Boom Launches its DeFi Ecosystem To Lead the Unbanked Generation

Boom DeFi Ecosystem is a secure, self-custodial platform providing e-commerce solutions and financial autonomy without traditional banking Boom Technologies (“Boom”), a DeFi unicorn and e-commerce provider for the unbanked, has announced the official launch of its decentralised finance market infrastructure, a secure and comprehensive e-commerce solution designed to empower the world’s unbanked and underbanked population. The new ecosystem offers individuals and businesses a self-custodial approach to full participation in the global digital economy without the...

DailyPay Creates New Savings Feature For DailyPay Visa® Prepaid Card

DailyPay continues to innovate its award-winning worktech platform with a new feature that will help users on their path to financial stability. The new Savings feature will be added to the newly branded DailyPay Visa® Prepaid Card and provide users with an opportunity to create savings goals and set aside money as they earn it. DailyPay Visa Card is a general purpose reloadable card that allows DailyPay users instant earned wage access for no fee*...

CSI announced the acquisition of Velocity Solutions

CSI, a leading provider of end-to-end financial software and technology, announced the acquisition of Velocity Solutions. Velocity offers financial institutions best-in-class account and deposit acquisition, customer engagement and retention solutions as well as intelligent software for serving consumer liquidity through overdraft management. Through the Velocity Intelligent Platform®, the company’s powerful analytics support banks and credit unions in managing risk while driving revenue, account holder engagement and non-interest income. With a track record spanning nearly 30...

Illuma Labs closes $9M Series-A to drive innovation and fight bank fraud

Illuma Labs, a leader in voice authentication technology for banking contact centers, has secured $9 million in Series A funding led by LiveOak Ventures, with participation from Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU. This investment will accelerate the development of Illuma’s voice verification solutions, addressing threats like fraud, voice cloning, and deep fakes and expanding its reach to more credit unions and banks nationwide. Illuma founder and CEO, Milind Borkar,...

Groupe Meilleurtaux Appoints Thomas Vandeville as CEO

Groupe Meilleurtaux (“Meilleurtaux” or the “Company”), a leading financial services marketplace in France, Belgium, and Luxemburg, backed by Silver Lake (93% shareholder), announced that Thomas Vandeville has been appointed Chief Executive Officer, effective September 12, 2024. Thomas Vandeville brings over 25 years of experience driving strategic business outcomes, large transformations, operational excellence, and innovation within the banking, insurance, and asset management industries, most recently as Deputy CEO of Groupe CCF and previously of HSBC France,...

tZERO Gets Landmark Approval for Digital Securities Custody in U.S.

tZERO Group Inc., a leader in technology solutions for capital markets, proudly announces the respective Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) approval of tZERO Digital Asset Securities as a new Special Purpose Broker-Dealer for digital asset securities custody. This is only one of two licenses for a regulated broker-dealer digital asset security custodian that have been approved in the United States since the rules were introduced by the SEC in 2020, serving...

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