Business
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Saviynt secures $205M, reaffirms importance of cloud-friendly IAM
Traditional on-premises identity management falls short of meeting today’s demands. Modern organizations require automated, cloud-compatible Identity Access Management (IAM) systems to effectively authenticate and authorize a large number of remote users. In decentralized work settings,…
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DeepL Secures $100 Million to Focus on AI Translation Solutions for Enterprise Clients
Cologne, Germany-based DeepL has announced a substantial funding raise, estimated to be well over $100 million, as it sets its sights on targeting enterprise customers with AI-powered language translation solutions. Language translation has become increasingly…
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India-based OYO To Lay Off 600 Employees In Major Reorganisation
In a corporate and technological division restructuring, Oyo, which is a SoftBank-backed India-based hotel chain, is looking to lay off 600 staff members. In a statement, the company said, “OYO will downsize 10 percent of…
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Fraud Detection Startup FrankieOne Receives Fresh Funding From Series A+ Round
FrankieOne is an Australian compliance technology startup. It provides a global platform connecting customers to multiple identity verification and fraud detection vendors via one API. Recently, it has secured fresh funding of US$ 15.5 million…
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Touch ‘n Go eWallet To Expand Its Services To Mainland China And Sees Enhanced Security Features
Touch ‘n Go continues to see improvements and further expansion of its operations. The eWallet company has incorporated new security measures which were imposed on banks by Bank Negara Malaysia to combat malicious financial scams;…
