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  • Cycles launches capital-efficient clearing platform for crypto trading firms
    Crypto infrastructure startup Cycles has announced the pilot launch of Cycles Prime, a decentralized clearing application and API designed to improve capital efficiency for trading firms. 
  • LINE NEXT and Kaia to expand adoption of Tether's USDT in Asia
    LINE NEXT, Line’s venture for developing the Web3 ecosystem, has partnered with Kaia following the launch of Tether’s USDT on the Kaia blockchain.
  • Shelter Insurance adopts Shift Technology's fraud detection solution
    Shelter Insurance has implemented Shift Technology’s Shift Claims Fraud Detection solution in order to optimise defences against auto and property insurance fraud.
  • OpenAI, Microsoft renegotiate for new funding and IPO
    OpenAI, together with Microsoft, has been reportedly renegotiating the terms of their partnership, aiming to launch an IPO while also safeguarding its access to AI models. 
  • Paysafe and Fiserv strengthen partnership
    Paysafe and Fiserv, Inc. have expanded their partnership to focus on initiatives that empower small and medium-sized businesses (SMBs).
  • Yondr Money to issue Mastercard products via Kobble Platform
    Yondr Money has secured principal issuing rights from Mastercard in Australia, which will enable the fintech to issue prepaid and debit cards through BaaS platform.
  • Woori Bank launches a new Open Banking service
    Woori Bank has planned to launch an Open Banking service designed for non-financial SMEs and startups.
  • Origami Tech launches free automation platform for digital asset trading
    Origami Tech has announced the launch of its no-code automation platform for cryptocurrency trading, aimed at simplifying the fast-growing sector.
  • Extend introduces open-source AI toolkit to optimise finance workflow
    Extend, a virtual card and spend management platform, has announced the launch of its open-source AI toolkit.
  • SEC official challenges Ripple settlement terms in court filing
    A recent development in the ongoing legal dispute between Ripple Labs and the SEC has prompted criticism from within the regulatory body itself.
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