digital - FinTecBuzz

KeyBank Acquires Leading Payments Innovator XUP

November 23, 20214 min

Deal Enhances Key’s National Digital-first Solutions for Clients, Scales Technology Capabilities KeyBank National Association today announced that it has acquired XUP Payments, a B2B focused digital platform. XUP’s technology enables simple, intuitive, client onboarding and servicing experiences. Its team of engineers has built integrations with processors, 3rd party risk tools, customer relationship management systems, and other fintech services, allowing banks to offer a more integrated and seamless payments experience. Key was an early investor in XUP,...

by PRNewswire

Crypto Currencies

Gemini Raises $400 Mn in Equity Funding Valuing it at $7.1 Bn

November 19, 20217 min

Led by Morgan Creek Digital, the Raise Will Fuel Global Expansion and Further Gemini's Mission to Empower the Individual Through Crypto

by PRNewswire

Insurance

Anthem Launches on the OneRecord Insurance Module

November 3, 20215 min

OneRecord further scales the reach of its Insurance Module by adding Anthem to their list of Connected Payers. Now anyone in the United States with any Anthem plan can get their clinical, financial, and formulary data in their OneRecord. OneRecord, a digital health company, has emerged as the leader in empowering consumers with access to healthcare data from their past and present health plans. Since July 1st, 2021, when the 21st Century Cures Act Interoperability and Patient Access...

by BusinessWire

Crypto Currencies

Growing Popularity of Cryptocurrency Could Fuel Charitable Giving

October 29, 20217 min

Nearly half of cryptocurrency owners donated $1,000 or more to charity in 2020, compared to one-third of all investors Millennials express elevated interest in both charitable giving and cryptocurrency investing Watch out: Crypto tax implications and donations of digital assets poorly understood The rising awareness and adoption of cryptocurrency among investors could be good news for charitable giving. According to a study by Fidelity Charitable®, owners of cryptocurrency such as Bitcoin or Ethereum are a disproportionately more...

by PRNewswire

Insurance

Getsafe receives European Insurance License

October 25, 20215 min

The digital insurer Getsafe received its insurance license from Germany’s financial regulator, BaFin. The license will allow Getsafe to accelerate its expansion to the rest of Europe. “The license is a significant milestone – especially when considering that the German regulator has set out stricter rules for new registrations following the Wirecard scandal”, Christian Wiens, CEO and founder of Getsafe, states. The company that started in 2017 as an MGA has high ambitions of becoming Europe’s leading digital insurer, and has...

by PRNewswire

Crypto Currencies

Nium Launches Platform For CaaS & Extends its BaaS To The U.S.

October 25, 20219 min

— New Nium API-based Crypto-as-a-Service platform is the first to allow financial institutions to integrate popular crypto capabilities into their financial applications, including the ability to buy, sell, and hold the most popular digital assets; future service elements will allow for stablecoin wallets, as well as crypto acceptance — Nium also expands its comprehensive suite of global Banking-as-as-Service solutions, adding card issuing capabilities in the U.S. Nium, a leader in global payments and card issuance...

by PRNewswire

Payments

Sunyard: The Future Payment Is Mobile and Contactless

October 15, 20217 min

Sunyard Technology, the leading global payment solution provider, recently revealed that over 1.74 million POS terminals were shipped worldwide in 2020 by the company. With market share in the Middle East and Africa increased by 27%, Asia-Pacific by 14%, Sunyard retained its No.17 world ranking, according to Nilson Report. Considering a lot of investment and practice accumulation has been made in the direction of financial digitalization and intelligence with its strategic vision, its payment devices are constantly deployed with innovative technology...

by BusinessWire

Banking

Digital Commerce Bank Partners With My First Bicycle Foundation

October 13, 20214 min

Digital Commerce Bank (“DCBank” or the “Bank”) today announced that it has partnered with My First Bicycle Foundation (“My First Bike” or the “Foundation”) in a charitable corporate giving initiative over the next five years. Through the partnership, My First Bicycle Foundation will be the official charity of the Bank, with the Bank donating exclusively to the Foundation’s bicycle program in Canada. “We are excited to partner with My First Bicycle Foundation, which allows us...

by Marco Margiotta

Guest Articles

How Leveraging Mobile Can Support Financial Inclusion for Gig Workers

October 11, 202112 min

Marco Margiotta shares his views on digital banking considering gig workers payments.

by PRNewswire

Crypto Currencies

Crypto Miners Adapt to the Quickly Shifting Market Landscape

October 8, 202116 min

The price of Bitcoin was once again above the USD 50,000 mark after Bank of America Corp. strategists announced support for crypto as a new asset class. As reported by Bloomberg, with its latest rally, Bitcoin has broken through two key resistance levels and is now trading at the higher end of its two-month-long consolidation range, according to a report from Arcane Research. The coin hovered around USD 45,000 for a while before finally breaking out. That means the USD...

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