Tag : Digital

Digital Economy Featured Fintech Primers

In 2023, The Digital Economy Mantra Has Done A Complete Reversal

Pooja Choudhary
I’m going to discuss seven trends this year that give innovators and company leaders in the payments industry a strategic framework for success. 1. Real-world issues drive payment innovation to return to the fundamentals. In 2022, 348 web3 startups received funding totaling $7.5 billion, an increase of $4.5 billion from......
Blockchain Capital Markets News Technology

WEMIX PLAY’s First Fan Token MYRTLE Exceeds 100m USD In Market Cap

Fintech News Desk
MYRTLE, the first Fan Token on WEMIX PLAY, exceeded 100m USD in market cap just one day after its minting. Minted by the famous Philippines actress/blockchain game streamer Myrtle Sarrosa on the global no 1 blockchain gaming platform WEMIX PLAY, its initial price was 1WEMIX$ and market cap was 1000WEMIX$ on 27th Jan. As of 1st......
B2B Lending News

CFPB Floats Guidance To Protect Mortgage Borrowers

Fintech Staff Writer
The Consumer Financial Protection Bureau (CFPB) has issued an advisory opinion to protect Americans from double dealing on digital mortgage comparison-shopping platforms. Companies operating these digital platforms appear to shoppers as if they provide objective lender comparisons, but may illegally refer people to only those lenders paying referral fees. When......
Cloud Featured Fintech Primers

What Is An Industry Cloud ?

Pooja Choudhary
Cloud Industry- An Introduction To put it in layman’s language, the cloud Industry is a model of computing resources as a service. By moving to the cloud, the resources are no longer owned and maintained by the end user, but rather by a third-party supplier. Industry-specific cloud services are offered......
Blockchain Digital Markets News

INX.One To Facilitate Turncoin $70million Digital Security Offering

Fintech News Desk
TurnCoin, Ltd announced that The INX Digital Company, Inc. a broker-dealer and inter-dealer broker, will enable TurnCoin Ltd’s $70 million primary capital raise target on  the INX.One platform – the first and only fully-regulated, end-to-end platform for listing and trading both SEC-registered and exempt security tokens and cryptocurrencies. TurnCoin’s (TXC) primary capital raise is available for......
Blockchain Investment Services News

Betterment Launches Innovative Cryptocurrency Offering

Fintech News Desk
Betterment, the largest independent digital investment advisor in the U.S., announced the launch of its cryptocurrency offering, Crypto Investing by Betterment. Betterment will add expert-built, managed, and diversified crypto portfolios alongside its traditional investing portfolios. The portfolios will be available to both retail customers and advisors. Crypto Investing by Betterment will include......
Fintech News

Spin By Oxxo Obtains Authorization To Operate As An Electronic Payment Entity In Mexico

Fintech News Desk
Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that its subsidiary Compropago S.A.P.I. de C.V. has successfully completed the regulatory process required under the Mexican fintech legal framework and has been authorized by the Comisión Nacional Bancaria y de Valores (“CNBV”) to......
B2B Investments News

PX Acquires Education Marketing Firm Edufficient

Fintech News Desk
PX’s platform helps some of the country’s biggest providers of consumer products in the financial services, insurance, and home services industries. The acquisition of Edufficient allows PX to expand into the education market—specifically focusing on colleges, universities, boot camps, and short-term programs—and scale up its customer success team with Edufficient’s talented digital......
Banking Fintech News

U.S. Bank Makes It Easy For business To Project Their Cash Flow

Fintech News Desk
A new online banking tool from U.S. Bank will enable the bank’s small business clients to see a 90-day forecast of their cash flow, with the ability to leverage clients’ external data in addition to their U.S. Bank accounts. The tool is now available to clients from their online dashboard.......
Credit Union Renames Lumin Digital
Digital News

Credit Union Renames Lumin Digital

Fintech News Desk
American southwest Credit Union names lumin digital as Enhanced digital banking services partner. Lumin Digital announced that Arizona-based American Southwest Credit Union (ASCU) has signed a multi-year agreement for Lumin Digital’s cloud-based online and mobile digital banking platform. Lumin will support ASCU’s 30,000 members and more than $360 million in assets......