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California Bank Could Soon Bring Bitcoin to Its Customers

A community bank in California may be boarding the Bitcoin bandwagon. Suncrest Bank is in talks with regulators and financial technology companies to allow its customers to buy, hold and sell Bitcoin. Suncrest CEO Ciaran McMullan told the Sacramento Business Journal that the bank is acting on customer interest. Says McMullan, “The pandemic has had […]

The post California Bank Could Soon Bring Bitcoin to Its Customers appeared first on The Daily Hodl.

Banking-as-a-Service (BaaS) Empowers Any Brand to Offer Financial Services

Embedded finance opens new opportunities, but secure data exchange is essential Digital banking is not new – major banks began to offer internet banking...

Pandemic Spurred Identity Fraud; AI and Biometrics Are Responding 

By AI Trends Staff  Cyberattacks and identity fraud losses increased dramatically in 2020 as the pandemic made remote work the norm,...

Is Smart Data Fabric the Approach Financial Institutions Have Been Dreaming About?

This is a sponsored post in collaboration with InterSystems, Gold Sponsors of FinovateSpring, and Monica Summerville, head of capital markets, Celent, a division...

NYDIG Survey Shows That 46 Million Americans Hold Bitcoin

Getting the most out of your Bitcoin as market corrections loom
Getting the most out of your Bitcoin as market corrections loomA survey conducted by bitcoin financial services firm New York Digital Investment Group (NYDIG), revealed that about 46 million Americans have invested in bitcoin.  Americans are Interested in Bitcoin According to Newsweek on Tuesday (May 11, 2021), the NYDIG survey sampled 1,050 U.S. customers who earned a minimum income wage of $50,000 annually. The pool
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Financial Giant UBS Exploring Crypto Services for Wealthy Clients

Swiss banking giant UBS Group AG is exploring ways to offer wealthy clients the ability to invest in crypto assets. According to a Bloomberg report, UBS is in the early stages of allocating a small percentage of wealthy clients’ portfolios to crypto, joining a growing list of traditional banking institutions warming up to the space. […]

The post Financial Giant UBS Exploring Crypto Services for Wealthy Clients appeared first on The Daily Hodl.

U.S. Payment Technology Network CloudWalk Raises $190 Million Through Series B Led By Coatue

CloudWalk, a Brazil-based payment technology network, announced on Tuesday it raised $190 million through its Series B funding round, which was led by...

FinTech trends in 2021

For financial services institutions, much of what was road mapped for 2020 was ripped up or, at the very least, put on ice...

IBM and EY build centre of excellence to help FIs transition to the cloud

IBM and EY have joined forces to create a centre of excellence dedicated to helping financial institutions accelerate their digital transformations with...

FIS and NYDIG roll out mobile banking for Bitcoin via traditional bank accounts

Technology solutions provider FIS is set to roll out a mobile banking solution that enables banks to give their customers the ability to...

The ‘Cyber Attacks’ Winter is Coming — straight for small firms in India Inc.

Cyber intrusions and attacks have increased exponentially over the last decade approximately, exposing sensitive information pertaining to people and businesses, thus disrupting critical...

AI in KYC: What’s in Store for the Digital Insurer and Customer

Cyber intrusions and attacks have increased exponentially over the last decade approximately, exposing sensitive information pertaining to people and businesses, thus disrupting critical...

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