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.
Veridian Credit Union Partners With Alacriti for Real-Time Payments and Fedwire Modernization
Veridian Credit Union, a full-service financial cooperative with $5.5 billion in assets and more than 260,000 members, has selected Alacriti, an innovator in cloud-based payments and money movement services, as the platform provider that Veridian will use to enable real-time payments over The Clearing House’s (TCH) RTP® network and to accelerate their Fedwire modernization.
U.S. Bank to Acquire Small Business Payments Software Company, Bento Technologies
U.S. Bank has entered into an agreement to acquire Bento Technologies, known as Bento for Business, a fintech company based in Chicago and San Francisco that provides payment and expense management services to small and mid-size businesses. The innovative Bento platform offers businesses simple and easy-to-use tools to better manage card-based payments and other expenses via spend tracking and card transaction controls.
Coinhako, Singapore’s Leading Crypto Platform, Jumps Into The First Ethereum Funded Esports Sponsorship With Team ALMGHTY
Singapore’s leading cryptocurrency trading platform Coinhako is getting into esports, with a sponsorship for Mobile Legends team ALMGHTY, an up-and-coming Singapore esports squad. Approximately half of the sponsorship value is paid in Ethereum, the world’s second largest cryptocurrency by market capitalization. This marks the first cryptocurrency funded esports sponsorship in Singapore. The sponsorship will run from July 2021 until the next esports cycle in July 2022.
Fintech Platform FUSE Autotech Raises $10 Million in Series A Funding Led by Target Global
FUSE Autotech, a fintech software platform that redefines the car buying process, announced the completion of its $10 million Series A round of financing, led by Target Global with participation from PICO Venture Partners, Christopher Muhr, former COO of Auto1 (FSE: AG1), and Escavel Capital. This new round of funding will be used to expand FUSE’s product and R&D teams.
Viasat Makes Connectivity in Mexico More Accessible; Introduces Simplified Payment Options at OXXO Convenience Stores Nationwide
Viasat Inc., a global communications company, announced it has made accessing Viasat’s internet service easier for consumers and businesses across Mexico by offering new simplified payment options—now available at OXXO’s 21,000 convenience stores across Mexico.
