Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

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.

MoneyGram Announces Minority Investment in Coinme, the Largest Licensed Cryptocurrency Cash Exchange

MoneyGram International, Inc. announced that the Company has completed a strategic minority investment in Coinme, a leading cryptocurrency cash exchange in the US. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round and provides MoneyGram with a direct ownership position in one of the first and fastest growing cryptocurrency companies in the world.

Wirex Integrates World’s Largest Non-USD Fiat-Backed Stablecoin, XSGD on Platform

Wirex, a leading digital payments platform, has added six new stablecoins to their platform as they continue their mission to bring crypto to the mainstream. The latest to be integrated is XSGD, the world’s largest non-USD fiat-backed stablecoin.

CSI Partners with NYDIG to Provide Financial Institutions Secure Access to Bitcoin

Computer Services, Inc., a provider of end-to-end fintech and regtech solutions, has partnered with NYDIG, a leading bitcoin company, to offer a full suite of turnkey Bitcoin services to community financial institutions.

Powered by NYDIG, the new offering allows banking customers to buy, sell, and hold bitcoin directly within CSI’s digital banking platform, creating a safe and efficient way for users to manage their digital transactions.

DailyPay Announces Its Digital Wallet Solution to Help Workers Stay Financially Stable

DailyPay, featured in TIME’s “Best Inventions of 2021,” announced their one-of-a-kind digital wallet solution. DailyPay’s digital wallet solution is designed for everyday working Americans, many of whom are facing unprecedented financial challenges with the resurgence of the pandemic. The DailyPay wallet solution is the only digital wallet that automatically fills itself every day a user works, reflecting their pay balance in real-time.

Esker To Acquire Majority Stake In Market Dojo, Enhancing Its Procure-to-Pay Suite

Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, announced that it has reached an agreement with the shareholders of Market Dojo Limited, a UK-based eProcurement software company.

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