Tonik Digital Bank Teams Up with GupShup to Enable GenAI Communications Tech for Mobile Banking

Gupshup, the Conversation Cloud, announced its partnership with Tonik Bank, the digital-only neobank in the Philippines, to develop a Generative AI chatbot for Tonik’s mobile app. The solution aims to provide Tonik’s customers “with instant and accurate answers to frequently asked questions, improving the way… Read More

Sygnum, Fidelity International, Chainlink to Provide Fund NAV Data Onchain

Chainlink announced a collaboration with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. In this landmark production use case for tokenized assets, the collaboration provides transparency and accessibility “around key asset data for Sygnum’s recently issued onchain representation of Fidelity International’s… Read More

Fintech Marqeta Announces New Client, Swiss4, Providing Real-Time Digital Payment Services for Customers

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced a new client, Swiss4, providing real-time and personalised digital payment services for their customers. This is part of Swiss4’s recently launched application “that combines financial services… Read More

Alternative Investments: AXA IM Alts Expands Operations with New Middle East Location

AXA IM Alts, a global firm focused on alternative investments with $200 billion (€184 billion) of assets under management, has expanded its global network with the opening of its first office in the Middle East. AXA IM Alts has been granted its financial services permission… Read More

MultiSafepay Now a Subsidiary of Ant International, Will Provide Payment Solutions to European SMEs

MultiSafepay (MSP), an Amsterdam-based payment service provider, and Antom global merchant payment services, a payment and digitization services provider under Ant International, announced that MultiSafepay has become a wholly-owned subsidiary of Ant International and will integrate with Antom to promote convenient, secure and accessible payment… Read More

Swiss Stock Exchange SIX and Avaloq to Simplify Financial Instrument Valuation

SIX is pleased to launch the Independent Valuation Service for financial instruments, which was co-created with Avaloq based on a strategic partnership. The initiative addresses international financial markets’ need “for end-of-day product valuations from an independent source.” This facilitates client reporting, risk management, and continuous… Read More

Flexys and Tuum to Help Banks with Enhancing Debt Management and Collection

Flexys, makers of debt management software, and Tuum, a core banking provider, are joining forces. By integrating their powerful platforms, the partnership allows banks “to modernize debt collection with a real-time, customer-friendly approach.” For banks, the economic landscape of rising consumer debt and stricter regulations… Read More

BNPL Fintech Klarna Teams Up with Adobe Commerce to Enable Buy Now Pay Later Services

Klarna, the AI-powered global payments network and shopping assistant, announced it’s partnered with Adobe Commerce in order “to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options.” This allows Klarna to expand payment flexibility to consumers…. Read More

London Stock Exchange Group (LSEG) and Dow Jones Announce New Partnership

LSEG (London Stock Exchange Group) and Dow Jones recently announced a new, multi-year data, news, and analytics partnership. Beginning recently, trusted news from Dow Jones’s globally renowned newsrooms will be available within LSEG Workspace. Premium subscribers now have “access to thousands of news stories, including… Read More

Carta Data Reveals Modest Increases in Median Valuation and Round Size Across US Venture Ecosystem

Carta has released their First Cut—State of Private Markets: Q2 2024. Initial data from Q2 2024 reportedly “shows modest increases in median valuation and round size across much of the U.S. venture ecosystem.” Every quarter, Carta releases the latest information on the startup ecosystem in… Read More

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