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Top fintechinshorts.com News

UK financial regulator partners with Nvidia in AI 'sandbox'
Nvidia · United Kingdom

UK financial regulator partners with Nvidia in AI 'sandbox'

68% Center coverage: 19 sources
Financial firms in Britain will be able to test artificial intelligence tools later this year in a regulatory “sandbox” launched on Monday by the country’s financial watchdog, part of a broader government strategy to support innovation and economic growth. See the Story
PayPal Brings PYUSD Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
Ethereum · New York

PayPal Brings PYUSD Stablecoin to Stellar for Cross-Border Remittances, Payments Financing

100% Center coverage: 5 sources
PayPal (PYPL) is bringing its PYUSD stablecoin to the Stellar blockchain network to strengthen the dollar-pegged token's position in cross-border remittances and payment financing, the companies said on Wednesday.PYUSD, which already operates on Ethereum and Solana, will expand to Stellar to explore new areas like payment financing, or "PayFi". This allows small and medium-sized businesses that face delayed receivables or pre-funding requirement…See the Story
Macroscope | How the Obsession with Risky Assets Is Putting Global Finance in Peril
Europe

Macroscope | How the Obsession with Risky Assets Is Putting Global Finance in Peril

67% Center coverage: 3 sources
From the speculative frenzy over digital assets to the assault on bond markets, the next financial crisis will be self-inflicted.See the Story

Shopify to Launch USDC Stablecoin Payments with Coinbase and Stripe

100% Center coverage: 1 sources
The post Shopify Taps Coinbase and Stripe to Roll Out USDC for 700M Global Shoppers appeared on BitcoinEthereumNews.com. Shopify has started early access for USDC payments using Coinbase’s Base network and plans a full rollout later this year. The integration offers fast, low-cost, on-chain payments with global reach and may include 1% cash back incentives for users. Shopify has begun offering early access to USDC payments for select merchants, …Shopify · United StatesSee the Story

Stripe Buys Privy as $27.6T Stablecoin Volume Soars

100% Center coverage: 2 sources
Irish fintech giant Stripe has acquired US-based crypto wallet provider Privy for an undisclosed sum, boosting its cryptocurrency offerings.InfrastructureSee the Story

SmartStream Expands AI-Powered Data Management for Insurance Efficiency SmartStream Expands AI-Powered Data Management for Insurance Efficiency SmartStream Expands AI-Powered Data Management for Insurance Efficiency

Revolutionizing Insurance Operations with AI-Driven Reconciliation and Compliance Highlights: AI-Powered Efficiency: SmartStream Air enhances insurance operations by automating reconciliation and data management. Regulatory Compliance: Helps insurers meet evolving regulations like IFRS 17 and DORA. Cost Reduction: Streamlines processes to cut operational expenses and improve accuracy. Summary: SmartStream has extended its AI-driven reconciliati…Artificial IntelligenceRead Article

Stablecoin Startup Noah Raises $22M to Revolutionize Global Payments Stablecoin Startup Noah Raises $22M to Revolutionize Global Payments

Noah secures $22 million in seed funding to build a stablecoin-native infrastructure, aiming to replace outdated payment systems like SWIFT Highlights: Noah raises $22 million to develop a stablecoin-powered payment network, enabling fast and compliant cross-border transactions. Founded by former Adyen and UBS executives, Noah aims to replace traditional banking systems with blockchain-based solutions. The funding will support expansion into fi…InfrastructureRead Article

GrailPay Secures $6.7M to Enhance ACH Payment Security and Speed GrailPay Secures $6.7M to Enhance ACH Payment Security and Speed

Fintech startup GrailPay raises $6.7 million to modernize ACH transactions with predictive analytics and risk management tools Highlights: GrailPay raises $6.7 million to expand its risk and intelligence platform for ACH transactions. The company supports over 10,000 businesses, helping them reduce fraud and operational failures in bank payments. Funds will be used to enhance predictive analytics, improve transaction monitoring, and scale produ…New York City · New YorkRead Article

Aston's Offshore Bank Receives New Banking License | Fintech InShorts: Latest fintech news, analysis by experts

A Landmark Step Towards Expanding Global Banking Services Highlights: Aston Bank has been granted a new offshore banking license. The license enhances Aston’s capabilities in providing global financial services. This move is expected to attract more clients seeking offshore banking solutions. Aston’s recent acquisition of an offshore banking license marks a significant milestone for the financial institution, enabling it to offer a wider range …Read Article

Grailpay Secures $67 Million for Innovative Remedial ACH Platform | Fintech InShorts: Latest fintech news, analysis by experts

Revolutionizing Payment Processing with Cutting-Edge Technology Highlights: Grailpay has successfully raised $67 million in funding. The funding will propel the development of their remedial ACH platform. Innovative technology aims to enhance security and efficiency in payment processing. Grailpay is making waves in the financial technology sector, having raised $67 million to further develop its remedial ACH platform. This significant funding …Read Article

UK Passes Data Bill to Unlock Open Finance Future

The UK Government has taken a significant step towards broadening the scope of open banking with the passage of the Data (Use and Access) Bill through the House of Parliament. According to Finextra, this legislation sets the stage for the development of a wider open finance ecosystem, enabling consumers to share their financial data across a broader range of sectors beyond traditional banking. The bill supports the transition from open banking, …United Kingdom · United KingdomSee the Story

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