Kraken, one of the longest-standing, most liquid and secure cryptocurrency exchanges, has announced plans for its new colocation service, aimed at clients and partners seeking ultra-fast execution. The service is designed to further enhance trading performance and scalability, while maintaining fair and transparent access to Kraken’s global crypto markets.

Virgin Money customers will soon be able to see their credit card and current account balances and transactions from other banks on the Virgin Money Credit Card App, thanks to a new collaboration between the UK bank and Mastercard. With this smart personal finance solution, powered by Mastercard’s open banking technology, Virgin Money customers will be able to manage their finances quickly, easily and conveniently in one single place.

Spruce Point Capital Management, LLC, a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled, “Why We Mistrust Remitly”, that outlines why we believe and estimate that shares of Remitly Global, Inc.  face approximately 40% – 55% potential long-term downside risk, or $9.00 – $12.00 per share. 

Spruce Point Report Overview

Families and businesses across the country could benefit from greater choice, flexibility and smoother purchases, under proposals being considered by the FCA.

Making regulation less prescriptive would also give firms greater control and could promote innovative payment methods or fraud prevention solutions.

This forms part of the work, announced in January in a letter to the Prime Minister to support growth.

In their first full year of partnership in 2024, Payments Network Malaysia Sdn Bhd (PayNet) and Ant International, a leading global digital payment, digitisation and financial technology provider, brought new economic opportunities to Malaysian SMEs, with Alipay+ m

TreasurySpring, the global cash investment platform, has announced the appointment of Sashi Dias Valtz to the newly created role of Chief Commercial Officer.

Mastercard is deepening its collaboration with Paymentology, a next-generation global issuer processor, to facilitate card issuance for fintech companies in South Africa. This collaboration will support fintechs with the expertise, infrastructure, and rapid go-to-market capabilities needed to navigate the complexities of issuing cards—unlocking new opportunities for financial inclusion and digital transformation.

Kuady, a leading digital wallet solution, has announced a new partnership with Deriv, a global online trading platform, to integrate its payment services for both deposits and withdrawals. This integration will provide Deriv users with a faster, more secure, and seamless payment experience, enhancing their ability to trade efficiently.

In a groundbreaking move, No Cap, the world’s first AI angel investor, has announced a $100,000 investment in Wonder Family, a startup founded by Artem Goldman. Developed by Jeff Wilson, Alexander Nevedovsky, and a team of innovators, No Cap leverages AI to identify and back high-potential startups.

With research conducted post-US election, Taulia’s annual Supplier Sentiment Survey found that 85% of suppliers are optimistic about prospects in 2025, with 56% being “very optimistic”, despite uncertainty over rising tariffs and protectionism. This optimism is a significant jump from the cautious sentiment seen over the past few years, rising from 2022 when just 18% of suppliers were “very optimistic” about the year ahead.