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 daily lives.
Bitex launches Ethereum based Utility Token Through Initial Exchange Offering
To address challenges in mass adoption of cryptocurrencies owing to hurdles in fiat to crypto conversion, bank related delays and high fiat deposit/withdrawal fee, Bitex has launched Bitex Coin (BTX) – a utility token to trade on the exchange, make payments and exchange crypto at a lower fees. Currently, high fiat deposit/withdrawal fee, custody of fiat funds and 2-5 days to process fiat withdrawals are other major deterrents to trading on cryptocurrency exchanges.
Umbrella Network Opens Week Two of BSC Month with Key Partnerships
After launching its Binance Smart Chain (BSC) Month campaign last week, Umbrella Network, a community-owned and decentralized oracle solution, is announcing three new partnerships with DeFi projects aiming to scale. The network’s new partnerships include projects BSC Station, Oction, and 8pay, which continue to strengthen Umbrella’s position as an early mover and the standard for oracles on BSC.
CloudWalk Announces US$190 Million Series B Financing Round Led by Coatue
CloudWalk, the São Paulo-based payment technology network, announced that it has raised US$190 million in Series B funding led by Coatue, with participation from DST Global and existing investors such as FIS, The Hive Brazil and Valor Capital. Today’s announcement brings the Company’s total capital raised to US$206 million.
Visa Reinforces Its Global Commitment To Environmental Sustainability By Promising To Zero Net Emissions By 2040
Visa, the world leader in payment technology, has announced a new global commitment to zero net greenhouse gas emissions by 2040, also stating that the company has achieved neutrality carbon in all its operations in 2020. In addition, it revealed plans to become a company that contributes positively to the climate through new partnerships and the expansion of initiatives aimed at supporting sustainable trade and the transition to a low-cost economy. low carbon, going beyond its own reach.
Agent IQ Announces Integration with the Q2 Platform to Deliver Enhanced Digital Banking Experience
Agent IQ, Inc., the leader in digital customer engagement for financial institutions, announced their integration partnership with Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending. The integration partnership means that Agent IQ can now offer an integrated solution that embeds the Agent IQ platform into Q2’s digital banking solution, enabling customers to select and engage directly with a banker.
