Digital Cash Management

Generations Federal Credit Union Partners with Q2 to Reach Younger Members

Retrieved on: 
Wednesday, April 17, 2024

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Generations Federal Credit Union (Generations FCU) has partnered with Q2 to offer a comprehensive suite of in-demand digital banking services and experiences.

Key Points: 
  • Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Generations Federal Credit Union (Generations FCU) has partnered with Q2 to offer a comprehensive suite of in-demand digital banking services and experiences.
  • Generations FCU rapidly transformed its member experience by leveraging Q2's digital banking platform, Q2 Innovation Studio and Q2 Marketplace, which allows the credit union to integrate third-party fintech solutions seamlessly into its digital banking experience and offer innovative services directly to members.
  • “Our expanding partnership with Q2 positions Generations FCU as a leader in providing the most relevant digital services to both our current and up-and-coming members,” said Jessica Hernandez, vice president of Operations, Generations Federal Credit Union.
  • “Q2 is proud to support forward-looking credit unions like Generations FCU to help expand and strengthen their member relationships by delivering innovative and differentiated services.”
    Click here to learn more about the Q2 and Generations Federal Credit Union partnership.

Clearstream to invest in Digital Vault Services

Retrieved on: 
Wednesday, April 17, 2024

Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe.

Key Points: 
  • Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe.
  • The mid-term plan will be to integrate DVS’s Guarantee Vault with D7, the digital post-trade platform of Deutsche Börse and its post-trade business Clearstream.
  • Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, said: “Digital leadership is a central part of Deutsche Börse Group’s Horizon 2026 strategy.
  • Deutsche Börse and its post-trade business Clearstream provide with their digital post-trade platform D7 a fully digital alternative to conventional physical issuance and managing of financial securities, reducing the time-to-market for securities from days to minutes.

Abra Launches Abra Prime and Abra Private: Integrated Digital Assets Solutions for Institutional and Private Clients

Retrieved on: 
Wednesday, April 17, 2024

Abra, a global platform for digital asset prime services and wealth management, today announced the launch of its integrated offering for institutions, Abra Prime, and private clients, Abra Private, following approval from the SEC for its subsidiary, Abra Capital Management LP (ACM), to operate as a registered investment advisor (RIA).

Key Points: 
  • Abra, a global platform for digital asset prime services and wealth management, today announced the launch of its integrated offering for institutions, Abra Prime, and private clients, Abra Private, following approval from the SEC for its subsidiary, Abra Capital Management LP (ACM), to operate as a registered investment advisor (RIA).
  • More information about Abra, including our Form ADV Part 2A Brochure, is available at the SEC’s website, http://www.adviserinfo.sec.gov .
  • Abra Private provides bespoke solutions for private clients, family offices and trusts, while Abra Prime’s client base includes hedge funds, venture capital, crypto infrastructure firms and other institutional investors.
  • Abra provides clients with flexibility and customization on LTVs and collateral requirements to help them unlock liquidity from their crypto assets.

TNS Launches Complete Commerce - an End-to-End Payments Solutions Stack

Retrieved on: 
Tuesday, April 16, 2024

Transaction Network Services (TNS) , a global leader in payments infrastructure and managed connectivity services, has launched Complete Commerce – a full-stack, modern and secure payment and network capability.

Key Points: 
  • Transaction Network Services (TNS) , a global leader in payments infrastructure and managed connectivity services, has launched Complete Commerce – a full-stack, modern and secure payment and network capability.
  • Complete Commerce helps solve this payment complexity by leveraging a single supplier relationship and reducing total cost of ownership (TCO) across the enterprise’s technology environment.
  • “By offering a PCI DSS certified, fully managed service for payments and network connectivity, Complete Commerce enables enterprises to accept virtually any type of payment method, online or in-person with TNS’ range of terminals - unattended, at the pump or in-store,” said John Tait, Global Managing Director of TNS Payments Market.
  • The TNS cloud native payment orchestration stack with rich functionality allows payments to be processed real time to multiple end points across the globe.

BAI Banking Outlook Research: Financial Institutions to Prioritize Quality Deposit Growth Over Quantity in 2024

Retrieved on: 
Tuesday, April 16, 2024

Leaders at financial institutions say that growing quality deposits continue to be the top strategic focus for the year, according to the annual BAI Banking Outlook survey.

