June 7, 2025 @ 5:36 pm By Omar Faridi  |  

KPMG has noted that generative AI is becoming an integral part of German companies. KPMG also recently mentioned that “91% of companies now see it as crucial to their business model and future value creation – compared to 55% in the previous year.” This was… Read More

June 7, 2025 @ 5:30 pm By Omar Faridi  |  

To facilitate the development and deployment of generative AI use cases in its businesses and functions, BNP Paribas has designed and deployed an internal LLM as a Service platform. Operated by the Group’s IT teams, this technology, allows each entity to access a selection of… Read More

June 7, 2025 @ 5:26 pm By Omar Faridi  |  

Trumid, a financial technology company and fixed income electronic trading platform, has recently announced its trade volume as well as overall user participation highlights for May 2025. Key May highlights from Fintech firm Trumid are as follows: May marked another strong month of growth and… Read More

June 7, 2025 @ 12:42 pm By Omar Faridi  |  

Metro Bank has launched a new commercial mortgage, offering an 85% loan-to-value (LTV) for loans up to £5 million. The loan is open to all businesses in England and Wales “with at least two years trading history.” Metro Bank also launched its 75% LTV commercial… Read More

June 7, 2025 @ 12:41 pm By Omar Faridi  |  

British shoppers refuse to be parted from physical payments cards, despite the popularity of digital services like Apple Pay and Google Pay, new figures from ad enabled payments company Zilch reveal. The research findings from a Zilch poll come as Zilch launches its “first physical… Read More

June 6, 2025 @ 5:56 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention, announced the launch of Feedzai IQ, a new family of solutions that enables network fraud intelligence without compromising customer privacy. Leveraging insights from hundreds of FIs across four continents and “over $8 trillion in annual… Read More

June 6, 2025 @ 5:31 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, announced it has secured the 50 licenses it requires to operate in the United States. This marks a milestone following its recent Series D funding round and reinforces Thunes’ commitment to “scale at pace… Read More

June 6, 2025 @ 5:30 pm By Omar Faridi  |  

In a bid to accelerate the integration of Artificial Intelligence (AI) across the bank, CommBank has completed migrating its data platform to Amazon Web Services (AWS), its cloud provider. The scalable data platform will integrate with other channels across the bank to help “drive faster,… Read More

June 6, 2025 @ 4:49 pm By Omar Faridi  |  

Ctrl Alt, a tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP). Notably, Ctrl Alt claims it is the first VASP authorized to conduct issuer-related services. This milestone marks a… Read More

June 6, 2025 @ 4:45 pm By Omar Faridi  |  

Anchorage Digital is pleased to announce support for Derive, the decentralized exchange enabling capital-efficient on-chain options. Institutions trading on Derive can now “secure their balances on Derive via Porto, their institutional self-custody wallet.” Derive is purpose-built for professional traders, “offering portfolio margin, capital-efficient spreads, and… Read More

June 6, 2025 @ 4:06 pm By Omar Faridi  |  

CertiK noted that earlier this year, the U.S. Treasury Department made a groundbreaking decision to lift sanctions on Tornado Cash, an Ethereum-based cryptocurrency mixing service that had been a lightning rod for controversy since its sanctioning in 2022. Originally blacklisted by the Office of Foreign… Read More

June 6, 2025 @ 1:40 pm By Omar Faridi  |  

European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending. Virtual cards are a digital alternative “to physical credit or debit cards, offering real-time issuance, customisable limits,… Read More

June 6, 2025 @ 1:03 pm By Omar Faridi  |  

Iress announced that 26 Degrees Global Markets, the multi-asset prime broker, has added the QuantHouse Cboe One Feed to its US equity data coverage, expanding its US trading capabilities and enhancing its offering for retail brokers seeking ‘out of hours’ access to US markets. The… Read More

June 6, 2025 @ 1:02 pm By Omar Faridi  |  

ThetaRay, a global firm focused on Cognitive AI financial crime compliance, and Spayce, a cross-border payments platform, announced a partnership to combat evolving financial threats and enhance global payment security. The announcement comes at a time “when the financial crime landscape is undergoing a transformation.”… Read More

June 6, 2025 @ 11:41 am By Omar Faridi  |  

TransactPay, a provider of UK & European BIN sponsorship and modular payment, debit, credit and prepaid services, has partnered with Griffin, the UK’s bank for fintechs and platforms. This partnership strengthens TransactPay’s banking infrastructure and enhances its “product offering for card programs in the UK.”… Read More

June 6, 2025 @ 10:42 am By Omar Faridi  |  

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, released its latest fixed income momentum indicators, highlighting growth in electronic trading volumes, protocol usage, and automation across its TradeSmart platform. The data, captured from TradeSmart’s Fixed Income EMS,… Read More

June 6, 2025 @ 10:23 am By Omar Faridi  |  

The cryptocurrency market continues to evolve at a rapid pace, and leverage remains a critical component of its ecosystem. Galaxy Research’s Q1 2025 report, The State of Crypto Leverage, provides a comprehensive analysis of the shifting dynamics in crypto-collateralized lending, decentralized finance (DeFi), centralized finance… Read More

June 6, 2025 @ 10:22 am By Omar Faridi  |  

PEXA, the digital property exchange platform, announces the completion of the UK’s fully digital Purchase transaction. The transaction took place as part of the testing of PEXA’s Sale & Purchase proposition “ahead of its full launch and wider market roll out later this year.” It… Read More

June 6, 2025 @ 8:18 am By Omar Faridi  |  

Trustly, the global enabler of Pay by Bank, announced a partnership with The Swedish Postcode Lottery (Svenska Postkodlotteriet). This collaboration is set to enhance “the way people participate in one of Europe’s charity-based lotteries by providing seamless, secure, and fast payment processing solutions.” The Swedish… Read More

June 6, 2025 @ 8:15 am By Omar Faridi  |  

TransferMate, the world’s provider of embedded B2B payments infrastructure as a service (IaaS), announced a partnership with Deutsche Bank. The partnership will see TransferMate work with Deutsche Bank in various countries, “enabling TransferMate to provide in-country collections, cross border payments, and the ability to store… Read More