Digital Cash Management

XEROF expands its financial offerings, launches web3 finance services bundle

Retrieved on: 
Tuesday, April 16, 2024

XEROF, a Swiss cryptoasset fintech, announced the launch of its web3 services platform.

Key Points: 
  • XEROF, a Swiss cryptoasset fintech, announced the launch of its web3 services platform.
  • Web3 businesses must adjust to constantly changing market conditions in their treasuries of digital and fiat currencies.
  • This eliminates the need for web3 companies to maintain fiat bank accounts, which are often challenging to establish and maintain.
  • Following strong results in 2022 and 2023, XEROF announced more offerings targeted at web3 companies to seamlessly operate between web2 and web3 financial markets.

Chia Network CEO Gene Hoffman to Speak at Brown Rudnick’s Global Blockchain Conference

Retrieved on: 
Monday, April 15, 2024

Chia Network Inc. ("Chia" or the "Company"), founded by Bram Cohen to provide an open-source, public blockchain built for enterprise solutions, today announced its CEO Gene Hoffman will speak at Brown Rudnick’s second annual Global Blockchain Conference in New York on April 18, 2024.

Key Points: 
  • Chia Network Inc. ("Chia" or the "Company"), founded by Bram Cohen to provide an open-source, public blockchain built for enterprise solutions, today announced its CEO Gene Hoffman will speak at Brown Rudnick’s second annual Global Blockchain Conference in New York on April 18, 2024.
  • Other event speakers will include Kristin Smith, CEO of the Blockchain Association, and Sandra Ro, CEO of the Global Blockchain Business Council.
  • Chia Network built a better blockchain to drive real-world use and application.
  • Founded by Bram Cohen, inventor of BitTorrent, Chia provides a secure, sustainable and regulatory compliant blockchain setting the standard for the infrastructure of digital currency and inclusive access to global, decentralized finance.

Juniper Research: Digital Money Transfer Market: Huawei and Visa Revealed as Leaders in New Competitor Leaderboard

Retrieved on: 
Monday, April 15, 2024

A new study from Juniper Research , the foremost experts in payments markets, found the value of digital money transfer & remittances transactions will increase by 41% over the next four years; up from $4.5 trillion in 2028.

Key Points: 
  • A new study from Juniper Research , the foremost experts in payments markets, found the value of digital money transfer & remittances transactions will increase by 41% over the next four years; up from $4.5 trillion in 2028.
  • This growth is largely due to the significant adoption of digital money transfer in developing regions, through solutions such as mobile money, and the impact of instant payments in developed markets, such as the EU.
  • View the full release here: https://www.businesswire.com/news/home/20240414630618/en/
    Find out more about the new report: Global Money Transfer & Remittances Market 2024-2028 , or download a free sample .
  • Underpinned by a robust scoring methodology, the new Competitor Leaderboard ranked the top 15 digital money transfer platforms, using criteria such as the completeness of their solutions, geographical spread, and future business prospects.

Morgan Stanley Digital Transformation Strategy Report 2024: Innovation Programs, Technology Initiatives, Estimated ICT Budget, and Major ICT Contracts - ResearchAndMarkets.com

Retrieved on: 
Friday, April 12, 2024

This report provides insight into Morgan Stanley's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into Morgan Stanley's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • In November 2023, Morgan Stanley Investment Management (MSIM) introduced Morgan Stanley Next Level Fund, L.P. with $50 million of capital commitments.
  • The fund focuses on investing in companies operating in sectors including technology, consumer/retail, financial technology, healthcare, consumer products and media and entertainment.
  • Morgan Stanley is utilizing AI and machine learning to improve its wealth and asset management operations and other operational processes.

WisdomTree Schedules Earnings Conference Call for Q1 on April 26, 2024 at 11:00 a.m. ET

Retrieved on: 
Friday, April 12, 2024

WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today that it plans to release its first quarter results on April 26, 2024 at 7:00 a.m.

