Month : June 2021

BSV Proves that Bitcoin Scaling Works; Surpasses BTC Blockchain in Accumulated Data Size
Blockchain Business Cryptocurrency Digital News

BSV Proves that Bitcoin Scaling Works; Surpasses BTC Blockchain in Accumulated Data Size

Fintech News Desk
by Fintech News Desk0
Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the BSV blockchain and digital currency, has confirmed that the Bitcoin SV (BSV) blockchain surpassed BTC in accumulated data size, demonstrating the ability of the Bitcoin network to scale without limits. On May 16, 2021, the accumulated growth (in......
Crypto Company Blockchain.com Moves U.S. Headquarters to Miami
Blockchain Business Cryptocurrency Finance News

Crypto Company Blockchain.com Moves US Headquarters to Miami

Fintech News Desk
by Fintech News Desk0
U.S. HQ will move from New York City to Miami with aggressive hiring goals and investment in the local community Blockchain.com, one of the most widely-used consumer crypto products and the leading institutional crypto solutions provider, announced that it has moved its U.S. headquarters from New York City to Miami. As part of......
Celsius Invests over $200 Million in Bitcoin Mining in North America
Blockchain Cryptocurrency Investments News

Celsius Invests over $200 Million in Bitcoin Mining in North America

Fintech News Desk
by Fintech News Desk0
This includes strategic investments in Core Scientific, Rhodium Enterprises and Luxor Technologies Celsius, the leading global cryptocurrency yield-earning platform, announced new investments of over $200 million in mining equipment and positions in Core Scientific, a leader in customizable infrastructure and software solutions for Blockchain networks; Rhodium Enterprises, a leading mining company in Texas;......
Five Women-Led Startups Selected for BMO Harris Bank and 1871 WMN•FINtech Program
Featured Finance Fintech News

Five Women-Led Startups Selected for BMO Harris Bank and 1871 WMN•FINtech Program

Fintech News Desk
by Fintech News Desk0
Cohort represents diverse financial technologies, including tools for homeownership, healthcare planning, small/midsize business accounting, supply chain and estate planning BMO Harris Bank and 1871 are proud to announce the five participating companies selected to join their 2021 WMN•FINtech Program. WMN•FINtech is a fintech industry program for women-founded and -led startups......
Abaka’s AI-powered Next Best Actions App launches on Finastra’s FusionFabric.cloud
Banking Finance Fintech News

Abaka’s AI-powered Next Best Actions App launches on Finastra’s FusionFabric.cloud

Fintech News Desk
by Fintech News Desk0
Abaka, an AI driven digital savings and retirement solutions platform, announced that its Abaka’s AI-powered Next Best Actions application is available for purchase through Finastra’s FusionStore. The retail banking application will enable financial institutions to benefit from an AI-driven recommendation engine, by building a truly customer-centric ecosystem across their range......
First Bancorp to Acquire Select Bancorp, Inc.
Banking News

First Bancorp to Acquire Select Bancorp, Inc.

Fintech News Desk
by Fintech News Desk0
First Bancorp, the parent company of First Bank, and Select Bancorp, Inc., the parent company of Select Bank and Trust Company (“Select Bank”), announced the signing of a definitive merger agreement under which First Bancorp will acquire Select in an all-stock transaction with a total current value of approximately $314.3......
Cathay Bank To Acquire 10 Branches And Select West Coast Loans And Deposits From HSBC
Banking Business News

Cathay Bank To Acquire 10 Branches And Select West Coast Loans And Deposits From HSBC

Fintech News Desk
by Fintech News Desk0
Cathay General Bancorp announced that its subsidiary bank, Cathay Bank, has entered into a purchase and assumption agreement with HSBC Bank USA, National Association (“HSBC”), to purchase 10 HSBC retail branches in California and additional loans and deposits associated with HSBC’s West Coast mass retail market consumer banking business and retail business banking business.......
isdb
Finance Fintech News

IsDBI Issues Report on Role of AI in Enhancing Financial Inclusion

Fintech News Desk
by Fintech News Desk0
The report recommends a holistic solution for financing small and medium enterprises with two pillars that provide easy access to capital more efficiently IsDBI has published a new report highlighting how Islamic finance and artificial intelligence can enhance financial inclusion. Entitled “Artificial Intelligence and Islamic Finance: A Catalyst for Financial......
The African Development Bank
Finance Fintech News Risk Management

African Development Bank Trains Experts From Development Finance Institutions on Climate Finance Action Strategy and Management

Fintech News Desk
by Fintech News Desk0
Over 200 participants were able to gain a deeper understanding of the roles of national development finance institutions in climate risk management The African Development Bank and the Association of African Development Finance Institutions (AADFI) jointly hosted a 3-day virtual workshop to train development finance experts in Africa on climate finance......
itfc-idb
Business Finance News

Under the Umbrella of the AATB Program: International ITFC and Export Development Authority launch First Training Program for Exporters ‘Entering African Markets’ in Cairo

Fintech News Desk
by Fintech News Desk0
The program takes place over five days with the participation of representatives of 50 Egyptian companies Marking a key milestone for Africa’s continental trade system and export-led growth, under the umbrella of Arab Africa Trade Bridges (AATB) Program, the International Islamic Trade Finance Corporation (ITFC), in cooperation with the Egyptian......
1