CME Group to Expand Crypto Derivatives Suite With Launch of XRP Futures
- 1 month 3 weeks ago
- Cryptocurrencies
CME Group, the world's leading derivatives marketplace, today announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP).
EBay and Klarna Deepen Global Strategic Partnership to Empower Flexible Shopping in the U.S.
- 1 month 3 weeks ago
- E-Commerce
eBay, a global commerce leader that connects millions of buyers and sellers around the world, today announced the expansion of its global strategic partnership with Klarna, the AI-powered payments and commerce network, to the U.S. market. eBay is rolling out Klarna’s flexible payments options to millions of eBay’s U.S. shoppers. The expanded partnership reflects eBay’s continued investment in bringing more choice, flexibility, and control to...
Buy. Hold. Earn Rewards. PayPal Unlocks Rewards for Holding PayPal USD
- 1 month 3 weeks ago
- Cryptocurrencies
PayPal Holdings, Inc. today introduced rewards for PYUSD, a new loyalty offering that will provide US users the ability to earn 3.7% annually in rewards on holdings of PayPal USD (PYUSD) in their PayPal or Venmo wallets.
IFAST Global Bank Unveils Multi-Currency Current Account Offering High Interest and Cashback, Collaborating With Visa on Debit Card
- 1 month 3 weeks ago
- Banking
iFAST Global Bank is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while enjoying rewards on everyday debit card spending.
Alternative Payments Raises $22 Million to Modernize B2B Payment Offerings
- 1 month 3 weeks ago
- Fundraising News
Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure provider, today announced that they have closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company's mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech innovation.
RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge
- 1 month 3 weeks ago
- Payments
New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks. 84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.
Fintech LendMN Raises $20 Million USD to Drive Tech-Led Financial Inclusion
- 1 month 3 weeks ago
- Fundraising News
Mongolia's first digital lending fintech, LendMN, a subsidiary of AND Global, has today announced a $20 million USD debt financing from Lendable, a leading debt finance provider to leading technology-enabled companies in emerging and frontier markets that focuses on promoting a more economically just and environmentally sustainable world.
UnionPay International and Dojo Partner to Expand Card Acceptance Across the UK
- 1 month 3 weeks ago
- Payments
UnionPay International , dedicated to providing seamless global payment network, has announced a strategic partnership with Dojo, the UK's leading SME payment provider.
VoPay Launches Embedded Cross-Border Solution – A “Shopify for Global Payments”
- 1 month 3 weeks ago
- Payments
VoPay, a leading provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution.
Sopra Steria Enables Banks to Enter the Crypto-Asset Market with a Complete and Tailored-Made Offer
- 1 month 3 weeks ago
- Cryptocurrencies
Sopra Steria, a major player in European tech, announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks. This solution is built on three technological assets with Fireblocks (secure digital asset management), Chainalysis (compliance) and Wyden (order execution and trade management), offering an integrated response to regulatory and operational challenges.
Nu Mexico Receives Banking License Approval, Paving the Way for Product Portfolio Expansion and Increased Financial Inclusion
- 1 month 3 weeks ago
- Banking
Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector.
SoFi Helps Student Loan Borrowers Navigate Life Transitions with New Flexible Refinance Option
- 1 month 3 weeks ago
- Payments
SoFi Technologies, Inc. is making student loan repayment more flexible with the launch of SmartStart, a new refinance option.
Tickmill Integrates Sumsub to Enhance User Experience and Ensure Seamless Digital Verification
- 1 month 3 weeks ago
- Digital Identity
Tickmill Ltd is streamlining its onboarding processes with Sumsub’s advanced verification technology, empowering new traders with smooth access to global financial markets.
iA Financial Group Expands Insurance Underwriting with FICO Platform, Aiming for 80% Automation
- 1 month 3 weeks ago
- Insurtech
iA Financial Group, a leading Canadian insurance and wealth management provider, serves over five million clients and manages close to $260 billion in assets.
RiseUp Partners with Yapily to Bridge the Gap Between Financial Insights and Payments
- 1 month 3 weeks ago
- Open Banking
RiseUp, the AI-driven financial insights tool, has partnered with European open banking infrastructure provider Yapily to help RiseUp customers turn insights into action by enabling fast and seamless payments between accounts.
