Fund houses are pushing wealth managers in Asia to digitize product sales and information flows.

The post Asset managers digitizing distribution: BNY Mellon appeared first on Digital Finance.

NEW YORK / SAN SALVADOR - February 2, 2022 - Chivo, the world's first national crypto wallet, is now operating with AlphaPoint white label infrastructure. AlphaPoint, which provides fast, scalable financial technology to institutions globally, is helping El Salvador to offer financial services and access to Bitcoin for millions of Salvadorans actively using the wallet.

In September, El Salvador became the first country to adopt Bitcoin as a legal tender, as the government launched the Chivo wallet to facilitate Bitcoin transactions in the country. The government deposited $30 in Bitcoin in every El Salvadorans' Chivo wallet as ‘seed money' to propel Bitcoin transactions.

With every McDonalds, Starbucks, Walmart, Airport and Government office in the country already accepting Bitcoin with Chivo, the project has aspirations in the next year to simplify payment of home utilities, taxes, and many other daily transactions in Bitcoin as well. Chivo is also in the process of deploying hundreds of Bitcoin ATMs around the country to more readily serve the Salvadoran population.

AlphaPoint supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem including the mobile application, mobile point-of-sale processing, merchant website portal, call-center support software, and administrative console. Their build focuses heavily on wallet stability and uptime, scalability, and social impact, while also integrating user verification services leveraging machine-learning facial recognition and authentication tools. AlphaPoint also improved the Lightning integration for nearly instantaneous low-fee Bitcoin transactions via QR and Lightning addresses.

Chivo is the largest fintech application in the country and is providing infrastructure to bring the 70 percent unbanked population of the country into the financial ecosystem. The AlphaPoint-powered wallet facilitated millions of transactions last month alone, with more businesses enabling transactions every day. The wallet is free to use for all Salvadorans, with zero commissions.

“El Salvador and President Bukele are truly leading globally with this first major experiment in Bitcoin adoption at a country-wide level,” Igor Telyatnikov, Co-founder and CEO of AlphaPoint said, “No one else has attempted to execute a project of this size. We at AlphaPoint are honored to be involved in the process and provide the scalable and reliable solutions needed for this massive undertaking. The Chivo application is currently supporting millions of Salvadorans, many for their first time accessing financial services.”

AlphaPoint was the first white label marketplace provider in the cryptocurrency industry and has been a trusted solution for large-scale institutional-grade exchange infrastructure for more than eight years. It is considered a foundational member of the industry with focused priorities in scalability, security, and flexibility to serve clients around the world.

About AlphaPoint 
AlphaPoint is a white-label marketplace software company powering digital asset exchanges worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate digital asset markets, as well as to digitize assets. AlphaPoint and its award-winning blockchain technology have helped startups and institutions discover and execute their blockchain strategies since 2013.

Media Contact: AlphaPoint, patrick.shields@alphapoint.com
Media Contact: Transform Group, alphapoint@transformgroup.com
Sales contact: sales@alphapoint.com

Modern banking experiences provider Amount has acquired SMB loan and account origination platform Linear Financial Technologies for $175 million. Founded last February, Linear offers financial services organizations a set of tools to help create a smooth customer experience. The Virginia-based startup provides a digital originations and servicing platform for credit cards, loans, and deposit accounts Read more...

The post BNPL Player Amount Acquires Linear Financial Technologies appeared first on Finovate.

Historically, Database Management systems (DBMS) were simple software programs and associated hardware that allowed users to access data from different geographical locations. The system offers its users the ability to store data without concerns about structural changes, or the data’s physical location. Additionally, a Database Management system (DBMS) can set restrictions on the data being […]

The post Database Management Trends in 2022 appeared first on DATAVERSITY.

SEATTLE–(BUSINESS WIRE)–#CloudMoyoProud—CloudMoyo announced today that it has been named the Partner of the Year FORTE Values in the 2021 Icertis Partner of the Year Awards. Icertis, the contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management (CLM), recognized CloudMoyo at the company’s global Partner Summit, held virtually on January 20, […]

The post CloudMoyo Honored With Partner of the Year – FORTE Values in the First Annual Icertis Partner of the Year Awards appeared first on Fintech News.

