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.
Visa and Partners Bring Interoperability to Digital Person-to-Person Payments
Visa announced it is partnering with PayPal and Venmo to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the US will be able to start moving money seamlessly between the two platforms.
Digital River Now Offers Pay Later Options Afterpay and Clearpay
Digital River, an experienced global commerce enabler for established and fast-growing brands, announced it is now offering Afterpay and Clearpay to address growing consumer interest in buy-now-pay-later (BNPL) options.
Mississippi-Based Bank Chooses Teslar Software to Streamline Lending Process
Magnolia State Bank and Teslar Software announced their partnership to help manage exceptions volume and enhance the lending process. The $420 million-asset community bank will leverage Teslar’s sophisticated exceptions tracking tools to save time and boost efficiencies.
Moomoo Launches Virtual Stocks Competition During Financial Literacy Month
Moomoo, a tech-driven financial services platform offering professional trading tools and an engaged social community, announces its virtual paper trading competition as part of its Financial Literacy Month activities in April.
The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency
Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.
