SBS Unveils its Next-Gen Open Banking Platform Supporting Wero & PSD3

SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, announced the new version of its SBP Open Banking Platform, designed to help banks deliver next-generation digital payments and embedded finance services across Europe. The cloud-native, SaaS platform enables banks and financial institutions to accelerate their digital transformation while staying compliant with evolving regulations. Built on the foundations of PSD2, SBP Open Banking now...

DeFi Technologies Announces Leadership Transition

DeFi Technologies Inc., a financial technology company bridging the gap between traditional capital markets and decentralized finance, today announced that Olivier Roussy Newton has resigned as Chief Executive Officer and Executive Chairman of the Board. The Company’s Board of Directors has appointed Johan Wattenström, Co-Founder of Valour and DeFi Technologies, as Chief Executive Officer and Executive Chairman, effective upon Mr. Roussy Newton’s departure. Mr. Roussy Newton will be appointed Strategic Advisor of the Company beginning...

Ripple Acquires Palisade to Expand Digital Asset Custody

Ripple, a financial technology company that offers crypto solutions for businesses, today announced the acquisition of digital asset wallet and custody company, Palisade. The acquisition will significantly expand Ripple’s custody capabilities to directly serve the core needs of fintechs, crypto-native firms, and corporates. Ripple Custody is designed for banks and financial institutions that want to safely secure digital assets, stablecoins, or Real World Assets (RWAs). With this acquisition, Ripple can now serve a broader set of customers...

Kanastra Raises $30 Million Series B from F-Prime

Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank’s investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America’s largest bank.  The new capital will be used to accelerate product development, deepen automation across the private credit...

SimCorp to Help AXA Enhance Portfolio Monitoring & Risk Management

Highlights: With the award-winning SimCorp One platform, which includes SimCorp Managed Business Services and the Axioma analytics suite, AXA will benefit from more efficient and interconnected processes. SimCorp chosen for deep industry expertise and integrated capabilities across the full investment lifecycle for public and private market asset classes. SimCorp, a leading global financial technology company, today announced that AXA will implement the award-winning SimCorp One platform alongside SimCorp Managed Business Services to improve portfolio monitoring and strengthen financial risks...

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