Key Points: 
  • Leaders at financial institutions say that growing quality deposits continue to be the top strategic focus for the year, according to the annual BAI Banking Outlook survey.
  • This shift in priority reflects declining deposit levels for all generational cohorts in consumer banking.
  • BAI Banking Outlook is an annual study that gives insights into the top priorities, investments, opportunities, and challenges industry leaders face.
  • For more information about the BAI Banking Outlook survey results or to watch a free webinar that goes into more detail on these trends, visit https://info.bai.org/2024-consumer-and-banking-trends-webinar.html .

SmartMetric Says It Has Completed Its Biometric Fingerprint Activated Credit Card With Live Fingerprint Detection and Is Now in the Final Process of Card Lamination and Printing

Retrieved on: 
Tuesday, April 16, 2024

SmartMetric, Inc. (OTC: SMME) - After over a decade of development and following pandemic supply chain issues during the company's reengineering of its biometric fingerprint activated credit card, SmartMetric has completed the manufacture of its advanced biometric card.

Key Points: 
  • SmartMetric, Inc. (OTC: SMME) - After over a decade of development and following pandemic supply chain issues during the company's reengineering of its biometric fingerprint activated credit card, SmartMetric has completed the manufacture of its advanced biometric card.
  • The SmartMetric biometric fingerprint scanning credit card is unique in the world in that it is the first and only such card that has an inbuilt rechargeable battery allowing the card to be used at any type of credit card reader including contactless and ATM readers.
  • “Our amazing fingerprint activated biometric credit card is years ahead of anyone else and will provide a quantum leap in anti credit card fraud for banks and consumers alike,” said Chaya Hendrick.
  • A fingerprint scan credit card is a type of biometric card that uses a built-in fingerprint scanner to verify the identity of the cardholder when they try to make a payment .

MicroStrategy Announces Earnings Release Date and Live Video Webinar for First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 16, 2024

MicroStrategy ® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced it will report its financial results for the first quarter of 2024 after the U.S. financial markets close on Monday, April 29, 2024 and will host a live Video Webinar at 5:00 p.m. Eastern Time to discuss the results.

Key Points: 
  • MicroStrategy ® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced it will report its financial results for the first quarter of 2024 after the U.S. financial markets close on Monday, April 29, 2024 and will host a live Video Webinar at 5:00 p.m. Eastern Time to discuss the results.
  • A live Video Webinar of the event can be accessed under the “Events and Presentations” section of MicroStrategy’s investor relations website at https://www.microstrategy.com/en/investor-relations .
  • The Video Webinar will be conducted on the Zoom platform and questions will only be taken from Video Webinar participants.
  • An archived replay of the event will be available beginning approximately two hours after the call concludes.

FPT Software Attains Gold Stevie® at 2024 Asia-Pacific Stevie® Awards for Innovation

Retrieved on: 
Wednesday, April 17, 2024

Global IT company FPT Software was named winner of Gold Stevie® Awards with its Insurance solution - FPT Software’s Confidon .

Key Points: 
  • Global IT company FPT Software was named winner of Gold Stevie® Awards with its Insurance solution - FPT Software’s Confidon .
  • This is the highest ranking in the annual Asia-Pacific Stevie Awards 2024.
  • The Asia-Pacific Stevie Awards are the only business awards program to recognize innovation in the workplace in all 29 nations of the Asia-Pacific region.
  • The Stevie® Awards are widely regarded as the world's premier business awards, conferring recognition for achievement in the workplace over the past 22 years.

India's Gift Card Market Predicted to Surge to $15.7 Billion by 2028, Driven by Digital Adoption and Corporate Solutions - ResearchAndMarkets.com

Retrieved on: 
Monday, April 15, 2024

The "India Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
  • India's burgeoning gift card sector is forecasted to grow robustly, reaching US$8.9 billion in 2024 and further expanding to an estimated US$15.7 billion by 2028.
  • The trend of corporate entities and digital platforms offering gift card solutions continues to gain momentum in India, showcasing the rising preference for this mode of gifting and incentives.
  • These elements collectively underlie the growth across both retail and corporate segments within the gift card market.

Core Scientific Files Registration Statement for Shares Held by Existing Shareholders

Retrieved on: 
Monday, April 15, 2024

Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced the filing of a registration statement for 10.8 million shares held by existing shareholders.

Key Points: 
  • Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced the filing of a registration statement for 10.8 million shares held by existing shareholders.
  • The Company is not selling any shares of common stock being offered by the registration statement and will not receive any of the proceeds from any sale of such shares by any selling shareholders.
  • The registration statement has been filed with the SEC but is not yet effective.
  • The securities registered under the registration statement may not be sold, nor may offers to buy be accepted prior to the time the registration statement is declared effective.