Key Points: 
  • WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today that it plans to release its first quarter results on April 26, 2024 at 7:00 a.m.
  • A conference call to discuss the firm’s results will be held at 11:00 a.m.
  • Participant International Toll-Free access numbers: Click Here
    To avoid delays, we encourage participants to dial into the conference call 10 minutes ahead of the scheduled start time.
  • All earnings materials and the webcast can be accessed through WisdomTree’s investor relations website at: https://ir.wisdomtree.com .

Matera's "Pix by the Numbers" Report Highlights New Milestone of an Estimated 5 Billion Pix Transactions per Month

Retrieved on: 
Friday, April 12, 2024

The latest Pix by the Numbers report covers data through Q1 2024 and shows that the number of Pix transactions is 30% more than credit and debit combined.

Key Points: 
  • The latest Pix by the Numbers report covers data through Q1 2024 and shows that the number of Pix transactions is 30% more than credit and debit combined.
  • These include:
    41% Pix transactions initiated by QR Code: In terms of volume, approximately 2 Billion Pix transactions per month start by someone scanning a QR code from their mobile device.
  • Pix transactions continue to surge past credit and debit: The number of Pix transactions is now 30% more than credit and debit combined.
  • Pix costs considerably less to process than credit card transactions, so businesses could lower their payment acceptance costs by encouraging consumers to pay by Pix.

Leading Staking Platform Kiln Introduces 1-Click Restaking and AVS Delegation

Retrieved on: 
Thursday, April 11, 2024

Today, leading enterprise-grade staking platform Kiln , announces the release of their 1-click restaking feature, through the Kiln dApp .

Key Points: 
  • Today, leading enterprise-grade staking platform Kiln , announces the release of their 1-click restaking feature, through the Kiln dApp .
  • With the recent mainnet launch of EigenLayer, Kiln users now have the option to delegate to the Kiln operator , which is running all major Actively Validated Services (AVS).
  • It allows for a seamless and more user-friendly restaking experience by further allowing Kiln customers to restake in a permissionless manner using Kiln dApp.
  • Learn more about Kiln’s restaking, EigenLayer and the upcoming AVSs on our podcast Kiln Rendez-Vous Eigenlayer AVS Edition and Kiln.fi .

Pesa Launches Cost Competitive and Convenient Remittance Services To India

Retrieved on: 
Thursday, April 11, 2024

Pesa , a Canadian cross border financial services provider, announced today its expansion into India following impressive results serving the West African diaspora (Nigeria, Ghana, Cameroon).

Key Points: 
  • Pesa , a Canadian cross border financial services provider, announced today its expansion into India following impressive results serving the West African diaspora (Nigeria, Ghana, Cameroon).
  • Anyone in Canada can access Pesa’s new India remittance service by signing up or downloading the app via the company’s website .
  • To support its India expansion, Pesa will hire local payment experts and open an office in India this year.
  • We are excited to now make our affordable, fast, and secure remittance services available to the Canadian-Indian diaspora,” said Osho.

Green Dot to Announce First Quarter 2024 Results on May 9th

Retrieved on: 
Thursday, April 11, 2024

Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2024 financial results on Thursday, May 9th, 2024 at 5:00 p.m.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2024 financial results on Thursday, May 9th, 2024 at 5:00 p.m.
  • ET.
  • A press release with the company’s first quarter 2024 financial results will be issued after the market closes on the same day.
  • The live webcast of the call can be accessed from Green Dot’s investor relations website at http://ir.greendot.com/ .

ICE Reports Record Open Interest Across its Global Natural Gas Markets with Record Trading Activity in Natural Gas Options

Retrieved on: 
Thursday, April 11, 2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record open interest (OI) across its global natural gas futures and options markets as well as record trading activity in global natural gas options.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record open interest (OI) across its global natural gas futures and options markets as well as record trading activity in global natural gas options.
  • On March 22, 2024, ICE’s global natural gas futures and options hit record OI of 40.2 million contracts, up 29% year-over-year (y/y).
  • Meanwhile, ICE’s U.S. financial gas markets hit record OI of over 11 million futures and options contracts on April 1, 2024.
  • ICE’s global natural gas portfolio is one part of its global energy markets which are the most liquid in the world to trade energy derivatives.