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Finastra’s Ignite! conference highlights key innovation strategies for community banks and credit unions

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Takeaways emphasize the importance of creating an enhanced customer experience, and using technology to deliver meaningful moments and interactions

ORLANDO, Fla., Aug. 9, 2023 /PRNewswire/ — Finastra, a global provider of financial software applications and marketplaces, brought together leaders from community banks and credit unions across the United States to discuss innovation in financial technology, operational and strategic initiatives, and the power of collaboration at its annual Ignite! Conference in Orlando. Hosted in early June, the event emphasized collaboration and community, providing a forum for Finastra Universal Banking customers to come together and share experiences while working together to both support the local community and to embrace a more open financial services industry.

Through a series of panel discussions, strategy workshops, and educational sessions, presenters from Finastra’s Universal Banking leadership team, senior business and technology executives from community banks and credit unions, and partners in Finastra’s growing ecosystem, covered topics related to navigating the digital era, sharing success stories, customer-centric innovation, finding growth opportunities, and the importance of thinking creatively to solve problems.

Addressing customers and partners during her opening remarks, Siobhan Byron, EVP, Universal Banking said, “Technology provides tremendous opportunities to transform lives. At Finastra, our mission is to not only help you imagine those possibilities, but to bring them to life. I encourage you all to use this conference as your chance to learn how others are re-imagining their future, and hear how we are helping with our technology, our people, and our ecosystem.”

Throughout the two-day conference, several key takeaways were highlighted, including:

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  1. Deliver a meaningful customer experience: Howie Wu, EVP and Head of Product at Seattle Bank, and Peter Longo, Vice President, Product Management at Finastra explained how today’s banking customers are heavily experience-focused, and that two-way engagement is critical to a successful relationship. During a panel discussion, Wu and Longo stressed the importance of simplifying the customer journey and that the key to unlocking innovation is to simply solve common problems.
  2. Data is valuable, but use it wisely: Extracting and utilizing data in an intelligent way can be challenging. To unlock its potential, start small and find the right talent to help interpret the data. Wu noted that starting with one piece of data is key, using credit card transactions as an example. He explained how much can be learned about a customer’s goals and financial journey by analyzing spending patterns.
  3. Combining technology and people to make an impact in the moments that matter: David McCoy, President and CEO at First National Bank and Trust of Beloit, Johnny Brooks, CEO at Citizens State Bank, and Kendell Lewis, EVP Chief Technology & Innovation Officer at United Bank, noted how crucial it is to simply ask customers what they want and to not make assumptions. By actively surveying customers, financial institutions can ensure they are investing in the right technological solutions to meet the needs of their communities. By listening to and understanding common themes that exist amongst customers, industry leaders have an opportunity to make sound investments in technology.
  4. Succession planning for customers: As customers age, financial institutions must create strategies to retain these loyal account holders while also serving the needs of emerging generations. During executive breakout sessions, Johnny Brooks and other industry leaders brainstormed various approaches for using technology to bridge this gap, noting how customer needs are always evolving no matter the generation.  
  5. Agile and adaptable core technology is more important than ever: With technology advancing so quickly, banking leaders discussed how being locked into a core system that cannot evolve to meet customer expectations can create major challenges, highlighting the importance of cloud-based, agile core systems. Participants emphasized how solutions featuring open APIs allow financial institutions to seamlessly integrate new services into their overall service offerings.

Closing out the two-day event, Finastra showcased its commitment to Environmental, Social, and Governance (ESG) values with a volunteer activity alongside the nonprofit organization A Gift for Teaching, benefitting the Foundation for Orange County Public Schools. Ignite! attendees worked together to assemble backpacks filled with supplies for 900 children attending public schools in Florida’s Orange and Osceola counties. Reflecting Finastra’s value of doing well by doing good and being a responsible community partner, the activity aimed to inspire attendees to bring the concept of ESG back to their workplaces and local communities.

“Cooperation, teamwork and shared experiences are among the key differentiators community banks and credit unions use to deliver outstanding products and services to their customers,” said Byron. “Over the past two days, during panel discussions, roundtables and brainstorming sessions, we’ve seen that community spirit in action. I look forward to continuing these incredible conversations and I am tremendously excited to see what we will achieve by working together.”

