BITCOIN AND CRYPTO

tZERO Crypto App Adds Three New Crypto Assets, Growing Supported Assets by 350% YoY

tZERO | January 03, 2022

tZERO_Crypto_App
tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that the tZERO Crypto app, a cryptocurrency trading platform, launched support of Polygon (MATIC), Enjin Coin (ENJ), and Maker (MKR), increasing its cryptocurrency offering to 18 coins, over a 3x increase compared to December 2020.

Having significantly increased the number of coins on the tZERO Crypto app in 2021, we are proud to offer our users a robust crypto offering as a part of our planned merged, UX-first cross-asset experience. We plan to continue to increase the number and range of attractive and compliant assets and adjacent products and services on our platform in 2022.”

tZERO Interim CEO and Chief Legal Officer Alan Konevsky

Important Risk Information
Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

No Offer, Solicitation, Investment Advice or Recommendations
This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

About tZERO
tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. 

tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions.

About tZERO Crypto
tZERO Crypto, Inc. is a wholly owned subsidiary of tZERO Group, Inc. tZERO Crypto, Inc. and tZERO Group, Inc. are not registered broker-dealers, underwriters, investment banks, or investment advisers, and are not providing brokerage, investment banking or underwriting services, recommendations or investment advice to the users of the tZERO Crypto app. No broker-dealer affiliate of tZERO Group, Inc. is involved in the transactions and services offered by the tZERO Crypto App. tZERO Crypto, Inc. is licensed as an authorized money transmitter in every jurisdiction in which it does business that requires such authorization. tZERO Crypto relies upon third-party services to provide fiat and virtual currency custody services to its customers. 

Spotlight

Make your investments mobile with Barclays Pingit for corporates. Our new video shows how your funds customers can pay you quickly, simply and securely using our mobile payments app.


Other News
PAYMENTS

Aliaswire DirectBiller Modernizes Billing and Payment for Utilities

Aliaswire, Inc. | September 02, 2022

Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced new capabilities for utility clients in its DirectBiller platform and reported impressive growth in the number of payments being processed by utilities. The new features address the growing need for utilities to meet customer expectations for more modern and convenient payment methods, while also reducing their operating costs. The company saw a 337% increase in the number of payments processed by utility companies on its DirectBiller platform over the last 12 months, with one natural gas provider processing over one million payments per month and continuing to grow volume at 12% month-over-month. “When you have recurring billing relationships like utilities, the billing and payment experience becomes a critical touchpoint. In many cases, it may be the only one a utility has with a customer each month, Not only does that experience have a huge impact on customer satisfaction, but it can also create big operational inefficiencies without proficient systems and processes in place, as finance teams are then forced to manually handle payment receipt and reconciliation.” -Jed, Rice, CEO of Aliaswire DirectBiller optimizes the billing and payment experience for residential, commercial and non-consumption utility customers. The platform manages the entire end-to-end process from billing through payment reconciliation and encourages on-time payments by providing easy and secure ways for customers to receive and pay their utility bills. DirectBiller enables utilities to consolidate all payment channels on a single platform and integrates seamlessly with utilities’ ERP systems and their banks’ treasury management systems to streamline payment reconciliation. Key features in DirectBiller for Utilities Bill Payment Members of the same household can log in separately to make payments against their shared account Multiple payment options (web, mobile, text, CSR, IVR, kiosk) One-time payment and auto pay Automated payment reminders Multilingual IVR service that follows the same payment flows as web and mobile experiences CSRs can provide one-time payment links via text or email to unenrolled customers Customers can pay directly on DirectBiller’s hosted payer portal, or the payment experience can be embedded within a utility’s existing payment site via single sign-on or API Real-time posting lets the utility and customer know immediately when payments have posted to better manage service levels and terminations Support for Multiple Divisions For utilities with multiple lines of business, DirectBiller can support separate payment flows and websites. Reporting can be provided at the division level as well as a single consolidated view at the corporate level. Flexible Card Processing and Fee Management Support for different fee models for residential, commercial and non-consumption lines of business Patented technology streamlines daily net settlement of surcharges, convenience fees. Competitive “cost plus” interchange pricing, including Level 2/3 processing Support for Non-Consumption Business Full PDF presentment of complex and multi-page invoices Multiple invoices can be grouped into a single payment transaction or processed individually Payers can apply credit memos to invoices and pay net balance due About Aliaswire, Inc. Aliaswire is a fintech company based in Boston with a history of innovation in payments. The company supports leading financial institutions and merchant services providers with bill pay through DirectBiller® and small business credit solutions through Payvus®.

