Here is the OCC Letter to bunq Denying Bank Charter Application

This past week, it was reported that Netherlands-based digital bank bunq had been denied a US charter by the Office of the Comptroller of the Currency. The response sent to bunq’s legal representation in the US was uncharacteristically harsh and critical of the Fintech’s attempt… Read More

Nasdaq to Acquire LeveL Markets as Part of Always-On Markets Push

Nasdaq (NASDAQ: NDAQ) has entered into a definitive agreement to purchase all equity interests in LeveL Markets LLC, a US off-exchange equity trading venue. The deal, announced on August 11, 2026, supports the exchange operator’s broader strategy of developing continuous, always-available market infrastructure that bridges… Read More

Amex Ventures Backs Fazeshift to Enable AI-Driven Finance Automation

San Francisco-based Fazeshift, an artificial intelligence platform focused on automating financial operations, has received backing from Amex Ventures, the corporate venture capital unit of American Express (NYSE: AXP). The investment, announced on August 11, 2026, will help the company broaden its technology beyond its core accounts… Read More

BRICS Considers Connecting Instant Payment Networks and Digital Currencies to Curb Cross-Border Transfer Costs

Members of the BRICS grouping are examining ways to interconnect their national fast payment platforms and central bank digital currencies (CBDCs). The aim is to lower the high costs and lengthy delays that currently characterize many international money transfers, according to recent comments from India’s… Read More

Hackers Target Private Equity Firms with Voice Phishing Attacks

Cybercriminals have shifted their focus toward private equity firms and related financial organizations, employing voice phishing tactics to infiltrate systems and extract sensitive information for extortion purposes, according to findings from Google’s threat intelligence researchers. The activity stems from a cluster tracked as UNC6671. Despite… Read More

DECTA Partners with OpenPayd to Streamline Internal Treasury Settlement

Payments technology firm DECTA has teamed up with financial infrastructure provider OpenPayd to upgrade its cross-border treasury processes. The collaboration focuses on making operational settlement quicker and more efficient across DECTA’s international activities by leveraging regulated stablecoin tools. DECTA, which has over ten years of… Read More

Zopa Partners with Hive to Finance Solar Installs, More

UK digital bank Zopa has teamed up with Hive to provide a path for homeowners to finance solar and other green home upgrades. According to a statement from Zopa, customers may now apply for a Zopa-based loan on the Hive website. Zopa notes that the… Read More

Zama’s Blockchain based Privacy Token $ZAMA Now Offered to Revolut Users

Zama has expanded access to its native digital asset by integrating the $ZAMA token directly into the Revolut platform. This development allows the fintech giant’s extensive customer base to purchase, hold, and trade the token through the familiar Revolut app interface. The $ZAMA token underpins… Read More

Hospitality Focused Mews Financial Services Approved for EMI License in the Netherlands,

Mews Financial Services B.V. has been approved to operate as an Electronic Money Institution (EMI) by De Nederlandsche Bank (DNB). By receiving approval, Mews will be able to offer multiple bank-like services to its customers. The approval covers the European Economic Area (EEA) Mews is… Read More

Erebor Bank Nears $1.5B Raise to Fill Gap Left by Silicon Valley Bank Demise

Erebor Bank, a Columbus, Ohio-based digital bank that targets high-net-worth individuals and startups, may soon receive a $1.5 billion investment, according to reports. The anticipated round would place the bank’s pre-money valuation is expected to be $8 billion. The funding is reportedly about 2X the… Read More

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