FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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Experian launches digital checking account and debit card for US consumers

Experian, the global financial services firm, has introduced digital checking account and debit card products in the United States to help customers manage their...

Visa to invest $100m in GenAI firms focused on commerce and payments

Visa has launched a $100 million generative AI (GenAI) ventures initiative to invest in GenAI start-ups focusing on payments, fintech, and commerce, aiming to...

Affinity Federal Credit Union expands cannabis banking programme with Green Check

Affinity Federal Credit Union, New Jersey's largest credit union, partners with Green Check to enhance its cannabis banking program, providing financial services to cannabis-related...

Visa taps US security operations provider Expel for MDR capabilities

Visa has partnered with security operations provider Expel to enhance its clients' cybersecurity by leveraging Expel's managed detection and response (MDR) solution, aiming to...

UBS taps Broadridge for sponsored repo solution

UBS has implemented Broadridge's sponsored repo solution to digitize its sponsored repo trade flows, leveraging distributed ledger technology (DLT) and smart contracts for cost...

Tap Global sets up US expansion through Zero Hash partnership

UK-based cryptocurrency app Tap Global is partnering with Chicago-based B2B2C cryptocurrency infrastructure platform Zero Hash to enter the US market, overcoming regulatory challenges. FactsTap...

Lloyds Bank taps digital identity firm Yoti for “reusable” digital identity app

Lloyds Bank has partnered with Yoti to introduce a reusable digital identity app, Lloyds Bank Smart ID, aimed at enabling UK consumers to securely...

Project Mariana successfully completes cross-border settlement of wholesale CBDCs

Project Mariana successfully tested cross-border settlement capabilities of wholesale central bank digital currencies (wCBDCs) across major global markets. FactsProject Mariana, initiated in November 2022,...

Central Bank of Ireland proposes minimum knowledge requirements for credit union workers

The Central Bank of Ireland is implementing minimum knowledge and competence standards for staff working at credit unions, aiming to enhance their skills and...
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