USA

Blackrock Launches Its First Tokenized Fund on Ethereum

BlackRock unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL”) BUIDL will provide qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets,

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10 Fintech Events Taking Place in Q2 2024 in the USA and Canada

North America is a dynamic fintech hub, with major centers located in New York, San Francisco and Toronto. The region excels in areas like digital payments, digital assets, and robo-advisory services. These sectors have propelled the region’s prominence in the

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SAP Rolls Out New Cloud Payment Solutions for Retailers

SAP announced a new composable payment solution to help retailers stay ahead of changing customer expectations. The new solution, SAP Commerce Cloud, open payment framework, helps retailers become more agile as new payment options – such as buy now, pay

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Coinshares Completing Acquisition of Valkyrie ETF Business Including US Bitcoin ETF

CoinShares, a European investment company specialising in digital assets, announced the completion of its acquisition of Valkyrie Funds LLC, as well as the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed Bitcoin ETF. With the addition of approximately Valkyrie’s

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Visa and Western Union Expand Partnership to Enhance Global Money Transfers

Visa and Western Union have entered into a seven-year agreement to significantly enhance the way money is sent across borders. This collaboration aims to simplify the process for Western Union customers to transfer funds directly to Visa cardholders and bank

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Citi Collaborates to Explore Tokenization of Private Markets

Citi has announced that it has successfully completed a proof of concept on tokenization of private funds along with Wellington Management and WisdomTree. The proof of concept, which was conducted on the Avalanche Spruce institutional test Subnet, found that smart-contract

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Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

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PayPal Ventures Launches AI Fund With Co-lead Investment in Rasa’s $30 Million Series C Funding Round

PayPal Ventures announces a new AI Fund, where a portion of the total funds will be deployed over the next three years for early stage AI investments across all industries and verticals. The AI Fund is launched together with their

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Pagaya Closes Five-Year $280M Credit Facility with BlackRock, UBS, JPMorgan

Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of a credit facility with participation from Funds and Accounts managed by BlackRock, UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank.

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Nuvei Teams up With Microsoft to Streamline Payments for SMEs

Canadian fintech firm Nuvei has announced its latest integration with Microsoft Dynamics 365 Business Central, an ERP (Enterprise Resource Planning) solution tailored for small and medium-sized businesses. This integration enables organisations worldwide to incorporate various payment methods, such as card

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