March 7, 2025 @ 7:38 am By Omar Faridi  |  

Euroclear has recently announced the completion of the acquisition of 49% of Inversis from Banca March after securing regulatory approvals. Inversis, a wholly-owned subsidiary of Banca March, is a provider of global investment technology solutions and outsourced financial services for financial institutions. Euroclear states that… Read More

 Tagged acquisition, Banca March, euroclear, Inversis

March 7, 2025 @ 4:16 am By Omar Faridi  |  

iCapital, the fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, has entered into a partnership with Aviva Investors, the global asset management business, to broaden access to Aviva Investors’ climate transition strategy “focused on investments in private markets.”… Read More

 Tagged alternative investments, aviva investors, europe, icapital

March 6, 2025 @ 9:22 pm By Omar Faridi  |  

Tonik has crossed 1 million cumulative loans disbursed since inception, cementing its status as the Philippines’ credit-led digital bank and propelling a new era of “credit inclusion.” While traditional banking institutions continue to emphasize corporate credit, Tonik zeroes in on a “$40 billion latent unsecure… Read More

 Tagged digital bank, Philippines, southeast asia, tonik

March 6, 2025 @ 6:04 pm By Omar Faridi  |  

Tax refund theft is an annual concern and 2025 brings an elevated risk, according to a TransUnion (NYSE: TRU) analysis. Researchers found that in 2024 there were “970 data breaches in which fraudsters obtained the kinds of personally identifiable information (PII) required for various forms… Read More

 Tagged fraud, tax, transunion

March 6, 2025 @ 5:55 pm By Omar Faridi  |  

Papaya Global, the workforce payroll and payments platform and Sumsub, a full-cycle verification and compliance solutions provider, announce their new partnership. Sumsub will support Papaya Global with AI-powered automated solutions for secure “verification and fraud prevention, while maintaining speed, accuracy, and regulatory compliance.” The partnership… Read More

 Tagged papaya global, regtech, sumsub

March 6, 2025 @ 1:59 pm By JD Alois  |  

Skyfire issued a statement today indicating it has exited Beta after reporting the rapid adoption of its services. Skyfire is a payment network for artificial intelligence. The company states that it enables autonomous transactions, enabling AI agents, LLMs and enterprises to transact securely Amir Sarhangi,… Read More

 Tagged agentic ai, payments, skyfire

March 6, 2025 @ 7:09 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), which claims to be a “member-centric, one-stop shop” for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the issuance of $697.6 million in notes secured by a pool of personal loans originated by… Read More

 Tagged digital financial services, personal loans, securitization, sofi

March 6, 2025 @ 6:47 am By JD Alois  |  

Zopa Bank has hired a former Visa executive as its new Chief Analytics Officer (CAO) Jeremy Penzer was previously Head of Data Science for Europe with Visa. Before that, he served as Capital One Europe’s Chief Analytics Officer and an academic statistician at the London… Read More

 Tagged banking, digital bank, uk, united kingdom, zopa, zopa bank

March 5, 2025 @ 9:57 pm By Omar Faridi  |  

Bondsmith, the UK’s cash savings fintech, is pleased to announce the launch of the country’s FSCS-insured bank deposit sweep, bringing cash management solution to British savers. Claiming to be motivated or “inspired” by the FDIC sweep programs in the United States, Bondsmith’s new offering “enhances… Read More

 Tagged bondsmith, savings, uk, united kingdom

March 5, 2025 @ 8:12 pm By Omar Faridi  |  

BlackRock Inc. (NYSE:BLK) announced the completion of its acquisition of Preqin, an independent provider of private markets data. This transaction strengthens BlackRock’s ability to serve clients’ whole portfolios — across public and private markets — by “combining investment, technology, and data solutions in one platform.”… Read More

 Tagged acquisition, blackrock, data, preqin