Citi Predicts Stablecoin Market to Hit $3.7 Trillion by 2030
Citi predicts that the financial volume of the stablecoins market could reach $3.7 trillion by the end of the current decade.
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Stash to Add AI to Financial Guidance Platform
Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence for the company’s financial guidance platform.
Google Says Gemma AI Model Surpasses 150 Million Downloads
Google reported that its Gemma open-source artificial intelligence model has been downloaded by users more than 150 million times.
Perplexity AI Reportedly Plans to Launch Browser
The media published information according to which Perplexity AI, which is gradually becoming an increasingly powerful player in the global artificial intelligence industry, is currently in preliminary negotiations on raising investments worth $500 million at a valuation of $14 billion.
Dubai to Enable Crypto Payments for Government Services
Dubai Finance and Crypto.com partner to allow UAE citizens to pay for government services with crypto.
Adyen to Offer JCB Card-on-File Tokenization
Merchants who use Adyen platform will soon benefit from even more secure credit card transactions with JCB Card-on-File (COF) Tokenization technology.
Virtual Card Payments Go Mainstream in U.S.
Not only do Gen Z and millennials in the U.S. embrace virtual cards, but also older age cohorts resort to this innovative payment method if providers manage to raise proper awareness.
Byline Bank Expands Payments and Fintech Banking Group
Byline Bank on Monday, May 12, announced the expansion of the Payments and Fintech Banking division.
Saudi Arabia Launches New AI Company
Saudi Arabia has launched a company to invest across the artificial intelligence value chain.
Alipay Launches Voice Call to Boost Financial Security
Alipay has launched a voice call feature that allows consumers to double-check their real identity before making fund transfers.
Relevance AI Raises $24 Million
Relevance AI has secured $24 million in Series B funding.
NymCard Launches Open Finance Services
NymCard, the leading embedded finance platform in the MENA region (Middle East and North Africa), has announced that it has been officially licensed to provide Open Finance services to consumers.
DeFi Technologies Receives Approval to List on Nasdaq
DeFi Technologies, which operates in the fintech industry and is a pioneer in the area of convergence of traditional capital markets with the decentralized finance sector, announced that it has received approval to list its common shares on the Nasdaq Capital Market.
Wirex Business Expands Corporate Stablecoin Payments to BASE
Wirex Business aims to make stablecoin payments mainstream in corporate settings, integrating them with both BASE and traditional enterprise-grade infrastructure.
Ant International Partners With Barclays
Ant International is launching a partnership with Barclays, a leading financial institution in the banking sector of the United Kingdom.
Rippling Raises $450 Million
Rippling, a workforce management platform, announced that it has raised new funding worth $450 million and signed an agreement to repurchase shares worth up to $200 million from the current and former employees.
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