#Proprietary risk engine singapore trial#

Prior to Marimba, Tom was the vice president of worldwide sales for Spyglass. Tom joined Marimba as the fourteenth employee and was involved in all areas of the company's growth through its successful public offering in April 1999. Most recently, he was the vice president of business development for Marimba. Tom Banahan is a Partner at Tenaya Capital, and he has been a member of the Tenaya investment team since 1999.

Clayton also advised a number of individuals in connection with their public and private investments as well as transition matters. He was a lead lawyer in an array of complex M&A and capital markets transactions, as well as regulatory and governance matters, in the financial, telecoms, energy, transportation and e-commerce sectors. Prior to Clayton’s government service, he spent over 20 years at Sullivan & Cromwell where he was a member of the management committee, co-managing partner of the General Practice Group and co-head of the Cybersecurity Group. Clayton was an active member of the Financial Stability Board, the International Organization of Securities Commissions, the Financial Stability Oversight Council and the President’s Working Group on Financial Markets. In addition, under his leadership, the women and men of the SEC addressed various market developments and emerging risks, including the 2020 COVID-19 economic shock, the digitization of securities and other assets, the Brexit and LIBOR transitions, and various cybersecurity matters. Clayton focused on modernizing the regulation and oversight of our equity and fixed income markets, concentrating on the interests of long-term investors. Securities and Exchange Commission from May 2017 to December 2020.

#Proprietary risk engine singapore trial#

“We enable merchants and exchanges to recognize unconfirmed Bitcoin, Bitcoin Cash and Bitcoin SV transactions as final using a proprietary risk engine, which analyzes and performs live risk scoring for each transaction as it reaches the mempool,” explains GAP600 Founder and CEO, Daniel Lipshitz.įollowing a seamless set-up and trial period during which Alchemy tested the solution on transactions, the partners were able moved into production.Jay Clayton Former Chairman of the U.S. We discovered GAP600 while searching the industry for adequate solutions and it aligned precisely with our requirements,” explains Liang Chuan, CTO of Alchemy. “We were looking for ways to expedite cryptocurrency transactions to enhance the user experience and mitigate risks during periods when transactions are pending. The GAP600 solution builds on that value proposition by facilitating instant, risk-mitigated cryptocurrency commerce. In this regard, the Alchemy Hybrid Payment Solution is already a game-changer because it creates real-world use cases by allowing crypto holders to spend their cryptocurrencies on goods and services – propeling cryptocurrencies towards becoming a global currency.” “We believe that the usage of cryptocurrencies as a method of payment will be a huge market in the years to come. Patrick Ngan, Co-Founder and CEO of Alchemy, believes this is a significant step towards driving mainstream cryptocurrency payment adoption and usage. Most recently, the company announced a partnership with GAP600, an enabler of instant and secure cryptocurrency transactions that elevate the customer experience for users when transacting with cryptocurrencies.

Alchemy is already integrated with industry-leading crypto exchanges, OTC platforms, cryptocurrency issuers and crypto wallet providers and is in continuous discussions with industry players to further enhance its Hybrid Payment Solution. Other high profile partners include ANA Holdings, the largest airline operator in Japan, which will deploy the hybrid payment solution across its ecommerce and retail stores across Japan as well as CÉ LA VI which operates Singapore’s iconic rooftop bar at Marina Bay Sands and has plans to deploy the payment solution across the CÉ LA VI group’s outlets globally.Īs part of its strategy to drive cryptocurrency usage, Alchemy will continue to integrate new and popular cryptocurrencies, and plans to extend its global footprint to new countries and regions, including South Korea, the Philippines and Thailand. Since its August launch, the solution has witnessed steadfast adoption by Hong Kong’s retail chain giant, Pricerite.