finance - FinTecBuzz

UDPN is launched to support digital payments for CDBC & stablecoins

January 30, 20235 min

Launched at Davos during the World Economic Forum week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies. At the Davos launch event, representatives from leading global financial institutions Deutsche Bank, HSBC, Standard Chartered, The Bank of East Asia, and Akbank discussed the rapidly evolving world of digital currency, the importance of...

by PRNewswire

Direct Lending

JG Wentworth Adds Priyank Singh as Chief Technology Officer

January 30, 20235 min

JG Wentworth acquires a Silicon Valley Fintech digital consumer lending platform and appoints new Chief Technology Officer

by BusinessWire

Insurance

COVU Leverages OpenAI to Streamline Insurance Agency Operations

January 30, 20234 min

COVU, the only all-in-one AI-enabled digital platform for insurance agencies, has released a new executive forecast on the industry shift toward using generative artificial intelligence (AI) tools to help insurance agencies streamline operations, customer service, and cross-selling opportunities. COVU is a pioneering insurtech startup that gives independent agencies comprehensive support and cutting-edge tools for managing the entire business and uncovering new revenue. COVU helps empower success in today’s dynamic market by giving agents access to...

by PRNewswire

Platforms

Happy Money Launches Trustage Payment Guard Insurance

January 28, 20238 min

Happy Money has partnered with TruStage® to offer a first-of-its-kind solution for payment protection in the event of involuntary unemployment or disability, automatically included with every personal loan at no additional cost to the borrower

by BusinessWire

Platforms

Canada’s ATB Financial Adopts smartTrade’s Leading FX Solution

January 27, 20233 min

smartTrade Technologies announced today that Alberta-based ATB Financial, the largest financial institution in the province of Alberta, has adopted smartTrade as its client-facing foreign exchange (FX) web platform. smartTrade is a global provider of multi-asset electronic trading platforms supporting foreign exchange, fixed Income, crypto and derivatives with connectivity to 130+ liquidity providers, enabling tailored aggregation, smart execution, risk management, order management, analytics, payments and multi-channel distribution. ATB Financial was looking for a digital platform with sophisticated pre-trade,...

by PRNewswire

Insurance

Salt Financial and Franklin Templeton Announce Collaboration

January 27, 20233 min

Salt Financial has announced a collaboration with Franklin Templeton to develop a bespoke systematic strategies aimed at growing the Fixed Index Annuity (FIA) market, leveraging Salt’s patent-pending truVol® Risk Control Engine and Franklin Templeton’s more than seven decades of portfolio management expertise. By bringing together the complementary intellectual property of both firms, insurance companies can access a unique option that combines time-tested asset management experience with cutting-edge volatility control technology. The use of historical intraday data in truVol can...

by PRNewswire

Blockchain

ePIC Blockchain announces UMC support for S19 XP

January 27, 20234 min

The royalty-free, groundbreaking control board and firmware achieves sub 19 J/TH efficiency, and allows Bitcoin mining companies to gain full control of their mining operations

by PRNewswire

Platforms

Ledgible Adds Two New Strategic Executives

January 27, 20235 min

Adds Chief Revenue Officer and Head of Institutional Product to Focus These Efforts

by PRNewswire

Investments

Stackwell Expands Its Investing App to Android Phones

January 27, 20236 min

Launching the robo-investing app in the Google Play store significantly increases accessibility for the Black community, as Stackwell positions itself to accelerate its growth in 2023

by PRNewswire

Insurance

iLife Announces $17M Series A from Top Insurtech Investors

January 27, 20235 min

The Rapidly Growing Platform Built for Insurance Distributors Now Has Over 11,000 Agent Users in Just Over a Year

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