Tag: Fintech

A fintech is a combination of financial technology. While financial technology simply refers to the various tools and systems used in the financial industry, a more complex definition refers to something that is derived from technological advancements.

Morgan Stanley Invests In Bitcoin: Why Banks Are Buying Bitcoin

Morgan Stanley Invests In Bitcoin: Why Banks Are Buying Bitcoin

Morgan Stanley is preparing to launch a bitcoin futures trading desk, making it the first major Wall Street firm to do so. Morgan Stanley Research released its annual report on the future of financial services today, which contains a surprising inclusion of a market analysis on Bitcoin.also, the banking institution has allegedly been in negotiations to buy a major stake in Bithumb, Korea’s largest cryptocurrency exchange, following the announcement of the investment banking giant’s first move to offer its customers exposure to Bitcoin.Morgan Stanley Invests In BitcoinIn its annual report to investors, Morgan Stanley...

Crypto world, Cryptocurrencies, Fintech

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Banco Bradesco Joins LiquidX Platform as First Latin American Funder

Banco Bradesco Joins LiquidX Platform as First Latin American Funder

NEW YORK, NY Mar 16 2021 (Blockchain Wire) LiquidX, the global technology platform for working capital, trade finance, and insurance, is pleased to welcome Banco Bradesco to its network. Banco Bradesco, founded in 1943, is the second largest private sector bank in Brazil by total assets, serving clients through 79.9 thousand Service Points, 70 million customers, and 32.3 million account holders.Over 50 liquidity providers are now on the LiquidX platform, providing flexible access for funding all working capital needs through a single access and interface.Jim Toffey, CEO of LiquidX, commented, “We’re thrilled about Banco...

Fintech, Press release

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Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Collaboration of Mastercard, Central Bank of The Bahamas and Island Pay gives people additional option to use The Bahamas Sand Dollar central bank digital currencyPURCHASE, NY Feb 17 2021 (Blockchain Wire) Bahamians have received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new program from Mastercard and Island Pay, the Bahamas Sand Dollar prepaid card gives people the option to instantly convert the digital currency to traditional Bahamian dollars and pay for goods and services anywhere Mastercard is accepted on the Islands and around the world.The...

Blockchain, Fintech, Press release

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Sofi Money: fintech strikes back?

Sofi Money: fintech strikes back?

What is Sofi Money?SoFi Money is a cash management account that allows you to link your debit cards and bank accounts online. You can also receive tax refunds from big companies like Amazon or Uber right into your SoFi Money account.SoFi Money is essentially an online checking account for millennials that comes with a few special perks. It is a smart option for anyone looking for a simple, low-cost way to see their funds at one online address. As is typical of cash accounts, customers’ funds are swept into partner banks, where they benefit from FDIC insurance, offering in this case an alternative to traditional bank checking...

Fintech

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B2B Payment Solutions Ltd Secures FCA AEMI Approval to Offer e-Payment Services in UK and Europe

The UK’s Financial Conduct Authority (FCA) has granted the AEMI licence to B2B Payment Solutions LTD which is part of the B2Broker Group of companies.September 09, 2020 05:00 AM Eastern Daylight TimeLIMASSOL, Cyprus–(BUSINESS WIRE)–B2B Payment Solutions Ltd, part of the B2Broker Group of companies, is pleased to announce that the United Kingdom’s Financial Conduct Authority (FCA) has granted the company an Electronic Money Institution License (AEMI). The licence permits companies to engage in e-money related and payment services in the UK and European Economic Area (EEA).

Fintech, Press release

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B2B Payment Solutions Ltd asegura la aprobación FCA AEMI para ofrecer servicios de pago electrónico en el Reino Unido y Europa

La Autoridad de Conducta Financiera (FCA) del Reino Unido ha concedido la licencia AEMI a B2B Payment Solutions LTD, que forma parte del Grupo de empresas B2Broker.09 de septiembre de 2020 05:00 AM Hora del EsteLIMASSOL, Chipre–(BUSINESS WIRE)–B2B Payment Solutions Ltd, parte del Grupo de empresas B2Broker, se complace en anunciar que la Autoridad de Conducta Financiera (FCA) del Reino Unido ha concedido a la empresa una Licencia de Institución de Dinero Electrónico (AEMI). La licencia permite a las empresas contratar servicios de pago y relacionados con el dinero electrónico en el Reino Unido y el Espacio Económico...

Fintech, Nota de Prensa

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