Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasury management tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time. The new liquidity management capabilities offer firms a means to dramatically reduce their financing costs which have been elevated by interest rate normalisation.

Mastercard today announced the appointment of Winnie Wong as country manager, Thailand and Myanmar.

Based in Bangkok, Winnie will oversee all Mastercard activities in the two markets, including business development, implementation of innovative, safe, and smart payments solutions for businesses and consumers, as well as the growth and delivery of commercial solutions to corporations and SMEs.

Zumo, the B2B digital assets infrastructure, has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing its commitment to a greener financial services industry as it extends its reach further into the region.

Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks.

Treasury Prime, a leading embedded banking software company, announced today the addition of Kobalt Labs, an AI-powered copilot for risk and compliance teams, to the Treasury Prime Partner Marketplace.

Houlihan Lokey, Inc., the global investment bank, announced today that Geoff Rhizor has joined as a Managing Director. Based in San Francisco, Mr. Rhizor will join the Technology Group where he will focus on the social impact/nonprofit and office of the CFO software sectors and will collaborate with members of the FinTech Group in the latter.

Leading European artificial intelligence and blockchain technology provider Humans.ai announces the strategic acquisition of Starfish Technologies, inventor of TensorChain and part of Home of Prodigy, in a cash and shares deal. This acquisition marks a significant step forward in the development of TensorChain, a groundbreaking innovation designed to revolutionize the way blockchain handles artificial intelligence deployment through the power of tensor-based operations.