Bitcoin and Crypto

Okcoin to Promote Women into Crypto with its $1M Initiative

Okcoin has announced that it will promote its grand program for bringing more women into crypto: Bitcoin for Fairness and Ladies in Bitcoins. Okcoin has outlined cryptocurrency as more inclusive for building, learning, and connecting. It will span blockchain development, education, career mentorship, and more. As a part of this initiative, Okcoin has also partnered with Emmy-winning journalist Natalie Brunell host of the top-ranking "Coin Stories" podcast, and Randi Zuckerberg, inaugural brand advisor of the company.

As more than 40% of Okcoin's customers are female, it wants to lessen the gender gap that outweighs traditional investments such as mutual funds, stocks, and bonds. Therefore, to address this, Okcoin has recently set a goal of having a 50% female customer base by 2025. In addition, it has allocated $1 million in terms of diversity-oriented grants.

Web3 is still young enough for women to get involved at the ground level and lead the next generation of innovation, which will be defined by digital assets, decentralized finance, and NFTs. We're excited to support Bitcoin for Fairness and Ladies in Bitcoin in making this possible. Crypto adoption may be lower among women right now, but with education, career resources, and community support, we can change this."

Hong Fang, CEO of Okcoin.

Okcoin also mentions that members of underrepresented populations can apply at to support crypto-oriented work. Up until now, Okcoin has granted over $1 million to Bitcoin Core developers, who volunteer to build Bitcoin blockchain for anyone.


Experts predict record sales for US brands and retailers this holiday season. Unfortunately, with return rates at an all-time high and supply chain breakdowns fresh in our memory, it's hard to forecast just how much stock to produce or buy—and your business may well find itself with a surplus of unsold and returned merchandise a


Experts predict record sales for US brands and retailers this holiday season. Unfortunately, with return rates at an all-time high and supply chain breakdowns fresh in our memory, it's hard to forecast just how much stock to produce or buy—and your business may well find itself with a surplus of unsold and returned merchandise a

Related News


Lloyds Bank Expedites Strategic Payments Alliance with FreedomPay

Lloyds Banking Group | October 13, 2023

Lloyds Bank Cardnet has chosen a prominent technology firm to offer its customers a rapid, effective, and secure payment solution. Christopher Kronenthal highlights how the partnership with Lloyds Bank is elevating the UK merchant customer experience with leading capabilities, innovation, and more. Lloyds Bank Cardnet's patented technology offers versatile global payment processing across industries and service providers. Lloyds Bank, part of Lloyds Banking Group, announced that it has accelerated its strategic partnership with FreedomPay, a prominent consumer-centric commerce platform. The partnership grants merchants utilizing Lloyds Bank Cardnet access to the advanced payment processing capabilities provided by FreedomPay. Lloyds Bank Cardnet is pivotal in the UK payments ecosystem, with 21 million digitally active customers and significant monthly processing volumes. It is a well-known entity in the UK payments industry, serving key sectors such as retail, hospitality, education, healthcare, and financial services. The bank is committed to reinvigorating, streamlining, and elevating the merchant journey, and this partnership is a significant step toward that commitment. Melinda Roylett, Managing Director of Lloyds Bank Merchant Services, expressed that the renewed strategic partnership with FreedomPay will empower them to maintain the provision of best-in-class payment solutions to their clients. She stated that the company eagerly anticipates the opportunity to enhance the service it presently offers clients, contributing additional value to support their business growth. FreedomPay Commerce Platform, which operates on a unified technology stack, upholds world-class security standards and is a leading company in North America to receive PCI Security Standards Council validation for point-to-point encryption. Its comprehensive solutions encompass payments, security, identity, and data analytics, accessible in-store, online, and on mobile platforms, with seamless API integration. Christopher Kronenthal, President of FreedomPay, said, "Together with Lloyds Bank, we are redefining the customer experience for UK merchants by blending loyalty, security, and value-added services.” [Source – Globe Newswire] Additionally, he stated that Lloyds Bank's Cardnet service, through the FreedomPay platform, provides merchants with market-leading capabilities, options, and innovative solutions. This move aligns with the bank's ongoing growth strategy, which offers clients access to a comprehensive range of swift, efficient, and highly secure payment solutions. The fully integrated, patented technology affords Lloyds Bank Cardnet customers the versatility to process payments internationally, across various industries, at different points of sale, and through various merchant service providers. FreedomPay has designed its technology to consistently excel in the intricate realm of international commerce. Its award-winning Commerce Platform works across continents, enabling global enterprises to deliver Next Level experience.

