January 2025 – Page 44

Australian Startup Stables to Launch USDC-backed Fiat Mastercard

Australian stablecoin startup Stables is set to launch a Marqeta-powered Mastercard that will facilitate the conversion of USDC to fiat currency at merchant checkout, both...

BIS Investigates the Role of Data, Technology, and Collaboration in the Fight Against Money Laundering

Recent research from the BIS Innovation Hub emphasizes that leveraging payments data, privacy-enhancing technologies, AI, and enhanced cooperation for a behavioral-based analysis approach is significantly...

Kima Seeks to Develop a ‘DeFi Credit Card’

Israeli startup Kima is collaborating with Mastercard's FinSec Innovation Lab on a project aimed at integrating decentralized finance (DeFi) applications with fiat systems. Kima is...

Two Secures €18M to Enhance Seamless B2B Transactions

Two has successfully secured €18 million to enhance frictionless B2B transactions.

ECB Launches Initial DLT Trials for Wholesale Central Bank Money Settlement

The Eurosystem has launched the first in a series of trials to explore the application of distributed ledger technology (DLT) for settling wholesale transactions in...

Smart Money App Snoop Considers Sale Options

Snoop, the money-saving app founded by former Virgin Money boss Jayne-Anne Gadhia, has reportedly engaged bankers to explore a potential sale, according to Sky News....

HSBC Collaborates with Quantinuum on Quantum Computing Research

HSBC is collaborating with tech firm Quantinuum on a series of exploratory projects focused on leveraging quantum computing in the banking sector. Over the past...

90% of Klarna Employees Now Utilize AI on a Daily Basis

Klarna has emerged as a leader in adopting generative AI, with up to 90% of its staff utilizing this technology daily. Non-technical teams in Communications,...

JPMorgan Acquires Investment Analytics Firm Aumni

JP Morgan has reached an agreement to acquire Aumni, an investment analytics platform that serves as a data infrastructure for private capital markets. Financial details...

R3 Partners with Emirates NBD to Launch Digital Asset Lab

Distributed ledger technology firm R3 has joined PwC and Fireblocks as a member of the Digital Asset Lab, a facility for testing new financial technologies...