Omar Faridi

DeFi Lending Platform Spark Allocates $100M to Superstate’s Crypto Carry Fund

Spark, a DeFi lending platform & onchain asset allocator, reportedly allotted $100 million of its stablecoin reserves into Superstate’s USCC fund, a regulated crypto basis trading product that generates yield from price differentials between spot and futures markets. This update is said to mark one… Read More

KPMG UK Comments on Latest Inflation Data and Anticipated Interest Rate Cuts

KPMG UK has recently shared some insights on the latest inflation data According to Yael Selfin, the Chief Economist at KPMG UK, the unchanged inflation rate ensures interest rate cut remains on the table for the current year. Selfin added that the recent data is… Read More

Southeast Asia’s Superapp Provider Grab Holdings Invests in Autonomous Vehicle Tech Firm

May Mobility, Inc., an autonomous vehicle tech firm, and Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s superapp, announced their partnership with intentions to introduce autonomous vehicle services in Southeast Asia. This latest partnership reportedly includes an investment by Grab into May Mobility, backing the AV… Read More

US Financial Institutions to Invest More in AI, Cybersecurity, Fraud Prevention Capabilities in 2026, Report Claims

BNY Mellon (NYSE: BK) said that they polled community banks across the US on everything from their investment priorities for the next year (such as AI and RTP) to what they need to best serve various client segments. During the last year, BNY launched its… Read More

London Stock Exchange Group (LSEG) Announces Investment in Post Trade Solutions

LSEG announced that 11 global banks (together, the Investing Banks) have agreed to invest in its Post Trade Solutions business, acquiring a 20% stake. The Investing Banks will each now become shareholders in Post Trade Solutions, acquiring the stake for “aggregate cash consideration of £170… Read More

Insurtech Cowbell to Focus on Mid-Market and Claims Processing with Key Appointments

Cowbell, a provider of adaptive cyber and specialty insurance solutions for small and mid-market risks, announced it has strengthened its market position and operational capabilities by appointing Jessica Klipphahn as Head of North America Mid-Market and Stephanie Hewerdine as Director of Claims. Jessica Klipphahn brings… Read More

Transak Taps Cross River Bank to Enable Fiat-to- Crypto Transactions

Transak, the global payments infrastructure provider for crypto and stablecoins, today announced a strategic agreement with Cross River Bank, a tech infrastructure provider that provides embedded financial solutions, to leverage Cross River’s fiat payment capabilities, “scaling Transak’s fiat-to-crypto and crypto-to-fiat on/off ramp services.” Via this… Read More

Payments Canada Updates By-Laws to Support Expanded Membership

Payments Canada announced recently that it implemented amendments to By-laws No. 1 and 3. These amendments now aim to reflect key changes to the Canadian Payments Act (CP Act) as well as the introduction of the Retail Payment Activities Act (RPAA). The stated objective of… Read More

UK Corporates Leverage Embedded Financial Services as Growth Driver : ClearBank

Research from ClearBank reveals that large UK businesses now view embedded financial services as a strategic boardroom decision and business growth driver. The research report released by ClearBank examines the attitudes of 200 senior business professionals at established UK-based corporates towards embedded finance as well… Read More

Fireblocks Announces Acquisition of Dynamic, Expanding Services to Consumer Wallet Infrastructure

Blockchain infrastructure provider Fireblocks has announced the acquisition of US-headquareted Dynamic, a digital wallet development platform that is reportedly backed by Andreessen Horowitz (a16z) as well as Founders Fund. The acquisition is said to valued at around $90 million. The update marks Fireblocks’ initial move… Read More

British Business Bank Co-Invests £250M Directly in UK based Scale-Ups

The British Business Bank announced that it co-invested more than £250 million into the UK’s scale-up firms. This latest capital injection has been channeled into 33 UK tech and life science firms, more than half of which are described as being university spinouts. These firms… Read More

Sygnum Bank and Debifi Leverage Bitcoin Multi-Sig Tech and Bank Lending Services

Sygnum Bank, a digital asset banking group, announces a partnership with Debifi, a Bitcoin-backed non-custodial lending platform, to develop MultiSYG, a Bitcoin-native multi-signature lending service. The product, set to launch in next year, is said to be the multi-signature Bitcoin lending solution offered by a regulated bank…. Read More

UK Fintech GoCardless Selected by Clay to Streamline Loan Disbursements and Repayments

Clay, an AI-powered credit and debit-as-a-service company, selected bank payment Fintech GoCardless in order to simplify its payments.  Clay now uses GoCardless to unify its payment process onto a scalable platform, leveraging GoCardless’ Direct Debit capability to collect repayments and Outbound Payments, the fintech’s disbursement… Read More

PayPal Survey Reveals Key Consumer Behavior Trends Shaped by AI and Widespread Use of BNPL Services

PayPal (NASDAQ: PYPL) released a new survey, highlighting how U.S. consumers are approaching this holiday season and what merchants should know to capture greater sales and build loyalty. Michelle Gill, GM of Small Business and Financial Services at PayPal said that merchants that enable frictionless… Read More

£600M Stolen by Fraudsters in H1 2025 : UK Finance

More than £600 million has reportedly been stolen by fraudsters in first half of 2025. UK Finance releases its half year fraud report, detailing the amount its members reported as stolen through payment fraud and scams in the first half of 2025. Criminals stole £629.3… Read More

South Korean Fintech Travel Wallet Teams Up with Crypto.com

Crypto.com announced it has recently signed a Memorandum of Understanding (MoU) with Travel Wallet, a South Korean fintech company specializing in digital payments and currency exchange for global travelers. As part of the partnership, Travel Wallet, which enables users to hold, exchange, and spend more… Read More

Younger Australian Investors Turn to Cash Due to Market Volatility and Economic Uncertainty : CommBank

Younger investors residing in Australia are said to now be increasingly allocating a greater portion of their existing investments to high-yield cash accounts amid rising market volatility. Between 2023 and 2025, investor allocations to term deposits and high-yield savings rose from 9 per cent to… Read More

Accenture and AWS Enable AI-Powered Digital Transformation and Cloud Modernization for Public Service Organizations

Accenture (NYSE: ACN) has recently announced an expansion of its collaboration with Amazon Web Services (AWS) to deliver transformative digital services to public sector, defense and national security organizations. Via the Accenture AWS Business Group, the firms will now collaborate to create solutions that use… Read More

Business Decisions and Company Spending Being Influenced by AI Adoption : Research

Every business-related decision is ultimately a spend decision, according to an update from Zip. If we look more closely at spend, then we can get a snapshot of what matters most: the priorities, risks, as well as strategies that could shape the future. Zip’s ‘State… Read More

Insurers Anticipate Greater Uncertainty with Inflation Expected to Remain Macroeconomic Risk : Analysis

Insurers are bracing for a year of more uncertainty, with inflation again cited as one of the main macroeconomic risks, according to BlackRock’s (NYSE:BLK) Global Insurance Report. The report has surveyed 463 senior investment professionals across 33 markets—representing around $23 trillion in assets under management—shows… Read More

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