PAYMENTS

Voyager Token Integrated Into Coinify's Global Crypto Payment Platform

Voyager | November 09, 2021

Voyager Digital Ltd., one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the integration of the Voyager token (VGX) into Coinify's cryptocurrency payment platform, a wholly-owned Voyager subsidiary that provides merchant payment services in over 150 countries.

The integration of VGX into Coinify's crypto payment platform expands the functionality of the Voyager token well beyond the Voyager ecosystem. Our acquisition of Coinify earlier this year added a global crypto payments infrastructure to the Voyager ecosystem, and we will continue to implement additional ways to maximize this infrastructure to grow crypto adoption internationally."

Steve Ehrlich, CEO and Co-founder of Voyager.

Coinify's payment system allows businesses to accept cryptocurrency online and in retail stores, and is integrated through payment service providers with over 30,000 merchants globally. VGX joins over 15 other leading cryptocurrencies — including Bitcoin, Ethereum, and Cardano — that can be accepted by participating Coinify merchants. Voyager also previously announced that Usio, its payment provider, is integrating Coinify's payment offering. Usio already has an established pipeline of merchants and PSPs ready to accept crypto as payment.

VGX supports the Voyager Loyalty Program, commonly known as VLP, which allows customers to earn rewards for activities done on the platform. The VLP rewards customers with crypto-back on trades, boosted holding rewards, and more. The program has been successful as the number of participants continues to grow.

In August 2021, Voyager acquired Coinify, accelerating Voyager's international expansion and the Company's payment capabilities, with plans to enable customers to make payments directly from their digital asset accounts and fast-track Voyager into the business-to-business payment space.

About Voyager Digital Ltd.
Voyager Digital Ltd. is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 60 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe.

Spotlight

Financial market is a market where financial instruments are exchanged or traded and helps in determining the prices of the assets that are traded in and is also called the price discovery process.Organizations that facilitate the trade in financial products. For e.g. Stock exchanges (NYSE, Nasdaq) facilitate the trade in stocks, bonds and warrants.Coming together of buyer and sellers at a common platform to trade financial products is termed as financial markets, i.e. stocks and shares are traded between buyers and sellers in a number of ways including: the use of stock exchanges; directly between buyers and sellers etc…


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FINANCIAL MANAGEMENT

BluePi partners with Snowflake to enable the fast-growing BFSI sector to generate data insights, at scale

BluePi | December 24, 2021

BluePi Solutions, an established player in data-driven solutions, today, announced the partnership with Snowflake, the Data Cloud company, to enable the data insights at scale. This partnership is aimed to serve the financial sector in India, for liberating valued, siloed data and unlocking meaningful insights. Snowflake recently launched its financial services Data Cloud with more than 600 industry data partners, as well as large customers, such as BlackRock, Capital One and Western Union. The BFSI players can leverage Snowflake's Financial Services Data Cloud to launch new customer-centric products and services, build fintech platforms of the future and accelerate their regulatory compliance. With India set to become the third largest domestic banking sector by 2050, implementing the right technology will help accelerate the expected growth. Announcing the partnership, Pronam Chatterjee, Co-founder and CEO, BluePi Consulting, said, "We are indeed happy to partner Snowflake, the global technology leader in Data Cloud and consider this an important milestone in our path towards technological excellence. Given the credentials of Snowflake, this partnership has further strengthened us to accelerate the data journey of our customers in the financial services sector." He further added, "BluePi's solutions are built leveraging Data on Cloud, Data warehouse, Data Lakes and Data Marts. The partnership with a Data Cloud expert has certainly equipped us further to support financial services organisations to effortlessly launch innovative products and services while adhering to the stringent requirements of the sector ." BluePi has rich experience in handling large scale projects around Big Data, Data Science, Cloud-based solutions, Microservices, Risk profiling, among others, in addition to having the functional knowledge of BFSI industry. We are proud to support BluePi Consulting as they leverage Snowflake's Data Cloud Services for their financial services customers. Our financial services Data Cloud helps organisations to mobilise data with near-unlimited scale, concurrency and performance." Vimal Venkatram, Country Manager, India at Snowflake By leveraging BluePi solutions powered with Snowflake Data Cloud, the BFSI players can now launch new customer-centric products and services, build fintech platforms of the future and accelerate their regulatory compliance. They can also consolidate data warehouse infrastructure, deploy digital business models and leverage new-age technologies better. About BluePi: BluePi Consulting is an established player in the retail consulting and solutions space, has recently expanded its capabilities and has entered into the BFSI sector too. Founded in 2012, in Gurgaon by industry leaders, Pronam Chatterjee and Kaushik Khanna, BluePi, has successfully presented itself as one of the 'game changers' in the retail industry, with its data-driven retail solutions. Recently, BluePi launched its solutions to address several challenges in the BFSI sector and help deliver better performance by leveraging Big Data, Data Science, AI-enabled Data Analytics, Machine Learning and other technologies.

