Rich Robinson, Chairman of ISITC, Shares Insights on T+1 Settlement Shift

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  Now that we’re into the T+1 settlement transition, the industry has gained enough experience to share meaningful observations about what this change has meant for market participants. Rich Robinson, chairman of ISITC, a securities industry standards group,Ā  has been closely engaged with member firms… Read More

 

 




IBM and Pan Asia Banking Corp of Sri Lanka to Modernize Bank’s Digital Infrastructure

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

Asia Pacific Real Estate Investment Rises 11% in Q1 as Investors Navigate Tariffs, Cap Rate Divergence

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

Fintech Startup Clair Raises $23.2M to Expand Earned Wage Access Offering

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

Digital Banking : QR Sign-Ins Surge 60% on Bank of America’s CashPro Platform

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

Bancor Files Patent Infringement Lawsuit Against Uniswap Over Unlicensed Use of Foundational Tech Behind Decentralized Exchanges

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

Bitcoin Suisse Secures In-Principle Approval from ADGM’s Financial Services Regulatory Authority

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

Crypto.com Obtains MiFID License to Expand Traditional Investment Services Offering Across Europe

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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

Worldpay Teams Up with Yabie to Streamline Payments for UK SMBs

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

KPMG Survey Reveals Deep Trust Gap in AI Despite Surging Adoption

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

Schuman Financial’s EURƘP Now a MiCA-Compliant Euro Stablecoin Integrated on XRP Ledger

Schuman Financial announced a native integration of its MiCA-compliant euro stablecoin EURƘP 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.” EURƘP is a fully euro-backed and redeemable… Read More




Fintech Firm Airwallex Raises $300M in Series F, Hits $6.2B Valuation

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

Nasdaq Stockholm Welcomes CoinShares’ Expanded XBT Platform

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: ā€œWe are happy to welcome CoinShares as ETP provider through… Read More

World Announces $135M in Funding from Andreessen Horowitz, Bain Capital Crypto

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

Fintech FIS Teams Up with Kipp to Prevent Card Declines, Unlock Revenue for Debit Issuers

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

Billtrust Announces AI Product Enhancements

Billtrust, a B2B order-to-cash and digital payments provider, has announced a series of AI advancements. The company’sĀ AI solutionsĀ 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

Capital One Completes Acquisition of Discover Financial Services

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: ā€œThis deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences… Read More

Chainlink CCIP Is Live on Solana, Enabling the Growth of Solana DeFi

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

Wealthfront Shares Investment Strategy, Announces Leadership Addition

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

Crestline Investors Raises $3.5B for Fourth Flagship Direct Lending Fund

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

Issuer Processing Fintech Enfuce Aims to Eliminate Financial Crime Risks Associated with Card Transactions

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

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