Reading Time: 2 minutes  Coinplug, a South Korean blockchain developer, was selected for the fourth time this year by a government-backed institution to participate in the development of blockchain solutions. R&D, public and private sectors are the areas the South Korean Government is supporting in 2019 and the consortium...
Reading Time: 1 minute  BMO is pleased to announce an expanded partnership with leading digital lending platform Blend, having participated as a strategic investor in the company’s recent Series E round. The expanded relationship will further accelerate the bank’s digital strategy in North America. “Customers are telling us that they are...
Reading Time: 2 minutes  Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and part of the S&P 500® Index, today announced it has entered into a purchase agreement to acquire the retirement plan custody and trust assets from TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Company...
Reading Time: 2 minutes  Since 2000, Folio Financial (formerly FOLIOfn) has provided ahead-of-the-curve innovations for advisors through unique custody, brokerage, and FinTech services. Today it serves the needs of more than 450 firms, including traditional advisory firms and broker-dealers, as well as specialty TAMP providers, large financial enterprises, and...
Reading Time: 2 minutes  FinTEx, a Chicago-based FinTech organization, announced today that Randy Rivera, creator of the FinTEx Forum and longtime Advisory Board member, will be elevated to Executive Director of the organization. Dara Tarkowski, the Co-Chair of the FinTEx Regulatory Special Interest Group, will serve as General Counsel. Founded in 2014 by Jason...
Reading Time: 2 minutes  Small businesses (SMEs) in India spend significant time for mundane work like sales invoice tracking, payment to vendors and employees, and get frustrated with the alien world of GST and accounting. Close to 35% of the entrepreneur’s time is utilized in non-revenue generating activities like invoicing and bank...
Reading Time: 2 minutes  PMS Bazaar & EbixCash Financial Technologies have partnered for a strategic collaboration, to introduce all-in-one PMS & AIF tracking portal for investors. Now investors can seamlessly analyse their entire gamut of investments in a click. The comprehensive platform offers a very safe, easy accessible various...
Reading Time: 1 minute  Early Warning Services, LLC, the network operator behind Zelle®, today announced $44 billion was sent through the Zelle Network® on 171 million transactions during Q2 2019.  Year-over-year payment values increased by 56%, while transaction volume increased by 71%. Nearly 500 financial institutions are contracted to participate on the Zelle Network,...
Reading Time: 1 minute  Xignite, Inc., provider of financial data distribution and market data management solutions for financial services and technology companies, announced today it has been named to The WealthTech 100 list of innovative technology providers that are transforming the global investment industry. Xignite also had 7 WealthTech clients on the...
Reading Time: 2 minutes  PayFacto, a leading payment solutions provider in North America specializing in processing transactions for debit and credit cards, is pleased to announce the arrival and appointment of Mr. Frédéric Gascon as Chief Operating Officer, a new position within the company. In this capacity, Mr. Gascon will...