Digital Cash Management

Scrapping Cash: Onbe and ScrapRight Provide 600 Scrap Yards with Instant, Modern Payouts

Retrieved on: 
Thursday, April 11, 2024

Onbe, a leading corporate payouts platform, is partnering with recycling management software company ScrapRight to make payouts more secure and accessible for over 600 scrap yards and their thousands of sellers.

Key Points: 
  • Onbe, a leading corporate payouts platform, is partnering with recycling management software company ScrapRight to make payouts more secure and accessible for over 600 scrap yards and their thousands of sellers.
  • While some scrap yards pay sellers with checks, Onbe and ScrapRight’s solution equips scrap yards to provide a more accessible experience for sellers that meet their payment preferences, as 92% of consumers prefer at least one digital or electronic payment method when receiving a payout, according to Onbe’s 2024 Payouts Landscape .
  • The partnership between Onbe and ScrapRight helps scrap yards respond to regulatory changes by replacing cash with fast and flexible payouts, creating a convenient experience for sellers regardless of their banking status.
  • In addition, scrap yards can alleviate their escheatment concerns by leveraging the solutions offered by Onbe and ScrapRight.

CF Benchmarks Launches Volatility Index for Bitcoin

Retrieved on: 
Thursday, April 11, 2024

CF Benchmarks , the FCA-regulated benchmarks administrator and the largest indices provider for cryptocurrencies, is delighted to announce the launch of the Bitcoin Volatility Index, facilitating the tracking and trading of 30-day forward-looking bitcoin price volatility.

Key Points: 
  • CF Benchmarks , the FCA-regulated benchmarks administrator and the largest indices provider for cryptocurrencies, is delighted to announce the launch of the Bitcoin Volatility Index, facilitating the tracking and trading of 30-day forward-looking bitcoin price volatility.
  • Composed of the CF Bitcoin Volatility Real Time Index (BVX) and the CF Bitcoin Volatility Index Settlement Rate (BVXS), the indices aggregate implied volatility from bitcoin options contracts listed on the CME into a single value to gauge market volatility and uncertainty.
  • “As the largest cryptocurrency index provider by Assets under Reference (AuR), CF Benchmarks’ Bitcoin Volatility Index will be the benchmark for bitcoin price volatility, just as the Bitcoin Reference Rate (BRR) is the benchmark for spot bitcoin.”
    The Bitcoin Volatility Index can be used as risk sentiment data or as the settlement mechanism for a range of products so market participants can trade volatility.
  • As with every other CF Benchmarks index, the Bitcoin Volatility Index is UK BMR compliant and calculated to a rigorous methodology.

PAR Technology’s Data Central® Selected as the Exclusive Provider of Food and Inventory Management Across Love's Travel Stops

Retrieved on: 
Wednesday, April 10, 2024

ParTech, Inc. (PAR) , a global restaurant technology company providing unified commerce solutions for enterprise restaurants, announces the selection of PAR Data Central’s® as the exclusive Enterprise Food Management Solution provider for Love’s Travel Stops extensive network.

Key Points: 
  • ParTech, Inc. (PAR) , a global restaurant technology company providing unified commerce solutions for enterprise restaurants, announces the selection of PAR Data Central’s® as the exclusive Enterprise Food Management Solution provider for Love’s Travel Stops extensive network.
  • This alliance underscores Love's commitment to streamlining back-office operations and enhancing customer experience across its diverse portfolio of brands.
  • By incorporating PAR Data Central's Food and Inventory Management Solution into their stores and travel stops, Love's aims to optimize food cost tracking, improve reporting efficiency, and centralize operational processes.
  • Love's decision to select Data Central as its exclusive back-office management provider underscores the value our solutions bring to the table,” said Savneet Singh , CEO of PAR Technology.

Light & Wonder Taps Trustly to Power Cashless Payments at Casinos

Retrieved on: 
Wednesday, April 10, 2024

Trustly, the global leader in Open Banking Payments, and Light & Wonder, the leading cross-platform global games company, are bringing cashless, in-person deposits to casino floors with Light & Wonder’s cashless solution, RAPIDPLAY™.

Key Points: 
  • Trustly, the global leader in Open Banking Payments, and Light & Wonder, the leading cross-platform global games company, are bringing cashless, in-person deposits to casino floors with Light & Wonder’s cashless solution, RAPIDPLAY™.
  • The in-person payments feature of Trustly Pay™ can also be paired with Trustly ID™, a powerful identity solution that supports comprehensive AML compliance by leveraging bank-grade KYC information.
  • “Trustly is the leader in Online Banking Payments with a proven track record in online sports betting and we’re proud to work with them to power our cashless solution on casino floors,” said Jon Wolfe, President of Global Systems and Services at Light & Wonder.
  • TRUSTLY ® and the TRUSTLY Logo, TRUSTLY PAY, and TRUSTLY ID are trademarks or registered trademarks of Trustly Holding AB.

SAP Emarsys Announces AI Product Finder, as Demand for AI-Powered Retail Reaches a New High

Retrieved on: 
Wednesday, April 10, 2024

SAP Emarsys today announces its AI Product Finder, a new tool that revolutionizes how brands recommend products and personalize their customer experiences.

