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/crypto

BNY launches stablecoin reserve fund

BNY (NYSE: BK), a global financial services company, today announced the launch of the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a money market fund created to support institutional adoption of digital assets in the liquidity space.

/crypto

Discovery Bank introduces crypto trading with Luno

Discovery Bank, the fastest growing bank in South Africa, today announced a host of new product features, updates and new offers.

/payments

Finmo goes live with global currency accounts enabled by Standard Chartered

Finmo, the modern Treasury Operating System for global businesses, has partnered with Standard Chartered, a leading international banking group, to launch Global Currency Account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.

/payments

Cash App rolls out 11 product updates

Cash App announced a slate of new features designed to match the ways millions of people manage their financial lives today.

/crypto

MAS and Deutsche Bundesbank to collaborate on cross-border digital asset settlement

The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank today signed a Memorandum of Understanding (MoU) regarding collaboration on cross-border digital asset settlement.

/ai

Profile merges AI with wealth platform

Profile, a leading global provider of financial software solutions, announces a major new release of its flagship Axia Suite, introducing advanced Wealth Management features designed to better serve Retail and Mass Affluent investors.

/startups

Fintech startup Stoa turns savings into free subscriptions and one-off perks

Stoa, a new UK fintech startup, today announced the launch of Stoa Pots, giving consumers a fresh choice for their savings.

/payments

Ebury launches a new mobile app

Ebury, the leading global fintech specialising in international payments and FX risk management, has launched a brand new mobile app designed to give businesses complete control over their global cash flows - anytime, anywhere.

/security

Criminals using Instagram as recruitment tool for money mules

Criminal networks are successfully using Instagram to recruit individuals, with nearly one in four "quick-money" posts on the platform showing clear indicators of soliciting participants for criminal money mule schemes, a new analysis by AMLTRIX warns.

/payments

Wise Platform signs Wealthsimple

Wise Platform, Wise’s leading global payments infrastructure for banks and enterprises, announced it’s working with Wealthsimple, a financial services platform on a mission to help Canadians achieve financial freedom, on an improved offering for sending money internationally.

/payments

DBS deepens payments relationship with Ant International

DBS and Ant International have agreed to deepen their existing strategic collaboration to jointly explore innovative payments, digitisation and fintech solutions aimed at providing more inclusive services for regional businesses of all sizes and individual consumers.

/payments

Liquid Group and TerraPay sign QR interoperability MoU

Liquid Group, a Singapore-based fintech company specializing in cross-border digital payments, and TerraPay, a leader in simplifying global money movement headquartered in London, have signed a Memorandum of Understanding (MoU) to explore interoperability between RoamQR™, Liquid Group’s interoperable QR payment network, and TerraPay’s global payment infrastructure.