BNPL: Affirm Launches in UK

Affirm has launched its pay-over-time options in the United Kingdom. While nearly one-quarter of buy now, pay later users in the UK were charged late fees in 2023, Affirm does not have any late fees or hidden charges. Affirm underwrites every individual transaction before making… Read More

Open Banking: Salt Edge Works with Spire on Bahrain Banking Project

Open banking enabler Salt Edge has announced a partnership with the Central Bank of Bahrain (CBB) to boost its tech stack in regard to its Open Banking Framework and requirement for banks to have APIs for corporate accounts. Bahrain is said to be the first… Read More

abrdn Investments Becomes Issuer of ETFs via SIX Stock Exchange with Real Estate Product

abrdn Investments has reportedly become the latest ETF Issuer at SIX Swiss Exchange. As noted in the update shared this month, SIX welcomes abrdn Investments as its latest issuer of Exchange-Traded Funds (ETFs) with their new real estate product. According to the announcement, this addition… Read More

BNY Announces Expansion of iFlow Fixed Income and Equities Insights

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced the expansion of its iFlow product offering, with extensive fixed income and equity data analytics. iFlow provides a vantage point of insights into BNY’s $50 trillion+ in assets under… Read More

Klarna, Zoom Unveil 16-Country Payment Partnership

Klarna, an AI-powered global payments network and shopping assistant, has launched a flexible payment option for Zoom Workplace. The initiative aims to make digital collaboration more accessible and affordable for businesses and individuals alike. Customers in 16 countries can now use Klarna to manage Zoom… Read More

Mathias Studach from SIX Digital Exchange (SDX) Comments on Potential of CBDCs to Enhance Financial Services

More than 130 countries, representing 98% of global GDP are exploring Central Bank Digital Currencies (CBDCs) to boost financial inclusion and transaction efficiency. Mathias Studach, Head Finance, Risk & Organizational Development at SIX Digital Exchange (SDX) has shared key insights with CI on these developments…. Read More

Carta Announces Acquisition of Portfolio Construction Platform Tactyc

Although various other industries have experienced a “renaissance” in tools for the office of the CFO, private capital has lagged behind, according to an update from Carta. Carta claims that they’re now focused on changing that—and will aim to set the stage for an integrated… Read More

European Digital Banking Challenger Lunar and Saldo Bank to Streamline Payment Solutions

Lunar and Saldo Bank have entered a partnership in order to transform Nordic banking and payment solutions. Lunar, the Nordic challenger bank, announces a partnership with Saldo Bank, a fintech and banking provider. Saldo Bank is reportedly the first banking institution to leverage Lunar’s Nordic… Read More

Investment Crowdfunding Platform Equitise Enters Administration After Failing to Secure Funding

Australian crowdfunding platform Equitise has entered administration after failing to secure new funding necessary to sustain its operations, according to a filing lodged with the corporate regulator seen by The Australian Financial Review. It was reported earlier this year that Equitise had lost its license… Read More

UAE’s Warburg AI Secures Fresh Funding to Boost AI Financial Services

Warburg AI, a UAE-based artificial intelligence company specializing in financial services, has raised $250,000 in seed funding to accelerate the development of its AI-driven financial solutions, according to an announcement. Founded in September 2024 in Sharjah by entrepreneurs Ben Feaver, Lancelot de Brier, and Madiyar… Read More

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