Home > News > Trending news > A New Partnership: Kasta and Ralph Boschungto Bring Formula Racing and Digital Currencies Together

Investments

A New Partnership: Kasta and Ralph Boschungto Bring Formula Racing and Digital Currencies Together

Kasta | February 21, 2022

A_New_Partnership
Kasta and Ralph Boschung announced bringing the brand to formula racing as part of the company's scaleup strategy. Kasta is the next-generation Peer-to-peer (P2P) payment platform, and Ralph is a member of the Campos Racing team and winner of the GP3 Series. In addition, Ralph is a big supporter of crypto adoption and an early believer in the Kasta team.

Kasta is building an app for users to make it easier for users to make crypto payments in their daily lives. The application is likely to launch in the second quarter of this year. The project is going to promote the mass adoption of cryptocurrencies. The adoption would occur, simplifying sending and receiving assets—the $Kasta token powers the Kasta Ecosystem.

On this, Ralph Boschung F2 Driver says, "I'm thrilled to admit Kasta as a sponsor for my Formula 2 world championship season in 2022. Formula 2 is about speed, innovation, and technology; I genuinely believe that Kasta and Formula 2 merges on this aspect and make the partnership very fruitful.

When Kasta CEO Carl Roegind first approached about the fantastic partnership, he rejected the offer in FIAT as he couldn’t justify the expense. But, later, he was pleasingly surprised when he accepted the offer.

F2 has a global community and is the perfect event for us to be involved with. It exposes Kasta to a large audience worldwide that values technology and performance. The opportunity also means our team will be on the ground at races this year, showing off and onboarding users; the exposure will be amazing. More to Ralph, I have known him for some time, and he will be a great ambassador for the brand. I wish him well on track this year, and I am sure the whole team will join me in cheering him on every race."

Carl Roegind Kasta CEO

According to the partnership, the Kasta team will be attending Formula 2 and Formula 1 racing events to present the Kasta app and onboard fans this year. F2 is a fantastic sport for Kasta. It can align itself with the growing worldwide crypto community. Kasta branding will be showcased on the cars driven by Ralph Boschung the entire year. It will help Kasta advance its momentum and popularity in the future.
The team at Kasta is excited about the sponsorship. The deal was enabled by Carl Roegind, who is working thoroughly to execute a smooth operation for all parties and individuals involved.

Spotlight

Artificial intelligence and tax: What firms need to know?

Artificial intelligence (AI) is changing the way we live and work, and the tax profession is no exception. For years, there’s been talk about AI and how this disruptive technology will reshape the future. And in some respects, that future is here. Consider, for example, self-driving cars, facial recognition tools, and digital as


Other News
Core Banking

Sagent and Central Bank Extends Partnership to Offer Scalable Mortgage

Sagent | September 18, 2023

Sagent, a prominent fintech software company specializing in modernizing mortgage servicing for banks and lenders, has announced an extension of its partnership with The Central Trust Bank (Central Bank). Backed by Warburg Pincus, Sagent's mission is to facilitate the transformation of mortgage servicing operations through scalable fintech solutions. This six-year extension signifies their commitment to empowering the Central Bank with cutting-edge technology, ensuring efficient operations, enhancing the customer experience, and addressing the ever-evolving demands of the mortgage industry. Central Bank's decision to extend its partnership with Sagent underscores the value of Sagent's cloud-based LoanServ system. This system is the cornerstone of Central Bank's mortgage servicing operations, offering agile and highly configurable technology that automates intricate, high-volume tasks and workflows. By leveraging Sagent's fintech solutions, Central Bank aims to deliver an exceptional customer experience while remaining adaptable to the dynamic landscape of customer needs and regulatory requirements. This extension solidifies the role of technology in driving Central Bank's growth and competitiveness within the mortgage servicing sector. Steve Komaromi, COO of Loan Servicing at Central Bank, commented, Central Bank remains committed to its strong community roots while embracing growth opportunities through partnerships with industry leaders like Sagent to power ultra-personalized, full-service banking that helps us engage, care for, and retain our customers through every step of the homeownership journey. [Source –Business Wire] Central Bank's mortgage servicing technology from Sagent improved operational efficiency, kept them at the forefront of fintech innovation and met customers' expectations for a mobile-friendly banking experience. Steve also expressed Central Bank's enthusiasm for this extended partnership, highlighting the opportunity to expand their servicing customer base and accelerate innovation to serve their customers better. Central Bank, rooted in community-first principles since its inception in 1902, has left an indelible mark across over 140 locations in the Midwest. With a century of service-driven banking, it has consistently earned accolades such as 'Best Customer Service Bank' by Newsweek and recognition in Forbes' prestigious list of 'America's Best Banks.' Sagent has over $2 trillion in outstanding mortgage balances on its platforms and is the only enterprise, default, and consumer mortgage servicing platform synchronized with real-time data in the industry. About Sagent Sagent is the driving force behind America's foremost bank and nonbank lenders, revolutionizing the homeownership experience for millions of borrowers. The company's mission is to empower enterprises and banks that help engage, nurture, retain, and modernize relationships with borrowers. Its flexible, scalable, and highly configurable solutions enable users to engage borrowers and cultivate loyalty effectively. In addition, Sagent's solutions help reduce servicing costs, ensuring compliance and amplifying the value of servicing rights throughout the entire spectrum of market cycles.

