Databricks Acquires Startup Neon
Data and artificial intelligence company Databricks acquires Neon, which is a database startup.
Explained
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.
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.
Byline Bank Expands Payments and Fintech Banking Group
Byline Bank on Monday, May 12, announced the expansion of the Payments and Fintech Banking division.
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.
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.
Sage and AWS Power AI Innovation in Accounting and Compliance
Sage, a leader in the areas of accounting, finance, HR, and payroll technologies for small and medium-sized businesses, announced new progress made as part of its ongoing process of engagement with Amazon Web Services (AWS).
Magnolia Bank Launches Fintech Solution LiaFi
Magnolia Bank, which belongs to the category of community-driven financial institutions and has more than a century of experience in the industry, announced the launch of LiaFi, a fintech platform designed to support small and medium-sized businesses.
Ramp and Stripe to Accelerate Global Commerce Through Stablecoin-Backed Cards
Ramp, a high-growth corporate card and financial operations platform in the United States, and Stripe, which specializes in providing programmable financial services to consumers, are scaling up their partnership to launch the industry’s first stablecoin-backed corporate cards.
Citi and SDX to Unlock Access to Tokenized Private Market Assets for Global Issuers and Investors
Citi, one of the largest international banks, and the Swiss company SDX announced cooperation at the Point Zero Forum.
Nuvei Expands B2B Payments Capabilities for High-Growth Construction Vertical
Canadian fintech company Nuvei, which positions itself as a brand that accelerates payments on a global level, has announced the strategic expansion of its B2B transactions, starting to offer appropriate functional solutions for the construction sector of the United States, currently characterized by experts as something that corresponds to such a formulation as a fast-growing […]
Perpay Selects Marqeta to Power Consumer Credit Card
Marqeta, which owns a global functional platform designed for issuing modern bank cards, reported that it was selected by Perpay to power a credit card.
Global Payments Bets on Synergy From Worldpay
TSYS, which is the parent company of Global Payments, is currently focusing its efforts and hopes on making what can be called financial synergies a reality as part of moving forward, a process largely based on the acquisition of Worldpay.
Palantir and xAI to Promote Financial Services AI Use
Palantir and xAI are launching a partnership aimed at exploring how companies operating in the financial services sector can use artificial intelligence.
Agree.com Raises Investments to Combine Payments and e-Signatures
Agree.com, the e-Signature platform, raised new funding for $7.2 million.
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