September 5, 2025 @ 1:22 am By Omar Faridi  |  

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) recently released the findings of their annual joint survey on the distribution of non-exchange-traded investment products, showing record sales and level of market participation for these products during 2024. Total transaction amount… Read More

 Tagged hkma, hong kong, insights, survey

September 5, 2025 @ 12:46 am By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced significant developments that underscore its commitment to integrating digital technology with its payment ecosystem. On September 3, 2025, PayPal revealed a partnership with Perplexity, offering PayPal and Venmo users early access to the AI-powered Comet browser along with a 12-month… Read More

 Tagged Digital Economy, digital technology, funding round, kite, payments, paypal

September 4, 2025 @ 11:47 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, and Ripple, the provider of digital asset infrastructure for financial institutions, have announced an expanded partnership to transform cross-border payments globally. Building on their collaboration established in 2020, the partnership will improve the “customer… Read More

 Tagged cross-border payments, digitalization, payments, ripple, thunes

September 4, 2025 @ 10:44 pm By Omar Faridi  |  

Qatar Development Bank (QDB) has positioned itself as a key player in digital banking by modernizing its IT infrastructure through a partnership with IBM. Established back in 1997, QDB is considered to be a key part of Qatar’s economic diversification, dedicated to empowering small and… Read More

 Tagged digital transformation, ibm, qatar, qdb

September 4, 2025 @ 8:46 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), a key part  of global financial market infrastructure, has recently announced significant developments that underscore its commitment to tech advancements, security, and client-focused leadership. These updates include the submission of a rule filing by its Fixed Income Clearing… Read More

 Tagged digital technology, dtcc, wealth management

September 4, 2025 @ 8:43 pm By Omar Faridi  |  

Airwallex, a global financial platform for various businesses, announced the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics. The acquisition will bring OpenPay’s billing and analytics capabilities into Airwallex’s global platform, strengthening Airwallex’s position “against other… Read More

 Tagged acquisition, airwallex, billing, openpay, payments

September 4, 2025 @ 4:49 pm By Omar Faridi  |  

OnePay, a Fintech startup majority-owned by Walmart, has introduced its own branded wireless service, OnePay Wireless. Launched this month, this offering is reportedly available through the OnePay app, marking a key milestone in the company’s goal to evolve into an all-in-one “super app” for US… Read More

 Tagged onepay, payments, walmart

September 4, 2025 @ 3:30 pm By Tony Zerucha  |  

While ratios and messaging surrounding Visa’s looming VAMP program have changed, one message is clear: acquirers and merchants should look to technology to stay in Visa’s good books. Beginning Oct. 1, Visa begins enforcement of the Visa Acquirer Monitoring Program (VAMP). It combines fraud and… Read More

 Tagged chargeback gurus, chargebacks, friendly fraud, Tim Tynan, VAMP, visa

September 4, 2025 @ 9:44 am By JD Alois  |  

Cloudflare, a company that operates in just about every country, serving many Fortune 500 Companies as well as many smaller firms, suffered a security breach last month, causing the tech firm to caution its customers about the potential for nefarious intrusions after the hack stole… Read More

 Tagged cloudflare, hack, xapo bank

September 4, 2025 @ 9:30 am By JD Alois  |  

JP Morgan (NYSE:JPM) will launch a digital bank serving the German market in early 2026. This will be JPM’s second entry in the European market to offer a retail digital bank solution. While digital banks are readily available in Germany, JPM has a significant share… Read More

 Tagged banking, chase, digital bank, germany, jp morgan