March 24, 2025 @ 10:54 pm By Omar Faridi  |  

Global online platform, Temu, known for offering “value-for-money” products, has recently expanded its partnership with digital payment provider Checkout.com to improve how customers pay for their orders. Checkout.com has been working with Temu since its launch in 2022, helping process payments worldwide. With this enhanced… Read More

March 24, 2025 @ 4:52 pm By Omar Faridi  |  

Latin American fintech Ualá has raised an additional $66 million in a second close of its Series E funding round, bringing the total to $366 million. This extension saw participation from TelevisaUnivision, alongside earlier investors like Allianz X, Stone Ridge Holdings Group, Pershing Square Foundation,… Read More

March 24, 2025 @ 1:59 pm By Omar Faridi  |  

Payments Canada is supporting a transformative shift in the financial landscape with the adoption of ISO 20022, an international messaging standard poised to enhance payment processing across the country. This initiative is gaining momentum, underscored by the release of a new educational update from Payments… Read More

March 24, 2025 @ 1:58 pm By Omar Faridi  |  

Consumer financial technology company Chime announced the launch of Instant Loans—a product that provides instant access to up to $500 in funds with a fixed interest rate that is “lower than what’s typically observed in the industry.” Like all of Chime’s services, Instant Loans is… Read More

March 24, 2025 @ 1:57 pm By Omar Faridi  |  

The crypto market has faced a challenging period, with Bitcoin and other  cryptocurrencies experiencing price declines in recent months. However, one segment of the market has quietly defied this trend: stablecoins. The total market capitalization of stablecoins has been steadily rising, reflecting growing adoption and… Read More

March 24, 2025 @ 11:17 am By Omar Faridi  |  

The latest Lloyds UK Sector Tracker, compiled using exclusive PMI survey data from around 1,300 private sector companies, reveals that more sectors reported “month-on-month growth in February.” As stated in the report from UK‘s Lloyds Bank, four sectors reportedly saw their “output rise (up from… Read More

March 24, 2025 @ 11:15 am By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the launch of its whitepaper titled ‘Frictionless reconciliation and allocation of cash: Can the adoption of ISO 20022 XML turn this dream into reality?’(Opens in a new window). Developed in partnership with Zanders, the whitepaper offers perspectives and seeks to… Read More

March 24, 2025 @ 11:13 am By Omar Faridi  |  

eToro has reportedly launched futures trading for new users residing in Spain, broadening their investment opportunities. This expansion empowers traders to diversify their portfolios and explore a wider array of financial instruments. With futures trading, users can strategically plan their investments using contracts with set… Read More

March 24, 2025 @ 11:10 am By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, and DoorDash, the local commerce platform, have partnered to offer Klarna’s flexible range of payment options to DoorDash customers. In the coming months, DoorDash customers will be able to take advantage of Klarna’s range of payment options when… Read More

March 24, 2025 @ 10:47 am By Omar Faridi  |  

Riot Platforms (NASDAQ: RIOT), an industry participant focused on vertically integrated Bitcoin mining, announced entry into a non-binding term sheet outlining terms of a potential acquisition by Whinstone US, Inc., or an affiliate, a wholly-owned subsidiary of Riot, of specific assets owned by Rhodium Encore LLC… Read More

March 24, 2025 @ 9:28 am By Omar Faridi  |  

Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available for trading across more than ten digital asset exchanges. These listings expand the accessibility and liquidity of USDG, “offering users enhanced trading opportunities.”… Read More

March 24, 2025 @ 8:10 am By Omar Faridi  |  

The European Commission has adopted its strategy for the Savings and Investments Union (SIU), a key initiative to improve the way the EU financial system channels savings to productive investments. It seeks to offer EU citizens broader access to capital markets and “better financing options… Read More

March 24, 2025 @ 12:53 am By Omar Faridi  |  

UK’s digital bank Monzo noted that their engineering team has created Monzo Stand-in, which is described as a fully independent backup bank complete with its own data, software, and infrastructure. This system can reportedly become effective / go live instantly during outages, ensuring customers retain… Read More

March 23, 2025 @ 11:52 pm By Omar Faridi  |  

Nordic challenger bank Lunar has announced reaching 1 million users, a significant milestone in its mission to transform the banking experience for individuals and businesses across the Nordics. The achievement of 1 million users highlights Lunar’s growth in the Nordic banking landscape. Ken Villum Klausen,… Read More

March 23, 2025 @ 11:33 pm By Omar Faridi  |  

Trustly, the global Pay by Bank solutions provider, announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s position in instant payouts. Representing a key milestone for the company in its home market, Trustly… Read More

March 23, 2025 @ 6:56 pm By Omar Faridi  |  

According to the recent Kaspersky Incident Response analyst report, long-lasting attacks, carried out by cybercriminals, that persist for more than a month accounted for 35.2% of the total attacks in 2024. The latest Kaspersky Incident Response analyst report and key insights offer extensive analysis of… Read More

March 23, 2025 @ 6:55 pm By Omar Faridi  |  

AI is dramatically changing online gaming, according to an update from the World Network. According to a new survey shared by the World Network, more than 7 in 10 gamers “agree unauthorized third-party bots are both ruining multiplayer competition (71%) and making it less fun… Read More

March 23, 2025 @ 4:35 pm By Omar Faridi  |  

Haun Ventures, the crypto-focused investment firm founded by Katie Haun, a former Andreessen Horowitz (a16z) general partner, is reportedly planning to raise $1 billion for two new funds. This move, revealed in a recent Fortune report, could potentially position it as the largest venture financing… Read More

March 23, 2025 @ 4:34 pm By Omar Faridi  |  

Ethereum, the largest smart contract platform in terms of market cap and overall adoption across the DeFi space, has grappled with scalability and performance bottlenecks, but a new development—MegaETH—offers a potential solution to these technical challenges. MegaETH recently debuted its public testnet, which is described… Read More

March 23, 2025 @ 4:27 pm By Omar Faridi  |  

Plume, the RWAfi (real world asset finance) chain, and Goldfinch, the onchain private credit platform, announced a partnership to expand access to high quality private credit assets on Plume’s RWA staking platform, Nest. This partnership will reportedly aim to widen access to institutional-grade private credit… Read More