December 16, 2025 @ 2:00 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and CME Group, the world’s derivatives marketplace, announced progress on their efforts to “extend their existing cross-margining arrangement to end-user clients.” Specifically, the Fixed Income Clearing Corporation… Read More

 Tagged cme group, derivatives, dtcc, financial services

December 16, 2025 @ 10:41 am By JD Alois  |  

Payments provider PayPal (NASDAQ:PYPL) is pursuing a Utah-chartered industrial loan company. The company has submitted its application to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation. An industrial bank charter is a state-issued license, primarily in Utah, allowing a financial institution… Read More

 Tagged ilc, industrial bank charter, lc, payments, paypal

December 16, 2025 @ 10:34 am By JD Alois  |  

TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More

 Tagged open banking, payments, truelayer, uk, UK Payments Initiative, ukpi, united kingdom

December 16, 2025 @ 10:09 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More

 Tagged fca, open banking, uk, UK Payments Initiative, united kingdom

December 16, 2025 @ 8:27 am By Omar Faridi  |  

Airwallex, a financial platform for businesses, announced it will inject $590 million into its UK business across the next 5 years (2026 to 2030) to drive local and growth. The investment will be spent on a range of activities “including a hiring surge which will… Read More

 Tagged airwallex, Business Expansion, payments, uk

December 16, 2025 @ 8:23 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, announces it has launched its collaboration with BNY (NYSE: BK), a global financial services company, as one of its USD settlement providers. The collab, which is reportedly one the first with a European digital asset bank in this… Read More

 Tagged bny, digital assets, digital banking, sygnum

December 16, 2025 @ 8:21 am By Tony Zerucha  |  

Octane has closed its Series F funding round of $100 million in equity capital. The raise includes new equity capital to be used for growth initiatives, and amounts to be used for secondary share transfers. Valar Ventures led the round with participation from Upper90, Huntington Bank, Camping World and Good Sam, Holler-Classic, and… Read More

 Tagged Billy Libby, equipment financing, funding round, james fitzgerald, Jason Guss, octane

December 16, 2025 @ 8:20 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), an alternative platform for property finance, announces the launch of a long-term development finance funding partnership with AB CarVal and HSBC, intended to scale the company’s development finance proposition and enable the delivery of new homes across the nation. The funding… Read More

 Tagged financing, lendinvest, sme's, uk, united kingdom

December 16, 2025 @ 8:11 am By Omar Faridi  |  

The British Business Bank announced a £15 million investment into PolyAI, a key player in enterprise conversational AI, as part of an $86 million Series D round. The round has reportedly been co-led by Georgian, Hedosophia, Khosla Ventures, with additional investment from NVentures (NVIDIA’s VC… Read More

 Tagged british business bank, polyai, uk, united kingdom

December 16, 2025 @ 8:09 am By Omar Faridi  |  

Proxymity, the digital investor communication platform, announces the expansion of its partnership with Deutsche Bank, one of the global financial institutions, with the rollout of Proxymity Vote Connect Access in Thailand. Deutsche Bank is said to be one of the first adopters of Proxymity’s digital… Read More

 Tagged deutsche bank, proxymity, southeast asia, thailand