Read More

Wealth Management

CapIntel Introduces OMNI, a Comprehensive Digital Wealth Solution

CapIntel | September 07, 2023

CapIntel has introduced a comprehensive digital wealth management platform called OMNI. This platform's capacity to provide a complete, all-encompassing perspective on their investments makes it easier for financial advisors to offer comprehensive guidance to their clients. OMNI has been created to empower financial advisors, augmenting their client rapport. It is an interactive, user-friendly presentation generation tool that seamlessly incorporates compliance measures and secure sharing protocols. This integration facilitates the simplification of financial discussions, thereby fostering improved decision-making processes for advisors and investors. James Rockwood, Founder and CEO of CapIntel, said, With an ongoing commitment to advancing technology in the financial industry, OMNI sets the stage for a transformational shift in advisor-client and advisor-asset manager conversations. By providing advisors with a comprehensive and interactive presentation tool, OMNI aims to elevate the value proposition of advisors and create an impeccable digital experience for clients. [Source: Cision PR Newswire] He believes the introduction of OMNI would further strengthen the bond between advisors and their clients, ultimately improving their financial outcomes. He emphasized that this release marked a significant milestone in CapIntel's vision to reshape the financial industry and assist advisors in their digital transformation endeavors. The CapIntel platform is centered around creating contemporary, easily accessible, trustworthy, enlightening, and personalized financial presentations. These presentations serve a dual purpose - enabling advisors to demonstrate the significance of human relationships and expertise while enhancing their comprehension of financial objectives and their attainability for retail investors. The forthcoming launch of OMNI represents an occasion for North American advisors to encounter this pioneering platform's capabilities and possibilities directly. About CapIntel CapIntel enhances the overall experience of wealth management professionals and investors through its user-friendly, web-based applications. At the core of the company's mission is elevating personal finance, with a significant focus on nurturing wealth growth through strategic investments while fostering meaningful dialogues between advisors and their clients. CapIntel's platform empowers financial experts to provide transparent, data-driven, and personalized information to their clients, enabling them to gain a deeper understanding of their investment portfolios and find reassurance in the security of their financial futures.

Read More

Payments

Treasury Prime and Astra Unify to Provide Real-Time Payment Solutions

Treasury Prime | September 20, 2023

Treasury Prime, a leading provider of state-of-the-art embedded banking software solutions, has formally introduced a strategic collaboration with Astra, a tech company renowned for its expertise in pioneering instant payment solutions. This partnership signifies a significant step forward in modern financial technology. Mark Vermeersch, Chief Platform Officer at Treasury Prime, expressed that Astra's transfer technology offers remarkable speed, efficiency, and accessibility. When combined with an embedded finance marketplace, it has the potential to revolutionize transaction processes for businesses and end-users, thereby shaping a more interconnected and dynamic financial sphere. By harnessing Astra's cutting-edge technology, Treasury Prime's customer base gains access to instant account funding and swift disbursement options via the push-to-card feature. This enhancement marks a significant stride in streamlining payment processes, promising increased efficiency and effectiveness for financial institutions and corporate entities. Gil Akos, Co-Founder and CEO of Astra expressed enthusiasm about the partnership with Treasury Prime. He emphasized the significance of instant payment technology in revolutionizing financial transactions by providing expedited access to funds while ensuring elevated efficiency, security, and convenience levels. He anticipates that this collaboration will empower businesses to harness the potential of instant transactions, fueling growth, improving customer experiences, and promoting financial inclusion. These recent partnerships with Sardine and Checkout.com signify Treasury Prime's commitment to forging strategic alliances, further solidifying its position as a leader in the industry. Additionally, the introduction of OneKey Banking, a pioneering multi-bank solution, and the successful closure of a $40 million Series C funding round earlier this year have underscored the company's dedication to innovation and growth within the financial technology sector. About Treasury Prime Treasury Prime offers comprehensive, sophisticated services, including money transfer, risk management, and access to a chartered bank's infrastructure. It collaborates with forward-thinking financial institutions to foster responsible innovation and expand access to banking products and services across diverse population segments. The company's excellence has been recognized through awards such as the Best Banking-as-a-Service Platform in the Tearsheet Embedded Awards for 2021 and 2022 and its inclusion in CB Insights' prestigious 2021 Fintech 250 list. About Astra Astra is a prominent purveyor of cutting-edge bank-to-bank transfer technology tailored for financial institutions, fintech companies, and enterprises. Gil Akos and Sam Morgan co-founded the company in 2016. The company's distinctively designed, vertically integrated API offers a streamlined means for developers to seamlessly incorporate financial automation into their pre-existing products.

