Remove Banking Remove Blockchain Remove Internet Remove Marketing
article thumbnail

Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 299
article thumbnail

‘AWS for blockchain’ Alchemy boosts valuation to $3.5B with $250M raise

TechCrunch

Exactly six months after raising $80 million at a $505 million valuation, blockchain and Web3 development SaaS startup Alchemy has raised $250 million in a Series C funding round that values the company at $3.5 For one, it represents one of a16z’s largest Web3/blockchain investments to date. In June, the firm revealed its $2.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. We realized that in order for space to thrive and build to its full potential, we needed to build a developer platform layer for blockchain,” Viswanathan told TechCrunch.

article thumbnail

How African CIOs can serve as agents of adoption for digital currencies

CIO

Despite an evolving internet penetration rate of 47% in 2020, according to Internet World statistics, the social use of ICTs remains the main cause of digital illiteracy in Africa. It’s the CIO’s role to study the market, understand the needs of the people and provide the right solution that meets those needs.”.

article thumbnail

Digital listening reveals 3 leading innovation drivers

CIO

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

article thumbnail

Why is Now The Perfect Timing for Digital Transformation in Financial Services?

OTS Solutions

Open banking has brought a new era in which systems can quickly and easily connect to new platforms and apps. Digital ecosystems that work well together quickly replace physical banks and paper systems. Various kinds of companies, from banks and insurance companies, have been around for 100 years. To survive in the market.

article thumbnail

Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

It’s also worth noting that despite having a marketing slogan which paints itself as “your bank of things”, Twig is not actually a bank; rather a Twig account is an “e-money account” — so there are key regulatory differences (such as Twig accounts not being covered by the UK’s deposit guarantee scheme).