Nano facilitates crypto transaction in Houses of Parliament

Nano, the feeless eco-friendly cryptocurrency, was used for the first-ever crypto transactions to take place at an official event inside the Houses of Parliament.

Aura Network nabs $2.5m for its NFT platform

Aura Network, an NFT dedicated layer-1 blockchain based on Cosmos ecosystem, has raised $2.5m in its seed funding round.

IMA launches metaverse’s first insurance research facility

IMA Financial Group has launched IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility.

Blockchain solution developer ConsenSys hits $7bn valuation after funding

ConsenSys, a blockchain solution developer, has reached a $7bn valuation after the close of a $450m investment round.

Quantexa study highlights ROI challenges for AI in finance

A recent study by Quantexa has found that up to 61% of those in financial services use or plan to use AI.

MAS unveils assessment methodologies for responsible AI use in financial services

The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.

Overwhelming majority of organisations suffer from data decision gap

Quantexa has found 95% of organisations suffer from the data decision gap, which is an inability to bring together internal and external data needed to make accurate decisions.

Crypto loan platform Pledge raises capital

Pledge, which claims to be a leading marketplace for financial NFTs, has received an investment from US-based investor Gianfranco Filice, through his angel fund AKA Angel.

Crypto tax solution CoinLedger nets $6m

Tax reporting solution for digital assets CoinLedger has netted $6m in funding, as it looks to scale its team.

SAS: Pandemic has sped-up banking digitalisation by five years

Research by analytics leader SAS has found that the vast majority of banks underwent a rapid digital adoption process during the pandemic.

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