Bank of America Introduces 401k Pay to Simplify Retirement Income Management

Bank of America (NYSE: BAC) is launching 401k Pay, a solution designed to convert 401(k) account assets into a retirement income. Offered starting from November 17 to the company’s corporate plan sponsor or plan participant clients, the digital solution provides 401(k) recordkeeping, deposit options and… Read More

Visa Direct Stablecoin Payouts Pilot Aims to Improve Access to Funds for Gig Workers

Visa Inc. (NYSE:V) announced a breakthrough pilot enabling businesses and platforms to send payouts directly to recipients’ stablecoin wallets. For businesses using Visa Direct, payouts may now be funded in fiat money, while recipients can choose to receive their funds in USD-backed stablecoins such as… Read More

AURAS Pay Introduces Decentralized Payment Tech Platform in Dubai

AURAS Technologies MENA FZCO, a Dubai-based firm that is specialized in Distributed Ledger Technology (DLT) services, has recently announced the launch of AURAS Pay, which is described as a non-custodial decentralized payments platform that allows various merchants to accept and manage digital asset transactions directly… Read More

Singapore’s MAS and UK’s FCA Partner on AI in Finance Initiative

The Monetary Authority of Singapore (MAS) and the UK’s Financial Conduct Authority (FCA) have recently announced a new partnership on artificial intelligence in Finance between Singapore and the United Kingdom (UK) – termed the UK-Singapore AI-in-Finance Partnership. Announced at the Singapore FinTech Festival, the partnership… Read More

Quantexa AI Capabilities Enable Enterprises with Contextual Intelligence Required to Deploy Agentic AI

Quantexa, a global enabler of Decision Intelligence, unveiled Quantexa AI, the so-called next evolution of its Decision Intelligence Platform, now agentic ready. As organizations increase their use of large language models and smaller, purpose-built and domain-trained models, many are discovering a common limitation: when AI… Read More

Everything App: Elon Musk Says Money is on the Way for X

Elon Musk, founder of Tesla, SpaceX, and owner of X (formerly Twitter), has posted that X has just released a new communications stack that includes encrypted file transfers, messages, and audio/video calls. Musk has long messaged that X’s goal is to be the Everything App. A… Read More

US Treasury Central Clearing Survey : American Firms Have Confidence in Readiness while Europe and Asia Lag Behind

SIFMA, BNY, Broadridge and The Depository Trust & Clearing Corporation (DTCC), in collaboration with The ValueExchange, today released findings from their “U.S. Treasury Central Clearing Pulse Survey”, which draws upon insights from global market participants. The survey, conducted by The ValueExchange, was meant to provide… Read More

TreasurySpring, Eurex, Clearstream Open Cleared Repo Markets to Corporate Treasury

TreasurySpring, the globally-accessible cash investment platform, has recently announced a collaboration with Eurex, an operator of a Repo Trading Venue and a Central Counterparty (CCP), and Clearstream, a provider of post-trade services, both fully owned by Deutsche Börse Group. The collab reduces operational and time… Read More

Webull’s Anthony Denier Says Expanding into Corporate Bonds Is Next Step in Fixed Income Strategy

Anthony Denier, Group President and U.S. CEO of Webull, has shared some insights with CI. Webull (NASDAQ: BULL) had recently introduced corporate bond trading for U.S. customers, enabling investors to purchase and sell individual corporate bonds directly via Webull’s desktop and mobile platforms. This expansion… Read More

Humanity Protocol’s Human ID, Mastercard’ Open Finance Capability Unite for ID Verification, Financial Access

Humanity Protocol, an on-chain digital identity solution provider, this week announced a new integration that brings together Mastercard’s open finance connectivity with Humanity Protocol’s identity verification platform Human ID. Rolling out first in the United States, the enhanced platform will enable users to tap into… Read More

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