Financial Technology - FinTecBuzz

TerraPay Unveils Xend for Borderless Wallet Payments

November 24, 20254 min

TerraPay, a leading global money movement company, today announced the launch of Xend, a first-of-its-kind Payments Interoperability Network designed to unify the fragmented world of wallets, banks, and cards into one seamless, borderless financial ecosystem. Xend serves as a universal infrastructure layer, enabling wallet users to transact with 11,500 banks via the Swift network and access 150 million acceptance locations, all from their existing wallet apps. TerraPay’s collaboration with inclusion-led partners like Swift powers Xend to...

by PRNewswire

Investments

Model ML Raises $75M to Automate AI Workflows in Finance

November 24, 20258 min

Model ML, the leading global AI workflow automation platform for financial services, today announced a $75 million Series A financing led by FT Partners, the global leader in FinTech investment banking. The round also includes significant participation from Y Combinator, QED, 13Books, Latitude and LocalGlobe, and comes just six months after the company’s seed raise, led by LocalGlobe, and only twelve months after its launch. “We’re thrilled to announce this round with such an exceptional...

by PRNewswire

Platforms

Byreal Slashes LP Costs 95% with New Social Features

November 24, 20256 min

Byreal, a decentralized exchange incubated by Bybit and built for the Solana ecosystem, announced a package of comprehensive platform upgrades designed to enhance liquidity efficiency and user experience. The upgrades include the introduction of Dynamic Tick Array technology, significant product and performance optimizations, and the recent launch of the social referral feature for Real Farmer, a social liquidity mining system. Since its full public launch in October, Byreal has achieved significant milestones across key metrics. Currently ranking No. 5 by 30-day fees...

by PRNewswire

Risk Management

Vermiculus Real-Time Risk Management System Live on MIAX Futures

November 21, 20253 min

MIAX Futures has expanded its VeriClear™-based clearing system by integrating a fully-fledged risk solution with real-time monitoring from Vermiculus.

by PRNewswire

Crypto Currencies

CME Group and CF Benchmarks to Launch CME CF Bitcoin Volatility Indices

November 21, 20254 min

CME Group, the world’s leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch two new bitcoin volatility indices on December 2 – the CME CF Bitcoin Volatility Index – Real Time (BVX) and the CME CF Bitcoin Volatility Index – Settlement (BVXS). These indices represent forward-looking, market-based measures of how the market expects the price of bitcoin to fluctuate over a 30-day constant maturity time horizon. The indices are not tradable futures products, but they serve as...

by PRNewswire

Banking

Mondevo Group Unveils ITTIKAR

November 21, 20254 min

Launching in Q1, 2026, the platform will introduce dedicated AI agents for every family office, redefining access to the $6 trillion family office market.

by PRNewswire

Compliance & Scoring

First Bank Appoints New Chief Risk Officer: Bridget Welborn

November 21, 20254 min

First Bank is pleased to announce that Bridget Welborn joined the bank this October as its new Chief Risk Officer and Head of Legal. Welborn brings more than 15 years of experience in legal, risk, privacy, and regulatory compliance, with a proven track record advising boards, CEOs, and executive management on critical initiatives. Welborn most recently served as Senior Counsel, Banking, Privacy & Data Security at Wyrick Robbins, advising financial institutions, fintechs, and insurers on...

by GlobeNewswire

Crypto Currencies

Bitget Wallet Introduces Zero-Fee Feature for Its Crypto Card in 50+ Markets

November 21, 20255 min

The Bitget Wallet Card enables fee-free stablecoin spending and customized designs, expanding everyday crypto payments across Visa and Mastercard networks

by BusinessWire

Payments

EMVCo Working on How Global Specifications Can Support Agentic Payments

November 21, 20254 min

EMVCo, the technical body that creates and manages EMV Specifications and programmes that enable seamless and secure card-based payments worldwide, has announced that it is working on how global specifications can support innovation in agentic payment solutions by increasing trust and interoperability across the ecosystem. Agentic commerce is rapidly reshaping the shopping experience by enabling AI agents to act on the consumer’s behalf. This is driving significant momentum for agentic payments, which introduce AI agents...

by GlobeNewswire

Security

HashStaking Announces New Transparency Dashboard to Strengthen User Trust

November 20, 20255 min

HashStaking today announced the introduction of a comprehensive Transparency Dashboard designed to provide users with clearer visibility into the platform’s internal operations, staking performance, and security processes. This development reflects the company’s commitment to accountability and operational clarity at a time when users increasingly seek reliable information about how digital-asset platforms function behind the scenes. The Transparency Dashboard aggregates live metrics from multiple components of the HashStaking ecosystem and presents them in a simplified format that...

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