DFNS Rebrands as the Core Banking Platform for Digital Assets

DFNS a rebrand, marking its evolution from a wallet infrastructure to the first core banking platform for digital assets. The company is introducing a new logo, website, and market position as fintechs and institutions move their products and operations onchain. Banks, fintechs, asset managers, trading firms, payment providers, market infrastructures, and clearing houses have stopped asking how to “add crypto.” They’re asking how to run financial products, controls, workflows, and client services on blockchain rails,...

Bybit Integrates Western Union’s USDPT Stablecoin

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today announced that its users can now access USDPT, a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana blockchain, via Bybit’s fiat channels. This integration makes Bybit the first major crypto exchange to join Western Union’s global USDPT network. Through this launch, Bybit and Western Union are building the foundations for a deeper, faster, and compliant integration of digital assets into the broader financial system. Starting...

Riverty Establishes Bank in Luxembourg

Fintech granted EU CRR banking licence after a 10-month application process Riverty transforms its Payment and Credit business from a PSD2 payment institution into a fully licensed bank Bank to begin operations in July, serving more than 1,800 merchants and approximately 25 million unique customers across 10 European markets Bertelsmann’s Carsten Coesfeld: “Banking license enables next phase of growth for Riverty Riverty, the fintech company of Bertelsmann is establishing a bank in Luxembourg to help merchants grow through embedded...

Terry O’Neil Joins Pagaya as Chief Commercial Officer

Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today named Terry O’Neil as Chief Commercial Officer. In this role, Terry will lead Pagaya’s partnership and growth functions. “We’re thrilled to welcome Terry to our leadership team as we accelerate our momentum and onboard new partners across the industry,” said Sanjiv Das, President of Pagaya. “With his proven track record in both the...

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