Financial Infrastructure stories
The service lets remittance recipients hold dollar value in 37 markets, helping protect balances from local currency swings before spending via Visa.
Fund administrators can now pull banking data in real time as Northern Trust's new APIs go live with NAV Fund Services first to adopt them.
The connector should help finance teams reconcile stablecoin transfers and AI-driven payments as blockchain settlement strains older back-office systems.
Cross-border payments are becoming faster and more transparent, with stablecoins and data-driven lending broadening access for firms shut out by banks.
Fragmented payments and rising AI bills are forcing APAC fintechs to rethink infrastructure, interoperability and cost controls.
Recipients in Africa still face queues and cash pickups as cross-border transfers hit local rails that lag behind instant sending speeds.
Rapid digital adoption and tighter regulatory frameworks are turning the region into a proving ground for new financial services models.
Tighter oversight is forcing digital asset firms and UK finance teams to upgrade controls, data and compliance before new deadlines bite.
Users can now approve AI-initiated payments in-chat, as MoonPay tries to make Claude and ChatGPT commerce safer and more seamless.
Existing banking systems can already deliver most of the promised benefits of tokenised deposits, according to a Loughborough University study.
Banks could gain faster product updates and lower operating costs as Maximum emerges from stealth with a USD $30 million seed round.
Banks risk being blindsided by new digital finance firms that are already moving money faster and attracting users beyond the old model.
Institutional investors could soon earn staking rewards through BNY's custody platform, pending regulatory review of the new service.
Delayed cross-border payments are costing banks millions and leaving businesses chasing funds they cannot trace.
The deal gives accountants advising smaller firms fresh guidance on online payments, banking and cash flow as merchants seek quicker, simpler set-ups.
Fresh capital will let the fintech expand checks on international students' living funds as universities tighten oversight of visa compliance.
The platform now backs more than 3,000 investors and over 60 funds as early-stage deals in Australia and New Zealand become harder to track.
The move could cut complexity for fintech firms by bundling regulated banking access with payments software in one provider.
Regulators are widening scrutiny of digital finance, forcing UK fintechs to overhaul cloud, payments and data strategies to meet tougher standards.
Vietnamese customers and small firms will gain faster overseas transfers as HDBank taps TerraPay to reach 156 markets without overhauling systems.