July 18, 2025 @ 11:24 am By Omar Faridi  |  

Elon Musk’s vision to transform X, formerly Twitter, into an all-encompassing “super app” is taking a leap forward with the introduction of in-app trading and investment features. According to now former X CEO Linda Yaccarino, the platform is poised to integrate financial services seamlessly, allowing… Read More

 Tagged bitcoin, digital assets, elon musk, investing, trading, x

July 18, 2025 @ 10:10 am By Tony Zerucha  |  

The FICO European Fraud Map 2024 has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 countries shows that card-not-present fraud dominates card fraud losses and has increased across most countries. E-commerce fraud, e-wallet, social… Read More

 Tagged card-not-present fraud, emea, fico, James Roche, uk

July 18, 2025 @ 9:20 am By Omar Faridi  |  

The European Central Bank (ECB) has released its third progress report on the digital euro preparation phase, spanning November 2024 to April 2025, alongside a letter from ECB Executive Board member Piero Cipollone to Aurore Lalucq, Chair of the European Parliament’s Committee on Economic and… Read More

 Tagged cbdc, digital euro, ecb, europe, european central bank

July 17, 2025 @ 10:16 am By Omar Faridi  |  

Lloyds Banking Group, Aberdeen Investments, and Archax announce a partnership to advance the use of blockchain technology, utilizing tokenized real-world assets (RWAs) as collateral for their trading businesses. In a UK-first initiative, tokenised “units of Aberdeen Investment’s money market fund (tMMF) and tokenised UK gilts… Read More

 Tagged aberdeen, archax, banking, lloyds, rwas, tokenization

July 17, 2025 @ 8:41 am By Omar Faridi  |  

Funding Circle (LSE: FCH), a UK-based SME finance platform, has received a £200 million forward flow agreement with Deutsche Bank. Deutsche Bank, a funder on the Funding Circle platform for more than 10 years now, is said to strengthen its commitment to enabling UK-based SMEs… Read More

 Tagged funding circle, online lending, sme's, uk, united kingdom

July 17, 2025 @ 1:34 am By Omar Faridi  |  

NiCE (NASDAQ: NICE) says that Aberdeen Group, a UK-based global investment management firm headquartered in Edinburgh, has selected NiCE Actimize’s X-Sight Suspicious Activity Monitoring (SAM) and Watch List Screening solutions as part of its financial crime operations. These are part of NiCE Actimize’s advanced “portfolio of… Read More

 Tagged aberdeen, nice actimize, regtech, uk, united kingdom

July 16, 2025 @ 10:39 pm By Omar Faridi  |  

Xero, a global small business platform, has announced a partnership with Plaid, which seeks to eventually triple the number of high-quality bank feeds available to customers in the United States. For many small businesses, access to community-focused finance providers is crucial, given the vast number of… Read More

 Tagged banking, plaid, xero

July 16, 2025 @ 5:21 pm By Omar Faridi  |  

ICBA Payments, a subsidiary of the Independent Community Bankers of America (ICBA), announced the renewal of its four-decade relationship with Visa. Together, the organizations are deepening their efforts “to equip local financial institutions with the modern payment tools and support they need to grow and… Read More

 Tagged payments, visa

July 16, 2025 @ 3:40 pm By Omar Faridi  |  

Digital bank OakNorth has provided $79 million of new funding to New York-based lending platform S3 Capital. Founded in 2013 by Joshua Crane and Robert Schwartz after they recognized a significant “lack of institutional quality, middle market construction lenders in NYC, the firm has since… Read More

 Tagged digital bank, lending, loans, new york, oaknorth, uk, united kingdom

July 16, 2025 @ 2:53 pm By Omar Faridi  |  

OKX is reporting that it has integrated PayPal as a payment method on its platform, making cryptocurrency access and payments more accessible to customers across Europe. Customers across the European Economic Area (EEA) can now purchase crypto on OKX directly “using any available funding source supported by PayPal,… Read More

 Tagged eea, integration, okx, paypal