FTB News Desk - FinTecBuzz

Even Financial to Acquire Birch Finance

FTB News DeskOctober 30, 20189 min

Strategic acquisition following Series A allows Even to rapidly scale its offerings within the credit card space Even Financial (“Even”), the leading search, comparison and recommendation engine for financial services, announced today that it is acquiring Birch Finance (“Birch”), an award-winning personal finance app that helps everyday consumers find the best credit cards and optimize their rewards. Birch is a San Jose-based technology startup that offers a mobile and web application that makes finding the...

Banking Virtual Banking

STIPS|FinTech Concludes $1.4M Private Sale, Aims at Civilizing Crypto Financial Markets

FTB News DeskOctober 29, 20187 min

STIPS|FinTech is ready to launch an operable MVP of STIPS|Oculus in November with the fund and index modules, offering a harmonious mix of financial tools to bring reliability, transparency and convenience to the crypto market The STIPS|FinTech project has recently proposed its product offering on the crypto market, aiming at creation of an convenient and scalable infrastructure to cater to market players. The project is a decentralized crypto-finance ecosystem for smart investing and asset management that would...

Biometrics Security

LATAM enhances Biometrics criteria to combat homegrown fraud

FTB News DeskOctober 29, 20189 min

BioCatch Partnering With Seven Tier-One Latin American Banks, Highlighting Market Demand for Next Generation Digital Identity Solutions in the Region; Showcasing Leading Behavioral Biometrics Capability at the Annual CELAES Financial Services Security Conference BioCatch, the global leader in behavioral biometrics, announced today that it has expanded its reach in Latin America (LATAM) by partnering with seven tier-one banks based in Brazil, Chile, Colombia and Mexico to protect them against rising cyberattacks in the region. The company is showcasing its solution to prevent new...

Crypto Currencies

SMART VALOR Unveils Early Access Program at Crypto Summit Switzerland

FTB News DeskOctober 29, 20187 min

SMART VALOR to operate as a currency exchange out of Liechtenstein and applied for banking license in Liechtenstein Crypto Summit: SMART VALOR, the world’s first fully compliant marketplace for tokenized alternative assets and security tokens, today launched its Early Access Program for investors and issuers. Limited to 5,000 participants, the Early Access Program will give investors and issuers the opportunity to shape the direction of the world’s first marketplace for tokenized assets. The first 5,000 to...

Investment Platforms Investments

Swiss Based Financial Technology Company SMART VALOR to Enable the First Stable Coin Backed by Swiss Franc

FTB News DeskOctober 29, 20188 min

Crypto Summit, Zurich, October 29 2018: SMART VALOR, the world’s first fully compliant marketplace for tokenized alternative assets and security tokens, today announced that it has launched the project to become the first digital assets platform enabling a Swiss Franc stable coin through partnerships with banks and e-money institutions. In this innovative approach, SMART VALOR acts as technology provider delivering the basic infrastructure to local emoney institutions and banks who hold required licenses for issuance of tokenized Swiss Franc,...

Brokers/Trading Platforms

Ping An’s 9M18 operating profit attributable to shareholders of parent company rose 19.5%, Life VNB growth rate improved in Q3

FTB News DeskOctober 29, 201818 min

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the “Group”, HKEX: 2318; SSE: 601318) today announced its results for the nine months ended September 30, 2018. In the first nine months of 2018, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB85,637 million, up 19.5% year on year. Net profit attributable to shareholders of the parent company rose 19.7% year on year to RMB79,397 million although the net profit growth...

Authentication Security

DCI and QPS Join Forces to Expand Fraud Prevention Services for Community Banks

FTB News DeskOctober 26, 20188 min

Data Center Inc. (DCI), the privately-owned developer of leading banking software and related technologies for community banks nationwide, has launched a pilot program with Quatrro Processing Services (QPS), a leading payment solution and fraud prevention services provider, to integrate QPS solutions for comprehensive cross-channel fraud prevention with the DCI flagship iCore360® core banking software. The QPS solutions are designed to help community banks of all asset sizes combat fraud and build more profitable customer relationships...

Blockchain

Cyprus to collaborate with VeChain Foundation and CREAM for fintech, blockchain development in Cyprus

FTB News DeskOctober 26, 20189 min

Invest Cyprus, the national Investment partner of the Republic of Cyprus, VeChain Foundation, a Singapore registered legal entity with focus on building public blockchain solutions, and CREAM, a USA registered legal entity with focus on blockchain project strategic advisory and investments, are announcing that the parties have signed a MoU for strategic collaboration. The essence of this MoU is to establish a framework for the basis of cooperation in the field of blockchain technologies and related use cases. This collaboration...

Business Tools Financial Software

TrueAccord Named To The 2018 CB Insights Fintech 250 List Of Fastest-Growing Fintech Startups

FTB News DeskOctober 26, 20187 min

TrueAccord Honored for its Alternative Solution to Debt Recovery TrueAccord (www.TrueAccord.com), the first-of-its-kind tech platform that transforms the antiquated debt recovery industry, announced today that the company was named to the coveted CB Insights second annual Fintech 250 list of emerging private companies working on groundbreaking financial technology. This announcement comes on the heels of the company also being recognized as one of Gartner’s “Cool Vendors” in Banking. “We’re thrilled to be named to CB...

Investment Platforms Investments

Broadridge and UBS Americas to Redefine Wealth Management Technology in North America

FTB News DeskOctober 25, 201812 min

New Broadridge Wealth Platform leverages leading technology to optimize advisor productivity, client experience and enterprise operations for the industry Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, and UBS (NYSE: UBS), the world’s largest wealth manager, today announced an innovative strategic partnership where UBS Wealth Management USA will be the anchor client on Broadridge’s new wealth management industry platform. The Broadridge Wealth Platform is a next-generation open platform that will solve a key financial services challenge by creating a modern,...

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