Search Results for: Transaction Banking

Singapore's Volopay raises $2.1m
Blockchain

Shyft Network launches the Veriscope Governance Task Force in collaboration with some of the industry’s largest global liquidity providers

Fintech News Desk
Veriscope is a blockchain-based compliance framework and smart contract platform for Virtual Asset Service Providers (VASPs). When VASPs onboard, they create a public-private key that represents them (A Shyft address). When users are onboarded, they also create an independent Shyft Address. When users become clients of a particular VASP, it......
Wells Fargo Finances Columbia Threadneedle’s Project Victoria Acquisition
Fintech Investment Services News

Wells Fargo Finances Columbia Threadneedle’s Project Victoria Acquisition

Fintech News Desk
Wells Fargo & Company announced that its subsidiary, Wells Fargo Bank N.A. (London Branch), has provided debt financing to Columbia Threadneedle Investments (Columbia Threadneedle), part of Ameriprise Financial. The senior term loan of £163.5 million funded Columbia Threadneedle’s acquisition of the Project Victoria portfolio, a group of property assets purchased from......
Jiko Acquires Mid-Central National Bank to Deploy Its Innovative Money Platform
Fintech Mobile Banking News

Jiko Acquires Mid-Central National Bank to Deploy Its Innovative Money Platform

Fintech News Desk
Jiko Group, Inc., a new bank holding company building an innovative money platform, announced it has completed its acquisition of Mid-Central National Bank – formerly Mid-Central Federal Savings Bank – headquartered in Wadena, MN. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers The transaction, which was approved......
Banking Fintech News

Bogota Savings Bank and Gibraltar Bank to Merge

Fintech News Desk
Bogota Financial Corp. (“Bogota Financial”) (Nasdaq: BSBK), the holding company for Bogota Savings Bank (“Bogota”), and Gibraltar Bank (“Gibraltar”) today announced the execution of a merger agreement pursuant to which Gibraltar will merge with and into Bogota. The merger is expected to increase Bogota Financial’s consolidated assets from approximately $738.7......
Artificial Intelligence Fintech InsurTech

Majesco Recognized as a Leader in Insurance Agency Portals, Q3 2020 Analyst Evaluation

Fintech News Desk
Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced that it has been recognized as a leader in The Forrester Wave™: Insurance Agency Portals, Q3 2020 report. The Forrester Wave™ evaluation highlights Leaders, Stronger Performers, Contenders, and Challengers. It’s an assessment of the top vendors......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Banking Fintech News

Oneiro, Inc. Launches First Central Bank Digital Currency Platform on Cosmos Protocol Aimed Toward Banks and Financial Institutions

Fintech News Desk
Oneiro offers a turn-key solution for emerging economies to digitize central banking and overcome the cost, complexity, and structural barriers inherent in traditional approaches Oneiro (https://oneiro.io), global provider of high-performance blockchain solutions, and developer of the first adaptive digital currency ndau.io announced today it has launched a new software platform aimed......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Blockchain News

Government of Bermuda Pilots Digital Stimulus Token in Collaboration with Stablehouse

Fintech News Desk
The digital stimulus pilot token, developed by Stablehouse, aims to showcase how blockchain technology can increase access to digital payments, while solving some of the inherent challenges with stimulus programs Stablehouse, a pioneering payment and FX exchange platform for stablecoins, and the Government of Bermuda have commenced a test pilot......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Fintech News

Niyogin Fintech to acquire 51% strategic stake in iServeU

Fintech News Desk
Niyogin’s vision is to create a full-stack digital platform for unserved or underserved and bring best in class products and services on the platform. Niyogin has been scaling its unique platform through a network of financial professionals and with products such as wealth, credit, and other SaaS-based products that help......
First BanCorp. Completes Acquisition of Banco Santander Puerto Rico
Banking Fintech News

First BanCorp. Completes Acquisition of Banco Santander Puerto Rico

Fintech News Desk
First BanCorp, the bank holding company for FirstBank Puerto Rico (“FirstBank”), announced the completion of its previously announced acquisition of Santander BanCorp (“Santander BanCorp”) and its wholly-owned subsidiary Banco Santander Puerto Rico (“Banco Santander”). In connection with the acquisition, Santander BanCorp and Banco Santander will be merged into FirstBank, with......
India’s Largest Bank Modernizes its Payment Switching System with ACI Worldwide Technology
Fintech News

ACI Worldwide and Partners Capsys and T-Systems Power Majority of Hungary’s Real-Time Payments

Fintech News Desk
Hungarian financial institutions are leveraging ACI’s Real-Time Payments solution to capitalize on expected rise in digital transaction volumes ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it powers approximately 75 percent of Hungary’s real-time payments, after the successful go-live of......
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