Omar Faridi

Royal Bank of Canada (RBC) and BMO Consider $2 Billion Sale of Moneris Payments Business

The Royal Bank of Canada (RBC) and Bank of Montreal (BMO), two of Canada’s financial institutions, are reportedly exploring the sale of their joint payments processing venture, Moneris Solutions Corporation, in a deal that could be valued at up to $2 billion. The potential divestiture,… Read More

Global Venture Capital Deals with Disclosed Funding Rounds Declined Slightly YoY : Research

The total number of venture capital deals with disclosed funding rounds announced globally fell by around “3% during the first half (H1) of 2025 compared to the same period in the previous year.” An analysis of the various funding rounds in H1 2025 “presents a… Read More

UK’s Digital Bank Monzo Ventures into Mobile Services

In a move to diversify its existing product offerings, UK’s digital bank Monzo is preparing to enter the telecommunications sector by launching its own mobile phone service. This expansion, reported by the Financial Times, positions Monzo alongside other fintechs like Revolut and Klarna, who are… Read More

Global Fintech Klarna to Offload $26B in US BNPL Loans to Nelnet

BNPL Fintech Klarna has entered into an agreement to transfer up to $26 billion of its US-based BNPL loans to Nelnet, a prominent name in the student loan servicing industry. This deal marks a shift for Klarna as it seeks to optimize its financial operations… Read More

Figure Technologies CEO Says Blockchain Tech May Significantly Enhance Mortgage Markets

In a call to modernize the mortgage industry, Michael Tannenbaum, CEO of Figure Technologies, argues that blockchain technology, not outdated federal interventions, holds the key to transforming mortgage markets for the better. In a recent statement on Figure’s official site, Tannenbaum outlined a vision for… Read More

PayLaterr and Experian Aim to Enhance Fraud Detection and Leverage Alternative Data for Budgeting Decisions

PayLaterr, the platform enabling flexible bill payment for essential services,  announced a partnership with Experian, a global firm focused on consumer and business credit reporting. This collaboration enhances PayLaterr’s fraud prevention capabilities and expands its use of alternative data to “help consumers make more informed… Read More

Fintech Payoneer and Stripe to Enable Improved Online Checkout Experience for SMBs

Payoneer (NASDAQ: PAYO), the global financial technology company enabling business growth, announced a partnership with programmable financial services company Stripe. The collaboration marks an expansion of Payoneer’s Online Checkout offering for “cross-border merchants looking to sell direct-to-consumer.” Launching in key markets “within the Asia Pacific… Read More

Pantera Capital Outlines Investment Thesis Centered on Digital Assets Treasury Companies (DATs)

Pantera Capital has outlined an investment thesis centered on Digital Asset Treasury companies (DATs). These entities are reshaping how investors approach the crypto market, offering an opportunity to amplify returns compared to traditional strategies like holding tokens directly or investing through exchange-traded funds (ETFs). At… Read More

DeFi Lending : Aave Protocol Devs to Introduce Hub and Spoke Architecture as Part of 2030 Roadmap

The decentralized finance landscape is evolving and Aave, a key part of the DeFi ecosystem, is focused on its upcoming Aave V4 upgrade. Unveiled as a key milestone in Aave’s 2030 roadmap, Aave V4 introduces a  Hub and Spoke architecture, potentially reshaping how DeFi lending… Read More

Digital Assets : VeChain Foundation Selects Crypto.com for Institutional Custody and Liquidity

Crypto.com announced a partnership with the VeChain Foundation to provide secure custody support for VeChain (VET) and VeThor (VTHO), the native tokens of the VeChainThor blockchain. This collaboration expands institutional access to the VeChainThor network, a public blockchain “enabling information flow, efficient collaboration, and value… Read More

Canadian Investment Regulatory Organization (CIRO) Responds to Cybersecurity Threat with System Shutdown

The Canadian Investment Regulatory Organization (CIRO), the national body overseeing investment dealers and trading activities, took decisive action last week by temporarily shutting down several of its systems in response to a detected cybersecurity threat. This measure underscores the importance of digital defenses in the… Read More

Digital Currency Group Sues Subsidiary Genesis Global Capital Over $1.1 Billion Promissory Note

The Digital Currency Group (DCG) has initiated legal action against its subsidiary, Genesis Global Capital LLC, in a dispute centered on a $1.1 billion promissory note issued during the crypto market turmoil of 2022. The lawsuit, filed on Thursday in the U.S. Bankruptcy Court for… Read More

UK’s Digital Assets Firm Archax Teams Up with Stellar Development Foundation

Archax, the UK regulated digital asset exchange, broker and custodian, announced a partnership with the Stellar Development Foundation (SDF), that supports the layer-one blockchain network Stellar. Under the terms of this partnership, SDF has made a direct investment into Archax Group to “support Archax’s mission… Read More

BIS Shares New Approach for Leveraging Blockchain’s Immutability and Transparency for AML Compliance

The rise of crypto-assets, particularly those on permissionless public blockchains, has posed significant challenges for anti-money laundering (AML) compliance. Traditional AML frameworks, which rely heavily on trusted intermediaries like banks to monitor and report suspicious activities, struggle to adapt to the decentralized nature of blockchain… Read More

Fintech Platform Mambu and Knowit Selected By Coop Norge to Enhance Core Banking Solution

Coop Norge SA has selected Knowit and Mambu to implement a new core banking system to manage member deposits. The new solution, powered by Mambu’s cloud-native core banking platform and “integrated into Coop’s infrastructure by Knowit, will modernise and streamline the management of millions of… Read More

AI Adoption Trends, Venture Capital Ecosystem, Insurance Industry Developments, Tariffs Shaping Digital Economy : Research

The evolving global business landscape is being reshaped by technological advancements, shifting investment priorities, and new economic policies. Recent reports from Bain & Company provide insights into how organizations and investors are adapting to these changes. From the surge in AI-driven search behaviors to the… Read More

Q2 2025 Private Capital Return Update: PE, VC, Private Debt, Infrastructure Are in Neutral Returns Environment

The PitchBook Q2 2025 Private Capital Return Barometers report provides a data-driven perspective on U.S. private market performance, offering investors critical insights into quarterly return estimates across private equity, venture capital, private debt, infrastructure, and natural resources. By leveraging macroeconomic signals and a factor-based methodology,… Read More

Investors Push to Oust Digital Bank N26 Co-CEOs Amid Regulatory Scrutiny

In a key development for Germany’s digital bank N26, investors are reportedly seeking to remove the company’s founders from their roles as co-chief executives, following renewed criticism from the country’s financial regulator, BaFin. The move comes as the fintech faces mounting pressure to address shortcomings… Read More

US Leads High-Value VC Investments in H1 2025 Globally : Research

In a display of financial prowess, the US has again reportedly emerged as the leader in high-value venture capital investments during the first half of 2025. The US accounted for “163 high-value VC deals, amassing a total investment value of more than $80 billion.” This… Read More

TRM Labs and Regtech Sumsub to Provide Unified View of Identity and On-Chain Risk to Combat Fraud and Financial Crime

TRM Labs, a provider of blockchain intelligence solutions, announced a strategic integration with Sumsub. This integration enables Sumsub users to “leverage TRM’s risk intelligence to screen wallet addresses, score transactions, and review risk signals in real time – all in one dashboard in Sumsub’s Crypto… Read More

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