Self-Regulation Will Bring Sustainable Development: Alicia Kao

Alicia Kao, the Managing Director of KuCoin, attended the TOKEN2049 panel and discussed the challenges and opportunities exchanges will face ahead. She shared her valuable insights, emphasizing that the self-regulation will bring sustainable development for the industry, unveiling the meticulous security measures enacted by KuCoin to fortify the sanctity of users’ assets and amplify transparency within the platform. As the Peopleā€™s Exchange, KuCoin has always placed usersā€™ asset security and safety as the top priority....

GLN enables Instant Cross-border Digital Remittances

GLN International, a subsidiary ofĀ Hana Bank, (GLN) has recently announced the launch of a cross-border remittance service; offering instant, secure, and inexpensive money transfers from abroad to all domestic bank accounts in Korea. The service is aimed to benefit Korean residents, international students, and other remittance customers residing overseas. In collaboration with Remitly, a U.S.-based remittance platform, GLN seamlessly disburses funds to the preferred domestic bank accounts of the recipients in Korea, by leveraging GLN’s...

Third Coast Bank joins the BHB BaaS Association

Third Coast Bancshares, Inc, the holding company of Third Coast Bank, announced that it has joined the Bankers Helping Bankers (BHB) Banking-as-a-Service (BaaS) Association.Ā  The BaaS Association is a premiere governance association whose primary goals include BaaS education, regulatory collaboration, and community bank sponsorship to source new revenue streams.Ā  BaaS is a highly specialized area seeing a tremendous increase in bank participation to meet the growing demand from Financial Technology (FinTech) platforms and financial start-ups....

DataVisor releases New Fraud Solution

DataVisor, theĀ  AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud as the FedNow Service expands instant payments options. DataVisorā€™s Real-Time Payments Fraud Solution leverages rich account life-cycle signals, advanced machine learning techniques and prebuilt rules that have been tested and proven effective for real-time payments fraud scenarios. By incorporating this solution, financial institutions (FIs) can confidently embrace instant payment technologies facilitated by entities such as The...

Airlock wins Avaloq Software Partner of the Year Award 2023

Airlock, a leading security innovation from Ergon Informatik AG, has been awarded the prestigious Avaloq Software Partner of the Year Award in 2023. The award recognizes the long-standing and successful collaboration between Airlock and Avaloq, a leading global provider of wealth management technologies and services for financial institutions. Since 2017, Airlock and Avaloq have been working closely together to provide innovative security solutions for the banking sector. With the Airlock Gateway, Identity and Access Management...

A new security upgrade for YOMAEX

YOMAEX Exchange, as the global leading digital currency exchange, has always placed “user asset security” at the forefront. On June 27, YOMAEX upgraded its security protection system again to provide users with a more reliable trading environment. In the context of the rapid development of the digital currency market, YOMAEX is facing more and more security challenges. In order to better protect the security of user assets, YOMAEX has taken a series of important measures....

CEXs Bet on Security and Financial Stability for Growth in 2023

A recent reportĀ released by Nansen has revealed a series of trends that are having a direct impact on the growth and future development of centralized exchanges in 2023. The report looks at the CEX landscape post-FTX and evaluates major centralized exchanges based on their trading volume, transparency of reserves, functions, and legal areas. Shift to financial solvency and security The research reveals that the collapse of FTX has undermined confidence in centralized entities. The collapse...

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