Month : January 2024

Ault Alliance Announces Postponement of Commencement of Exchange Offer of Common Stock for Series D Preferred Shares
Fintech News

Ault Alliance Announces Postponement of Commencement of Exchange Offer of Common Stock for Series D Preferred Shares

Business Wire
Ault Alliance, Inc., a diversified holding company (“we,” “us,” “our,” “Ault Alliance,” or the “Company”), today announced its postponement of the commencement of its planned exchange offer (the “Offer”) to accept for cancellation a minimum of 20 million shares of the Company’s common stock (“Common Stock”) and a maximum of......
American Express's Digital Transformation and Innovation Strategies Unveiled - ResearchAndMarkets.com
Digital Fintech News

American Express’s Digital Transformation and Innovation Strategies Unveiled – ResearchAndMarkets.com

Business Wire
Digital transformation strategies” report has been added to ResearchAndMarkets.com’s offering. Global Report Provides Comprehensive Analysis of American Express’s FinTech Activities and ICT Spend A groundbreaking study shedding light on the digital transformation strategies of American Express (Amex) has been meticulously assembled, detailing the company’s pursuit of innovation within the financial technology space. Industry......
Spark Networks to Advance Transformational Journey on Stronger Financial Foundation
Finance Fintech News

Spark Networks to Advance Transformational Journey on Stronger Financial Foundation

Business Wire
Receives German Court Approval for Restructuring Plan in StaRUG Proceedings Restructuring Plan to Significantly Improve Company’s Capital Structure and Liquidity Position MGG to Become Spark’s Sole Owner Following Implementation of the Restructuring Plan Spark Networks SE, a leading social dating platform for meaningful relationships, today announced it received approval on......
PayBito Offers its Crypto Broker Platform to a Singapore-Based Fintech Firm
Cryptocurrency Fintech News

PayBito Offers its Crypto Broker Platform to a Singapore-Based Fintech Firm

PR Newswire
PayBito, a renowned crypto exchange platform, has recently offered its white-label crypto broker platform to a Singapore-based fintech firm. The digital asset exchange platform, PayBito, has been widely recognized for its cutting-edge white-label framework, which has been adopted by financial institutions and enterprises worldwide. PayBito’s comprehensive approach has enabled it to collaborate with multiple financial institutions......
LPBank Signs Agreement With NGS and Finastra to Deploy Kondor Treasury Solution
Banking News

LPBank Signs Agreement With NGS and Finastra to Deploy Kondor Treasury Solution

Fintech News Desk
Finastra’s front-to-back treasury solution will help bank modernize treasury capabilities as part of digital transformation strategy Lien Viet Post Joint Stock Commercial Bank (LPBank) has chosen Finastra and NGS Equipment and Communication Joint Stock Company (NGS) to modernize its treasury capabilities. As part of a comprehensive digital transformation strategy by LPBank, Finastra’s......
Revolution in the Skies: Nearly 40% of Private Jet Flights Now Fueled by Crypto Payments - JETFINDER at the Charge
Cryptocurrency News

Revolution in the Skies: Nearly 40% of Private Jet Flights Now Fueled by Crypto Payments – JETFINDER at the Charge

PR Newswire
JetFinder, a leading Toronto-based private jet broker with UAE presence, excels in luxurious global travel and is a pioneer in accepting cryptocurrency payments. Committed to exceptional service and comfort, JetFinder offers 24/7 access to premium jets, redefining seamless private aviation for all travelers JetFinder has recently set a remarkable milestone by......
Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt
Fintech News

Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt

PR Newswire
In a disconcerting revelation, the latest anonymized user data from Planswell unveils a dual challenge facing Americans across all income groups: a marked decrease in average monthly savings and a simultaneous rise in credit card debt. The user data, comparing 2022 to 2023, not only uncovers the strain on household finances,......
Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million
Banking News

Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million

PR Newswire
Dave, one of the nation’s leading neobanks, announced it has reached an agreement with FTX Ventures Ltd. (“FTX”) to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of $100 million, for a discounted purchase price of $71 million. FTX filed a motion in......
Striking Gold with AI: How AI-Powered FinTech Innovation is Transforming Mining
Artificial Intelligence Fintech Guest Posts

Striking Gold with AI: How AI-Powered FinTech Innovation is Transforming Mining

Abid Ali
Artificial Intelligence – you either love it or you hate it; but either way you can’t ignore it. In so many ways, AI is neither Artificial nor is it Intelligent. Instead, it is a technology that is based on pattern recognition, something that as humans we have used for millennia......
CoinEx Updates Asset Reserve Ratio to Further Boost Platform Transparency and Fully Safeguard User Asset Security
Cryptocurrency News

CoinEx Updates Asset Reserve Ratio to Further Boost Platform Transparency and Fully Safeguard User Asset Security

PR Newswire
Reiterating its dedication to transparency and security, CoinEx, a prominent crypto exchange, adjusted its asset reserve ratio on December 26, 2023. This update is designed to enhance user confidence and assurance in the protection of their funds on CoinEx. Prioritizing user asset security, CoinEx underscores a commitment to uphold the highest security standards and......
1