Stratton Equities will underwrite loans upfront and reduce the loan origination processing times using Lendsmart’s AI underwriting platform. NEW YORK–(BUSINESS WIRE)–#banking–Please replace the release dated January 24, 2022 with the following corrected version due to multiple revisions. The updated release reads: STRATTON EQUITIES ANNOUNCES PARTNERSHIP WITH LENDSMART TO EXPEDITE ITS UNDERWRITING PROCESS Stratton Equities will […]

The post CORRECTING and REPLACING Stratton Equities Announces Partnership with Lendsmart to Expedite its Underwriting Process appeared first on Fintech News.

Rather than dipping its toe back into the fundraising waters, it’s fair to say GSV Ventures dived in with both feet, launching not one, but two new funds just a few months apart. That confidence was inevitably boosted by the roaring success of edtech, GSV’s core specialism, throughout the pandemic – but how are things looking in the sector as things return towards normality? Managing partner Deborah Quazzo shared with AltAssets why she is optimistic that the pandemic boom will remain. 

The post Here’s why edtech investing’s pandemic boom can continue post-Covid first appeared on AltAssets Private Equity News.

DUBAI / KUALA LUMPUR, Jan 21, 2022 - (ACN Newswire) - Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr. Haisam Jamal, CEO of Distichain. The event took place at the Address Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.
The aim of the MoU is to create the first digital ASEAN B2B cross-border trade platform to facilitate a potential of RM 50 Billion Malaysian trade internationally with seamless digital transactions over the next 5 to 10 years. The collaboration between Distichain and Verofax Asia will offer a platform that delivers Digital B2B marketplaces as a service (MAAS) to enterprises by offering full marketplaces or through API integration.

Using blockchain and AI as core technologies, the platform digitizes global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. The solution enables suppliers to readily plug their catalogs, update product data, manage routes and orders, verify documentation and access aggregate financing and logistics all in one place. This unique platform that simplifies, secures, and empowers every participant in a trade.

"The signing of this MoU is an important step for Distichain's ambition to continue the further development and expansion of its solution. We are especially pleased to be taking this step alongside our partner Verofax Asia, and impact the ASEAN trading industry with rapid digital transformation through our one-day marketplace activation approach," said Mr Haisam Jamal.

Captain Koh added, "This platform will instantly digitalize the entire export and import process in governmental, non-governmental enterprises as well as SMEs. It will generate low-cost opportunity to digitize processes, introduce trade finance and automate supply-chain across all industries, accelerating economic growth in Malaysia and the ASEAN region. Through this partnership agreement signed today, we will further develop our technologies to meet the ongoing digitalization of international trade. Verofax Asia will have a massive impact on the performances of exports and imports with rapid digitalization, all the while building a resilient digital infrastructure and foster innovation for the recently signed Regional Comprehensive Economic Participation (RCEP) Trade Agreement, which came into effect on 1st January 2022."

About Verofax:
Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide 'Traceability as a Service', enabling brands to turn their offline products interactive, and manage their entire supply chain to trace goods, fend off counterfeit activities, and improve manufacturers' productivity. Brands can extend their reach directly to end-consumers, thereby increasing consumer intimacy with direct engagement, and leveraging the boom in NFTs and metaverse experiences. Visit: www.verofax.com, or Email: info@verofax.com.

About Distichain:
Distichain delivers B2B marketplaces as a service (MAAS) to customers using blockchain and AI, digitizing global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. SMEs and enterprises alike benefit from automated transactions governed by the system to deliver door-to-door border agnostic trading, with on-platform trade compliance present rules. Using smart contracts, Distichain ensures the highest levels of data privacy, and by connecting to innovative solutions within Fintech and Supply Chain, it facilitates transactions backed by instant trade finance with zero email trading. Distichain's objectives are to simplify cross-border trading, secure end-to-end transactions, and empower decision-makers with real-time AI analytics. Visit: www.distichain.com, or Email: info@distichain.com.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAn MoU was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr.Haisam Jamal, CEO of Distichain. The event took place in the Address Hotel Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.

-- AlphaPoint (https://alphapoint.com/), a white label crypto marketplace software company enabling global access to cryptocurrencies and digital assets, is expanding their team. By onboarding key hires into critical roles, targeting personnel with diverse backgrounds in fintech and capital markets, AlphaPoint looks to meet the rapidly evolving demands of the cryptocurrency industry. In a year where personnel doubled, notable senior hires added to the team include Matthew Moss as Director of Product, Sabine Wisnioski as Director of People, and Tristan Thomas as Product Manager - Government Applications.

