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Fly Now Pay Later Secures USD $75m From Atalaya Capital Management to Continue Its Rapid International Roll Out
Fintech News

Fly Now Pay Later Secures USD $75m From Atalaya Capital Management To Continue Its Rapid International Roll Out

Fintech News Desk
by Fintech News Desk0
– Juniper Research anticipates that Buy Now, Pay Later (BNPL) will account for more than 50% of the market for embedded finance by 2026. – Domestic travel spend in the United States is forecast to hit 968 billion U.S. dollars by 2024, according to Statista. – BNPL continues to earn......
OneConnect Inks New Strategic Partnership Agreement with Chengfang Financial Technology
Finance News

OneConnect Inks New Strategic Partnership Agreement with Chengfang Financial Technology

Fintech News Desk
by Fintech News Desk0
OneConnect Financial Technology Co., Ltd., a leading technology-as-a-service platform for financial institutions has today announced it has entered into a strategic partnership with Chengfang Financial Technology Co. Ltd., (abbreviated as “Chengfang Financial Technology”), a financial technology company established by the People’s Bank of China (“PBOC”). Working with shared principles of equal collaboration,......
Huobi Global Announces Launch of Prime Earn, Offering Premium, High Yield Staking Products for Investors
Digital Asset Management News

Huobi Global Announces Launch of Prime Earn, Offering Premium, High Yield Staking Products for Investors

Fintech News Desk
by Fintech News Desk0
Huobi Global, one of the world’s leading digital asset exchanges, announced the launch of Prime Earn, a premium investment product under Huobi Earn that provides mainstream crypto investors with high annualized percentage yields (APY) for staking tokens. The addition of Prime Earn supplements Huobi Earn’s existing suite of investment products,......
BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West
Banking News

BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West

Fintech News Desk
by Fintech News Desk0
Expansion to major new U.S. geographies, including highly attractive California market, a natural next step in BMO’s North American growth strategy BMO Financial Group, and its indirect wholly-owned Chicago-based subsidiary BMO Harris Bank N.A., announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries,......
HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC, Securities And Foreign Exchange Settlement Capability
Currency Exchange Digital Wallet News

HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC And Foreign Exchange Settlement Capability

Fintech News Desk
by Fintech News Desk0
Initiative is the Latest Innovation Resulting from Groundbreaking CBDC Experimentations Led by Banque de France HSBC and IBM announced the successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital currencies (CBDC) in a hybrid cloud environment. Several previous initiatives have......
Upbit/Dunamu Blockchain Affiliate Lambda256 launches a blockchain consortium mainnet
Blockchain News

Upbit/Dunamu’s Blockchain Firm Lambda256 Raises $60 Million in Series B Funding

Fintech News Desk
by Fintech News Desk0
Lambda256 is a blockchain unit of Dunamu, the operator of Upbit – one of the world’s largest cryptocurrency exchanges by volume Lambda256, the blockchain arm of Korea’s leading fintech firm Dunamu, announced it has secured $60 million (70 billion KRW) in a Series B round that values the company at over $300......
Binance Announces Security Audit Program 'Project Shield' to Enhance User Protection
Fintech News

Binance Announces Security Audit Program ‘Project Shield’ to Enhance User Protection

Fintech News Desk
by Fintech News Desk0
Binance, the world’s leading blockchain ecosystem, announced a new layer of user protection with the implementation of ‘Project Shield’. BEP-20 and ERC-20 based projects listed on the Binance centralized exchange are audited in Project Shield. Fees for audits are covered by Binance and this is the first time that a......
NFTmall Integrates Chainlink VRF To Provide Randomness To Its NFTs And GameFi Products
Blockchain Cryptocurrency News

NFTmall Integrates Chainlink VRF To Provide Randomness To Its NFTs And GameFi Products

Fintech News Desk
by Fintech News Desk0
NFTmall announces the integration of Chainlink Verifiable Random Function (VRF) into the NFTmall ecosystem on Ethereum and Binance Smart Chain (BSC) and Avalanche mainnets. By integrating the industry-leading decentralized oracle network, they now have access to a tamper-proof and auditable source of randomness needed to help mint genesis NFTs with provably random traits and......
TRADERVERSE Launches Social Channels As First Step in Empowering Traders Through Intelligent Social Networking
News Trading

TRADERVERSE Launches Social Channels As First Step in Empowering Traders Through Intelligent Social Networking

Fintech News Desk
by Fintech News Desk0
TRADERVERSE, a next-generation intelligent social trading platform, has launched its Twitter, Telegram, and Discord channels in a bid to position itself as the leading social universe for stock and crypto traders. Built for traders by traders and already attracting some of the world’s top trading influencers to its doors, TRADERVERSE’s goal is to to......
As Global Cryptocurrency Wobbles, Market Value Still Projected To Reach $4.94 Billion By 2030
Cryptocurrency News

As Global Cryptocurrency Wobbles, Market Value Still Projected To Reach $4.94 Billion By 2030

Fintech News Desk
by Fintech News Desk0
FinancialNewsMedia.com News Commentary Cryptocurrency is known as virtual currency. It is a form of currency that exists digitally only and has no central issuing or regulating authority above. It uses blockchain technology to authenticate the transactions. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Furthermore, it......
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