June 8, 2026 @ 2:15 pm By Michael Wong  |  

Toronto-based Scotiabank has agreed to acquire Maple Financial Holdings, the parent company of US commercial lender MapleMark Bank, for an undisclosed amount. The acquisition comes as Scotiabank aims to strengthen its global banking and markets business and expand its deposit capabilities in the US, according… Read More

June 8, 2026 @ 1:53 pm By Omar Faridi  |  

Ethereum (ETH) price has crashed to below $1,600 (at the time of writing) and crypto industry professionals are now offering some perspective on where they think the digital assets market will go from here, and how it may perform in the foreseeable future. Bankless co-founder… Read More

June 8, 2026 @ 12:08 pm By Ariel Reid  |  

There is a reason your bank texts you a fraud alert instead of emailing it. People open text messages. Almost all of them, almost immediately. SMS open rates run as high as 98%, and roughly 90% of messages are read within three minutes of delivery…. Read More

June 8, 2026 @ 11:18 am By Omar Faridi  |  

Elon Musk’s SpaceX is now widely expected to make history with what could become the largest initial public offering ever, and it is taking an unconventional approach by reserving a substantial portion of shares for everyday investors. Reports now indicate the tech-focused company plans to… Read More

June 8, 2026 @ 9:33 am By Michael Wong  |  

The next battleground in global payments may be the small, frequent transfers that move across borders every day: from gig-worker payouts to marketplace vendor payments and remittances. Bank of America plans to launch a cross-border real-time payments solution next quarter, allowing corporate, commercial and financial… Read More

June 8, 2026 @ 8:39 am By Nick Morgan  |  

Mel Lavitt, one of the architects of the modern IPO marketing process and a veteran of some of the most consequential public offerings in history, recently joined ICAN’s Capital Ideas podcast to discuss how the IPO market evolved from a relationship-driven ecosystem of small firms… Read More

June 8, 2026 @ 7:45 am By Omar Faridi  |  

The UK Government Digital Service (GDS) has selected Adyen (AMS: ADYEN) as its new payment services provider (PSP) for non-Crown card transactions and pay-by-bank options. This partnership positions Adyen to support around 1,000 public sector services, spanning local authorities, the armed forces, and police forces,… Read More

June 8, 2026 @ 5:58 am By Omar Faridi  |  

NatWest Group has introduced a significant commitment to its physical banking presence, announcing a £50 million investment in its UK branch network alongside a firm pledge to avoid any additional branch closure announcements until at least 2029. This move signals a shift toward balancing technological… Read More

June 8, 2026 @ 3:49 am By Omar Faridi  |  

Fintech Airwallex has announced its acquisition of Leapfin, a provider of financial data automation solutions focused on revenue recognition and reconciliation processes.  This move enhances Fintech platform Airwallex’s existing offerings, enabling companies to efficiently convert raw operational transaction information into fully compliant financial statements aligned… Read More

June 8, 2026 @ 2:10 am By Tony Zerucha  |  

A new marketing report commissioned by Fintel Connect finds that system limitations hinder financial institutions’ abilities to measure the effectiveness of their marketing spending. The Marketing ROI Gap in Banking: How Financial Institutions Spend, Measure, and (Struggle to) Prove Marketing’s Value was completed by Cornerstone… Read More

June 8, 2026 @ 1:50 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) said it had convened a Tokenised Bond Expert Group comprising representatives from industry associations, financial institutions, legal advisory firms, and financial infrastructure and technology providers to drive further adoption and scalability of tokenised bonds in the city. The group… Read More

June 8, 2026 @ 1:13 am By Omar Faridi  |  

Artificial intelligence (AI) is now said to be fundamentally reshaping digital economies across global jurisdictions. South Korea and Taiwan have emerged as hubs driving tech advancements and market gains in the semiconductor and broader AI ecosystem. According to the latest Citi Research, AI-fueled demand has… Read More

June 8, 2026 @ 1:03 am By Omar Faridi  |  

Cardano (ADA) has entered an extremely turbulent and challenging phase as its founder, Charles Hoskinson, steps back from public engagements amid mounting pressures on the blockchain and smart contract network. In a recent update shared across social platforms, Hoskinson announced a temporary hiatus from online… Read More

June 8, 2026 @ 12:53 am By Omar Faridi  |  

A recent survey by European digital bank bunq highlights a growing fascination with cryptocurrencies in the US, tempered by persistent barriers around knowledge, risk, and confidence in existing online investing platforms. Despite economic pressures encouraging alternative investments, only about one-third of Americans have dipped their… Read More

June 8, 2026 @ 12:27 am By Omar Faridi  |  

Venture capital funds have reportedly experienced a significant recovery during the first quarter of 2026, with key performance metrics improving across most recent vintages. According to Carta’s latest analysis, median net Total Value to Paid-In (TVPI) capital rose for nearly all tracked fund years, signaling… Read More

June 8, 2026 @ 12:11 am By Omar Faridi  |  

CoinGecko has indicated in a key update that the cryptocurrency market has undergone significant transformations over the past 12 years. A recent CoinGecko analysis of annual snapshots (taken each June 1 from 2014 to 2026) reveals shifting power dynamics, the rise of new asset classes,… Read More

June 8, 2026 @ 12:06 am By Omar Faridi  |  

Plume—an onchain platform that is focused on in vault management for institutional assets—and ether.fi, a Ethereum-based liquid restaking protocol and non-custodial neobank, have joined forces. Their collaboration introduces a new yield-bearing vault focused on real-world assets (RWAs), designed to deliver institutional-level returns to a broader… Read More

June 7, 2026 @ 11:15 pm By Omar Faridi  |  

The Bitcoin and crypto markets have witnessed another brutal wave of forced selling, with more than 250,000 leveraged positions wiped out across major exchanges within a single 24-hour period. Data aggregator CoinGlass reports that between 246,000 and 265,000 traders faced liquidations, resulting in total losses… Read More

June 7, 2026 @ 11:02 pm By Omar Faridi  |  

Global finance and digital assets firms are now joining forces in a landmark collaboration aimed at introducing a new stablecoin solution. Stripe, Visa (NYSE: V), and Mastercard (NYSE:MA) are said to be backing efforts to create a dedicated platform, with Coinbase (NASDAQ:COIN) actively considering joining… Read More