fintech
Future of finance: US banks partner with crypto custodians
Grayscale Investments’ latestreport “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.” With this in mind, it shouldn’t come as a surprise that many financial institutions have begun to offer services that allow clients access to Bitcoin (BTC) and other digital assets. Last year, in particular, saw an influx of financial institutions incorporating support for crypto-asset custody. For example, Bank of New York Mellon, or BNY Mellon, announced in February 2021 plans to hold, transfer and issue Bitcoin and other cryptocurrencies as an asset manager on behalf of its clients. Michael Demissie, head of digital assets and advanced solutions at BNY ...
The benefits of Banking as a Service for traditional banks
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Disgraced MP tells Parliament UK can be the ‘home’ of crypto
The former Secretary of State for Health and Social Care and current U.K. Member of Parliament (MP) Matt Hancock urged the House of Commons to make England the “home” of crypto. Hancock has served as an MP for West Suffolk since 2010 but stood down from his role as the Health Secretary in mid-2021 following controversy surrounding COVID breaches tied to an alleged extramarital affair. Which is to say his endorsement, while welcomed by the industry, may not hold as much cachet as it once did. Following up from his speech at the House of Commons on Jan. 27, Hancock emphasized the disruptive potential of crypto and fintech on Twitter, noting that: “The UK can be the home of new innovations like FinTech and Cryptocurrency. Done right we can increase transparency and lead in new world-changing ...
New “neo bank” integrates invoicing and payroll services
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5 Fraud Solutions Every Financial Institution Should Have In Place
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Cash Payments Platform Enters 12 New African Markets
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Save your money pay later platform, Simple, partners with El Nada Hospital
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Bboxx launches cash loan pilot in Kenya
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SaaS banking platform Mambu raises €235 million
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Standard Bank Sees Contactless Payments Boom During SA’s Black Friday
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4 Fresh Fintech Funding Trends to Benefit Small Businesses in SA
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SIMcontrol Launches a Next-Generation Mobile APN Product for Africa
SIMcontrol, a leading mobile data connectivity platform for enterprises in Africa, has announced the launch of its fully-managed mobile APN product that connects company data SIM cards via a private & secure virtual network. The new APN-as-a-service enables pooled data across multiple mobile networks. This allows businesses to better manage deployed mobile data SIMs at scale. With the rapid acceleration in digitisation and increased deployment of connected devices, many companies are finding that traditional corporate mobile APN services are not delivering the controls and flexibility needed for today’s digital organisations. SIMcontrol’s Managed APN service provides end-to-end connectivity for a range of mobile data and Internet of Things (IoT) devices. Deployed data SIMs can reach th...
