September 2025 – Page 3

EBA Clearing’s FPAD Verification of Payee Service is Set for Expansion

EBA Clearing has announced that the testing for its Fraud Pattern Anomaly Detection (FPAD) Verification of Payee (VoP) solution has confirmed its readiness for scaling....

Big Banks Invest $136 Million in Blockchain Payments Network Fnality

Fnality, an international consortium of banks aimed at developing a blockchain-based payment system to support the adoption of tokenized assets and marketplaces, has successfully raised...

Coinbase Introduces Singapore Dollar Stablecoin on Its Platform

Coinbase is introducing Singapore dollar stablecoins to its platform through a partnership with licensed issuer StraitsX. The StraitsX stablecoin, XSGD, will be available on Coinbase...

Pleo Expands into Embedded Finance

European spend management platform Pleo has partnered with Mastercard to launch an embedded finance solution aimed at businesses managing extensive networks of SMB customers. This...

European Banks Unite to Introduce Euro Stablecoin

Nine European banks have collaborated to launch a euro-denominated stablecoin aimed at competing with dollar-dominated tokens. Banks supporting this ING-led initiative include CaixaBank, Banca Sella,...

Swift Aims to Transform Retail Consumer Payments

Swift is collaborating with 30 banks to establish new rules for retail cross-border payments on its network. The initiative aims to ensure complete predictability regarding...

DBS, Franklin Templeton, and Ripple to Integrate Tokenized Collateral with Stablecoins

DBS, Franklin Templeton, and Ripple have entered into a Memorandum of Understanding aimed at launching repo markets that utilize tokenized collateral and stablecoins. As part...

DWS Launches $2 Billion Sale of Data Center Division

Deutsche Bank's asset management arm, DWS, is reportedly in talks to sell its data center operations, NorthC, with the transaction anticipated to exceed €2 billion....

UK Fintech Tide Achieves Unicorn Status

A recent $120 million investment led by asset manager TPG has elevated Tide, the UK-based business management platform, to a valuation of $1.5 billion. In...

EU Plans to Exclude Big Tech from Financial Data Sharing System

The European Union is poised to restrict Amazon, Apple, Google, and Meta from utilizing a new financial data sharing system, as reported by the Financial...