Digital Finance stories - Page 2

MetaComp has launched Ripple's USD stablecoin RLUSD on its StableX platform, offering APAC institutions faster, compliant cross-border payments.

BlackLine supports Clearsulting’s expansion into Australia to enhance finance digital transformation, offering local access to combined consulting and software solutions.

Tokenisation and blockchain tech are breaking barriers, letting everyday investors access alternative assets once reserved for the ultra-wealthy.

Singapore's Alpha Ladder Group patents a framework for carbon-backed stablecoins, linking real-world decarbonisation projects to blockchain technology for greener finance.

Pipe has launched four AI agents to speed up small business funding, automating fraud checks and payments to cut decision times from weeks to minutes.

MetaComp urges firms to use three KYT tools for stablecoin checks after study finds single-tool setups miss up to 25% of high-risk blockchain transactions.

Swyftx is acquiring US crypto brokerage Caleb & Brown to target wealthy investors, marking the largest crypto acquisition in Australasian history.

Fintech firms are reshaping finance with programmable money, using stablecoins and smart contracts for faster, borderless, 24/7 value transfer globally.

Kraken has launched its Krak app, a global money management platform for crypto and fiat assets, with a phased rollout planned for Australia soon.

Zama secures USD $57 million in Series B funding, reaching unicorn status with a valuation exceeding USD $1 billion and advancing blockchain privacy tech.

Paydibs launches its NEO terminal in Malaysia, uniting multiple payment methods into one device to simplify transactions for MSMEs at MYR RM189.

Nearly one in three UK employees are regularly chased for missing receipts, highlighting ongoing delays as finance teams rely on manual expense management processes.

BlackLine has appointed Sam Balaji, former Deloitte Consulting CEO, to its Board to drive global growth and accelerate AI-led digital finance transformation.

CloudTech Group raises AUD $14 million, largely in Bitcoin and USDT, to launch institutional digital asset custody and expand its blockchain platform.

Airwallex appoints a new board for its SVF unit as it nears an ADI licence in Australia, following a USD $300 million funding round valuing the company at USD $6.2 billion.

Indosat Ooredoo Hutchison approved a cash dividend of IDR83.3 per share and advances its AI-driven tech transformation for 2024.

StraitsX's XUSD stablecoin will debut on Binance, bolstering its presence in digital finance as it surges towards mainstream adoption and infrastructure innovations.

Binance has secured its first institutional investment, a groundbreaking USD $2 billion from Abu Dhabi's MGX, marking a pivotal moment in cryptocurrency.

MongoDB has acquired Voyage AI, enhancing its data retrieval capabilities for AI applications, crucial for sectors like healthcare and finance.

As businesses strive for digital finance transformation, many fail to see the expected benefits, highlighting the need for clear goals and effective planning.