Omar Faridi

Deutsche Börse Group Provides Integrated Connectivity for Buy Side with SimCorp and Clearstream Collab

SimCorp, a global enabler of financial technology, and Clearstream, the post-trade business for the global markets, have launched a partnership to incorporate Clearstream’s post-trade offering in SimCorp’s integrated, front-to-back investment platform SimCorp One. Both SimCorp and Clearstream are members of Deutsche Börse Group. SimCorp’s clients… Read More

GenTwo and Sygnum Bank Launch Offering to Accelerate Time-to-Market for Institutional Crypto Strategies

GenTwo, a Swiss Fintech specializing in the securitization of bankable and non-bankable assets, and Sygnum, a global digital asset banking group, have announced a joint offering that creates a streamlined pathway for financial institutions to bring crypto investment products to market. The joint solution combines… Read More

German Fintech Aufinity Group Reports $26M Series C

German fintech Aufinity Group announces the completion of a Series C funding of 26 million US-Dollars. The round is led by BlackFin Capital Partners, a European private equity firm focused exclusively on financial services buyouts and fintechs. Existing investors PayPal Ventures and Seaya Ventures are… 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

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

EU coins money Europe

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

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

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

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: “We 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

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: “This 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

Fintech TreviPay and Albertsons Companies to Offer Pay by Invoice Program for Businesses

TreviPay, the B2B payments and invoicing network, announced Albertsons Companies, Inc. will offer Pay by Invoice with TreviPay to its corporate shoppers. Business buyers, including small offices, K-12 schools, local government and community organizations and residential programs, can “receive a dedicated line of credit for… Read More

Equifax Launches B2bConnect SMB Data on the Equifax Cloud

Equifax (NYSE: EFX) has launched its B2bConnect small-to-medium sized business (SMB) data on the Equifax Cloud, making commercial marketing data available in minutes to “help B2B marketers be more efficient and increase campaign success.” The platform unifies differentiated data to create more “effective commercial sales… Read More

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