Read More

BITCOIN AND CRYPTO

WazirX launches ‘Learn & Earn’ campaign in association with The Sandbox

WazirX | September 19, 2022

Continuing with its efforts towards bringing awareness to the crypto space, WazirX, the largest crypto exchange in the country, launches another ‘Learn & Earn’ campaign in association with the Ethereum-based play-to-earn metaverse game, The Sandbox. The campaign includes a two-level contest where the top five winners will receive free Alpha passes for The Sandbox’s recently launched Alpha Season 3. The campaign commences on September 19, 2022, at 10 am (IST). In the first step of the contest, participants have to answer a ten-question intriguing quiz about The Sandbox Alpha. After this, they must trade at least 10 SAND from 19th September at 10 am to 25th September till 10 pm IST. Winners will be chosen randomly from participants who complete both rounds. They will be awarded Alpha passes that will give them complete access to the all-new world of a metaverse in the game and a chance to win 500 SAND tokens. The latest season of The Sandbox Alpha provides users with multiple gameplay options. Being one of the largest and most interactive seasons, Alpha Season 3 offers around 90+ solo and multiplayer experiences. “We intend to make learning about crypto fun and interesting experience for those new to it. This is precisely what we are trying to achieve through our ‘Learn & Earn’ campaign in collaboration with The Sandbox. We are looking forward to wide-scale participation from crypto enthusiasts and gamers.” -Rajagopal Menon, Vice President, WazirX Before this, WazirX successfully conducted its P2P (peer-to-peer) contest under the ‘Learn & Earn’ initiative. It was intended to familiarize first-time investors with P2P trading. Hosted between 21st to 28th June 2022, the event saw participation from more than 8000 crypto enthusiasts who completed the contest quiz and the winners were rewarded with WRX worth ₹200. About WazirX WazirX is an India-based crypto exchange platform that allows users to buy, sell, and trade various crypto-assets like Bitcoin, Ether, Litecoin, and more. WazirX is India’s largest crypto exchange and has over 12 million users. WazirX is on a mission to make crypto accessible to everyone in India.

Read More

CORE BANKING

Argyle Joins Financial Data Exchange to Establish Industry Standards for Payroll Data

