Newswire Summaries
Enterprise AI use soars in China, faces scaling challenges
Monday, December 08, 2025 18:37:41 (UTC)
"Enterprise AI Use Soars in China, Facing Scaling Challenges" China's e-commerce and fintech sectors see major AI-driven transformation through extensive platform integration, regulatory advances, and infrastructure growth. Despite scaling challenges, government programs and large investments bolster sustainable AI, enhancing China's global competitiveness and influence. Dublin, Dec. 08, 2025 (GLOBE NEWSWIRE) -- The "AI Transformation in China's E-Commerce Ecosystem: Regulation, Infrastr...
LATAM fintech hubs propel AI growth amid structural barriers
Monday, December 08, 2025 18:35:54 (UTC)
"Latin America's Fintech Hubs Propel AI Growth Amid Structural Barriers" AI adoption is booming in Latin America's payments and e-commerce sectors, driven by fintech hubs in Brazil, Mexico, and Colombia. Despite this, talent gaps and infrastructure challenges hinder wider scaling, especially in smaller economies. Regulatory progress is uneven, further limiting growth. Dublin, Dec. 08, 2025 (GLOBE NEWSWIRE) -- The "AI in Latin America's Payments and E-Commerce Market: Growth, Innovation, ...
Binance the first crypto exchange to secure global license under ADGM framework
Monday, December 08, 2025 18:33:06 (UTC)
Binance Becomes First Crypto Exchange To Secure a Global License Under ADGM Framework, Setting a New Standard in Digital-Asset Regulation ABU DHABI, UAE, Dec. 7, 2025 /PRNewswire/ -- Binance, the world's largest cryptocurrency exchange by trading volume and users, today announced a landmark regulatory achievement: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has formally approved the authorisation o...
Canadian fintech Tuhk Inc. raises US$6 million seed round led by FINTOP
Monday, December 08, 2025 18:31:41 (UTC)
Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures Tuhk Inc. logo (CNW Group/Tuhk Inc.) TORONTO, CANADA, Dec. 8, 2025 /PRNewswire/ - Tuhk Inc., a fintech startup founded by Ethoca and NuData Security veterans, secured US$6 million in seed funding led by FINTOP, with participation from Lloyds Banking Group and Capital One Ventures. The platform aims to revolutioni...
Bybit, Circle forge strategic partnership to advance global USDC adoption
Monday, December 08, 2025 18:30:07 (UTC)
Bybit and Circle Forge Strategic Partnership to Advance Global USDC Adoption DUBAI, UAE, Dec. 8, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced a strategic partnership with an affiliate of Circle Internet Group, Inc. ('Circle') (NYSE:CRCL), a global financial technology firm and the issuer of USDC through its regulated entities. The partnership aims to expand USDC access across Bybit's global ecosystem, strengthen liq...
PayDo launches unified payment infrastructure suite for digital businesses
Monday, December 08, 2025 18:28:39 (UTC)
PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses LONDON, Dec. 8, 2025 /PRNewswire/ -- PayDo, a leading global payment ecosystem founded by Serhii Zakharov – who at just 25 became one of the youngest CEOs approved by the FCA to run an Electronic Money Institution in the UK, today announced a series of strategic infrastructure launches designed to dismantle the costly complexity of modern payment stacks. The releases—Direct SEPA & SEPA Instant access, USD...
Logicbroker, PayPal aim to make agentic commerce accessible to merchants at scale
Monday, December 08, 2025 18:26:49 (UTC)
Logicbroker Announces Partnership with PayPal to Make Agentic Commerce Accessible to Merchants at Scale NEW YORK, Dec. 8, 2025 /PRNewswire/ -- Logicbroker, whose Intelligent Commerce Network powers some of the world's largest retailers and brands, today announced a strategic partnership with PayPal, a global leader in digital commerce. The collaboration allows thousands of Logicbroker merchants to seamlessly activate PayPal's agentic commerce services—including store sync and futur...
Incore Invest to acquire CoreOrchestration AB from Worldline
Monday, December 08, 2025 18:21:29 (UTC)
Incore Invest to Acquire CoreOrchestration AB from Worldline in Carve Out Transaction Swedish investor, Incore Invest, takes control of PaymentIQ in a nine-figure deal Stockholm, Sweden, 8 December 2025; Incore Invest today announces that it has entered into an agreement to acquire CoreOrchestration AB, a Swedish software company behind the PaymentIQ payment orchestration platform, from Worldline. The nine figure transaction is expected to close in Q1 2026 and will result in CoreOrchestrat...
Socure acquires Qlarif, establishing real-time BNPL credit system
Monday, December 08, 2025 18:18:03 (UTC)
Socure Acquires Qlarifi, Establishing the First Real-Time BNPL Credit System and Setting a New Standard for Safe, Low-Cost Payments With Qlarifi, Socure now combines industry-leading identity verification and risk decisioning with BNPL-specific visibility to help lenders say “yes” to good customers faster while meeting regulatory calls for increased consumer protection INCLINE VILLAGE, Nev., Dec. 8, 2025--Socure, the AI-first platform for global identity, compliance and risk decisionin...
FIDO Alliance launches new digital credentials Initiative
Friday, December 05, 2025 17:06:47 (UTC)
Dec 4, 2025 8:48 PM Eastern Standard Time FIDO Alliance Launches New Digital Credentials Initiative to Accelerate and Secure an Interoperable Digital Identity Ecosystem New Digital Credentials Working Group to work with global FIDO Alliance members and industry partners to align digital identity ecosystem MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--The FIDO Alliance announced today the launch of a new digital credentials initiative, marking an expansion of its mission to accelerate the adop...