bestinvestmentsnow | December 15, 2021
Voyager Digital Ltd. (“Voyager” or the “Firm”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), one of many fastest-growing, publicly traded cryptocurrency platforms in the USA, as we speak introduced a multi-year settlement with The Nationwide Ladies’s Soccer League, making Voyager the NWSL’s first-ever cryptocurrency brokerage companion, additional extending the league’s world advertising attain, and offering gamers with direct monetary assist, crypto training and rewards. “We’re extraordinarily proud to companion with the NWSL, particularly to assist the league develop and supply its gamers with crypto training and direct monetary assist, paid in crypto,” stated Steve Ehrlich, CEO, and co-founder of Voyager. “We imagine strongly in the way forward for these gamers and this league, and we won’t wait to get began.”
BITCOIN AND CRYPTO
BitPay | April 25, 2022
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced two new exchanges and two new wallets are adopting its accurate payment protocol including top crypto providers Bitso, Bitstamp, Edge, and Guarda.
BitPay’s accurate payment protocol, the BitPay Protocol, enables more reliable blockchain payments by eliminating common payment exceptions including overpayments, underpayments, late payments, unconfirmed payments, and potential double-spend payments. In addition to the new partners, the BitPay Protocol has already been adopted by Blockchain Wallet, the world’s largest self-custody wallet. Many other leading wallets are also payment enabled including Electrum, BRD, Metamask, Ledger and more. Verifone’s 600,000 merchants, with a footprint of 35 million devices, also have BitPay’s Payment Protocol automatically enabled for in-store and online purchases.
BitPay first launched its accurate payment specification in 2017 to eliminate payment exceptions in transactions made with cryptocurrency, setting the standard currently adopted by top wallet organizations. Since then, the company has expanded upon the available features and now businesses can accept crypto through BitPay and receive error-free payments from over 200 million crypto users. As a blockchain payment processor, BitPay’s goal is to work with all wallets, and BitPay is the only payment processor who works with more than 100 different wallets to facilitate and optimize consumer to business and business to business payments. The company has processed over $5 billion in payments volume since inception, for tens of thousands of businesses worldwide.
Businesses accepting crypto should be able to accept payments from any crypto wallet and payments should post fast and be free of payment expectations. BitPay Protocol delivers on all these benefits and BitPay is pleased that our new and existing wallet and exchange partners have set the industry bar for payment quality, We are developing payment technology solutions to transform how businesses and people send, receive, and store money around the world making payments faster, more secure, and less expensive.”
Stephen Pair, CEO of BitPay.
Since the founding of Edge, we have always been passionate about people truly using cryptocurrency to buy and sell goods and services, We are happy to support the BitPay Payment Protocol to streamline the user experience at the point of sale for thousands of merchants and further drive adoption of cryptocurrency.”
Paul Puey, CEO / Co-founder at Edge.
Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth.
IBM, EY | May 10, 2021
IBM and EY have joined forces to create a centre of excellence dedicated to helping financial institutions accelerate their digital transformations with hybrid cloud solutions.
The majority of banking and financial services organisations have yet to deploy core systems to the cloud due because of the huge complexity and concerns over security, risk, governance and control.
According to a 2020 IBM survey, while 91% of financial institutions are actively using cloud services today or plan to in the next nine months, on average only nine per cent of their mission-critical regulated banking workloads have shifted to a public cloud environment.
The centralised virtual hub aims to change this, housing offerings in areas like regulatory compliance, digital trust, and security to help clients use the cloud at scale.
Available on IBM Cloud for Financial Services and built with Red Hat OpenShift, the hybrid cloud solutions leverage IBM technology and EY teams’ experience working with financial institutions.
Howard Boville, head, IBM Hybrid Cloud Platform, says: "As part of the Centre for Excellence, we’re helping financial institutions modernize their systems by integrating EY industry and regulatory experience with IBM’s open hybrid cloud and cognitive technologies, to ultimately fuel customer digital transformation."
Alkami | April 22, 2022
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that ORNL Federal Credit Union ("ORNL FCU") is implementing the Alkami Platform to amplify its digital banking experience with leading-edge digital tools and technology designed to help their members thrive.
Our mission was to find a true, single platform that is innovative, customizable and offers a seamless user experience for our members, After vetting several providers, we chose to partner with Alkami because they brought the most advanced digital banking experience to the table and have a proven track record of continuous innovation and stability. Their ongoing guidance will help us stay ahead of the curve and empower our members to get the most out of their digital banking experience."
Dawn Brummett, executive vice president and COO of ORNL FCU.
ORNL FCU's digital channel saw an 24.2% increase over the past two years, making it the largest "branch" of the credit union and bringing its active participation rate to 57% across its member base. This growth is expected to accelerate with the launch of the Alkami platform, which will improve the existing user experience and introduce new features and functionality that will attract new users.
We are thrilled to have ORNL FCU join the growing Alkami family. Our clients are among the most progressive financial institutions in the country, and ORNL FCU stands out as a leader in the space. It is exciting to have such dedicated and visionary clients whose digital-first mindset helps us push the envelope on what we can deliver to help fuel their growth."
Alkami's chief executive officer, Alex Shootman.
ORNL FCU is committed to providing our members with a best-in-class digital banking experience. From money movement and credit monitoring to online loan applications and Bitcoin services, our new platform helps us deliver on that promise, And, knowing we are partnering with a platform provider that has the knowledge, partnerships and extensibility to continue growing with us strategically ensures our ability to effectively cater to our members' digital needs now and into the future."
ORNL FCU CEO Colin Anderson.
About ORNL Federal Credit Union
ORNL Federal Credit Union is a not-for-profit financial cooperative locally owned and operated by its members for the benefit of all who belong. Established in 1948 with 10 founding members, ORNL FCU's assets have grown to over $3.3 billion and membership has grown to over 185,000. Membership is open to businesses and anyone who lives, works, worships, or attends school in 19 counties of East Tennessee.
Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the United States that enables clients to grow confidently, adapt quickly and build thriving digital communities. Alkami helps clients transform through retail and business banking, digital account opening, loan origination, and multi-payment fraud prevention solutions.