January 2025 – Page 109

Finastra Launches Compliance-as-a-Service Solution for Instant Payments

Finastra has partnered with financial crime specialists Fincom and ThetaRay to provide pre-packaged compliance screening solutions for banks facilitating instant payments. Available through Microsoft Azure,...

Swift to Formulate Concrete Plans for CBDC and Tokenized Asset Exchange

Global banking co-operative Swift is advancing its plans to provide member banks with access to emerging digital asset classes and currencies through its network, addressing...

HSBC AM Heads €12 Million Investment in Unbox

Unbox, a value exchange network, has successfully secured €12 million in Series A funding, backed by HSBC Asset Management and the Belgian sovereign wealth fund...

Proxymity Introduces Digital Voting Service in the U.S.

Investor communications platform Proxymity has launched its digital voting service in North America. Proxymity has teamed up with technology company Mediant to introduce its Vote...

BNP Paribas Collaborates with Mistral AI

BNP Paribas has entered into a multi-year agreement with Mistral AI, encompassing all of the French artificial intelligence firm's commercial models. BNP Paribas's global markets...

HSBC and PayPal Address Quantum-Safe Cryptography for Payment Solutions

HSBC and PayPal are among the founding members of a new working group focused on the adoption of quantum-safe cryptography in the payments industry. Experts...

European A2A Payments Poised for Launch

The European Payments Initiative (EPI) is expected to promote the adoption of account-to-account (A2A) payments, with a Capgemini report indicating that 37% of payment executives...

Citi Participates in £25 Million Series A Funding Round for UK Fintech Zilo

UK-based asset and wealth management software vendor Zilo has successfully secured £25 million in a Series A funding round that attracted investment from Citi. The...

Irish Fintechs Express Frustration Over Insufficient State Support

Innovation in Ireland's banking sector has been significantly impeded by insufficient government funding, according to a newly released report. The study, titled Ireland's Fintech Future,...

TikTok Hit with €345 Million Fine for Breaching EU Privacy Regulations

The Chinese-owned short-video platform TikTok has been fined €345 million by Ireland’s Data Protection Commissioner (DPC) for violating privacy laws related to the handling of...