Search Results for: electronic money institution
Interactive Brokers Expands Cryptocurrency Trading
New Features Include 24/7 Trading and Additional Coins Interactive Brokers an automated global electronic broker, introduced the ability for customers to access 24/7 crypto trading through an enhanced web application available from Paxos Trust Company. Clients who elect to manage the funding of their crypto account themselves can pre-fund their......
Fund Transfers Now Made Easier and Faster With Tonik via InstaPay
Tonik, the Philippines’ first neobank, continues to make digital banking easy and convenient for Filipinos through the integration of InstaPay services on its mobile app. This makes the neobank the first officially BSP- recognized and licensed digital bank in the country to fully implement InstaPay services. Latest Fintech News: Rubik Lands $3.5 Million Seed Round......
Blackhawk Network and Klarna Partner to Offer Consumers More Flexible Payments In-store
Shoppers can now use Klarna at certain physical locations across Blackhawk’s US network A new partnership between global branded payments provider, Blackhawk Network, and leading global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical......
CURO Completes Acquisition of First Heritage Credit and Adds Funding Capacity
CURO Group Holdings Corp. a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, today announced that it has completed its previously announced acquisition of First Heritage Credit (“FHC”), a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other......
Bitso Launches its International Transfer Service in Colombia
Colombians can now receive funds seamlessly and securely from the U.S. Bitso becomes the only company in the country to offer digital dollars purchases, yields, and now international transfer services Bitso, the leading cryptocurrency platform in Latin America with more than 5 million users, announced that its international transfer service......
OwlTing Group Leverages Dow Jones Watchlist for OwlPay to Achieve Robust Global Regulatory Compliance
Global cross-border transactions are increasing in demand. According to Juniper Research, a UK-based market research company, the total amount of global B2B cross-border transactions will grow from 34 trillion USD in 2021 to 42 trillion USD by 2026. With alternative transactions gaining popularity, the financial regulations in various countries become stricter. In light of......
Derivative Path Teams Up with Goldman Sachs to Deliver FX and Global Payments to US Regional and Community Banks
Derivative Path, a leading provider of capital markets technology and derivatives execution services to regional and community banks, announced it is collaborating with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments. Using TxB’s API-based platform,......
Small Business Platform Autobooks Announces $50Million Series C Led by Macquarie Capital Principal Finance
Autobooks, an emerging payment and accounting platform secures long-term capital provider to accelerate distribution into 1/3 of U.S. banking market. Autobooks, the payment and accounting platform used by more than 800 financial institutions, announced it has raised $50 million in a Series C round led by Macquarie Capital Principal Finance.......
What is a Fintech Company?
A Fintech company is a software development and service provider. The Fintech company synchronously offers Cloud-based solutions and integrations to financial services companies. Fintech companies use emerging technologies such as Artificial Intelligence, RPA, Machine learning-based document processing, NLP, and business analytics. Big banks, insurance companies, digital wallets, and AI-based Mobile......