Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger to provide the payments element for their online marketplace and money remittance service. Wakanda Messenger, developed by Kemit Kingdom, will be widely available on iPhone and Android from 15 October 2020. It has already launched its Beta app in Africa and Europe to a selected audience of 20,000 trial users. Read more
On September 7th, Professional Wealth Management (PWM) magazine, a publication from the Financial Times, released the fourth edition of its annual report: ‘A Guide to Global Citizenship: The 2020 CBI Index’. It evaluates all active citizenship by investment (CBI) programmes in the world and ranks them against nine pillars deemed most important to individuals seeking second citizenship by means of investment. Read more
Keeping in sync with its drive for change, Bithumb Global has launched BG Learning—a platform that aims to enable new investors to learn more about specific projects before investing in them. To spice up the entire process, the platform has introduced a reward system that incentivizes participants with project tokens for their progress. With BG Learning, the platform has yet again proven its penchant for making blockchain easier and more lucrative for those who want to invest in it but are always held back due to the lack of knowledge. It is filling this gap now through the BG Learning platform which would reward users for learning. Read more
sync. is aiming to become the first digital smart open banking app offering their easy-to-use financial services across Europe, promising to manage every aspect of a user’s financial life in one place.
sync. was created out of frustration with traditional banks and the niche offering of new challenger banks that are not responding to all the needs of the end customer. Read more
Multi-asset investment platform eToro has today launched a new cloud computing portfolio to give retail investors access to some of the most exciting tech companies in the world.
Cloud computing underpins many of the technologies we use daily, including email, video streaming and social media. As the world retreated into lockdown this year, cloud services became increasingly important for companies big and small, and the sector is forecast to grow 17% worldwide in 2020 as a result. That growth is expected to continue, with analysts targeting a 14% compound annual growth rate for the sector globally over the next five years. Read more
Finastra has announced that CIH Bank, a Moroccan-based commercial bank, has gone live with Fusion Corporate Channels and Fusion Trade Innovation, to digitize its end-to-end corporate banking services. The solutions are automating the bank’s trade and supply chain finance services, providing its corporate customers with access to services online, rather than in-branch. The solutions reduce manual processes, helping the bank to become more efficient and agile, grow its customer base by providing a more seamless digital customer experience and ultimately, generate new revenue streams. Read more
Leading payments platform Wirex today announced their partnership with Mastercard, as they become the first cryptocurrency-native platform to secure Mastercard principal membership. The news further solidifies Wirex’s vision to bring cryptocurrency to the mainstream with the support of Mastercard, the renowned global payment technology company, by giving Wirex additional functionality and control. Read more
FINCASA VENTURES, UAE-based venture capital and advisor to Multi-Royal-Family Fund Houses, announces Investment summit with objective to syndicate USD 1.0 Bn investment in potential companies and start-ups during and post COVID-19 through its stellar consortium of international and domestic investors led by Family Offices, Angels, Funds. Read more
Finastra research reveals that 86% of global banks are looking to use open APIs to enable Open Banking capabilities in the next 12 months. In addition, 30% of banks surveyed believe Open Banking is already making a tangible impact in delivering improved overall customer experience. This is against a backdrop where regulation is perceived to be tighter than a year ago and close to half (48%) of those audited believe that regulators are holding back innovation. Read more
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