摘要: Speaking with PYMNTS, Zeeshan Feroz, chief growth officer at MoonPay, explained that lowering the barriers to entry for businesses interested in crypto business models must go beyond providing infrastructure to support the buying, selling and storage of digital currencies. Taking a compliance-centric approach to servicing these firms, and supporting their growth through banking services, results in a more holistic offering that can help the cryptocurrency ecosystem proliferate — compliantly.
摘要: A new stablecoin project says it has solved the problem of how to maintain a level price using market forces rather than huge stacks of fiat or locked crypto.
摘要: As technology has evolved, so too have the methods used by money launderers. The development of increasingly sophisticated online banking and investment tools have enabled money launderers to move large sums of money around quickly and anonymously. Meanwhile regulators find themselves playing a game of whack-a-mole – as soon as one loophole is closed, another one opens up.
摘要: Not every form of financing is right for every business, but for many high-growth technology companies, the options for funding that fits their expansion trajectories can be limited.
摘要: Not so long ago, legacy core systems operated on-premise were a point of pride, and were often at the heart of the mainstream financial businesses that operated them. Increased expectations and evolving customer needs, however, are forcing financial businesses to move beyond legacy core systems. Moreover, application programming interface (API) and cloud technology have democratized the types of businesses that can now offer financial services, as well as how those services are offered.
摘要: Another day, another entrant to the public markets by a challenger bank, made possible by a special-purpose acquisition company (SPAC) merger. On Monday (June 7), challenger bank startup Dave's public debut was made possible via a partnership with VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC). Dave entered the public market with an expected equity value of about $4 billion.
摘要: In today’s top news in digital-first banking, DuPont Community Credit Union (DCCU) has inked a multiyear deal for Lumin Digital’s cloud-native infrastructure, while Huntington Bank has rolled out Standby Cash to allow clients to access new lines of credit. Plus, First Midwest Bank and Old National Bank have signed a definitive merger deal.
摘要: In this contributed article, Paul Ford, CEO of TRAFFK, discusses how the insurance companies that are able to successfully merge cloud-based data driven AI technology with the traditional methods of engagement through their agents are the ones who will rise to the top.
摘要: Square is said to be getting ready to provide savings accounts and checking accounts to small- to medium-sized business (SMB) customers, Bloomberg reported Monday (May 24).