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March 26, 2022

 

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Apple buys UK fintech start-up Credit Kudos

Credit Kudos, a UK open banking startup that helps lenders make better decisions, has been acquired by US tech giant Apple.The startup offers insights and scores on loan applicants drawn from bank data — specifically transaction and loan outcome data — sourced via the UK’s open banking framework.

Opy financing offers Automotive and Repair Vertical Service : Opy USA Inc (Opy), a leading payments FinTech for auto owners with the need for larger repairs at their auto dealers, offers its flagship OpyPay product at many of the major franchised auto dealerships as it launches into the U.S. automotive vertical.

Canadian fintech firm- Periculum launches Nigerian arm : With aim to tackle the challenge of domestic credit in underserved markets by automating credit assessment tools to close the consumer credit gap and help financial institutions provide credit facilities to the financially excluded, Periculum expands to Nigeria.

Euroclear invests in Fnality to Advance its DLT Strategy : As Euroclear develops its future Distributed Ledger Technology (DLT) capabilities, it has announced its investment in Fnality , a partnership which will provide an innovative solution for the settlement of digital securities against digital cash on DLT with speed and efficiency.

Facial recognition used to identify dead Russian soldiers in Ukraine : Mykhailo Fedorov, vice prime minister of Ukraine has disclosed the use of Clearview  Artificial Intelligence (AI) facial recognition software to identify the bodies of Russian  soldiers killed in combat and to trace their families.

 

EVENT

How to make money from crypto currencies ? Opportunities and pitfalls : Cryptocurrency is valued globally at an estimate of $2.3 trillion 2021. Register for How to make money from crypto currencies ? Opportunities and pitfalls attain indepth knowledge about history and development of cryptocurrency, its application, Bitcoin, how cryptocurrency works, advantages and disadvantages of cryptocurrencies and the scams and get rich schemes associated with it on April 28.

OPPORTUNITY

Chainlink to Provide Founders with Blueprint for Launching Blockchain Projects : The leading provider of secure and reliable open-source blockchain oracle solutions has introduced Startup with Chainlink, a startup enablement program that provides free resources and a global online community for early-stage founders and entrepreneurs building on blockchain. The Startup with Chainlink seeks to make multiple blockchains more accessible for a multi-chain ecosystem where developers are not limited to one platform.

 

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