Search Results for: development

Radix Raises $12.7 Million to Support The First Layer-One Protocol for DeFi
Fintech News

Radix Launches First Layer-One Protocol for Decentralized Finance As Congestion on Ethereum Reaches Record Highs

Fintech News Desk
by Fintech News Desk0
Radix publishes White Paper introducing four core technologies to prepare DeFi for mass adoption, including a first-of-its kind developer incentive program Radix announced the launch of the first layer-one protocol for decentralized finance. Radix is made up of four breakthrough technologies: Cerberus, a high-speed network consensus mechanism; Radix Engine, a purpose-built......
VeChain Partners With Grant Thornton Blockchain Cyprus To Provide Advanced Blockchain Solutions
Blockchain Business Fintech News

VeChain Partners With Grant Thornton Blockchain Cyprus To Provide Advanced Blockchain Solutions

Fintech News Desk
by Fintech News Desk0
Grant Thornton Cyprus, one of the world’s largest professional services network of independent accounting and consulting member firms, is partnering with the world-leading enterprise-friendly public blockchain VeChain. Read More: COVID-19 and Automation are Changing Finance for Good This partnership aims to pair and utilize VeChain’s advanced blockchain solutions for various......
Huobi DeFi Labs Launches Global Alliance to Expand the Decentralized Financial Ecosystem with Cross-Border Collaboration
Economy Fintech News

Huobi DeFi Labs Launches Global Alliance to Expand the Decentralized Financial Ecosystem with Cross-Border Collaboration

Fintech News Desk
by Fintech News Desk0
The alliance’s founding members include Huobi, the Maker Foundation, Compound, Nest, and dYdX Huobi DeFi Labs, Huobi Group’s newly-formed decentralized finance (DeFi) division, announced the launch of the Global DeFi Alliance, an international consortium of centralized and decentralized financial service providers and platforms. The alliance was initially joined by Huobi in......
Fenergo Reports Rapid Cloud Adoption in Financial Sector Digital Awakening
Fintech News

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fintech News Desk
by Fintech News Desk0
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
Skan Secures $14 Million Series A to Expand AI-Driven Process Discovery to Enable the Digital Transformation of the Enterprise
Blockchain

Vietnam’s Government Endorses FPT Software’s Blockchain Platform, Pushing for National Digital Transformation

Fintech News Desk
by Fintech News Desk0
Last Thursday, Vietnam’s Ministry of Information and Communications announced the launch of akaChain, an enterprise blockchain platform developed by leading IT firm FPT Software, as part of its national program for digital transformation. akaChain is one of a few made-in-Vietnam digital platforms that were hand-picked by the Government to accelerate......
Future FinTech Enters Into Equity Acquisition Frame Agreement With Joyrich Enterprises Limited
Banking Fintech News

Future FinTech Plans to Enter the Challenger Bank and Digital Payment Sector

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain e-commerce and financial technology company, today announced it plans to enter the challenger bank and digital payment sector. Challenger banks are small, recently created retail banks that compete directly with the longer-established banks, sometimes by specializing in areas under served by the big traditional banks.......
Credit Karma Reimagines Checking for Millions of Americans
Fintech News

Contactless Payment Market to Cross USD 100B by 2026; Global Market Insights, Inc.

Fintech News Desk
by Fintech News Desk0
Some of the major contactless payment market participants include Alcineo, Giesecke & Devrient GmbH, Heartland Payment Systems, Inc., IDEMIA, Identiv, Ingenico Group SA, On Track Innovations Ltd., PAX Global Technology, PayCore, Thales Group, Valitor, Verifone, Visa, Inc., and Wirecard AG.  Global Market Insights, Inc. has recently added a new report......
BMO Completes API Portal for Small Business Customers in Move Towards Open Banking
Banking Business Fintech News

BMO Completes API Portal for Small Business Customers in Move Towards Open Banking

Fintech News Desk
by Fintech News Desk0
To help give small business customers greater control over their financial data, BMO – in partnership with Intuit, maker of TurboTax, QuickBooks and Mint – has now completed the development of a new secure data portal. The portal will allow customers to share their BMO financial data with Intuit QuickBooks......
Thunes Raises $60m in Series B Funding to Accelerate Global Growth
Fintech News

Strong transaction volumes and partner expansion drive global payment network Thunes Q2 2020 growth

Fintech News Desk
by Fintech News Desk0
Record growth in Q2 driven by strong uptake in mobile wallet transactions, global network expansion and rollout of new tech features Thunes, a leading cross-border payments network, today announced an 80% increase in transaction volumes for the second quarter of 2020. Thunes also noted that there was a clear shift......
Warba Bank & Eurisko Mobility Power through the COVID-19 Lockdown to Continue the Bank's Digital Transformation
Fintech Fintech Funding Investment Services News

GrayQuest Raises $1.2 million in Pre-Series A funding Led by Foundation Holdings

Fintech News Desk
by Fintech News Desk0
 GrayQuest, an education-focused fintech company, has raised $1.2 million in Pre-Series A funding led by Foundation Holdings, a strategic global investment firm to increase access to affordable education in India. GrayQuest enables parents to pay their annual education fees in up to 12 monthly instalments – without incurring any extra cost......
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