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MOIN Partners with Currencycloud to Expand Global Coverage for South Korea’s Remitters

Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with South Korea-based cross-border payment company MOIN to expand its global coverage while delivering faster processing times, lower transaction costs, and enhanced security measures to its customers every time they make cross-border payments.

Monday, August 21, 2023 - 11:23
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/news/e-payments/moin-partners-currencycloud-expand-global-coverage-south-koreas-remitters
Financial IT
WealthKernel Appoints Aqsa Tariq as its Chief Financial Officer

WealthKernel, a leading provider of digital investment infrastructure, today announces the appointment of Aqsa Tariq as its new Chief Financial Officer. 

Having held key positions at FNZ Group, Goldman Sachs International, and EY LLP, Aqsa brings extensive financial and investment experience to the FinTech industry, covering business intelligence, strategic business planning, investment banking and risk management. 

Monday, August 21, 2023 - 11:18
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/news/people-moves/wealthkernel-appoints-aqsa-tariq-its-chief-financial-officer
Financial IT
P2P to Replace Fixed Income Instruments

P2P lending together with risky assets has all the potential to become an effective strategy for diversifying investment portfolios in terms of risk and return.

Analysts of the Robo.cash platform have studied multiple portfolio combinations using the Sharpe ratio. The maximum value of the ratio indicates the optimal asset allocation. As a result, 4 options with the highest Sharpe coefficient in each pair were chosen: P2P + Stocks, P2P + Bonds, P2P + Deposits and P2P + Crypto.

Monday, August 21, 2023 - 11:15
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/news/lending/p2p-replace-fixed-income-instruments
Financial IT
Cynergy Bank Secures £20M Tier 2 Capital Facility from British Business Investments

Cynergy Bank today announces that it has secured a £20 million Tier 2 capital facility from British Business Investments. The capital will be deployed across Cynergy Bank and Cynergy Business Finance.

Monday, August 21, 2023 - 09:35
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/news/fundraising-news/cynergy-bank-secures-ps20m-tier-2-capital-facility-british-business
Financial IT
ICSFS Named Winner of Best Digital Banking & Finance Software Solutions Provider Award

ICS Financial Systems Ltd, a leading provider of cutting-edge banking and financial software solutions, is thrilled to announce being named the recipient of the “Best Digital Banking & Finance Software Solutions Award” for the year 2023 by World Finance, the Voice of the Financial Market.

Monday, August 21, 2023 - 09:29
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/news/digital-banking/icsfs-named-winner-best-digital-banking-finance-software-solutions-provider
Financial IT
In Face of Volatile Economy and Bank Failures, Paystand Marks Its Fourth Year on Inc. 5000 with More Than Sixfold Growth Since 2019

Paystand, the B2B payments company with the world's largest commercial blockchain, has defied market conditions and experienced a 

Monday, August 21, 2023 - 09:23
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/news/payments/face-volatile-economy-and-bank-failures-paystand-marks-its-fourth-year-inc-5000-more
Financial IT
The Fintech Fueling Europe's Digital Currency Revolution: Perfinal's Role in Europe's first Live CBDC Project

Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the fintech backbone of this monumental transition. This remarkable initiative places Perfinal at the forefront of a digital currency revolution, as the financial world grapples with blending traditional mechanisms with new-age digital innovations.

Friday, August 18, 2023 - 15:39
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/news/e-payments/fintech-fueling-europes-digital-currency-revolution-perfinals-role-europes-first
Financial IT
Gate.io to Upgrade Proof of Reserves Method with Zero-Knowledge Technology

Gate.io, a leading cryptocurrency exchange, announces its plan to upgrade its Proof of Reserves (PoR) guarantees by integrating zero-knowledge (ZK) proof technology. This innovation is expected to bolster the privacy and security of users' asset verification processes during PoR validation.

Friday, August 18, 2023 - 14:53
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/news/cryptocurrencies/gateio-upgrade-proof-reserves-method-zero-knowledge-technology
Financial IT
Velo Payments to Acquire YapStone and Revolutionize the Payments Landscape

Velo Payments, Inc. is acquiring YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment.

Friday, August 18, 2023 - 13:53
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/news/payments/velo-payments-acquire-yapstone-and-revolutionize-payments-landscape
Financial IT
LexisNexis Risk Solutions Ranks as Functionality Standout in 2023 Celent AML Transaction Monitoring Report

LexisNexis® Risk Solutions announced its LexisNexis® RiskNarrative™ platform ranked as a Functionality Standout in Celent's 2023 AML (anti-money laundering) Transaction Monitoring (TM) Report.

Friday, August 18, 2023 - 13:45
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/news/risk-management/lexisnexis-risk-solutions-ranks-functionality-standout-2023-celent-aml
Financial IT

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