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Nalezeno "Credit unions": 15

U.S. Credit Unions Adopt Tokenization of Real World Assets

24.5.2024
Credit Unions in the U.S. are starting to use blockchain and tokenization to automate business processes, but regulatory challenges remain. The post U.S. Credit Unions Adopt Tokenization of Real World Assets appeared first on Cryptonews

Federal Reserve Launches Fednow for Instant Payments — JPMorgan, Wells Fargo, and 33 Banks Onboard

21.7.2023
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions across the country to support the widespread...

Kenyan Fintech Kwara Raises $3 Million in Seed Extension

22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....

Credit unions warn about the cost of developing a CBDC

8.7.2022
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders

US Regulator Tells Credit Unions They Can Team Up with Crypto Firms

22.12.2021
America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets. The NCUA outlined its stance on crypto in an open letter to unions...

Kenya Based Fintech Kwara Raises $4 Million in Seed Round

13.12.2021
A Kenya based fintech, Kwara has raised $4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app that allows members of credit unions to access financial services. The Rising Demand for Financial Services by Credit Union Members Kwara, a Kenyan fintech that...

Payments Giant NCR Bringing Bitcoin Trading to 650 U.S. Banks and Their 24 Million Customers

30.6.2021
Payments giant NCR and New York Digital Investment Group (NYDIG) are collaborating to allow 650 U.S.banks to offer bitcoin trading to their 24 million customers through their mobile applications. 24 Million Customers of 650 Main Street Banks May Soon Have Access to Bitcoin Trading New York Digital...

NYDIG and NCR Team Up To Bring Bitcoin To 650 US Banks, Credit Unions

30.6.2021
US-based payments giant NCR and digital asset management company NYDIG have teamed up to enable some 24m customers of 650 US banks to buy and sell bitcoin (BTC) through mobile apps supplied by the payments provider, using NYDIG’s custody services. The latest development could significantly increase...

NYDIG set to bring Bitcoin adoption to 650 US banks and credit unions

30.6.2021
NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021

10,000 Financial Institutions Can Now Let Customers Buy, Sell, Hold Bitcoin Through Their Bank Accounts

25.6.2021
Banks and credit unions of all sizes can now facilitate the buying, selling, and holding of bitcoin within their banking platforms thanks to a collaboration between Finserv and New York Digital Investment Group (NYDIG). Finserv currently has about 10,000 financial institution clients. All Banks...

Q2’s Banking Platform to Enable Over 18 Million Users to Buy, Sell, Hold Bitcoin

24.6.2021
Q2’s digital banking platform, which currently powers nearly 30% of the top 100 banks in the U.S., will allow more than 18.3 million registered users to buy, sell, and hold bitcoin. Q2 Holdings Inc. (NYSE:QTWO) provides digital banking and lending solutions to banks, credit unions...

Xend Is Listing on AscendEX

4.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Xend Token (XEND) under the pair USDT/XEND on Apr 2 at 1:00 p.m. UTC. Xend Finance is a DeFi platform for cooperatives...