Category: Fintech

April 22, 2025 BY Sam Boughedda

Circle Announces New Payments Network

The firm explained in a press release that CPN is designed to connect banks, neo-banks, payment providers, virtual asset services, and digital wallets, offering real-time, low-cost, and transparent settlement of international transactions.  Circle believes the initiative addresses longstanding inefficiencies in cross-border payments. “Despite improvements, cross-border payments can still take longer than one business day to…

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financial buildings
April 18, 2025 BY Sam Boughedda

MoneyGram Partners with Plaid to Enhance Pay-by-Bank Services in the US

Announced on Thursday, the partnership allows MoneyGram users in the US to authenticate their bank accounts through Plaid’s financial network.  The service is expected to improve the MoneyGram Online experience. It is expected to scale to additional markets later this year. “The MoneyGram network moves money for over 50 million customers each year, across nearly every…

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CME Group
April 15, 2025 BY Sam Boughedda

S&P Global, CME Group to Sell OSTTRA to KKR for $3.1 Billion

In a press release on Sunday, CME noted that the post-trade solutions provider, formed in 2021, has grown into a critical infrastructure player in the global over-the-counter (OTC) derivatives market. The enterprise value of the transaction will be split equally between S&P Global and CME Group, which each hold a 50% stake in OSTTRA.  The…

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Plum logo
April 15, 2025 BY Sam Boughedda

BBVA Backs UK Fintech Plum with £15 Million Venture Debt Deal

The funding is expected to support Plum’s expansion plans and ongoing efforts to scale its business, particularly as it grows its user base across the UK and Europe.  The London-based fintech, which uses AI to help users manage savings and investments, now serves over two million customers and has helped set aside more than £5…

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Broadridge
April 14, 2025 BY Sam Boughedda

Broadridge and Fnality to Collaborate On Real-Time Settlement for Intraday Repo Transactions

The collaboration integrates Broadridge’s Distributed Ledger Repo (DLR) platform with Fnality’s Payment System (FnPS), enabling delivery versus payment (DvP) using digital representations of funds held at central banks.  Broadridge said in a press release that the initiative is expected to improve efficiency, optimise liquidity management, and reduce operational risk in repo markets. “This leap forward…

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April 04, 2025 BY Sam Boughedda

Clearstream Releases Enhanced Version of its Asset Liability Analyser

The dashboard is designed to enable market participants to take control of their financial resources. The upgraded version is said to enhance transparency and efficiency. Furthermore, the company highlighted that the enhanced dashboard introduces a detailed breakdown of failed settlement instructions, helping users gain a clearer view of credit line utilisation and collateralisation.  It also…

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smarttrade
April 04, 2025 BY Sam Boughedda

smartTrade Announces Strategic Investment from TA Associates

The company added that its CEO and Co-Founder, David Vincent, along with the firm’s broader management team, will invest alongside TA, reinforcing their long-term commitment to the company. The France-based fintech firm, which operates in major financial hubs including London, New York, and Tokyo, provides SaaS solutions to support electronic trading and payments.  TA’s investment…

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April 04, 2025 BY Sam Boughedda

Mastercard Partners With Unipaas to Increase Card Acceptance for SMEs

The firm explained that the collaboration aims to digitise payments for SMEs using vertical SaaS platforms, replacing manual transactions with secure, streamlined solutions. By integrating Unipaas’ compliant payment infrastructure with Mastercard’s global network and fraud protection capabilities, the partnership is expected to enable SaaS platforms to offer SMEs improved payment processing.  The shift is seen…

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