Digital Cash Management

Backbase Enters Strategic Relationship With EverBank to Enhance Commercial and Treasury Services

Retrieved on: 
Wednesday, April 17, 2024

This strategic relationship signifies EverBank's commitment to advancing its commercial and treasury banking sectors, aligning with its growth objectives.

Key Points: 
  • This strategic relationship signifies EverBank's commitment to advancing its commercial and treasury banking sectors, aligning with its growth objectives.
  • EverBank selected the Engagement Banking Platform for its ability to provide a robust and flexible commercial banking experience.
  • This collaboration not only allows EverBank to implement a new online commercial banking and treasury platform, but also lays the groundwork for future growth.
  • Additionally, EverBank will utilize Backbase for managing deposits in both traditional and world markets commercial banking sectors.

The DeFi Report Releases the Ethereum Network’s Q1 Earnings Results

Retrieved on: 
Thursday, April 18, 2024

The DeFi Report released the Q1-24 Issue of The Ethereum Investment Framework today in collaboration with Artemis Analytics and invites investors, analysts, web3 natives, and other interested parties to download the document and listen to the quarterly “earnings call” via The Signal Podcast on Thursday, April 18.

Key Points: 
  • The DeFi Report released the Q1-24 Issue of The Ethereum Investment Framework today in collaboration with Artemis Analytics and invites investors, analysts, web3 natives, and other interested parties to download the document and listen to the quarterly “earnings call” via The Signal Podcast on Thursday, April 18.
  • All interested parties can download the Q1-24 issue on The DeFi Report website, thedefireport.io , by clicking on The Ethereum Investment Framework link on the homepage.
  • The Q1-24 “earnings call” can also be accessed via thedefireport.io on Thursday, April 18 at 2pm EST.

Pulsate Wins “New CUSO of the Year” at 2024 NACUSO Network Conference

Retrieved on: 
Wednesday, April 17, 2024

Pulsate , provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, has been awarded 2024 “New CUSO of the Year” from the National Association of Credit Union Service Organizations ( NACUSO ) at the NACUSO Network Conference in Orlando, Fla.

Key Points: 
  • Pulsate , provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, has been awarded 2024 “New CUSO of the Year” from the National Association of Credit Union Service Organizations ( NACUSO ) at the NACUSO Network Conference in Orlando, Fla.
  • The CUSO Awards recognize CUSOs with stories of great accomplishments and innovation that push for advancements within the credit union industry.
  • NACUSO’s award committee evaluates each nominee before selecting four CUSOs to award for their cooperative efforts.
  • With an intuitive, user-friendly platform, FIs can create personalized, targeted campaigns that seamlessly integrate into existing mobile and online banking environments.

Mogo Reiterates Support for KAOS Capital’s Call for Change at WonderFi

Retrieved on: 
Wednesday, April 17, 2024

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), today reiterated the Company’s support for KAOS Capital Inc. (“KAOS”) and its call for change at WonderFi Technologies Inc. (“WonderFi”) (TSX:WNDR), including KAOS’s intention to nominate a new slate of directors to the WonderFi board.

Key Points: 
  • Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), today reiterated the Company’s support for KAOS Capital Inc. (“KAOS”) and its call for change at WonderFi Technologies Inc. (“WonderFi”) (TSX:WNDR), including KAOS’s intention to nominate a new slate of directors to the WonderFi board.
  • Mogo also confirms that the Company has, at all times, acted in accordance with its contractual obligations and applicable laws in respect of its support for KAOS.
  • Mogo is disappointed that the board of WonderFi has chosen to continue spending time and shareholder money attacking its largest shareholders, including Mogo, in an effort to distract from the operational and governance issues at WonderFi, rather than engaging productively to create value for all shareholders.

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 .