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 lives.
Astound Commerce Announces Investment From RLH Equity Partners
Global digital commerce specialist Astound Commerce announced today that it has reached an agreement with Los Angeles, California–based RLH Equity Partners to make a major investment in its business, with additional participation from Salesforce’s corporate investment group, Salesforce Ventures. The RLH–Astound transaction became effective on Thursday, May 6, and comes after several months of in-depth conversations between the Astound and RLH leadership teams.
Voya Financial to Acquire Benefit Strategies, LLC
Voya Financial, Inc., announced today that it has entered into an agreement to purchase Benefit Strategies, LLC, a leading third-party administrator of health savings and spending accounts.
Orange Bank Chooses Atos to Support the Evolution and Security of its Employees’ Work Environment
Atos announces that it has signed a contract with Orange Bank, the 100% mobile bank of the telco operator Orange, to manage and secure the digital workplace of all its employees worldwide. Atos’ cloud-based Advanced Digital Workplace solution provides Orange Bank employees with a new unified work experience, regardless of their location or device. The entire solution is secured by Atos’ Security Operations Center (SOC), which meets the requirements of Orange Bank and the banking industry.
Kava Announces Kava Swap, a Liquidity Hub Bridging DeFi, Blockchains, and Financial Services
Kava Labs announced its next project, Kava Swap, the first production ready cross-chain liquidity hub for all DeFi apps and financial services. Designed to enable the aggregation of capital where it can be deployed seamlessly across different blockchain ecosystems, DeFi Apps, and Financial Services, Kava’s new protocol will give traders and liquidity providers the ability to swap natively between the world’s largest assets while earning strong yields.
Finastra Extends Partnership with Be | Shaping the Future with Managed Services Cloud Proposition
Finastra has extended its long-standing partnership with Be | Shaping the Future (Be), an international group providing consulting, IT and digital engagement services to the financial services industry. The move will see Be providing managed services – through its Germany-based subsidiary Be | Shaping the Future GmbH – for Finastra’s treasury and capital markets software (Fusion Kondor and Fusion Risk) deployed in the cloud across Germany, Austria and Switzerland (DACH).