Read More

Core Banking

Fiserv Accelerates Collaboration Among Financial Institutions and Fintechs with Streamlined Access to Core Platform APIs

Business Wire | October 26, 2023

Fiserv, Inc. a leading global provider of payments and financial services technology solutions, announced that it has streamlined access to its core banking APIs to accelerate innovation across the industry. Third-party developers now have instant access to collaborative workspaces through Banking Hub, a single location to access Fiserv banking APIs within its Developer Studio. Over 500 developers from fintechs, payfacs, merchants, major brands and system integrators already have begun using a workspace to co-develop unique use cases. “Instant self-service integration tools address developers’ need to efficiently test live banking APIs and streamline the path to bring next-generation banking solutions to market,” said Tom Eck, senior vice president of Digital Technology at Fiserv. “This launch is part of our broader strategy to make it faster and easier for financial institutions, fintechs and merchants to connect with each other and work together to launch unique initiatives that enhance customer relationships and expand revenue opportunities.” Banking Hub accelerates and streamlines the path for fintechs to build, test, certify and deploy pre-integrated apps in AppMarket, a marketplace for Fiserv financial institution clients to access third-party innovations, or to embed a range of financial services into their customer experience. Banking Hub provides development teams an organized space to collaborate and manage projects with multiple workflows. Developers can explore how Fiserv core banking APIs can support banking as-a-service (BaaS), allowing them to launch new digital experiences and expanding financial institution access to a broad range of third-party fintech solutions. said Ryan Canin, CEO of DocFox. As a fintech founder, I’m impressed with the way Fiserv continues to evolve their business to embrace collaboration that drives the financial services industry forward. By streamlining the way fintechs like DocFox connect with their solutions, Fiserv is creating opportunities for consumers and small businesses to access new experiences and innovative capabilities through their financial institutions. [Source:Business Wire] Fiserv designed Banking Hub workspaces to deliver a self-service experience. With quick start guides and comprehensive documentation, code samples and videos, developers can now build and validate a proof of concept at speed, which gives them an advantage in a fast-moving market. In a few clicks, a developer can create an account, add a workspace, and be issued an instant API key to start working with Fiserv core banking APIs. Trial accounts are currently available at no charge, and developers can upgrade to a dedicated workspace. Subscriptions to a dedicated workspace give fintechs everything needed to bring their project to production. Fiserv has published the workspace environment for Finxact, a next-gen innovation platform designed for the business of banking, fintech and embedded finance. Development environments are also available for Premier®, the most widely used core banking platform in the U.S., and Signature®, a customizable platform used by many regional and larger financial institutions. A workspace for DNA® will be available in 2024, and workspaces for additional Fiserv core platforms will continue to be made available at a rapid clip. “Financial institutions are pressed to grow their portfolio through tailored services, accelerate speed to market and appeal to younger generations,” said Niranjan Ramaswamy, vice president of Open Finance & Banking Hub at Fiserv. “Pre-integrated fintech solutions can help address these challenges by allowing financial institutions to cost effectively address targeted strategies and growth opportunities. With compelling new capabilities in gig economy banking and small and mid-size business lending, for example, financial institutions can expand customer relationships while growing deposits.” In a world moving faster than ever before, Fiserv helps clients deliver solutions in step with the way people live and work today – financial services at the speed of life.

Read More

Security and Compliance

Jack Henry Launches Next-Generation Financial Crimes Platform

PR Newswire | October 18, 2023

Jack Henry™ (Nasdaq: JKHY) announced today that it is redefining fraud prevention with the initial roll out of Jack Henry Financial Crimes Defender™, a cloud-native fraud and anti-money laundering (AML) solution designed with real-time capabilities at the forefront. This new solution allows community and regional financial institutions to proactively combat financial crimes across channels. Financial Crimes Defender is part of Jack Henry's technology modernization strategy, focused on delivering cloud-native solutions that help banks and credit unions innovate faster, differentiate strategically, and meet the evolving needs of their accountholders. The platform is built on the public cloud, allowing for real-time data, more accurate reporting, open integrations, speed, and agility. New York-based Carver Federal Savings Bank is among the first financial institutions to implement the solution. "Jack Henry's Financial Crimes Defender positions us well against the rising threat of fraud; it allows us to offer a secure and smooth banking experience for our customers," said Patrick Brennan, VP of information technology at the bank. "It's seamless integration, user-friendly design and real-time, AI-powered fraud detection will help us operate more efficiently and improve our fraud detection rate to keep our customers and their money safe. Our staff can now make faster and smarter decisions and better combat financial crimes and minimize risk." Financial Crimes Defender provides real-time detection and prevention of fraud involving checks, deposits, transfers, ACH transactions, and instant payments. Financial institutions can stop transactions before they leave the institution or appear in the clients' accounts. Plus, its open architecture allows for the seamless integration of third-party data into the platform, improving overall fraud management for financial institutions across all relationships. This AI-powered solution bundles fraud and AML solutions to help financial institutions of all sizes make faster and more informed risk decisions, minimize false positives and wasted resources, improve operational efficiency, and ensure more effective fraud monitoring and reporting for Bank Secrecy Act (BSA) compliance. Moreover, its real-time data and behavioral analytics enables secure transactions and enhanced trust. In order to fight fraud with more data, financial institutions can access a central repository of fraudulent activity using the Federal Reserve's FraudClassifier, built natively into the solution. FraudClassifier addresses the industry-wide challenge of inconsistent classifications for fraud involving ACH, wire, or check payments. Fighting fraud with real-time data is the equivalent of catching an intruder at the front door, before they get into the house, says Matt Riley, president of Complementary Solutions at Jack Henry. Financial Crimes Defender lets financial institutions detect and prevent fraud at first sight, ensuring assets and information remain within the institution. This is a game-changer for community banks and credit unions.

Read More