June 29, 2025 @ 7:49 pm By Omar Faridi  |  

Spendbase, a spend management platform that helps businesses save on software and cloud costs, is launching a new suite of financial tools that take spend control to the next level: Digital Banking and Virtual Cards. With this release, Spendbase moves “beyond expense optimization and into… Read More

June 29, 2025 @ 7:07 pm By Omar Faridi  |  

Belgian authorities have initiated a formal investigation into the local operations of Worldline (Euronext: WLN), a French payments processing company, following serious allegations of money laundering. The probe comes in response to claims that the firm may have facilitated illicit financial activities through its Belgian… Read More

June 29, 2025 @ 2:45 pm By Omar Faridi  |  

In a key development for the cryptocurrency and web3 industry, Ripple Labs has announced its decision to withdraw its cross-appeal in its protracted legal dispute with the U.S. Securities and Exchange Commission (SEC). The move comes as both parties appear poised to bring closure to… Read More

June 29, 2025 @ 1:47 pm By Omar Faridi  |  

In a significant development for the cryptocurrency investment landscape, REX Financial and Osprey Funds are on the cusp of launching the firststaked Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs) in the United States. According to recent reports, the U.S. Securities and Exchange Commission (SEC)… Read More

June 29, 2025 @ 12:40 pm By Tony Zerucha  |  

FIS (NYSE: FIS) is expanding its partnership with Visa to arm financial institutions with turnkey access to new payments capabilities. Regional and community banks that join FIS’ technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers, and… Read More

June 29, 2025 @ 10:57 am By Michael Wong  |  

The Philippine government has intensified its crackdown on abusive online lending platforms after receiving more than 13,000 complaints from borrowers who reported harassment, threats, and privacy violations. The Presidential Anti-Organized Crime Commission (PAOCC) is leading the nationwide campaign in coordination with the Securities and Exchange… Read More

June 29, 2025 @ 8:19 am By Tony Zerucha  |  

YouHodler executives share their thoughts on how industry and geopolitical factors have influenced crypto prices of late. Middle East tensions “As tensions rose across the Middle East, investors rapidly pulled back, reducing risk by selling off digital assets. According to on-chain tracking data, more than… Read More

June 29, 2025 @ 2:25 am By Michael Wong  |  

London-listed TBC Bank Group PLC has entered into a definitive agreement to acquire a majority stake in BILLZ, a retail management software-as-a-service (SaaS) platform in Uzbekistan, according to an announcement. The acquisition is a landmark transaction that strengthens its position in Central Asia’s digital financial… Read More

June 29, 2025 @ 1:54 am By Michael Wong  |  

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have jointly announced the incorporation of the Singapore Payments Network (SPaN), a new not-for-profit entity that will oversee and govern the country’s national payment schemes. SPaN aims to consolidate the administration… Read More

June 29, 2025 @ 12:35 am By Omar Faridi  |  

BNP Paribas announces that its Securities Services business, a global custodian with EUR 14.3 trillion in assets under custody1, has entered an agreement with HSBC for the acquisition of the custody and depositary bank business of HSBC Continental Europe S.A., Germany, “subject to regulatory approvals.”… Read More

June 28, 2025 @ 11:09 pm By Omar Faridi  |  

The Defined Contribution (DC) section of Schroders Retirement Benefits Scheme (SRBS) has allocated £48m, (20% of the default growth fund), to the Schroders Capital Climate+ LTAF as it looks to provide greater diversification benefits and access to the robust returns private markets can deliver for… Read More

June 28, 2025 @ 10:15 pm By Omar Faridi  |  

European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses. Through this collaboration, payabl. now provides “businesses with seamless access to all major UK payment schemes –… Read More

June 28, 2025 @ 8:37 pm By Omar Faridi  |  

CaixaBank has completed its first triple-tranche debt issuance in U.S. dollars in the American market, marking the bank’s fourth visit to the U.S. capital markets. The first tranche was a 11-year senior non-preferred bond “amounting to USD 1 billion, with an early redemption option in… Read More

June 28, 2025 @ 7:13 pm By Omar Faridi  |  

Commonwealth Bank of Australia (CommBank) unveiled a new weapon in the fight against scams: a fleet of thousands of AI-powered bot profiles, deployed by Apate.ai – a cyber-intelligence firm and spin-out from Macquarie University. These AI-bots are engineered to engage scammers, gather critical intelligence and… Read More

June 28, 2025 @ 5:30 pm By Omar Faridi  |  

A new Money Without Borders report from Thunes, the so-called Smart Superhighway to move money around the world, highlights how evolving consumer demands, especially among diaspora communities, are reshaping the future of cross-border payments. The findings indicate the significant “potential of emerging technology such as… Read More

June 28, 2025 @ 4:41 pm By Tony Zerucha  |  

Stablecoins, Circle’s IPO, China’s quantum progress, and Middle East tensions caught the Web3 community’s attention this week. What do Circle’s IPO and the GENIUS Act mean for decentralized crypto? “Early investors in Circle will no doubt be thrilled by the stablecoin provider’s share price performance… Read More

June 28, 2025 @ 4:28 pm By Omar Faridi  |  

Regtech Sumsub has partnered with Data Zoo, a global provider of authoritative business and customer identity verification data, to support financial institutions worldwide with their compliance processes. Sumsub and Data Zoo will collaborate in “multiple markets, offering Sumsub’s full compliance suite of verification and anti-fraud… Read More

June 28, 2025 @ 4:17 pm By Omar Faridi  |  

European companies must strengthen the capabilities needed to scale AI faster if they are to “address the growing productivity gap and enhance the region’s overall competitiveness,” according to a report released by Accenture (NYSE: ACN). The study highlights that the average European worker “now produces… Read More

June 28, 2025 @ 4:12 pm By Omar Faridi  |  

CAIS, the alternative investment platform for financial advisors, today announced the first in a growing series of investment models—developed by BlackRock, Carlyle, Franklin Templeton, and KKR—onto the CAIS Models Marketplace. As recently announced, advisors can now “leverage single-click model allocations across private and registered funds, for… Read More

June 28, 2025 @ 4:10 pm By Omar Faridi  |  

Digital bank Revolut has announced its acquisition of Banco Cetelem Argentina, a modest local lender owned by French banking giant BNP Paribas. This deal marks Revolut’s entry into Argentina, South America’s second-largest economy, and underscores its strategy to penetrate emerging markets. The acquisition, reported by… Read More