April 25, 2025 @ 9:39 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to “utilize… Read More

April 25, 2025 @ 9:09 am By Omar Faridi  |  

Bread Financial (NYSE: BFH), a financial services company that provides payment, lending and saving solutions, announced a multi-year agreement with Crypto.com, one of the world’s cryptocurrency exchanges, to launch the Crypto.com credit card program in the US. The Crypto.com Visa signature credit card will reportedly… Read More

April 25, 2025 @ 7:06 am By Omar Faridi  |  

Nu Mexico, a subsidiary of Nubank (NYSE: NU), announced the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to “transform into a bank, opening the path… Read More

April 25, 2025 @ 6:04 am By Omar Faridi  |  

The Federal Reserve Board has recently announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related “changes to its expectations for these activities.” These actions ensure the Board’s expectations remain “aligned with evolving risks and further support innovation… Read More

April 25, 2025 @ 5:37 am By Michael Wong  |  

Binance has launched Fund Accounts, described as a “first-of-its-kind” solution on its digital asset exchange that enables fund managers to pool investor capital into omnibus accounts and streamline trading operations, according to an announcement. Fund Accounts mirror traditional finance account structures, allowing managers to consolidate… Read More

April 25, 2025 @ 4:45 am By Michael Wong  |  

Altruist, a U.S.-based custodian for registered investment advisors, announced that it raised $152 million in a Series F funding round led by Singapore sovereign investor GIC. The round also drew participation from Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth and other… Read More

April 25, 2025 @ 4:37 am By Michael Wong  |  

LenderLink Philippines, a fintech startup building the Philippines’ first high-tech, real-time credit bureau, raised $1.25 million in an oversubscribed pre-seed funding round led by venture firms Iterative and Kaya Founders, the company said. The pre-seed round, the startup’s first external raise since its founding last… Read More

April 25, 2025 @ 4:34 am By Michael Wong  |  

LendMN, Mongolia’s first fully digital lending Fintech and a unit of AND Global, said it had raised $20 million in debt financing from Lendable to scale technology-driven financial services for micro, small, and medium enterprises (MSMEs) in the country. The facility marks the largest sum… Read More

April 25, 2025 @ 4:32 am By Omar Faridi  |  

ADGM, the international financial center of the UAE capital, Abu Dhabi, announces the launch of the Virtual Sell and Purchase, the real estate service, which allows multiple steps within property transactions to be “completed virtually by buyers, sellers, and associated banks.” ADGM’s new service streamlines… Read More

April 25, 2025 @ 4:25 am By Tony Zerucha  |  

Feedzai, a provider of fraud and financial crime prevention services, has acquired Demyst, a data management company. The deal includes Demyst’s Zonic data workflow orchestration platform, intellectual property, and sophisticated data-integration capabilities. This strategic move is part of Feedzai’s vision to unify data orchestration and risk management into… Read More

April 25, 2025 @ 4:21 am By Tony Zerucha  |  

UnionPay International, a global payment network, has announced a strategic partnership with Dojo, a United Kingdom SME payment provider. This collaboration could significantly increase UnionPay card acceptance across the UK, providing cardholders another payment option while enabling small and medium-sized enterprises to tap into a… Read More

April 25, 2025 @ 4:19 am By Omar Faridi  |  

In emerging markets, where economic instability, currency devaluation, and limited access to traditional banking systems are persistent challenges, stablecoins are emerging as a transformative force. With a market capitalization exceeding $220 billion, these digital assets—pegged to stable currencies like the U.S. dollar or euro—are no… Read More

April 25, 2025 @ 4:17 am By Omar Faridi  |  

Global payments infrastructure platform Mercuryo has launched Spend, a new crypto debit card powered by the Mastercard network. Available through Ledger Live, the app to “securely” manage crypto and NFTs, Ledger users can now “use the Spend debit card to make purchases using their digital… Read More

April 25, 2025 @ 4:17 am By Omar Faridi  |  

The Securities and Exchange Commission (SEC) charged Ramil Palafox with allegedly orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and misappropriating over $57 million of investor funds. According to the SEC’s complaint, Palafox’s company, known as PGI Global, claimed to be “a crypto asset… Read More

April 25, 2025 @ 4:13 am By Omar Faridi  |  

World, the human-centered financial and identity network, is reportedly a global network of 12,185,058 “real humans.” According to a blog post by World, more than 1500 Orbs “currently live in the field to verify unique humanness across 23 countries.” As with any network, its developers… Read More

April 25, 2025 @ 1:28 am By Tony Zerucha  |  

VoPay, a provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution. Built for software platforms and financial institutions, the white-label technology enables organizations to move money globally with full transparency, compliance, and real-time FX, without building their own cross-border infrastructure. Global… Read More

April 25, 2025 @ 12:26 am By Tony Zerucha  |  

New research from Bain & Company finds that 70% of companies are failing to effectively integrate their sales plays into their revenue technology tools, such as solutions used for customer relationship management (CRM). That limits their ability to achieve their expected growth gains. For its 2025… Read More

April 24, 2025 @ 6:04 pm By Omar Faridi  |  

Programmable financial services company Stripe announced a set of payments updates for Japanese businesses and businesses looking to expand into Japan. First, Stripe is making it easier for businesses to “sell to customers in Japan by enabling new payment methods.” Businesses in Japan can accept… Read More

April 24, 2025 @ 2:06 pm By Omar Faridi  |  

Kaspersky has revealed findings from its research, stating that 73% of cybersecurity professionals regard Cyber Immunity as an effective strategy for minimizing the “capabilities of cybercriminals to penetrate networks and compromise systems.” These insights indicate a growing demand for developing secure by design systems “instead… Read More

April 24, 2025 @ 12:25 pm By Omar Faridi  |  

Jumio, the provider of automated, AI-driven biometric identity verification, risk signals and compliance solutions, announced general availability of Cross-Transaction Risk, which helps businesses “proactively detect fraud by connecting identity elements across the Jumio network.” A key capability within the Jumio Identity Reputation suite, Cross-Transaction Risk… Read More