Cards & Payments
NYMBUS Partners with NYDIG to offer Bitcoin Banking
NYMBUS®, a leading provider of banking technology solutions, announced it has partnered with NYDIG to help financial institutions quickly expand their digital capabilities by offering Bitcoin products and services to customers.
According to a new NYDIG consumer survey, more than...
Americas
Liquid Avatar Launches KABN Prepaid Visa Card and Mobile Card App in Canada
Liquid Avatar Technologies Inc. a global blockchain, digital identity and fintech solutions company, is excited to announced that it has launched the KABN Prepaid Visa Card in Canada, powered by the XTM Inc. payment platform and its sponsoring financial...
Banking
Visa to accept transactions in US dollar-backed cryptocurrency USDC
Visa has announced the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle its transactions over Ethereum, an open-source blockchain.
The company is pilot testing the new capability with its partner Crypto.com and intends to...
Banking
BNP Paribas reports 38% rise in Q1 2021 income to €1.7bn
BNP Paribas has reported a net income of €1.76bn for the first quarter ended 31 March 2021, an increase of 37.9% compared to €1.28bn for the corresponding quarter in 2020.
The bank has reported an operating income of €2.33bn for...
Americas
Southern California Bancorp to Acquire Bank of Santa Clarita
Southern California Bancorp, the holding company for Bank of Southern California, N.A., and Bank of Santa Clarita jointly announce the signing of a definitive merger agreement pursuant to which Southern California Bancorp will acquire Bank of Santa Clarita through...
Insurance
COVID-19 driven organisational tsunami puts change top of insurance agenda
Bureaucracy was thrown out of the window’ as insurers faced change or die ultimatum, delegates heard at the Intelligent Insurer Claims Innovation USA virtual event.
COVID-19 has forced the insurance industry to radically change the way that it does business...
Asia Pacific
Chinese insurtech firm expands reach in Southeast Asia
Next Insurance, the leading digital insurtech company transforming small business insurance announced a partnership with Amazon Business to provide eligible members the opportunity to access customized small business insurance. This partnership will allow Business Prime members to easily obtain...
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