Kraken Completes Major Acquisition of Breakout to Offer Prop Trading to Clients Globally
- 10 months 1 week 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
- 10 months 1 week 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
- 10 months 1 week 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
- 10 months 1 week ago
- Cryptocurrencies
Payroc Partners With CINFED Credit Union in Ohio to Deliver Next-Generation Payments Solutions to Area Businesses
- 10 months 1 week 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.
Bank of England Launches Discussion Paper Seeking Views on Measures to Enhance Gilt Repo Market Resilience
- 10 months 1 week ago
- Banking
The Bank of England (the Bank) has today published a Discussion Paper (DP) on potential measures to enhance the resilience of the UK government bond (‘gilt’) repo market, developed in close consultation with the Financial Conduct Authority (FCA) and with input from HM Treasury and the UK Debt Management Office (DMO).
Sumsub Partners With Binance’s BNB Attestation Service to Streamline Web3 Identity Verification
- 10 months 1 week ago
- Digital Identity
Sumsub, Sumsub, a global verification and anti-fraud provider, today announced its partnership with the BNB Attestation Service (BAS) on Binance’s BNB Chain. The launch marks the first use of Sumsub ID to issue on-chain credentials within the BNB ecosystem, enabling users to pre-verify their identity once and securely reuse those credentials across multiple Web3 applications.
Neobank BUUT Now Available
- 10 months 1 week ago
- Banking
Starting today, BUUT, the new bank from the creators of Tikkie, is available for download. Designed specially for teenagers and their parents, BUUT helps young people take control of their money using handy pots that make payments and saving money easy. Simple to use, 100% visually driven, and aligned with the world inhabited by the new generation. On top of that, BUUT offers a personalised newsfeed with financial tips and tricks from experts,...
BBVA and SAP Forge a Strategic Alliance to Improve Corporate and Business Banking Services
- 10 months 1 week ago
- Banking
BBVA and SAP Spain have forged a strategic alliance whereby the bank will integrate the SAP Multibank Connectivity solution to enhance its corporate banking service offering and attract new business clients. The solution will enable BBVA to transform and optimize how financial transactions are carried out for corporate and business banking clients, making the whole process more efficient and agile.
payabl. Launches Checkout Readiness Guide to Help Merchants Maximise Sales Across the Holiday Shopping Season
- 10 months 1 week ago
- Payments
payabl., a leading European fintech provider, today announced the launch of its new eBook,
U.S. Bank Launches New Embedded Payroll Solution for Small Businesses
- 10 months 1 week ago
- Payments
U.S. Bank today announced U.S. Bank Payroll, an embedded solution that allows small business owners to seamlessly manage their payroll as part of their online banking experience.
S-RM Announces New Partnership With RingStone to Deliver Combined Technology and Cyber Due Diligence Services
- 10 months 1 week ago
- Cybersecurity
Leading global cybersecurity and corporate intelligence consultancy S-RM has announced a new partnership with RingStone, a leading technology due diligence provider, to make it easier for investors to review both technology and cybersecurity risks when buying or backing companies.
BPCE Payment Services and Mambu Announce Partnership to Support Global PSPs Entering the EU Market
- 10 months 1 week ago
- Infrastructure
Building on a successful collaboration powering SEPA payments for over 10 French fintechs and banks — including Natixis CIB Luxembourg, Xpollens, Spendesk, and Swile — BPCE Payment Services and Mambu are expanding their partnership to help global financial institutions access the European Union market.
New Savings Study Shows Nearly 3 in 10 High-Income Americans Are Using AI for Financial Decisions
- 10 months 1 week ago
- Artificial Intelligence
Raisin’s latest Summer Savings Series study shows that trust in AI for financial decisions is on the rise, with high earners serving as an early signal of the shift. Nearly three in ten households earning above $150,000 now use AI to guide financial choices, double the rate of those earning less than $75,000. This early adoption among higher earners signals a broader trend: growing consumer confidence in using technology to support financial...
Two Partners With Komplett to Combat Rising B2B Fraud in the Nordic Electronics Market
- 10 months 1 week ago
- Cloud
Two, a European leader in B2B payments technology, today announced a new partnership with Komplett, one of the Nordics' leading online electronics retailers, to launch a first-of-its-kind fully integrated Risk-as-a-Service (RaaS) platform. Komplett becomes the first enterprise in the Nordics to deploy such a solution - delivering instant, automated decisions on both credit and fraud risk across all of its B2B stores in Norway, Sweden, and...
