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.
OnPoint Community Credit Union Introduces New 2% Cash Back Credit Card
OnPoint Community Credit Union announced the OnPoint Signature Visa® with Cash Back Rewards, a new credit card that offers members who qualify for OnPoint Bundle Rewards 2% cash back on all purchases, with no annual fee or spending limits. In addition to offering one of the highest cash back rates available from an Oregon credit union, OnPoint’s new card offers low introductory rates on new purchases and balance transfers along with a vast array of additional rewards and perks
Sridhar Ande Joins Payactiv as CFO
Payactiv, Inc., a leading provider of financial-empowerment services for wage earners, hired veteran financial-services executive Sridhar Ande as chief financial officer to execute on a new phase of its accelerated growth.
Zoom Elevates Platform Experience With Launch of Zoom Apps and Zoom Events
Zoom Video Communications, Inc. announced the general availability of its latest innovations, Zoom Apps and Zoom Events. Zoom Apps seamlessly embeds third-party apps within the Zoom Meetings and desktop client experience, enhancing collaboration, productivity, and entertainment for today’s hybrid workforce. Zoom Events is an all-in-one platform for creating a wide range of interactive and immersive virtual events to reach and engage audiences.
Visa to Acquire Currencycloud
Visa announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and retention incentives. The financial consideration will be reduced by the outstanding equity of Currencycloud that Visa already owns.
Cellulant Gets Approval from Bank of Tanzania to Become a PSSP
The Bank of Tanzania (BOT) has issued an approval in principle to Cellulant Corporation to operate as a Payment Solution Service Provider in Tanzania having satisfied all the necessary requirements.
