April 14, 2025 @ 8:42 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) says that its subsidiary, the Fixed Income Clearing Corporation (FICC), cleared a record $11 trillion in US Treasuries on April 9, an all-time high. Laura Klimpel, Managing Director, Head of DTCC’s Fixed Income and Financing Solutions, notes that the heightened… Read More

 Tagged dtcc, fixed income, us treasuries

April 14, 2025 @ 7:45 am By Tony Zerucha  |  

Branch, a workforce payments platform, recently launched a full-service paycard. Delivered through the Branch App and Card, the new offering targets industries including hospitality, healthcare, staffing, construction, and agriculture. With Branch’s paycard and platform, employers can also unlock other payout methods, including cashless tips, earned wage access,… Read More

 Tagged Atif siddiqui, Branch, earned wage access, workforce payments

April 14, 2025 @ 6:37 am By Omar Faridi  |  

The microfinance institution HES Finances, a subsidiary of the Master Financial Group (MFG), has acquired the CapitalBanker MFI microfinance management solution from the software provider Capital Banking Solutions. In order to accelerate its growth and digitize its microfinance activities, HES Finances will now rely on… Read More

 Tagged acquisition, banking, hes finances, master financial group, microfinance

April 13, 2025 @ 9:08 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, and Dalriada, one of the UK’s independent pension trustee firms, have launched a small-scheme consolidator solution that will aim to “improve value for members of Additional Voluntary Contribution (AVC) schemes.” The solution aims to address issues… Read More

 Tagged pensions, savings, smart pension, uk, united kingdom

April 13, 2025 @ 8:11 pm By Omar Faridi  |  

Trumid, a financial technology company and fixed income electronic trading platform, announced trade volume and user participation highlights for March and Q1 2025. Mike Sobel, Co-CEO and President of Trumid said: “This was our strongest month and quarter yet – a testament to our clients’… Read More

 Tagged electronic trading, financial results, financial technology, fixed income, trumid

April 13, 2025 @ 5:43 pm By Omar Faridi  |  

DailyPay, a worktech company specializing in earned wage access (EWA), has made significant strides to enhance financial flexibility for workers while navigating regulatory challenges. Recent developments shared by DailyPay underscore its commitment to empowering employees and strengthening employer relationships: a renewed partnership for Financial Literacy… Read More

 Tagged dailypay, ewa, new york, payments, us

April 13, 2025 @ 3:37 pm By Michael Wong  |  

The National Bank of Oman (NBO) has launched a fully digital account opening feature on its mobile app, allowing users to open accounts without visiting a branch or submitting physical documents, as part of its broader shift toward mobile-first banking services. The app-based feature enables… Read More

 Tagged banking, national bank of oman, oman

April 13, 2025 @ 3:01 pm By Omar Faridi  |  

Digital assets firm Gemini recently announced that users in the EU can use Plaid to deposit EUR and GBP into their wallets from their bank accounts – which is described as a “significant enhancement” that will allow users in the region to fund their accounts… Read More

 Tagged Crypto Adoption, digital assets, EU, gemini, plaid

April 13, 2025 @ 1:01 pm By Omar Faridi  |  

MoreThanFair, a community of organizations dedicated to improving access to affordable and inclusive credit for American consumers and small businesses, announced that Affirm (NASDAQ: AFRM) had joined as its newest member. Affirm empowers consumers by offering a “transparent and flexible way to pay over time… Read More

 Tagged affirm, bnpl, credit, morethanfair

April 13, 2025 @ 5:26 am By Tony Zerucha  |  

Absa, in partnership with UnionPay International (UPI), is launching contactless payments to UnionPay cardholders across South Africa. The collaboration ensures that customers with UnionPay cards have checkout access at thousands of retail stores nationwide. With digital payments becoming increasingly popular, shoppers expect quick and hassle-free ways… Read More

 Tagged absa, Chris wood, contactless payment, south africa, Union Pay International