Category : News

Former Citi Exec Launches US$1.5 Billion Crypto Investment Vehicle

Founded by former Citi’s head of structured products Matt Zhang, crypto-focused investment firm Hivemind Capital Partners has launched its debut US$1.5 billion multi-strategy investment venture for the blockchain and digital asset ecosystem. Th...

Digital Currency Group to Move Headquarters From NYC to Stamford

Bitcoin and blockchain investor Digital Currency Group (DCG) will be relocating its headquarters from New York City to Stamford, Connecticut. The office of the Governor of Connecticut Ned Lamont announced that the move is expected to create over 300...

Mastercard to Extend Real-Time Payments to Latin America With Arcus Acquisition

Mastercard has acquired Mexico-based Arcus Financial Intelligence to support bill pay solutions and other real-time payment applications across Latin America. Arcus provides bill pay and cash-in, cash-out services for billers, retailers, fintechs and...

How Can Financial Institutions Put a Stop to Account Takeover Attacks

Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO) fraud is one of the top causes of fraud losses for banks and financial institut...

Thought Machine Earns Unicorn Badge with US$200 Million Series C Fundraise

Thought Machine, a London-based cloud-based core banking technology firm, has now achieved a unicorn valuation following the closing of its US$200 million Series C funding round. The round takes the total funding raised by Thought Machine to over US$...

Boerse Stuttgart’s BISON Launches Crypto Savings Plan

German stock exchange Boerse Stuttgart Group’s crypto platform BISON announced that it has rolled out savings plans for tradable cryptocurrencies. Plans start at a savings rate of 0.01 euros per week, month or quarter, and are accessible through BIS...

Deep Dive: Digging Into The Short-Term Opportunities For Global Banking

Market dynamics in the financial services business rarely come on with an urgency attached. After all, the first Open Banking project in the UK dates back to 2016. Formal PSD2 discussions started in 2013. Therefore, it’s difficult to argue that finan...

Temenos Launches New Fintech Marketplace Temenos Exchange

Global banking software company Temenos has launched a new collaborative fintech marketplace, Temenos Exchange, according to a statement by the company. The market provides pre-integrated and certified fintech solutions that are deployable within the...

Revolut Acquires Point-Of-Sale System Nobly to Expand Its Services Into Hospitality

London-headquartered fintech giant Revolut announced the acquisition of ePOS software provider Nobly POS to expand its offering to serve the restaurant and hospitality sectors. Nobly has developed a comprehensive ePOS system for the restaurant and ho...

Studie: Digital-Kompetenz Schweizer Banken: Credit Suisse Top, Neon Flop

Wie ist es um die digitale Kompetenz der Schweizerischen Banken bestellt? Mit der unabhängigen Studie „Finnoscore Schweiz 2022“ misst das internationale Beratungsunternehmen Finnoconsult erneut die digitale Attraktivität Schweizerischer Banken und ve...

Banking Circle Appoints New Head of Institutional Banking

Luxembourg-headquartered payments bank Banking Circle has appointed Timo Florian Zwez as the new Head of Institutional Banking for the DACH region. Timo Florian Zwez In his new role, Zwez will be looking to drive growth for the company in the DACH re...

Banking Circle Appoints New Head of Institutional Banking DACH

Swiss Post Launches First-Of-Its-Kind Crypto Stamp in Switzerland

The Swiss Post is launching Switzerland’s first crypto stamp today, according to a press announcement. The Swiss Crypto Stamp consists of two parts, a physical stamp worth 8.90 francs, and a related digital image that will show one of 13 possible des...

Valuu: Das Angebot der Finanzierungsplattform wächst

Was im Februar 2019 als Hypothekenvermittlung für Privatpersonen begonnen hat, weitet sich mehr und mehr zu einer vielseitigen Finanzierungsplattform aus: Seit dem Sommer 2021 bietet Valuu auch einen Zugang für Vertriebspartner:innen und die Vermittl...

Die Säule-3a-App frankly hat 1 Milliarde an verwalteten Vermögen erreicht

frankly hat CHF 1 Milliarde verwaltetes Volumen an Säule-3a-Kundengeldern erreicht. Die rein digitale Lösung der Vorsorgestiftung Sparen 3 der Zürcher Kantonalbank wurde 2020 lanciert. Mittlerweile ist die Anzahl frankly-Kunden auf über 49’000...