IFC Invests $50M in Victory Park to Boost SME Finance in Emerging Markets
Direct Lending

IFC Invests $50M in Victory Park to Boost SME Finance in Emerging Markets

BusinessWireJuly 3, 20254 min

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $50 million follow-on investment in Victory Park Capital Investor Fund W, LP (the “Fund”), reinforcing its commitment to financial inclusion and economic resilience in Emerging Markets. With this latest investment and additional support from IDB Invest, which upsized its commitment by $50 million in January 2025, the Fund now exceeds $200 million in total commitments. IFC’s new commitment extends the...

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US Prepaid Card Market 2025: Blackhawk, Green Dot & Global Pay Lead
Payments

US Prepaid Card Market 2025: Blackhawk, Green Dot & Global Pay Lead

BusinessWireJuly 3, 202519 min

The “United States Prepaid Card and Digital Wallet Market Intelligence and Future Growth Dynamics Databook – Q2 2025 Update” report has been added to Research And Markets.com’s offering. The United States prepaid card and digital wallet market is on a continuous growth path, projected to increase by 11% annually, reaching US$ 749.46 billion by 2025. Experiencing a CAGR of 12.9% from 2020 to 2024, the market is anticipated to further expand at a CAGR of 9.1% through 2029, potentially...

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ISDA & Ant Lead Report on Tokenised Bank Liabilities for FX
Platforms

ISDA & Ant Lead Report on Tokenised Bank Liabilities for FX

BusinessWireJuly 3, 20258 min

Report builds on shared ledger technology and industry expertise of the co-leads as well as members of the Project Guardian FX workstream It includes proposed principles for leveraging tokenized bank liabilities and shared ledgers to drive industry adoption of tokenization and enable 24/7, real-time FX settlement and lower costs for businesses globally The International Swaps and Derivatives Association (ISDA) and Ant International led the Project Guardian FX industry group to develop a new report for...

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MCO Adds AML and KYC Capabilities to the MyComplianceOffice Platform
Compliance & Scoring

MCO Adds AML and KYC Capabilities to the MyComplianceOffice Platform

BusinessWireJuly 2, 20254 min

MCO (MyComplianceOffice), a leading provider of compliance technology, has enhanced its platform with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) capabilities. This addition expands the platform’s financial crime and third-party compliance functionality, providing firms with a powerful solution to meet regulatory obligations and proactively manage risk. MCO’s AML and KYC capabilities enable financial institutions to transform and automate their customer due diligence process. From onboarding to periodic reviews to client maintenance and offboarding, MCO’s platform systematically...

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