Month : August 2023

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Canaan Inc. Provides Updates on Its Bitcoin Mining Operations
Cryptocurrency News

Canaan Inc. Provides Updates on Its Bitcoin Mining Operations

PR Newswire
by PR Newswire0
Canaan Inc., a leading high-performance computing solutions provider, announced that the challenges set forth below may adversely impact the Company’s bitcoin generation and revenue from its mining activities, primarily due to reduced uptime, beginning in the third quarter of 2023. Kazakhstan Regulatory Changes To ensure legal compliance, the Company decided......
Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth
Banking News

Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth

PR Newswire
by PR Newswire0
Palm Tree LLC, the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, announced its Investment Banking team advised on a successful debt financing transaction for The Neato Company with funds being provided by an institutional investment fund. Financial details of the......
Gate.io to Upgrade Proof of Reserves Method with Zero-Knowledge Technology
Cryptocurrency News

Gate.io to Upgrade Proof of Reserves Method with Zero-Knowledge Technology

PR Newswire
by PR Newswire0
Gate.io, a leading cryptocurrency exchange, announces its plan to upgrade its Proof of Reserves (PoR) guarantees by integrating zero-knowledge (ZK) proof technology. This innovation is expected to bolster the privacy and security of users’ asset verification processes during PoR validation. A Pioneer in Proof of Reserve Cryptocurrency exchanges have long grappled with concerns over......
Cebuana Lhuillier Bank Selects Temenos to Scale Rural Banking Services for Unbanked Filipinos
Banking News

Cebuana Lhuillier Bank Selects Temenos to Scale Rural Banking Services for Unbanked Filipinos

GlobeNewswire
by GlobeNewswire0
Temenos core banking platform gives Cebuana Lhuillier Bank flexibility and agility to manage customer accounts and transactions with greatly improved performance and efficiency Temenos announced that Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, has selected Temenos to modernize its core banking platform, helping the......
United Roosevelt Savings Bank Welcomes Local Lead Universal/Business Banking Specialist to Carteret's Hometown Bank
Banking News

United Roosevelt Savings Bank Welcomes Local Lead Universal/Business Banking Specialist to Carteret’s Hometown Bank

PR Newswire
by PR Newswire0
URSB is delighted to announce the hiring of Barbra Aixa Villegas as the new Lead Universal/Business Banking Specialist. With Barbra’s extensive financial and banking expertise, she is poised to play a pivotal role in fostering relationships with the local business community. Barbra, a long-time resident of Carteret, brings more than a decade of invaluable......
Analytics Artificial Intelligence Featured Finance Fintech Primers

AI Dynamics In Financial Services- WEF

Pooja Choudhary
by Pooja Choudhary0
In this data-rich industry, every aspect of AI dynamics matters. There are several uses for AI in the financial sector. Perhaps the greatest benefit of artificial intelligence is the vast potential for automation it offers. Therefore, financial institutions may benefit from automation in many ways that boost production and efficiency.......
GoLogiq Plans to Acquire Fram Venture 7, and its Vietnamese SME-Lending Platform, DragonLend
Fintech Lending News

GoLogiq Plans to Acquire Fram Venture 7, and its Vietnamese SME-Lending Platform, DragonLend

GlobeNewswire
by GlobeNewswire0
GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has signed a non-binding letter of intent to acquire all of Fram Venture 7 AB, a Swedish fintech corporation, for US$6 million in an all-stock transaction. Total consideration could increase to US$20 million depending upon the achievement of......
Empowering Growth and Profitability: R&T Deposit Solutions Joins the Banking-As-A-Service Association
Banking Fintech News

Empowering Growth and Profitability: R&T Deposit Solutions Joins the Banking-As-A-Service Association

PR Newswire
by PR Newswire0
R&T Deposit Solutions (R&T) announced that it joined The BaaS Association (BaaS Association). This is a pivotal move that reinforces R&T’s commitment to empower growth and innovation among community banks, a critical segment within the banking industry that represents 77% of banking as a service (BaaS) participants. The BaaS Association......
1