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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.

/retail

Verituity and Sagent partner on mortgage servicing payments

Verituity, a leading provider of intelligent, verified payouts solutions, today announced a strategic partnership with Sagent, a fintech software company modernizing mortgage servicing, to embed Verituity’s cloud-based payouts platform into Sagent’s servicing solutions.

/ai

PayPal taps Rokt to power post-purchase offers

Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each customer, today announced that PayPal, the global digital commerce leader, is using Rokt to power post-purchase advertisements.

/ai

UOB joins $10m funding round for Bluwhale

Bluwhale, the decentralized AI network powering agents on blockchains, today announced the close of its $10 million Series A funding round backed by a global financial institution and top L1/L2 blockchains.

/ai

Dynamo upgrades alternative investment platform

Dynamo Software today announced the launch of Dynamo v3.0, the most significant update in the end-to-end alternative investment platform’s history. Inspired by extensive client collaboration, Dynamo v3.0 offers a fully reimagined experience for General Partner (GP) and Limited Partner (LP) users.

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