Read More

Financial Management

SoFi Picks Asurity's RiskExec SaaS for Community Reinvestment Act Data

SoFi | September 15, 2023

RiskExec, Inc., a subsidiary of Asurity Technologies, has disclosed that SoFi, a digital personal finance company, will utilize RiskExec's software to fulfill its compliance and reporting needs. This move underscores RiskExec's position as a trusted compliance solution for modern financial institutions, offering swift geocoding of data, rigorous edit checks, and insightful analyses across various sectors, including banking, mortgage lending, credit unions, automotive lending, and digital lending. Angela Smedley, CRA Officer at SoFi, has expressed her appreciation for RiskExec's improved geocoding capabilities, customizable features, and exceptional customer support. She said these attributes have enabled the company to enhance efficiency in its consumer loan review process, ultimately contributing to an improved experience for prospective and existing members. Meanwhile, Dr. Anurag Agarwal, PhD, President of RiskExec, also expressed the company's dedication to delivering precise and up-to-date analytics to assist SoFi in achieving its CRA objectives. This commitment comes as SoFi joins the ranks of RiskExec users, with the successful integration of RiskExec significantly enhancing its CRA program. Amidst the dynamic and demanding regulatory framework, RiskExec provides banks with essential tools to ready themselves for regulatory assessments. This includes conducting comprehensive trend analysis and evaluating performance, encompassing areas within and outside the designated assessment regions. About Asurity Asurity offers compliance-focused solutions to the mortgage, retail banking, and consumer lending. Its flagship SaaS product, RiskExec, combines compliance expertise with advanced reporting and analytics software. This enables lenders to meet regulatory requirements and achieve their business goals effectively. Financial institutions widely use RiskExec for data analysis and compliance in various financial products. The company also provides Propel for compliant mortgage document generation and RegCheck for comprehensive compliance assessments using loan-level data from integrated LOS systems. About SoFi SoFi is a member-centric digital financial services platform dedicated to helping individuals achieve financial independence and realize their goals. With over 6.2 million members, the company offers a comprehensive suite of financial products and services, providing fast access to tools for borrowing, saving, spending, investing, and financial protection - all within a single app. Beyond financial services, SoFi supports its members with resources such as career advisors, certified financial planners, exclusive experiences, and a thriving community, guiding them on the path to financial independence.