Argyle, Financial Data Exchange | July 07, 2022

Argyle, the leading employment data platform providing companies access to user permissioned employment records, announced today it has joined the industry standards body Financial Data Exchange (FDX). Through its FDX membership, Argyle will help shape industry standards for how banks and data aggregators format, authenticate, and transmit consumer payroll data. The use of payroll data—which encompasses all personal employment and income information—is gaining significant traction as an indispensable alternative to outdated verification processes, such as evaluating credit scores to determine credit worthiness. Real-time payroll data offers a more transparent scope of one’s ability to pay in order for banking and lending institutions to grant consumers access to necessary financial resources. “As an FDX member, we have the unique opportunity to collaborate with other industry players to help define how payroll data is formatted, authenticated, and transmitted,” said Shmulik Fishman, CEO and founder of Argyle. “As an FDX member, we have the unique opportunity to collaborate with other industry players to help define how payroll data is formatted, authenticated, and transmitted,” said Shmulik Fishman, CEO and founder of Argyle. “Employee payroll data is an incredibly rich source of information that can help workers secure housing, vehicles, loans, and valuable financial services—it’s crucial we come together as an industry to standardize on how this data is managed.” The FDX is dedicated to connecting the ecosystems that make up the financial services industry to create a common, interoperable, and royalty-free standard for secure, user-permissioned financial data sharing. FDX memberships are open to organizations within the financial sector interested in contributing to the development, growth, and industry acceptance of the FDX API and other objectives through collaboration with FDX working groups and task forces. As a member, Argyle has the unique opportunity to work with other FDX participants to create the first standardized method of payroll data authentication and transmission. “FDX and Argyle share an equally vested interest in standardizing the methodology of how critical data is transmitted in order to receive necessary financial services,” said Don Cardinal, managing director at FDX. “Our members help promote greater adoption of Open Finance and banking standards and drive significant industry growth through their contributions and collaboration with one another. We’re thrilled to have Argyle join us as a valued member of the FDX.” In 2021, Argyle announced the creation of the Open Employment Data Standards (OEDS), an organization established to standardize how employment records are stored, accessed, and transferred. These records serve as a core foundation in American society and are used in renting an apartment, buying a car, purchasing a home, applying for a new job, receiving a loan, and more. OEDS aims to foster transparency and alignment of a data-set that institutions across the industry can rely on. Joining FDX in conjunction with OEDS furthers Argyle's stance as a thought leader in payroll data and Open Finance. To learn more about Argyle, visit argyle.com. About Argyle Argyle is building the leading user-consent-based platform for employment data, helping people avoid situations where their personal information is sold or used without their consent or knowledge. With Argyle, any business can process income and work verifications, gain real-time transparency into earnings, as well as view and update worker profile details. By removing the barriers between a worker, the companies they make money from, and the business they buy services and products from, Argyle has reimagined how employment data can be leveraged to benefit both institutions and individuals. About Financial Data Exchange Financial Data Exchange, LLC is a non-profit organization operating in the US and Canada that is dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial data. FDX empowers users through its commitment to the development, growth, and industry-wide adoption of the FDX API, according to the principles of control, access, transparency, traceability, and security. Membership is open to financial institutions, fintech companies, financial data aggregators, consumer advocacy groups, payment networks and other industry stakeholders. FDX is an independent subsidiary of FS-ISAC. For more information and to join, visit www.financialdataexchange.org.

Read More

FINANCIAL MANAGEMENT,FINTECH

Broadridge Ranked #10 on the 2022 IDC FinTech Rankings

Broadridge | September 13, 2022

As part of its eighth consecutive year being recognized, Broadridge Financial Solutions, Inc., a global Fintech leader, is pleased to announce it ranks #10 on the 2022 IDC FinTech Rankings, rising four places from its 2021 ranking. Broadridge was also named among a select group of companies as a 'Fast Track FinTech,' an accolade given only to those firms that continue to demonstrate consistent year-over-year financial growth. The 19th annual vendor ranking represents leading hardware, software, and service providers to the financial services industry from around the world. Companies are ranked based on 2021 calendar year revenues attributed to the financial services and FinTech industries. "Being recognized as a 'Fast Track FinTech' by IDC and making this distinguished list eight years in a row is a true testament to Broadridge's thriving culture of innovation and the belief in the power of transformative, next-generation technology, We remain steadfast in our commitment to helping financial institutions across the globe embrace innovation and implement cutting-edge technologies that drive growth, enhance customer experience and realize exceptional operational performance." -Tim Gokey, CEO of Broadridge The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC forecasts worldwide spending on IT across the globe to reach $590 billion (USD) by 2025. Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider's commitment to the success of its financial institution clients, The IDC Fintech Rankings, now in its 19th year, is the global standard list of fintech providers to the industry, and we congratulate the 2022 winners,states Marc DeCastro, Research Director at IDC Financial Insights. To thrive in a digital economy, the financial services organizations must embrace and integrate innovative technology effectively to enhance the customer experience and achieve operational excellence. Broadridge and the companies featured on the IDC FinTech Rankings represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world. Broadridge provides technology-driven solutions to banks, broker-dealers, portfolio managers, and public companies. The company's infrastructure serves as a global communications hub for thousands of mutual funds and millions of institutional investors. About Broadridge Broadridge Financial Solutions, a global Fintech leader with $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than U.S. $9 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

Read More