Carlyle, Citi Team Up to Target Asset-Backed Financing Opportunities in Fintech Lending

Global investment firm Carlyle and banking giant Citi have entered into a strategic collaboration to explore asset-backed financing and co-investment opportunities in the fast-growing fintech specialty lending sector. The partnership formalizes a framework for both firms to exchange market intelligence and jointly pursue deals that… Read More

SmartStream Brings AI-enhanced Data Management to Insurance Sector

SmartStream, the financial Transaction Lifecycle Management (TLM) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers “tackle fragmented data challenges, reduce operational costs, and strengthen compliance through… Read More

DTCC Considers Stablecoin Launch to Enhance Financial Markets

The Depository Trust and Clearing Corporation (DTCC) is exploring the issuance of a stablecoin to enhance the efficiency of digital asset transactions, according to insights from industry sources reported by The Information. This move could significantly reshape how trades are settled across global markets, leveraging… Read More

AI-Powered Fraud Soars in APAC’s Healthtech, Fintech Sectors – Sumsub

Fraud in Asia-Pacific’s fastest-growing digital sectors is rising sharply, driven by sophisticated tactics involving deepfakes and synthetic identity documents, according to a new report from global verification provider Sumsub. Healthtech recorded the highest year-on-year increase in fraud cases across the region with a 723% surge… Read More

Cboe Completes Migration of Cboe Digital Exchange Futures to Cboe Futures Exchange

Cboe Global Markets, Inc. (Cboe: CBOE), the world’s derivatives and securities exchange network, announced it has migrated its Cboe Digital Exchange futures offerings onto Cboe Futures Exchange (CFE) on June 9, 2025. With the Financially Settled Bitcoin (FBT) and Financially Settled Ether (FET) futures now… Read More

Pix and Payments Cards Dominate as Brazil’s Preferred Payment Instruments

In 2024, Brazil’s payment landscape underwent a significant transformation, with Pix and cards emerging as the most widely used payment instruments, according to a recent report from the Banco Central do Brasil (BCB). This shift highlights the country’s rapid adoption of digital and instant payment… Read More

Fintechs Face New Green Claim Rules Under Canada’s Competition Act

In a significant development for Canada’s financial technology sector, fintech companies are now navigating stricter regulations surrounding environmental claims under recent amendments to the Competition Act. As reported by the National Crowdfunding & Fintech Association (NCFA Canada), these changes, enacted through Bill C-59 in June… Read More

Stock Market Investment Experience : AMF Analyzes Mobile Apps of 14 Financial Institutions

The Autorité des Marchés Financiers (AMF) has conducted a mystery shopping visit campaign among institutions offering investment services to retail investors in France via mobile applications. It notes that client journeys are, for the most part, simple and quick, making it easier to “invest on… Read More

BNPL Fintech Affirm and DICK’S Sporting Goods Renew Partnership

DICK’S Sporting Goods (NYSE: DKS), a U.S. based full-line omni-channel sporting goods retailer, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced an extension of their partnership, which originally began in 2020. Eligible DICK’S and Golf Galaxy shoppers… Read More

Prepaid Payments Firm Recharge Reports 39% Sales Growth in 2024

European Fintech Recharge says total sales increased by 39% to €695 million in 2024. This drove top-line revenue to increase by 32% to €73.6 million. The company reports that EBITDA has doubled to €8.1 million, and net profit has reached €7.5 million. Günther Vogelpoel, CEO… Read More

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