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/wealth

Swiss fintech GenTwo opens UK office

GenTwo, the Swiss fintech revolutionizing investment through ‘Assetization’, today announced the official launch of its UK office following a successful event at the Swiss Embassy in London on 29 October.

/startups

Akabnk invites call for entries to innovation challenge

Akbank’s innovation center, Akbank LAB, is launching Akbank PoChallenge in collaboration with NayaOne.

/wholesale

MUFG Bank goes live on CLSNet

CLS, a financial market infrastructure group delivering settlement, processing, and data solutions, today announced that MUFG Bank (MUFG) has gone live on CLSNet, CLS’s bilateral payment netting calculation service for over 120 currencies.

/people

Tuum appoints david Abbott as VP of payments business unit and strategic accounts

Tuum, a next-generation core banking provider, is pleased to announce the appointment of David Abbott as Vice President, Payments Business Unit and Strategic Accounts.

/payments

Adyen goes live with Tap to Pay on iPhone in additional European markets

Adyen, the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone in five new regions: Sweden, Austria, Czech Republic, Ireland and Romania.

/crypto

Coinbase to deliver real-time account funding for customers with Visa Direct

Visa (NYSE: V), a world leader in digital payments, today announced a partnership with Coinbase, a trusted place to buy, sell, and manage crypto.

/payments

Banks complete uncleared bilateral margin payments on Fnality Payment System

Banco Santander, Lloyds Banking Group, and UBS have successfully completed the first uncleared bilateral margin payments using a digital representation of central bank funds on the Sterling Fnality Payment System (£FnPS).

/wholesale

OCBC debuts intraday lending on blockchain

OCBC has become the first Singapore bank with intraday institutional lending capabilities as it seeks to maximise returns from its excess intraday liquidity.

/crypto

Libeara and FundBridge Capital to launch US Treasuries fund tokenised on public blockchain

Libeara, a leading real-world asset (RWA) tokenisation platform backed by SC Ventures, Standard Chartered’s venture building and fintech investment arm, is proud to announce a strategic collaboration with FundBridge Capital, an established Singapore MAS regulated platform provider for fund managers, to introduce the Delta Wellington Ultra Short Treasury On-Chain Fund (“ULTRA Fund”).

/crypto

GCEX connects with spot crypto trading venue Rulematch

GCEX (GCEX Group) a leading provider of digital asset and foreign exchange solutions, has partnered with RULEMATCH, a leading market operator, to offer its institutional clients access to one of the world’s fastest trading venues for cryptocurrencies.

/payments

TBC Uzbekistan joins forces with Mastercard

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, has signed a long-term strategic partnership with Mastercard, as the digital bank continues to build out its infrastructure for global payments and money transfers.

/retail

Novo launches suite of products for solopreneur

Novo, a leading banking platform tailored for solopreneurs and small business owners, announced at Money 20/20 USA a significant expansion of its services with the launch of the Novo Business Credit Card issued by Continental Bank, as well as new financing and bookkeeping products.

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