Omar Faridi

BNPL Services Saw Steady Growth with Highest Usage Among Younger Consumers – Report

Buy Now Pay Later (BNPL) services saw continued growth in the number of consumers using them, with the highest usage among consumers from Generations Y and Z. This, according to a report from JDPower. According to the J.D. Power 2025 U.S. Buy Now Pay Later… Read More

Wirex Announces Expansion of Stablecoin Payments Platform to the US

Wirex, a Web3 money app, has announced the expansion of its stablecoin payment platform, Wirex Pay, to the U.S. This milestone marks a key step in making stablecoin payments more accessible, offering U.S. residents a self-custodial way “to transact with stablecoins.” The expansion is powered… Read More

Insurtech Funding Declines in 2024, Yet Resilience, Rising Valuations Signal Long-Term Potential – Report

PitchBook’s latest research reveals a complex landscape for insurance technology (insurtech) venture funding in 2024, marked by a contraction in total investment but persistent investor interest and soaring valuations. In Q4 2024, PitchBook noted that deal value plummeted 42% quarter-over-quarter, dropping from $1.9 billion in… Read More

Brazil’s OneKey Payments Adopts Belvo’s Biometric Pix

OneKey Payments, one of Brazil’s payment solution providers, is expanding its instant payment offerings with Belvo’s Biometric Pix. Already a Belvo client using Pix via Open Finance, OneKey is now adding this new feature to its portfolio, “bringing security and convenience to its merchants and… Read More

Derivatives Marketplace CME Group to Introduce Solana (SOL) Futures on Mar 17

CME Group, the world’s derivatives marketplace, announced plans to launch Solana (SOL) futures on March 17, pending regulatory review. Market participants will have the choice to trade both “a micro-sized contract (25 SOL) and a larger-sized contract (500 SOL).” Giovanni Vicioso, Global Head of Cryptocurrency… Read More

AI and Blockchain Innovations Accelerate Singapore’s Fintech Ecosystem Growth Amid Investment Recalibration – Report

Singapore’s fintech sector “recalibrated” in 2024, with investment totaling $1.3 billion, the lowest level seen since 2020 according to a report from KPMG. This strategic pivot reflects a global trend “as fintech investment reached a seven-year low of US$95.6 billion.” Despite reduced funding levels, Singapore’s… Read More

UK VC Funding Increases 43.5% YoY to $1.2B in Jan 2025 Despite Fewer Deals – Report

  The venture capital  or VC funding landscape in the UK market saw a year-on-year (YoY) decline in deal volume by “12.6% from January 2024 to January 2025, with the number of deals dropping from 87 to 76.” Despite this decrease in deal volume, the… Read More

Bank of Ireland Reportedly Approved €600M in New Homebuilding Loans to Property Developers

Bank of Ireland last year approved €600 million in new construction loans to housebuilders / property developers that are now supporting the delivery of 4,000 homes. The new lending lifts the Bank’s homebuilding loan approvals to €1.05 billion, which will “support the construction of 21,000… Read More

Ethereum (ETH) Price May Decline Further as Volatility Spikes and Bearish Sentiment Dominates Crypto Markets – Analysis

The Ethereum (ETH) options market is giving warning signs as digital assets traders brace for a turbulent March. A sharp rise in the implied volatility (IV)—now exceeding 80%—coupled with surging premiums on downside protection, reflects fast-growing bearish sentiment. This considerable shift has seemingly caught crypto-native… Read More

Malta Financial Services Authority Extends Compliance Outcomes-Based Supervision to All Financial Services Sectors

The Malta Financial Services Authority (MFSA) has released its Supervisory Priorities for 2025, outlining the Authority’s commitment to fostering market integrity, consumer protection, and financial stability. This document details the MFSA’s supervisory focus areas for 2025, building on its “compliance outcomes-based approach to supervision introduced… Read More

SEC and Tron Founder Justin Sun Agree to Explore Settlement Following Other Key Crypto-related Developments

The U.S. Securities and Exchange Commission (SEC) has recently changed its overall approach to crypto-related enforcement actions, signaling a potential switch in its once-aggressive “regulation by enforcement” strategy. On February 26, 2025, the SEC and Tron founder Justin Sun jointly requested a pause in their… Read More

SEC to Drop All Claims Against Web3 and Digital Assets Firm Consensys

The US Securities and Exchange Commission (SEC) will reportedly be dropping all claims against Consensys. In recent days, the SEC has dropped investigations against other crypto firms as the Trump administration has taken a more digital asset-friendly stance towards financial innovation. Consensys and the SEC… Read More

Sui’s Bitcoin DeFi Ecosystem Expands as RedStone Brings BTC Utility Onchain

RedStone, a cross-chain data oracle that’s providing pricing data for smart contracts as well as decentralized finance (DeFi) protocols, is now reporteldy live on Sui. Claiming to be “trusted” by more than 140 DeFi protocols, RedStone ensures pricing integrity and accelerates the “adoption of Bitcoin-backed… Read More

Blockchain Analytics Firm Nansen Joins Bifrost Network as Validator to Enhance Decentralized Staking

Blockchain analytics firm Nansen is now a validator on Bifrost Network, further reinforcing their commitment to decentralized infrastructure and secure staking solutions. By joining Bifrost’s validator set, Nansen said they aim to “enhance network security, reliability, and transparency within the liquid staking ecosystem.” As explained… Read More

Taktile Reports New Funding to Support Safe AI Adoption for Decision Making in Financial Services

Taktile – a decision automation platform – has reportedly raised $54 million in a Series B funding round, to continue enabling teams at fintech companies and financial institutions to optimize risk management strategies across the customer lifecycle. The investment round in the company was reportedly… Read More

Digital Payments Platform Checkout.com Expands North America Operations with San Francisco Office

Global digital payments company, Checkout.com, announced its expansion plans in North America, with the opening of a new office in San Francisco to expand its local operations. This move underpins Checkout.com’s commitment to the region, which reportedly grew the “fastest of all its global regions… Read More

Dynamo AI Helps Accelerate Experian’s GenAI Adoption

Dynamo AI, makers of compliant-ready AI for the enterprise, announced that Experian has productionized Dynamo AI’s security and compliance suite to enable deployment of generative AI (GenAI) capabilities across its operations. The relationship, which reportedly began back in 2023, has now enabled Experian “to scale… Read More

Insurtech : Home Insurance Firm Kin Reports Steady YoY Revenue Growth

Kin, the direct-to-consumer home insurance company built for every new normal, announced operating results through the fourth quarter ended December 31, 2024. Kin reports that it concluded 2024 with “$495.3 million in gross written premium and $156.1 million in total revenue.” Kin’s operating income for… Read More

World Economic Forum (WEF) and VivaTech to Establish European AI Hub in Paris

The World Economic Forum and VivaTech have agreed to launch a European Centre for AI Excellence (CAIE) in Paris in 2025. The centre will join the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) global network, further “advancing its global leadership in leveraging… Read More

Innovate Finance Announces Launch of RegTech UK

Innovate Finance, the industry body for UK based Fintech firms, has recently announced the launch of RegTech UK with the aim of improving the regulatory and policy environment for a sector that will be a core component of future growth in the UK. Under the… Read More

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