July 10, 2025 @ 1:52 pm By Omar Faridi  |  

Okoora, a company redefining global foreign exchange (FX) infrastructure, today announced a strategic partnership with DashDevs, global fintech product engineering company, to streamline the delivery of embedded foreign exchange (FX) functionality in digital financial products. The partnership brings together Okoora’s FX360 engine, an AI-powered infrastructure… Read More

 Tagged ai, artificial intelligence, castellum.ai, funding round, okoora

July 10, 2025 @ 1:47 pm By Omar Faridi  |  

Clarity AI, which claims to be one of the largest technology and AI firms focused on sustainability, announced the acquisition of ecolytiq, a provider of in-app climate engagement solutions for financial institutions and their retail and commercial banking customers globally. This move reinforces Clarity AI’s… Read More

 Tagged acquisition, clarity ai, ecolytiq, sustainability

July 10, 2025 @ 1:04 pm By Omar Faridi  |  

Visa (NYSE:V), the enabler of digital payments, is fighting back as scammers harness the power of artificial intelligence to target New Zealanders by using AI to combat AI. Launching its latest Security Roadmap for New Zealand, the bold three-year strategy aims to “protect consumers and businesses… Read More

 Tagged fraud, new zealand, scams, visa

July 10, 2025 @ 9:56 am By Omar Faridi  |  

The US retirement landscape is facing a critical challenge, according to new data from PensionBee’s Q2 Happy Retirement Report, revealing stark deficiencies in savings that threaten financial security for millions. Conducted between May 9 and May 13, 2025, by Attest with 1,000 respondents aged 18… Read More

 Tagged insights, pensionbee, retirement, savings, us

July 10, 2025 @ 9:14 am By JD Alois  |  

Fundrise’s Innovation Fund (INNOX), a Reg A securities offering that enables access for retail investors for well-known private firms, will be made available on the SoFi (NASDAQ:SOFI) platform. This move should boost investor access to the fund, which does not trade on an exchange and… Read More

 Tagged fundrise, innovation fund, reg a, regulation a, sofi

July 10, 2025 @ 8:35 am By Omar Faridi  |  

Plaid, a fintech infrastructure provider in the Open Banking space, has provided its latest set of product updates. These enhancements, detailed in Plaid’s latest blog post, focus on leveraging artificial intelligence (AI), bolstering fraud prevention, and streamlining user experiences across its platform, which connects over… Read More

 Tagged financial services, infrastructure, plaid

July 10, 2025 @ 7:30 am By Omar Faridi  |  

Moment, a company automating trading and portfolio management workflows for fixed income, announced that it has raised $36 million in Series B funding led by Index Ventures, with participation from Andreessen Horowitz, Lightspeed Venture Partners, Venrock, Neo, and Contrary Capital. The round brings Moment’s total… Read More

 Tagged debt, fixed income, funding round, moment

July 10, 2025 @ 5:58 am By Omar Faridi  |  

The German Federal Financial Supervisory Authority (BaFin) has recently highlighted both the transformative potential of financial technology and the risks posed by unregulated financial activities. Through a keynote speech at BaFinTech 2025 and consumer warnings about unauthorized entities, BaFin underscores its dual role as a… Read More

 Tagged bafin, defi, dlt, fintech adoption, germany

July 10, 2025 @ 3:54 am By Omar Faridi  |  

Pay10, a global Alternative Payment Method (APM) platform, has been granted Ancillary Service Provider – Payment Service Provider License by the Central Bank of Bahrain (CBB). This regulatory approval represents a strategic milestone in Pay10’s global expansion and “reinforces its commitment to delivering real-time, secure,… Read More

 Tagged bahrain, digital financial services, mena, pay10

July 9, 2025 @ 8:43 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the world’s largest digital financial services platforms in terms of scope of operations and revenue, continues to reshape the financial landscape in Latin America with significant milestones in Mexico and strategic leadership appointments. With over 118 million customers across Brazil,… Read More

 Tagged banking, brazil, digital bank, latam, nubank