Figure's Banking in a Box Platform is Built on the Provenance Blockchain
SAN FRANCISCO, Aug. 10, 2022 /PRNewswire/ -- Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announced a new collaboration with Visa to provide issuing processor services via Figure's blockchain-based Banking in a Box platform.
Visa DPS, used by financial institutions around the globe, will be a key component of Figure's online banking service, known as Banking in a Box, which allows Figure Pay customers to add eligible deposit accounts, payments, and cards to any existing online retail, fintech, or banking offerings. Through Figure Pay, companies can rapidly get to market with innovative payment, banking, and card solutions, leveraging the Provenance Blockchain, a production blockchain built specifically for the financial services industry.
"Having worked in this space for many years, I knew that there was an opportunity to build a streamlined...
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