BlackRock stories

Jio Payments Bank will introduce contactless Multi-Lane Free Flow tolling on the Gurugram-Jaipur route, enhancing convenience with digital payment tech.

Snowflake and partners launch the Open Semantic Interchange to create a unified, open standard for semantic data, boosting trust in AI and business intelligence.

Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.

Tokenisation and blockchain tech are breaking barriers, letting everyday investors access alternative assets once reserved for the ultra-wealthy.

Alcatel-Lucent Enterprise has deepened its partnership with Versa to enhance secure network access with expanded Zero Trust and Secure SD-WAN solutions for enterprises.

Yondr Group has completed the first 25MW phase of its Johor AI data centre six months early, advancing Malaysia’s role in Southeast Asia’s digital economy.

Snowflake unveils AI agents to simplify enterprise data access, enabling users to query both structured and unstructured data via natural language interactions.

A JP Morgan survey reveals 71% of institutional traders avoid crypto, citing readiness concerns despite growing momentum in blockchain adoption.

Syfe teams up with BlackRock to offer Accredited Investors in Singapore exclusive access to US middle market private credit, requiring lower minimum investments.

Funding for UK FinTech startups dipped 2% to USD $4.9 billion in 2024, marking a five-year low amidst growing regulatory challenges and economic concerns.

The Indo-Pacific Partnership for Prosperity has launched a platform to address the $300 billion infrastructure investment gap in the Philippines.

Binance Australia's latest report reveals a 39.9% surge in crypto market capitalisation to USD $3.47 trillion, driven by investor optimism and Bitcoin hitting USD $100,000.

Bitcoin has surged past USD $75,000, achieving a new all-time high as economic shifts and the launch of Spot Bitcoin ETFs drive its remarkable growth.

Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.

Qumulo appoints Douglas Gourlay as CEO and President, tasking the former Arista Networks exec with driving the next growth phase amid AI and cloud innovations.

Google teams up with BlackRock to build a 1 GW solar capacity in Taiwan, furthering its net-zero targets and advancing clean energy in the region.

Swiss carbon removal firm neustark has secured $69 million from Decarbonization Partners and Blume Equity to scale up operations across the globe.

Neustark, a Swiss carbon removal firm, raises USD $69 million led by Decarbonisation Partners and Blume Equity to expand its CO2 capture technology globally.

Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.

With €85m in new funding, PPRO seeks to capitalise on growth opportunities in key markets and broaden its local payment services. It is backed by leading investors, including PayPal Ventures and J.P. Morgan.