Global

February 7, 2025 @ 12:03 pm By Omar Faridi  |  

AstroPay, a global enabler of digital financial solutions, says that it is redefining financial connectivity in Brazil with its expansion and acquiring a  Payment Institution (PI) license issued by the Central Bank of Brazil. This license is from the Central Bank of Brazil, underscoring AstroPay’s… Read More

February 7, 2025 @ 6:05 am By Omar Faridi  |  

Digital-only financial providers (such as neobanking platforms like Monzo, Starling Bank and Revolut as well as fintechs like Klarna), expanded their overall reach from 16% of adults back in 2018 to a significant 50% in 2024 according to research from RFI Global, the data and… Read More

February 7, 2025 @ 6:03 am By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a provider of payments and financial services tech, announced the FirstRand Group will become the “first” financial institution outside of the U.S. to commission Finxact from Fiserv — the ­cloud-native, real-time banking solution that offers enhanced access to data — to… Read More

February 6, 2025 @ 9:13 pm By Omar Faridi  |  

Pirum, the tech partner for securities finance automation and collateral management, announced that Sharegain, a securities lending fintech, has gone live on Pirum TradeConnect. Stuart Jarvis, Head of Strategic Partnerships at Sharegain, said: “Pirum TradeConnect delivers the simplicity and efficiency the market has been waiting… Read More

February 6, 2025 @ 6:02 pm By Omar Faridi  |  

iCapital, the global fintech platform driving the alternative investment marketplace for the wealth and asset management industries, announced a series of enhancements to its portfolio construction tool, iCapital Architect. The toolkit arms financial advisors with education and analytics and also provides the iCapital Architect technology… Read More

February 6, 2025 @ 3:33 pm By Omar Faridi  |  

As part of Gemini’s mission to offer “trusted” information to institutional and retail investors, they have released a crypto trends report, “2025 Trends: Data-Driven Insights Into the Crypto Market,” in collaboration with Glassnode, an analytics firm specializing in on-chain assets. Gemini states that the report… Read More

February 6, 2025 @ 3:12 pm By Omar Faridi  |  

Kaspersky has discovered a new data-stealing Trojan, SparkCat, active in the Apple App Store and Google Play. This is said to be the “first known instance” of optical recognition-based malware appearing in AppStore. Kaspersky said they found comments in the code written in Chinese, possibly… Read More

February 6, 2025 @ 3:07 pm By JD Alois  |  

R3, the creator of Corda, a permissioned blockchain for tokenizing assets, has announced a partnership with IDEMIA Secure Transactions (IST) to boost its ability to issue central bank digital currencies (CBDCs). IDEMIA is a provider of payments and connectivity solutions that can also handle offline… Read More

February 6, 2025 @ 11:30 am By JD Alois  |  

The Bank of England has cut benchmark rates by 25 basis points to 4.5%, a move anticipated by markets. The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024,… Read More

February 6, 2025 @ 8:17 am By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced it is now included in the set of staking providers integrated with BitGo Trust Company, Inc., a provider of digital asset custody services, enhancing how investors optimize their staked digital assets. This partnership combines Galaxy’s blockchain infrastructure, lending… Read More

February 6, 2025 @ 8:16 am By Omar Faridi  |  

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the financial data and market infrastructure provider, to access market data from SIX and enhance its financial information business. As explained in the announcement, ThaiQuest will gain access to the SIX financial… Read More

February 6, 2025 @ 12:21 am By Omar Faridi  |  

Chainalysis explained that Virtual Asset Service Providers (VASPs) play a crucial role in the cryptocurrency landscape by providing services that facilitate the use and “adoption of digital assets by retail and institutional customers alike.” From exchanges to custody providers to payment processors, VASPs are helping… Read More

February 5, 2025 @ 11:45 pm By Omar Faridi  |  

Data from Experian finds that over 10 million people who hold a credit card with interest may be able to save “£1,391.69 in interest payments” annually by switching their existing balances to a balance transfer card (BT card) with a better deal. Experian’s data reveals… Read More

February 5, 2025 @ 11:13 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), one of Europe’s financial technology companies, has started using Yapily‘s account information services (AIS) to power their merchant services. Yapily will enable Adyen to deliver a better onboarding experience for customers while improving their account verification processes. Merchants that use Adyen’s services can now… Read More

February 5, 2025 @ 5:50 pm By Omar Faridi  |  

FIS (NYSE: FIS), a global financial technology firm, announced it is one of the first providers in the fintech industry “certified” to enable send capabilities for credit transfers in the Federal Reserve’s FedNow instant payment service. The addition of send capabilities and real-time alerts will… Read More

February 5, 2025 @ 5:22 pm By Omar Faridi  |  

Aviva Investors, the asset management business of Aviva plc, announces it  launched a Venture and Growth Capital fund which aims to give investors better access to “early-stage” companies and technologies. The Fund reportedly receives an initial c £150 million commitment from Aviva, as it looks… Read More

February 5, 2025 @ 12:51 pm By Omar Faridi  |  

United Fintech, the digital transformation platform, announced the full acquisition of Commercial Banking Applications (CBA), a banking tech provider focused on API-driven trade finance and payments solutions. The acquisition was reportedly financed by equity and debt from existing investors, which include four major banks: BNP… Read More

February 5, 2025 @ 10:30 am By Tony Zerucha  |  

As Open Banking becomes more popular in Latin America, Prometeo is well-positioned to be a major player in the space. Prometeo’s partners, a provider of a single API connecting businesses to every bank in 11 countries, include Santander, Bancolombia, Banco de México, and Chile’s Banco… Read More

February 5, 2025 @ 9:21 am By Omar Faridi  |  

Worldpay, a firm focused on payments tech and solutions, has announced that it entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform based in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of solutions and enable merchants… Read More

February 5, 2025 @ 9:19 am By Omar Faridi  |  

Pacaso, the tech-enabled real estate marketplace for co-owned luxury vacation homes, announced that it is continuing its international expansion with the acquisition of three European properties. The addition of two residences in London and one in Paris solidifies Pacaso’s presence in Europe, offering buyers “opportunities… Read More