January 3, 2026 @ 1:32 pm By Omar Faridi  |  

Many UK households faced a challenging festive season in 2025, with financial pressures forcing significant cutbacks. According to Vanquis Bank‘s Financial Wellbeing Index, one in five families earning less than £40,000 annually reduced their holiday spending, highlighting the ongoing struggle with escalating living expenses. Overall,… Read More

 Tagged consumer behavior, financial wellness, research, spending, uk, united kingdom

January 3, 2026 @ 1:28 pm By Omar Faridi  |  

In late December 2025, the City of Baltimore initiated a lawsuit against Dave Inc. (Nasdaq: DAVE), a Los Angeles-based financial technology company, accusing it of engaging in deceptive marketing and imposing exorbitant fees that effectively function as illegal high-interest loans. The action, announced by Mayor Brandon… Read More

 Tagged baltimore, dave, fintech apps, lawsuit, lending, loans, us

January 3, 2026 @ 1:27 pm By Omar Faridi  |  

Quantum computing is standing out as a transformative force poised to redefine industries from finance to digital banking. A recent update from Citi (NYSE: C) provides key insights from Noelle Ibrahim, IBM Quantum’s Technical Client Advisory Executive. This update sheds light on the current state… Read More

 Tagged digitalization, ibm, insights, quantum computing

January 3, 2026 @ 1:25 pm By Michael Wong  |  

Knight Fintech, an Indian provider of banking and digital lending infrastructure, has raised $23.6 million in a Series A funding round led by Accel, the company said. The round also saw participation from IIFL and Rocket Capital, along with existing investors Prime Venture Partners, 3one4… Read More

 Tagged accel, fintech, india, Knight Fintech

January 3, 2026 @ 1:22 pm By Omar Faridi  |  

In a contentious legal showdown, JPMorgan Chase (NYSE:JPM) is pushing back against nearly $74 million in legal fees claimed by Charlie Javice, the founder of the student aid platform Frank. This dispute stems from the bank’s 2021 acquisition of Frank for $175 million, a deal… Read More

 Tagged charlie javice, frank, jpmorgan, lawsuit, legal fees

January 2, 2026 @ 11:39 am By Omar Faridi  |  

The financial technology sector experienced a notable rebound in 2025, marking the first annual increase in venture capital investment after several years of decline. According to data from PitchBook, global fintech startups collectively secured $55.94 billion in funding, reflecting a 25% rise compared to the… Read More

 Tagged Fintech funding, funding, insights, prediction markets, research

January 2, 2026 @ 9:12 am By Omar Faridi  |  

OliverWyman noted that as we sit at the end of 2025, AI-mania continues to roll, equity markets are trading “near records,” interest rates are gradually bite surely coming down, inflation hasn’t quite yet spiraled out of control, and the credit cycle “hasn’t cycled that much.”… Read More

 Tagged insights, outlook 2026, perspective, predictions, research

January 2, 2026 @ 12:21 am By Omar Faridi  |  

In an era where financial tools are becoming increasingly integral to daily life, industry professionals are urging the banking sector to reassess its digital infrastructure to curb economic abuse. A recent study from Northumbria University emphasizes how outdated or poorly designed banking systems can inadvertently… Read More

 Tagged cx, digital banking, fraud

January 1, 2026 @ 9:57 am By Michael Wong  |  

Truemed, a US-based health payments startup that enables consumers to use tax-advantaged health accounts for preventive care, has raised $34 million in a Series A funding round led by venture capital firm Andreessen Horowitz, as investors bet on growing demand for alternatives to traditional, treatment-focused… Read More

 Tagged andreessen horowitz, Truemed

December 31, 2025 @ 12:29 pm By JD Alois  |  

Trueflation, an alternative measure of inflation that differs from what the Federal government may publish, states that the Personal Consumption Expenditures (PCE )is now below 1.9%, significantly lower than the US Federal Reserve’s target of 2% and well below the US Bureau of Labor Statistics… Read More

 Tagged inflation, pce, trueflation, us federal reserve