Latest News

Intellabridge Technology Corporation Announces Stock Ticker Change for Frankfurt Stock Exchange

Published

2 years ago

December 14, 2021

Reading Time: 2 minutes

Menlo Park, California, Vancouver, British Columbia, and Boulder, Colorado–(Newsfile Corp. – December 14, 2021) – Intellabridge Technology Corporation (“Intellabridge”) is pleased to announce that its common shares are trading on the Frankfurt Stock Exchange (“FSE”) under the symbol KASH at the market open starting December 14, 2021.

The change in the ticker symbol is being made to provide greater association between the “Intellabridge” corporate brand and the “Kash” product of the Company.

“We are looking forward to trading under the new ‘KASH’ symbol on the FSE,” said John Eagleton, CEO of Intellabridge. “The new symbol will better align the Company’s ‘Kash’ product with our investor relations and communications strategy. Germany is an important market for the Company where we have a large base of customers and investors. Our continued listing on the FSE broadens Intellabridge’s shareholder base in Europe, increasing trading activity in Intellabridge’s shares, while at the same time facilitating investment in Intellabridge by the European investing community”.

The Frankfurt Stock Exchange is the world’s third largest organized exchange-trading market in terms of turnover and dealings in securities. Only the NASDAQ and the New York Stock Exchanges are larger. With over 3,000 international companies listed on the Frankfurt Exchange and investors directly connected to the Frankfurt Stock Exchange represent 35% of the world’s investment capital.

No action is required by existing shareholders with regards to the ticker symbol change.

The Company’s common shares will also continue to trade on the CSE exchange under the symbol KASH and on the OTCQB under KASHF.

About Intellabridge Technology Corporation

Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) is a digital bank based on blockchain technologies that provides retail and institutional investors with access to decentralized financial applications with additional layers of cybersecurity and customer service.

Intellabridge offers depositors self-custody services to empower them with complete transparency and control over their accounts through its institutional-grade platform. The Kash product features DeFi interest-bearing savings accounts, stablecoin checking, fiat-crypto on-ramps, synthetic stock, ETF and commodity investing, and other DeFi banking services, with plans to offer debit cards, virtual cards, Apple Pay, Google Pay in a growing number of markets globally.

The Kash platform is available on web and mobile at www.kash.io. For more information on Intellabridge, visit www.intellabridge.com.

ON BEHALF OF THE BOARD of DIRECTORS INTELLABRIDGE TECHNOLOGY CORPORATION

“Maria Eagleton” Maria Eagleton, COO

To contact Intellabridge:
Website: intellabridge.com Phone: +1-303-800-5333
Email: [email protected]

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the word “will” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107583

Latest News

Chiba Bank to deploy Moneythor personalisation engine for Chibagin app

Published

2 hours ago

May 17, 2024

Peter Tolan

Chiba Bank, a regional bank dedicated to serving the communities and businesses within Japan’s Chiba prefecture, has entered into a partnership with Moneythor to enhance personalized banking experiences. Through this collaboration, Chiba Bank aims to offer tailored services to its customers.

Utilizing Moneythor’s financial services personalization engine, Chiba Bank will integrate advanced features into its Chibagin app. This app enables users to perform various banking tasks such as checking account balances, transferring funds, making deposits, conducting loan transactions, and paying taxes and utility bills—all without the need to visit one of the bank’s 181 branches across Japan.

Moneythor’s engine deployment promises to provide app users with personalized insights tailored to their unique preferences. These insights encompass money management, savings capabilities, and cash flow predictions, enriching the overall digital banking experience.

Chiba Bank anticipates that this technology will foster stronger connections with its customers and enhance their digital banking journey. Moreover, Moneythor’s extensive global experience is seen as a valuable asset, offering financial insights and best practices to further refine the bank’s digital banking offerings.

As a self-designated engagement banking group with significant assets, Chiba Bank has been implementing a mid-term plan since April last year. This plan focuses on evolving its customer-focused business model through personalized proposals, enhancing existing business models, and exploring new business areas. The bank aims to achieve these objectives by March 31, 2026.

Hideki Shibata, Executive Officer and General Manager of the Digital Strategies Unit at Chiba Bank, believes that the adoption of the Moneythor engine will empower customers with personalized insights and recommendations aligned with their interests. This initiative reflects the bank’s commitment to providing personalized, seamless, and engaging digital experiences, thereby fostering a sense of community among its customers and catering to their evolving digital needs.

Source: fintechfutures.com

The post Chiba Bank to deploy Moneythor personalisation engine for Chibagin app appeared first on HIPTHER Alerts.

Latest News

TerraPay and barq Set the Stage for Swift and Secure Cross-Border Transfers

Published

4 hours ago

May 17, 2024

Peter Tolan

barq, a fintech application, and TerraPay, a global money transfer company, have formed a strategic partnership to offer rapid and secure international money transfer services. This collaboration harnesses TerraPay’s expansive global payments network, aligning with barq’s objective of broadening its service portfolio to meet the increasing demands of the fintech sector.

