Thredd is expanding its issuer processing platform to include stablecoin-powered money movement capabilities. This expansion stems from a partnership with stablecoin treasury and settlement platform Velocity, Thredd announced in a Wednesday (Sept. 23) news release. “Stablecoins are rapidly becoming an important part of global payments infrastructure, but clients...
Bed Bath & Beyond is continuing its pivot beyond the home decor world via a new partnership with Alliant Credit Union. The companies on Monday (Sept. 21) announced the Journey Home program, designed to help people “prepare financially, purchase a home, and manage the transition...
J.P. Morgan Asset Management (JPMAM) is forming a $20 billion partnership with the Qatar Investment Authority (QIA), according to a Monday (Sept. 21) press release. The collaboration is divided into two pieces, including a $15 billion public equities mandate to support QIA’s investments and a...
Yahoo Finance ended its partnership with prediction market Polymarket, Bloomberg reported Friday (Sept. 18). A Yahoo spokesperson said in the report: “We had a previous partnership with Polymarket to display relevant prediction market data across Yahoo Finance. That specific agreement ended, but Polymarket continues to...
Nasdaq Verafin and Stablecore partnered to help financial institutions detect financial crimes across fiat and digital asset activity, Nasdaq said in a Tuesday (Sept. 15) press release. The partnership brings together digital asset transaction activity from Stablecore, a company that provides infrastructure used by banks...
Issuer processor firm Thredd has launched a partnership with cross-border payment/capital settlement platform iPayLinks. The collaboration, announced Tuesday (Sept. 15), will see Thredd power China-based iPayLinks’ new Mastercard virtual commercial debit card program. “iPayLinks has built a comprehensive platform that helps businesses simplify the movement and management of funds across...
FinTechs are finding more growth in large corporate relationships, whether by winning larger customers or handling more of the financial activity of companies they already serve. Revolut, for example, is targeting FTSE 250 businesses as it seeks a larger role in corporate banking, where its...
Four federal agencies are seeking comment on proposed guidance to help financial institutions manage risk associated with third-party relationships. The proposed third-party risk management guidance and the request for comment were announced Friday (Sept. 11) in a joint release issued by the Federal Deposit Insurance...
Stablecoin issuer Tether is entering the private credit space in partnership with Fasanara Capital. The two companies on Wednesday (Sept. 9) announced the launch of the StableFund, an “evergreen private credit vehicle” anchored by $400 million in co-investment from both sponsors, targeting up to $3 billion in institutional capital. “The...