June 24, 2026 @ 2:37 am By Omar Faridi  |  

In Washington this week, Senators Pete Ricketts of Nebraska and Catherine Cortez Masto of Nevada advanced a bipartisan effort to better understand and potentially improve how smaller banks and credit unions work with financial technology companies. On June 18, 2026, the lawmakers introduced the Bank-Fintech… Read More

 Tagged banking, catherine cortez masto, fintech, legislation, pete ricketts

June 24, 2026 @ 2:31 am By Omar Faridi  |  

Count Finance, a regulated UK platform that delivers personalized financial advice to everyday investors, has launched Stocks and Shares Individual Savings Accounts (ISAs). The new offering is powered by Alpaca’s infrastructure, including its recently acquired WealthKernel platform, allowing eligible users to invest through tax-advantaged accounts… Read More

 Tagged alpaca, europe, uk, wealth

June 24, 2026 @ 1:34 am By Omar Faridi  |  

A recent working paper from the Bank of England sheds light on the complex dynamics between traditional banks and non-bank lenders in the UK’s unsecured lending market for small and medium-sized enterprises (SMEs). Authored by Negar Mohammadi Jazi and Felipe Netto, Staff Working Paper No…. Read More

 Tagged bank of england, Research Study, sme's, uk

June 23, 2026 @ 10:34 pm By Omar Faridi  |  

Two of Austria’s largest banking groups have become shareholders in the European Payments Initiative (EPI). The move will bring the Wero digital wallet — a secure, instant account-to-account (A2A) payment solution — to customers in Austria, significantly broadening its geographic reach. The announcement, issued on… Read More

 Tagged austria, banking, epi, europe, european payments initiative, wero

June 23, 2026 @ 10:34 pm By Omar Faridi  |  

Rippling has launched Business Banking, a service that pairs a dedicated checking account with its payroll tools to allow companies to pay domestic employees on the same day payroll is run. The offering directly tackles common delays that force finance teams to prepare payments days… Read More

 Tagged business banking, hr, payroll, rippling, us

June 23, 2026 @ 10:32 pm By Omar Faridi  |  

PayPal (NASDAQ:PYPL) has announced a major enhancement to its payments ecosystem by incorporating more than 30 additional local payment methods through its ongoing collaboration with PPRO, a specialist in local payments infrastructure. The update equips merchants with tools to better accommodate international customers who prefer… Read More

 Tagged global payments, paypal, PPRO

June 23, 2026 @ 3:21 pm By Omar Faridi  |  

Nubank (NYSE: NU) announced recently that its virtual mobile network service, NuCel, has attracted more than one million customers in just 17 months since operations began in January 2025. Developed in partnership with Claro, the service integrates mobile connectivity directly into Nubank’s ecosystem, marking a… Read More

 Tagged brazil, digital banking, latam, nubank, nucel

June 23, 2026 @ 10:54 am By Omar Faridi  |  

UK Finance has indicated that mergers and acquisitions have always reflected the broader state of global markets. As the second half of 2026 approaches, deal activity is recovering, but the backdrop remains intricate. Geopolitical tensions, regulatory shifts, technological change, cybersecurity demands, and evolving shareholder priorities… Read More

 Tagged acquisitions, mas, mergers, research, uk finance

June 23, 2026 @ 7:53 am By Omar Faridi  |  

Ripple has received preliminary approval for a Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) under the EU’s Markets in Crypto-Assets (MiCA) regulation. MiCA serves as the European Union’s comprehensive framework to regulate cryptoasset activities, aiming to enhance… Read More

 Tagged casp, emi license, EU, europe, luxerbourg, mica, regulation, ripple

June 23, 2026 @ 3:03 am By Omar Faridi  |  

McKinsey & Company’s latest “Week in Charts” update, published on June 16, 2026, paints an optimistic picture of the fintech industry’s trajectory. According to the analysis, the sector has entered a new phase of consistent expansion and stronger financial performance. If current momentum holds, global… Read More

 Tagged mckinsey, research