Top tech news today: November 21, 2024

1. UK paytech Cardstream names Gurinder Sumra as new CFO

Cardstream, a UK-based paytech company, has appointed Gurinder Sumra as its new CFO to lead its financial strategies and growth initiatives. Fintech Futures

Also read: Trump the Crypto Advocate: Analysing Trump’s Cryptocurrency Policies

2. Navro secures FMSB registration for Canada money transfers

Navro has received FMSB registration, allowing the company to provide cross-border money transfer services for businesses in Canada. Fintech Futures

Also read: Revolut Reaches 50 Million Users

3. FTX co-founder Gary Wang avoids prison time for crypto fraud role

Gary Wang, co-founder of FTX, avoids prison time after pleading guilty to his involvement in the cryptocurrency exchange’s fraud case. CNBC

Also read: PayPal’s Xoom Expands with Stablecoin Payments

4. Modulr acquires Nook to expand embedded finance services

Modulr has acquired embedded finance firm Nook, aiming to strengthen its offering of financial services and accelerate its product development. Built In London

5. Fintech unicorns await Klarna IPO for market signals

As Klarna plans its IPO, fintech unicorns are watching closely for signs that the market window will reopen for their own public offerings. CNBC

6. Freight fintech Solvento raises $12.5M for cross-border trucking services

Solvento, a freight fintech, has raised $12.5 million to expand its cross-border trucking services, enhancing logistics and payments systems. Fintech Global

7. Minu raises $30M to expand employee wellness platform in Mexico

Employee wellness platform Minu has raised $30 million to further expand its services and support employee well-being across Mexico. Fintech Global

8. Beacon launches digital wallet for immigrants to Canada

Beacon introduces a digital wallet designed to ease financial inclusion for immigrants in Canada, simplifying cross-border transactions. Finextra

9. UK fintech W1tty winds down amid claims of unpaid staffers

UK fintech startup W1tty is winding down operations following reports of unpaid staff and financial difficulties. Finextra

10. Hoth Therapeutics bitcoin treasury strategy as inflation hedge

Hoth Therapeutics is adopting a bitcoin treasury strategy as an inflation hedge, reflecting growing institutional interest in cryptocurrencies. Cointelegraph

11. Japan passes stimulus package with cryptocurrency tax reform

Japan’s new stimulus package includes cryptocurrency tax reform, aiming to bolster the digital asset market and its economic recovery. Cointelegraph

12. HKNOG 13.0 focuses on Asia-Pacific internet governance

The 13th edition of HKNOG brings together industry leaders to discuss internet governance, policy challenges, and regional cooperation in Asia-Pacific. APNIC Blog

13. ICANN opens application for new gTLD applicant support program

ICANN has opened the application period for the new gTLD (generic top-level domain) applicant support program, aiming to assist new domain registrants. ICANN

14. ICANN announces evaluation program for new gTLD registry service providers

ICANN has launched an evaluation program for new gTLD registry service providers, supporting innovation and competition in the domain industry. ICANN

15. NESIC chooses Cloudbrink SASE to power managed service

NESIC has selected Cloudbrink’s SASE solution to enhance its managed service offerings, improving security and network performance. GlobeNewswire

16. Metro Connect USA 2025: Networking redefined

Metro Connect USA 2025 promises to redefine networking with new strategies and technologies, driving the future of data connectivity. Capacity Media

17. Rivada expands market access across the Nordic region

Rivada Networks expands its market access in the Nordic region, aiming to enhance telecommunications and internet connectivity. The Malaysian Reserve

18. Microsoft Azure collaborates with custom AMD chips

Microsoft Azure partners with AMD to develop custom chips, boosting the platform’s performance and cloud computing capabilities. The Register

19. Submarine cable cuts disrupt connectivity in the Baltic

Recent submarine cable cuts in the Baltic have disrupted connectivity, raising concerns over the region’s internet infrastructure security. Capacity Media

20. Nokia wins its largest 5G extension deal with Bharti Airtel

Nokia has secured one of its largest 5G extension deals with Bharti Airtel in India, strengthening the operator’s next-generation network. Times of India

Vionna-Fiducia Theja

Vionna Fiducia Theja

Vionna Fiducia Theja is a passionate journalist with a First Class Honours degree in Media and Communication from the University of Liverpool. A storyteller at heart, she delves into the vibrant worlds of technology, art, and entertainment, where creativity meets innovation. Vionna believes in the power of media to transform lives and spark conversations that matter. Connect with her at v.zheng@btw.media.

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