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FINTECH

FUTURE FINTECH AND CHINA FOUNDATION OF CONSUMER PROTECTION BEGINS TRIAL OPERATION OF BLOCKCHAIN TECHNOLOGY SYSTEM

Future FinTech | March 28, 2022

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Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that its wholly-owned subsidiary Cloud Chain Network and Technology (Tianjin) Co., Ltd. ("Cloud Chain Network", formerly known as Chain Cloud Mall Network and Technology (Tianjin) Co., Limited) and the Anti-Counterfeiting Committee of the China F...

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ALACRITI ANNOUNCES CLOUD-NATIVE END-TO-END SOLUTION FOR FASTER PAYMENT EXPERIENCES

Business Wire | October 23, 2020

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Alacriti, a fintech company specializing in payments today announced its Cosmos for RTP solution, powered by the Orbipay Platform. Cosmos for RTP enables banks and credit unions to quickly and seamlessly connect to The Clearing House’s RTP® network and deliver innovative real-time payment services to their customers. Alacriti’s solution allows financial institutions to rapidly leverage the power and convenience of RTP to drive new revenue without the burden of significant infrast...

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DOW PLUNGES 10% WITH STIMULUS DETAILS UNCERTAIN: MARKETS WRAP

Investing.Com | March 18, 2020

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Financial markets spasmed, sending U.S. stocks down to December 2018 levels and Bloomberg’s dollar index to a record, as the economic fallout from the pandemic outpaced the massive response from governments and central banks. The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, dro...

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PAYMENTS

GOLDFINCH PARTNERS AND BAUPOST CLOSES ACQUISITION OF WESTERN UNION BUSINESS SOLUTIONS FOR $910 MILLION

Goldfinch | March 02, 2022

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Goldfinch Partners LLC and The Baupost Group, LLC announce their milestone achievement by closing the Western Union Business Solutions (WUBS) acquisition for $910 million. WUBS will be renamed Convera as a new standalone B2B global payments company. In 2021, it registered beyond 20 percent revenue gain and payments volume of $170 billion. Patrick Gauthier will be serving as Convera’s CEO. About this news, Mr. Gauthier shared his words. He says, “At Convera, our purpose...

Read More
news image

FINTECH

FUTURE FINTECH AND CHINA FOUNDATION OF CONSUMER PROTECTION BEGINS TRIAL OPERATION OF BLOCKCHAIN TECHNOLOGY SYSTEM

Future FinTech | March 28, 2022

Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that its wholly-owned subsidiary Cloud Chain Network and Technology (Tianjin) Co., Ltd. ("Cloud Chain Network", formerly known as Chain Cloud Mall Network and Technology (Tianjin) Co., Limited) and the Anti-Counterfeiting Committee of the China F...

Read More
news image

ALACRITI ANNOUNCES CLOUD-NATIVE END-TO-END SOLUTION FOR FASTER PAYMENT EXPERIENCES

Business Wire | October 23, 2020

Alacriti, a fintech company specializing in payments today announced its Cosmos for RTP solution, powered by the Orbipay Platform. Cosmos for RTP enables banks and credit unions to quickly and seamlessly connect to The Clearing House’s RTP® network and deliver innovative real-time payment services to their customers. Alacriti’s solution allows financial institutions to rapidly leverage the power and convenience of RTP to drive new revenue without the burden of significant infrast...

Read More
news image

DOW PLUNGES 10% WITH STIMULUS DETAILS UNCERTAIN: MARKETS WRAP

Investing.Com | March 18, 2020

Financial markets spasmed, sending U.S. stocks down to December 2018 levels and Bloomberg’s dollar index to a record, as the economic fallout from the pandemic outpaced the massive response from governments and central banks. The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, dro...

Read More
news image

PAYMENTS

GOLDFINCH PARTNERS AND BAUPOST CLOSES ACQUISITION OF WESTERN UNION BUSINESS SOLUTIONS FOR $910 MILLION

Goldfinch | March 02, 2022

Goldfinch Partners LLC and The Baupost Group, LLC announce their milestone achievement by closing the Western Union Business Solutions (WUBS) acquisition for $910 million. WUBS will be renamed Convera as a new standalone B2B global payments company. In 2021, it registered beyond 20 percent revenue gain and payments volume of $170 billion. Patrick Gauthier will be serving as Convera’s CEO. About this news, Mr. Gauthier shared his words. He says, “At Convera, our purpose...

Read More