Digital Asset Industry Leaders to Launch Lynq, a Real-Time, Yield-Bearing Settlement Network for Institutional Clients
- 11 hours 33 min ago
- Asset Management
Arca Labs, Tassat Group, Inc. today announced the launch of Lynq, a real-time, yield-bearing settlement network powered by a tokenized treasury fund custodied at a special purpose broker-dealer. This announcement comes after more than a year of market engagement, platform development and the creation of the Arca Institutional U.S. Treasury Fund “TFND”, a tokenized treasury fund that issues shares as digital asset securities.
Flex Accelerates Consumer Expansion by Joining Forces With Maza in Strategic M&A With Additional $10 Million Investment From Wellington
- 11 hours 43 min ago
- Investment
Flex, the fintech company revolutionizing back office finance for ambitious business owners, and Maza, one of the largest entity formation and payments apps for Spanish-speaking solopreneurs and consumers, announce their M&A. As part of the deal, Maza will rebrand as Flex Consumer, a new arm within Flex focused on enabling business owners to manage their commingled personal and business finances.
Spendesk Partners With Dust to Provide Tailored and Data-Compliant AI Solutions
- 11 hours 43 min ago
- Data
Spendesk, the leading spend management and procurement platform for mid-market companies, announces its company-wide adoption of
Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order
- 12 hours 13 min ago
- Compliance
Wells Fargo & Company today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has terminated. This is the twelfth consent order closed by Wells Fargo’s regulators since 2019 and the sixth since the beginning of the year. Charlie Scharf, Wells Fargo’s CEO, said of today’s news:
Kraken Offers US Securities Through Strategic Partnership With Alpaca
- 12 hours 13 min ago
- Trading Systems
Kraken, one of the world’s most trusted and longest-standing cryptocurrency platforms with more than 15 million global clients, now offers US securities to US-residing clients.
Mitek Appoints Industry Expert Garrett Gafke as Chief Operating Officer to Accelerate Growth and Innovation
- 12 hours 18 min ago
- People Moves
Mitek Systems, Inc., a global leader in digital identity verification, fraud prevention, and biometrics, today announced the appointment of Garrett Gafke as Chief Operating Officer. A recognized entrepreneur and Fortune 500 executive, Mr. Gafke brings decades of experience scaling and transforming technology businesses across risk, fraud, and digital identity.
Fraud Loss Reaches £2.3 Billion as Fraudsters Become Increasingly Sophisticated
- 12 hours 21 min ago
- Cybersecurity
New figures show the total reported amount lost to fraud reached £2.3bn in 2024, according to a freedom of information request by RSM UK to Action Fraud.
Phixius by Nacha Expands Bank Account Validation Coverage With ValidiFI
- 12 hours 23 min ago
- Banking
Phixius by Nacha—a secure, peer-to-peer payment information network—announced today that ValidiFI is live on the Phixius network as an additional provider of bank account validation. Phixius now offers multiple providers of account validation, expanding the coverage of account validation data for Phixius users.
LSEG Extends Multi-Year Cloud Collaboration With AWS
- 13 hours 53 min ago
- Cloud
LSEG today announced it has extended its multi-year collaboration with Amazon Web Services (AWS), naming AWS as the preferred cloud provider for its Markets, Risk Intelligence and FTSE Russell divisions. Today’s new agreement builds on the existing relationship between the two companies.
Pliant Closes $40 Million Series B Funding to Expand Into the U.S. Market
- 13 hours 53 min ago
- Fundraising News
Pliant, a European fintech specializing in B2B payment solutions, today announced it has raised a $40 million Series B equity round. This brings Pliant’s total funding to over $100 million. Pliant has a strong foundation in Europe and will use the Series B capital to fuel its expansion to the U.S.
FinMont Expands Into LATAM With New Office in Bogotá, Colombia to Support Regional Clients and Embrace Latin America’s Growing Market
- 14 hours 23 min ago
- Infrastructure
FinMont, the global payment orchestration platform purpose-built for the travel industry, is proud to announce the opening of a new office in Bogotá, Colombia. This move marks a major milestone in FinMont’s global expansion strategy, enabling the company to provide dedicated, on-the-ground support to its clients across Latin America and be an active part of the region’s fast-growing travel ecosystem.
State of Retail Payments: Europe’s Top 50 Retailers Expand Payment Options to Drive Customer Experience
- 18 hours 3 min ago
- Lending
New research compiled by Aion Bank and Vodeno released today, highlights that Europe’s top 50 retailers and marketplaces are prioritising new payment options to give customers greater choice at the checkout.
Airwallex and Panax Partner to Transform the Way Companies Manage Cash Globally
- 18 hours 43 min ago
- Cash management
Panax, a leading AI-driven cash management platform, has partnered with Airwallex, a leading global payments and financial platform for growing businesses, to streamline global money movement. Powered by Airwallex’s global financial infrastructure and payments capabilities, Panax customers can now directly execute cross-border payments and foreign exchange (FX) transactions within the Panax platform.
1,000-Day Delays, Broken Trust, and Calls for Compensation: New Data Exposes Scale of Pension Switching Crisis
- 18 hours 53 min ago
- Personal Finance
New research from PensionBee, a leader in the consumer retirement market, reveals a stark picture of a system buckling under outdated processes, inconsistent standards, exploitation and lack of regulatory enforcement – with one case of a saver waiting more than 1,000 days to switch their pensions.
Surfin Meta Digital Technologies Completes $26.5 Million Funding Round to Expand Financial Inclusion in Emerging Markets
- 18 hours 53 min ago
- Fundraising News
Surfin Meta Digital Technologies, Singapore-headquartered financial technology solutions provider for the underserved, announced the successful completion of its oversubscribed funding round on April 23 2025. Woori Venture Partners, Washington University in St. Louis, and Phillip Private Equity participated in this round, bringing total funding to USD 26.5 million.
