Digital Payments Provider Checkout.com Reports Processing Over $5B During Black Friday Cyber Monday

Transaction data from digital payments provider Checkout.com reveals how consumers shopped during the Black Friday Cyber Monday weekend, with international spending surging by 36% compared with the equivalent weekend in October of this year. During this particular period, Checkout.com reports that it has experienced a… Read More

Sign’s Xin Yan Discusses Governments’ Growing Interest in Blockchain-Based Systems

When governments participate in blockchain development, whether it be for payments or identity, it sends a powerful acceptance message to the industry. Sign is one company that has received the message loud and clear. Backed by Binance’s CZ via YZi Labs, Sequoia, and Circle, Sign… Read More

Global Fintech Airwallex Announces $330M Series G at $8B Valuation

Airwallex, a global financial platform for modern businesses, raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures. The financing values Airwallex at “$8 billion, a ~30% increase since… Read More

Bain Capital Announces JV with SMBC to Establish European Loan Platform

Bain Capital, a global private investment firm, announced a joint venture with bookrunner SMBC to establish a new European loan platform providing up to € 1.5 billion in senior secured credit to corporate borrowers across Europe and the UK. The platform is structured as a… Read More

MetaMask Perps Now Live, Selection of US Stocks and Equity Markets Supported

A selection of US stock and other equity markets are now reportedly available to go long or short on MetaMask mobile. Perps trading is currently said to be live on MetaMask mobile, and it is reportedly being powered by Hyperliquid. Their redesigned mobile experience is… Read More

Philippine Regulator Drafts Sukuk Framework to Deepen Islamic Capital Market

The Philippine Securities and Exchange Commission has sought public comment on proposed rules that would set a regulatory framework for sukuk, as Manila tries to broaden funding options and deepen its capital markets through Islamic finance. In a draft memorandum circular issued on Nov. 26,… Read More

DXC, Aptys Announce Payments Modernization Partnership

DXC Technology (NYSE: DXC), an enterprise technology and innovation partner, and Aptys Solutions, a provider of end-to-end payments solutions, this week announced a strategic partnership to accelerate payments modernization and simplify how financial institutions (FIs) connect to and manage payments services across networks and channels…. Read More

Global Wealth Creation Examined in UBS Billionaires Report

UBS (NYSE:UBS), the global wealth manager, announced the release of the latest UBS Billionaire Ambitions Report, which surveyed UBS billionaire clients around the world on the challenges and opportunities they tend to face. This report focuses on the forces driving global wealth creation, the “increasing… Read More

Prometeo’s Name Match Aids Bank Account Verification

Prometeo, a fintech infrastructure provider for the Americas, has launched Name Match, a new capability within its U.S. Bank Account Verification API that helps businesses evaluate likely bank-account ownership before initiating payments. Name Match adds a layer of precision to Prometeo’s verification flow by comparing… Read More

AI Agent Pine Raises $25M Series A

Pine, an AI agent for consumers’ digital chores, has closed a $25 million Series A funding round. Investors included Fortwest Capital. This financing positions Pine to advance its “ask-and-it’s-done” AI, an autonomous digital agent that makes calls, handles emails and operates software to complete real-world… Read More

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