digital economy - FinTecBuzz

INX Agrees to Facilitate a Digital Security Token Offering for Trucpal

PRNewswireJuly 21, 20225 min

Commencing on July 25th, INX Securities, LLC, a member of FINRA and SIPC, will enable a primary raise of the first Digital Security Token for Trucpal, a blockchain-based SaaS Platform serving the Chinese freight market

Banking

Western Union Integrates Mambu Into Digital Bank Platform in Europe

BusinessWireJune 10, 20225 min

Mambu, the cloud banking platform, has teamed up with Western Union, a global leader in cross-border, cross-currency money movement and payments, to integrate its solution into the latter’s next generation real time multi-currency digital wallet and digital banking platform in Europe. Mambu will enable Western Union to extend the relationship with its customers, and create a new banking experience. With its cloud-native platform, Mambu has 70 million daily users and over 230 banks and financial institutions...

Payments

Australians Lead the Way in Digital Payment Use

BusinessWireMay 26, 20229 min

83% of Australians surveyed said they’d used a mobile wallet in the last 12 months 69% of Australians surveyed said they felt comfortable enough using a mobile wallet to leave their physical wallet at home. 67% of Australians surveyed said they could imagine a future where they never used cash. Australian consumers are at the forefront of mobile wallet use and adoption of digital banking tools, abandoning cash and physical payment experiences in larger numbers...

Crypto Currencies

HOPE Global Forums to Host Cryptocurrency & Digital Assets Summit

PRNewswireMay 17, 20225 min

Experts gather to discuss opportunities, challenges and unknowns of alternative assets and growing interest in FinTech. Themed “The Crypto Revolution: For Better or for Worse?,” the event seeks to reimagine the global economy and examine impacts on underserved populations and communities The first-ever HOPE Global Forums | Cryptocurrency + Digital Assets Summit will take place May 20, 2022, at the Marriott Marquis in Atlanta. Hosted by Operation HOPE Founder and CEO John Hope Bryant and US Comptroller of the Currency Michael Hsu, the one-day event...

In-House Features

A guide for Digital banking methods

FTB News DeskApril 29, 20227 min

Ease, convenience, and accuracy are the three pillars of digital banking. But how do they support the Fintech space?

Investments

DigitalBridge Credit Announces $220 Million Debt Investment

BusinessWireApril 4, 20224 min

DigitalBridge Group, Inc. (NYSE: DBRG) today announced that, its Digital Credit division (“DigitalBridge Credit”), in partnership with CPPIB Credit Investments III Inc., a wholly owned subsidiary of Canada Pension Plan Investment Board (“CPP Investments”), it has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions, LLC (“Everstream”). Founded in 2014 and headquartered in Cleveland, Ohio, Everstream delivers a business-only, enterprise-grade fiber network with the...

Payments

CloudPay Partners with Visa to Deliver Faster, Digital Pay Options

PRNewswireMarch 15, 20227 min

CloudPay and Visa Direct enable fast, secure salary payments, taking days off the traditional payroll payments process and introducing new pay flexibility Leading global employee pay provider CloudPay today announced a new partnership with Visa to reduce payroll payment cycles that typically take 2-3 days through banking systems, down to seconds. The new digital payment method makes salary payments direct to employees’ debit or credit cards using Visa Direct, Visa’s real-time[1] push payment platform. Visa Direct leverages the...

Banking

DCI Partners with Texas National Bank to Launch Direct Digital Bank

PRNewswireMarch 15, 20228 min

Texas National Bank looks outside their core for a modern banking platform to help launch their direct digital bank.

Banking

Global Digital Banking Market to Reach $30.1 Billion by 2026

PRNewswireMarch 7, 202215 min

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Digital Banking – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCEWhat’s New for 2022? Global competitiveness and key competitor percentage market shares Market presence across multiple geographies – Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to our...

In-House Features

Digital Banking Solutions- Transforming financial services

FTB News DeskFebruary 28, 20228 min

Since the inception of businesses, humans need financial assistance for operations management. Keeping this in mind, banking systems came into the picture. Read on to know more about digital banking solutions.

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