like document uploads or selfies, the Identity Graph provides a continuous, tokenized identity view, allowing businesses to onboard legitimate…
Author: Editorial Team
First City Credit Union set out to enhance member engagement by finding a smarter, more efficient way to connect with members. The credit union began by implementing Eltropy in its lending department—where immediate success demonstrated the platform’s ability to streamline communication and support secure, AI-driven interactions. This success laid the foundation for expanding Eltropy’s Unified Platform across the entire organization. “At First City Credit Union, technology is not just a tool—it’s a catalyst for transformation,” said Sam Tate, Senior VP and Chief Operating Officer at First City Credit Union. “When we chose Eltropy, we wanted more than just software; we…
The digital euro, issued by the Eurosystem, is intended to complement existing banknotes and coins, offering Europeans a secure and universally accessible digital payment option. Like cash, it would be available to everyone, at any time and place, supporting financial inclusion and freedom of choice in digital payments. From the start, the ECB identified offline capability as a core requirement — ensuring that payments remain functional even in areas without internet or power connectivity. In this model, funds are stored directly on a user’s device (smartphones, cards, or other compatible devices) using secure technology. Transactions are completed locally between devices,…
This acquisition marks a strategic step in expanding BGC’s agency business by integrating Macro Hive’s advanced AI-powered technology into the company’s Rates and FX market operations. The move aims to enhance BGC’s global broking and execution platform, driving greater innovation and client value across financial markets. Macro Hive’s co-founders — CEO Bilal Hafeez and COO Andrew Simon — will join BGC to further strengthen its leadership and technological capabilities. Their expertise in data-driven market analysis will play a key role in elevating BGC’s institutional services. “Integrating Macro Hive’s innovative insights into our platform will allow us to deliver even greater…
Banque Saudi Fransi (BSF) and Thunes have entered into a strategic partnership aimed at transforming cross-border payments for individuals and businesses in Saudi Arabia. The agreement, signed at SIBOS 2025, will allow BSF customers to access faster, more reliable, and more efficient international money transfer services. Through this collaboration, BSF account holders will be able to send money directly to bank accounts and digital wallets worldwide with real-time processing and improved accessibility. The initiative supports Saudi Arabia’s financial modernization efforts, offering alternatives to traditional remittance channels. Majed Alsadhan, Chief Wholesale Banking Officer at Banque Saudi Fransi, emphasized the significance of…
Binance has officially introduced The Blockchain 100 Awards, a new initiative designed to honor the most influential creators in the blockchain and crypto ecosystem. This annual recognition highlights individuals and teams who have significantly contributed to blockchain growth through education, research, innovation, and community engagement. The program will celebrate 100 creators across seven key categories: To qualify, nominees must focus primarily on educational or inspirational crypto content, be public-facing with a strong reputation, and maintain at least 10,000 followers on one or more major platforms such as X, YouTube, TikTok, Instagram, Telegram, Discord, Binance Square, or CoinMarketCap. Transparent Selection Process…
21Shares, the world’s largest provider of crypto Exchange Traded Products (ETPs), has announced a strategic partnership with Stratiphy, an AI-powered personalized wealth management platform. The collaboration will allow UK investors to access crypto Exchange Traded Notes (ETNs) directly within Stratiphy’s app as soon as the Financial Conduct Authority (FCA) finalizes its regulatory framework. Through this integration, Stratiphy users can diversify their portfolios by combining traditional fiat investments with crypto assets, enabling greater control and personalization. As digital assets become an increasingly mainstream investment choice, this move gives UK retail investors access to opportunities previously reserved for institutions. The timing is…
Representing over 440 million citizens and contributing more than $17 trillion in GDP, the eurozone is the world’s second-largest economy. The launch of the digital euro would represent Europe’s most significant financial innovation since the introduction of the common currency in 1999. A €237 Million Framework for Security The ECB’s framework agreement with Feedzai, supported by PwC as subcontractor, focuses on building a state-of-the-art fraud detection and prevention system. The agreement is valued at €79.1 million, with a maximum value of €237.3 million, and ensures full compliance with EU standards on security, privacy, and data protection. While the framework sets…
Ignyte, a leading Dubai-based digital start-up ecosystem, has partnered with Binance to accelerate blockchain innovation and adoption across the MENA region. The collaboration will create a dedicated blockchain and cryptocurrency innovation platform designed to support entrepreneurs, deliver resources, and promote real-world applications of the technology. This initiative will also enhance the Dubai International Financial Centre’s (DIFC) broader innovation strategy, reinforcing Dubai’s position as a global hub for finance, technology, and digital transformation. The partnership will launch with a large-scale hackathon that brings together developers, entrepreneurs, and industry experts from MENA and beyond. Participants will focus on solving challenges related to…
Encompass Corporation has announced the successful completion of its latest financing round, with BNP Paribas taking the lead. This strategic investment underscores BNP Paribas’ commitment to digital transformation and reinforces Encompass’ mission to revolutionize client onboarding through Corporate Digital Identity technology. “The investment from BNP Paribas is a strong validation of the transformational impact of our CDI platform,” said Wayne Johnson, CEO and Co-Founder of Encompass. “With this support from one of Europe’s most respected financial institutions, we are positioned to redefine client onboarding and digital innovation for global banks.” At the heart of this innovation is EC360, Encompass’ flagship…