Tagged: infrastructure

October 25, 2022 @ 10:58 pm By Omar Faridi  |  

Finastra recently announced that Delta National Bank & Trust Company has selected Fusion Essence and Fusion Payments To Go “as its new retail core banking and payments solutions to modernize its digital banking infrastructure.” The move will also “support better customer experiences for its international… Read More

October 25, 2022 @ 10:45 pm By Omar Faridi  |  

Cross River Bank, an infrastructure provider that offers embedded financial solutions,  announced a new collaboration with American Express that “allows Cross River to issue credit cards on behalf of fintechs on the American Express network.” Gilles Gade, Founder, President and CEO of Cross River, said:… Read More

October 18, 2022 @ 7:03 pm By Omar Faridi  |  

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will “enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.” Through this partnership, Wio Business, the… Read More

October 16, 2022 @ 6:14 pm By Omar Faridi  |  

CANVAS, a DeFi infrastructure company, is pleased to announce the testnet launch of CANVAS Connect, the Layer 2 scaling solution “built for the digital economy.” CANVAS Connect was “built in partnership with StarkWare, using the company’s STARK Proofs to batch DeFi transactions.” The new service… Read More

October 9, 2022 @ 11:40 pm By Omar Faridi  |  

The Quadrans Foundation, as part of the TRICK Consortium, will “provide the blockchain technology infrastructure for the new platform’s design and will use Truebit to achieve TRICK’s development goals.” TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was… Read More

October 9, 2022 @ 9:09 pm By Omar Faridi  |  

ThriveDX, which claims to be the “premier” cybersecurity and digital skills provider, and Exclusive Networks, a globally “trusted” cybersecurity specialist for digital infrastructure,  announced the expansion of their partnership “to deliver end-to-end cybersecurity training and talent solutions to its global network of more than 25,000… Read More

October 9, 2022 @ 1:47 pm By Omar Faridi  |  

Geode Finance, a liquid staking infrastructure provider for DAOs, has successfully deployed on Avalanche Mainnet, partnering with Yield Yak “to launch their own liquid staking solution and token, yyAVAX.” With Geode’s infrastructure, DAOs can “unlock new revenue streams and capture the full value of PoS… Read More

October 6, 2022 @ 5:54 pm By Omar Faridi  |  

CWallet, a Qatar-based payment processing fintech startup, has teamed up with M2P Fintech, which claims to be one of Asia’s largest API infrastructure companies, in order “to enable prepaid and multi-currency cards in Qatar.” This partnership is “aimed at promoting financial technology intelligence, financial inclusion,… Read More

October 6, 2022 @ 11:07 am By Omar Faridi  |  

Global network and Infrastructure-as-a-Service pioneer Transaction Network Services (TNS) announced a partnership with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, a global alternative trading system (ATS) that “operates from 8pm to 4am EDT.” Blue Ocean ATS will “leverage TNS’ robust… Read More

October 6, 2022 @ 8:08 am By Omar Faridi  |  

SWIFT has reportedly shown that Central Bank Digital Currencies (CBDCs) and tokenized assets can “move seamlessly on existing financial infrastructure – a major milestone towards enabling their smooth integration into the international financial ecosystem.” The findings, from two separate experiments, “solve the significant challenge of… Read More

October 1, 2022 @ 2:37 pm By Omar Faridi  |  

Monnai, a global infrastructure provider for consumer insights, announced its $3.15 million seed round led by Better Tomorrow Ventures “with participation from Commerce Ventures, Kearny Jackson and 9Yards Capital.” This new investment round “marks the company’s 1-year anniversary and follows an initial pre-seed raised at… Read More

September 27, 2022 @ 10:05 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced that the life insurance and pensions company Irish Life has chosen Stripe as “a strategic payments provider for its Smart Invest app.” The partnership will “make it easier for Smart Invest users to initiate both one-off and… Read More

September 20, 2022 @ 4:49 pm By Omar Faridi  |  

Assure, the platform for Special Purpose Vehicles (SPVs), and satschel, a comprehensive compliance company that aims to modernize financial systems using Web3 technologies, announced a bilateral partnership to enhance “the financial infrastructure of private markets.” Traditionally, private markets “are opaque, illiquid, and behave differently from… Read More

September 19, 2022 @ 10:47 pm By Omar Faridi  |  

EMTECH, a central banking infrastructure provider, announced it will take part in the recently announced Technical Sandbox Program by The Digital Dollar Project in order “to explore the new possibilities of a U.S. CBDC ‘Digital Dollar’.” As one of the 4 announced technical vendors, EMTECH… Read More

September 14, 2022 @ 1:03 am By Omar Faridi  |  

iLex, a Platform-as-a-Service (PaaS) fintech that designs, builds and operates digital market infrastructures for syndicated loans and private credit, announced the launch of its EMEA operations. The Singapore-based Fintech aims “to increase the liquidity, efficiency, and transparency of both primary and secondary loan markets through… Read More

September 12, 2022 @ 3:03 pm By Omar Faridi  |  

Securrency, a blockchain-based financial markets infrastructure and products company, announced that it will deploy its proprietary Digital Asset Composer on the XDC Network, a blockchain “with a mature ecosystem and a particular focus on real-world applications in global trade and finance.” Digital Asset Composer is… Read More

September 11, 2022 @ 11:24 pm By Omar Faridi  |  

Mysten Labs, a web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced the initial close of its $300 million Series B funding round. This new capital “values the company at more than $2 billion.” The company intends “to use the proceeds from… Read More

September 10, 2022 @ 5:20 pm By Omar Faridi  |  

TerraPay, a global payments infrastructure company, has announced its partnership with Zai, the global financial technology company delivering embedded finance orchestration solutions. Together, TerraPay and Zai aim “to strengthen and unify the global payments ecosystem in Australia, by offering a seamless cross border payments experience… Read More

September 8, 2022 @ 11:46 am By Omar Faridi  |  

Security Token Advisors (STA), the “original” consulting firm and advisory group in the tokenization space, is pleased to announce the unveiling of its recent infrastructure client and now vendor OvenueTM, a deep technology platform that “bridges the gap between real-world assets and non-traditional finance (also… Read More

September 7, 2022 @ 11:37 am By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), a provider of global market infrastructure and tradable products, announced the launch on September 12 of the Cboe One Canada Feed, a new real-time market data solution that “provides high-quality Canadian equities reference quote and trade information.” Through a… Read More