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CFIT Appoints Anna Wallace as CEO

The Centre for Finance, Innovation and Technology (CFIT) today confirms the appointment of Anna Wallace as CEO.

Wallace will lead CFIT into its next phase of growth, as it prepares to launch new industry-wide innovation Coalitions and continues to drive progress in areas including Smart Data, Digital ID, financial inclusion, Digital Assets and AI.

Wednesday, July 30, 2025 - 09:59
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/news/people-moves/cfit-appoints-anna-wallace-ceo
Financial IT
EzyRemit Scales Cross‑Border Payments With Thunes to Empower Expatriate Communities Globally

Thunes, the Smart Superhighway to move money around the world, announces a new collaboration with EzyRemit, one of the fastest-growing digital money transfer operators, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.

Wednesday, July 30, 2025 - 09:57
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/news/payments/ezyremit-scales-cross-border-payments-thunes-empower-expatriate-communities-globally
Financial IT
AstroPay Launches AstroPay Platform to Let Any Company Embed Global Financial Services at Scale

AstroPay, the financial operating system trusted by millions of users globally, today launched its boldest product yet: AstroPay Platform. For the first time, any company—fintech or not—can build and launch their own global financial products using the same infrastructure that powers AstroPay’s consumer wallet.

Wednesday, July 30, 2025 - 08:40
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/news/payments/astropay-launches-astropay-platform-let-any-company-embed-global-financial-services
Financial IT
Cash App Launches Pools for Group Payments

Cash App today announced the launch of pools, a new peer-to-peer payment feature that enables group payments with just a few taps. From friends planning their next big vacation to coworkers chipping in for a colleague’s wedding gift, Cash App pools make it easy to manage payments and track shared goals in one place. Pools supports contributions directly through Cash App as well as via Apple Pay and Google Pay.

Wednesday, July 30, 2025 - 08:38
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/news/payments/cash-app-launches-pools-group-payments
Financial IT
Pagaya Closes AAA‑Rated $500 Million PAID Deal, Continuing Strong Execution Across ABS Programs

Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2025-5, a $500 million asset-backed securitization (ABS) backed by consumer loans originated on the Pagaya network. The deal was upsized from an initial target of $400 million and received a AAA rating from Kroll Bond Rating Agency (KBRA).

Wednesday, July 30, 2025 - 07:41
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/news/fundraising-news/pagaya-closes-aaa-rated-500-million-paid-deal-continuing-strong-execution
Financial IT
Regula and Indicio Partner to Transform Identity Verification With Verifiable Credentials

Regula, a global developer of identity verification (IDV) solutions and forensic devices, enters a strategic technology partnership with Indicio, a market leader in Verifiable Credential technology and decentralized identity solutions. Together, the two companies will deliver a breakthrough in portable digital trust by issuing document and biometric identity verification solutions as tamper-proof Verifiable Credentials. 

Wednesday, July 30, 2025 - 07:25
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/news/digital-identity/regula-and-indicio-partner-transform-identity-verification-verifiable
Financial IT
Coinme Expands Cash-to-Crypto Access to More Than 50,000 Locations

Coinme, a leading cryptocurrency cash exchange and provider of B2B2C crypto-as-a-service solutions, today announced users can now fund their wallets using Coinme Cash at over 10,000 locations, powered by the Green Dot network at prominent retailers, further solidifying its position as the largest physical cash-to-crypto network in the country. Coinme's cash footprint now reaches over 50,000 U.S.

Wednesday, July 30, 2025 - 07:12
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/news/cryptocurrencies/coinme-expands-cash-crypto-access-more-50000-locations
Financial IT
Republic Technologies Leverages Kraken to Advance Ethereum Infrastructure

Republic Technologies Inc. is pleased to announce that it has integrated with Kraken, one of the world's leading digital asset exchanges, to support the execution and growth of Republic's infrastructure operations. 

Tuesday, July 29, 2025 - 16:25
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/news/cryptocurrencies/republic-technologies-leverages-kraken-advance-ethereum-infrastructure
Financial IT
A Better Credit System Starts With Better Data

For decades, access to credit has hinged on traditional scoring models that weigh a narrow set of financial behaviors like timely loan payments, credit card balances, and length of credit history, among others. But this system doesn’t work for everyone. Millions of Americans who pay their rent, utilities, or phone bills on time still lack the history required to generate a strong credit score. As a result, they’re often denied fair access to lending or face higher rates than their financial behavior warrants.

Tuesday, July 29, 2025 - 14:49
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/blog/creditinnovation-datadrivenfinance/better-credit-system-starts-better-data
Financial IT
Adyen Research Reveals 31% of UK Travellers Use AI to Book Summer Vacations, Up 67% from 2024

Adyen, the global financial technology platform of choice for leading businesses, has today published its 2025 Hospitality and Travel Report. The report highlights the transformative role AI is having on traveller behaviour and purchasing. A key trend highlighted is the growing consumer demand for hospitality businesses to integrate product search and transaction functionalities directly into their booking platforms.

Tuesday, July 29, 2025 - 14:35
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/news/artificial-intelligence/adyen-research-reveals-31-uk-travellers-use-ai-book-summer-vacations-67
Financial IT

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