Cross Insurance

Cision PR Newswire | September 08, 2020

Infinite Blue, a comprehensive low-code development platform and enterprise application company, announced a significant equity investment led by Foundry Capital to accelerate the growth and promote the Company's continued success. Infinite Blue's growing suite of enterprise applications focused on business continuity and enterprise resilience, including BC in the Cloud, VendorBolt and Turnstile, are the preferred choice of leading Fortune 500 companies and small and medium businesses al...

BITCOIN AND CRYPTO

Digital Currency Monetary Authority | June 27, 2022

A framework for expanded usage of cryptocurrencies and digital assets in banking and financial services has been introduced by the Digital Currency Monetary Authority (DCMA). Since 2013, the executive team of the DCMA has collaborated with governments and central banks on blockchain technology and cryptography related to digital currency. The European Commission, the United Nations, and the World Economic Forum have all highlighted their efforts. Meeting with the Pe...

INVESTMENT MANAGEMENT

Wells Fargo & Company | December 14, 2021

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will jointly use a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans to extend the platform to settle additional currencies in the near future. Utilizing blockchain technology, this solut...

Credit Sesame | June 19, 2020

Credit and loans company, Credit Sesame, has announced its acquisition of Canadian challenger bank, Stack. The two firms had been in partnership since the 2019 design of Sesame Cash, a no-fee digital banking service “to help consumers grow their cash and credit together” which launched in March. That service saw more than 200,000 sign up in less than a month, and demand “continues to surge”, according to Credit Sesame. All Stac...