Read More

Core Banking

Sagent and Central Bank Extends Partnership to Offer Scalable Mortgage

Sagent | September 18, 2023

Sagent, a prominent fintech software company specializing in modernizing mortgage servicing for banks and lenders, has announced an extension of its partnership with The Central Trust Bank (Central Bank). Backed by Warburg Pincus, Sagent's mission is to facilitate the transformation of mortgage servicing operations through scalable fintech solutions. This six-year extension signifies their commitment to empowering the Central Bank with cutting-edge technology, ensuring efficient operations, enhancing the customer experience, and addressing the ever-evolving demands of the mortgage industry. Central Bank's decision to extend its partnership with Sagent underscores the value of Sagent's cloud-based LoanServ system. This system is the cornerstone of Central Bank's mortgage servicing operations, offering agile and highly configurable technology that automates intricate, high-volume tasks and workflows. By leveraging Sagent's fintech solutions, Central Bank aims to deliver an exceptional customer experience while remaining adaptable to the dynamic landscape of customer needs and regulatory requirements. This extension solidifies the role of technology in driving Central Bank's growth and competitiveness within the mortgage servicing sector. Steve Komaromi, COO of Loan Servicing at Central Bank, commented, Central Bank remains committed to its strong community roots while embracing growth opportunities through partnerships with industry leaders like Sagent to power ultra-personalized, full-service banking that helps us engage, care for, and retain our customers through every step of the homeownership journey. [Source –Business Wire] Central Bank's mortgage servicing technology from Sagent improved operational efficiency, kept them at the forefront of fintech innovation and met customers' expectations for a mobile-friendly banking experience. Steve also expressed Central Bank's enthusiasm for this extended partnership, highlighting the opportunity to expand their servicing customer base and accelerate innovation to serve their customers better. Central Bank, rooted in community-first principles since its inception in 1902, has left an indelible mark across over 140 locations in the Midwest. With a century of service-driven banking, it has consistently earned accolades such as 'Best Customer Service Bank' by Newsweek and recognition in Forbes' prestigious list of 'America's Best Banks.' Sagent has over $2 trillion in outstanding mortgage balances on its platforms and is the only enterprise, default, and consumer mortgage servicing platform synchronized with real-time data in the industry. About Sagent Sagent is the driving force behind America's foremost bank and nonbank lenders, revolutionizing the homeownership experience for millions of borrowers. The company's mission is to empower enterprises and banks that help engage, nurture, retain, and modernize relationships with borrowers. Its flexible, scalable, and highly configurable solutions enable users to engage borrowers and cultivate loyalty effectively. In addition, Sagent's solutions help reduce servicing costs, ensuring compliance and amplifying the value of servicing rights throughout the entire spectrum of market cycles.

Read More

Wealth Management

CapIntel Introduces OMNI, a Comprehensive Digital Wealth Solution

CapIntel | September 07, 2023

CapIntel has introduced a comprehensive digital wealth management platform called OMNI. This platform's capacity to provide a complete, all-encompassing perspective on their investments makes it easier for financial advisors to offer comprehensive guidance to their clients. OMNI has been created to empower financial advisors, augmenting their client rapport. It is an interactive, user-friendly presentation generation tool that seamlessly incorporates compliance measures and secure sharing protocols. This integration facilitates the simplification of financial discussions, thereby fostering improved decision-making processes for advisors and investors. James Rockwood, Founder and CEO of CapIntel, said, With an ongoing commitment to advancing technology in the financial industry, OMNI sets the stage for a transformational shift in advisor-client and advisor-asset manager conversations. By providing advisors with a comprehensive and interactive presentation tool, OMNI aims to elevate the value proposition of advisors and create an impeccable digital experience for clients. [Source: Cision PR Newswire] He believes the introduction of OMNI would further strengthen the bond between advisors and their clients, ultimately improving their financial outcomes. He emphasized that this release marked a significant milestone in CapIntel's vision to reshape the financial industry and assist advisors in their digital transformation endeavors. The CapIntel platform is centered around creating contemporary, easily accessible, trustworthy, enlightening, and personalized financial presentations. These presentations serve a dual purpose - enabling advisors to demonstrate the significance of human relationships and expertise while enhancing their comprehension of financial objectives and their attainability for retail investors. The forthcoming launch of OMNI represents an occasion for North American advisors to encounter this pioneering platform's capabilities and possibilities directly. About CapIntel CapIntel enhances the overall experience of wealth management professionals and investors through its user-friendly, web-based applications. At the core of the company's mission is elevating personal finance, with a significant focus on nurturing wealth growth through strategic investments while fostering meaningful dialogues between advisors and their clients. CapIntel's platform empowers financial experts to provide transparent, data-driven, and personalized information to their clients, enabling them to gain a deeper understanding of their investment portfolios and find reassurance in the security of their financial futures.

