Financial Infrastructure stories
Businesses trading internationally can now settle payments and payroll around the clock in stablecoins, as KAST targets 5,000 users by end-2026.
The move could give banks a regulated foothold in digital payments as they seek to challenge crypto issuers and settle transactions faster.
Fintechs and payment platforms can now offer branded accounts and cross-border transfers without juggling multiple banking and compliance providers.
Businesses using OpenPayd can now settle cross-border transfers in seconds while keeping payments in fiat and avoiding blockchain complexity.
Businesses can now send payroll and supplier payments in more than 30 currencies, as the Singapore-based firm broadens cross-border reach.
The fintech is using its 80 million customers' data to sharpen fraud checks and lending decisions as banks race to build their own AI tools.
The valuation lifts Fasset into the ranks of privately held fintechs worth more than USD $1 billion as it expands cross-border settlement.
The five-day invitation-only course will gather senior leaders from more than 130 markets as Stanford GSB studies AI, management and growth.
Developers can now keep deposits, rewards and player payouts inside their own titles as ZBD widens its payments push beyond mobile gaming.
The new tool aims to catch Bitcoin software flaws between formal audits after a regression led to more than USD $116 million stolen.
Barclays, Citi, Deutsche Bank and Standard Chartered are using the model to improve cash-flow and FX forecasts, with accuracy above 93%.
Slow financial systems can drain founders' time and cash, as hidden FX fees and compliance gaps emerge before growth plans do.
The industry-owned platform could let smaller lenders offer tokenised deposits and stablecoins without ceding control of payments infrastructure.
Asian firms want faster FX hedging, but weak bank API links could slow automation in treasury systems despite rising AI adoption.
Eligible ProphetX users can now fund accounts around the clock, as real-time transfers and higher limits aim to ease trading outside bank hours.
An oversubscribed second fund lifts assets under management past USD $60 million as the firm targets early-stage fintech and AI deals.
More than half of UK adults now use mobile wallets, increasing pressure on banks and merchants as cash slips below 10% of payments.
Korean banks could cut costs and delays on overseas transfers as the firms connect domestic payment infrastructure to live settlement rails.
The pilot could speed cross-border settlements by letting banks move funds seven days a week, including weekends and public holidays.
The partnership is set to improve US dollar settlement speed and reliability for international transfers, cutting costs for customers.