Breaking News: SVB (Startups); GOLDMONEY (BitGold); WU (competition); and CORP INSIGHT (awards).
SVB – Silicon Valley Bank and MasterCard have selected four startups to participate in the fourth class of Commerce.Innovated., a virtual accelerator designed to help commerce startups grow their businesses. From mobile lending to instant authentication and identity checks, the new class is developing innovative solutions for businesses in the digital age. As part of Commerce.Innovated., the four startups will go through the four-month virtual program that provides resources to help refine and enhance their business ideas through access to operational expertise from Silicon Valley Bank, MasterCard and their respective networks.
GOLDMONEY – GoldMoney announces engineering completion and launch of three core updates to the BitGold platform: Expanded account types, enabling a private beta launch of BitGold for Businesses and BitGold Pay merchant features; Personal Verified Account features, part of an upgraded account onboarding experience, enabling additional verification and transaction security – streamlining future integrations with additional payment features; and
Integration with Dillon Gage, expanding physical bullion redemption options to include traditional bars and sovereign coin minted products, broadening global distribution capability for redemptions, and enabling a framework for physical gold deposits at a future date.
WU – Western Union announced its Chain of Betters Competition, which funds projects that make lasting positive change for individuals and communities around the world, has selected the first 10 winners, and has expanded the program from 20 countries to a total of 128 countries worldwide.
CORP INSIGHT – Corporate Insight, the leading provider of competitive intelligence and user experience research to the financial services industry, announced the release of its annual Monitor Awards from 2015, including major trends from the year in online and mobile innovation. For more than 15 years, Corporate Insight has presented its annual Gold, Silver and Bronze awards to recognize the most innovative and valuable digital offerings in the annuity, banking, brokerage, credit card, insurance, retirement and asset management industry segments.