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.
Financial Institutions Partnering with a Cloud Service Provider Can Better Leverage Technological Innovations
Banks and other financial service industry (FSI) businesses are migrating to the cloud at record rates. Nearly half of all FSIs already use either public or private cloud services, with usage expected to reach 90% by 2023. However, nearly 60% of FSI businesses state they do not have sufficient in-house knowledge for proper cloud execution—a number that has more than doubled since 2018. Therefore, leading FSI companies leverage cloud service partners to optimize the integration, orchestration, and utilization of data, regardless of where the data resides.
dv01, a leading capital markets fintech company driving technological innovation and loan-level transparency in structured finance, announced it has partnered with GoodLeap, America’s number one point-of-sale platform for sustainable home solutions, to further promote data transparency and accountability within the solar asset-backed securities (“ABS”) market.
Pushpay, the leading payments and engagement solutions provider for faith-based and non-profit sectors, announced the entry into a definitive agreement for Pushpay to acquire Resi Media LLC, an industry leading video streaming platform. The acquisition is expected to close by the end of the month, subject to satisfaction of customary closing conditions, and will expand Pushpay’s ability to help organizations increase engagement and expand their digital presence.
Substack Is Now Accepting Bitcoin Payments On The Lightning Network Powered By Bitcoin Payment Processor Opennode
OpenNode, an industry-leading Bitcoin payment processor, announced that Substack, an online publishing platform with over 500,000 paying subscribers, has integrated their Bitcoin API to offer Bitcoin payments on the online publishing platform. OpenNode will power both on-chain and Lightning Network Bitcoin payments.
Klarna, the leading global retail bank, payments and shopping service, announced it has doubled its US customer base since June 2020, reaching a record 20 million customers. The company’s growth is further highlighted by accelerated momentum of the Klarna app, which now maintains 4 million monthly active US users as daily downloads surpass the closest competitor by 20%, according to App Annie.