Community business development corporation

Huobi Research Institute Releases 2021 Annual Blockchain Trends Report

Retrieved on: 
Friday, January 21, 2022 - 4:01am

HONG KONG, Jan. 20, 2022 /PRNewswire/ -- Huobi Research Institute, the leading blockchain application research team, today released its Global Blockchain Industry Overview and Trends 2021-2022 Annual Report.

Key Points: 
  • HONG KONG, Jan. 20, 2022 /PRNewswire/ -- Huobi Research Institute, the leading blockchain application research team, today released its Global Blockchain Industry Overview and Trends 2021-2022 Annual Report.
  • The Global Blockchain Industry Overview and Trends 2021-2022 Annual Report released by Huobi Research Institute provides the answers.
  • Huobi Blockchain Application Research Institute (referred to as "Huobi Research Institute") was established in April 2016.
  • As the research object, the research goal is to accelerate the research and development of blockchain technology, promote the application of blockchain industry, and promote the ecological optimization of the blockchain industry.

ETA Welcomes the Federal Reserve's CBDC Discussion Paper

Retrieved on: 
Thursday, January 20, 2022 - 10:39pm

WASHINGTON, Jan. 20, 2022 /PRNewswire/ --The Electronic Transactions Association (ETA) today welcomes the Federal Reserve Board's discussion paper Money and Payments: The U.S. Dollar in the Age of Digital Transformation.

Key Points: 
  • WASHINGTON, Jan. 20, 2022 /PRNewswire/ --The Electronic Transactions Association (ETA) today welcomes the Federal Reserve Board's discussion paper Money and Payments: The U.S. Dollar in the Age of Digital Transformation.
  • The paper discusses and seeks comment on whether and how a Central Bank Digital Currency (CBDC) could improve the current domestic payments system.
  • To this end, ETA released "7 Guiding Principles for CBDC" against which any proposed CBDC should be measured.
  • As policymakers and the Federal Reserve consider implementing a CBDC, ETA supports a CBDC that advances these 7 guiding principles:

Benefit Street Partners, Franklin BSP Lending Corp., and Franklin BSP Capital Corp. Announce Record Private Debt Originations in 2021

Retrieved on: 
Wednesday, January 19, 2022 - 9:25pm

BSP is one of the largest BDC managers with over $2 billion of equity and capital commitments as of November 30, 2021.

Key Points: 
  • BSP is one of the largest BDC managers with over $2 billion of equity and capital commitments as of November 30, 2021.
  • Thomas Gahan, CEO of BSP stated: "BSP's record originations in both Q4 and full-year 2021 demonstrate the strength of our private debt platform.
  • FBLC is managed by its investment adviser, Franklin BSP Lending Adviser, L.L.C., an affiliate of Benefit Street Partners L.L.C.
  • FBCC is managed by its investment adviser, Franklin BSP Capital Adviser L.L.C., an affiliate of Benefit Street Partners L.L.C.

Nuvei Releases In-depth Research on Cryptocurrency’s Future as a Payment Method

Retrieved on: 
Wednesday, January 12, 2022 - 2:00pm

It uncovers detailed facts and compelling statistics on cryptocurrencies as a viable payment method in eCommerce.

Key Points: 
  • It uncovers detailed facts and compelling statistics on cryptocurrencies as a viable payment method in eCommerce.
  • The white paper, Mystery to Opportunity: The Future of Crypto Payments, can be downloaded from the Nuvei site here.
  • We are Nuvei (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands.
  • Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates.

15th Asian Financial Forum attracts 63,000+ views

Retrieved on: 
Wednesday, January 12, 2022 - 10:00am

As of 11 January, the AFF virtual platform had seen more than 63,000 views from 80 countries and regions.

Key Points: 
  • As of 11 January, the AFF virtual platform had seen more than 63,000 views from 80 countries and regions.
  • Jean-Claude Trichet, Former President, European Central Bank, offered his views on how the financial industry, regulators and policymakers should step up their concerted efforts in addressing key issues related to monetary stability in times of uncertainty.
  • Delivering his remarks on the second morning of AFF 2022, Paul Chan, Financial Secretary of the HKSAR, noted the tremendous opportunities for Hong Kong's financial market created by Mainland China's continued development.
  • PwC and the HKTDC jointly presented a pulse survey, "ESG Investing: Challenges and Opportunities for Hong Kong", during AFF 2022.

