All content with RSS

MetaWealth Becomes First RWA Investment Platform To Distribute 1 Million USD To Token Holders

MetaWealth, a leading platform for tokenized real estate investment, today announced it has surpassed a major milestone, distributing $1 million in yield income to its global community of investors.

Thursday, July 3, 2025 - 14:02
66006
/news/investment/metawealth-becomes-first-rwa-investment-platform-distribute-1-million-usd-token
Financial IT
Credit Card Debt Per Borrower Climbs To £2,920 As Consumer Optimism Grows

The average credit card debt per borrower has climbed to £2,920 – according to the Consumer Credit Report 2025 from TransUnion, a global information and insights company.

With two-thirds (67%) of consumers feeling financially comfortable and 43% optimistic about their household finances over the next 12 months – up from 26% in 2022 – demand for credit is growing. Since 2022, the average credit card balance per borrower has grown by 15%.

Thursday, July 3, 2025 - 13:59
66005
/news/credit-cards/credit-card-debt-borrower-climbs-ps2920-consumer-optimism-grows
Financial IT
Guavapay Joins The Lord Mayor’s Delegation To The Gulf Region Promoting City Of London

Representatives of Guavapay, the UK payments enabler, have undertaken a strategic trade visit to the Gulf Region, including Qatar, Saudi Arabia and the United Arab Emirates (UAE). The delegation, led by The Lord Mayor of London, Alderman Alastair King, aimed to deepen UK-Gulf business ties and spotlight Britain as a top destination for Emirati investment.

Thursday, July 3, 2025 - 13:55
66004
/news/payments/guavapay-joins-lord-mayors-delegation-gulf-region-promoting-city-london
Financial IT
AMINA Becomes The First Bank Globally To Support Ripple USD (RLUSD) As Demand For Stablecoins Surges

AMINA Bank AG, a Swiss Financial Market Supervisory Authority (FINMA)-regulated crypto bank with global reach, today becomes the first bank globally to directly support Ripple USD (RLUSD), a stablecoin valued one-to-one to the US dollar, offering a blend of stability, efficiency, and regulatory compliance. At launch, custody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.

Thursday, July 3, 2025 - 13:28
66003
/news/cryptocurrencies/amina-becomes-first-bank-globally-support-ripple-usd-rlusd-demand-stablecoins
Financial IT
Making Banks’ Data Reporting More Efficient

Collecting data from banks is essential for authorities to conduct monetary policy, supervision and resolution. But banks in Europe are facing more and more regulatory reporting requirements from various European and national authorities. These requirements often differ in terms of definitions, reporting deadlines and templates. For banks, this lack of harmonisation makes reporting unnecessarily burdensome; for authorities, it complicates sharing and analysing data.

Thursday, July 3, 2025 - 12:30
66002
/news/data/making-banks-data-reporting-more-efficient
Financial IT
BBVA Deepens Partnership With Google Cloud To Innovate With AI

BBVA and Google Cloud today announced the deployment of Google Workspace with Gemini across the global operations of the bank. This initiative will empower BBVA's over 100,000 employees worldwide with secure generative AI experiences in tools like Gmail, Google Docs, Google Sheets, and more.

Thursday, July 3, 2025 - 12:25
66001
/news/artificial-intelligence/bbva-deepens-partnership-google-cloud-innovate-ai
Financial IT
Broadridge to Acquire Acolin, Accelerating Modernization and Transparency in Cross-Border Fund Distribution

Global Fintech leader 

Thursday, July 3, 2025 - 12:09
66000
/news/investment/broadridge-acquire-acolin-accelerating-modernization-and-transparency-cross-border
Financial IT
Worldpay Expands Global Reach With Thai Market Entry

Worldpay®, a global industry leader in payments technology and solutions, announced today that it is adding domestic acquiring capabilities in Thailand, expanding its presence in the Asia Pacific market. This expansion is core to Worldpay’s strategy for enabling global merchants to serve local consumers with preferred payment types, accelerating commerce through improved authorization rates, robust fraud protection, and efficient settlements.

Thursday, July 3, 2025 - 12:05
65999
/news/payments/worldpay-expands-global-reach-thai-market-entry
Financial IT
Coinstash Secures AUD $5 Million In Series A Funding To Accelerate Product Expansion And Licensing Efforts

Coinstash, one of Australia’s leading crypto platforms, has successfully closed a Series A funding round, raising AUD $5 million from a combination of new and existing investors. The raise positions Coinstash to strengthen its regulatory licensing portfolio and introduce new financial products tailored for the digital asset space.

Thursday, July 3, 2025 - 11:35
65998
/news/fundraising-news/coinstash-secures-aud-5-million-series-funding-accelerate-product-expansion
Financial IT
Flagright Empowers HitPay To Enhance Payment Security And Compliance Across Southeast Asia

Flagright, a leader in AI-native transaction monitoring and AML compliance solutions, is excited to announce HitPay as its newest customer.

HitPay, a pioneering all-in-one payment platform for SMEs, is integrating Flagright’s advanced security technologies to ensure its innovative payment solutions remain secure and compliant as they expand their services across Southeast Asia and beyond.

Thursday, July 3, 2025 - 11:31
65997
/news/payments/flagright-empowers-hitpay-enhance-payment-security-and-compliance-across-southeast
Financial IT

Pages