DTCC is working with AWS and Microsoft to move its core market and digital market infrastructure to the public cloud. The move signals a major technology shift for a critical market utility, with implications for resilience, scalability, and operational oversight.
Finextra ↗eToro has agreed to acquire self-custodial crypto wallet provider Zengo in a deal reportedly worth about $70 million. The move expands eToro’s crypto offering and could affect how the platform handles custody and user asset controls.
Finextra ↗Experian has acquired Konfir to expand its verification and automation capabilities. The deal is aimed at bringing more data and better verification outcomes to clients.
Finextra ↗Euronet Worldwide has agreed to acquire PaynoPain, a Spanish fintech focused on digital-first online payment solutions. The deal expands Euronet’s payments and cross-border transactions footprint across e-commerce, hospitality, microfinance, and marketplace clients.
Finextra ↗EuroCTP has selected Exegy as its core technology partner for the EU’s first real-time pre- and post-trade consolidated tape for shares and ETFs. The move supports the infrastructure behind a major market data initiative in Europe.
Finextra ↗The FCA has opened a consultation on the UK’s future crypto regime. The excerpt says crypto will be regulated in the UK from October 2027.
Finextra ↗UniCredit has invested €4 million for a 16% stake in BlockInvest. The move supports the bank’s plans to expand tokenized financial assets across its main markets.
Finextra ↗Societe Generale’s SG-Forge is partnering with Consensys to make its USD CoinVertible stablecoin available through the MetaMask Web3 wallet. The move broadens access to the token for global users and reflects continued growth in digital asset distribution channels.
Finextra ↗Revolut Business has launched a service for UK firms to hire, onboard, and pay international talent. The product is aimed at helping businesses expand into new markets more easily.
Finextra ↗Monument Technology says Ecology Building Society is now fully live on its banking platform. The move completes a core transformation programme that began with the partnership announced in 2024.
Finextra ↗Allbirds is shifting away from its shoe business and rebranding as NewBird AI. The company secured a $50 million convertible financing facility to support the move into AI servers.
TechCrunch ↗OpenAI has updated its Agents SDK to help companies build safer and more capable AI agents. The move reflects growing enterprise interest in agentic AI tools and more controlled deployment.
TechCrunch ↗Hightouch says it reached $100 million in annual recurring revenue after rapid growth tied to its AI agent platform for marketers. The company added $70 million in ARR over 20 months following the product launch.
TechCrunch ↗LinkedIn data shows hiring has fallen about 20% since 2022. The company says higher interest rates, not AI, are the main reason for the slowdown so far.
TechCrunch ↗AI learning platform Gizmo has grown to more than 13 million users and secured $22 million in Series A funding. The update highlights continued investor interest in consumer AI education tools.
TechCrunch ↗Google has released a native Gemini app for Mac, expanding access to its AI assistant on Apple desktops. The app can help users with what is on their screen, including local files.
TechCrunch ↗Adobe introduced a new Firefly AI assistant that can work across Creative Cloud apps such as Photoshop, Premiere, Lightroom, Express, and Illustrator. The assistant is designed to complete tasks for users inside Adobe’s creative software ecosystem.
TechCrunch ↗Parasail raised $32 million in Series A funding to support AI developers as token-heavy model use grows. The company is positioning itself for a more fragmented market where compute demand could expand alongside multiple model providers.
TechCrunch ↗Researchers from UCSD and Together AI introduced Parcae, a stable architecture for looped language models. They say it can match the quality of a transformer twice its size while using a more efficient design.
MarkTechPost ↗DeepL is moving beyond text translation and into voice translation, aiming to support real-time use cases. The company says its technology could integrate with meeting platforms such as Zoom and Microsoft Teams.
TechCrunch ↗