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Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as “Future FinTech”, “FTFT” or “the Company”), a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company has established a new blockchain division that will manage its existing blockchain sector business which will include the further formulation and execution of its strategic growth plan. Mr. Zhi Yan has been appointed as the president of the new division to direct the Company’s blockchain business. At...

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HWGG Capital P.L.C (“HWGGC” or “The Company”), a leading blockchain payment solutions provider licensed under Labuan Financial Services Authority (LFSA) Malaysia, is expanding its regional footprint to Singapore, Dubai and Kazakhstan. The regional expansion is expected to commence in the first quarter of 2022. HWGG Capital was founded in 2017 to offer digital asset management services through its HWGCash App platform. HWG CASH is Asia’s first ecosystem that serves as a medium connecting both digital and traditional markets, where it enables traditional...

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Assessment cites Genpact’s comprehensive technology-led solutions, analytics capabilities, and deep industry expertise as key to its success in transforming clients’ banking operations Everest Group, a leading research firm, has named Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation,  a Leader in its Banking Operations — Services PEAK Matrix® Assessment 2022. With the pandemic’s ongoing disruption of the banking industry, many financial institutions are focusing on how to become future-ready, agile, and resilient to manage...

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Strategic Partnership to Enhance Growth of Leading Wealth Management Firm and Accelerate M&A Strategy Beacon Pointe, LLC, parent company to Beacon Pointe Advisors, LLC (“Beacon Pointe” or the “Company”) and KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR will make an investment in Beacon Pointe. The Beacon Pointe team will continue to own over 50% of the Company going forward, and Abry Partners (“Abry”) will fully...

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The global AI in fintech market size is projected to increase to $46,881.9 million by 2030 from $7,702.7 million in 2020, at a 19.8% CAGR between 2020 and 2030. With AI, the efficiency of financial processes and the security of money-related data can be improved massively. For instance, in regard to fraud detection, AI monitors people’s online transactional behavior so that any deviation and a potential fraud can be identified in real time and stopped right there. Moreover, AI helps in...

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MXinsights and MXwellness are now available via Q2’s Partner Accelerator Program MX, the financial data platform and leader in modern connectivity, today announced its integration with Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, via Q2’s Partner Accelerator Program, which is part of Q2 Innovation Studio. Through the integration, MX is now offering guided financial insights with MXinsights and MXwellness within Q2’s digital banking solution, giving clients the ability...

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Thunes, a Singapore-based Fintech company and a leader in global cross-border payments, announced today a partnership with Finastra, the largest pure-play software vendor that serves the entire financial services industry, to integrate into Finastra’s SaaS payments connectivity platform – Fusion Total Messaging. The partnership will allow Finastra’s existing ~8,600 customers to access new payment rails across 115+ markets, helping them to instantly send money to countries or use payment methods which they were not able to access...

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