The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins' liabilities and their reserve assets.
The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced that MoneyLion has joined the AFC as its newest member.
Savings & investment service Wealthify has today launched its new proprietary platform, which sees the company more than double its in-house capabilities to accommodate its plans to scale and grow the business.
Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, today reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD).
First Abu Dhabi Bank (FAB) and Fenergo announced their partnership in June of 2024 to speed up client onboarding and enhance anti-money laundering (AML) compliance processes for the bank with Client Lifecycle Management (CLM).