fintech - FinTecBuzz

Transfero Chooses Wormhole as Exclusive Interoperability Provider

November 15, 20245 min

Transfero, a leading fintech company specializing in stablecoins for emerging markets currencies, has selected Wormhole as its exclusive interoperability provider. Wormhole, the global leader in cross-blockchain interoperability, will power Transfero’s growing suite of stablecoins across multiple blockchains using its state-of-the-art NTT (Native Token Transfer) framework. Based in Brazil, Transfero has emerged as a major force in the global stablecoin ecosystem. Its flagship stablecoin, BRZ, is the largest non-USD stablecoin globally, with over $200 million in monthly trading volume and more than 1 million...

by BusinessWire

Payments

Visa Flexible Credential Goes Global: Transforms Card for Digital Future

November 15, 20249 min

First in the U.S., Visa Flexible Credential will roll out with the Affirm Card, a debit card that allows eligible consumers to easily buy now and pay later right from the Affirm app UAE-based Liv, the first digital bank in MENA to debut Visa Flexible Credential, allows frequent travelers access to multiple currency accounts from one card, making cross-border payments simpler than ever New flexible payments experiences debuted at Web Summit in Lisbon For years,...

by BusinessWire

Risk Management

MVB Names Joe Rodriguez as Chief Risk Officer

November 15, 20246 min

MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has named Joe Rodriguez as Chief Risk Officer. Rodriguez has a strong reputation in the financial services risk management industry as a leader who operates at the intersection of innovation and prudent risk management. “We are pleased to welcome Joe Rodriguez to the MVB family as a trusted partner on the financial frontier, committed to...

by PRNewswire

Crypto Currencies

Arca & BlockTower to Merge, Unlocking Synergies & Growth Opportunities

November 15, 20244 min

The industry-leading firms have signed a Letter of Intent (LOI) to enter into an all-equity deal.

by PRNewswire

Investments

Variant Investments Brings on Senior Hires to Support Ongoing Growth

November 15, 20246 min

Variant Investments, LLC (Variant), an SEC-registered alternative credit investment manager, today announced the appointments of Corey Perlmutter as Senior Vice President of Risk Management and Brandon Jones as Senior Vice President of Investment Analytics. Variant also announced that Erik Baun has joined the firm as Senior Associate of Valuations and Lorena Ledesma has joined as Senior Associate of Investments. Perlmutter and Jones both report to Bob Elsasser, a Co-founder and Principal at Portland, Oregon-based Variant. “As Variant continues to expand and evolve, we are building...

by PRNewswire

Insurance

BrokerTech Ventures Announces Strategic Partnership With Instech.IE

November 15, 20244 min

BrokerTech Ventures (BTV), the first and largest broker-led insurtech innovation ecosystem, announces a strategic partnership with Instech.IE, an Ireland-based insurance innovation leader. This relationship continues BTV’s mission to propel the insurance industry forward through collaboration and knowledge sharing, ultimately providing insurtech companies on both sides of the Atlantic with resources and support to access new markets, foster innovation, and drive growth. Through this collaboration, Irish insurtechs aiming to enter the U.S. market will have access to BTV’s...

by BusinessWire

Payments

NMI Surpasses 10B Transactions, Leading & Scaling Embedded Payments

November 15, 20244 min

NMI®, a global leader in embedded payments infrastructure, celebrates processing its 10 billionth transaction, a significant milestone that underscores NMI’s scale, impact, and sustained innovation in the payments ecosystem. Over two decades, NMI has grown into a vital force behind countless transactions, touching every corner of our daily lives. With over $225 billion in annual payment volumes, NMI’s payment infrastructure supports more than 4,000 partners and their merchants – from family-owned shops to innovative software...

by BusinessWire