GroFin

Payments, Bitcoin and Crypto

PR Newswire | July 31, 2023

Optty, the world's first universal payments platform, today announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy Now Pay Later (BNPL) providers, this milestone marks the launch of Optty's sixth payment architecture, further expanding viable payment options for merchants and convenience for their end customers. &...

Payments, Fintech

PRnewswire | May 03, 2023

Today, Finix announced its launch as a payments processor. As a processor, Finix is directly connected to all major U.S. card networks—American Express, Discover, Mastercard, and Visa. This allows Finix to offer more businesses instant onboarding, innovative products, and streamlined payment operations. "From day one, Finix has built for the most complex customers and use cases and put all of that power behind simple APIs and an easy-to-use dashboard with low-code, no...

Core Banking

SMBC Group | August 25, 2022

Sumitomo Mitsui Financial Group, Inc. (SMFG, President and Group CEO Jun Ohta, together with subsidiaries SMBC Group) announced today that it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank™ will launch and operate as a new division of Manufacturers Bank, a California state-chartered bank that is a wholly-owned subsidiary of SMBC Group. Jenius Bank will launch in the coming months with personal loans and then expand its offe...

Investing.com | April 24, 2020

Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic. In a blog posting on the Bank's website, officials said the preliminary baseline scenario forecast a "grim" 2% drop in economic output in developing countries, the first contraction in these economies since 1960 and a sharp swing from average growth of 4.6% over the las...