As AlphaPoint's new Director of Product, former Liquidnet and DTCC product director Matthew Moss will drive development across the product suite, ensuring customers are able to meet unique market needs. Prior to AlphaPoint, Matt held a wide variety of roles across more than 20 years of experience in traditional financial services: Technical Writer, C++ Engineer, Algo Trading Development Lead, Business Analyst, Technology/Product Division Head, and Product Manager. He joined Liquidnet, the electronic trading venue catering to institutional investors, in its early startup days back in 2002, attending Columbia University to learn C++ and Java programming. He left Liquidnet after 17 years and joined DTCC's ITP business unit (formerly Omgeo) as Product Management Director in Digital Strategy & Platform Management. "I couldn't be more excited to join AlphaPoint and contribute to their mission of providing innovative products and leadership in the fast-growing digital asset ecosystem," said Matthew Moss. 

Sabine Wisnioski, AlphaPoint's new Director of People, delivers a uniquely global perspective to the company. Having grown up in Singapore and studied Chinese and Japanese Language and Literature in Seattle at the University of Washington, Sabine started her career at Google in recruiting. She then moved onto Barclays Investment Bank supporting the FX Settlements office, Japan desk, and soon after completed a Masters of Science in Knowledge Management at Nanyang Technological University in Singapore. Her first professional exposure to crypto was in 2018, as she helped her firm launch a new cryptocurrency entity – Binfinity – based in Barcelona, Spain. Currently operating out of Tokyo, Sabine specializes in global talent acquisition and as a stand-alone HR Business Partner for tech startups covering APAC and other regions. “It is such an exciting time to join AlphaPoint right now! As we scale our product offering and global services across regions and additional countries, we need to follow through with developing existing talent, diversifying and streamlining our internal processes while understanding what hiring exceptional talent actually means to us at AlphaPoint in order for our teams to help carry AlphaPoint forward with the highest form of engagement possible,” said Sabine Wisnioski, Director of People.

Tristan Thomas, AlphaPoint's Product Manager - Government Applications, has a wealth of experience leading product innovation and strategic solutions for corporations, governments, and startups implementing blockchain and advanced tech solutions. Working throughout US, Europe, Asia and Africa, he has led strategic executive blockchain consulting for Salesforce, GE, SwissRe and Hyperloop, as well as with startup innovators in industries including Asset Management, Supply Chain, IOT, Biotech, Transportation, Gaming, Sports, Real Estate, and Trading. With a background in organizational psychology and IT systems management, Tristan specializes in assessing, developing and implementing new business models that leverage transformative technology.

With a wide array of international placements from different nationalities in 2021, Danielle Humphreys, Operations Associate based in Spain, anticipates further global expansion in 2022, “AlphaPoint has undergone exponential growth in Q4 2021 with many new employees coming in to support the US and APAC teams, along with our newly dedicated Chivo team in El Salvador,” said Danielle. “In Q1 2022, we are actively recruiting across various functions and expertise including the Development Team and People Team, with the goal of doubling company size again by the end of Q4 2022. AlphaPoint currently has 22 remote positions open to candidates across the globe. In the People Team specifically, it is important to transcend geographical hiring boundaries as it enables us to obtain world-class talent who contribute a diverse mix of different cultures and experiences to our company. Come join us!”

About AlphaPoint

AlphaPoint is a white label software company powering crypto exchanges worldwide. Through our secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate crypto markets, as well as digitize assets. AlphaPoint and its award winning blockchain technology have helped startups and institutions discover and execute their blockchain strategies since 2013. Learn more at AlphaPoint.com

Media Contact: AlphaPoint, patrick.shields@alphapoint.com

Wikisoft Corp. (OTCQB:WSFT), a big data and business analytics company, today announced plans to digitize startup funding and accelerate matching startups with investors. Once a...

Cloud tagging, the process of labeling cloud assets by certain attributes or operational values, can unlock behavioral insights to optimize and automate cyber asset management at scale.

We’re pleased to inform you that Lexis Nexis has introduced new legal issue analysis for PTAB ex parte decisions in LexisNexis PatentAdvisor. For further details, please see their announcement below: LexisNexis introduces new legal issue analysis for PTAB ex parte decisions in LexisNexis PatentAdvisor, enabling search issue-tagged decisions and locating effective arguments at every interaction with the USPTO. LexisNexis Legal & Professional today announced the launch of PTAB Decisions, an enhancement to the market-leading patent prosecution analytics tool LexisNexis PatentAdvisor....