Amazon Web Services (AWS) has launched its second ‘AWS infrastructure region’ in Melbourne, Australia. The region looks to provide customers with the ability to store data in Australia and serve end users with lower latency. The region aims to offer ...
CryptoUpdateClub Latest Articles
UK Fintech Investment Led by Embedded Finance, Web3 and ESG; Finds FIS
admin
The latest FIS Global Innovation report reveals the fintech investment trends of 2023 among UK firms battling recessionary pressures. Embedded finance, web3 and environmental, social and governance (ESG) are leading UK fintech investment in 2023 amid recessionary pressures, according to ...
Microsoft Makes Multi-Billion Dollar Investment in OpenAI as Partnership Enters Third Phase
admin
Microsoft commences the third phase of its long-term partnership with the artificial intelligence (AI) research and development company OpenAI. Microsoft is continuing its work with its partner OpenAI through a multiyear, multibillion-dollar investment following two previous investments in 2019 and ...
Optimism For UK Fintech in 2023 Despite 30% Global Investment Decline
admin
Despite a challenging global market, the UK stands out as a top destination for fintech investment, a new report has revealed. But the gender investment gap widens. To showcase its 2022 Investment Landscape Report, industry body Innovate Finance hosted a ...
FIS Reveals Top Investment Priorities for Financial and Non-financial Services in 2023
admin
New research from FIS, a global fintech, revealed global c-suite executives plan to make significant investments in 2023. Namely in web3, environmental, social, and governance (ESG) frameworks and embedded finance. This is a result of companies looking to fuel fintech ...
British authorities split on banning sale of crypto investment products
admin
The policy decision-makers in the United Kingdom got split on whether the sale, marketing, and distribution of derivatives and exchange-traded notes (ETNs) tied with cryptocurrencies should be prohibited when it comes to retail investors. The Regulatory Policy Committee believes the ...
9 New Investors Added to UK Social Impact Investment Fund Along With £8.2million Funding
admin
A social impact investment fund developed by Big Issue Invest (BII), UnLtd and Shift, has welcomed a host of new investors onboard. This comes as the social impact investment fund completed its first close of £8.2million towards its £25million target ...
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows – Bitcoin News
admin
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know ...
Samsung investment arm considering spot-Bitcoin ETF in Hong Kong
admin
Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin ETF on the city’s exchange if policies allow for it. In an ...
Will Global Fintech Investment Stagnate in 2023?
admin
Levels of investment and number of deals in the fintech industry fell in 2022 compared to 2021. As interest rates have steadily climbed, companies across the sector, particularly startups, have begun to struggle. The early signs in 2023 suggest that ...