BDO und BEKB beteiligen sich an daura
BDO und die Berner Kantonalbank AG (BEKB) gehen eine strategische Beteiligung an der daura ag ein. Durch die Zusammenarbeit soll das daura Ökosystem für digitale KMU-Aktien weiter verstärkt werden. Mit der BEKB und BDO beteiligen sich zwei namhafte Unternehmen mit
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In Guatemala, Incumbents Tap Fintech Specialists to Ramp up Tech Capabilities
In Guatemala, incumbent banks are teaming up with fintech startups to benefit from their technological advancements, enable a seamless digital customer experience and access new market segments. Banco de los Trabajadores (Bantrab) is among the prominent financial group in the
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Swiss Banks’ Foreign Exchange Rate Comparison
Swiss banks charge on average 1.46% for currency exchange. In some cases 4.5 times more than amnis. Small and medium-sized companies are often unaware that high exchange rate mark-ups are hidden in the standard industry exchange rates. Amnis, however, is
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Credit Suisse’s CSX Named Best-Known Swiss Digital Banking Brand
Credit Suisse’s digital bank offering CSX has been named the best-known Swiss brand for digital banking in Switzerland a year after launching. According to independent market research, nearly half of the Swiss population is familiar with the CSX brand name,
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Former Citi Exec Launches US$1.5 Billion Crypto Investment Vehicle
Founded by former Citi’s head of structured products Matt Zhang, crypto-focused investment firm Hivemind Capital Partners has launched its debut US$1.5 billion multi-strategy investment venture for the blockchain and digital asset ecosystem. The New York-headquartered firm will invest in crypto companies,
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Digital Currency Group to Move Headquarters From NYC to Stamford
Bitcoin and blockchain investor Digital Currency Group (DCG) will be relocating its headquarters from New York City to Stamford, Connecticut. The office of the Governor of Connecticut Ned Lamont announced that the move is expected to create over 300 jobs
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Mastercard to Extend Real-Time Payments to Latin America With Arcus Acquisition
Mastercard has acquired Mexico-based Arcus Financial Intelligence to support bill pay solutions and other real-time payment applications across Latin America. Arcus provides bill pay and cash-in, cash-out services for billers, retailers, fintechs and traditional financial institutions in the US and
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How Can Financial Institutions Put a Stop to Account Takeover Attacks
Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO) fraud is one of the top causes of fraud losses for banks and financial institutions. An account takeover occurs when
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Thought Machine Earns Unicorn Badge with US$200 Million Series C Fundraise
Thought Machine, a London-based cloud-based core banking technology firm, has now achieved a unicorn valuation following the closing of its US$200 million Series C funding round. The round takes the total funding raised by Thought Machine to over US$340 million.
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Boerse Stuttgart’s BISON Launches Crypto Savings Plan
German stock exchange Boerse Stuttgart Group’s crypto platform BISON announced that it has rolled out savings plans for tradable cryptocurrencies. Plans start at a savings rate of 0.01 euros per week, month or quarter, and are accessible through BISON‘s app
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