TerraPay and barq Forge Alliance

The partnership is poised to strengthen barq’s capabilities in providing efficient financial services both domestically within Saudi Arabia and internationally. This development comes on the heels of barq obtaining a license from the Saudi Central Bank in January.

Ahmed Alenazi, CEO of barq, expressed his enthusiasm, stating: “We are thrilled to partner with TerraPay to enhance our international money transfer services. This collaboration underscores our commitment to innovation and ensuring customer satisfaction.”

Ani Sane, Co-Founder & Chief Business Officer at TerraPay, remarked: “This partnership is more than just another agreement; it exemplifies our dedication to supporting promising initiatives in Saudi Arabia like barq. Through this collaboration, we aim to deliver swift, efficient, and secure international money transfer services that adhere to global standards.”

Developed in Riyadh, barq is expected to make a significant impact on Saudi Arabia’s fintech landscape with its services, secure payment methods, and experienced team.

Ani Sane’s comments reflect the shared commitment of both companies to deliver high-quality financial services and contribute to the advancement of the fintech sector in Saudi Arabia.

Source: financemagnates.com

The post TerraPay and barq Set the Stage for Swift and Secure Cross-Border Transfers appeared first on HIPTHER Alerts.

Latest News

CUBE acquires global regulatory intelligence businesses from Thomson Reuters

Published

5 hours ago

May 17, 2024

CISION (PR Newswire)

LONDON, May 17, 2024 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses.

The acquisition of these global businesses represents a major step forward in CUBE’s growth plans. It will deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s existing global customer base will be expanded to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.

CUBE’s global employees will expand to 600, of which close to 250 are highly qualified regulatory subject matter experts, legal and compliance professionals.

Ben Richmond, founder and CEO of CUBE said: “Thomson Reuters is known to be the biggest and best in the industry for providing regulatory expert analysis and subject matter expertise, alongside world-leading journalism and news. The combination of CUBE’s purpose-built AI, with the years of content curated by Thomson Reuters Regulatory Intelligence and Oden expert analysts, will accelerate innovation. Together, we will deliver regulatory transformation capabilities for our global customers that could only have been imagined before.”

Richmond continues: “This combination will provide tremendous scale and depth across CUBE’s regulatory content and technology. It is a significant step toward creating an industry-defining regulatory compliance and risk platform that will benefit all customers and elevate the industry as a whole.”

Through this acquisition, CUBE will provide an expanded and comprehensive selection of specialized regulatory intelligence and regulatory change services, committed to excellence, quality, and highly contextualised and meaningful regulatory content for customers. By combining cutting-edge technology and subject matter expertise at scale CUBE will set a new bar for the industry in regulatory automation and content.

Chris Maguire, General Manager, Risk and Fraud, Corporates, Thomson Reuters said: “It was clear to us that CUBE had established itself as a leading regulatory intelligence provider for global enterprise clients in the financial services and insurance sectors. We wanted to ensure our customers and employees could work with an organisation that would continue to innovate and significantly invest in solutions like Thomson Reuters Regulatory Intelligence and Oden. We are working tirelessly to ensure a seamless and value-enhancing transition for customers and employees, and we are looking forward to working with the CUBE team during this transition.”

Christopher Fielding, Hg, said: “We’re delighted to further extend our market reach, bringing in two high quality and complementary global businesses to the CUBE platform.”

Thomas Martin, Hg, added: “We see these acquisitions as enabling further innovation in the regulatory intelligence and change management sector, leading to strengthened demand for these quality solutions across the globe.”

The terms of the transaction will not be disclosed.

About CUBE

CUBE provides a highly comprehensive and robust source of classified, and meaningful AI-driven regulatory data to power its Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) solutions. CUBE’s purpose-built regulatory technology including its AI engine (RegBrain) and software platform (RegPlatform) tracks, analyses, and monitors laws, rules, and regulations in every country and in every published language to create an always up-to-date regulatory footprint that transforms visibility and compliance capability for customers across the globe.

With operations across Europe, North America, Canada, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes.

Following the strategic partnership with Hg in March 2024, CUBE announced the acquisition of US-based Reg-Room in May 2024.

About Hg

Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers.

This industry is characterised by digitisation trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.

With a vast European network and strong presence across North America, Hg’s 400 employees and around $70 billion in funds under management support a portfolio of around 50 businesses, worth over $140 billion aggregate enterprise value, with over 110,000 employees, consistently growing revenues at more than 20%.

About Regulatory Intelligence

Regulatory Intelligence is a proactive, connected, and comprehensive solution that tracks and analyses regulatory changes within ~2,000 regulatory bodies and rulebooks for more than 20 countries. It enables banking, financial services, and insurance (BFSI) sectors to manage exposure to operational, regulatory, and compliance risk.

About Oden

Oden State Rules and Regulations (SR&R), Oden Policy Terminator/Sentry PT, and OdenTrack provide repositories and automated solutions for complying with state rules and regulations on the provisioning of Personal and Business Insurance in the US.

View original content:https://www.prnewswire.co.uk/news-releases/cube-acquires-global-regulatory-intelligence-businesses-from-thomson-reuters-302147604.html