RedotPay Launches Crypto Credit Card with Visa and StraitsX for Seamless Global Spending
RedotPay teams up with Visa and StraitsX to introduce a crypto credit card, enabling real-time crypto-to-fiat spending ... Read More
BNY Facilitates Largest Instant Payment in US History
BNY has made history by sending the largest instant payment ever recorded in the US, transferring $10 million to Bank of America via The Clearing House’s RTP Network on behalf of Computershare. This milestone transaction was enabled by ... Read More
Rapyd in Talks to Raise $300 Million at Reduced Valuation
Payments-as-a-Service platform Rapyd is reportedly in discussions to raise 300 million at a valuation of 3.5 billion, significantly lower than the $9 billion valuation it achieved in 2021, according to Bloomberg. Rapyd’s platform ... Read More
Klarna Explores Crypto Integration Ahead of Anticipated IPO
Buy now, pay later leader Klarna is preparing to integrate cryptocurrency into its platform as it gears up for an anticipated IPO in April. CEO Sebastian Siemiatkowski hinted at the move in a post on X, seeking ideas on how best to ... Read More
iPiD Launches AI-Powered Name Matching Tool for Verification of Payee
Payment identity network iPiD has partnered with Microsoft to develop an AI-powered name-matching tool designed to streamline Verification of Payee (VoP) processes. The solution addresses new European regulations, effective October, which ... Read More
AdviserSoftware and InterGen Data Highlight Risks of Using DeepSeek for Financial Advisers
AdviserSoftware.com, part of FTRC, has partnered with Robert Kirk, CEO of InterGen Data, to analyze the risks associated with using DeepSeek, an AI platform gaining traction among financial advisers. Their findings reveal significant ... Read More
India Introduces Exclusive Domains for Banks to Combat Cybercrime
India is launching exclusive domains for banks and financial services providers to enhance cybersecurity and combat phishing attacks. The Reserve Bank of India (RBI) announced that a “.bank.in” domain will be introduced for banks ... Read More
FCA Cracks Down on Misleading Financial Promotions, Doubles Enforcement Actions
The UK’s Financial Conduct Authority (FCA) intervened in nearly 20,000 financial adverts last year, forcing their withdrawal or amendment—nearly double the number from 2023. The regulator identified cryptoassets, debt solutions, and ... Read More
Gemini Explores IPO Amid Regulatory Challenges
Cryptocurrency platform Gemini is reportedly in talks with potential advisors to explore an initial public offering (IPO), potentially launching as early as this year. According to Bloomberg, unidentified sources close to the matter ... Read More
BMO Joins IBM Quantum Network to Advance Financial Innovation
BMO has become the first Canadian bank to join the IBM Quantum Network, securing access to IBM’s cutting-edge quantum infrastructure. The move is aimed at leveraging quantum computing to develop next-generation financial solutions, ... Read More