Banking & fintech
Banks, payments and financial technology: products, deals and rules from the institutions themselves.
Hong Kong Expands Fintech Tokenisation and Digital Asset Initiatives
Christopher Hui outlined Hong Kong's fintech progress, covering digital bond issuance, stablecoin licensing, generative AI expansion, and a digital ledger for gold transactions.
Hong Kong SAR Government
Advasa Reports Proposed 20% Share Forfeiture by Top Holder
Advasa Holdings announced its largest stockholder plans to surrender 97,413,140 shares, reducing outstanding common stock by approximately 20%.
Company filings with the US SEC
EDGE Markets Targets $2 Billion in NFL Season Volume
EDGE Markets announced it expects to process over $2 billion in transactions this NFL season, driven by real-time trading demand.
Company press releases (PR Newswire)
Finastra Launches StandbyX Cloud SBLC Tool for U.S. Banks
Finastra announced a new cloud-enabled standby letter of credit solution to help U.S. banks digitize and automate processing.
Company press releases (PR Newswire)
Kapital Agrees to Acquire AI Startup Woz for $30M
Kapital is acquiring AI startup Woz in a $30 million cash-and-stock deal to bolster its AI-native banking platform and enterprise financial tools.
Company press releases (PR Newswire)
Owlting Posts 15-Fold OwlPay Harbor Payment Volume Growth
Owlting reported accelerating payment volume across 50 markets as it expands regulated infrastructure to connect cross-border payments and AI agents.
Company filings with the US SEC
Egan-Jones Examines AI Pressure on Firms Selling Expertise by Hour
Egan-Jones released a commentary detailing how artificial intelligence could compress margins for hourly expertise firms, venture capital, and housing.
Company press releases (PR Newswire)
Advasa Sets Multi-Year Revenue Goals for Fintech Platform
Advasa Holdings announced financial targets aiming for USD 632.91 million in consolidated revenue by March 2031.
Company filings with the US SEC
SAP Launches SAP Pay and Expands AI Tools for Finance
SAP has launched an embedded payment service called SAP Pay and expanded its Joule AI assistants to automate enterprise finance workflows and consolidation.
SAP
MassPay Integrates Cash App for Near Real-Time Payouts
MassPay clients can now send near real-time payouts directly to recipient Cash App accounts.
Company press releases (PR Newswire)