Top 5 Digital Payment Trends in 2023
February 14, 202312 min
From barter and physical currency to digitalization; humans have explored various modes of payment. Delve in to learn the contemporary digital payment trends.
C3 Completes $6M Seed Round with Two Sigma Ventures
February 13, 20235 min
C3, a next-generation self-custodial exchange, today announced a $6 million seed funding round led by Two Sigma Ventures, the venture capital arm of New York-based quantitative hedge fund, Two Sigma. Jane Street, Hudson River Trading, Flow Traders, Jump, DRW’s Cumberland, Golden Tree, CMS Holdings, AlphaLab Capital, and C² Ventures also participated in the round. C3 is a decentralized cryptocurrency exchange designed to bring the digital asset industry in closer alignment with the original vision of...
Wirex Becomes Global Partner of Visa and Makes Strong Moves in APAC
February 13, 20235 min
Wirex, a leading crypto payments platform, has signed a long-term strategic global partnership with payments company network, Visa. This includes becoming a member of Visa in APAC and the UK that will allow Wirex to directly issue crypto-enabled debit and prepaid cards themselves to over 40 countries. The agreement between Wirex and Visa will support further collaboration in major markets, including APAC, UK, Europe and the USA. Membership of Visa enables Wirex to offer new innovative products to utilise crypto in the everyday,...
SC Ventures & Yabx to expand access to Financial Services in Africa
February 13, 20237 min
‘Purpose-driven loans’ centred around inclusion, education, skill development and gender are the main products being developed for African markets This collaborative partnership leverages the expertise and global best-practices from the financial services industry with the disruption and nimbleness of a fintech to address the need for responsible consumer finance in Africa. SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm has entered into a Memorandum of Understanding (MOU) with Yabx, a company incubated by Comviva and part of...
Indigo Specialty Underwriters Partners with Obsidian
February 13, 20233 min
Miscellaneous professional liability product available in all 50 states
Ampere – business banking for UK customers
February 13, 20237 min
Ampere launched online business banking for small and medium businesses in the UK. Appeared in 2022, all-in-one neobank allows entrepreneurs to manage all the essential financial operations in one place. Thereby solving and dealing with all business hustle. Quality products are highly valued in the financial technology market. Ampere is gaining quite fast momentum in the UK, at the same time it is also preparing to enter the European market. All this will lead to the global use...
AFS Selects Brankas to strengthen MENA open finance infrastructure
February 13, 20235 min
In this new partnership, AFS will work with Brankas to create direct bank integrations to allow for easy credit scoring, payroll disbursements, account-to-account payments, and new bank account openings.
TassatPay® Exceeds $1 Trillion in Real-Time Transactions
February 13, 20235 min
Tassat Group reaches a historic milestone, unlocking the power of digital payments for commercial banks and their corporate clients
GoCardless opens up access to its global bank payment network
February 13, 20236 min
Third party payment providers can now service the fast-growing account-to-account payments market via a single integration to GoCardless
VITREUS Launches Next-Gen Compliance-Focused Blockchain
February 13, 20236 min
VITREUS is a new digital infrastructure aimed at revolutionizing the financial services sector. The first-to-market platform is being developed for businesses such as Broker Dealers, Tax/Accounting Firms, Insurance Carriers, Small Banks, Credit Unions, and the RIA market, with a focus on providing a compliant and secure solution to their needs. VITREUS is designed to handle the heavy compliance lifting, ease the burden of physical storage, and automate an array of business processes that the financial services...