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Asset Managementd1g1t Secures Strategic Financing from Illuminate Financial Management

PRNewswire1 month ago787 min
The company has raised over CAD $12M from top FinTech investors as it continues product innovation and accelerates expansion into the US market TORONTO, July 10, 2019 /PRNewswire/ – d1g1t Inc., the first provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, today announced that it has received an additional CAD$3 million in strategic financing from Illuminate Financial Management as an extension of their Series A round bringing the total raised to over CAD$12 million. The funding will be used...

BlockchainHuobi and Nervos Partner On A New Public Blockchain For Decentralized Financial Services

PRNewswire2 months ago2810 min
Huobi Group, a leading global blockchain services provider, today announced a partnership with layered blockchain network Nervos to develop a new public blockchain focused on decentralized financial (DeFi) services. The project, provisionally named Huobi Finance Chain, will be a regulator-friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services. Among other applications, the project will have the potential to host lending services, debit services, stablecoins, security token...

BlockchainWise MPay Partners with Jelurida to launch Blockchain Financial Services Platform

FintecBuzz2 months ago495 min
Singapore-based global payments technology company, Wise MPay, are working with renowned blockchain experts, Jelurida, to launch a public-permissioned blockchain financial services (BFS) platform. With KPMG research showing 27% of Southeast Asians own a bank account while local mobile connections outnumber the population by 33%, the region is ripe for a revolution in access to digital finance. Coalculus is aiming to launch in September 2019 as JPL-compliant software that brings cutting-edge digital payment, remittance, and ATM solutions to governments, banks, and...

Crypto CurrenciesFRNT Financial Secures Investment from Calvin Ayre, Builds Bitcoin SV Derivative Products

FintecBuzz2 months ago397 min
FRNT Financial Inc (‘FRNT’), an institutionally focused fiat-settled cryptocurrency derivatives platform, have agreed to terms in a financing round lead by entrepreneur Calvin Ayre, founder of Ayre Group, CoinGeek and a major supporter of Bitcoin SV (BSV). The company offers a unique derivative type which the firm refers to as Synthetic Exposure Mechanisms (‘SEMs’). FRNT has built out a platform that, when launched, will be offering the most diverse set of derivatives for those investors wishing to participate in...

Risk ManagementExiger Names Joseph M. Quiazon Asia Pacific Head of Financial Crime Compliance

FintecBuzz3 months ago1998 min
Exiger, the global leader in technology-enabled regulatory, financial crime, risk and compliance solutions, has appointed Joseph M. Quiazon to serve as Exiger’s Asia Pacific (APAC) Head of Financial Crime Compliance (FCC). Based in Hong Kong, Joseph brings over two decades’ experience in financial crime compliance, business intelligence and fraud advisory. He will help lead Exiger’s expansion into Asia Pacific, signifying a deepened investment in the compliance expertise necessary to effectively support financial institutions and corporations in APAC in their fight against...

Data & AnalyticsMX Announces MoneyMap with Pulse: Ushering a New Age of AI-driven Financial Guidance

FintecBuzz4 months ago4175 min
MX, the leading provider of financial data services, today announced MoneyMap with Pulse – a completely self-guided financial wellness tool that banks and credit unions can use to empower their customers to become financially strong. With guided financial advice, customers increase engagement with their FI, make better decisions in real time through AI-driven personalized insights, and build financial strength. “Traditional methods of budgeting simply don’t work for large portions of society – too much of the...

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