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.
Mswipe Names Ketan Patel as CEO
 India’s leading independent financial services platform for MSMEs, Mswipe, announced the appointment of Ketan Patel as the Chief Executive Officer. Founder Manish Patel, who has built the company over the last one decade as India’s largest POS player and leading end-to-end digital enabler of MSMEs, will move into the role of Managing Director.
Rapyd to Acquire Valitor Expanding Access to Global Payments for its European Customers
Rapyd, a global Fintech as a Service company, has entered into a definitive agreement with Arion Banki (Arion Bank) to acquire Valitor, an Icelandic payments solutions company. The deal size is $100 million and subject to regulatory approval.
DeFi Platform DOGGES Unveils Groundbreaking Decentralized Products Platform – the Pioneer Decentralized Ecosystem, Is Launched to Redefine How DeFi Works
The DOGGES decentralized platform is coming at a time where the number of DeFi users is increasing exponentially. According to Dune Analytics, the number of DeFi users in April 2021 has followed an exponential trend, surpassing 250, 000 users, and representing a five-fold increase especially when compared to a year ago. In addition, the trading volume on decentralized exchanges soared to an all-time record of $60 billion in 2021, from the previous record of $26 billion set in September 2020.
Circle Launches Support for USDC on TRON, Expanding Its Foothold Across Asia
Circle, a global financial technology firm that provides payments and financial infrastructure for internet businesses, announced support for USD Coin (USDC) on TRON, one of the largest and most used blockchain networks in the world.
The ai Corporation Teams up with the University of Southampton to Tackle Fraud with Machine Learning
The ai Corporation (ai), an FCA approved expert in payments, fraud and risk management, and the University of Southampton (UoS), announced the launch of a ground breaking research partnership, that aims to further improve fraud risk strategy automation through machine learning.
