rewrite this title Fintech Rundown: A Rapid Review of Weekly News – Finovate

Welcome to March! Women’s History Month, Holi (the Hindu “Festival of Colors”), the start of spring, St. Patrick’s Day, Eid al-Fith, Cesar Chavez Day … there’s a lot to celebrate and look forward to over the next few weeks.

Here on Finovate’s Fintech Rundown, we’re looking forward to the rush of industry news and announcements that typical comes with the seasonal thaw.

Payments

Private equity firm Incore Invest completes its acquisition of CoreOrchestration AB from Worldline.

Apple is in conversation with banks in India to bring Apple Pay to the country later this year.

Embedded finance

Confido, an embedded financial infrastructure platform for law firms and legaltechs, raises $9 million in funding.

Fraud prevention

ThetaRay and Matrix USA team up to help financial institutions modernize their transaction monitoring programs.

Stablecoins

MoonPay builds infrastructure platform for PYUSD-backed stablecoins.

Agentic AI

Colt Technology Services announces proof of concept for an agentic AI engine developed in partnership with Microsoft.

Banco Santander and Mastercard complete Europe’s first live agentic AI payments transaction.

DeFi

US-based FundBank acquires Irish blockchain startup Trrue.

The Hong Kong Monetary Authority (HKMA), the Shanghai Data Bureau (SDB), and the National Technology Innovation Center for Blockchain ink a Memorandum of Understanding between Shanghai and Hong Kong to apply blockchain technology to develop a cross-border platform to facilitate trade finance.

Open finance

Promoteo teams up with Fiskil to help implement Open Finance across Latin America.

Photo by Pixabay

Views: 33