Financial Infrastructure stories

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

Iranian cyber attacks shift towards causing disruption and political damage following Israeli strikes, raising cybersecurity alarms.

SYSPRO appoints Mathias Høyer as CFO to lead global finance during growth, leveraging his extensive experience in tech-focused financial strategy and transformation.

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

Nearly 42% of data breaches in top fintech firms stem from third-party vendors, highlighting critical supply chain vulnerabilities despite strong internal security.

Airwallex has secured USD $300 million in Series F funding, valuing the fintech firm at USD $6.2 billion and fuelling plans for global expansion.

A JP Morgan survey reveals 71% of institutional traders avoid crypto, citing readiness concerns despite growing momentum in blockchain adoption.

Australian SMEs face major challenges with slow cash flow and payment reconciliation, losing hours weekly and risking $50,000–200,000 in disputes, Adyen finds.

Airwallex has reported a staggering 153% revenue increase in Singapore for 2024, spurred by booming transaction volumes and significant customer growth.

Fintech firm Yavrio has expanded its services by integrating corporate banking with five major US banks, enhancing transaction efficiency and security.

Airwallex has signed agreements to acquire CTIN Pay in Vietnam, expanding its Southeast Asian operations and enhancing support for international commerce.

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

Stake has launched PayTo for real-time transfers, partnering with Zepto to enable customers to manage automated deposits directly from bank accounts.

A Stripe report reveals that 46% of Australian subscription businesses plan global expansion, but 73% doubt their billing systems' readiness.

Stripe celebrates a decade in Australia with expanded offerings like PayTo and Instant Payouts, supporting over 500,000 businesses in processing $200 billion.

Finastra powers Asia's first fully digital reserve bank, ORO Bank, in Bhutan's Gelephu Mindfulness City SAR. The cloud-based institution aligns banking with sustainability and innovation.

Bristol Sport enhances its financial operations by utilising Xledger UK's automated cloud solution, aiming to streamline processes and support ambitious growth.

Zepto, an account-to-account payments technology leader, embraces growth by naming industry veteran Colin Baines as Chief Commercial Officer.

Stripe enhances partnership with Amazon in Australia, powering payments for the revolutionary 'Just Walk Out' technology, for an unrivalled seamless shopping experience.

Singapore's Xalts acquires Contour Network in a strategic move to augment its trade finance solution ecosystem and digitise the $30tn sector.