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The Central Bank of Bahrain (CBB) has updated its Open Banking Framework, mandating all licensed banks to expose APIs for corporate accounts. The amendments also require obtaining customer consent and authentication, licensee disclosures, and reporting API performance by service providers.
Affirm, the payment network that empowers consumers and helps merchants drive growth, has launched its flexible and transparent pay-over-time options in the UK.
Based in Dublin, McDonnell will spearhead MiFinity’s innovation strategy, with a key focus on accelerating the integration of artificial intelligence (AI) throughout the company’s infrastructure to enhance product offerings and operational efficiencies further.
Broadridge Financial Solutions, Inc. (NYSE: BR), today announced the launch of Broadridge® ClearFi (“ClearFi”), a new suite of products to help financial intermediaries operating within the Digital Asset space to get out ahead of current and emerging disclosure regulations.
Lili, the financial platform designed for small business owners, today announced that it is launching Lili Connect, an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili's comprehensive financial management tools directly through their platform.
Paxos, the leading regulated blockchain and tokenization infrastructure platform, today introduced Global Dollar (USDG) – a US dollar-backed stablecoin that is substantively compliant with MAS’ upcoming stablecoin framework. Paxos Digital Singapore Pte. Ltd. is the issuer of USDG and is regulated by the Monetary Authority of Singapore (MAS). Paxos’s affiliate, Paxos Global Pte. Ltd., will partner with global exchanges, wallets and platforms to distribute USDG to individuals and institutions.
