February 8, 2026 @ 10:22 pm By Omar Faridi  |  

Investment platform Betterment has fallen victim to a significant cyber intrusion, potentially compromising the personal details of approximately 1.4 million individuals. This incident underscores the persistent vulnerabilities in digital financial services, where even established firms can be targeted by sophisticated threat actors. The breach came… Read More

 Tagged betterment, security breach

February 8, 2026 @ 12:33 pm By Omar Faridi  |  

Euroclear has reported its latest financial results, demonstrating resilience and strategic foresight. As of early February 2026, the company has released seemingly solid year-end figures for 2025, underscoring its ability to navigate market volatility while expanding its influence in international markets. This comes alongside an… Read More

 Tagged apac, digitalization, euroclear, europe

February 8, 2026 @ 11:59 am By Michael Wong  |  

South Korea and Indonesia plan to launch a cross-border QR-code payment service in April, allowing visitors to pay at merchants in either country using their domestic QR payment apps, Indonesia’s central bank said. The planned linkage underscores how central banks are increasingly treating retail payments… Read More

 Tagged indonesia, qr payments, south korea

February 8, 2026 @ 10:45 am By Omar Faridi  |  

In a move set to impact alternative investments, global fintech iCapital and investment firm Partners Capital have unveiled an enhanced private equity initiative aimed at broadening access for wealth managers, financial advisors, and their clientele throughout Asia, Europe, and the Middle East. Announced recently by… Read More

 Tagged alternatives, icapital, investments, partners capital, wealth

February 8, 2026 @ 10:44 am By Omar Faridi  |  

In a significant restructuring move announced recently, Remitly (NASDAQ: RELY), an international money transfer service provider, has announced the closure of its research and development facility in Israel, resulting in the elimination of approximately 110 positions. This decision comes roughly three years following the company’s… Read More

 Tagged fintech, israel, layoffs, remitly

February 8, 2026 @ 4:46 am By Omar Faridi  |  

In an effort to address New York City’s ongoing housing crisis, OakNorth, a specialist in commercial lending, has partnered with Oak Funding to extend a $78 million co-loan to real estate developer Bushburg. This financing will facilitate the purchase and redevelopment of 100 William Street,… Read More

 Tagged digital banks, financing, new york, oaknorth, real estate

February 7, 2026 @ 3:56 pm By Omar Faridi  |  

Mobile money services are poised for unprecedented expansion, particularly in emerging markets. According to a recent study by Juniper Research, the number of mobile money users in these regions is projected to surge to 2.2 billion by 2030, representing over 53% of the adult population…. Read More

 Tagged insights, juniper research, mobile money, Research Study

February 7, 2026 @ 2:47 pm By Omar Faridi  |  

Digital bank bunq has indicated that the United Kingdom saw a significant uptick in shared financial transactions last year, reaching a total of £1.16 billion. According to insights from bunq, this figure, equivalent to approximately €1.34 billion, marks a 27.2% growth compared to the £909… Read More

 Tagged bunq, digital banking, insights, spending, uk

February 7, 2026 @ 2:46 pm By Omar Faridi  |  

Starling Bank is now marketing its proprietary banking software to financial institutions in the United States. This initiative seeks to leverage the persistent reliance of many U.S. banks on aging infrastructure, allowing Starling to generate new revenue streams while addressing modernization needs in the US… Read More

 Tagged digital banking, starling bank, uk, us

February 7, 2026 @ 2:45 pm By Omar Faridi  |  

Digital bank Revolut is taking a step forward to manage its own strategy in the capital markets by expanding its internal team dedicated to secondary share sales. Rather than relying on traditional Wall Street investment banks, the company is hiring additional talent to handle these… Read More

 Tagged digital banks, revolut, secondary shares, uk