PwC launches Vulcan, its FinTech offering

PwC announced Monday the launch of a new FinTech offering dubbed Vulcan Digital Asset Services. The service enables digital assets to be used for banking, commerce and other asset-related services, PwC said in a press release. The services that fall under Vulcan include digital asset wallets, international payment processing and investment and trading services. Coming soon are point-of-sale and merchant services. PwC will also launch the ability to create and support native digital currencies, as well as rewards-based systems. The consulting firm noted Vulcan had garnered a lot of attention ahead of the launch. Vulcan is currently being tested by an international banking firm, as well as an unnamed central bank. Read more: