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Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet
Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet
June 12, 2024  |  Investments

Blockchain tech company Squad Labs has raised $10 million in new funding. The Series A round was led by Electric Capital with participation from RockawayX, Coinbase Ventures, L1D,...

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Databricks Launches AI-Powered Business Intelligence Product
Databricks Launches AI-Powered Business Intelligence Product
June 12, 2024  |  artificial intelligence

Databricks has launched an artificial intelligence (AI)-powered business intelligence (BI) product designed to enable anyone in an organization to access analytics and insights. The new...

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New Zealand Probes Lack of Banking Competition
New Zealand Probes Lack of Banking Competition
June 12, 2024  |  Banking

New Zealand is reportedly examining competition in the banking sector. As Reuters reported Wednesday (June 12), the decision to investigate the industry follows a draft report earlier...

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Databricks and Nvidia Team to Reduce AI Data Processing Energy
Databricks and Nvidia Team to Reduce AI Data Processing Energy
June 12, 2024  |  Partnerships

Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and...

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Solana Labs Debuts Customer Engagement Platform Bond
Solana Labs Debuts Customer Engagement Platform Bond
June 12, 2024  |  Blockchain

Blockchain firm Solana Labs has debuted Bond, a customer engagement platform for brands. “By leveraging blockchain technology, Bond enables global brands to create personalized, transparent, and engaging digital...

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Light Raises $13 Million to Scale AI-Powered General Ledger
Light Raises $13 Million to Scale AI-Powered General Ledger
June 12, 2024  |  Investments

Light has come out of stealth and announced a $13 million financing round to scale its artificial intelligence (AI)-powered general ledger for multinational companies. With...

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Figure Debuts Blockchain-Based Private Credit Marketplace
Figure Debuts Blockchain-Based Private Credit Marketplace
June 12, 2024  |  Blockchain

Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings...

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Regions Bank Launches Digital Payments Solution Powered by BILL
Regions Bank Launches Digital Payments Solution Powered by BILL
June 12, 2024  |  B2B Payments

Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Powered by BILL’s financial operations...

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TymeBank Raising $150 Million as It Prepares for IPO
TymeBank Raising $150 Million as It Prepares for IPO
June 12, 2024  |  IPO

The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with...

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