Regulatory clarity brought forth new standards nd improvements, with key players taking things in stride.
That said, integrations continued to rule.
Headlines to take note of:
- CME wants to launch a new FX pricing solution;
- Blue Ocean teamed up with Eventus to provide market transaction transparency.
- The SEC announced a new crypto ETP issuer disclosure framework;
- Intuit now has new AI helpers across its ecosystem;
- Thanks to Oracle, trade finance is revved up and ready to go! (read on to find out);
- And much more!
Of course, this is your week in digital wealth!
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Wealthtech, Regtech, Regulatory, and Treasury
CME Group
A June 30 announcement on CME’s website revealed intentions to debut FX Tape+, an industry-focused reference pricing offering. The product also provides a bird’s-eye view of market liquidity depth across CME’s Central Limit Order Book (CLOB) venues.
CME also announced that FX Tape+ will take off soon. The firm has yet to announce a specific launch date.
Eventus/Blue Ocean Technologies
Capital markets specialist Blue Ocean revealed its choice of the Eventus Validus ecosystem for transaction integrity oversight. The tie-up enables enhanced activity surveillance on the Blue Ocean ATS.
Furthermore, the deployment provides key players with comprehensive insights, creating opportunities for trade profit.
OTC Markets Group Inc.
In an ecosystem advancement, Fintech OTC Markets announced the OTC Markets OTCID™ Basic Market, featuring boutique pricing and liquidity. The offering enhances over-the-counter (OTC) equities disclosure standards through ongoing interactions between investors and their relevant firms.
Additionally, firms within the OTC Markets OTCID™ Basic Market ecosystem now have new disclosure requirements. They include periodical financial statements, amended corporate particulars, and managerial qualifications.
Elements Innovation Technologies LLC (AdvisorCRM)
On the AI end, AdvisorCRM boosted meetings with a new AI meeting assistant. The AI agent has Model Context Protocol (MCP)-focused integrations with Claude and ChatGPT.
Moreover, the solution has several intuitive features. They include event summary capabilities and task organization capacities.
Crypto, Blockchain, and Digital Assets
On July 1, the SEC announced new digital asset ETP disclosure requirements for providers. Crypto ETP issuers now have specific guidelines they must follow.
They include prospectus cover page clarity, digital asset per-share details, and underlying tokens, alongside their related ecosystems.
USDC stablecoin issuer Circle unveiled Circle Gateway, a cross-chain solution that enhances token transaction interoperability across multiple blockchains. Users can access a combined balance sheet of their USDC tokens.
Furthermore, the July 1 announcement revealed plans to launch the product across several test networks, including Avalanche, Ethereum, and Base.
J.P. Morgan (Kinexys)/S&P Global, Inc.
Carbon credit transaction tokenization was at the fore, with a new application on J.P. Morgan’s Kinexys blockchain. Several players are involved in initial tests, including EcoRegistry, the International Carbon Registry (ICR), and S&P Global Commodity Insights.
Moreover, ICR and EcoRegistry completed trials, while S&P’s experiments are already underway.
Fintech, Personal Finance, and Apps
Intuit, Inc.
All-American favorite software provider Intuit took its AI game further with new growth-focused AI assistants. The AI agents unify business processes via seamless human collaborations.
They include a finance agent, an accounting agent, and a payment agent.
Still, on the agent front, industry behemoth SAP unveiled Fioneer AI Agent, its leading automation expert. The offering has integrations with SAP’s core products for the financial services sector.
Fioneer AI Agent also supports in-house LLMs and SAP’s legacy models, including AP BTP AI Core LLMs.
BILL Holdings, Inc.
On June 30. payment-focused Fintech BILL introduced BILL Supplier Payments Plus. The product enables seamless bulk transaction reconciliation between suppliers and their SMB customers.
Consequently, BILL Supplier Payments Plus unifies Accounts Receivable (AR) data across platforms, enabling seamless payment scenarios.
Negotiation Technologies LLC (PitBullTax Software)
Niche Fintech PitBullTax announced unified access to its ecosystem in a July 1 post on its website. Tax professionals can access the platform through a three-tiered membership plan based on the number of active users within organizations.
Features available on the PitBullTax platform include on-demand IRS transcripts, text message client communication capacities, scenario modelling functionalities, and electronic form signature capabilities (via DocuSign).
Banking, Payments, and Infrastructure
e2Interactive, Inc. (InComm Payments)/NCR Atleos
To improve self-oriented cash offerings, InComm Payments teamed up with NCR Atleos. The deployment integrates the Atleos ReadyCode API with InComm’s Fintech platform.
Subsequently, FIs within InComm’s ecosystem can offer ATM cashless pickup services at 23,000 machines across the United States.
To improve workforce payment scenarios, HR and payroll-focused Papaya Global partnered with Citi. Papaya’s platform connects with Citi’s leading payment offerings, including WorldLink, CitiConnect for API, and Payer ID.
Thanks to the collaboration, businesses now have flexible workforce-focused transaction options.
Oracle Corporation
Database behemoth Oracle elevated trade finance to a new level with its cloud-based Supply Chain Finance and Oracle Trade Finance offerings. The twin solutions enable smooth processes for SMBs and enterprise clients.
Moreover, FIs can access supply chain and trade finance operations under one umbrella.
Four Points Federal Credit Union (FCU)/Mahalo Banking
Omaha, Nebraska-based Four Points FCU cooperated with Mahalo banking to digitize its ecosystem. The setup deploys Mahalo’s Thoughtful Banking offering through a partnership with Area Financial Services, a boutique credit union service organization (CUSO).
Consequently, the collaboration enhances everyday banking operations for members, including card services, transactions, and corporate account operations.
REtech, Insurtech, and Investing
TidalWave Tech Inc./Truv, Inc.
To enhance mortgage application processes, niche Fintech Truv teamed up with RETech specialist TidalWave. TidalWave’s mortgage ecosystem now has integrations with Truv’s verification platform.
Additionally, the collaboration streamlines mortgage applications through optimized, vertically integrated processes.
Renters and their landlords now have improved options thanks to a partnership between AppFolio and Obligo. The cooperation enables Deposit-in-Installments and Reduced Deposit™ (by Obligo).
Deposit-in-Installments and Reduced Deposit™ offers renters several security deposit options, including no deposit, partial payments, installment payments, and upfront disbursements.
Ocrolus, Inc./Federal National Mortgage Association (Fannie Mae)
In a July 2 press release, AI-focused Fintech Ocrolus unveiled enhancements to its Ocrolus Inspect document automation product. Users can now detect and alter discrepancies in their Fannie Mae Encompass Form 1003 documents.
The improved feature improves accuracy for the entire mortgage application process.
