Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally
- 3 months 2 weeks ago
- Wealth Management
Citi Wealth today announced the selection of BlackRock to create a new portfolio offering for its clients – Citi Portfolio Solutions powered by BlackRock. This offering will combine the strategic investment advisory and planning capabilities of the leading global bank with the investment management and technology strengths of one of the world’s preeminent asset managers.
Lead Bank Closes Series B Fundraising Round
- 3 months 2 weeks ago
- Fundraising News
Lead Bank, the industry-leading bank serving the world’s top fintechs and digital asset companies, today announced the close of its $70 million Series B fundraising round. The round included new investors, ICONIQ and Greycroft, as well as existing investors Ribbit Capital, Coatue, Khosla Ventures, Andreesen Horowitz, and Zeev Ventures. Lead’s post-money valuation is now $1.47 billion.
Elysian Raises $6M Seed Round to Redefine Insurance Claims Services With AI-Native Platform
- 3 months 2 weeks ago
- Fundraising News
Elysian, the AI-native third-party administrator (TPA) for commercial insurance, today announced the closing of a $6 million seed round led by Portage, with participation from American Family Ventures and TenOneTen Ventures. The funding will accelerate Elysian’s go-to-market efforts, support customer onboarding, and scale the company’s delivery operations and technology platform.
Gemini Launches Staking and Derivatives for EU Customers
- 3 months 2 weeks ago
- Infrastructure
Gemini has unveiled a suite of new products for over 400 million European Union (EU) and European Economic Area (EEA) investors, including Gemini Staking for Ethereum (ETH) and Solana (SOL), as well as Gemini Perpetuals, our regulated derivatives product. This continues our European expansion as we become the go-to crypto trading destination for European investors after receiving .
PayPal Selects Nova Credit to Power U.S. Cash Flow Underwriting
- 3 months 2 weeks ago
- Cash management
Nova Credit, a leading credit infrastructure and analytics company, today announced that PayPal, one of the world’s largest digital payment platforms, has selected Nova Credit’s Cash Atlas® to incorporate cash flow underwriting capabilities across its growing portfolio of consumer credit products.
Ant International’s Antom Debuts Agentic Payment Solution, Pioneering APM Checkout Solution and Trusted AI for Secure Transactions
- 3 months 2 weeks ago
- Payments
Antom, a leading merchant payment and digitisation services provider under Ant International, today announced the launch of an agentic payment solution, featuring a first-of-its-kind secure APM checkout solution. Antom is also among the first partners of Mastercard and Visa to pilot card-based transaction capabilities for AI agents.
equipifi® Joins the Jack Henry™ Fintech Integration Network and Expands Access to Bank BNPL
- 3 months 2 weeks ago
- Lending
Fiserv Expands Clover Offerings for Hospitality With CardFree Acquisition
- 3 months 2 weeks ago
- Payments
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced it has acquired CardFree, an all-in-one platform empowering merchants with customized order, pay, and loyalty solutions. This transaction enhances the capabilities of Clover®, the world's smartest point-of-sale solution, to support small businesses as they grow into larger, multi-location merchants with complex technical needs.
Varo Bank to Accelerate Responsible and Customer-Focused AI Efforts With New Chief Artificial Intelligence Officer Asmau Ahmed
- 3 months 2 weeks ago
- Banking
Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the hiring of Asmau Ahmed as the company’s first Chief Artificial Intelligence and Data Officer (CAIDO). Reporting directly to CEO Gavin Michael, she will lead company-wide AI and machine-learning efforts.
Elliptic Powers Risk Intelligence for BVNK’s Layer1 – Enabling Stablecoin Payments, Trading and Settlement at Scale
- 3 months 2 weeks ago
- Cryptocurrencies
Elliptic, the global leader in digital asset decisioning, has partnered with BVNK to integrate Elliptic Lens into Layer1, the firm’s stablecoin infrastructure for self-managed payments, enabling financial institutions to embed stablecoin flows with built-in risk intelligence and screening.
Kraken Completes Major Acquisition of Breakout to Offer Prop Trading to Clients Globally
- 3 months 2 weeks ago
- Investment
Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced its acquisition of Breakout, an evaluation-based proprietary trading firm that provides skilled traders with the opportunity to earn payments for successfully deploying strategies at scale.
Checkout.com Data Release: Wet Weather Pushes Late-August Clothing Spend to Yearly Highs
- 3 months 2 weeks ago
- Personal Finance
New data from Checkout.com, leading global digital payments company, reveals significant peaks in online clothing spending, with August emerging as the most notable month of the year for consumer fashion purchases. Transaction data shows a clear spike at the end of the month, with the last week of August (ending 31st) seeing an astonishing 70.8% surge in spending compared to the average week for the year to date.
Thread Bancorp, Inc. Welcomes Dan Chang as New General Counsel and Chief Compliance Officer, Supporting Expansion of Embedded Banking Services
- 3 months 2 weeks ago
- People Moves
Thread Bancorp, Inc., the parent company of Thread Bank, today announced the appointment of Dan Chang as General Counsel and Chief Compliance Officer. Chang will lead regulatory and compliance oversight, overseeing the Bank’s continued commitment to regulatory soundness as it broadens the range of consumer and commercial services offered through its embedded banking platform.
Fireblocks Launches Network for Global Stablecoin Payments
- 3 months 2 weeks ago
- Cryptocurrencies
Payroc Partners With CINFED Credit Union in Ohio to Deliver Next-Generation Payments Solutions to Area Businesses
- 3 months 3 weeks ago
- Payments
Leading global payments company Payroc is proud to announce a new partnership with Cinfed Credit Union, a respected financial institution serving businesses and consumers across Greater Cincinnati, Ohio.
