Omar Faridi

Digital Banking Provider Alkami Unveils Key Updates to Enhance CX

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., unveiled key updates focused on enhancing its digital sales and services platform. The Alkami Digital Sales & Service Platform will allow financial institutions to onboard, engage, and “grow… Read More

INX to Be Acquired by Republic for Up to $60M

The INX Digital Company, Inc. announces that it has entered into an arrangement agreement with OpenDeal Inc., a company better known as Republic, in connection with a transaction that values the company’s equity at up to $60 million (assuming the Rollover Share Limit is achieved)…. Read More

Fintech Startups Are Failing Due to Regulatory Compliance Issues – Research Study

Nearly three-quarters of financial technology startups fail within their first three years due to preventable regulatory compliance issues, according to a new industry report. The research study, released by Los Angeles-based Hare Strategy Group, analyzed five years of data from over 400 fintech ventures and… Read More

US Retail Investors Are Increasing Cash Assets, Purchasing Stocks and Digital Assets – eToro Research Study

As the highly-anticipated US presidential election draws nearer, 49% of American retail investors are planning to or have already “adjusted” their investment portfolios based on what they think will happen. This, according to an extensive update shared by investing and trading platform eToro. According to… Read More

BNPL Fintech Affirm and REVOLVE to Streamline Fashion Checkout with Flexible Payments

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and drives growth for merchants, announced that it has signed a partnership with Revolve Group, Inc. (NYSE: RVLV), the fashion retailer for Millennial and Generation Z consumers. Shoppers in the U.S. will soon be able to… Read More

Fintech Chime Delays IPO Amid Market Turmoil Triggered by Trump Tariffs

Chime, the San Francisco-based consumer fintech and one of the largest digital-only financial services providers in the U.S., has reportedly postponed its initial public offering (IPO), originally slated for 2025. The decision, highlighted in a CNBC report, comes as Silicon Valley grapples with plunging valuations… Read More

Fintech FIS to Help Power Real-Time Rewards for Payments and Commerce Network Bilt

FIS (NYSE: FIS), a global enabler of financial technology, announced that its Premium Payback solution has been chosen to power the real-time rewards redemption process for Bilt. Launched in 2021, Bilt is the enabler of a payments and commerce network that transforms housing and neighborhood… Read More

Fintech Investment Firm Canapi Ventures Introduces Generative AI Council

The financial services sector is witnessing a key shift as artificial intelligence (AI) adoption accelerates, prompting innovative responses from industry professionals. Canapi Ventures, a fintech investment firm, has launched its inaugural Generative AI Council to bridge the gap between AI founders and the complex financial… Read More

Digital Assets Decisioning Firm Elliptic Expands Blockchain Coverage with MANTRA Integration

Elliptic, the global enabler of digital assets decisioning, is pleased to announce the integration with the layer 1 blockchain MANTRA into its suite of screening and investigation compliance solutions. The integration connects blockchains into a unified financial network that is monitored in real time, enabling… Read More

Digital Assets Firm OKX Releases EU Compliance Update

Digital assets firm OKX has noted that regulatory compliance is a top priority for them. As the crypto industry evolves, OKX claims that they “remain committed to meeting and exceeding regulatory standards.” They work closely and on an “ongoing basis with regulators to ensure their… Read More

UK Cross-Border Payments Fintech Wise Eyes FTSE 100 Listing

UK Fintech Wise (LON: WISE), which has become known for its focus on low-cost international money transfers, is exploring a step toward joining the FTSE 100, the UK’s stock index. The company announced it has been “extensively consulting with shareholders on the optimal listing arrangements,”… Read More

European Mobility Payments Platform XXImo Migrates Infrastructure to Amazon Web Services (AWS)

XXImo, the European mobility payments platform, has migrated its infrastructure to Amazon Web Services (AWS) with the support of cloud services provider CloudNation. With this step, XXImo sets a standard as one of the “first” companies worldwide to move 100% of their card processing “to… Read More

Stablecoin Issuer Circle Responds to FSB’s Global Regulatory Framework for Crypto-Asset Activities

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

Estateguru Reveals Estonian Buy-to-Let Investors have Become Active in Riga

Estateguru noted that Estonian buy-to-let investors have become increasingly active in recent months. Estateguru also mentioned that instead of targeting the local market, many are focusing on the Latvian capital, Riga. According to Daniil Aal, Chief Operating Officer at the digital financing platform Estateguru, this… Read More

Galaxy Digital UK Obtains FCA License, Expanding Derivatives Trading to London

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that the UK’s Financial Conduct Authority (FCA) has approved the application of its UK subsidiary, Galaxy Digital UK Ltd, a license to execute derivatives trading through its London office. This approval marks an expansion of Galaxy’s global trading… Read More

European Open Banking Fintech TrueLayer Partners with Papa Johns

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

BNY Expands Digital Assets Platform with Launch of On-Chain Offering

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced the expansion of its Digital Asset Platform with the launch of its Digital Asset Data Insights product, designed to securely and efficiently “deliver both on- and off-chain data across… Read More

ClearBank Expands Banking Services for Kraken’s UK Division

ClearBank, an enabler of real-time clearing and embedded banking, today announced a new regional partnership with Kraken, one of the world’s digital asset platforms. The extended partnership sees ClearBank provide Kraken’s UK based clients with GBP clearing services “enabling on and off ramps into the digital… Read More

Alto Data Highlights Growing Shift Toward Crypto Asset Diversification in IRAs

Alto, a platform that enables individuals to invest in alternative assets through retirement funds, including through their dedicated Alto CryptoIRA, released proprietary data from its platform that underscores the confidence in crypto investments as part of “a self-directed IRA and the overall growth in crypto… Read More

Visa Unveils New Services for Acquirers, Payments Facilitators and Merchants

Visa (NYSE: V), a global enabler of digital payments, has expanded its value-added services portfolio with the addition of products that make accepting payments easier and secure in a complex commercial landscape: reimagined Authorize.net, Unified Checkout and the ARIC Risk Hub. According to the update… Read More

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