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/regulation

Cooperative Bank of Oromia goes live with Oracle FCC Studio

JMR Infotech, a leading global provider of digital transformation and banking technology solutions, is proud to announce the successful go-live of the Oracle Financial Services Crime and Compliance Studio 8.1.2.7 (FCC Studio) at Cooperative Bank of Oromia (Coopbank).

/security

Samba Bank strengthens digital security with BPC SmartVista

Samba Bank, a subsidiary of Saudi National Bank, rolls out modern fraud detection system with advanced AI/ML-powered BPC’s SmartVista Fraud Management, completing the second phase of its end-to-end digital-banking transformation and meeting every provision of the State Bank of Pakistan’s BPRD Circular No. 04 of 2023.

/payments

Street Wallet appoints CTO

Street Wallet, a cutting-edge mobile payment platform empowering informal traders and service providers, is pleased to announce the appointment of John Rajes as its new Chief Technology Officer (CTO).

/people

First Financial Bank names CIO

First Financial Bankshares (the "Company") announced today the election of Tim Brown as Executive Vice President and Chief Information Officer of the Company and CEO of First Technology Services, Inc. (a wholly owned subsidiary of the Company), as part of our continued succession planning process.

/wholesale

ISDA and Tokenovate launch smart contracts taskforce

The International Swaps and Derivatives Association, Inc. (ISDA) and Tokenovate have today announced the establishment of a new taskforce within the Fintech Open Source Foundation (FINOS) to accelerate operationalization of the Common Domain Model (CDM).

/people

Investment platform Fasset appoints managing director

Fasset, a leading global banking and investment platform, has appointed Mehtap Onder as Managing Director as the company accelerates its growth across Asia and Africa following its digital banking licence approval earlier this month.

/ai

AiMi upgrades change management platform

AiMi, the award-winning fintech bringing agentic AI to trading and market data operations, today announced the upgrade of its market change management platform to provide an end-to-end agentic workflow, further streamlining the tracking, review, and triage of exchange- and vendor-driven changes.

/wholesale

Online trading vendor Tickmill opens Kuwait office

Tickmill, a leading global provider of online trading services, is pleased to announce the opening of its new office in Nouf Tower B, 19th Floor, Jaber Al-Mubarak Street, Kuwait City, marking another significant step in the company’s expansion across the Middle East.

/ai

Vivid Money launches AI assistant

Vivid Money, the European financial platform for SMEs and freelancers, today launches its AI-powered Digital Employees to empower European SMEs.

/startups

Citi gives out $25m to 50 non-profits in innovation challenge

The Citi Foundation (the “Foundation”) today announced the 50 community organizations around the world that will each receive $500,000 in grant support as part of its 2025 Global Innovation Challenge.

/payments

Wayfair expands Affirm partnership

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced an expanded partnership with Wayfair Inc. (NYSE: W), the destination for all things home.

/crypto

Stablecoin firm Cybrid raises $10m

Cybrid, the leading platform for compliant stablecoins and fiat payment infrastructure, today announced it has raised a $10 million Series A funding round led by the Growth Venture Fund at BDC Capital with participation from Golden Ventures, Luge Capital, and Panache Ventures.