Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently.

bolttech, one of the world’s fastest-growing international insurtech companies, today announced Tokio Marine, alongside other shareholders, will lead bolttech’s Series B funding round. The investment values bolttech, Singapore’s only homegrown insurtech unicorn, at an up-round valuation of approximately US$1.5 billion, one year after it closed the largest ever Series A funding round for an insurtech.

Crypto exchange Coinbase has raided German digital assets firm Solaris to appoint its chief operating officer Daniel Seifert as regional managing director for Europe.

The new appointee will be expected to lead Coinbase's expansion in the European crypto market. 

In a statement reported by Bloomberg, Coinbase said it would fill a number of core positions within its European team.

Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company, Caribbean Investments Holdings Limited (CIHL).

AI-based automation can relieve banks of the heavy compliance burden, according to a new whitepaper – Navigating the complex sanctions landscape: letting AI take the strain – from a leading provider of technology-assisted document checking software Conpend.

SRAX, Inc., a financial technology company that unlocks data and insights for publicly traded companies, has announced the release of the Deal Center feature on Sequire, its SaaS platform. The Deal Center is a comprehensive market intelligence tool that utilizes machine learning to help issuers understand the day-to-day activity of the financing transactions they completed, and it helps them predict the outcome of entering into financings with specific investors.

Passiv, the Atlantic Canadian fintech company known for their portfolio management software that caters to retail investors, has closed a $2.2 million USD seed round.

BIAN, the independent not-for-profit association, is today announcing its Open-Source Specification tool. Through its Open-Source offering, organizations now have access to a set of message definitions made freely available for modification and redistribution.

Mastercard today introduces Crypto Source^TM, a new program to enable financial institutions to bring secure crypto trading capabilities and services to their customers.

Giesecke+Devrient (G+D) is proud to announce that the eCom Tokenizer solution has been recognized as a winner in the “Fraud and Security Innovation: Payment Tokenization Solution” category of the 2022 Juniper Future Digital Awards. The solution impressed the jury with its scalability and platform-agnostic approach.