Iran and Oman Explore Joint Payments Framework for Vessels in Strait of Hormuz

Iran has initiated conversations with Oman regarding a potential collaborative arrangement to implement a payment mechanism for ships navigating the Strait of Hormuz, a vital chokepoint for global energy supplies. This development highlights ongoing tensions, as it suggests that Washington and Tehran remain far from… Read More

Coinbase CEO Brian Armstrong Says Tokenization of RWAs May Streamline Real Estate, Stocks Trading

Coinbase (NASDAQ:COIN) CEO Brian Armstrong has highlighted many of key areas where the financial system still needs a significant update. Armstrong said that tokenization of real-world assets is a high-potential segment that could transform real estate, stocks, bonds, funds by bringing them all onchain. He… Read More

Polish Fintech Executive Arrested as Thousands of Customers Face $30M Losses

A prominent Polish Fintech executive is currently held in a Missouri county jail. U.S. authorities arrested him on an Interpol warrant, as Poland seeks his extradition to face serious charges of fraud and money laundering that allegedly harmed thousands of clients. Marcin Pióro, 45, was… Read More

Digital Banking : Nubank’s Business Arm Nu Empresas Surpasses 6M SME Clients

Nu Empresas, the business arm of Nubank (NYSE: NU), has surpassed 6 million small and medium-sized enterprise (SME) customers. This achievement positions the digital platform as the financial institution with the highest number of registered corporate tax identifiers (CNPJs) in Brazil, underscoring its dominant role… Read More

UK Digital Bank Starling Bank Reports Decline in Profits and Revenue

UK’s Starling Bank has reported a somewhat modest downturn in its overall financial performance for the most recent fiscal year. The Fintech firm’s results highlight the considerable challenges posed by a cooling monetary environment and additional provisions for potential credit losses, underscoring the transition from… Read More

Options Trading in Futu and Up Fintech Spiked Sharply Prior to Beijing’s Crackdown

Trading volumes for US-listed options tied to two prominent Chinese fintech firms spiked dramatically just before a major regulatory announcement from Beijing. This activity preceded a sharp downturn in their share prices, highlighting how some investors appeared to anticipate the crackdown. Futu Holdings Ltd. (NASDAQ:… Read More

Galileo Research Finds Customer Embedded Financial Services Demand Outstrips Supply by 4X

New research from Galileo finds that brands that offer embedded financial services within their apps have a leg up on customer acquisition and retention, but they struggle to keep up with consumer demand for such services. Roughly 80% of executives say they plan to launch… Read More

Basel Committee to Release Report on Technology Risk Management, Advances Digital Assets Review

The Basel Committee on Banking Supervision concluded its May 19–20, 2026 meeting in Basel with several forward-looking decisions aimed at strengthening global banking standards amid evolving challenges. The Committee, the primary international standard-setter for prudential regulation, focused on operational resilience, digital innovations, cryptoassets, liquidity management,… Read More

AI Financial Corporation Faces Severe Financial Strain Amid Crypto Holdings Decline

AI Financial Corporation (NASDAQ: AIFC), a firm intertwined with cryptocurrency assets, has issued a warning about its future viability. In its latest quarterly report, the company highlighted mounting financial pressures that could jeopardize its ability to sustain operations beyond the next year. This development underscores… Read More

Berkshire Hathaway Divests Entire Holding in Visa

Berkshire Hathaway (NYSE: BRK) has now fully exited its position in one of the world’s largest financial technology service providers. The move, disclosed through the conglomerate’s latest regulatory filings, involves the complete sale of shares in Visa Inc. (NYSE: V), with the stake valued at… Read More

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