BIS names Beju Shah as new head of Toronto innovation hub
The Bank for International Settlements has appointed Beju Shah as the new Head of the Toronto Innovation Centre.
Binance integrates with Brazil’s Pix payments system
Binance Pay has integrated with Brazil’s Pix system to enable people to use crypto to make instant payments in reais.
Banco do Brasil selects G+D to test offline payments for CBDC
Banco do Brasil is to work with German firm Giesecke+Devrient (G+D) to test offline payments as part of pilot trials of its central banking digital currency, Drex.
Walmart introduces digital shelf labels to 2,300 stores
The new technology enables the US giant to streamline pricing, improving the experience for both customers and associates.
Edmunds Q4 data on $1K monthly payments & negative equity
Edmunds’ newest auto finance data not only showed the growing share of consumers paying at least $1,000 per month for either a new or a used vehicle, experts also cautioned that they “are only seeing the tip of the negative … [Read More]
SIX Group agrees to buy Aquis Exchange
Swiss exchange operator SIX Group has agreed to buy UK-based challenger exchange and data provider Aquis for an enterprise value of £194 million.
Ripple and IBM provide crypto custody service for Garanti BBVA
Garanti BBVA is rolling out a crypto safekeeping service to its customers through a collaboration with Ripple and IBM.
PayPal targets Middle East and Africa with $100 million spending commitment
PayPal has allocated $100 million to grow its business in the Middle East and Africa.
Vitu bookends 2025 with acquisitions; this time of DDI Technology
Vitu began the year by successfully closing its acquisition of the Dealertrack registration and titling businesses from Cox Automotive. And the innovator in vehicle-to-government (V2Gov) technology is rounding out the year with another acquisition. Vitu announced on Friday that it … [Read More]
Podcast: Vehicle repair costs up 43% since 2019, Synchrony says
Amid sustained inflation, more high-tech vehicles in the market and tariff-induced uncertainty, aftermarket repair costs are steadily climbing. Vehicle repair…
Card issuing outfit Marqeta signs first European firms
California-based open API card issuing and processing platform Marqeta is driving ahead with its global expansion efforts, signing up its first four European customers.
Finastra sells cloud-based core model to regional startup revverbank
Revverbank, a Manchester-based new bank for regional businesses and savers in the UK, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities.
CPO vehicle sales could drop 1.6% YoY in 2025
Certified pre-owned vehicle sales are projected to decline in 2025 amid tight supply that has driven down sales at major…
Global fintech growth challenged by macroeconomic risks – WEF report
Macroeconomic risks have been highlighted as the biggest concern affecting the growth of global fintechs, according to research from the World Economic Forum (WEF).
Centerbridge Partners to acquire MeridianLink for $2B
MeridianLink is going to be a private company. The provider of modern software platforms for financial institutions and consumer reporting agencies announced on Monday that it has entered into a definitive agreement to be acquired by funds advised by affiliates … [Read More]