May 22, 2025 @ 6:18 pm By Omar Faridi  |  

IBM (NYSE: IBM) announces its collaboration with Pan Asia Banking Corporation PLC of Sri Lanka to modernize the bank’s digital infrastructure and deliver faster, more secure banking services across Sri Lanka. Banks in Sri Lanka are undergoing transformations to meet “the needs of new and… Read More

May 22, 2025 @ 3:28 pm By Michael Wong  |  

Asia Pacific’s commercial real estate market posted a strong start to the year, with investment volume rising 11% year-on-year to US$33 billion in the first quarter of 2025, according to CBRE’s latest Asia Pacific Cap Rate Survey. The bi-annual report captures investor sentiment, cap rate… Read More

May 22, 2025 @ 11:20 am By Michael Wong  |  

Clair, a Fintech startup enabling bank-originated Earned Wage Access (EWA) for employees across the US, has raised $23.2 million in a Series B round led by Upfront Ventures, according to an announcement. The round, which was also backed by backer Thrive Capital and others, brings… Read More

May 22, 2025 @ 11:13 am By Omar Faridi  |  

Every day, thousands of CFOs and treasurers use QR code technology to sign-in to CashPro, Bank of America‘s (NYSE: BAC) digital banking platform accessed by more than “40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform… Read More

May 22, 2025 @ 10:23 am By Omar Faridi  |  

Bprotocol Foundation, a non-profit foundation dedicated to promoting the development and adoption of the Bancor Protocol, and LocalCoin Ltd., the original developer of the Bancor Protocol, announced that they have filed a lawsuit in the United States District Court for the Southern District of New… Read More

May 22, 2025 @ 10:15 am By Omar Faridi  |  

Bitcoin Suisse, the Swiss crypto financial service provider, is pleased to announce that its subsidiary BTCS (Middle East) Ltd. has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. This milestone represents “a step forward in Bitcoin Suisse’s strategic expansion,… Read More

May 22, 2025 @ 9:14 am By Omar Faridi  |  

Crypto.com announced that it had secured a Markets in Financial Instruments Directive (MiFID) license after receiving approval of its acquisition of A.N. Allnew Investments Ltd from the Cyprus Securities and Exchange Commission (CySEC). Allnew is licensed by the CySEC to provide “investment and ancillary services… Read More

May 22, 2025 @ 8:45 am By Omar Faridi  |  

Point of sale (POS) innovator Yabie announced a strategic partnership with Worldpay to power the merchant business tools within Worldpay 360, a new all-in-one business management and payment solution tailored specifically for small and medium-sized enterprises in the UK. The UK collaboration will help “deliver… Read More

May 22, 2025 @ 8:27 am By Michael Wong  |  

A sweeping new report from KPMG and Melbourne Business School finds a widening gap between public trust and the rapid adoption of artificial intelligence (AI), as nearly 87% of global respondents call for stronger regulation amid rising concerns about misinformation and ethical usage. Titled Trust,… Read More

May 22, 2025 @ 8:12 am By Omar Faridi  |  

Schuman Financial announced a native integration of its MiCA-compliant euro stablecoin EURØP onto the XRP Ledger (XRPL). This marks a step toward “bringing compliant euro-denominated stablecoins into active use on one of the world’s most widely used blockchains.” EURØP is a fully euro-backed and redeemable… Read More

May 22, 2025 @ 8:11 am By Michael Wong  |  

Airwallex, a global payments and financial platform, has secured $300 million in a Series F funding round, lifting its valuation to $6.2 billion and further solidifying its position as one of the world’s most valuable Fintechs. The round includes $150 million in secondary share sales… Read More

May 22, 2025 @ 8:09 am By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) marks CoinShares expansion of its Swedish XBT Provider Platform and the launch of seven new physically-backed crypto Exchange Traded Products (ETPs). Helena Wedin, Head of ETF and ETP, Nasdaq European Markets said: “We are happy to welcome CoinShares as ETP provider through… Read More

May 22, 2025 @ 2:13 am By Omar Faridi  |  

World has reportedly raised $135M from Andreessen Horowitz and Bain Capital Crypto to fund network expansion. To date, more than “26M users participate in the World network and more than 12.5M people have an Orb-verified World ID.” To meet increasing demand for Orb-verified World IDs… Read More

May 22, 2025 @ 2:09 am By Omar Faridi  |  

FIS (NYSE: FIS), a global firm focused on financial technology, announced a strategic partnership with Letskipp Ltd. (Kipp), a collaboration platform for card issuers and merchants, to introduce a non-sufficient funds (NSF) authorization solution to its debit clients. This offer is designed to combat the… Read More

May 21, 2025 @ 10:13 pm By Tony Zerucha  |  

Billtrust, a B2B order-to-cash and digital payments provider, has announced a series of AI advancements. The company’s AI solutions derive their intelligence from a large network of buyer-supplier relationships, creating a virtuous cycle of continuous learning and improvement. A multi-agent AI ecosystem uses specialized agents that collaborate… Read More

May 21, 2025 @ 6:16 pm By Omar Faridi  |  

Capital One Financial Corporation (NYSE: COF) announced that it has completed its acquisition of Discover Financial Services. Richard D. Fairbank, Founder and CEO of Capital One said: “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences… Read More

May 21, 2025 @ 5:18 pm By Omar Faridi  |  

Chainlink, the so-called “backbone” of blockchain, announced that Chainlink’s Cross-Chain Interopability Protocol (CCIP) is officially live on Solana Mainnet—the non-EVM chain to feature CCIP’s v1.6 upgrade. CCIP is the standard for cross-chain interoperability, “supporting 57+ blockchains and enabling the secure transfer of value and data… Read More

May 21, 2025 @ 4:55 pm By Omar Faridi  |  

Wealthfront, a tech-driven financial platform, continues to solidify its position as a partner for young professionals seeking to transform their savings into long-term wealth. Recent updates, including a refined investment strategy / philosophy and the appointment of legal executive Michelle Wilson to its Board of… Read More

May 21, 2025 @ 4:41 pm By Omar Faridi  |  

Crestline Investors, Inc., a global alternative investment manager, announced the final close of Crestline Direct Lending Fund IV, with $3.5bn of investable capital across the Fund, related vehicles and anticipated leverage. Crestline’s direct lending strategy provides “tailored financing solutions to sponsor and non-sponsor backed companies… Read More

May 21, 2025 @ 4:37 pm By Omar Faridi  |  

Issuer processing Fintech Enfuce unveils the Fortitude Pledge, a compliance and security standard, that aims to “eliminate 100% of financial crime risks across all Enfuce-processed card transactions.” Because aiming to stop “100% of human trafficking, money laundering, and terrorist financing is not optional—it’s essential.” Anything… Read More