Digital Cash Management

Circle Plants a Flag in the Heart of Wall Street; Announces New Global Headquarters in New York City

Retrieved on: 
Friday, September 13, 2024

The news marks a milestone moment for digital assets, Circle, New York, America and the US Dollar.

Key Points: 
  • The news marks a milestone moment for digital assets, Circle, New York, America and the US Dollar.
  • “One World Trade Center and all it stands for – freedom, strength and a projection of America’s central role in the global economy – are the catalysts of global prosperity.
  • Nothing speaks to the competitiveness of the U.S. economy like New York City, the capital of the capital markets.
  • In over a decade of operations, New York has become a major hub for Circle employees.

Canadian Payments Landscape Braces for Change: Canadian Payments Forecast, 2024 Released - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 12, 2024

The "Canadian Payments Forecast 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Canadian Payments Forecast 2024" report has been added to ResearchAndMarkets.com's offering.
  • These developments have already had a significant impact on consumer spending, which is one of the key factors driving the payments industry in Canada.
  • Canadian Payments Forecast, 2024 provides detailed insights into how these developments affecting the Canadian economy are likely to play out in terms of consumer spending and payment choices.
  • Canadian Payments Forecast, 2024 provides an in-depth analysis of each of the major consumer payments segments in the Canadian market.

Nonco Collaborates with CoinDesk Indices to launch Spot and Derivatives execution on the CoinDesk 20 Index

Retrieved on: 
Thursday, September 12, 2024

Nonco, an institutional crypto trading firm, today announced a collaboration with CoinDesk Indices , a leading provider of digital asset indices since 2014, to provide access to OTC-based spot and derivatives execution on the CoinDesk 20 Index to institutions in Latin America.

Key Points: 
  • Nonco, an institutional crypto trading firm, today announced a collaboration with CoinDesk Indices , a leading provider of digital asset indices since 2014, to provide access to OTC-based spot and derivatives execution on the CoinDesk 20 Index to institutions in Latin America.
  • Launched in January 2024, the CoinDesk 20 Index addresses the growing demand from institutional investors for more diverse portfolio options beyond bitcoin ETFs.
  • Designed for scalability, CoinDesk 20 has already been adopted by leading market-making firms and global market participants.
  • Nonco will now offer liquidity to counterparts on a wide range of products leveraging the CoinDesk 20 Index.

SKUx Proudly Announces the Appointment of Trisha Asgeirsson as Company President

Retrieved on: 
Thursday, September 12, 2024

SKUx , a leader in item-level payments acceptance and digital payment innovation, today announced the naming of global fintech, consumer loyalty, and payments leader, Trisha Asgeirsson, as company President.

Key Points: 
  • SKUx , a leader in item-level payments acceptance and digital payment innovation, today announced the naming of global fintech, consumer loyalty, and payments leader, Trisha Asgeirsson, as company President.
  • Trisha has developed and managed large P&Ls and was responsible for creating and patenting several world-leading value propositions for banks and merchants globally.
  • Trisha serves on the Advisory Board for Women in Consumer Finance and as a strategic advisor for banking technology provider Antuar.
  • I am excited to be driving digital transformation for merchants, CPG companies, and our valued partners through our patented products,” said Asgeirsson.

Wealth Access Taps Drew DiMarino as Chief Revenue Officer

Retrieved on: 
Wednesday, September 11, 2024

Wealth Access, a leading technology provider in wealth data, offering unified insights to help banks unlock growth, boost deposits, and enhance digital banking service, announced today that industry veteran Drew DiMarino has been appointed Chief Revenue Officer.

Key Points: 
  • Wealth Access, a leading technology provider in wealth data, offering unified insights to help banks unlock growth, boost deposits, and enhance digital banking service, announced today that industry veteran Drew DiMarino has been appointed Chief Revenue Officer.
  • DiMarino, with almost 30 years of experience in financial services, will be responsible for overseeing all revenue-generating activities within Wealth Access to maximize growth while continuing to maintain profitability.
  • We are thrilled to have him join our already strong leadership team, where he will play a crucial role in shaping our future business acumen.”
    DiMarino joins Wealth Access having worked with many prominent companies in the financial and wealth industries including Riskalyze, now Nitrogen Wealth, Chief Growth officer where he led revenue efforts driving the company to serve thousands of customers.
  • Our Wealth Access Annual Executive Summit is next week, where we will have leadership from 22 firms representing more than $1.3 trillion in bank assets and over $11 trillion in wealth management.

