Banking

Abu Dhabi Islamic Bank, a financial institution, announced the launch of the region’s first tokenised, contactless payment methods through the options of clasp and ring ‘ADIB PAY’, in partnership with token enablement service provider Tappy Technologies and global digital...

Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million and refinance its asset-backed loans. Additionally, Galaxy has agreed to host Argo’s mining machines located...

MUFG Bank, a subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG), has announced an investment of $200m in Jakarta-based banking and digital finance platform Akulaku. Founded in 2016, Akulaku is a fintech firm that provides digital financial services in Indonesia...

Financial software provider Finastra announced that US-based FinWise Bank has selected its Fusion Phoenix as new core banking solution to support its digital expansion. FinWise Bank is a Utah state-chartered community bank and a fully owned subsidiary of bank holding...

Financial software provider Finastra announced that US-based FinWise Bank has selected its Fusion Phoenix as new core banking solution to support its digital expansion. FinWise Bank is a Utah state-chartered community bank and a fully owned subsidiary of bank holding...

US Republican senators, led by Pat Toomey of Pennsylvania, submitted legislation on December 21 that they claim will strengthen oversight and place restrictions on the Federal Reserve's authority. The Federal Reserve Accountability Act would reduce the number of Fed regional...

The INX Digital Company, Inc., a broker-dealer and inter-dealer broker - offering the first-ever SEC-regulated digital asset trading platform for both cryptocurrencies and security tokens, announced that it has officially entered into a strategic partnership with SICPA, a global...