OpenWay Powers Global Launch of Visa Fleet 2.0

OpenWay, a leading global provider of digital payment software solutions, has joined forces with Visa, a world leader in digital payments, to be a part of the Ready for Fleet program. Through this collaboration, OpenWay powers the global rollout of Visa Fleet 2.0, an advanced mobility and fleet card solution that helps businesses manage and pay for mobility-related expenses more efficiently. This step underscores OpenWay’s commitment to advancing digital payment innovation in the fleet industry and aligns with...

TerraPay Unveils Xend for Borderless Wallet Payments

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...

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

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...

Byreal Slashes LP Costs 95% with New Social Features

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...

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

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...

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