March 6, 2025 @ 1:59 pm By JD Alois  |  

Skyfire issued a statement today indicating it has exited Beta after reporting the rapid adoption of its services. Skyfire is a payment network for artificial intelligence. The company states that it enables autonomous transactions, enabling AI agents, LLMs and enterprises to transact securely Amir Sarhangi,… Read More

 Tagged agentic ai, payments, skyfire

March 6, 2025 @ 7:09 am By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), which claims to be a “member-centric, one-stop shop” for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the issuance of $697.6 million in notes secured by a pool of personal loans originated by… Read More

 Tagged digital financial services, personal loans, securitization, sofi

March 6, 2025 @ 6:47 am By JD Alois  |  

Zopa Bank has hired a former Visa executive as its new Chief Analytics Officer (CAO) Jeremy Penzer was previously Head of Data Science for Europe with Visa. Before that, he served as Capital One Europe’s Chief Analytics Officer and an academic statistician at the London… Read More

 Tagged banking, digital bank, uk, united kingdom, zopa, zopa bank

March 5, 2025 @ 9:57 pm By Omar Faridi  |  

Bondsmith, the UK’s cash savings fintech, is pleased to announce the launch of the country’s FSCS-insured bank deposit sweep, bringing cash management solution to British savers. Claiming to be motivated or “inspired” by the FDIC sweep programs in the United States, Bondsmith’s new offering “enhances… Read More

 Tagged bondsmith, savings, uk, united kingdom

March 5, 2025 @ 8:12 pm By Omar Faridi  |  

BlackRock Inc. (NYSE:BLK) announced the completion of its acquisition of Preqin, an independent provider of private markets data. This transaction strengthens BlackRock’s ability to serve clients’ whole portfolios — across public and private markets — by “combining investment, technology, and data solutions in one platform.”… Read More

 Tagged acquisition, blackrock, data, preqin

March 5, 2025 @ 3:09 pm By Omar Faridi  |  

February 2025 marked a difficult month for fintech companies (even though tech stocks in general have been seeing downward price pressure as well), with Block (NASDAQ:SQ) – once a major player in the sector—leading the charge downward, plummeting 28% in its steepest decline since 2023…. Read More

 Tagged block, fintech adoption, paypal, sofi, stripe, us

March 5, 2025 @ 3:07 pm By Omar Faridi  |  

In a significant shift in regulatory approach, the Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against three of the largest U.S. banks—JPMorgan Chase, Bank of America, and Wells Fargo—along with Zelle’s operator, Early Warning Services. The case, which alleged that these institutions failed… Read More

 Tagged bank of america, cfpb, consumer protection, digital payments, early warnings, jpmorgan, us, wells fargo, zelle

March 5, 2025 @ 11:31 am By Omar Faridi  |  

Friendly fraud has become a pressing issue for businesses, particularly in the fast-evolving world of e-commerce. This, according to a new report released by Juniper Research. Unlike traditional fraud involving stolen payment details, friendly fraud occurs when legitimate customers dispute valid transactions, often claiming non-delivery… Read More

 Tagged chargebacks, friendly fraud, juniper research, Research Report

March 5, 2025 @ 8:42 am By Omar Faridi  |  

The Bank of Israel released its preliminary design for the Digital Shekel System and sees public feedback. At the end of 2024, the digital shekel project reached a major milestone with the completion of a high-level design for the DS. The design document is being… Read More

 Tagged bank of israel, cbdcs, digital currency, digital shekel, israel

March 4, 2025 @ 7:49 pm By Tony Zerucha  |  

Q2 Holdings (NYSE:QTWO), a provider of digital transformation solutions for financial services, has released the 2025 Retail Banking Trends and Priorities report, authored by Jim Marous and published by Digital Banking Report. This report details important retail banking trends and priorities, providing a roadmap for financial institutions as they navigate… Read More

 Tagged digital banking, Jim Marous, Kirk Coleman, q2 holdings