FinTech Daily Roundup: Key Insights in Financial Technology

FinTech Daily Roundup: Key Insights in Financial Technology

Welcome to Today’s FinTech Daily Roundup your go-to source for the latest developments i financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance

Gen Acquires Trellis to Expand AI Insurance Marketplace

Gen, a global technology company focused on empowering digital freedom, has announced the acquisition of Trellis, a technology platform designed to simplify and automate the process of shopping for insurance. By bringing Trellis into its ecosystem, Gen plans to strengthen the capabilities of its embedded financial marketplace platform, Engine by Gen, and deliver more personalized insurance solutions through its network of financial services partners.

ShredPay Launches Unified Blockchain Finance Platform

ShredPay has introduced a new blockchain finance platform designed to make digital asset services more accessible and compliant for both individual users and financial institutions in the United States. The platform brings together a range of blockchain-based financial tools including stablecoins, decentralized finance (DeFi) products, and non-custodial digital wallets into a single ecosystem.

Swiggy and HDFC Bank Launch BLCK & Ornge Credit Cards

Swiggy, India’s leading on-demand convenience platform, has expanded its partnership with HDFC Bank by introducing two new co-branded credit cards: the Swiggy BLCK HDFC Bank Credit Card and the Swiggy Ornge HDFC Bank Credit Card. The new cards are designed to enhance everyday spending experiences for consumers by offering increased rewards across categories such as food delivery, quick commerce, travel, entertainment, and lifestyle shopping.

RedotPay Secures Crypto Licenses in US, Canada, Argentina

RedotPay, a global fintech company focused on stablecoin-based payment solutions, has announced a significant expansion of its regulatory framework by securing key licenses across Argentina, Canada, and the United States. The company has obtained Money Services Business (MSB) registration in Canada, a FinCEN MSB registration in the United States, and a Virtual Asset Service Provider (VASP) license in Argentina. These regulatory milestones strengthen RedotPay’s compliance infrastructure and support its goal of delivering secure, fast, and fully regulated digital asset payment services to users worldwide.

Bloomberg BFIX to Include Euronext FX Transaction Data

Bloomberg Index Services Limited has announced a new agreement with Euronext FX to incorporate transaction data from Euronext FX’s Spot FX and Precious Metals markets into its Bloomberg FX Fixings (BFIX) benchmark offering. The integration of this data, known as Euronext FX Prints, is intended to strengthen the reliability, transparency, and representativeness of the BFIX benchmarks used across global currency markets.

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