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LendingClub Adds Client-to-Client Sales to Its LCX Automated Loan Auction Platform
LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, announced a major enhancement to its automated loan auction platform, LCX. Institutional investors can now sell LendingClub loans directly to each other on the platform, increasing liquidity for this market-leading asset via an efficient digital marketplace.
ZenLedger Raises $15 Million in Series B Funding To Expand Crypto Tax Solutions
ZenLedger, a global leader in cryptocurrency data analysis, accounting, and tax, announced the close of its $15M Series B funding. The round is led by ParaFi Capital with participation from Bloccelerate VC (Series A lead), King River Capital, G1 Ventures, Main Street Investment, Three Point Capital, Shorooq Partners, VaynerFund, Blizzard the Avalanche Fund, and AngelList Quant Fund.
Ascend Federal Credit Union Names Lumin Digital As Partner for Enhanced Digital Banking Services
Lumin Digital announced that Tennessee-based Ascend Federal Credit Union (Ascend) has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Lumin Digital will support Ascend’s more than 244,000 members and more than $3.7 billion in assets once the credit union goes live on the platform in June 2022.
Binance to Enhance KYC and Sanctions Screening Program with Kharon, Neterium Partnership
Kharon, a data and analytics company providing organizations with intelligence at the intersection of global security and commerce, announced a partnership with Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, and Neterium, an API-native and cloud-native screening provider.
Swift and CapGemini Work on CBDC Gateway to Existing Payment Networks
In 2021, Swift conducted a first set of CBDC experiments that demonstrated it could successfully orchestrate a cross-border transaction between one entity on a DLT-based CBDC network and a second running on an established real-time gross settlement (RTGS) system.
