Categories: Cryptocurrency

RiskCapCom and Apollo Fintech Announce Strategic Partnership

Risk and Capital Compliance Solutions (RiskCapCom), a RegTech firm, has announced its partnership with Apollo Fintech (a leading blockchain innovator that offers fintech solutions) to acquire and bid blockchain-powered contracts in Asia, Middle East, Africa, and other global locations.

This integration will help to develop a fully integrated compliance solution and reporting system for crypto-based organizations. It will be the world’s first banking compliance solution backed by CBDC (Central Banking Digital Currency) and E-Government solutions. Both the platforms verged forward to provide robust RegTech and Fintech solutions to the global blockchain industries.

CBDC has the potential to power an economy, and therefore, the Pacific governments are on the verge of exploring new ways to adapt the compliance management and reporting software solutions, which will help to build a cashless economy in the days to come.

RiskCapCom is an Australian fintech organization that offers compliance management and reporting system for various central banks and commercial banks. It has recently deployed a compliance and reporting system in the Central Bank of Russia that manages over 800 banks. RiskCapCom has also deployed its indigenous software solutions in banks of Hong Kong, New Zealand, Australia, Saudi Arabia, amongst others.

Apart from strengthening the global financial sectors and increasing the finance sectors’ compliance quality and crypto-based organization, this partnership between the two leading firms (Apollo Fintech and RiskCapCom) will help reduce bureaucracies, thereby strengthening the global economy at large.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

Recent Posts

Bitcoin Rallies at 50K: Corporates Flocking Together

It is not a secret that Elon Musk, the world’s richest man and business tycoon…

3 hours ago

Swingby to integrate Chainlink’s solutions on Skybridge

Swingby Protocol announced the integration of Chainlink’s oracle solutions- Price Feeds and Proof of Reserves…

5 hours ago

Leading On-Chain Option trading protocol Oddz Finance announces its public distribution IDO on Polkastarter

Oddz Protocol is a trustless On-Chain Option trading platform that expedites the execution of call…

2 days ago

Iran Lends Plans to Engage in Bitcoin Mining To Avoid International Sanctions

The Iranian Center for Strategic Studies has released a detailed report highlighting the urgency for…

3 days ago

Evolution Finance Teams Up With PAID Network To Support DeFi

PAID Network has entered into a strategic partnership with Evolution Finance, a portal for DeFi…

3 days ago

Ripple Marches Towards New Project for Central Banks

Ripple, a global payments solution provider, made an official announcement about its new endeavor that…

4 days ago