Search Results for: money transfe

Illuminate Financial Invests $4 Million in Baton Systems
Banking Investment Services News

Illuminate Financial Invests $4 Million in Baton Systems

Fintech News Desk
by Fintech News Desk0
Largest Investment To-Date for the FinTech VC Brings Baton’s Total Funding to $16 Million Baton Systems (“Baton”), a provider of distributed ledger-based post-trade solutions for capital markets, has received a $4 million investment from Illuminate Financial Management. Baton’s total of $16 million in funding, which also includes investors Trinity Ventures, Alsop Louie and Commerce Ventures, will......
N26 Strengthens Executive Leadership Team with New C-Level Hires
Mobile Banking News

N26 Hits 250,000 U.S. Customers in First Five Months

Fintech News Desk
by Fintech News Desk2
Globally, the Company Recently Reached 5 Million Customers to Coincide With Its Fifth Anniversary Following a Year of Record Growth N26 Inc., the US subsidiary of one of Europe’s fastest-growing mobile banks, N26 GmbH, announced it has reached 250,000 U.S. customers. Having only launched in the U.S. last August in......
Featured Fintech Radar Fintech Startups

Global Fintech Unicorns to Watch out For in 2020

Paroma Sen
by Paroma Sen0
A unicorn startup is one with a $1 Bn in valuation or more. As of December 2019, there were over 400 unicorns around the world, across multiple industries. More recently, the fintech industry has seen monster growth and change. Owing to the pace of development in the financial technology segment,......
FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks
Banking News

FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks

Fintech News Desk
by Fintech News Desk0
Additional Identity and Authentication Technologies Needed With Fraud Expected to Increase in 2020 4 out of 5 Asia Pacific banks (78%) say the introduction of real-time payments platforms in their country has resulted in increased fraud losses Additional identity and authentication technologies are needed with social engineering named by 2 in 5......
Silicon Valley Coin by Andra Capital Uses Tezos Blockchain and TokenSoft for Its Security Token Offering
Blockchain Fintech News

Silicon Valley Coin by Andra Capital Uses Tezos Blockchain and TokenSoft for Its Security Token Offering

Fintech News Desk
by Fintech News Desk0
Investors Have Access to Pre-IPO Technology Companies Andra Capital, a San Francisco based venture capital firm, announced plans to issue Andra’s Silicon Valley Coin (SVC) via a Security Token Offering (STO). Collaborating with the Tezos Foundation, SVC will utilize TokenSoft’s issuance platform and be built on the Tezos blockchain. Andra Capital’s open-ended technology fund (the “Fund”)......
BitPay Card Adds Support for Apple Pay
Blockchain Cryptocurrency News

BitPay Launches XRP Payments as Major Merchants Sign On

Fintech News Desk
by Fintech News Desk0
eGifter and CARE Among First BitPay Merchants to Accept XRP BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced the launch of XRP payments and cross-border transfers with added support for XRP to the BitPay Wallet app. The blockchain payments giant worked alongside Ripple developer platform Xpring to......
NICE Actimize Adds Cryptocurrency Innovator CipherTrace to X-Sight Marketplace to Enhance Due Diligence and Reduce Risk
Banking Fintech News

NICE Actimize Adds Cryptocurrency Innovator CipherTrace to X-Sight Marketplace to Enhance Due Diligence and Reduce Risk

Fintech News Desk
by Fintech News Desk0
Complementing NICE Actimize’s AML Solutions Portfolio, Ciphertrace Cryptocurrency Solutions Detect Money Laundering and Enable Regulatory Supervision With cryptocurrency-related compliance issues on the rise, and an increase in enforcement actions anticipated, the need for financial institutions to adopt solid AML programs addressing this market segment is expected to escalate this year.......
Visa Completes Acquisition of YellowPepper
Banking Mobile Banking News

Featured Visa To Acquire Plaid

Fintech News Desk
by Fintech News Desk0
Visa Inc.  announced it has signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay total purchase consideration of $5.3 billion to acquire Plaid. Plaid’s products......
Alaska USA FCU Successfully Launches Payveris’ Intelligent Digital Payments Platform
Banking Fintech News

Alaska USA FCU Successfully Launches Payveris’ Intelligent Digital Payments Platform

Fintech News Desk
by Fintech News Desk0
Payveris LLC, the fastest-growing provider of digital money movement technology to financial institutions announced Alaska USA Federal Credit Union, one of the 20 largest credit unions in the US with $8.3 billion in assets, recently went live with Payveris’ intelligent MoveMoney Platform (SM) to deliver on their next generation digital payments......
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