ATS - FinTecBuzz

CoolWallet supports Ethereum layer-2 ZK rollup network

PRNewswireAugust 11, 20235 min

In a significant development in the Web3 landscape, leading hardware wallet brand CoolWallet has announced support for the innovative Ethereum layer-2 zero-knowledge (ZK) rollup network, Linea. The cold wallet pioneer’s latest move provides Linea ecosystem users with enhanced cold storage experience and smart contract safety when transacting. Linea, a brainchild of ConsenSys—the foremost blockchain and web3 software enterprise behind MetaMask, Ethereum’s most widely-used wallet—utilizes zero-knowledge proofs and is Ethereum Virtual Machine (EVM) compatible. This ensures...

Crypto Currencies

Global Digital Reserve usher to launch $GDRC Soon

PRNewswireAugust 10, 20233 min

$GDRC represents a stable, secure, and reliable decentralized monetary system

Direct Lending

iBusiness introduced new promotion, “24 for ’24”

PRNewswireAugust 9, 20235 min

iBusiness Funding, LLC, a leading provider of innovative lending solutions, including LenderAI and Lending as a Service (LaaS), is pleased to announce the introduction of their new promotion, “24 for ’24.” This exclusive promotion for its LaaS product supports iBusiness Funding’s mission to provide financing opportunities to even the smallest of small businesses by helping lenders expand their SBA loan portfolios. “24 for ’24” is a limited-time promotion available to the first 24 new lenders...

Crypto Currencies

HOUNAX fully upgrades its protective system

GlobeNewswireAugust 2, 20237 min

In an era when digital asset transactions are increasingly frequent, security has become the focal point of users’ concerns. Recently, HOUNAX, a globally renowned cryptocurrency trading platform, displayed its unwavering commitment to security, announcing that it will comprehensively upgrade its protective system, building a “moat” for transaction security with innovative technological strength. Since the inception of HOUNAX, platform security has always been regarded as the first element of its survival. In this era of rapid information...

Interview

FinTech Interview with Kris Simpson, Country Manager at Cool Company UK

FTB News DeskAugust 1, 202315 min

Banking

Posh announced the launch of a new AI-powered Knowledge Assistant

BusinessWireJuly 29, 20236 min

Posh, the market-leading AI provider for banks and credit unions, announced the launch of its new AI-powered Knowledge Assistant as a result of direct interest from their financial institution partners and the banking community. This employee-facing product complements their suite of external-facing AI services, which include Voice 360 & Banking Teller, Voice Concierge, and Website and Online Banking Concierge. Knowledge Assistant, a leading-edge solution for knowledge management, is already making an impact among customers who have embraced its...

Platforms

Croissant launches with $24 Million in Initial Funding

BusinessWireJuly 29, 20235 min

Croissant seamlessly integrates into merchants’ existing shopping experiences, offering customers a guaranteed buyback value at checkout

Interview

FinTech Interview with Rachael Greaves, Chief Executive Officer of Castlepoint Systems

FTB News DeskJuly 25, 202339 min

Banking

First Bank and Malvern Bancorp, Inc. complete merger

GlobeNewswireJuly 18, 20233 min

Expanded Presence in Highly Desirable New York City to Philadelphia Corridor. First Bank announced that its acquisition of Malvern Bancorp, Inc was completed before the open of business on July 17, 2023. The combined stock and cash transaction was valued at approximately $129.7 million and will expand First Bank’s footprint in the highly desirable New York City to Philadelphia corridor. The consolidated assets of the combined company equal approximately $3.8 billion. “We are pleased to...

Compliance & Scoring

Starling Bank selects Napier’s Intelligence Compliance platform

BusinessWireJuly 18, 20233 min

Napier, the London-based intelligent compliance technology company, is pleased to announce it has been selected as the Anti-Money Laundering (AML) and counter-terrorism financing (AML/CTF) technology platform of choice for the leading British digital challenger bank, Starling. Napier will provide its Transaction Screening solution from the Napier Continuum platform to Starling Bank, to help it continue to deliver on its vision of fast technology, fair service and honest values. Starling chose Napier because of the platform’s standout technology and performance, that...

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