TerraPay, a global money movement company, today announced its strategic partnership with MilX powered by Air Media Tech/Influencers Group, marking TerraPay’s official launch of the payouts for content creators and the gig economy. This milestone reinforces TerraPay’s vision of powering borderless payments for emerging digital communities worldwide.
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UAB Profitus Crowdfunding, the operator of the Profitus real estate crowdfunding and peer-to-peer (P2P) investment platform, has selected AMLYZE, a RegTech provider focused on modern, technology-driven compliance solutions, to strengthen its client risk management processes and support the platform’s continued growth.
PT Artajasa Pembayaran Elektronis (“Artajasa”), Indonesia’s leading payment system infrastructure provider, has entered into a Memorandum of Understanding (MoU) with Ant International, a leading global digital payment, digitisation and financial technology provider. This strategic collaboration will advance the integration of seamless cross-border payment, AI-powered mobile innovations, and SME digtialisation solutions between Indonesia and Ant International’s extensive global ecosystem.
The Board of Directors (“Board”) of BlackRock, Inc. has elected Gregg R. Lemkau, Co-Chief Executive Officer of BDT & MSD Partners, to the BlackRock Board. Mr. Lemkau joins the Board today as an independent director.
OCBC Group (“OCBC”), leveraging the Citi Securities Lending Access™ (“CSLA”) platform, has rolled out a securities lending programme. The programme enables retail and corporate customers of OCBC Securities, as well as clients of its private banking arm, Bank of Singapore, to enhance portfolio returns by lending out their idle securities to institutional borrowers for fee income. They will still receive dividends, coupon payments and bonus issues, and retain full flexibility to sell their securities at any time.
Eftsure, a B2B payment protection and vendor management platform, today announced its partnership with iPiD, a global fraud prevention platform, as part of its broader ecosystem supporting vendor management and payment protection.
Revolut, the global fintech with over 70 million customers, announced the end of its Beta phase today, officially launching its full banking operations in Mexico. Revolut Bank S.A Institución de Banca Múltiple is the first bank that Revolut has established and launched outside of the European continent. This strategic expansion into one of the world’s key markets extends Revolut's presence to 40 countries and demonstrates its commitment to delivering innovative financial solutions globally.
Revolut, the global fintech with over 70 million customers, announced the end of its Beta phase today, officially launching its full banking operations in Mexico. Revolut Bank S.A Institución de Banca Múltiple is the first bank that Revolut has established and launched outside of the European continent. This strategic expansion into one of the world’s key markets extends Revolut's presence to 40 countries and demonstrates its commitment to delivering innovative financial solutions globally.
Wells Fargo & Company today announced the appointment of Faraz Shafiq as Head of AI Products and Solutions, effective Feb. 9. This move demonstrates the bank’s commitment to leveraging artificial intelligence (AI) to shape the future of financial services and transform how it works to deliver for employees, customers, and communities.
Shafiq will report to Saul Van Beurden, Head of AI and Co-CEO of Consumer Banking and Lending, and work out of San Francisco.
N26 today announced the launch of N26 for under 18s, a new kids’ debit card designed for children aged 7 to 17, managed through their parent’s N26 app. The product gives kids their own debit card, empowering them to embark on their first experiences with financial independence and money management. Parents stay in full control through their N26 app, where they can manage spending limits, card settings, and all account activity.This launch marks a strategic milestone in N26’s ambition to build a holistic, digital-first banking offering for the entire family.
















