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BNY (NYSE: BK), a financial services company, announced the launch of the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a money market fund intended to support institutional adoption of digital assets in the liquidity ecosystem. The fund is meant to enable U.S. stablecoin issuers and other... Read More
Bank of America (NYSE: BAC) is launching 401k Pay, a solution designed to convert 401(k) account assets into a retirement income. Offered starting from November 17 to the company’s corporate plan sponsor or plan participant clients, the digital solution provides 401(k) recordkeeping, deposit options and... Read More
Talos, the provider of institutional digital asset technology and data for trading and portfolio management, has recently announced it is operating as a Super Validator on the Canton Network, focused on supporting its mission of connecting institutions to the digital asset ecosystem. After its acquisition... Read More
ClearBank, the enabler of real-time clearing and embedded banking, announces it is enabling the launch of savings accounts with crypto-native exchange, Coinbase (NASDAQ:COIN). via its Embedded Banking solution. This launch marks a significant milestone in the UK’s financial ecosystem as it is the first time savings... Read More
Tether, which claims to be one of the largest companies in the digital asset ecosystem, is taking a step forward to advance open, freedom-first AI and cloud services. Tether has signed an agreement to lease a share of a 20,000+ GPU network to power its... Read More
Visa Inc. (NYSE:V) announced a breakthrough pilot enabling businesses and platforms to send payouts directly to recipients’ stablecoin wallets. For businesses using Visa Direct, payouts may now be funded in fiat money, while recipients can choose to receive their funds in USD-backed stablecoins such as... Read More
AURAS Technologies MENA FZCO, a Dubai-based firm that is specialized in Distributed Ledger Technology (DLT) services, has recently announced the launch of AURAS Pay, which is described as a non-custodial decentralized payments platform that allows various merchants to accept and manage digital asset transactions directly... Read More
The Monetary Authority of Singapore (MAS) and the UK’s Financial Conduct Authority (FCA) have recently announced a new partnership on artificial intelligence in Finance between Singapore and the United Kingdom (UK) – termed the UK-Singapore AI-in-Finance Partnership. Announced at the Singapore FinTech Festival, the partnership... Read More
Fourthline, Europe’s identity services provider, has been selected by Tiime, the French specialist in accounting software, as their Identity Verification Partner. The partnership aims to ensure Tiime’s compliance with French regulatory requirements while improving the security as well as overall efficiency of its customer onboarding... Read More
Quantexa, a global enabler of Decision Intelligence, unveiled Quantexa AI, the so-called next evolution of its Decision Intelligence Platform, now agentic ready. As organizations increase their use of large language models and smaller, purpose-built and domain-trained models, many are discovering a common limitation: when AI... Read More