TangoPay, a leading global payments platform, has announced a strategic collaboration with ThetaRay, a pioneer in AI solutions for financial crime detection. This partnership aims to bolster TangoPay’s security measures and protect its platform from the ever-growing threat of financial crimes. By implementing ThetaRay’s cutting-edge SONAR solution, TangoPay will have an advanced monitoring system in place to detect and mitigate
In a move aimed at revolutionizing small business payment options, Veem, a global payment network, has announced the introduction of virtual cards tailored specifically for small businesses operating in the United States. This innovation comes as an expansion of Veem’s real-time payment capabilities, bringing increased convenience and efficiency to businesses of all sizes. Partnership with Marqeta Veem has partnered with
Tokenization, the process of creating digital counterparts of real-world assets, has emerged as a transformative force in the world of finance. However, its true potential goes beyond mere replication. In this article, we delve into the current state of tokenization, highlighting the failures resulting from a lack of innovation, and emphasizing key aspects often overlooked. We then explore how enhancements
Since its conception in 2009, Bitcoin, a revolutionary digital currency, has made significant advancements. From its humble beginnings as a decentralized peer-to-peer electronic cash system, Bitcoin has evolved into a global phenomenon, with a market capitalization exceeding $1 trillion. Along with this growth, Bitcoin wallets have played a crucial role in ensuring the security and convenience of using Bitcoin. Development
Authentic, a turnkey insurance platform specializing in captive insurance, has successfully closed a $5.5 million seed round. This significant funding will enable the company to launch its innovative ‘Captive in a Box’ platform, which aims to support vertical SaaS companies, franchises, and other groups in reaping the numerous benefits of captive insurance. Introducing the “Captive in a Box” platform Captive
Vega, a UK wealthtech platform founded by former executives from leading hedge funds, private equity firms, and fintech scale-ups, has recently launched with over $8 million in equity investment. The platform aims to bridge the gap between institutional-grade wealth management solutions and mass-market private wealth solutions, transforming the experience for both end-users and financial advisors. Features of Vega Platform With
The cryptocurrency market has been in a state of uncertainty, with doubts looming over Bitcoin’s ability to climb to the elusive $50,000 mark. However, amidst this skepticism, three alternative digital assets—Cardano (ADA), Polygon (MATIC), and InQubeta (QUBE)—have been steadily gaining momentum. These digital assets, each with their unique value proposition and technological advancements, are catching the attention of investors and
As the world rapidly embraces digitization, the mortgage industry is also adapting to new technologies that optimize processes and improve customer experience. One such innovation is the AI-powered digital lending platform, which revolutionizes communication between lenders and home buyers through various digital channels such as desktops, smartphones, and websites. AI-powered digital lending platforms AI-powered digital lending platforms are user-facing applications
Decentralized Autonomous Organizations (DAOs) and smart contracts are reshaping the financial landscape by automating trades, eliminating intermediaries, and reducing the risk of disputes. This article explores the significant impact that DAOs have on fund management, custody services, venture capital funding, and the overall transformation of traditional finance. Understanding DAOs in the Blockchain Ecosystem DAOs have gained prominence as powerful entities
Generative AI, a cutting-edge technology with tremendous potential, is now being explored in the banking sector. In an exciting collaboration, Fujitsu, Hokuriku Bank, and Hokkaido Bank have joined forces to launch joint trials using generative AI technology. These trials aim to delve into the capabilities of generative AI and identify effective use cases within the banking industry. With the trials
Paysend and Visa have recently announced a significant extension to their existing global money movement arrangement through Visa Direct. This five-year partnership aims to revolutionize international money transfers by leveraging the power of Visa Direct, Visa’s real-time money movement network. The collaboration builds upon the initial partnership announced in February of last year and seeks to enhance domestic and cross-border
Emirates NBD, the leading banking group in MENAT (Middle East, North Africa, and Turkey), has recently unveiled its highly anticipated mobile banking app, ENBD X. In a bid to revolutionize the banking experience, ENBD X offers an extensive range of features, empowering customers with enhanced accessibility, financial management capabilities, and innovative investment opportunities. With its user-friendly interface and cutting-edge functionalities,
