Search Results for: Central banks

FlowX.AI Raises the Largest Enterprise Software Series a in the Last Two Years to Transform Application Modernization at Large Banks
Artificial Intelligence Fintech Funding News

FlowX.AI Raises the Largest Enterprise Software Series a in the Last Two Years to Transform Application Modernization at Large Banks

PR Newswire
FlowX.AI, the world’s first AI enterprise application modernisation platform for large financial services organizations, announces that it has raised a $35 million Series A funding round. The round was led by London-based Dawn Capital, Europe’s leading specialist B2B software investor, with existing investors PortfoLion, SeedBlink, and DayOne Capital participating. FlowX.AI will use the funds to fuel further......
Pagaya’s Centralized AI-Powered Network Facilitates Credit Union’s Access to Capital from Leading Alternative Investment Firms
Investment Services News

Pagaya’s Centralized AI-Powered Network Facilitates Credit Union’s Access to Capital from Leading Alternative Investment Firms

Business Wire
 Angelo Gordon, ATLAS SP Partners, and Värde Partners to Provide Liquidity through Pagaya Network for Multi-Billion Dollar Credit Union Amid Market Uncertainty Pagaya Technologies LTD., a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, announced a partnership with a group of leading alternative investment firms – Angelo......
Wultra and iProov Partner to Bring Biometric Technology to Banks and Financial Services Technology Providers
Banking News

Wultra and iProov Partner to Bring Biometric Technology to Banks and Financial Services Technology Providers

Business Wire
Raiffeisen Bank deploys biometrics to enable remote enrolment and account reactivation iProov, the global leader in biometric authentication, announced a partnership with Wultra, the leading digital banking security provider in the Czech Republic. The partnership enables Wultra to provide iProov’s biometric solutions suite as part of its portfolio of digital......
Hashflow and MoonPay Partner to Simplify Crypto On-Ramps for the Growing Decentralized Exchange
DeFi News

Hashflow and MoonPay Partner to Simplify Crypto On-Ramps for the Growing Decentralized Exchange

PR Newswire
Hashflow users can now purchase digital assets directly on the Hashflow Exchange using credit cards Hashflow, a leading decentralized finance (DeFi) trading platform, announced a partnership with the leading Web3 infrastructure company, MoonPay, to integrate crypto on-ramps to the exchange. Beginning today, traders can easily purchase digital assets and start trading immediately......
Crypto and the Developing World: Empowering Women through Decentralized Finance
DeFi Guest Posts

Crypto and the Developing World: Empowering Women through Decentralized Finance

Cristina Ceban
Imagine being excluded from the formal financial system, unable to access traditional banking services and feeling powerless over your financial future. Unfortunately, this is the reality for many women in the developing world. The lack of access to formal financial services not only limits women’s financial opportunities but also puts......
Stabolut Launches New Bitcoin-backed, Decentralized Stablecoin, USB
Cryptocurrency Digital Payments News Uncategorized

Stabolut Launches New Bitcoin-backed, Decentralized Stablecoin, USB

Business Wire
Introducing a dollar-pegged, Bitcoin-backed stablecoin, built without dependencies on banks Stabolut, a startup building a completely new worldwide payments ecosystem, announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin that is not reliant on banks, called USB. Available as of today, USB is a stablecoin issued under a groundbreaking model......
Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot
Banking News

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot

Business Wire
The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the......
The Rise of Partnerships Between Fintechs, Banks and Credit Unions
Banking Fintech Guest Posts

The Rise of Partnerships Between Fintechs, Banks and Credit Unions

JB Orecchia
In recent years, the traditional banking sector has faced significant competition from digital alternatives such as banking as a service (BaaS) and embedded finance. According to a survey conducted by Economist Impact, over half of C-suite banking executives are aware and wary of this increased competition. However, in a new......
Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot
Banking News

Central Bank of Montenegro Signs Agreement with Ripple to Develop a Digital Currency Strategy and Pilot

Business Wire
The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the......
The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency
Banking Digital Payments News

The Digital Currency Monetary Authority Launches an International Central Bank Digital Currency

PR Newswire
Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF. Universal Monetary......
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