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.
Shield Launches New Version with Robust eDiscovery Capabilities, Empowering Compliance Teams to Work Better
Shield (the Company), the world’s leading workplace intelligence platform for compliance teams, announced a new version of its award-winning, end-to-end communication compliance platform, including an industry-defining eDiscovery tool that offers firms a fast response to regulatory inquiries while increasing team efficiency and enabling collaborative case management.
BTSE Crypto Exchange Launches First-Ever USDD Perpetual Futures
Perpetual futures have several use cases. They can introduce hedging and risk management into a portfolio, improving its resilience during moments of high volatility in market conditions. They also provide short exposure by allowing traders to bet against an asset’s performance, enabling the possibility to reap profits during a downturn. Additionally, futures give traders a way to enter leveraged positions (also called margin trading), which is the practice of using borrowed capital to potentially increase returns. Unlike traditional futures, perpetual futures don’t expire. They now account for 66% of open interest and 93% of trading volume in the crypto space.
Coinme Announces USDC-powered Global, Borderless Digital Cash and P2P Payments
Coinme, a leading cryptocurrency cash exchange in the U.S., and Circle, a global internet finance firm and the issuer of USD Coin (USDC), today announced at Consensus 2022 a strategic collaboration to integrate USDC into Coinme’s global cash onramp and offramp ecosystem. The integration promotes financial inclusion by enabling borderless digital cash to be accessible across thousands of locations worldwide, making it simple and affordable to cash in, cash out, and send USDC.
Anubi Digital enters a Partnership with Maple Finance to bring its Clients new Opportunities in institutional DeFi
Anubi Digital is bringing institutional DeFi to Italy for the first time, through the existing partnerships with Aave Arc and Celsius Network and now by launching a major new project with Maple Finance.
BankProv Provides Banking-as-a-Service Support for Etana Custody
BankProv a future-ready commercial bank that offers adaptive and technology-first banking solutions to emerging industries, announced today a new Banking-as-a-Service (BaaS) partnership with Etana Trust Company (dba Etana Custody), an independent, qualified, global custodian for fiat and digital assets, to connect digital assets with the legacy financial systems.
