Financial Technology - FinTecBuzz

Cloudvirga Wins Best Rate Referrals Award for Best Technology at 2019 Power Originator Awards

April 18, 20195 min

IRVINE, Calif. — Apr. 18, 2019 – Cloudvirga announced today that it has been selected as the winner for the Best Rate Referrals Award for Best Technology at the inaugural Power Originator Summit organized by Mortgage Professional America (MPA). MPA is the mortgage and finance industry’s most trusted source of news, opinion and analysis, with more than 100,000 readers and subscribers who voted to select finalists in four categories. Winners were chosen for their exemplary...

by FTB News Desk

Blockchain

Australian Fintech Nauticus Targets $25 Million in Equity Raise

April 15, 20194 min

Melbourne fintech Nauticus Blockchain has targeted a $25 million equity raise to fulfill its vision for low cost, borderless financial transactions. The company launched in 2018 and has amassed a 50,000 strong community across Facebook, Telegram and Twitter, who help guide the development of its products. Trading on its digital currency exchange went live in the fourth quarter of last year. It now offers 17 currencies and AUD with more added each week. The funds raised will enable...

by FTB News Desk

Risk Management

Imagine Wins for Best Sell-Side Analytics Product

April 15, 20197 min

Imagine took top honors for “Best-Sell Side Analytics Product” in the Waters Technology Sell-Side Awards, announced in London on April 12, 2019. The Waters Technology awards recognize companies that develop market-leading technologies specifically for sell-side firms, allowing them to operate more efficiently, transparently and judiciously. The awards focus on innovative firms that address the sell side’s most pressing needs, allowing them to maximize operational efficiencies. Scott Sherman, Imagine Co-Founder and Global Head of Business Development & Sales, said: “We are delighted to...

by FTB News Desk

Crypto Currencies

Newton Project’s NEW (And New Changes) Coming To Huobi Prime

April 10, 20199 min

Changes are in the works to help ensure that demand is better matched to supply and that more tokens are distributed to a wider group of traders.

by FTB News Desk

Payments

PremFina Selects Microsoft Azure for Cloud Platform

April 9, 20195 min

PremFina Ltd (“PremFina” or the “Company”), the first premium finance company to offer a proprietary software as a white-label service in the U.K., is pleased to announce it has selected Microsoft Azure (“Azure”) as its preferred cloud provider. Azure is a cloud computing platform by Microsoft Corp. to help organisations with their business challenges. It allows for the freedom to deliver services such as servers, storage, databases and software both as Infrastructure as a Service...

by FTB News Desk

Blockchain

Future FinTech Enters into Securities Purchase Agreement

April 2, 20198 min

Future FinTech Group Inc. (NASDAQ: FTFT), a financial technology company and integrated producer of fruit-related products, today announced it has entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Iliad Research and Trading, L.P., a Utah limited partnership (the “Purchaser”) on March 26, 2019. Pursuant to the Purchase Agreement, the Company sold and issued to the Purchaser a Secured Convertible Promissory Note (the “Note”) in the principal amount of $1,070,000. The Purchaser purchased the Note with an original issue...

by FTB News Desk

Data & Analytics

MX recognized in 2019 Best Fintechs to Work For list

March 28, 201910 min

MX, the leading provider of financial data services, announced it has been recognized as one of the 2019 “Best Fintechs to Work For” by SourceMedia. MX ranked No. 18 out of 50 fintechs, all of whom offer unconventional perks and workplace time for recreation. The annual awards program honors fintech companies with exceptional workplace culture. The awards are determined by a two-part survey process. The first part evaluated workplace policies, practices, philosophy, systems and demographics,...

by FTB News Desk

Crypto Currencies

CoinMarketCap Partners with Flipside Crypto to Distribute Crypto Project Health Data

March 20, 20197 min

MarketWatch, TheStreet and Stocktwits have also begun publishing FCAS, a Fundamental Crypto Asset Scoring system.

by FTB News Desk

Financial Software

X Financial Announces Dividend of US $0.10 per ADS for Fiscal Year of 2018

March 19, 20199 min

X Financial (NYSE: XYF) (the “Company” or “we”), a leading technology-driven personal finance company in China, today announced the Company’s Board of Directors (the “Board”) has approved an annual cash dividend policy for fiscal year 2018. The amount of cash dividends to be distributed for the fiscal year ended December 31, 2018 is US$0.10 per American Depositary Share (“ADS”) (or US$0.05 per ordinary share), equivalent to approximately US$15.0million in total. The dividends are expected to be paid on April 26, 2019 to the holders of the...

by FTB News Desk

API/Connectivity

Netchex and M3 Expand Partnership with API Integration

March 11, 20195 min

Netchex and M3 announced an expansion of their existing partnership with an API integration to help today’s hotels streamline HR processes, keep employees engaged and help ensure consistency across locations. The API integration builds on the existing integration with M3’s Accounting software and marries M3’s time and labor technology with Netchex’s complete Human Capital Management (HCM) platform. This latest endeavor delivers deeper workforce management and complete back-office integration and will be one of the largest...

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