General News

September 8, 2026 @ 12:44 pm By Omar Faridi  |  

The United Kingdom’s financial industry is entering a more demanding stage of market digitalization. Proof-of-concept work has already shown that distributed ledger technology can represent bonds, funds and other assets as tokens. The harder question now is whether Britain will help set the operating standards… Read More

September 6, 2026 @ 3:16 pm By Michael Wong  |  

German development finance institution DEG is proposing an additional $10 million loan to JC Growth Credit Fund 1 LP, a venture debt vehicle managed by Singapore-based investment firm January Capital, according to a disclosure seen by CrowdFund Insider. The proposed financing would top up an… Read More

September 3, 2026 @ 12:43 am By Omar Faridi  |  

American households are holding a relatively steady outlook on their finances even as many continue to stretch budgets, delay purchases, and lean on savings or credit, according to the latest EY-Parthenon Consumer Sentiment Survey. The sixth wave of the study, released August 10, 2026, found… Read More

September 2, 2026 @ 3:00 pm By Omar Faridi  |  

Jack Henry & Associates (Nasdaq: JKHY), a US financial technology firm that supplies core banking platforms and related services to more than 7,200 banks and credit unions, has disclosed a cybersecurity incident that began with a voice-phishing scheme. The company said the event was confined to… Read More

September 1, 2026 @ 8:46 am By Michael Wong  |  

The International Finance Corporation (IFC) is considering an equity investment of up to $4 million in Gigmile Technologies Ltd, a Nigerian financial technology company providing lease-to-own financing for commercial vehicles. The proposed investment would form part of Gigmile’s Series A funding round and support its… Read More

August 27, 2026 @ 9:05 pm By JD Alois  |  

The Super Crowd has announced the launch of PurposeBuilt100, a list of promising, fast-growing firms that are described as combining growth with impact. The list was revealed on the final day of the SuperCrowd26 event, a three-day virtual gathering focused on access to capital, community,… Read More

August 25, 2026 @ 3:47 pm By Omar Faridi  |  

A recent working paper from the Federal Reserve Bank of Cleveland sheds light on how American households view and interact with cryptocurrencies. Titled “Do You Even Crypto, Bro? Cryptocurrencies in Household Finance,” the study draws on repeated large-scale surveys of U.S. households to examine investment… Read More

August 25, 2026 @ 12:25 am By Michael Wong  |  

The International Finance Corporation (IFC) is considering an investment of up to $30 million in a Colombian private debt fund managed by Vinci Compass to expand access to long-term financing for medium-sized and commercial enterprises, according to a project disclosure seen by CrowdFund Insider. The… Read More

August 24, 2026 @ 2:19 am By Michael Wong  |  

Global consumer-focused investment firm L Catterton has agreed to make a strategic investment in Japanese independent financial advisory firm Financial Standard, as the private equity firm seeks to tap growth in Japan’s expanding wealth management market. The financial terms of the transaction were not disclosed…. Read More

August 21, 2026 @ 12:49 am By Omar Faridi  |  

Harvard University’s endowment, managed by Harvard Management Company, kept its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) unchanged during the second quarter of 2026. This decision came after the institution had significantly reduced the position in previous periods. According to the latest regulatory disclosures, the… Read More

August 17, 2026 @ 2:51 pm By Omar Faridi  |  

Western Union (NYSE: WU) has secured a key regulatory green light from New York authorities for its planned purchase of International Money Express, commonly known as Intermex, yet the transaction now confronts fresh obstacles in California that could postpone its completion. The roughly $500 million… Read More

August 16, 2026 @ 9:28 pm By Nick Morgan  |  

Tyrone Ross Jr. on Crypto’s Education Gap, the Trillion-Dollar IPO Problem, and Why Wealth Management Is Stuck The conversation around crypto assets has evolved dramatically over the past decade. What began as a debate over Bitcoin’s legitimacy has become a much broader discussion about financial… Read More

August 15, 2026 @ 12:48 pm By Michael Wong  |  

Banks, insurers, and takaful operators in Malaysia will get new guidance to support implementation of the National Sustainability Reporting Framework (NSRF), as regulators seek to make sustainability-related disclosures more robust, consistent, comparable, and purposeful. The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara… Read More

August 14, 2026 @ 12:15 pm By JD Alois  |  

Texas is one of the states growing rapidly, experiencing population migration as firms seek business-friendly jurisdictions. Texas is one of a handful of states without a state income tax. A recent ranking of states by overall tax burden ranked Texas 1st in the US for… Read More

August 3, 2026 @ 2:40 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) has revealed its intention to purchase MDSec Consulting Limited, a specialized information security firm based in the United Kingdom. The move aims to reinforce the bank’s defenses against increasingly sophisticated digital threats. Announced on July 30, 2026, the transaction is… Read More

August 2, 2026 @ 6:01 pm By Michael Wong  |  

Total deposits held with Hong Kong’s authorized institutions rose 0.1% in June from the previous month, as growth in Hong Kong dollar deposits offset a decline in foreign currency deposits, while bank lending continued to strengthen, official data showed. Figures released by the Hong Kong… Read More

August 1, 2026 @ 6:55 pm By Michael Wong  |  

TBC Bank Group said its acquisition of OLX Uzbekistan is a long-term strategic investment that will help expand its digital ecosystem beyond banking while opening the door to future embedded finance offerings on one of the country’s largest online marketplaces. The comments came in an… Read More

July 28, 2026 @ 10:44 pm By Omar Faridi  |  

Customers of several major UK high street banks faced disruptions to digital banking services on Monday, with widespread reports of difficulties completing online transfers and payments. Account holders at institutions including Lloyds Banking Group brands and Barclays encountered problems that began emerging around midday, according… Read More

July 28, 2026 @ 9:37 am By JD Alois  |  

SparkKitty is a Trojan horse-type malware hack that targets crypto accounts. While the malware has been around for a couple of years, recent reports about its prevalence on both Google Play and the Apple Store are reminders that consumers must always be diligent – even… Read More

July 27, 2026 @ 8:44 am By Michael Wong  |  

Early-stage companies developing solutions in clean energy, sustainable agriculture, inclusive finance, and other priority sectors may receive up to $400,000 in seed funding under a new program launched by the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA). ADB Ventures, the venture… Read More