Global

January 15, 2025 @ 1:15 am By Tony Zerucha  |  

This week, the United Kingdom governmental organization Open Banking Limited celebrated the seventh anniversary of PSD2 and the creation of open banking. Open Banking Limited is the implementation entity described in a Competitions and Market Authority Order. It created an open banking standard and industry… Read More

January 14, 2025 @ 11:18 pm By Tony Zerucha  |  

This week, British Business Investments announced an initial £ 20 million funding facility to Sprk Capital. The facility will provide capital to smaller businesses in the UK engaged in innovation. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, aims to improve… Read More

January 14, 2025 @ 9:17 pm By Omar Faridi  |  

Clearwater Analytics (NYSE: CWAN) and Enfusion, Inc. (NYSE: ENFN) announced their entry into a definitive merger agreement for Clearwater to acquire Enfusion, a provider of software-as-a-service (SaaS) solutions for the investment management and hedge fund industry. According to the announcement, the purchase price is $11.25… Read More

January 14, 2025 @ 6:58 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-driven fraud prevention solutions, announced its partnership with Credibanco, Colombia’s payment processing company. This partnership will enable Credibanco to leverage artificial intelligence and machine learning models to detect and prevent fraud “in real time, ensuring  secure transactions across channels—both… Read More

January 14, 2025 @ 12:03 pm By Omar Faridi  |  

Smartfin, a growth equity investor in European B2B technology companies, has reportedly closed its third growth fund at its €250 million target. This fund marks a key milestone for the firm, with an introductory participation of the European Investment Fund (EIF) through its ESCALAR program… Read More

January 14, 2025 @ 9:47 am By JD Alois  |  

Republic, the largest securities crowdfunding platform in the world, has partnered with Hamilton Lane (Nasdaq: HLNE) to bring digital assets to retail investors. Hamilton Lane is a large private-markets investment firm with more than $947 billion in assets under management and supervision. The firm has… Read More

January 14, 2025 @ 8:57 am By JD Alois  |  

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a possible digital currency. The update by the Bank is said… Read More

January 14, 2025 @ 8:43 am By JD Alois  |  

Paymentology, audax, and Mastercard have joined to publish a report on Cards-as-a-Service (CaaS). The report is entitled; “Understanding Cards-as-a-Service (CaaS) and the Power of Strategic Partnerships.” The trio described CaaS as transformative, allowing Fintechs, banks, and more to become “distributors of payment services” and generating… Read More

January 14, 2025 @ 7:55 am By JD Alois  |  

Zodia Custody has announced a partnership with Kiln, a digital asset rewards management platform. Incubated by Standard Chartered, Zodia Custody focuses on institutions. The company is also associated with Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD. The partnership aims to offer institutional… Read More

January 14, 2025 @ 7:30 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with payments orchestration platform BR-DGE, to bring Pay by Bank to enterprise businesses across the globe. BR-DGE is a key player focused on payment orchestration, working with enterprise businesses, across sectors such as transport, travel, igaming,… Read More

January 14, 2025 @ 7:29 am By Omar Faridi  |  

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

January 13, 2025 @ 11:20 pm By Omar Faridi  |  

With industry professionals divided in their approaches, CBInsights look at the winners and losers in the open-source vs. closed-source landscape and what enterprises “need to think about next for adoption.” As part of their series on the generative AI divide, CBInsights has examined many of… Read More

January 13, 2025 @ 8:19 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) recently revealed that it is launching an emergency fundraising campaign for businesses on the platform in order to enable their customers to fundraise for those affected by the wildfires in Los Angeles with Americares. For this particular campaign, businesses… Read More

January 13, 2025 @ 5:40 pm By Omar Faridi  |  

The combined market cap of the top 50 companies in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a “20.6% year-on-year increase.” This, according to a report from GlobalData. Tech firms reportedly led the charge, with the Taiwan Semiconductor Manufacturing Company and… Read More

January 13, 2025 @ 5:09 pm By Omar Faridi  |  

Founded in 2018, CertiK claims that it became a trusted name in Web3 security by leveraging formal verification to safeguard smart contracts and decentralized systems. Over the years, CertiK expanded their offerings to include comprehensive security services, audits, and tools, solidifying their “reputation as a… Read More

January 13, 2025 @ 2:20 pm By Omar Faridi  |  

Nansen has recently teamed up with TON Blockchain, which is described as a “high-performance” Layer 1 chain originally developed by Telegram, to deliver advanced on-chain analytics. Nansen confirmed in a blog post their strategic partnership with TON, a high-performance L1 blockchain built for “speed, scalability,”… Read More

January 13, 2025 @ 11:55 am By Omar Faridi  |  

Fintech Plaid has reportedly selected Triangle for its next office, along with plans to hire more staff in 2025. Plaid CEO and cofounder Zach Perret, said that you may think of the company as the “plumbing that connects banks to the app and the app… Read More

January 13, 2025 @ 11:54 am By Omar Faridi  |  

Bank of America (NYSE: BAC) announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This reportedly includes around 4 million client accounts with Merrill Edge Self-Directed and… Read More

January 13, 2025 @ 8:34 am By Omar Faridi  |  

PitchBook has shared key insights focused on the artificial intelligence (AI) and machine learning (ML) ecosystem. PitchBook noted in the latest report that investors bid up Elon Musk in AI horse race—xAI’s value has been surging in secondary trading. According to Caplight estimates, xAI’s secondary… Read More

January 13, 2025 @ 7:51 am By Omar Faridi  |  

OpenLedger, backed by Polychain Capital and Borderless Capital, is building a blockchain for (artificial intelligence) AI that provides a “decentralized” trust infrastructure for creating specialized language models. CoinList noted in a blog post that OpenLedger is offering up to “51% of its total token supply… Read More