Category: Fintech

The company said in its press release that the collaboration marks a step towards bridging the gap between traditional finance and digital assets. Built on the Ethereum blockchain, uMINT offers investors access to UBS Asset Management's institutional-grade cash management solutions.  By tokenizing the assets, UBS aims to cater to the growing demand for digital financial…

Essentially, the companies executed the first blockchain-based SGD transaction using Ant International's blockchain-based Whale platform. "To enable this transaction, Standard Chartered plugged into Ant International's Whale Platform to offer the liquidity necessary to conduct this transaction which is a significant step forward towards instant and 24/7 treasury management," reads the press release. The approach optimises…

The company revealed Wednesday that the number of active customers increased by 25% year-over-year, reaching 11.4 million. Revenue surged 19% to £591.9 million, driven by a 19% increase in cross-border volume to £68.4 billion. Reported profit before tax came in at £292.5 million, rising a significant 51% from the previous year. Wise said it continues…

The company explained that the move strengthens its position in the Canadian financial services market, enabling it to offer comprehensive wealth management and capital markets solutions to Canadian firms. The acquisition of SIS, which specialises in clearing and settlement, account record keeping, tax and regulatory reporting, and integrated order management, align with Broadridge's target of…

The company revealed in a press release that the integration, along with a direct settlement account with the Bangko Sentral ng Pilipinas (BSP), will significantly enhance cross-border payment experiences for millions of Wise customers and its platform partners. Via its direct connection to InstaPay, Wise can now offer instant transfers of up to 50,000 Philippine…

The company revealed that StoneX is currently conducting due diligence as part of the process. Earlier this month CAB Payments said it had received an unsolicited non-binding proposal from StoneX at 145p per share. "Discussions with StoneX are continuing and StoneX and its advisers are undertaking due diligence," CAB Payments said in its release on…

The move is aimed at bolstering Montreux's presence in the financial services industry and capitalising on the growing market for cross-border transactions. GC Partners has two decades of experience and has built a strong reputation for delivering tailored financial solutions to clients worldwide.  The company's global network of offices enables it to provide efficient and…