Invitalia Ventures

Blockchain

ixFintech | December 22, 2021

IX Fintech Group Limited (ixFintech) is honoured to announce the successful integration of privacy identity authentication and post quantum computing security into ixWallet to safeguard users' identity against cybersecurity risk. In Q1 2022, the company also aims to launch ixPoint, the company's first-ever reward point scheme, as well as the first asset-backed TeaCoin. The new version of ixWallet comes with two new indexes: ixBitcoin and ixEthereum. These indexes in combin...

Payments, Fintech

Businesswire | April 11, 2023

CardX, a Stax company and the leading surcharging compliance platform, has launched Mastercard Click to Pay on Lightbox, CardX’s online payment form, to expand the product’s reach. With this partnership, Click to Pay is now available for all existing and new card-not-present merchants on CardX’s platform. Given the present economic uncertainty, managing costs and optimizing approval rates is critical. Click to Pay makes the payment process as frictionless as po...

Goldman | July 07, 2020

Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year. A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...

Financial Management

Standard Chartered | May 12, 2022

Standard Chartered (“Bank”) today announced the launch of its Sustainable Account. This new product, with the characteristics of a Demand Deposit Account, provides large corporates with the opportunity to contribute to sustainable development whilst maintaining daily access to their finances for their intraday liquidity management needs. Deposits in Sustainable Accounts are used to fund sustainable projects based on the Bank’s Green and Sustainable Product Framew...