Author: Charitarth Sindhu

BitGo quantum risk tooling is now live for institutional Bitcoin wallets. BitGo has rolled out new quantum-risk management capabilities, aimed at helping custody clients assess and reduce exposure tied to UTXO-based wallet structures before quantum computing becomes a practical threat rather than a theoretical one. The release adds four concrete pieces. A UTXO Selection Method groups and prioritises unspent transaction outputs by address to limit exposure from partial spends. A Quantum Risk Score gives clients an in-platform read on their exposure across supported wallets. A Fix Exposed Addresses workflow walks clients through moving funds off elevated-risk addresses. And updated default…

Citi 24/7 USD Clearing has its first live bank client. The Siam Commercial Bank has become the first financial institution client globally to go live on Citi’s integrated 24/7 USD Clearing paired with Citi Token Services, enabling near-instant cross-border USD payments for corporate and institutional clients at any hour, any day of the year. The first live transaction moved funds from a Citi London account held by Phillip Capital Inc. to a beneficiary account at SCB in Thailand, settling over a US holiday weekend. That is precisely the transaction window traditional correspondent banking cannot serve. How Citi 24/7 USD Clearing…

Swift blockchain ledger is now ready for initial use. Swift says the ledger is live for early adopters, with 17 banks across six continents lined up to pilot 24/7 cross-border payments using tokenised deposits. The list is not a group of niche crypto-friendly banks. ANZ, BNP Paribas, BNY, Citi, DBS, First Abu Dhabi Bank, FirstRand, HSBC, Itaú Unibanco, Lloyds, Mashreq, MUFG, OCBC, Standard Chartered, UBS, UOB, and Wells Fargo are all preparing to test live transactions. Swift built the ledger in nine months, with feedback from those same institutions. How the Swift Blockchain Ledger Works The Swift blockchain ledger works…

Klarna Germany facility is the company’s first forward flow and warehouse financing deal in the country. Klarna has established a 900 million euro facility that it says will support up to 5 billion euros of Fair Financing originations there over the life of the program. Under the two-year agreement, Klarna sold a portfolio of existing German Fair Financing term loans and will keep selling newly originated German receivables on a rolling basis. That moves the loans off its own balance sheet while Klarna keeps the underwriting and servicing. What the Klarna Germany Facility Does The Klarna Germany facility is the…

Amplify Goldman Sachs custody is a bet about what independent advisors really want. Amplify, a platform built around what it calls an AI-native data lake for registered investment advisors, launched its Custody Command Layer this week, integrated directly with Goldman Sachs Custody Solutions. The pitch is same-day account opening, real-time data, and no reconciliation, aimed at large independent RIAs and enterprises that want institutional-grade custody infrastructure without giving up their own brand. Amplify says it supports more than 655 advisors and $24.5 billion in assets. The Amplify Goldman Sachs Pitch Is Not New The keep-your-brand, get-the-plumbing pitch behind Amplify Goldman…

Nuvo CreditRiskMonitor is a data integration with real consequences. Nuvo Technologies and CreditRiskMonitor, the publicly traded credit risk data provider (OTCQX: CRMZ), announced an integration that makes CreditRiskMonitor’s company risk scores, alerts, and credit limit guidance readable by Nuvo’s AI agents. Those agents handle customer onboarding, credit monitoring, and accounts receivable work for finance teams on Nuvo’s network, which the company says now covers more than 150,000 verified businesses, including AutoZone, PoolCorp, and Great Dane. What the Nuvo CreditRiskMonitor Integration Does The specifics of the Nuvo CreditRiskMonitor integration matter here. Nuvo’s agents can now read CreditRiskMonitor’s FRISK Scores, its bankruptcy…

Account takeover confidence at financial firms sits far above the evidence supporting it. Secret Double Octopus, a passwordless authentication vendor, published its 2026 State of Identity Security in Financial Organizations report this week, based on a survey of 200 identity and access management leaders at US and Canadian financial services firms. The topline is a confidence gap. While 94% of respondents said phishing attacks rose over the past year, and only 28% of the multi-factor authentication protecting their workforce is phishing-resistant, 82% still said they feel protected from account takeover. The Account Takeover Numbers Behind the Confidence This is a…

Depa Finance stablecoin infrastructure now has a new backbone. Depa, a payments provider that sits between traditional banking rails and digital assets, has selected Modern Treasury to power its cross-border payments across both US dollar rails and stablecoins. Depa says it settles payments in more than 200 countries with round-the-clock availability, processes upward of 14,000 payments a day, and has moved over $1 billion through its platform to date. Those figures come from Depa, not from an independent source. What the Depa Finance Stablecoin Deal Buys The pitch is familiar by now. Fintechs and corporates want to send money across…

Klarna Flix is a partnership built on a genuinely good fit. Klarna and Flix, the parent company of FlixBus, FlixTrain, Greyhound, and Kamil Koç, are expanding a partnership that puts Klarna’s pay-in-full, interest-free installment, and longer-term financing options into Flix’s booking flow across 21 markets. The expansion adds the UK, Germany, Italy, France, Poland, Switzerland, Austria, and Spain, among others, to a relationship that previously covered the US and Sweden. The deal also strips out foreign-exchange fees on cross-border bookings, so a traveler booking a bus from Berlin to Warsaw can pay in their home currency without an FX markup.…

Modern Treasury Depa Finance is a customer-logo announcement, not a product launch. Modern Treasury said this week that Depa Finance, a stablecoin-native cross-border payments provider, has picked its infrastructure to orchestrate payments across US bank rails and stablecoins. Depa says it processes more than 14,000 payments a day and over $1 billion a year across 200-plus countries, moving money for fintechs and corporates that need to settle outside the traditional correspondent banking system. Financial terms were not disclosed. What the Modern Treasury Depa Deal Delivers What Depa gets is access to Modern Treasury’s Global USD Accounts product. Modern Treasury says…