Finastra survey finds BaaS set to make a significant impact

85% of respondents at global financial institutions believe Banking as a Service (BaaS) will make an impact over the next year; 40% believe the impact will be significant More than 9 in 10 respondents agree that Open Banking is important to their organization; 97% of those that already use Open Banking recognize that it has provided benefits to their business Finastra research reveals that Banking as a Service (BaaS) and embedded banking services are set to...

JPMorgan Chase Financial Company LLC Announces the Early Redemption of Cushing® 30 MLP Index ETNs

JPMorgan Chase Financial Company LLC (the “Issuer”) announced today that it will redeem all of its outstanding Cushing 30 MLP Index ETNs due June 15, 2037 (the “Redeemed ETNs”) with a CUSIP of 48129G703 (NYSE Arca: PPLN). Terms used but not defined herein shall have the meanings ascribed to those terms in the market-making supplement dated April 5, 2018 related to the Redeemed ETNs (the “Market-Making Supplement”). fintech news The Redemption Valuation Date will be...

Leading “Fintech” Financial Technology Company Offers Bank-like Services to the Unbanked

ViViPAY partners with Sport Club Corinthians Paulista to launch the “TimĂŁo Card” ViViPAY, a leading “Fintech” Financial technology company with over 15 years of experience in the financial market, has signed a partnership with the Sport Club Corinthians, Paulista. The agreement creates the “TimĂŁo card by ViVi”, which provides a digital wallet linked to a prepaid Mastercard, that gives Corinthian fans a low-cost option to having a traditional bank account. “The focus of this partnership...


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