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.
Mastercard acquired cloud-based cybersecurity company Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. Baffin Bay Networks, based in Sweden, adds to Mastercard’s multi-layered approach to cyber security and helps to stop attacks, while mitigating exposure to risk across the ecosystem.
Today marks the formal introduction of the spot block trading service by Gate.io, the top cryptocurrency exchange, which will serve institutional and high-net-worth clients. This service offers strong liquidity as well as specialised assistance. It provides the most competitive quotes by combining with the top liquidity pools on the planet.
Western Union and MoMo announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator’s services have become available on a leading super app in Vietnam.
Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators to bring financial products and services to market with greater speed and growth potential.
Axis Bank, the third-largest private sector bank in India, and Autotrac Finance Limited Ltd (AFL), a non-banking financial company based in Gurgaon, announced their strategic alliance today via the Yubi Co.Lend platform. Both institutions will provide “New Tractor Loans” through this agreement for agricultural and related operations to meet the financial demands of the rural sector of the nation.