AutoRek, a leading software provider to companies in the global financial services sector, has today announced the availability of its cutting-edge platform in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
Today, Square unveiled Square Kiosk, a fully integrated software, hardware, and payments solution that enables self-serve ordering for quick-service restaurants.
Boarding public transport and pay the fare by simply tapping with a contactless payment card or mobile phone (to which the card is binded) on turnstiles or authorized readers: Rome is the first city in Europe to offer this contactless payment service to cardmembers from international schemes UnionPay.
Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.
Nonprofit Fintech Sandbox has received a grant of $150,000 from Global Atlantic Financial Group.
Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.
The post Ark Invest Offloads $15 Billion Worth Coinbase Shares Pulling Down COIN’s Price appeared first on Coinpedia Fintech News Cathir Wood’s Ark Invest sold $15 billion worth of 70,600 Coinbase shares which has sparked speculations over its impact. Cathie Wood clarified it as not a case of dumping, but active portfolio management and emphasized that Coinbase remains a top position in Ark Invest’s holdings indicating confidence in the company’s long-term prospects. Woods also mentioned plans to reinvest profits into other promising stocks to emphasize a dynamic investment approach to maximize returns. COIN stock fell by 0.83% in today’s pre-market session and traded at $212.56. It is currently trading at $214.34
The post Mastercard And Major US Banks Collab To Test Tokenized Asset Settlement appeared first on Coinpedia Fintech News Mastercard’s disruptive collab with leading US banks to trial shared ledger technology for settling tokenized assets aims to simulate transactions in dollars improving cross-border transaction efficiency and reducing the risk of error and fraud. The assets include commercial-bank money, Treasury securities, and investment-grade debt securities. The ledger technology will recast the financial landscape. Notable participants in the trial include Citigroup Inc., JPMorgan Chase & Co., Visa Inc., and Swift.