Month : May 2023

Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash
Digital Payments News

Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash

Business Wire
The Federal Reserve System’s FedCash Services (FCS) released a report from its ongoing research into the payment habits of the U.S. population. The 2023 findings from Diary of Consumer Payment Choice finds that consumer payment behavior remains consistent with the early pandemic, including a shift toward credit card payments and a......
DDA expands Crypto ETP range with its First Multi-Asset Crypto ETP
Cryptocurrency Digital Asset Management News

DDA Expands Crypto ETP Range with its First Multi-Asset Crypto ETP

GlobeNewswire
With the newly launched ETP, investors can gain exposure to a basket of the top 10 crypto assets in a cost-effective way The German crypto and digital asset manager Deutsche Digital Assets (DDA) is pleased to announce the expansion of its crypto ETP offerings with the launch of the DDA......
First-Ever Carbon Neutral Commodity Futures Index ETF Launches from CNIC Funds and Tidal Financial Services
Investment Services News

First-Ever Carbon Neutral Commodity Futures Index ETF Launches from CNIC Funds and Tidal Financial Services

Business Wire
The passively managed fund leverages unique electricity futures contract methodology through ICE-backed index CNIC Funds, LLC, (CNIC) an investment company that develops commodity-based investment products in partnership with Tidal Financial Services, LLC (Tidal), proudly announces the launch of the exchange-traded fund, CNIC ICE U.S. Carbon Neutral Power Futures Index ETF.......
XTM Announces Proposed Acquisition of Certified EWA Solution & Processor, QRails
Fintech News

XTM Announces Proposed Acquisition of Certified EWA Solution & Processor, QRails

Business Wire
Fully Certified and Live In-Market Provider of EWA in the U.S. XTM Inc., a Miami and Toronto-based Fintech creator of disruptive payment innovations and mobile solutions specifically geared towards service industries including hospitality, personal care and other service providers, announces its intent to acquire QRails Inc., a prepaid payments issuer-processor......
Silver Lake to Make €600 Million Strategic Investment in TeamSystem
Investment Services News

Silver Lake to Make €600 Million Strategic Investment in TeamSystem

Business Wire
TeamSystem, a leading provider of business software solutions to companies and accountants in Italy and Spain, announced that Silver Lake, a global leader in technology investing, has entered into a definitive agreement to acquire a €600 million minority stake in the company from Hellman & Friedman (H&F). H&F will remain......
Frost’s New Broadband Switching Tool Makes Sustainable Living Easy and Affordable
Finance News

Frost’s New Broadband Switching Tool Makes Sustainable Living Easy and Affordable

Fintech News Desk
Digital account provider Frost has announced the expansion of its automated provider switching tool ‘Save Assist’ to include broadband switching services Frost, the innovative personal finance app, has announced the expansion of its automated provider switching tool ‘Save Assist’ to include broadband switching services. The announcement comes in response to......
FVCbank Captures Coveted Bank Honor Roll Recognition for Strong Earnings Growth Over the Past Decade
Banking News

FVCbank Captures Coveted Bank Honor Roll Recognition for Strong Earnings Growth Over the Past Decade

Business Wire
Fairfax-based FVCbank has been honored by Keefe, Bruyette & Woods, Inc. (KBW) by being included in KBW’s coveted 2023 Bank Honor Roll. KBW is a leading specialist investment bank in the financial and fintech sectors. One of 14 U.S. banks to make this year’s KBW Bank Honor Roll, FVCbank is......
Brite Payments Announces Its Proprietary Instant Payments Network to Power Instant Payments and Payouts Across Europe
Banking Digital Payments News

Brite Payments Announces Its Proprietary Instant Payments Network to Power Instant Payments and Payouts Across Europe

Fintech News Desk
Brite IPN enables instant payments and payouts through open banking – helping close the gaps in Europe’s fragmented real-time payments landscape Brite Payments, one of Sweden’s fastest growing fintechs and a leader in instant bank payments, announced its Brite Instant Payments Network (IPN). Brite IPN is a proprietary network that......
Strike Launches Global Money App to 3 Billion People in over 65 Countries
Digital Payments News

Strike Launches Global Money App to 3 Billion People in over 65 Countries

Business Wire
Founder and CEO Jack Mallers announced the massive global expansion of the Strike app at the Bitcoin 2023 conference in Miami Strike, the global money app for fast, safe payments and bitcoin, announced the global launch of its app in over 65 countries, expanding access to its revolutionary payments and......
ACI Worldwide To Offer Banks New Cross-Border, Real-Time Payment Services
Digital Payments News

ACI Worldwide To Offer Banks New Cross-Border, Real-Time Payment Services

Business Wire
ACI enables financial institutions to utilize Swift Go via the ACI Enterprise Payments Platform ACI Worldwide, a global leader in mission-critical, real-time payments software, announced the addition of Swift Go to its cross-border payments offering. In response to the growing demand for new cross-border, real-time payment services, ACI will enable banks......
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