Banking

Coinbase Unveils New Agentic Wallets to Strengthen User Control

Digital wallet enhances user autonomy in cryptocurrency transactions.Highlights: Coinbase launched Agentic Wallets for enhanced user control.Wallets support a range of cryptocurrencies.Focus on security and customizability for individual users.Coinbase...

Google Enhances AI Search with Agentic Shopping Feature

New feature empowers users to make informed shopping decisions directly through search.Highlights: Google introduces Agentic Shopping for its...

Alipay Reports Surge in Agent Payments, Enhancing Digital Transactions

Alipay experiences significant growth in agent payment activities this quarter.Highlights: Alipay sees a notable rise in agent payment...

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...
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Australian government proposes new regulations for digital wallet providers

Australian government to regulate digital wallet providers Proposed changes to Payment Systems Act 1998 redefines 'payment' and 'payments systems' Popular digital wallet providers...

Puerto Rico’s Arival Bank names Nishi Gupta as chief compliance officer and general counsel

Nishi Gupta appointed as Chief Compliance Officer (CCO) and General Counsel at Arival Bank, a digital bank in Puerto Rico. Gupta joined Arival...

Brokerage platform Alpaca plots Asian expansion with SBI partnership

Alpaca partners with Japan's SBI Group to expand in Asia. SBI Group, the second-largest brokerage firm in Japan, invests $15 million in Alpaca. ...

Paytech NMI acquires Sphere’s commercial division to boost underwriting and risk management capabilities

NMI, a US paytech, is set to acquire the commercial division of Sphere, a software and paytech firm. The acquisition involves integrating Sphere's...

ICYMI fintech funding round-up: Untangled Finance, Kennek and more

UK-based Untangled Finance:Raised $13.5 million in multi-year strategic funding from Fasanara Capital. Focuses on tokenizing real-world private credit assets into on-chain structured credit...

GreenSky sold to Sixth Street-led investor consortium, Goldman Sachs confirms

Goldman Sachs sells GreenSky to consortium led by Sixth Street:Goldman Sachs is selling GreenSky, a fintech lender and BNPL provider, to a consortium...

Form3 announces leadership changes as CEO steps down

CEO Michael Mueller is stepping down from UK paytech Form3. Mike Walters, a co-founder and one of the first employees, will assume the...

BaaS fintech Synapse lays off 40% of staff in fresh round of job cuts

US-based Banking-as-a-Service platform Synapse has laid off 40% of its employees in its second round of job cuts this year. Facts86 employees, about 40%...

Francesca Carlesi steps down as CEO of digital mortgage lender Molo

Francesca Carlesi, co-founder and CEO of Molo, will step down from her role on 25 November 2023, six months after ColCap's acquisition. FactsFrancesca Carlesi,...
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