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Cryptocurrency Payments Go Mainstream: Why eCommerce Brands are Adopting it
Blockchain Cryptocurrency E-commerce Featured News

Cryptocurrency Payments Go Mainstream: Why eCommerce Brands are Adopting it

Fintech Staff Writer
by Fintech Staff Writer0
Major Tom is offering free cryptocurrency payment integrations on Shopify stores as this is a huge growth opportunity for eCommerce brands Cryptocurrency is no longer a conversation saved for the dredges of the internet. In 2021, we saw the explosion of crypto on the mainstream market. A token plainly named......
Hilco Global Mexico Appointed Primary Servicer of Major Payroll Loan Company in Mexico
Banking News

Hilco Global Mexico Appointed Primary Servicer of Major Payroll Loan Company in Mexico

Fintech News Desk
by Fintech News Desk0
Hilco Terracota, a subsidiary of Hilco Global and Hilco Global Mexico, was appointed as the Primary Servicer of one of the major Payroll Loan Companies in Mexico and Colombia (the “Company”).  The Company has recently filed for Chapter 11 Bankruptcy in the US and Mexico and is undergoing a major restructuring process.  As part of the Company’s restructure, most......
New York Community Bank Provides Real-Time Payment Processing Utilizing The Provenance Blockchain For Figure Technologies Inc. Secondary Trading
Banking Digital Payments News

New York Community Bank Provides Real-Time Payment Processing Utilizing The Provenance Blockchain For Figure Technologies Inc. Secondary Trading

Fintech News Desk
by Fintech News Desk0
New York Community Bancorp, Inc.  announced that its banking subsidiary, New York Community Bank (the “Bank”), successfully completed a groundbreaking digital payment process through the creation of a blockchain-based digital marker, allowing Figure Technologies, Inc. (“Figure” or “FTI”) to conduct real-time secondary trading in digital shares of its stock utilizing Figure......
Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program
Finance News

Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
KeyCorp announced that KeyBank has sold its indirect retail auto loan portfolio and that KeyCorp has entered into an accelerated share repurchase (ASR) program. “We are committed to returning capital to our shareholders and our share repurchase program is an important part of that commitment,” said Don Kimble, Chief Financial Officer......
Elinphant Celebrates Fifth Anniversary of Providing Specialized Compliance Solutions to Wide Range of Financial Services Companies
Fintech News

Elinphant Celebrates Fifth Anniversary of Providing Specialized Compliance Solutions to Wide Range of Financial Services Companies

Fintech News Desk
by Fintech News Desk0
Industry Veterans Virginia Harnisch, Glen Garofalo join Elinphant’s team of compliance experts CEO Elin Cherry credits Elinphant workers’ determination for firm’s successful growth during the pandemic Elinphant, the woman-owned international financial compliance consulting firm, marked its fifth anniversary, celebrating its growth from a one-person shop to a full-service operation providing......
Varo Bank Raises $510 Million of Growth Capital
Fintech News

Varo Bank Raises $510 Million of Growth Capital

Fintech News Desk
by Fintech News Desk0
As the first and only consumer fintech with a national bank charter, Varo advances its vision of creating an innovative and inclusive bank for all of us Varo Bank, N.A., the first all-digital, nationally chartered bank in the US, announced it closed a $510 million oversubscribed funding round.  The round......
Peak Fintech Receives Approval for Common Shares to Begin Trading on NASDAQ
Fintech News

Peak Fintech Receives Approval for Common Shares to Begin Trading on NASDAQ

Fintech News Desk
by Fintech News Desk0
Peak Fintech Group Inc., an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that the Nasdaq Stock Market LLC has approved the listing of the Company’s common shares on the Nasdaq Capital Market (“NASDAQ”). “The listing of our shares on the NASDAQ represents a significant......
Dynamic Funds Announces Intention To Assume Full Operational And Investment Management Responsibilities Of Nine Dynamic Active ETFs from BlackRock Canada
Investments News

Dynamic Funds Announces Intention To Assume Full Operational And Investment Management Responsibilities Of Nine Dynamic Active ETFs from BlackRock Canada

Fintech News Desk
by Fintech News Desk0
Dynamic Funds and BlackRock Asset Management Canada Limited, an indirect, wholly owned subsidiary of BlackRock, Inc., jointly announced Dynamic Funds’ intention to assume management of the nine Dynamic Active exchange-traded funds listed below (collectively, the “Dynamic Active ETFs”), pending regulatory, stock exchange and unitholder approvals. BlackRock Canada is currently the......
Broadridge Hires FinTech Fixed Income Veterans to Join LTX
Fintech News

Broadridge Hires FinTech Fixed Income Veterans to Join LTX

Fintech News Desk
by Fintech News Desk0
FinTech Veterans Ted Bragg and Jim Kwiatkowski join LTX leadership team to drive next generation corporate bond trading platform digitization Broadridge Financial Solutions, Inc., a global Fintech leader, announced that Ted Bragg and Jim Kwiatkowski have joined LTX, a Broadridge company offering a new AI-driven digital trading platform for corporate bonds. Bragg and Kwiatkowski......
Future FinTech Signs Term Sheet to Acquire Supply Chain Software Business
Blockchain Fintech News

Future FinTech Signs Term Sheet to Acquire Supply Chain Software Business

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain-based e-commerce business and a fintech service provider, announced that on August 30, 2021, the Company signed an equity acquisition term sheet (the “Term Sheet”) to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd. (“Dianfa Technology”). The Term Sheet represents......
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