financial ecosystem - FinTecBuzz

Brevan Howard Digital deploys $20M on Kinto

February 18, 20253 min

Brevan Howard Digital’s Abu Dhabi branch deployed $20M in assets on Kinto, enabling participation in the on-chain financial ecosystem. Kinto is an on-chain financial portal, enabling the best opportunities in DeFi through its tailored blockchain and custom smart contract wallet. Kinto enables financial institutions to deploy capital on-chain while meeting their strict legal and compliance requirements. Kinto is the only L2 that has native KYC and AML at the blockchain level, default wallet insurance and extensive security features. Kinto’s mining program...

by BusinessWire

Payments

Cedar Money Raises $9.9 Mn Seed for Cross-Border Stablecoin Payments

February 3, 20254 min

Payments software utilizes modern rails to transform outdated money flows between emerging and developed markets

by BusinessWire

Banking

Mahalo Banking Closes Seven New Deals in December

January 29, 20254 min

Mahalo Banking, a leading provider of innovative digital banking solutions, today announced the successful closure of seven new credit union partnerships in December 2024. This achievement caps off a year of outstanding growth in 2024 and underscores the strong demand for Mahalo’s Thoughtful Digital Banking Solution, a platform that redefines the banking experience with a focus on personalized, member-focused, and core-centric services. The new partnerships span credit unions of all asset sizes, including True North...

by BusinessWire

Compliance & Scoring

Eastnets Launches Managed SWIFT Service on AWS Cloud

January 28, 20254 min

Delivering secure, scalable, and compliant SWIFT connectivity for financial institutions worldwide Fully managed SWIFT service ensures secure financial messaging, operational continuity, and SWIFT compliance. Powered by AWS infrastructure for enhanced scalability, security, and resilience. Flexible subscription-based pricing model tailored to institutional needs. Eastnets, a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. The service address critical challenges such as regulatory compliance, operational complexity, and cybersecurity risks, the...

by PRNewswire

Crypto Currencies

KuCoin Appoints BC Wong as CEO

January 20, 20254 min

KuCoin, a globally recognized cryptocurrency exchange, has announced the appointment of BC Wong as its new Chief Executive Officer (CEO). This strategic decision underscores KuCoin’s commitment to global growth, innovation, and regulatory compliance. BC Wong, widely known within the organization as “BC,” is a seasoned leader with extensive experience in the cryptocurrency industry. As a key member of KuCoin’s leadership team, his expertise and strategic vision have been instrumental in establishing KuCoin as a reliable...

by PRNewswire

Payments

ThoughtFocus Appoints Sanjib Banerjee as Head of Global Payments

January 17, 20253 min

ThoughtFocus, Inc. (“ThoughtFocus” or the “Company”), a leading provider of digital services and technology-enabled operations specializing in the financial services industry, is pleased to announce the appointment of Sanjib Banerjee as Head of the Global Payments Practice. Sanjib will lead ThoughtFocus’ global payments strategy and growth, leveraging his deep industry expertise to align emerging market trends with client priorities. He will focus on delivering innovative, future-ready solutions that drive client success and reinforce ThoughtFocus’ leadership in the...

by BusinessWire

Blockchain

Paystand Announces Opening of its New Headquarters in Santa Cruz

January 16, 20256 min

City Offers Ideal Environment for Scaling Company after Multiple Milestones, Including Recent Acquisitions

by BusinessWire

Blockchain

Pagaya Appoints Two Fintech Veterans as Independent Directors to Board

December 24, 20246 min

Joining the Board of Directors: Asheet Mehta, Former Senior Partner at McKinsey & Company and Former Co-Lead of the Firm's Global Financial Services Practice Alison Davis, Former CFO of Barclays Global Investors with experience as a member of 25 boards, including Fiserv, First Data Corp, City National Bank, Janus Henderson and Kraken

by PRNewswire

Payments

PayToMe.co Ranks #2 in Hatcher+ Global Top 100 Startups for November 2024

December 19, 20245 min

PayToMe.co, an award-winning AI-powered fintech marketplace and one of the top 1% global startups, proudly announces its ranking as the #2 startup in the prestigious Hatcher+ Global Top 100 Startups for November 2024. This recognition highlights PayToMe.co’s ability to harness cutting-edge technology to deliver transformative solutions for the global financial ecosystem. “Being recognized by Hatcher+ is a testament to our mission to transform financial services for businesses worldwide,” said Mike Ulker, CEO of PayToMe.co. “This milestone reflects our dedication to innovation,...

by BusinessWire

Compliance & Scoring

Microsoft, ThetaRay Roll Out GenAI Financial Crime Detection Suite

December 12, 20245 min

Innovative generative AI capabilities streamline compliance processes and improve operational efficiency for institutions worldwide

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