HTX Ventures: DeepSeek Triggers AI's "iPhone Moment"
- 10 months 4 weeks ago
- Artificial Intelligence
HTX Ventures recently released its latest research report, titled "DeepSeek Ignites AI's 'iPhone Moment' as Agent Tokens Integrate into Real-World Crypto." The report explores how DeepSeek's use of pure reinforcement learning (RL) is transforming AI's role in the crypto industry by boosting AI capabilities and cutting costs.
DTCC’s GTR To Add MiFID/R Reporting Capabilities To Further Support Market Participants With Transaction And Trade Reporting Obligations
- 10 months 4 weeks ago
- Trading Systems
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its plans to add a Markets in Financial Instruments Directive/Regulation (MiFID/R) ARM service to its Global Trade Repository (GTR) service in support of evolving transaction and trade reporting requirements. Subject to regulatory approval, the service is targeted to be launched in the...
RedotPay Secures $40 Million Series A Funding To Accelerate Global Crypto Payment Solutions
- 10 months 4 weeks ago
- Fundraising News
RedotPay, a leading crypto payment platform, today announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with significant investments from HSG and Galaxy Ventures. The round also saw participation from DST Global Partners, Accel, Vertex Ventures (Temasek-backed VC), among other investors.
Atoa Secures UK FCA Authorisation As An Authorised Payment Institution
- 10 months 4 weeks ago
- Payments
Atoa Payments Limited, a leading provider of open banking-enabled payments, has secured regulatory approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Payment Institution (API). This milestone marks a significant step in Atoa’s rapid expansion, allowing the company to extend its innovative payment services to larger businesses across the UK.
COCA Enters The U.S. Market With Ramp Network Partnership, Bringing Crypto Access To 330 Million Americans
- 10 months 4 weeks ago
- Cryptocurrencies
COCA, the next-generation crypto wallet designed with security and simplicity, has announced its strategic partnership with Ramp Network, a leading fiat-to-crypto on-ramp provider. This collaboration marks COCA's official entry into the U.S. market, enabling millions of Americans to purchase cryptocurrency at market-leading rates and securely store it using Multi-Party Computation (MPC) technology.
SoFi Expands Loan Platform Business With $5 Billion Agreement With Blue Owl Capital Funds
- 10 months 4 weeks ago
- Lending
SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan Platform Business agreement to date.
Mastercard Partners With CredibleX To Empower SMEs With Enhanced Access To Financing
- 10 months 4 weeks ago
- Lending
In a new collaboration, Mastercard’s Small Business Credit Analytics (“SBCA”) will now be integrated into CredibleX’s embedded financing journey. This innovative partnership, the first utilization of this product in the region, provides CredibleX with enhanced data-driven insights based on anonymized and aggregated transaction data. It will empower small and medium enterprises (SMEs) by enhancing and simplifying their access to financing.
EquiLend Secures Minority Investment From BNY
- 10 months 4 weeks ago
- Investment
EquiLend, the global leader in technology, data and analytics solutions for the securities finance industry, today announced a minority investment from an affiliate of The Bank of New York Mellon Corporation.
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal
- 10 months 4 weeks ago
- Infrastructure
Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2). Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto.
PayMaple Launches Accounts Payable Solution To Simplify Vendor Payments
- 10 months 4 weeks ago
- Payments
PayMaple LLC, a leading provider of innovative payment solutions, is excited to announce the launch of its new Accounts Payable solution, designed to streamline vendor payments and eliminate the inefficiencies of traditional payment methods.
SEON Strengthens eCommerce Capabilities With New Automated Chargeback Management Solution
- 10 months 4 weeks ago
- E-Commerce
SEON, the leader in digital fraud prevention and compliance, today announced the availability of its new automated chargeback management solution, which combines early fraud detection and automation of the chargeback dispute process—empowering eCommerce merchants to stop fraudsters in real time and manage chargebacks effortlessly.
Joy Chik To Join PayPal's Board Of Directors
- 10 months 4 weeks ago
- People Moves
PayPal Holdings, Inc. today announced that Joy Chik has joined the company's Board of Directors. Joy brings more than 26 years of corporate and board experience scaling products, services, and teams on a global level. Joy currently serves as the President of Identity and Network Access at Microsoft and is responsible for leading the company's multi-billion-dollar security business, Microsoft Entra.
Currency Choice At Checkout Boosts Sales Conversion By 8%
- 10 months 4 weeks ago
- Payments
According to new analysis from inclusive payments platform, Ecommpay, a dynamic checkout that presents local currency for card processing for where the customer is located can improve conversion rates, with currency choice boosting conversion by an average of 8%.
McLaren Formula 1 Team Driver Oscar Piastri Unveils Striking Supercar To Kick Off 2025 Melbourne GP
- 10 months 4 weeks ago
- Infrastructure
Leading Australian-founded global financial platform, Airwallex, has launched its ‘Shifted Perspectives’ campaign for the 2025 Formula 1 (F1) season with the McLaren Formula 1 Team and acclaimed First Nations artist, Reko Rennie.
Chubb Creates New North America Small & Lower Mid-Market Division
- 10 months 4 weeks ago
- Infrastructure
Chubb today announced the creation of a new division within its North America Middle Market organization, combining Chubb's Lower Middle Market and Digital Small Business divisions into a single cohesive unit that will operate as North America Small & Lower Midmarket.