HBAR Foundation Announces Partnership with A.R. Rahman to Create Content for A New NFT Platform That Supports India's Independent Music Community

Retrieved on: 
Friday, January 7, 2022 - 12:10pm

DALLAS, Jan. 7, 2022 /PRNewswire/ -- The HBAR Foundation today announced a partnership with Indian composer, producer and musician A.R. Rahman, to create content for a new NFT music platform focused on India's independent music community. The HBAR Foundation is providing a grant and organizational support for development and growth of the  NFT platform, scheduled to launch in the first quarter of 2022.

Key Points: 
  • Rahman
    DALLAS, Jan. 7, 2022 /PRNewswire/ -- The HBAR Foundation today announced a partnership with Indian composer, producer and musician A.R.
  • Rahman , to create content for a new NFT music platform focused on India's independent music community.
  • The HBAR Foundation is providing a grant and organizational support for development and growth of the NFT platform, scheduled to launch in the first quarter of 2022.
  • "We're excited to partner with HBAR Foundation to create content, as well as support and mentor the new NFT platform, which in turn will bring more opportunities to the Indian music community," said Mr. Rahman.

HBAR Foundation Announces Partnership with A.R. Rahman to Create Content for A New NFT Platform That Supports India's Independent Music Community

Retrieved on: 
Friday, January 7, 2022 - 11:36am

DALLAS, Jan. 7, 2022 /PRNewswire/ -- The HBAR Foundation today announced a partnership with Indian composer, producer and musician A.R. Rahman, to create content for a new NFT music platform focused on India's independent music community. The HBAR Foundation is providing a grant and organizational support for development and growth of the  NFT platform, scheduled to launch in the first quarter of 2022.

Key Points: 
  • Rahman
    DALLAS, Jan. 7, 2022 /PRNewswire/ -- The HBAR Foundation today announced a partnership with Indian composer, producer and musician A.R.
  • Rahman , to create content for a new NFT music platform focused on India's independent music community.
  • The HBAR Foundation is providing a grant and organizational support for development and growth of the NFT platform, scheduled to launch in the first quarter of 2022.
  • "We're excited to partner with HBAR Foundation to create content, as well as support and mentor the new NFT platform, which in turn will bring more opportunities to the Indian music community," said Mr. Rahman.

Business Development Corporation of America (“BDCA”) Changes Name to Franklin BSP Lending Corporation (“FBLC”)

Retrieved on: 
Tuesday, January 4, 2022 - 8:00pm

The Board of Directors of Business Development Corporation of America (BDCA) has elected to change the name of the company to Franklin BSP Lending Corporation (FBLC) effective January 1, 2022.

Key Points: 
  • The Board of Directors of Business Development Corporation of America (BDCA) has elected to change the name of the company to Franklin BSP Lending Corporation (FBLC) effective January 1, 2022.
  • FBLC is a non-listed business development company with a $2.5 billion investment portfolio as of September 30, 2021.
  • FBLC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.
  • FBLC is managed by its investment adviser, Franklin BSP Lending Adviser, L.L.C., an affiliate of Benefit Street Partners L.L.C.

Alchemy Pay's Dialogue with Former IMF Chief Economist: Stablecoins Have Big Advantage Over CBDCs

Retrieved on: 
Monday, December 20, 2021 - 6:00am

In conversation with Alchemy Pay's CEO, John Tan, Johnson cited the cheap, borderless transactions stablecoins offer to global technology companies like Google and Meta.

Key Points: 
  • In conversation with Alchemy Pay's CEO, John Tan, Johnson cited the cheap, borderless transactions stablecoins offer to global technology companies like Google and Meta.
  • He said, "I think big tech will be drawn to stablecoins - which are not the same as central bank digital currencies."
  • CBDCs, controlled by national governments, will not offer the same borderless appeal to the internet economy in which companies conduct business globally.
  • Johnson added, "I think stablecoins have a big advantage over CBDCs if they organise themselves properly."

SWIFT Delivers Major Milestones in Strategy for Instant and Frictionless Transactions, and Sets the Stage for Global Adoption In 2022

Retrieved on: 
Tuesday, December 14, 2021 - 9:15am

The innovations SWIFT has brought to market this year are central to its strategic agenda to support the transformation of the global industry.

Key Points: 
  • The innovations SWIFT has brought to market this year are central to its strategic agenda to support the transformation of the global industry.
  • SWIFT Go, launched in July, significantly improves the experience for consumers and small businesses sending low-value cross-border payments.
  • Payment Pre-validation eliminates one of the leading causes for international payments to stop or lose time incorrect payee information.
  • We appreciate the open dialogue with SWIFT, as well as its commitment to understanding Wells Fargos global transaction banking priorities.