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Banking News

FinMain and the Mid-Size Bank Coalition of America Accelerate Strategic Partnership to Empower U.S. Banks

Business Wire
by Business Wire0
Collaboration will boost digital transformation across mid-size institutions and roll-out multibank platform utilities FinMain, a leading financial technology digital infrastructure provider and the Mid-Size Bank Coalition of America, the preeminent association representing U.S. mid-size banks, are pleased to announce a strategic partnership aimed at fostering innovation and enhancing digital capabilities......
Moomoo and Its Sister Brand Connect 20 Million Users with the Interactive Investing Community
Investment Services News

Moomoo and Its Sister Brand Connect 20 Million Users with the Interactive Investing Community

PR Newswire
by PR Newswire0
Fintech-driven investment and wealth management platform, moomoo announces, together with its sister platform, the global digitalized investor community is now amassing over 20 million users, making it one of the most well-established platforms for connecting like-minded investors and unlocking more opportunities powered by technology and collective intelligence. Moomoo is an......
OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking
Digital Asset Management News

OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking

PR Newswire
by PR Newswire0
With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assets OKX, a leading Web3 company, introduced its proposal for a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens. The protocol is open-source......
Madison Dearborn Partners Completes Acquisition of MoneyGram
Fintech News

Madison Dearborn Partners Completes Acquisition of MoneyGram

PR Newswire
by PR Newswire0
MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, and Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram’s common stock has ceased trading and......
Elwood Secures Investment Business Licence, Strengthening the Firms Digital Asset OTC Capabilities
Digital Asset Management News

Elwood Secures Investment Business Licence, Strengthening the Firms Digital Asset OTC Capabilities

PR Newswire
by PR Newswire0
Elwood Capital Management Limited, a leading OTC Desk providing institutional access to digital asset markets, has announced it has successfully obtained an Investment Business license by the Jersey Financial Services Commission (JFSC). Today’s announcement is the first Investment Business licence granted to a native digital asset business in Jersey, further......
Elliptic Brings ChatGPT to Crypto to Power Deeper, Faster Risk Detection
Blockchain Cryptocurrency News

Elliptic Brings ChatGPT to Crypto to Power Deeper, Faster Risk Detection

PR Newswire
by PR Newswire0
Elliptic, the global leader in cryptoasset risk management, announced the integration of ChatGPT, a large language model (LLM) into their off-chain intelligence and research gathering efforts. As the original creator of the blockchain analytics industry, Elliptic’s solutions leverage a proprietary dataset which consists of over a decade’s worth of data.......
MotorK Announces €3 Millon Reserved Capital Increase to Lucerne Capital
Investment Services News

MotorK Announces €3 Millon Reserved Capital Increase to Lucerne Capital

Business Wire
by Business Wire0
MotorK Plc announces that it has successfully implemented a reserved capital increase of €3 million, translating into 1,310,043 new ordinary shares, based on June 1st 2023 closing price of €2.29 per share, with Lucerne Capital Management, a long-standing shareholder of MotorK. The additional funds raised through this transaction will be......
Myrtle.ai Achieves 5.1 Microsecond Latency in Financial LSTM Inference Benchmark with VOLLO
Machine Learning News

Myrtle.ai Achieves 5.1 Microsecond Latency in Financial LSTM Inference Benchmark with VOLLO

PR Newswire
by PR Newswire0
Myrtle.ai, a recognized leader in accelerating machine learning inference, announced that a stack featuring its VOLLO product has recently been audited by STAC, a leading benchmark authority for the finance industry. This is the first FPGA-based solution with published results for the Tacana Suite of STAC-ML™ and it achieved incredible......
Socure Achieves Industry Leading Accuracy in Verifying the Identities of Gen Z Consumers
Finance News

Socure Achieves Industry Leading Accuracy in Verifying the Identities of Gen Z Consumers

Business Wire
by Business Wire0
Socure can now verify more than 70% of 18-year-olds opening their first accounts, far surpassing any other provider in the market Socure, the leading provider of digital identity verification and fraud solutions, announced industry leading data coverage and onboarding rates of Gen Z consumers with the latest data enhancements to its KYC......
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