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Credit Suisse Group and Dutch bank ING Groep NV today announced they successfully completed a €25 million ($30.48 million) securities lending transaction using blockchain-based software created by blockchain consortium R3.
Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. The Dutch company, which processes payments for Netflix Inc., and Spotify Technology SA, posted €192.5 million ($219 million) in net revenue for the six months ended December.
The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.
Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. Upstream Security wants to leverage the software market to protect vehicles from cyber-carjacking. No company wants to be the next one that happens to.”.
The company has been testing the waters with a limited offer of Fiat Chrysler Automobiles NV models in Italy and is now in talks to start sales in the U.K. is “very, very strong,” anytime newcomers show interest, “it’s enough to unsettle investors,” said Paul Richards, a London-based analyst at Numis Securities. to Alphabet, Inc.
Security software-maker Gemalto NV slumped after it announced a goodwill impairment charge of around 420 million euros ($489 million), leading to a brace of analyst downgrades.
The firm, which is a unit of Steinhoff International Holdings NV, had sought to restructure some of its debt. The announcement means that users can now use their Microsoft credentials to access the MasterPass app, which provides secure checkout at participating retail locations, without having to reenter information.
Beyond speakers and sessions on the subject financial crime prevention, IBM Think will showcase the latest in blockchain, data analytics, cloud, and artificial intelligence to help you modernize and secure your enterprise. IBM Think 2018 will be held in Las Vegas, NV from March 19-22. See you there!
Join us in Las Vegas, NV from March 19-22 – for more information and to register, please visit here. In these times, who doesn’t need to learn about blockchain? Just about no one. We can’t wait to see what is in store for the financial and banking industry at Think 2018.
The robust administrative backend also provides advanced workflow, security, integration, and analytics capabilities.” HQ: Reno, NV. Never before has this demographic been incentivized with Amazon gift cards, Redbox rentals, or Starbucks lattes just for keeping a payment plan. Product Launch: September 2015.
Headquartered in Las Vegas, NV. The currency transfer process runs completely and securely in the background and the sender, recipient, and back-end operational players only interact with Money Amigo’s simple user interface, unaware they are using digital currency. Facts: $300,000 raised. 7 employees.
The LTP team has been actively following the investment activities in FinTech around the world for the last three months (January, February & March) and it’s time to sum up.
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