Coinbase (NASDAQ:COIN) is partnering with France based Spiko to support transfers utilizing dollar based stablecoin USDC. The company says that by using Coinbase Payments, Spiko has eliminated any settlement delays. Spiko’s EU T-Bills Money Market Fund and the Spiko US T-Bills Money Market Fund are… Read More
The Earned Wage Access Consumer Protection Act was approved in the House Financial Services Committee on a bipartisan vote of 29-22 following a markup hearing. HR 9330 lets workers to access money they have already earned before a typical pay period. Under the legislation, while… Read More
Tagged AFC, ewa, fta, house financial services committee, hr 9330, legislation
Financial institutions worldwide are shifting from isolated AI experiments to widespread organizational deployment, according to a new World Economic Forum (WEF) report. Titled The AI Playbook for Financial Services and developed in partnership with Accenture, the publication stresses that while AI promises major efficiency and… Read More
Tagged ai, financial institutions, research, wef, world economic forum
The planned sale of Atom Bank, one of the UK’s digital challenger banks, is reportedly close to falling through. According to an update from the Financial Times, the Newcastle-based lender has been unable to attract bids at the £600 million level its shareholders had been… Read More
Tagged atom bank, banking, digital bank, uk, united kingdom
Fintechs based in France raised €680 million in equity capital for seven deals during the month of June. As shared by the France Fintech association, this brings total 2026 funding to €1.2 billion or 2.5X the previous year. For the year, the average funding was… Read More
Tagged alan, france, france fintech, funding rounds, morpho
The Depository Trust & Clearing Corporation (DTCC) announced that its National Securities Clearing Corporation (NSCC) subsidiary has successfully launched extended clearing operations on a near-continuous 24×5 schedule. Clearing services now run from Sunday at 8:00 p.m. Eastern Time through Friday at 8:00 p.m. ET, enabling… Read More
Tagged digital transactions, dtcc, nscc, trading
Mizrahi Tefahot Bank has become the first financial institution based in Israel to roll out a contactless system for withdrawing cash from automated teller machines. Customers can now access funds by tapping a smartphone, smartwatch, payment ring, or bracelet against the machine, eliminating the need… Read More
Tagged banking, cash, contactless, israel, mizrahi tefahot
Lloyds Banking Group announced on 26 June 2026 that its co-investment partnership with Legal & General (L&G) has surpassed £1.5 billion in total participations since its launch in December 2022. The milestone highlights growing collaboration between traditional banks and large institutional investors to meet rising… Read More
Tagged l&g, lloyds banking group, uk, united kingdom
Private credit firms are pouring billions into buy now, pay later (BNPL) financing, helping the sector expand rapidly even as regulators, credit rating agencies, and analysts highlight growing risks to consumer finances. BNPL services let shoppers split purchases into smaller installments / more flexible payments,… Read More
Tagged bnpl, buy now pay later, lending, loans, private credit
The Consumer Financial Protection Bureau (CFPB) is developing a revised open banking proposal that would allow consumers to share their bank and credit card data with fintech companies at no initial cost, while permitting banks to charge those companies for access once a certain volume of… Read More
Tagged banking, cfpb, consumer financial protection bureau, fintech, us
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