Prometheum Capital Launches its Custody Platform for Digital Asset Securities

Retrieved on: 
Wednesday, September 11, 2024

Prometheum Ember Capital LLC (“Prometheum Capital”), a subsidiary of Prometheum Inc., announced today the launch of its digital asset securities custody platform.

Key Points: 
  • Prometheum Ember Capital LLC (“Prometheum Capital”), a subsidiary of Prometheum Inc., announced today the launch of its digital asset securities custody platform.
  • Financial institutions, corporates, and institutional investment firms can now custody digital asset securities through Prometheum Capital, a FINRA member firm and SEC-registered special purpose (“SPBD”) broker-dealer for digital asset securities.
  • Prometheum Capital is committed to expanding access to digital asset securities for all investors, including expanding custody services to retail investors in the near future.
  • At the same time, Prometheum Capital is developing an advanced platform for RIAs, providing the tools needed to efficiently manage and grow their clients' digital asset portfolios.

Crystal Intelligence Partners with Leading Global Payments Provider, Clear Junction, to Strengthen Transaction Monitoring and Regulatory Controls for Digital Assets

Retrieved on: 
Wednesday, September 11, 2024

Crystal Intelligence , a leader in digital asset compliance and risk management, has partnered with Clear Junction , a global correspondent account service provider, to strengthen regulatory controls and security for its digital asset transactions.

Key Points: 
  • Crystal Intelligence , a leader in digital asset compliance and risk management, has partnered with Clear Junction , a global correspondent account service provider, to strengthen regulatory controls and security for its digital asset transactions.
  • Through this partnership, Crystal will integrate its advanced blockchain analytics and compliance technology within Clear Junction’s rigorous risk management framework to further enhance security measures for its institutional clients globally.
  • Dima Kats, CEO of Clear Junction, stated, “We are glad to partner with Crystal, one of the industry leaders in digital asset compliance.
  • “The need for secure and efficient onchain transfer services within the digital asset space has never been greater.

Nue's Revenue Lifecycle Platform Expands with Enhancements to Lifecycle Manager, Unlocking the Next Era of Customer and Revenue Journeys

Retrieved on: 
Tuesday, September 10, 2024

Nue, the Revenue Lifecycle Platform, today announced key enhancements to its Lifecycle Manager product.

Key Points: 
  • Nue, the Revenue Lifecycle Platform, today announced key enhancements to its Lifecycle Manager product.
  • As companies adopt hybrid revenue models and customers favor omni-channel buying options, revenue lifecycle management — particularly for recurring revenue — is becoming more complex.
  • Nue’s Lifecycle Manager is purpose-built for the next era of revenue lifecycle management, where agility and actionable insight are table-stakes.
  • This view highlights opportunities for recurring revenue and revenue growth, as well as potential risks for revenue loss.

Rapyd Expands Global Partner Programme to Power Revenue Growth for High-Opportunity Referral Partners, ISOs, and PayFacs

Retrieved on: 
Tuesday, September 10, 2024

These industries often face the challenge of finding a card acquiring partner committed to long-term business support and ensuring always-on payment operations.

Key Points: 
  • These industries often face the challenge of finding a card acquiring partner committed to long-term business support and ensuring always-on payment operations.
  • View the full release here: https://www.businesswire.com/news/home/20240910125369/en/
    The Rapyd Payment Partner Programme supports Referral Agents, Consultants, ISOs, PayFacs and ISVs to meet clients’ needs across diverse industries, from online gaming and iGaming to eCommerce and financial services.
  • (Graphic: Business Wire)
    The Rapyd Payment Partner Programme addresses the specific needs of partners and merchants in high-opportunity industries.
  • Participants in the Rapyd Payment Partner Programme gain access to white-glove support, cutting-edge technology, and strategic marketing resources, all designed to help them thrive in today’s competitive landscape.

1Kosmos Mentioned as a Sample Vendor in Five 2024 Gartner® Hype Cycle™ Reports

Retrieved on: 
Tuesday, September 10, 2024

For service providers, identity wallets can enable new service models that require consented sharing of identity data.

Key Points: 
  • For service providers, identity wallets can enable new service models that require consented sharing of identity data.
  • Use cases can involve commercial and government entities for issuers and verifiers of credentials and attributes.
  • [2] Gartner, Hype Cycle for Web3 and Blockchain, 2024, authored by Adrian Leow, published 29 July 2024.
  • [3] Gartner, Hype Cycle for Privacy, 2024, authored by Bernard Woo and Stefan Dumitrescu, published 29 July 2024.