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CORE BANKING

DR BANK ANNOUNCES PARTNERSHIP WITH BOMBAS

DR Bank | May 23, 2022

DR Bank is proud to partner with premium basics brand Bombas through their internal Giving Initiative program by donating 1,000 pairs of Bombas donation socks. Bombas is a comfort-focused, digitally native brand that provides elevated basics and helps those in need. The company was originally founded in 2013 because socks are the #1 most requested clothing item at homeless shelters. For every item purchased, a specially designed item is donated to the homeless community. DR Bank chose to donate these socks to two local organizations, Person to Person and New Covenant Center. Person to Person is a Darien, CT based organization that serves lower Fairfield County providing groceries, clothing, care programs, emergency assistance, and more to anyone in need. We are so grateful to DR Bank and Bombas for this wonderful donation. These are beautiful, good quality socks and the people we serve will be so grateful to have them. We applaud this company and all others who commit themselves to giving back to the community." Nancy Coughlin, Chief Executive Officer. The New Covenant Center is a Stamford, CT based organization that provides food and services to the local homeless population. "New Covenant Center is grateful to accept the 500 adult-sized pairs of socks donation from DR Bank and the partnership they have with NYC apparel company, Bombas. DR Bank has been a longtime supporter of New Covenant and we're excited to have them onboard - focusing on our Toiletry Program for our Café clients." John Gutman, Executive Director. To be able to partner with such a socially conscious organization like Bombas to benefit two great local charities, is a wonderful opportunity for the Bank! DR Bank has been giving back to local charities throughout Fairfield County since we opened our doors in 2006 We hope to do much more of this in 2022 and years to come!" John Barbalaco, EVP & Chief Banking Officer. DR Bank DR Bank is headquartered in Darien with a branch in Rowayton. They offer the same customer service and attentiveness of a community bank with the financial services and technology of a larger bank. Whether you're stopping by, or banking on the go, their team of experts are there to help. They are committed to long-term relationships and offer the conveniences and financial services you expect from a larger bank, with the incredible rates, safety, and personal attention you won't find anywhere but home.

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Visa Inc. Recommends Class A Common Stockholders Reject Mini-Tender Offer by Ponos Industries LLC

Visa | July 29, 2020

Visa Inc. (NYSE: V) has been notified of an unsolicited “mini-tender offer” by Ponos Industries LLC to purchase up to 1 million shares of its Class A common stock, representing approximately 0.06% of Visa’s outstanding shares of Class A common stock. Ponos’ offer price of $210.00 is 9.06% above the closing price of Visa’s Class A common stock on July 10, 2020, the last trading day prior to the date of the offer. While this price is presently above the current market price of Visa’s Class A common stock, the offer is subject to numerous conditions, including that (i) Ponos has obtained sufficient financing to consummate the offer and (ii) the closing price of Visa’s Class A common stock on the last day of trading prior to the offer’s expiration date exceeds the $210.00 offer price.

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PAYMENTS

EVODeFi comes out with its new payment solution EVODeFi.Pay

EVODeFi | March 21, 2022

EVODeFi cross-chain solution just unveiled its new product – EVODeFi.Pay. This is a powerful tool for making crypto payments, allowing sellers to accept and bill cryptocurrency to customers with minimal time and effort. The product will be especially valuable for users who want to perform their money transactions in cryptocurrency without using complicated schemes. The high-tech system of EVODeFi provides numerous crypto services including business tools to increase crypto payments, a bridge between networks, and a high-tech system to work with crypto exchange and crypto-salaries. A professional team that has already launched one of the top 5 bridges created EVODeFi.Pay that facilitates the process of exchanging cryptocurrency between sellers and buyers. EVODeFi.Pay is a product that performs fast crypto-transactions between vendors and customers. The process of using the service is extremely simple: a buyer chooses the cryptocurrency which he or she wants and pays for the purchase. EVODeFi.Pay converts one cryptocurrency into another and sends the payment to a seller in the crypto that has been chosen. Since many have refused to use BTC/ETH in favor of faster networks, EVODeFi.Pay can offer several popular networks, such as BSC, Fantom, Avax, Polygon, which already have a large number of users. In addition, the development team uses a powerful security system to protect transactions at all stages. Moreover, convenient localization and the ability to use the service on any device will greatly facilitate integration. About EVODeFi: EVODeFi is a cross-chain solution providing a set of crypto products including a bridge between networks, business tools to increase crypto payments, and a high-tech system to work with crypto exchange and crypto-salaries projects, available in a single system. EVODeFi develops the following services: Bridge, Pay, Exchange, Payroll and App. Using the latest technologies and great experience, the EVODeFi system works at the international level, providing its services in regions around the world, for example in the USA, Europe, and South America.

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Spotlight

Financial market is a market where financial instruments are exchanged or traded and helps in determining the prices of the assets that are traded in and is also called the price discovery process.Organizations that facilitate the trade in financial products. For e.g. Stock exchanges (NYSE, Nasdaq) facilitate the trade in stocks, bonds and warrants.Coming together of buyer and sellers at a common platform to trade financial products is termed as financial markets, i.e. stocks and shares are traded between buyers and sellers in a number of ways including: the use of stock exchanges; directly between buyers and sellers etc…

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