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Blockchain

Biconomy, a Leading Cryptocurrency Exchange from Canada, and Brainpay Jointly Released Innovative e-Wallet Solutions

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Toronto, Ontario–(Newsfile Corp. – November 3, 2021) – On November 3rd, in Toronto, Canada, Biconomy announced the establishment of strategic cooperation with Brainpay, a Latin American electronic payment solution provider. The strategic cooperation includes multifaceted cooperation to help businesses and users in North America, Europe, Asia, Middle East and other regions, to enjoy more convenient solutions and services for the integration of cryptocurrency and legal currency.

Biconomy announced that this cooperation further expands the possibilities for the development of financial services such as “Crypto as Service” in the Biconomy business ecosystem, helping more merchants and users to access cryptocurrency functions in a more convenient and faster way. With the support of Brainpay, Biconomy will launch an independent e-wallet for consumers around the world. Consumers can purchase, sell, and hold digital assets through the custodial wallet, and can also apply for physical debit and credit cards based on the Visa and Master payment networks.

Dmitriy Sheludko, CEO of Biconomy, said that the proposal of Biconomy’s “Crypto as Service” financial solution is to further meet the needs of community users. “Our business ecology and community development are inseparable. We can see Every great business is built on the basis of a strong user community. This is especially true in the post-Internet era. Young people hope that their community can integrate more convenient services. Therefore, the Biconomy IT team has made unimaginable efforts and given up rest time in order to better and quickly launch high-quality services to community users.”

“In addition to providing services to the Biconomy community, we will empower e-wallets and global payment services to all blockchain innovation companies in the Biconomy ecosystem, so that they have global payment capabilities since their birth. After geographical restrictions, members of our ecology will move towards a broader global market and develop their own global communities more freely,” emphasized Dmitriy Sheludko.

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According to the information released by Biconomy, with the support of their partners, they plan to launch the Biconomy e-wallet on the Google Store and Apple Store before the end of 2021 to realize the in-wallet exchange between BIT token and legal currency. At the same time, the exchange function between mainstream Stablecoin and local legal tender will be launched in major countries around the world.

As global payment giants such as Visa and Master continue to deploy in the cryptocurrency field, large international exchanges have also launched various payment-related services based on electronic wallets. It is understood that exchanges such as Binance, Biconomy, and Coinbase are also expanding the possibility of integrating loyalty solutions with traditional merchants, including hotels, luxury jewelry brands, and airlines.

Join Biconomy Exchange Social Networks:

https://t.me/Biconomy_Global
https://twitter.com/Biconomy_Global
https://www.facebook.com/BiconomyGlobal
https://www.youtube.com/channel/UCUr7xvFfBy8zQR0EB_cbjBQ

Website: https://biconomy.com/
Contact: [email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101888

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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