In a recent development, Indian fintech KreditBee is one of the hottest startups in town, nearly hitting a $700 million valuation in its latest funding round. The startup, backed by several investors, has raised a total of over $120 million in the past year. KreditBee is a digital lending platform that offers personal loans, including… Continue reading Indian fintech KreditBee nears $700 million valuation in new funding
Category: customers
LastPass says hackers stole customers’ password vaults
In early June of 2020, the secure online password manager, LastPass, announced that hackers were able to gain access to some of their customers’ password vaults. LastPass is one of the most trusted online password managers and is used by millions of customers worldwide. Needless to say, the news that their secure system had been… Continue reading LastPass says hackers stole customers’ password vaults
Starbucks’ NFT program may drive more digital collectible integrations with big brands
In recent years, the world’s most renowned coffee brand – Starbucks – has become increasingly intertwined with the blockchain industry. After a 2020 partnership with Microsoft to track its coffee supply chain, Starbucks has now been trading Non-Fungible Tokens (NFTs) in an effort to provide its customers with digital collectibles. By introducing this new program,… Continue reading Starbucks’ NFT program may drive more digital collectible integrations with big brands
FuboTV kaput
During the FIFA World Cup semifinals, kooks the globe found themselves unable to access the streaming service FuboTV, which suffered a “criminal cyber attack” that prevented customers from watching high-stakes soccer matches. The disruption left fans unable to watch an intense match between France and Belgium, as well as the semifinal game between Croatia and… Continue reading FuboTV kaput
Microsoft to start multi-year rollout of EU data localization offering on January 1
Microsoft is set to launch a multi-year rollout of its European Union data localization offering on January 1, 2021. The offering will enable customers to use applications and services and store data within the European Union. Microsoft currently stores and processes customer data and applications in different regions, such as the US and the UK,… Continue reading Microsoft to start multi-year rollout of EU data localization offering on January 1
All signs point to IT spending rising in 2023
Every year, businesses factor IT spending into their operational budgets; however, projections for 2023 indicate that IT spending is likely to rise considerably. The precise amounts may vary from organization to organization, but the overall trend is one of increased investment in technology, software, and services across the board. The unprecedented events of 2020 have… Continue reading All signs point to IT spending rising in 2023