Read More

Payments

Treasury Prime and Astra Unify to Provide Real-Time Payment Solutions

Treasury Prime | September 20, 2023

Treasury Prime, a leading provider of state-of-the-art embedded banking software solutions, has formally introduced a strategic collaboration with Astra, a tech company renowned for its expertise in pioneering instant payment solutions. This partnership signifies a significant step forward in modern financial technology. Mark Vermeersch, Chief Platform Officer at Treasury Prime, expressed that Astra's transfer technology offers remarkable speed, efficiency, and accessibility. When combined with an embedded finance marketplace, it has the potential to revolutionize transaction processes for businesses and end-users, thereby shaping a more interconnected and dynamic financial sphere. By harnessing Astra's cutting-edge technology, Treasury Prime's customer base gains access to instant account funding and swift disbursement options via the push-to-card feature. This enhancement marks a significant stride in streamlining payment processes, promising increased efficiency and effectiveness for financial institutions and corporate entities. Gil Akos, Co-Founder and CEO of Astra expressed enthusiasm about the partnership with Treasury Prime. He emphasized the significance of instant payment technology in revolutionizing financial transactions by providing expedited access to funds while ensuring elevated efficiency, security, and convenience levels. He anticipates that this collaboration will empower businesses to harness the potential of instant transactions, fueling growth, improving customer experiences, and promoting financial inclusion. These recent partnerships with Sardine and Checkout.com signify Treasury Prime's commitment to forging strategic alliances, further solidifying its position as a leader in the industry. Additionally, the introduction of OneKey Banking, a pioneering multi-bank solution, and the successful closure of a $40 million Series C funding round earlier this year have underscored the company's dedication to innovation and growth within the financial technology sector. About Treasury Prime Treasury Prime offers comprehensive, sophisticated services, including money transfer, risk management, and access to a chartered bank's infrastructure. It collaborates with forward-thinking financial institutions to foster responsible innovation and expand access to banking products and services across diverse population segments. The company's excellence has been recognized through awards such as the Best Banking-as-a-Service Platform in the Tearsheet Embedded Awards for 2021 and 2022 and its inclusion in CB Insights' prestigious 2021 Fintech 250 list. About Astra Astra is a prominent purveyor of cutting-edge bank-to-bank transfer technology tailored for financial institutions, fintech companies, and enterprises. Gil Akos and Sam Morgan co-founded the company in 2016. The company's distinctively designed, vertically integrated API offers a streamlined means for developers to seamlessly incorporate financial automation into their pre-existing products.

Read More

Financial Management

SoFi Picks Asurity's RiskExec SaaS for Community Reinvestment Act Data

SoFi | September 15, 2023

RiskExec, Inc., a subsidiary of Asurity Technologies, has disclosed that SoFi, a digital personal finance company, will utilize RiskExec's software to fulfill its compliance and reporting needs. This move underscores RiskExec's position as a trusted compliance solution for modern financial institutions, offering swift geocoding of data, rigorous edit checks, and insightful analyses across various sectors, including banking, mortgage lending, credit unions, automotive lending, and digital lending. Angela Smedley, CRA Officer at SoFi, has expressed her appreciation for RiskExec's improved geocoding capabilities, customizable features, and exceptional customer support. She said these attributes have enabled the company to enhance efficiency in its consumer loan review process, ultimately contributing to an improved experience for prospective and existing members. Meanwhile, Dr. Anurag Agarwal, PhD, President of RiskExec, also expressed the company's dedication to delivering precise and up-to-date analytics to assist SoFi in achieving its CRA objectives. This commitment comes as SoFi joins the ranks of RiskExec users, with the successful integration of RiskExec significantly enhancing its CRA program. Amidst the dynamic and demanding regulatory framework, RiskExec provides banks with essential tools to ready themselves for regulatory assessments. This includes conducting comprehensive trend analysis and evaluating performance, encompassing areas within and outside the designated assessment regions. About Asurity Asurity offers compliance-focused solutions to the mortgage, retail banking, and consumer lending. Its flagship SaaS product, RiskExec, combines compliance expertise with advanced reporting and analytics software. This enables lenders to meet regulatory requirements and achieve their business goals effectively. Financial institutions widely use RiskExec for data analysis and compliance in various financial products. The company also provides Propel for compliant mortgage document generation and RegCheck for comprehensive compliance assessments using loan-level data from integrated LOS systems. About SoFi SoFi is a member-centric digital financial services platform dedicated to helping individuals achieve financial independence and realize their goals. With over 6.2 million members, the company offers a comprehensive suite of financial products and services, providing fast access to tools for borrowing, saving, spending, investing, and financial protection - all within a single app. Beyond financial services, SoFi supports its members with resources such as career advisors, certified financial planners, exclusive experiences, and a thriving community, guiding them on the path to financial independence.

Read More

More Trending news

Spotlight

Artificial intelligence and tax: What firms need to know?

Artificial intelligence (AI) is changing the way we live and work, and the tax profession is no exception. For years, there’s been talk about AI and how this disruptive technology will reshape the future. And in some respects, that future is here. Consider, for example, self-driving cars, facial recognition tools, and digital as

Resources

Why Tax Technology Is A Game-changer For CPA Firms

Whitepaper

Catching up with cryptocurrency

Whitepaper

Artificial intelligence and tax: What firms need to know?

Whitepaper

Why Tax Technology Is A Game-changer For CPA Firms

Whitepaper

Catching up with cryptocurrency

Whitepaper

Artificial intelligence and tax: What firms need to know?

Whitepaper