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U.S. Bancorp Comments On Dodd‑Frank Act Stress Test Results

U.S. Bancorp  commented on the results of the Federal Reserve’s Dodd-Frank Act Stress Test (DFAST) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Thursday, July 3, 2025 - 07:26
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/news/banking/us-bancorp-comments-dodd-frank-act-stress-test-results
Financial IT
Mogo Announces $50 Million Bitcoin Treasury Authorization And Strategic Alignment With Bitcoin Across The Organization

Mogo Inc., a leading Canadian digital wealth and lending platform, today announced that its Board of Directors has authorized the allocation of up to $50 million to Bitcoin as part of the Company’s long-term capital preservation and product innovation strategy. The move marks a significant step in Mogo’s strategic alignment with Bitcoin, integrating it across treasury policy and its core operating platform.

Thursday, July 3, 2025 - 07:17
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/news/blockchain/mogo-announces-50-million-bitcoin-treasury-authorization-and-strategic-alignment
Financial IT
Lendbuzz Completes $266 Million Asset‑Backed Securitization

Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $266 million securitization (“LBZZ 2025-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.

Thursday, July 3, 2025 - 07:11
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/news/fundraising-news/lendbuzz-completes-266-million-asset-backed-securitization
Financial IT
AFS And Mawarid Finance Launch UAE Fintech Enablement Hub

In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities.

Wednesday, July 2, 2025 - 14:43
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/news/infrastructure/afs-and-mawarid-finance-launch-uae-fintech-enablement-hub
Financial IT
Jaja Finance Becomes The First Credit Card Provider To Partner With Plain Numbers

Jaja Finance, the digital lender, has become the UK’s first credit card provider to partner with Plain Numbers, to help its customers better understand their credit card bills and make informed spending decisions at a time when they need it most.

It is estimated that just under half of working-age adults in the UK have numeracy skills at or below the level expected of an 11-year-old, with about 20 million people in Britain having poor numeracy skills*.

Wednesday, July 2, 2025 - 14:33
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/news/credit-cards/jaja-finance-becomes-first-credit-card-provider-partner-plain-numbers
Financial IT
Remark Raises $16M Series A To Humanize AI In Online Shopping

Remark, the company building human-trained AI product experts for commerce, today announced a $16 million Series A funding round. The round was led by Inspired Capital, with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures, bringing the company’s total funding to $27 million.

Wednesday, July 2, 2025 - 14:08
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/news/fundraising-news/remark-raises-16m-series-humanize-ai-online-shopping
Financial IT
Reimagining Acquiring – Why Banks Must Modernise Now

Facing increased competition and rising expectations, financial institutions must rethink their approach to payments infrastructure before it's too late.

The acquiring market is at a strategic turning point. Across Europe and globally, traditional banks are reassessing their role in the payments ecosystem as new technologies, customer expectations, and regulatory demands converge. The choices that banks make now will determine their relevance in a fast-evolving marketplace.

Wednesday, July 2, 2025 - 13:38
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/blog/bankmodernisation-acquiringinnovation/reimagining-acquiring-why-banks-must-modernise-now
Financial IT
B2B Payments: monday.com Boosts High Order Value in Brazil With Cash And Installment Payments Through EBANX

EBANX, a global technology company specializing in payment services for emerging markets, shared new data on how monday.com, the global software company that transforms how businesses run, is optimizing payments for its customers in Brazil with EBANX’s payment solutions.  

Supported by a payment strategy focused on local solutions, monday.com elevated the average ticket in the country to above the USD 9,000 mark.

Wednesday, July 2, 2025 - 13:33
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/news/payments/b2b-payments-mondaycom-boosts-high-order-value-brazil-cash-and-installment-payments
Financial IT
Santander To Acquire TSB From Sabadell For £2.65 Billion

Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of £2.65 billion (approximately €3.1 billion) in an all-cash transaction.

Strengthened customer proposition 

Wednesday, July 2, 2025 - 13:24
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/news/banking/santander-acquire-tsb-sabadell-ps265-billion
Financial IT
Ripple And OpenPayd Partner To Deliver Enterprise Ready Stablecoin And Payment Infrastructure

OpenPayd, a leading provider of financial infrastructure, has announced a strategic partnership with Ripple, the leading provider of digital asset infrastructure for financial institutions, bringing together two infrastructure leaders with deep expertise across blockchain and traditional finance to deliver compliant, efficient and scalable payment solutions for enterprise clients. 

Wednesday, July 2, 2025 - 13:20
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/news/cryptocurrencies/ripple-and-openpayd-partner-deliver-enterprise-ready-stablecoin-and-payment
Financial IT

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