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Weekly Roundups

Finerio Connect Receives Award at Fintech Americas Miami 2022

By Antonio Gozain | Wed, 05/18/2022 - 15:01

Mexican startup Finerio Connect received the platinum award at Fintech Americas Miami 2022, coming in first place in the “Infrastructure, Ecosystem & Back End” category and becoming the first open banking fintech to win this award.

Finerio Connect works in the B2B market, helping fintechs and financial institutions through its bank aggregation, data enrichment and financial experience products. Over the last years, the company has expanded its operations to Chile and Colombia. The startup can also work together with traditional banks, wrote in MBN Nick Grassi, Co-CEO, Finerio Connect: “Infrastructure players like Finerio Connect, with their financial technology, can become the perfect allies of traditional banking to use their infrastructure and development in order to connect to banks, process data, as well as tools such as Personal Finance Management or Business Finance Management.”

 

This is the Week in Tech!

 

Microsoft Seeks to Dodge EU Cloud Computing Probe

Microsoft will revise its licensing deals and improve the competition possibilities for cloud service providers, reported Reuters. The US software company aims to dodge a lengthy EU antitrust probe into its cloud computing business.

Netflix Cuts 150 Jobs After Losing Subscribers

Netflix laid off 150 US-based jobs. The move comes after the platform reported its first month of losses in subscribers of the past 10 years. The redundancies will mainly affect its office in California and account for around 2 percent of the streaming service’s North American workforce, announced Netflix.

"These changes are primarily driven by business needs rather than individual performance, which makes them especially tough as none of us want to say goodbye to such great colleagues," the company said in a statement.

Sony Prepares for Metaverse Revolution with Cross-platform Push

Sony Group Corp said it is well-positioned to play a leading role in the metaverse, which is expected to “massively disrupt industries and establish new powerhouses,” reported Reuters.

"The metaverse is at the same time a social space and live network space where games, music, movies and anime intersect,” said Kenichiro Yoshida, CEO, Sony Group Corp.

Costa Rica Is at War with Conti Hackers: President

Costa Rica is “at war” with the cybercriminals disrupting the IT systems of numerous government ministries, said President Rodrigo Chaves.

Hackers infiltrated 27 government institutions, including those of municipalities and state-run utilities. The Conti cartel, which is thought to be run from Russia, has upped its ransom demand to US$20 million and posted an appeal online to Costa Ricans to “go out on the street and demand payment,” reported BBC.

The data used in this article was sourced from:  
MBN, Reuters, Netflix, BBC
Antonio Gozain Antonio Gozain Journalist and Industry Analyst