About Finastra
Finastra is a global provider of financial software applications and marketplaces, and launched the leading open platform for innovation, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing award-winning software solutions and services across Lending, Payments, Treasury & Capital Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as embedded finance and Banking as a Service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by over 8,000 institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com.  

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Blockchain Press Releases

Bybit P2P’s Third Anniversary Celebration Culminates in Rewards Bonanza

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DUBAI, UAE, Jan. 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, officially marks the 3rd anniversary of its P2P platform with a celebration of user achievements. The Grand Finale campaign runs through Feb. 2025, featuring a 100,000 USDT prize pool.

This final reward phase caps off Bybit P2P’s series of festive giveaways that began in late 2024. The platform achieved major milestones in 2024, reaching a single-day record of 400,000 active users and a daily trading volume peak of $130 million, demonstrating its growing appeal among P2P traders globally.

From now to Feb. 28, 2025, Bybit P2P users stand to get to make the most out of their trades and share their achievements for rewards in two events:

  • Trade to Enter the Lucky Draw: Users may sign up for the event, complete simple tasks to qualify for Lucky Draw Tickets. Prizes include Apple products and bonuses in airdrops. First-time depositors will also receive a 10 USDT P2P coupon for the first deposit of 20 USDT.
  • Spread the Joy for More Rewards: Bybit P2P is honoring individual members of the community by introducing the personalized Bybit Annual Report, generated upon request by users. Each Bybit Annual Report showcases the user’s 2024 achievements and performance on Bybit P2P. Eligible users can win from a 10,000 USDT prize pool by sharing their report with the hashtag #BybitP2PTrading and completing a reward redemption form.

“We are bringing the celebrations home with a focus back on our customers,” said Joan Han, Sales and Marketing Director at Bybit. “The rewards and recognition are dedicated to each one of our Bybit P2P users, and we hope to share in a moment of reflection of their trading journey and successes in the past year.”

Bybit P2P is committed to delivering personalized rewards that cater to the unique needs of different user segments. From now to Feb. 11, 2025, the Bybit P2P Peer Spin Carnival is offering a 20,000 USDT prize pool exclusively for select markets in South Asia. This limited-time campaign runs in parallel to the Bybit P2P 3rd anniversary celebrations, where eligible users can win prizes ranging from popular memecoins to 0.001 BTC by simply registering, completing simple tasks, and participating in the lucky draw.

P2P trading helps democratize finance by allowing users to buy and sell cryptocurrencies directly with each other, and on Bybit P2P, using their preferred local payment methods with access to Bybit’s 24/7 user support. Through Bybit’s P2P platform, users from diverse economic backgrounds can participate in the digital economy with minimum intermediaries. Bybit P2P’s user-friendly interface and comprehensive features and offerings continue to serve a thriving global community, making digital assets more accessible to everyone.

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Registration is required, and terms and conditions apply: The Grand Finale: Bybit P2P 3rd Anniversary Celebration.

#Bybit / #TheCryptoArk / #BybitP2P

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

TiltPlay Launches as a Gaming Platform on the Soneium Ecosystem

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“The Game is On”

TAIPEI, Jan. 23, 2025 /PRNewswire/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space.

TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces:

  • Exciting Game Variety: A growing library of casual games designed to challenge and entertain.
  • Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.
  • Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.

“With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.”

TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community.

For more information about TiltPlay, visit TiltPlay.gg.

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Blockchain Press Releases

Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund

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COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.

UNITED STATES OF AMERICA
Before the 
SECURITIES AND EXCHANGE COMMISSION

In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535

This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.

If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).

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The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter:  www.QuantstampFairFund.com/documents.  

To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail.  Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.

You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.

ADDITIONAL INFORMATION

Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.

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Email:               

[email protected]

Call:                 

833-215-6101

Write:               

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Quantstamp Fair Fund

Fund Administrator

P.O. Box 25381

Santa Ana, CA 92799

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