DBS, OCBC and UOB have completed live domestic Singapore dollar transactions using tokenised deposits on Swift's blockchain-based ledger.
8:01 PMFinextra5 stories from 3 sources
Fintech’s next growth bets move into infrastructure and enterprise finance
Day’s Recap
Supporting Articles
PayPal CEO Enrique Lores is developing a standalone strategy after a proposed sale valued at more than $50 billion collapsed this summer. Investors remain unconvinced that he can revive the payments company without a buyer.
8:52 PMPYMNTS
Ripple is targeting the corporate treasury market, which it values at $13 trillion, as a major growth opportunity for its stablecoin business. The strategy includes Ripple Treasury, the business built around its $1 billion acquisition of treasury management software provider GTreasury.
6:35 PMPYMNTS8:01 PMFinextra
Singapore banks complete blockchain-enabled SGD transactions on Swift ledger
Summary
DBS, OCBC and UOB have completed live domestic Singapore dollar transactions using tokenised deposits on Swift's blockchain-based ledger.
The shift from testing to live settlement gives tokenised bank deposits a practical use case
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Live transactions move tokenised deposits closer to mainstream banking infrastructure and commercial adoption.
8:52 PMPYMNTS
PayPal’s New CEO Bets on Going It Alone After $50 Billion Buyout Stalls
Summary
PayPal CEO Enrique Lores is developing a standalone strategy after a proposed sale valued at more than $50 billion collapsed this summer. Investors remain unconvinced that he can revive the payments company without a buyer.
The failed sale leaves Lores responsible for proving that PayPal can recover independently. That raises
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
PayPal must now deliver a credible turnaround without the capital, restructuring, or management change a buyout could have brought.
6:35 PMPYMNTS
Ripple Looks to $13 Trillion Corporate Treasury Space for Stablecoin Growth
Summary
Ripple is targeting the corporate treasury market, which it values at $13 trillion, as a major growth opportunity for its stablecoin business. The strategy includes Ripple Treasury, the business built around its $1 billion acquisition of treasury management software provider GTreasury.
Ripple is positioning stablecoins as enterprise treasury infrastructure, not just crypto trading assets. That would
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Corporate treasury could give stablecoins a far larger and more durable use case than retail payments or crypto speculation.
Other Developments
A curated list of other prominent stories from this day.
Revolut says an unauthorized third party used a legitimate government email domain in a scam that exposed sensitive information belonging to a limited number of customers. The company said it blocked the address involved.
5:54 PMPYMNTS
AI-powered algorithmic trading is becoming more accessible to Indian retail investors through Sebi’s regulatory framework, trading APIs, and no-code platforms. Shruti Jain of Arihant Capital says automation can improve execution, reduce emotional bias, and make systematic trading more common.
4:23 AMEconomic Times5:54 PMPYMNTS
Revolut Says Customer Data Leaked in Email Scam
Summary
Revolut says an unauthorized third party used a legitimate government email domain in a scam that exposed sensitive information belonging to a limited number of customers. The company said it blocked the address involved.
The breach shows that trusted government domains can help attackers bypass basic email defenses and
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A small data leak can still create broader fraud risk when attackers exploit trusted government identities.
4:23 AMEconomic Times
ETMarkets Smart Talk| From floor trading to AI algos: Why India’s retail traders are entering the automation era, says Shruti Jain
Summary
AI-powered algorithmic trading is becoming more accessible to Indian retail investors through Sebi’s regulatory framework, trading APIs, and no-code platforms. Shruti Jain of Arihant Capital says automation can improve execution, reduce emotional bias, and make systematic trading more common.
The key shift is that algorithmic tools are moving from institutional desks into retail workflows.
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Retail trading could become more systematic, but easier automation may also scale losses alongside potential gains.
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