Nasdaq Adena Friedman CEO Sees Tokenization Freeing Billions in Locked Collateral Amid Broader TradFi and DeFi Convergence

Nasdaq (NASDAQ: NDAQ) chief executive Adena Friedman has highlighted how representing traditional assets and cash movements as blockchain-based tokens could release substantial capital currently immobilized as collateral across global markets. Speaking at the TOKEN2049 conference in Singapore, she explained that converting instruments such as US… Read More

Coinbase Payment Fraud Test Results Show Newer AI Models Missed More Cases

Payments related fraud is rising worldwide, and a recent Coinbase (NASDAQ: COIN)  evaluation has shown that simply moving to newer large language models does not automatically improve specialized fraud detection. In its “Owning Intelligence” engineering series, published in early October 2026, crypto exchange Coinbase detailed… Read More

T+1 Deadline Approaches, Banking Institutions Prioritize Next-Day Settlement Preparedness

With one year remaining until the UK, EU and Switzerland shift to next-day securities settlement, banking and financial institutions across these markets are concentrating on demonstrating operational readiness for the transition. The coordinated move to a T+1 cycle is scheduled for 11 October 2027. Under… Read More

London Stock Exchange Group (LSEG) Shares Advance, UBS Holds Buy Stance Amid AI Caution

London Stock Exchange Group PLC (LSE:LSEG) finished higher on Thursday, 8 October 2026, advancing 1.85 percent to close at £84.70. The gain stood out against a softer session for the broader UK equity market, where the FTSE 100 Index slipped 0.16 percent to 10,441.60. Even… Read More

Pepkor Holdings’ Fintech Deal Draws Investor and Director Criticism Over Missing Shareholder Vote

Africa’s largest clothing retailer, Pepkor Holdings Ltd., continues to face questions from certain investors and directors over its July decision to merge its Flash fintech arm with the rival Shop2Shop business without putting the transaction to a shareholder vote. The combination created a merchant commerce… Read More

X Money Offers 3% Cash Back, Up to 6.00% APY

X Money, the Fintech arm of social media platform X, is currently promoting its services, providing up to 3% cash back on purchases and up to 6%  APY on “balances in qualifying US states.” X Money is currently available in 41 U.S. states and Washington… Read More

Upgrade Applies for Nevada ILC Charter to Launch Its Own FDIC Insured Bank

San Francisco-based fintech Upgrade has moved to secure its own banking platform by filing applications for a Nevada industrial loan company charter. The Fintech-focused company submitted the paperwork on October 12, 2026, to both the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation, seeking… Read More

Brickken’s Solving the Agentic Trust Problem

Brickken co-founder and chief revenue officer Ludovico Rossi believes that, despite the attention given to agentic commerce, it won’t reach its potential until stakeholders are convinced there are enforceable controls over agents. They must also be assured that data can be reliably available on-chain and across systems…. Read More

OPay Advances Plans for New York IPO as Lending Overtakes Payments and Revenue Surges in H1

Fintech firm OPay is preparing for a potential listing on the New York Stock Exchange, having submitted a Form F-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on October 9, 2026. The Cayman Islands-incorporated company, headquartered in Singapore and operating primarily through… Read More

Fintech Ramp Reportedly Secures $1.85B Funding Round, Now Valued at Appr. $60B

New York-based Fintech company Ramp has raised approximately $1.85 billion in a new funding round that places its pre-money valuation near $60 billion, according to people familiar with the private transaction. Dragoneer Investment Group and Thrive Capital co-led the round, while Founders Fund contributed a… Read More

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