October 6, 2025 @ 3:01 am By Omar Faridi  |  

Total spending on third-party AML systems is projected increase by significant 121% by 2030, according to an update from the team at Juniper Research. This latest estimated figure would be up considerably from $33.9 billion this year. As stated in the report, gaps in transaction… Read More

October 6, 2025 @ 2:52 am By Omar Faridi  |  

According to available data, Regtech firm SlowMist noted that the MistTrack Team received a total of 317 stolen fund reports during the third quarter of this year, which reportedly includes 245 local submissions as well as 72 different international submissions. The team has now provided… Read More

October 6, 2025 @ 1:47 am By Omar Faridi  |  

The Banque de France, the ACPR and the AMF have reportedly launched a first system-wide stress test on interconnections within the financial system. The Banque de France, the Autorité de Contrôle Prudentiel et de Résolution (French Prudential Supervisory and Resolution Authority) and the Autorité des… Read More

October 6, 2025 @ 12:53 am By Omar Faridi  |  

Senior executives across the banking and finance sector are reporting a renewed sense of “optimism” or generally positive sentiment in the economic environment for the upcoming year, even though there is a growing belief that increased market uncertainty will be a long-term factor or theme,… Read More

October 6, 2025 @ 12:46 am By Omar Faridi  |  

More than half of UK adults now use mobile wallets, according to a report from UK Finance. Recent figures from the Fintech and financial services industry trade body reveal how consumer behavior and payment habits in the UK continue to evolve and how they are… Read More

October 5, 2025 @ 8:52 pm By Omar Faridi  |  

Digital assets exchange Coinbase  (NASDAQ:COIN) announced it’s bringing more seamless, global peer-to-peer payments to its customers. Coinbase users will now be able to send stablecoin USDC instantly, anywhere in the world, without incurring any fees. According to the update from the crypto exchange, all users… Read More

October 5, 2025 @ 8:50 pm By Omar Faridi  |  

Steady dealmaking alongside increased exit activity positions private equity to end the current financial year on a relatively high note, according to recent update from PitchBook. PitchBook researchers noted in their latest report that following the increased uncertainty in Q2, headwinds are now starting to… Read More

October 5, 2025 @ 4:04 pm By Omar Faridi  |  

Wealthfront, a Fintech that claims to be “different” catering to digital natives, has filed an S-1 registration statement with the Securities and Exchnage Commission. The company plans to trade on the Nasdaq under the ticker symbol “WLTH.” Wealthfront joins a growing group of Fintechs that… Read More

October 5, 2025 @ 3:45 pm By Omar Faridi  |  

In an increasingly uncertain socioeconomic environment including growing tensions in the Middle East due to the Israeli conflict as well as the recent US government shutdown, global financial markets including Bitcoin have rallied to yet another all-time high of $125K right after the global stablecoins… Read More

October 5, 2025 @ 11:48 am By Omar Faridi  |  

The Malta Financial Services Authority issued Dear CEO Letter directing Boards and senior management to embed business resilience as a strategic priority. The findings of a recent Thematic Exercise carried out by the MFSA on Business Resilience revealed a number of gaps that would need attention. The… Read More

October 5, 2025 @ 1:48 am By Omar Faridi  |  

Jack Henry & Associates Inc. (Nasdaq: JKHY) announced the acquisition of Victor Technologies, Inc., which is described as a cloud-native, API-first provider of innovative direct-to-core embedded payments solutions, from MVB Financial Corp. (Nasdaq: MVBF). The acquisition expands Jack Henry’s capabilities in the Payments-as-a-Service (PaaS) market,… Read More

October 5, 2025 @ 1:07 am By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, is now increasingly focused on the nascent digital assets industry. The  rise of DeFi and its convergence with TradFi is now pushing platforms and service providers to develop… Read More

October 5, 2025 @ 12:06 am By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the world’s derivatives and securities exchange network, announced the appointment of two industry veterans to spearhead its Derivatives and Data businesses. Rob Hocking rejoins as Executive Vice President, Global Head of Derivatives, and Brian McElligott joins as Senior Vice… Read More

October 4, 2025 @ 6:27 pm By Omar Faridi  |  

Nearly eight-in-ten organisations say their cyber budget will increase in the coming year, as businesses contend with an array of cyber risks Investment in AI was the main budget priority (36%) over the next 12 months, ahead of cloud security (34%), network security (28%) as… Read More

October 4, 2025 @ 5:48 pm By Omar Faridi  |  

Addepar, the tech and data platform serving investment professionals, announced the opening of its office in Geneva, marking its fourth dedicated presence across Europe and the Middle East markets and the latest step in the wealthtech company’s mission to connect the investment sector. This expansion… Read More

October 4, 2025 @ 4:48 pm By Omar Faridi  |  

Scotland has recently announced the launch of the Scottish Ecosystem Platform, the all-in-one, open-access platform offering granular data on its startup, scale-up, and private company ecosystem in an effort to secure international investment. This project, which is said to be a new collab between the… Read More

October 4, 2025 @ 2:22 pm By Omar Faridi  |  

Airwallex, a global financial platform for modern businesses, announced the launch of Nordic currencies for its issuing customers, which is described as a key milestone that enhances customer experience across European markets and marks the Fintech firm’s initial step into the Nordic region. From the… Read More

October 4, 2025 @ 2:13 pm By Omar Faridi  |  

MoneyGram, a global payments network for consumers, businesses and communities, and Plaid, the data network powering the fintech tools people rely on to lead a healthier financial life, announced the expansion of their pay-by-bank partnership to Europe. After its U.S. launch, the recently announced integration… Read More

October 4, 2025 @ 2:11 pm By Omar Faridi  |  

UK’s digital bank OakNorth provided a $45 million loan to Aya New York. Established back in 2009 by industry professional Amir Shriki, Aya New York is a Manhattan-based real estate investment company focused on acquiring and repositioning “distressed” and “mismanaged” assets in prime New York… Read More

October 4, 2025 @ 2:08 pm By Omar Faridi  |  

The US must seriously look into diversifying its national balance sheet and that should, ideally, include Bitcoin (BTC),  according to recent statements made by Representative Nick Begich, who is one of the US lawmakers interested in supporting a bill that may see the nation acquiring… Read More