Egypt’s MoneyFellows Secures $13M to Expand Digital Money Circles
The fintech firm raises fresh funding to enhance its mobile-based platform for rotating savings and credit associations (ROSCAs).
Highlights:Funding Boost: MoneyFellows raised $13 million...
UK Financial Sector Unites to Fund Commercial Variable Recurring Payments (VRPs)
31 financial institutions collaborate to establish a new entity for advancing commercial VRPs in the UK
Highlights:Industry Collaboration: 31 fintechs, banks, and payment providers—including...
JPMorgan Shuts Down Capital Connect: A Shift in Startup Investment Strategy
JPMorgan Chase discontinues Capital Connect, refocusing its venture capital engagement strategy
Highlights:Capital Connect Closure: JPMorgan Chase has shut down Capital Connect, a platform launched...
UK Treasury Committee Warns Shops May Be Forced to Accept Cash
As cash usage declines, UK lawmakers consider mandating businesses to accept physical currency to protect vulnerable consumers.Highlights:Declining Cash Acceptance: The UK Treasury Committee...
Finastra Launches Message Transformation Service for MT to ISO 20022 Migration
Finastra introduces a new service to help banks transition from SWIFT MT messages to the ISO 20022 standard seamlessly.Highlights:Seamless Transition: Finastra’s new service...
Yorkshire Building Society Partners with Infosys for Digital Banking Transformation
Yorkshire Building Society selects Infosys to modernize banking operations, enhance customer experience, and drive digital innovation.Highlights:Strategic Collaboration: Infosys will support Yorkshire Building Society...
Backbase Unveils AI-Powered Banking Platform to Transform Financial Services
Backbase introduces the world’s first AI-powered banking platform, designed to enhance customer engagement and operational efficiency.Highlights:AI-Driven Banking: Backbase’s new platform integrates AI to...
Taurus and Figment Partner to Expand Institutional Staking Globally
Taurus integrates Figment’s enterprise-grade staking infrastructure to enhance institutional access to digital asset staking.Highlights:Institutional Staking Access: Taurus collaborates with Figment to provide regulated...
Circle Secures In-Principle Regulatory Approval from ADGM’s FSRA
Circle strengthens its presence in the UAE with in-principle approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority.Highlights:Regulatory Milestone: Circle receives In-Principle...
