March 8, 2025 @ 11:33 am By Omar Faridi  |  

Seventy-six percent of US consumers are reportedly cutting back on spending, up from 67% in 2024, according to findings from the Wells Fargo Money Study. For adults in the first half of their financial lives, these numbers are even higher, with “82% of Gen Z… Read More

March 8, 2025 @ 11:22 am By Omar Faridi  |  

Lloyds Banking Group, which is one of the United Kingdom’s largest FIs serving a large and diverse customer-base, is set to cut hundreds of permanent IT jobs in the UK while simultaneously hiring engineers for similar roles in India, according to a recent FT report…. Read More

March 8, 2025 @ 10:55 am By Omar Faridi  |  

Digital assets exchange Kraken, officially known as Payward Inc., is reportedly targeting an initial public offering (IPO) in the first quarter of 2026, according to a recent Bloomberg report. This announcement from Kraken comes on the heels of a significant shift in the U.S. regulatory… Read More

March 8, 2025 @ 10:22 am By Omar Faridi  |  

Maple Finance announced that Bitwise Asset Management, a crypto specialist asset manager with $12B+ in client assets, has made its  institutional allocation leveraging DeFi through Maple, a key milestone in the adoption of on-chain credit by institutional allocators. This marks a pivotal step as institutional… Read More

March 8, 2025 @ 9:53 am By Omar Faridi  |  

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More

March 8, 2025 @ 9:51 am By Omar Faridi  |  

Global Fintech Klarna is gearing up for an initial public offering (IPO) in the United States, with reports indicating the Swedish company could file publicly as early as next week. The move, which follows a confidential filing with the U.S. Securities and Exchange Commission in… Read More

March 7, 2025 @ 7:30 pm By Omar Faridi  |  

Virtual cards are transforming the digital financial services sector by offering businesses a secure, efficient, and flexible payment solution. According to a whitepaper by Juniper Research titled The Role of Virtual Cards in Streamlining Business Payments, virtual cards are poised to transform business-to-business (B2B) payments,… Read More

March 7, 2025 @ 6:33 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) has reportedly acquired a team to accelerate privacy efforts on Base. According to a blog post by Coinbase, privacy is “critical for unlocking the full potential of an onchain future.” Coinbase further explained that this is why they’re “bringing on… Read More

March 7, 2025 @ 4:19 pm By Omar Faridi  |  

Kin, the direct-to-consumer, digital home insurance provider, announced it  expanded into California and offers a home insurance option for the entire state. Building upon a “positive” earnings announcement last week, this is the latest step in Kin’s mission to “provide necessary coverage in markets that… Read More

March 7, 2025 @ 4:16 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its BrokerTec business reached a new single-day volume record of $1.05 trillion in average daily notional volume (ADNV) traded on March 3. Surpassing the ADNV of $909B for February 2025, this latest all-time high was reportedly driven by… Read More

March 7, 2025 @ 12:10 pm By Omar Faridi  |  

Figure Technology Solutions, a technology platform powering a more efficient and liquid marketplace for financial products, announced that its DART electronic lien registry has achieved significant ecosystem traction among “warehouse providers, investors and originating partners.” DART is a “core component” of the Figure Connect loan… Read More

March 7, 2025 @ 11:12 am By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced it migrated Cboe Canada’s NEO-L, NEO-N, and NEO-D trading books (collectively, the NEO Trading Platform) to Cboe TitaniumSM on March 3. Cboe Titanium is the new name of the technology platform powering… Read More

March 7, 2025 @ 11:05 am By Omar Faridi  |  

Allfunds (AMS:ALLFG), the B2B WealthTech platform for the funds industry, announces that JP Morgan Asset Management has joined the Allfunds Private Partners (APP) program. The APP program was reportedly launched back in 2023 in response to rising demand from asset managers to be able to “support… Read More

March 7, 2025 @ 9:21 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial technology platform for businesses, announced Groupe Dynamite Inc. (GDI), a Montreal-based fashion house that operates retail stores and digital experiences under two banners: Garage and Dynamite, is live with Adyen’s Giving product. Giving enables GDI to engage its customers “with… Read More

March 7, 2025 @ 9:15 am By Omar Faridi  |  

Karim Haji, Global and UK Head of Financial Services at KPMG, comments on the Money and Credit statistical release from the Bank of England. Karim Haji from KPMG noted that the sharp rise in borrowing suggests that many households “struggled to stretch disposable incomes between Christmas… Read More

March 7, 2025 @ 9:14 am By Omar Faridi  |  

Binance announced support for the Global Fintech Institute (GFI) to advance fintech education, professional development, and innovation. This collaboration aims to equip professionals with the skills needed to succeed in an era defined by artificial intelligence (AI), blockchain, and evolving financial regulations. As part of… Read More

March 7, 2025 @ 9:12 am By Omar Faridi  |  

UK business confidence increased 12 points to 49% in February, the highest level since August 2024, according to the latest Lloyds Business Barometer. The boost in business confidence in the UK was mainly driven “by increased economic optimism, which rose 18 points to 42%, the… Read More

March 7, 2025 @ 9:10 am By Omar Faridi  |  

Superstate is pleased to announce that they have now officially registered Superstate Services LLC, their transfer agent, with the U.S. Securities and Exchange Commission (SEC). Superstate says that it is laser-focused on its mission to “modernize finance through blockchain technology.” This step further advances tokenized… Read More

March 7, 2025 @ 9:08 am By Omar Faridi  |  

The EY organization announces the launch of new artificial intelligence (AI) capabilities to its EY Blockchain Analyzer: Smart Contract and Token Review (SC&TR) tool. The SC&TR tool is designed to help enhance “vulnerability detection in smart contracts through greater code coverage and streamline the contract… Read More

March 7, 2025 @ 7:43 am By Omar Faridi  |  

tZERO Group Inc., a firm focused on technology solutions for capital markets, is pleased to confirm that the “full” tokenization of its Series-A Preferred Equity Security (TZROP) will occur on March 14, 2025. Once completed, TZROP will become the “first” digital asset security to be… Read More