Cardo AI Powers Multitude Bank’s Asset-Based Lending

Cardo AI, a leading technology platform for asset-based finance and private credit, today announced a strategic partnership with Multitude Bank p.l.c., a subsidiary of the listed Multitude AG. The collaboration will use Cardo AI’s platform to automate and streamline Multitude Bank’s asset-based lending (ABL) operations, enhancing efficiency and transparency in funding for small and medium-sized enterprises (SMEs). “Technology is the key to accelerating growth in asset-based credit,” said Altin Kadareja, Co-Founder & CEO of Cardo AI. “By...

LSEG Launches Digital Platform for Private Fund Markets

LSEG today announces that it has launched its Digital Markets Infrastructure platform for private funds and facilitated its first transaction. DMI, which is powered by Microsoft Azure, will deliver blockchain-powered scale and efficiencies for the full asset lifecycle – from issuance, tokenisation and distribution to post-trade asset settlement and servicing, across multiple asset classes. LSEG will ensure that this platform is interoperable with current market solutions in distributed ledger technology as well as traditional finance,...

Alipay+ to Enable Cross-Border QR Payments in Saudi Arabia

The Saudi Central Bank and Ant International, a leading global digital payment, digitisation, and financial technology provider, will launch cross-border QR code payments between the Kingdom of Saudi Arabia’s (KSA) national payment scheme, mada, and Ant International’s global wallet gateway, Alipay+, in 2026 to drive digitisation and inclusive growth for local merchants. “We are deeply honoured to support the ambitious goals of Vision 2030 and build on the strong digital infrastructure by SAMA to enhance...

Ant International, E-Wallets Launch Payment Safety Alliance

Digital Wallet Guardian Partnership focuses on AI-powered risk solutions, best practices Wallet partners set to adopt Alipay+ EasySafePay 360 solution designed to cut account takeover risk by 90% Payment leaders in Asia are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments, as digital wallets rapidly become the preferred choice for everyday transactions among consumers in Asia and around the world. Ant International, a leading global digital payment,...

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