We are revisiting whether markets will accept new payment formats such as stablecoins and tokenized assets after Bank for International Settlements (BIS) General Manager Pablo
Alibaba is developing a tokenized global payments network, functionally similar to a stablecoin system, using JPMorgan’s tokenization technology to simplify cross-border B2B transactions across its
Visa has shut down its U.S. open-banking unit amid growing disputes between banks and fintechs over customer data access and fees, while redirecting its focus
Proxymity, a UK-based digital investor communication platform, has raised $36 million in a Series C round to support its expansion into the Asia-Pacific region, leveraging
JPMorgan will soon allow trading and wealth-management clients to use crypto ETFs, starting with BlackRock’s iShares Bitcoin Trust, as collateral for loans—an unprecedented move aligning
Tabby, the UAE-based buy now, pay later (BNPL) fintech, raised $160 million in Series E funding, doubling its valuation to $3.3 billion ahead of its
Saudi fintech Lendo has secured a $690 million warehouse facility from JPMorgan to expand its SME financing operations, supporting Saudi Arabia’s Vision 2030 goal of
Paychex, a benefits, HR, and payroll company, has agreed to acquire Paycor HCM Inc. for $4.1 billion in cash, consolidating two significant players in the
MercadoLibre, the LATAM corporate giant that operates online marketplaces dedicated to e-commerce and online auctions, has secured a $250 million financing deal with JPMorgan to