Citi Ventures has announced a strategic investment in BVNK, the global stablecoin infrastructure platform. The move follows recent backing from Visa, Haun Ventures, Tiger Global and other top-tier investors highlighting the accelerating institutional shift toward stablecoin-based infrastructure.
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Ripple, a leader in enterprise blockchain and crypto solutions, and SBI Holdings, a major Japanese financial services conglomerate and its subsidiary SBI VC Trade Co., Ltd., a provider of crypto asset exchange business (jointly “SBI Group”), today announced a new memorandum of understanding (MOU) for SBI VC Trade, a licensed Electronic Payment Instruments Exchange Service Provider in Japan and subsidiary of SBI, outlining their intention to distribute Ripple USD (RLUSD) in Japan.
Zimperium’s zLabs research team has identified a new variant of the notorious Hook Android banking trojan, now equipped with some of the most advanced capabilities seen in mobile malware to date. Dubbed Hook v3, this variant expands its arsenal to 107 remote commands, including 38 newly added, enabling attackers to steal data, hijack sessions, and bypass device defenses with unprecedented sophistication.
Among its most alarming new features:
Adyen, the global payments platform trusted by leading companies worldwide, today announced the next step in its partnership with Hungry Jack’s with the launch of Adyen Giving, making it simpler than ever for customers to donate at checkout.
Wells Fargo’s Wealth & Investment Management (WIM) division, in collaboration with InvestCloud, now offers alternative investments as an eligible investment in its Personalized Unified Managed Account (Personalized UMA) program. This move demonstrates WIM’s market leadership as one of the first large wire houses to make this option available at scale and provides both advisors and clients with greater choice and convenience by allowing more investment types in a single account.
Liberis, a leading global embedded finance platform, today announced a new partnership with Elavon, a leading payments provider and subsidiary of U.S. Bank, to launch Quick Capital, a seamless funding solution for small businesses across the United States.
TSB warns music fans to stay vigilant to ticket fraud, as the bank's customer data shows how fans desperate to see Taylor Swift and Oasis fell victim to scams.
TSB compared the 15 Taylor Swift UK shows in 2024, with 15 UK Oasis concerts this summer to uncover which led to the most losses for its customers.
CloudWalk, one of the fastest-growing global financial technology companies behind InfinitePay and Jim.com, has taken the lead in Brazil’s Open Finance rankings. According to the latest quarterly report by consulting firm Bip, CloudWalk — through its InfinitePay platform — now holds 19.5% of all business account data-sharing consents, a 97% increase since May. This puts the company ahead of major banks and fintechs with larger corporate customer bases.
Domino Data Lab, provider of the leading Enterprise AI platform, and UBS, the largest truly global wealth manager and the leading bank in Switzerland, today announced a significant expansion of their strategic partnership to support UBS’s continued leadership in enterprise artificial intelligence (AI) and its model development. The partnership is strengthened with an equity investment led by UBS, and a UBS representative will join the Domino Data Lab Board as an observer.
2C2P Pte Ltd, Southeast Asia’s leading full-suite payments platform, today announced that it has been granted a Major Payment Institution licence from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019.