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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
Dwolla Expands Instant Payment Capabilities to Simplify Business Payments

Dwolla, a leading U.S.-based account-to-account payment solution, today announced the inclusion of the Federal Reserve’s FedNow Service instant payment system into its platform via its banking partner. By enabling access to both the FedNow Service and the RTP network and using intelligent routing to orchestrate between them, this enhancement increases the reach and efficiency of instant payments for businesses.

Tuesday, July 29, 2025 - 14:00
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/news/payments/dwolla-expands-instant-payment-capabilities-simplify-business-payments
Financial IT
Tide Now Supports Over 1.5 Million Small Businesses Globally

Tide, the UK’s leading business management platform, today announces it has surpassed 1.5 million members globally. Tide has added over 500,000 members since September 2024, with the UK now at 750,000 and India at more than 750,000. Tide’s share of the UK market has grown to 13%.

Tuesday, July 29, 2025 - 13:54
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/news/banking/tide-now-supports-over-15-million-small-businesses-globally
Financial IT
Mambu Unveils Upgraded Islamic Banking Capabilities to Power the Next Generation of Shari’ah-Based Finance

Mambu, the composable core banking and payments platform, today announced the launch of its enhanced Islamic banking capabilities, designed to empower financial institutions to build, deploy, and scale Shari’ah-compliant products with speed, transparency, and confidence.

Tuesday, July 29, 2025 - 13:52
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/news/banking/mambu-unveils-upgraded-islamic-banking-capabilities-power-next-generation-shariah-based
Financial IT
Revolut Welcomes 16–17 Year Olds to Its Main App in Financial Independence Push for Older Teens

Revolut, the global fintech with more than 11 million UK customers, has extended access to its retail account for 16-17 year olds, giving them increased financial independence during some of their most formative years. 

Tuesday, July 29, 2025 - 13:22
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/news/banking/revolut-welcomes-16-17-year-olds-its-main-app-financial-independence-push-older-teens
Financial IT

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