DASH Financial Technologies, the industry’s leading capital markets technology and execution provider, today announced the addition of Steven Bonanno as Chief Information Officer. Reporting directly to CEO Peter Maragos, Mr. Bonanno will be responsible for DASH’s I.T. infrastructure and technology platform operations.
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Stratis, an enterprise blockchain technology company, has today released its Security Token Offering (STO) platform, allowing businesses to raise capital by issuing legally permissible, asset-backed securities on the Stratis blockchain.
Sberbank and National Settlement Depository (NSD) have signed a technological partnership agreement for financial message exchange via NSD’s Transit 2.0 platform. Under the agreement, corporate clients will be able to automate electronic interactions with Sberbank via FinTech API using NSD’s Transit 2.0 platform. Oil and Gas Company SLAVNEFT is the joint service’s first client.
Wealth management is transforming faster than most professionals realize because the industry’s customer base is changing.
Three trends are driving a paradigm shift in wealth management that will become clear in 2020. The most visible trends are the rise of intergenerational wealth, and the growing number of high-net worth women.
For example, the HNWI (old money) will transfer $68 trillion to younger heirs worldwide over the next 25 years. The wealthy will transfer much of that money to Millennials (new money); persons born between 1981 and 1996.
Investors in Assetz Capital have collectively earned £100 million to date in total gross interest.
Founded in the wake of the financial crisis in 2013, the marketplace lender has amassed a community of over 37,000 investors to its platform, ranging from banks and institutional lenders to businesses and retail investors.
It’s been a record year for Assetz Capital, which has seen almost £100m invested into its Innovative Finance ISA (IFISA) wrapped accounts. The marketplace lender is also poised to celebrate £1 billion lent to UK businesses to date.
Global technology consultancy DataArt has announced a successful partnership with METRO Markets, the online B2B marketplace with ambitions to become the biggest in Europe. METRO Markets is a subsidiary of German multinational wholesale company and food specialist Metro AG.
DataArt partnered with METRO Markets, Metro AG’s technology-driven e-commerce venture, to provide a next generation e-commerce ERP system. The solution is highly scalable and automated - from electronic contract management, intelligent pricing and order routing to efficient accounts payable processes.
Coinbase is partnering with crypto-powered charity organisation DustAid to enable Christmas donations to three different causes.
Under the partnership, UK crypto holders will be able to spred some Christmas cheer to The Liddle Edi Foundation which supports rural communities in Romania, elephant conservations Space for Giants, and the NSPCC.
DustAid's aim, according to managing director, Duncan Murray, is to "make giving a simple, easy and transparent part of our daily lives."
SIX has acquired a stake in token securities issuer daura as it prepares for the live launch next year of its digital asset exchange SDX.
Sygnum Bank, which has became the world’s first digital asset bank to start operations in September, is also taking a stake in daura.
2019 has been quite a year: we had the implementation of PSD2, Brexit uncertainty, increased sanctions brought on by the changes in US foreign policy and Facebook was fined a record-breaking penalty of 5 billion dollars by the Federal Trade Commission (TFC) for violating consumers’ privacy rights.