Key Points: 
  • SAP Emarsys today announces its AI Product Finder, a new tool that revolutionizes how brands recommend products and personalize their customer experiences.
  • With Generative AI now taking center stage across many industries, SAP Emarsys is reaffirming its decade-long AI heritage through the announcement of new AI tools designed to empower marketers and new industry-leading research into AI.
  • As a result of these benefits, 61% of shoppers now want to see greater integration of AI into retail — a major boost in consumer demand.
  • Recognizing the crucial role of AI, SAP Emarsys is excited to announce a pilot for its innovative AI Product Finder.

Talus Pay Rebrands to Reflect Enhanced Fintech Offerings

Retrieved on: 
Wednesday, April 10, 2024

Newly-acquired Jobox.ai will assume the Talus Pay sub-brand name as Talus’ flagship fintech offering.

Key Points: 
  • Newly-acquired Jobox.ai will assume the Talus Pay sub-brand name as Talus’ flagship fintech offering.
  • The changes reflect the company’s continued mission to provide leading fintech solutions to merchants and focus on integrated technology-enabled growth.
  • Additionally, Talus has been honored with numerous industry awards:
    “Starting to integrate the Clarus and Jobox teams and technology into our business has been exciting,” said Talus CEO Kim Fitzsimmons.
  • As a Top 10 Payments ISV honoree, the Talus Pay technology will be showcased at booth K4 in ETA’s ISV Village on the tradeshow floor.

Western Union to Release First Quarter 2024 Results on April 24

Retrieved on: 
Wednesday, April 10, 2024

The Western Union Company (NYSE: WU) announced today that Chief Executive Officer Devin McGranahan and Chief Financial Officer Matt Cagwin will host a webcast and conference call to discuss first quarter 2024 results on April 24, at 4:30 p.m.

Key Points: 
  • The Western Union Company (NYSE: WU) announced today that Chief Executive Officer Devin McGranahan and Chief Financial Officer Matt Cagwin will host a webcast and conference call to discuss first quarter 2024 results on April 24, at 4:30 p.m.
  • ET.
  • A press release highlighting the financial results will be issued at approximately 4:05 p.m.
  • Registration for the event is required, so please register at least 15 minutes prior to the scheduled start time.

Former Upstart Founding Executive, Jeff Keltner, Joins LawFi as Strategic Advisor

Retrieved on: 
Tuesday, April 9, 2024

LawFi, Inc., (“ LawFi ”) a pioneering Legal Fintech Lender and the Inventor of the “Legal Fee Loan” is pleased to announce the addition of Mr. Jeff Keltner to our growing team.

Key Points: 
  • LawFi, Inc., (“ LawFi ”) a pioneering Legal Fintech Lender and the Inventor of the “Legal Fee Loan” is pleased to announce the addition of Mr. Jeff Keltner to our growing team.
  • Mr. Keltner has signed on as an Advisor to help guide our highly experienced teams.
  • Jeff was a founding team member at Upstart where he led business development, strategic partnerships, and new initiatives from its founding through an eventual IPO and beyond.
  • He was a key executive at Upstart, helping to take Upstart from its launch to the prominent multi-billion public company it is today.

Birmingham, Alabama-Based Fairvoy Private Wealth Goes Independent with Dynasty Financial Partners

Retrieved on: 
Tuesday, April 9, 2024

Dynasty Financial Partners today announced that Fairvoy Private Wealth has joined its industry-leading platform of technology-driven wealth management tools and services.

Key Points: 
  • Dynasty Financial Partners today announced that Fairvoy Private Wealth has joined its industry-leading platform of technology-driven wealth management tools and services.
  • Fairvoy Private Wealth is an independent wealth management firm based in Birmingham, Ala., staffed by professionals from Merrill Lynch, including:
    Stephen Davis, CFP®, ChFC®, APMA®, Managing Partner, Senior Private Wealth Advisor
    Neal Carroll, CFP®, CPWA®, CPFA®, Chief Operating Officer, Senior Private Wealth Advisor
    Ashley Davis, CPA®, CRPC®, Chief Financial Officer, Senior Private Wealth Advisor
    The name "Fairvoy" invokes the firm's dedication to fairness and upholding its clients’ best interests on their wealth-management voyages.
  • “We are pleased to welcome the Fairvoy team to our Dynasty family and thrilled to include a new firm in the growing Birmingham market," said Shirl Penney, CEO and Founder of Dynasty Financial Partners.
  • Fairvoy has selected Fidelity as its custodian, Black Diamond for performance reporting, and eMoney Advisor for financial planning.

Fully Cloud-Native MicroStrategy ONE® Platform Now Available on Google Cloud Marketplace

Retrieved on: 
Tuesday, April 9, 2024

Deploying MicroStrategy ONE on Google Cloud enables customers to take full advantage of MicroStrategy AI , a first-to-market solution for rapidly building AI applications on trusted data.

Key Points: 
  • Deploying MicroStrategy ONE on Google Cloud enables customers to take full advantage of MicroStrategy AI , a first-to-market solution for rapidly building AI applications on trusted data.
  • With MicroStrategy ONE and Google Cloud, large organizations can truly become data-driven organizations.
  • “Bringing MicroStrategy ONE to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the platform on Google Cloud's trusted, global infrastructure," said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud.
  • “And now that MicroStrategy ONE is available on Google Cloud Marketplace, it’s simple to purchase and deploy, enabling businesses to accelerate their journey towards basing all business decisions on hard data and analysis, rather than on gut feelings."