January, 2025

January, 2025

Charting the Long Path to Open Banking Standardization
The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how permissioned financial data w...

Report: UBS Nears Settlement of US Case Involving Credit Suisse
UBS reportedly could settle a case this week involving Credit Suisse, which UBS acquired in 2023. The bank is set to pay hundreds of millions of dollars in the settlement of the case brought by the U....

SEPA Instant Payments Push Banks and B2B Payments Into the Future
Innovation traditionally moves faster than regulation. Except, as it seems, when it sometimes comes to modernizing legacy banking and payments core infrastructure, where regulation can get the edge. A...

Nevermined Raises $4 Million to Help AI Agents Pay and Get Paid
Nevermined has raised $4 million to accelerate adoption of its AI-to-AI payment protocol that enables artificial intelligence (AI) agents to pay and get paid. The company’s AI payment rails and infr...

Transcard Brings Payments Orchestration Offering to Canada
Payments technology firm Transcard has expanded into the Canadian market. The company announced the move Thursday (Jan. 9) along with the signing of its first customer in Canada, Xodus Travel Services...

EU: MiCA Predicted to Reshape Global Stablecoin Markets
While MiCA [Markets in Crypto Assets] rules in the EU do not regulate securities it does outline a path for stablecoin integration. Stablecoins may emerge as the next iteration of payments rails with ...

Former Head of Nasdaq Digital Assets Joins Offchain Labs
The team behind Arbitrum and Prysm has hired Ira Auerbach as Head of Tandem, the studio and VC arm of Offchain Labs. Auerbach was previously Senior Vice President and Head of Digital Assets at Nasdaq....

Insurtech Akur8 Core Platform Solution Selected By Farm Bureau Insurance Company of Idaho
Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is pleased to announce that Farm Bureau Insurance Company of Idaho, the property-casualty insurance company...

Wealth Management for UHNWIs: Merrill Introduces Ultra-High-Net-Worth Advisory Group
Merrill Wealth Management announced the launch of its Ultra-High-Net-Worth (UHNW) Advisory Group, a team of more than 25 Merrill specialists who will partner with advisors to deliver comprehensive wea...

IDB Invest Supports VPC Debt Fund to Enable Fintech Growth and Financial Inclusion
IDB Invest approved an investment of up to $50 million in Victory Park Capital (VPC) Investor Fund W, L.P., a debt fund in Latin America and the Caribbean committed to offering financial solutions for...

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B&T Television

January