At Block's first investor day since 2017, executives describe how crypto and music-streaming businesses make up an "ecosystem" beyond the original card reader. ...
A detailed study by the Asian Development Bank found that an increase in the fintech development level has a significant association with decrease in crime because fintech reduces cash holdings (and, rather interestingly, providing more job opportunities).
Block, Inc. (NYSE: SQ) and Afterpay Limited today announced the successful completion of the Scheme of Arrangement under which Block...
Banks are under significant pressure to modernize and one of their core providers is helping to drive that change; Jack...
Jack Henry & Associates banking division recently signed up their seventh community bank in as many months; the banks have contracted the company to use their Windows-based banking platform; Jack Briner, president and CEO California International Bank, tells Banking Technology: “When evaluating core providers, we could tell that Jack Henry & Associates would be the best partner for our bank. The advanced technology and forward momentum that Jack Henry Banking provides will give our bank the integrated and robust capabilities needed to get ahead.” Source.
Jack Henry announced today that Finicity, Akoya, and Plaid are among the first open banking pioneers to integrate to the Banno Digital Platform using the Banno Digital Toolkit.
Jack Henry, a provider of tech solutions and payment processing services for the financial services sector, integrates with Finicity, Akoya, and Plaid.
FnConn launched Chained Finance at LendIt USA 2017; the platform is built with blockchain technology and is intended to provide alternative loans for supply chain companies; Jack Lee, CEO of FnConn, says the platform has the potential to help improve supply chain finance in a number of ways specifically through greater cost efficiency from the use of blockchain; Chained Finance will be fueled through the support of FnConn's financial subsidiary Foxconn and P2P lender Dianrong. Source
Yunfeng Financial Group (Yunfeng FG) said it would be the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit; Yunfeng FG will hold 60% of MassMutual Asia and the rest will be owned by other investors such as Ant Financial, Singapore sovereign wealth fund GIC Private Ltd and China's internet giant Sina; the deal will add insurance products to Yunfeng's existing fintech-focused financial services. Source
Speaking on CNBC with Jim Cramer on Mad Money, Reses shared that Square is capitalizing on the lack of access...