Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- Fiserv considers sale of one of its two debit networks
Fiserv CEO Takis Georgakopoulos stated at Citi's FinTech conference that the company could sell one of its two debit networks to the right bidder. The financial services technology provider is migrating clients to one network over the coming quarters because it does not need two.
- DTCC plans Solana integration for securities tokenization in 2027
The Depository Trust and Clearing Corporation plans to link its securities tokenization service to the Solana blockchain in the second half of 2027. Announced on November 12, the integration will allow eligible securities held by DTC to be converted into digital format.
- BNY partners with Figment to launch institutional cryptocurrency staking
BNY is collaborating with blockchain infrastructure provider Figment to provide cryptocurrency staking services via its Digital Asset Custody platform. Announced on November 12, the arrangement uses Figment validator infrastructure to enable institutional clients to earn rewards without establishing a separate custody setup.
Payments
- Western Union attempts to cancel 500 million dollar Intermex acquisition
Western Union has moved to terminate its 500 million dollar acquisition of International Money Express after rejecting conditions from California regulators. Intermex has challenged the cancellation and demanded the transaction proceed, resulting in a legal dispute.
Since the last briefing
- · 4 new major stories