Trent Sorbe from FIBT Shares Insights on Regulatory Shortcomings of Banking as a Service (BaaS)

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  Trent Sorbe, Chief Payments Officer at First International Bank & Trust (FIBT), has shared key insights with CI. Kotapay, a division of First International Bank & Trust (FIBT), has launched Kavinu, a direct-to-bank BaaS platform that eliminates the “instability of middleware-reliant models.” By re-centering… Read More

 

 




Investor Relations Platform Sightglass Raises $3M

This week, Sightglass, an AI-powered investor relations platform for private markets, announced it has raised aĀ $3 millionĀ seed funding round led by Base10 Partners. Sightglass was founded byĀ Thomas Buley, who was most recently the VP of product at Guideline. The company will use the funding to… Read More

Revolut Focused on Mobilization Period for its UK Bank and Building Out its Board

Revolut UK is focused on building out its Board with two senior appointments. The update from the digital bank comes as Revolut is working through the mobilization period for its UK Bank. According to the announcement from Revolut, Fiona Fry and Sir Peter Estlin join… Read More

Consumer Financial Protection Act Co-Author Applauds California EWA Rule

A co-author of the Consumer Financial Protection Act of 2010 believes Californiaā€™s new earned-wage access (EWA) rule is a positive step that other states can look to when building their own rules. Tom Scanlon is now the general counsel and chief compliance officer at Rain,… Read More

Ethereum (ETH) Reaches $4K But Clear Evidence of Sustained Growth Needed: Crypto Analyst

As Ethereum (ETH), the largest smart contract platform and second-largest crypto-asset by market cap, surpasses the $4000 mark, insights from Nansen, a chain analytics firm, shed light on what this development signifies and what is to be expected going forward. Nicolai Sondergaard, Research Analyst at… Read More

Citi Wealth and Hildebrandt Consulting Examine How Law Firms are Responding to Market Challenges

2025 Citi Hildebrandt Client Advisory reports significant law firm industry revenue growth was driven by increasing demand. Demand was pivotal to growth in 2024, ignited by a diverse range of law firm practices including “litigation, regulatory, bankruptcy.” Optimism will continue as a key theme in… Read More

Web3 Security Incidents Resulted in Over $86 Million in Losses in Past Month – Report

Last month, the total losses from Web3 security incidents have reportedly amounted to appr. $86.24 million. According to the SlowMist Hacked Database, 21 hacking incidents were recorded, resulting in losses of appr. $76.86 million, of which “$25.5 million was recovered.” As mentioned in the update… Read More

Insurers Reap Benefits From Digital Investments: Study

Insurers have learned that investments in app development pay off in happy customers, the J.D. Power 2024 U.S. Claims Digital Experience Study reveals. Auto and home insurers have spent the past year adding dozens of new features and refinements to their mobile apps, such as… Read More

BNP Paribas Wealth Management Shares Key Investment Trends Expected in 2025

BNP Paribas Wealth Management noted that in 2025, investors should keep front of mind a few select trends, especially in a challenging context. First, BNP Paribas noted that lower interest rates will support “leveraged asset classes,” such as real estate, infrastructure and private equity. Furthermore,… Read More

Financially Unhealthy SMB Owners Borrow Off Credit Cards: Study

While 83% of U.S. small businesses expect more good than bad things to happen for their companies, 51% are categorized as financially unhealthy.Ā Among those who are financially unhealthy, 61% are carrying revolving debt on their business credit cards, and Ā 63% are borrowing with those cards… Read More

Finance Automation Firm Tipalti Accelerates Business Growth with Canadian Expansion

Finance automation firm Tipalti announced the launch of its localized solution for the Canadian market and registration as a money services business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), marking a key milestone in its international expansion. Since establishing a… Read More




Equifax, Mastercard Beef Up Latin American Fraud-Protection Services

Equifax (NYSE:Ā EFX) and Mastercard (NYSE:Ā MA) have joined forces to empower Latin American financial institutions, payment service providers, acquiring banks, and merchants to overcome paymentĀ fraudĀ challenges without disruption to the customer experience. EnhancedĀ fraudĀ management tools, including Mastercard Identity, Ethoca Alerts andĀ Ethoca Consumer Clarity, are now available to Mastercard… Read More

Lamudi Acquires Indonesian Fintech Ideal to Enhance Mortgage Services

Indonesia-based real estate marketplace Lamudi, a subsidiary of Australiaā€™s Digital Classifieds Group, announced the acquisition of Ideal, a Fintech aggregator specializing in mortgage products in Indonesia. This strategic move aims to integrate mortgage facilitation into Lamudiā€™s platform, offering a more comprehensive solution for property buyers… Read More

Blockchain Analytics Firm Nansen and Gravity to Provide Data-Driven Dashboards for Web3 Ecosystem Growth

Nansen announced their new partnership with Gravity, which is described as a high-performance Layer 1 blockchain built by Galxe. According to the update from Nansen, this partnership aims to equip Web3 projects and investors with the insights they need to “navigate the ecosystem, engage their… Read More

Credit Unions, Small Banks, Well-Positioned to Capture SMB Business: Report

An i2c and PYMNTS report suggests local banks and credit unions have a strong opportunity to attract small and medium-sized businesses. The report reveals the potential for local banks and credit unions to grow their SMB customer base by addressing their growing demand for digital… Read More

Czech Republic Enacts Financial Reforms to Become Top Crypto Hub

The Czech Republic has approved extensive financial market reforms aimed at fostering growth in the crypto and blockchain sectors, in a strategic move to position itself as a premier cryptocurrency hub. According to reports, the newly passed legislation addresses key barriers faced by cryptocurrency companies… Read More

Bitcoin Party Could Soon End: YouHodler Trio

That's All Folks The End Final

As investors revel in Bitcoinā€™s value surge, a trio of YouHodler executives warn the party could soon come to an end. Co-founder and CEO Ilya Volkov expects a correction in 2025, with prices stabilizing between $60,000 and $65,000. Within that decline, there could be a… Read More

Singapore to Launch New E-Payment Solutions, Extends Deadline for Corporate Cheques

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced the introduction of two new electronic payment solutions set to launch in mid-2025. These initiatives aim to facilitate the transition from traditional cheques to digital payments for both corporate and… Read More

Experian Enhances Identity and Activation Capabilities with Acquisition of Audigent

Experian ā€” the data and technology company ā€” announced it has acquired Audigent, a data activation and identity platform in the advertising industry. The acquisition reportedly expands Experianā€™s integrated marketing data and identity capabilities in the advertising ecosystem. With the addition of Audigentā€™s combined first-party… Read More

Keyblock Solutions and SlowMist to Enhance Digital Asset Compliance

Keyblock Solutions has announced a partnership with SlowMistā€™s AML product, MistTrack. By integrating MistTrackā€™s Know Your Transaction (KYT) solution, Keyblock aims to enhance its clientsā€™ digital asset fund compliance governance, providing them with more “efficient and reliable compliance support.” This collaboration marks a step forward… Read More

Insurtech CyberCube Teams Up with Insurance Broker HUB International

CyberCubeĀ announced a partnership with HUB International (HUB), aĀ  full-service global insurance broker and financial services firm. With the expanded partnership, HUB will now reportedly have the option to leverage CyberCubeā€™s software and services in order to “deliver cyber risk analytics” to its clients across the… Read More

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