April 2, 2025 @ 8:37 am By Omar Faridi  |  

The PwC Global Crypto Regulation Report 2025 offers a comprehensive analysis of the evolving regulatory environment for digital assets across more than 50 jurisdictions. The PwC research report underscores significant policy shifts and emerging trends, reflecting a global push to balance innovation with financial stability… Read More

April 2, 2025 @ 8:35 am By Omar Faridi  |  

SIX, the global financial data and market infrastructure provider, has launched its Digital Assets Regulatory & Tax Service – a data package providing financial institutions with “a single information source to help identify their exposure to digital assets and remain compliant with evolving regulations.” It… Read More

April 2, 2025 @ 8:33 am By Omar Faridi  |  

Fireblocks, a digital asset security and infrastructure provider, has signed a Memorandum of Understanding (MoU) with Sumitomo Mitsui Banking Corporation (SMBC Group), one of Japan’s largest banks, alongside Ava Labs and TIS Inc. This collaboration aims to explore the potential of stablecoins for wholesale payments,… Read More

April 2, 2025 @ 8:32 am By Omar Faridi  |  

Circle Internet Group, Inc., the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has officially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This move marks a significant milestone for the cryptocurrency industry, reflecting growing mainstream acceptance… Read More

April 2, 2025 @ 6:32 am By Omar Faridi  |  

The National Wealth Fund (NWF) has announced a financial guarantee of up to £400 million to cover a series of new loans provided by NatWest Group to registered providers for the retrofit of social housing stock in the UK. The lending aims to help registered… Read More

April 1, 2025 @ 8:49 pm By Omar Faridi  |  

Revolut, the global fintech claiming 50 million+ customers, released its Consumer Security and Financial Crime Report, revealing the evolving tactics of fraudsters globally. The report highlights that criminals are increasingly “turning to encrypted messaging services to exploit victims, with the proportion of fraud originating on… Read More

April 1, 2025 @ 8:47 pm By Omar Faridi  |  

OKX, a cryptocurrency exchange and Web3 technology company, has been making several key announcements in 2025, reinforcing its position as a global service provider in the blockchain and digital assets ecosystem. From appointing a new Chief Legal Officer to expanding its footprint across Europe and… Read More

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

April 1, 2025 @ 8:40 pm By Omar Faridi  |  

Consumer Fintech Chime has recently announced two transformative updates aimed at enhancing user experience and expanding its reach. On March 31, 2025, Chime introduced Chime+, a premium membership tier with various new features in a redesigned app, alongside the launch of Chime Workplace, a financial… Read More

April 1, 2025 @ 11:45 am By Omar Faridi  |  

PitchBook noted that China’s latest move to bolster its technological capabilities has arrived in the form of a 1 trillion yuan (approximately $138 billion) high-tech fund, unveiled during the 2025 Two Sessions. The report from PitchBook added that this state-backed venture capital (VC) initiative targets… Read More

April 1, 2025 @ 11:15 am By Omar Faridi  |  

Braazil’s digital bank Nubank (NYSE: NU) continues to streamline financial services in Latin America with a series of impactful updates. From various investment options to enhanced user features and strategic leadership appointments, Nubank is focused on solidifying its position as an innvoative fintech across Brazil,… Read More

April 1, 2025 @ 10:45 am By Omar Faridi  |  

On March 30, 2025, SlowMist, a blockchain security firm, reported a significant breach in the Ethereum-based leveraged trading platform SIR.trading (@leveragesir). The company’s MistEye security monitoring system detected the attack, which led to a loss exceeding $300,000 in digital assets. This incident underscores the persistent… Read More

April 1, 2025 @ 10:36 am By Omar Faridi  |  

The Clearstream partnership provides Neuberger Berman with the flexibility to adapt to market demands by enabling them to scale their services in response to interest in private market allocations shown by distributors across geographical markets. By leveraging Clearstream’s distribution, custody, and transaction services, Neuberger Berman… Read More

April 1, 2025 @ 8:35 am By Omar Faridi  |  

Fintech firm SumUp has partnered with FreedomPay, a global enabler of commerce-focused technologies, to strengthen their offering for retail and hospitality merchants worldwide. The partnership will aim to deliver a robust payment system with offline capability as well as hardware flexibility and enterprise level infrastructural… Read More

April 1, 2025 @ 7:35 am By Omar Faridi  |  

Backbase, the enabler of engagement banking, announced a partnership with Salt Edge, a provider of open banking solutions, to support the adoption of open banking and help banks meet compliance requirements while unlocking revenue opportunities. This collab reportedly enables Backbase customers to “integrate open banking… Read More

March 31, 2025 @ 9:32 pm By Omar Faridi  |  

As crypto adoption accelerates, Alchemy Pay says that it is committed to bridging the gap between traditional and digital finance. Their “success” in 2024 laid the groundwork for growth, and with increasing institutional interest in crypto-assets and evolving global regulations, 2025 “presents an even greater… Read More

March 31, 2025 @ 9:31 pm By Omar Faridi  |  

The decentralized finance (DeFi) community was once again rattled by a significant security breach targeting Magic Internet Money (MIM), a USD-pegged stablecoin issued by the Abracadabra protocol. According to an in-depth analysis by CertiK, a blockchain security firm, the exploit resulted in the loss of… Read More

March 31, 2025 @ 9:30 pm By Omar Faridi  |  

HYPR, an identity company, has released its State of Passwordless Identity Assurance Report, revealing an increasing misalignment between “real-world security risks and outdated authentication methods.” The research report highlights the growing risks associated with “outdated authentication methods and the rise of new generative AI-related attacks.”… Read More

March 31, 2025 @ 4:28 pm By Omar Faridi  |  

DailyPay, a worktech company specializing in earned wage access (EWA), has made significant strides in 2025 to enhance financial flexibility for American workers. Through product expansions and regulatory milestones in states like Utah and Arkansas, DailyPay continues to focus on improving how employees access their… Read More

March 31, 2025 @ 12:11 pm By Omar Faridi  |  

The Bitcoin and broader cryptocurrency market is experiencing a whirlwind of activity as we close out the first quarter of 2025. From institutional investments and regulatory shifts to innovative stablecoin developments, the past week alone has delivered updates that signal a maturing yet overly cautious … Read More