June 11, 2025 @ 2:29 pm By Omar Faridi  |  

Nu, part of Nubank (NYSE: NU), has received the Fraud Prevention stamp, an initiative coordinated by the National Confederation of Financial Institutions (CNF) in Brazil. Launched in 2024, the certification recognizes “institutions committed to best practices in preventing, combating, and raising awareness of fraud and scams… Read More

 Tagged brazil, fraud prevention, nubank, scams

June 11, 2025 @ 1:43 pm By Omar Faridi  |  

Circle’s recent unveiling of the Circle Payments Network (CPN) marks a significant milestone in the evolution of global financial systems. Announced recently, CPN leverages stablecoins to transform cross-border payments, a market estimated at $190 trillion. This infrastructure aims to streamline money movement across borders, currencies,… Read More

 Tagged circle, digital assets, global payments, stablecoins

June 11, 2025 @ 5:17 am By Michael Wong  |  

GoTo Group, Indonesia’s largest digital ecosystem, has completed the migration of its digital finance arm GoTo Financial’s infrastructure to Alibaba Cloud’s local data centers in Jakarta. The move marks a critical milestone in a strategic partnership formed in 2024 and is one of the most… Read More

 Tagged alibaba, cloud, Goto, indonesia

June 10, 2025 @ 9:46 pm By Omar Faridi  |  

Backbase, the global enabler of AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative “leap in Bank Muamalat’s journey to redefine Islamic banking,… Read More

 Tagged backbase, digital banking, malaysia, sharia'h compliant, southeast asia

June 10, 2025 @ 9:32 pm By Omar Faridi  |  

OnePay, a consumer fintech, and Synchrony (NYSE: SYF), a  consumer financial services company, announced a partnership to power a credit card program with Walmart (NYSE: WMT). The credit card program is expected to launch this fall, “with the experience embedded inside the OnePay app and… Read More

 Tagged consumer fintech, credit cards, onepay, synchrony, walmart

June 10, 2025 @ 7:35 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline “inbound money movement and enhance funding agility across the Real-Time… Read More

 Tagged cross river bank, digital banking, payments

June 10, 2025 @ 4:24 pm By Omar Faridi  |  

Coller Capital, which claims to be one of the world’s largest dedicated private market secondaries managers, has announced a global distribution partnership with Allfunds, the end-to-end WealthTech partner for the wealth and asset management industries with more than $1.5 trillion assets under administration across Mutual… Read More

 Tagged allfunds, coller capital, private markets, secondaries

June 10, 2025 @ 12:30 pm By JD Alois  |  

Plug and Play has announced a $50 million Fintech and AI Fund, revealed at the Silicon Valley June Summit 2025. According to a note from Plug and Play, nine institutional investors are providing the money for the fund. Plug and Play notes that it currently… Read More

 Tagged fintech & ai fund, plug and play, vc, venture capital

June 10, 2025 @ 11:17 am By Omar Faridi  |  

Mambu, a core cloud banking platform, and Avenga, a system integrator, have successfully migrated Marginalen Bank, an innovative digital bank in Sweden from its legacy core to Mambu in just 13 months achieving rapid time to market “for its new consumer and business deposits and… Read More

 Tagged cloud, core banking, digitalization, financial services, mambu

June 10, 2025 @ 9:54 am By Omar Faridi  |  

Allianz SE, one of the world’s insurance and financial services giants, is reportedly in preliminary discussions to acquire Capital Four, a Copenhagen-based credit management firm specializing in European markets. This potential move aligns with Allianz’s broader strategy to expand its footprint in the private credit… Read More

 Tagged allianz se, capital four, credit management, europe, financial services, insurance