Omar Faridi

REX-Osprey Set to Launch Ethereum and Solana Staking ETFs as SEC Signals Approval

In a significant development for the cryptocurrency investment landscape, REX Financial and Osprey Funds are on the cusp of launching the firststaked Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs) in the United States. According to recent reports, the U.S. Securities and Exchange Commission (SEC)… Read More

BNP Paribas Expands Securities Services Activity via Acquisition of HSBC’s Custody Unit in Germany

BNP Paribas announces that its Securities Services business, a global custodian with EUR 14.3 trillion in assets under custody1, has entered an agreement with HSBC for the acquisition of the custody and depositary bank business of HSBC Continental Europe S.A., Germany, “subject to regulatory approvals.”… Read More

Schroders Pension Scheme Enhances Private Markets Exposure with New Investment

The Defined Contribution (DC) section of Schroders Retirement Benefits Scheme (SRBS) has allocated £48m, (20% of the default growth fund), to the Schroders Capital Climate+ LTAF as it looks to provide greater diversification benefits and access to the robust returns private markets can deliver for… Read More

payabl. and ClearBank to Streamline UK Payments Services

European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses. Through this collaboration, payabl. now provides “businesses with seamless access to all major UK payment schemes –… Read More

European Banking Platform CaixaBank Issues $3B in First Triple-Tranche Transaction in US Market

CaixaBank has completed its first triple-tranche debt issuance in U.S. dollars in the American market, marking the bank’s fourth visit to the U.S. capital markets. The first tranche was a 11-year senior non-preferred bond “amounting to USD 1 billion, with an early redemption option in… Read More

Australia’s CommBank Leverages AI-enhanced Intelligence to “Outsmart” Scammers

Commonwealth Bank of Australia (CommBank) unveiled a new weapon in the fight against scams: a fleet of thousands of AI-powered bot profiles, deployed by Apate.ai – a cyber-intelligence firm and spin-out from Macquarie University. These AI-bots are engineered to engage scammers, gather critical intelligence and… Read More

Cross-Border Payments Ecosystem Continues to Mature with Shifting Consumer Demands : Thunes

A new Money Without Borders report from Thunes, the so-called Smart Superhighway to move money around the world, highlights how evolving consumer demands, especially among diaspora communities, are reshaping the future of cross-border payments. The findings indicate the significant “potential of emerging technology such as… Read More

Regtech Sumsub and Data Zoo to Improve Compliance and Fraud Prevention Solutions

Regtech Sumsub has partnered with Data Zoo, a global provider of authoritative business and customer identity verification data, to support financial institutions worldwide with their compliance processes. Sumsub and Data Zoo will collaborate in “multiple markets, offering Sumsub’s full compliance suite of verification and anti-fraud… Read More

European Firms Should Enable AI Adoption to Address Productivity Gap : Accenture

European companies must strengthen the capabilities needed to scale AI faster if they are to “address the growing productivity gap and enhance the region’s overall competitiveness,” according to a report released by Accenture (NYSE: ACN). The study highlights that the average European worker “now produces… Read More

CAIS Introduces BlackRock, Carlyle, Franklin Templeton, KKR Model Portfolios

CAIS, the alternative investment platform for financial advisors, today announced the first in a growing series of investment models—developed by BlackRock, Carlyle, Franklin Templeton, and KKR—onto the CAIS Models Marketplace. As recently announced, advisors can now “leverage single-click model allocations across private and registered funds, for… Read More

Digital Bank Revolut Announces Acquisition of Argentina’s Banco Cetelem

Digital bank Revolut has announced its acquisition of Banco Cetelem Argentina, a modest local lender owned by French banking giant BNP Paribas. This deal marks Revolut’s entry into Argentina, South America’s second-largest economy, and underscores its strategy to penetrate emerging markets. The acquisition, reported by… Read More

Robinhood Expands Crypto Offerings with Micro Futures for XRP and Solana

In a move to democratize access to cryptocurrency derivatives, Robinhood (NASDAQ: HOOD) has introduced micro futures contracts for XRP, Solana, and Bitcoin Friday futures, following the relisting of these tokens on its U.S. trading platform. This development marks a significant step in making crypto trading… Read More

PayPal and Venmo Introduced By Taco Bell as In-App Payments Options

PayPal (NASDAQ: PYPL) announced it has teamed up with Taco Bell to deliver a fast, secure, and deliciously rewarding way to pay in the Taco Bell app and website. Now, Taco Bell customers can choose to pay with PayPal or Venmo, giving them “more choice… Read More

FourTwoThree to Enable Sustainable Transition for SME Businesses Worldwide

FourTwoThree, the smart climate action platform, is launching with strategic investment from NatWest Group, NAB and SC Ventures . The platform will connect enterprise organisations and their SME value chain networks to collaboratively “measure, understand, and take action to reduce their aggregate climate impact effectively.” The University of Cambridge recently… Read More

BBVA Introduces 100% Digital Bank in Germany

In Frankfurt, BBVA officially launched its new digital bank in Germany. It combines technology, through one of the most widely-used financial apps in the world, with a new value proposition: an “interest-bearing checking account paying three percent for the first 12 months, and a debit… Read More

German Companies Reportedly Embrace Digital Transformation and Target India for Strategic Investments

In an evolving global business landscape, German companies are doubling down on digital transformation and diversifying their investment strategies to navigate geopolitical uncertainties. Two recent studies by KPMG, in collaboration with key industry partners, highlight these trends, showcasing how German firms are prioritizing innovation and… Read More

Fintech Ripple Expands Multichain Interoperability Infrastructure with Wormhole Integration

Ripple has noted that as tokenized assets and stablecoins gain momentum, financial infrastructure must evolve to support “movement across blockchain networks.” Institutions increasingly demand digital assets that can “move securely and efficiently, without added complexity, risk, or liquidity fragmentation.” To help meet this demand, Ripple… Read More

Nasdaq, QCP Set Standard of Capital Efficiency by Connecting Canton Network to Nasdaq Calypso

Nasdaq (Nasdaq:NDAQ) announced it has facilitated end-to-end margin and collateral workflows on the Canton Network, connecting the blockchain-based technology to Nasdaq Calypso. The use case was developed in partnership with QCP, Primrose Capital Management and Digital Asset, “to demonstrate that the integration of on-chain capabilities… Read More

US Retail Workers Say On-Demand Pay Would Help Improve Personal Finances : DailyPay

Retail workers across the country continue to face the challenge of paying bills on time with continued stubbornly high inflation, according to a new study from Talker Research, commissioned by DailyPay. However, most of the retail workers polled “say On-Demand Pay would help improve their… Read More

Fintech Airwallex Gains Momentum in Canada as Demand for Global Payments Surges

Airwallex, a global payments and financial platform, announced significant momentum in its Canadian operations, demonstrating rapid growth in revenue and customer base and strong product-market fit among Canadian businesses on the international stage. In the past 12 months, Airwallex has seen a “390% growth in… Read More

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