BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, has announced support for Polygon and MATIC. Consumers can buy, store, swap and spend MATIC within the BitPay app later this week. For the first time, BitPay app holders will have access to spend other ERC-20 tokens including USDC, DAI, ETH and WBTC on
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that Kiraboshi Bank, a regional bank based in Tokyo, Japan, is live on the nCino Bank Operating System. The JPY 6,361.4 billion-asset Bank implemented nCino’s Commercial Banking Solution to enhance its business financing, part of its journey
Nexi, the European PayTech, and Illimity Bank S.p.A., a high-tech Banking Group, announce a new partnership to support Italian SMEs: b-ilty, Illimity’s digital store of financial and credit services aimed at small and medium-sized enterprises, expands its offering with Nexi’s digital collection solutions. Starting today, Italian SMEs will be able to rent or purchase Nexi’s products and
The origins of blockchain technology can be traced to David Chaum, who first proposed the idea in the early 1980s. You might be most familiar with blockchain today as the home of cryptocurrencies like Bitcoin. In an effort to increase transparency, blockchain technology keeps track of all Bitcoin transactions. However, blockchain technology is not just
Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently. Through this collaboration, Wio Business, the company’s first digital banking application, will enable SMEs and independent contractors—who
OKX, the world’s second-largest cryptocurrency exchange, today announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed to provide trusted and verifiable market data to decentralized applications. “Given the recent liquidation events in DeFi, we understand that a high-performance, robust and low latency market data oracle
Studies show that after a major bank introduced a credit card that was designed to inspire emotional connections with holders, its use increased by 70%. Another showed that emotional connections can increase customer lifetime value by up to 800% for financial services firms. In this video, Business Development Manager for Digital Banking, Ahmed Khidhir breaks
There are a few aspects of personal loans that we all are aware of. They are currently available, versatile, and simple to use. Personal loans, like home loans and business loans, allow you to receive some tax benefits while making your payments. Are Personal Loans Taxable? The loan amount you get from a personal loan
Compass, the Mediobanca Group’s consumer credit arm, has completed two deals in the Buy Now Pay Later (BNPL) segment. The rationale for the deals is to accelerate the bank’s growth in the deferred payment business using digital channels, which it has entered successfully with the launch of its PagoLight product. With the two deals, Compass has acquired: •
TripActions, the all-in-one travel, corporate card, and expense management company, today announced its Series G financing at a post-money valuation of $9.2 billion. The raise, a combination of $154 million in equity from new and existing financial investors as well as a $150 million structured capital transaction led by Coatue, marks the third financing round
Goldman Sachs is recognizing Glia’s CEO and Co-Founder Dan Michaeli as one of the Most Exceptional Entrepreneurs of 2022 at its Builders and Innovators Summit in Healdsburg, California. For the two-day event, Michaeli was chosen by Goldman Sachs from among candidates in a variety of industries. With Justin DiPietro and Carlos Paniagua as co-founders, he founded
As the world becomes more connected than ever, money is rapidly becoming borderless. The rise of migration, coupled with the expansion of trade around the world, has fueled the enormous movement of money across borders – and much of this is remittances. Remittances often flow from developed to developing economies as migrant workers send money
