Prometeo’s Ximena Aleman on Open Banking and Latin American Innovation

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As Open Banking becomes more popular in Latin America, Prometeo is well-positioned to be a major player in the space. Prometeo’s partners, a provider of a single API connecting businesses to every bank in 11 countries, include Santander, Bancolombia, Banco de México, and Chile’s Banco… Read More

 

 




Securities Lending Fintech Sharegain Now Live on Pirum TradeConnect

Pirum, the tech partner for securities finance automation and collateral management, announced that Sharegain, a securities lending fintech, has gone live on Pirum TradeConnect. Stuart Jarvis, Head of Strategic Partnerships at Sharegain, said: “Pirum TradeConnect delivers the simplicity and efficiency the market has been waiting… Read More

Singapore Banks Struggle with Client Exodus Amid Record High KYC Failures – Report

Singapore’s banking industry is facing an “unprecedented” challenge as the number of clients abandoning banks due to “slow and inefficient onboarding practices” has surged to record levels, according to research from Fenergo, a global firm focused on client lifecycle management (CLM), Know your Customer (KYC)… Read More

Openbank by Santander Reaches $2B in Deposits in the US

Santander Bank, N.A. (NYSE: SAN) announced that the Openbank digital bank platform topped $2 billion in total deposits since going to market in the United States in the fourth quarter of 2024. This achievement is said to represent a key milestone in the Santander US… Read More

iCapital Launches Portfolio Construction Solutions to Simplify Alternative Investment Integration for Wealth Investors

iCapital, the global fintech platform driving the alternative investment marketplace for the wealth and asset management industries, announced a series of enhancements to its portfolio construction tool, iCapital Architect. The toolkit arms financial advisors with education and analytics and also provides the iCapital Architect technology… Read More

CFTC Acting Chair Disavows Regulation by Enforcement, Will Now Focus on Fraud

Acting CFTC Chairman Caroline D. Pham says there will be no more “regulation by enforcement.” This term has been widely utilized to describe regulatory activity in financial services during the Biden Administration. More specifically, the rise of digital assets created policy hysteria with the government…. Read More

Crypto Market Report: Spot ETFs and Analytics Platforms are Improving Trading, Investing Experience

As part of Gemini’s mission to offer “trusted” information to institutional and retail investors, they have released a crypto trends report, “2025 Trends: Data-Driven Insights Into the Crypto Market,” in collaboration with Glassnode, an analytics firm specializing in on-chain assets. Gemini states that the report… Read More

FDIC Release Documents Related to Crypto Related Actions

This week, Congress is busy holding hearings on Debanking and other nefarious actions taken by federal regulators targeting the digital asset sector during the Biden Administration. Crypto firms have struggled in the US to gain regulatory clarity from the government, which sought to undermine crypto… Read More

Malware Report: Crypto Stealing Trojan Discovered by Kaspersky in AppStore and Google Play

Kaspersky Threat Research expertise center has discovered a new data-stealing Trojan, SparkCat, active in AppStore and Google Play since at least March 2024. This is said to be the “first known instance” of optical recognition-based malware appearing in AppStore. Kaspersky said they found comments in… Read More

R3 Works with IDEMIA Secure Transactions on CBDCs

R3, the creator of Corda, a permissioned blockchain for tokenizing assets, has announced a partnership with IDEMIA Secure Transactions (IST) to boost its ability to issue central bank digital currencies (CBDCs). IDEMIA is a provider of payments and connectivity solutions that can also handle offline… Read More

Bank of England Cuts Rates by 25 BPS, CPI Inflation 2.5% in 2024 Q4

The Bank of England has cut benchmark rates by 25 basis points to 4.5%, a move anticipated by markets. The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024,… Read More




Online Banking : BMO Launches BMO Sync, Streamlining Operations for Businesses with Embedded Solutions

BMO, in partnership with FISPAN, announced the launch of BMO Sync, a solution that integrates BMO Online Banking for Business services into Enterprise Resource Planning (ERP) and accounting systems such as QuickBooks Online, Sage Intacct, and other leading ERPs. This solution enables Online Banking for… Read More

Fintech DailyPay Teams Up with goHappy to Help Workers Access Earned Wages

DailyPay, a worktech and provider of earned wage access and goHappy, the provider of frontline employee engagement solutions, announced a partnership designed to simplify frontline workers’ access to their earned wages. The partnership speaks to DailyPay’s commitment to making it easier for daily workers to… Read More

Galaxy to Offer Digital Assets Staking via BitGo

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced it is now included in the set of staking providers integrated with BitGo Trust Company, Inc., a provider of digital asset custody services, enhancing how investors optimize their staked digital assets. This partnership combines Galaxy’s blockchain infrastructure, lending… Read More

Switzerland’s SIX Stock Exchange Enhances Asian Market Data Access with ThaiQuest Partnership

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the financial data and market infrastructure provider, to access market data from SIX and enhance its financial information business. As explained in the announcement, ThaiQuest will gain access to the SIX financial… Read More

Chainalysis Introduces Enhancements to Assist Organizations with Know Your VASP Processes

Chainalysis explained that Virtual Asset Service Providers (VASPs) play a crucial role in the cryptocurrency landscape by providing services that facilitate the use and “adoption of digital assets by retail and institutional customers alike.” From exchanges to custody providers to payment processors, VASPs are helping… Read More

UK Households are Paying £1300+ a Year in Unnecessary Interest Payments – Report

Data from Experian finds that over 10 million people who hold a credit card with interest may be able to save “£1,391.69 in interest payments” annually by switching their existing balances to a balance transfer card (BT card) with a better deal. Experian’s data reveals… Read More

Adyen Selects Yapily to Provide Data Services for European Merchants

Adyen (ADYEN:AMS), one of Europe’s financial technology companies, has started using Yapily‘s account information services (AIS) to power their merchant services. Yapily will enable Adyen to deliver a better onboarding experience for customers while improving their account verification processes. Merchants that use Adyen’s services can now… Read More

Insurtech Cowbell Launches Resiliency Services to Support Businesses as AI-Powered Cyber Threats Increase

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, launched a Cowbell Resiliency Services (CRS) unit in response to a rise in the frequency, severity, and diversity of cyber threats as a “complement” to its existing risk management program…. Read More

Algebrik AI and Plaid to Streamline Loan Approvals with Enhanced Data Connectivity

Algebrik AI, a cloud-native, AI-powered loan origination platform, has announced a partnership with Plaid, a data network powering the digital financial ecosystem. This collaboration aims to transform the loan origination process for credit unions and financial institutions by integrating Plaid’s consumer-permissioned data with Algebrik’s platform…. Read More

Eastnets Introduces KSA Swift Service Bureau Supporting Saudi Arabia’s Vision 2030 Financial Transformation

Eastnets, a global firm enabling and supporting compliance, payments, and cloud solutions, has launched a SWIFT Service Bureau in the Kingdom of Saudi Arabia (KSA). Designed to empower institutions with compliant solutions, the Eastnets KSA Service Bureau delivers seamless SWIFT connectivity, cloud-enabled operations, and “adherence… Read More

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