ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, sub-accounting, sub-ledgering, FBO, and trust accounts for commercial customers, announced it has finalized its $11 million Series A funding round. This round was completed by the Independent Community Bankers of America (ICBA) and BankTech Ventures, LP (BTV). Led by ICBA,
Synovus announced the introduction of Synovus Accelerate FX, an end-to-end, innovative FX solution to drive the expansion of international banking services. Synovus Accelerate FX provides foreign exchange payments and trading services with convenient access and management through the Synovus Gateway commercial banking portal. Synovus Accelerate FX is supported by Finzly, a FinTech provider of modern banking
Smart money app Plum announces that it ranked no.1 among fintech and no.5 overall in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Plum grew 7,735 percent during this period. “We’re delighted to be
The Matic coin, an alternative cryptocurrency based on Ethereum, authorises the Polygon network (initially called the Matic network). It aims to provide a long-term scaling solution to issues like high transaction costs and slow speeds. The rising volume of transactions on the Ethereum blockchain has placed a significant stress on the network, causing decreased performance
The Canadian fintech company Nuvei Corporation today announces the release of Nuvei for Platforms, a global payments solution. Businesses can integrate payments into their own platforms using the fully customizable product as either a Nuvei branded or white-label offering. It has been created to meet the payment needs of big fintech companies, banks, marketplaces, and
Rick Castello discusses Open Banking with RETHINK Retail at the NACS Show.
The Alt401(k), a retirement platform offered by ForUsAll, a leading retirement provider for small businesses, gives employees the freedom to invest a portion of their 401(k) in potentially higher-growth opportunities like cryptocurrency in addition to conventional 401(k) mutual funds. As of today, 50 companies are live with the platform. The 401k’s first crypto delivery is
Next year, real-time payments to cryptocurrency exchanges will be prohibited by UK bank Santander. The action is meant to shield users from scams, according to an email to customers that was originally covered by Reuters. Santander has not said what time in 2023 the modification will go into effect. The bank will implement a more
Goldman Sachs, MSCI, and Coin Metrics today announced the introduction of datonomy, a new categorization scheme for the market in digital assets. The new data service datonomy categorises money and tokens according to their intended purpose. Datonomy can be licenced for a number of use cases, including the review and assessment of portfolio performance and
Talos, the industry leader in institutional digital asset trading technology, has partnered with Amber Group, a preeminent international producer of digital assets. Together with Amber Group, the partnership will allow Talos to incorporate the liquidity venue of WhaleFin, the company’s leading platform for digital assets. Talos’ market-leading institutional trading platform will have easier access to
The launch of Bitget Insights, a brand-new feature, has been announced by Bitget, the top cryptocurrency exchange in the world. Through the Bitget exchange, the functionality links social networks and social commerce. The launch represents the next development in Bitget’s cryptocurrency social trading project, which aims to help both novice and experienced traders. Traders will
Payer, the leading B2B technology company specializing in digital conversion, payments, and finance automation, with a mission to digitalize the B2B industry wherever payments play a central role, has announced that it will now facilitate American Express payments across the Nordics in Denmark, Finland, Norway, and Sweden. This means that companies using Payer as a B2B
