Global

August 18, 2025 @ 8:49 am By JD Alois  |  

The British Business Bank says it will support up to £300m with Close Brothers under the ENABLE Guarantees programme. The financing is associated with Close Brothers Asset Finance, covering hire purchase, sale and hire purchase back and leasing facilities. Participating firms are incentivised by a… Read More

August 18, 2025 @ 8:25 am By Omar Faridi  |  

TaxBit noted that this past month, the Organization for Economic Co-operation and Development (OECD) released updated guidelines for its Crypto-Asset Reporting Framework (CARF), delivering clarifications for crypto / digital assets platforms navigating the global compliance environment. These updates address ambiguities in decentralized finance (DeFi), non-fungible… Read More

August 18, 2025 @ 8:15 am By Omar Faridi  |  

In its latest report for Q2 2025, UK Finance has released updated data on mortgage arrears and possessions, shedding light on the state of the UK mortgage market amidst ongoing economic uncertainties. The report highlights a continued decline in mortgage arrears for both homeowner and… Read More

August 18, 2025 @ 8:12 am By Omar Faridi  |  

Privalgo has reportedly secured its Dutch EMI license. They’ve just reached this milestone and it has been months in the making: on 1 August, De Nederlandsche Bank (DNB), the central bank of the Netherlands, officially granted them a Dutch Electronic Money Institution (EMI) license. With… Read More

August 18, 2025 @ 2:49 am By Omar Faridi  |  

Norway’s Government Pension Fund Global, managed by Norges Bank Investment Management (NBIM), has made a notable move in the cryptocurrency market, increasing its exposure to bitcoin-related assets by an impressive 83% during the second quarter of 2025. This development, reported by Standard Chartered’s global head… Read More

August 18, 2025 @ 2:27 am By Omar Faridi  |  

Block, Inc. (NYSE: XYZ) unveiled Proto Rig, a modular bitcoin mining system, and Proto Fleet, an open-source fleet management software. The announcement, made during an event held at Proto customer Core Scientific’s facility in Dalton, GA, where Proto Rigs “are mining as part of their… Read More

August 18, 2025 @ 1:14 am By Omar Faridi  |  

The European Central Bank (ECB) has released three insightful working papers in 2025, shedding light on critical aspects of monetary policy, inflation dynamics, and financial stability. These set of ECB Working Papers aim to offer contributions to economic research, providing policymakers, academics, and financial institutions… Read More

August 18, 2025 @ 12:10 am By Omar Faridi  |  

Upvest, an investment infrastructure provider in Europe, announces two key leadership hires to support its next phase of growth. Roberto Fajardo joins as SVP Engineering, and Alexander Matthey joins the board as Non-Executive Director. Together, they bring experience in “scaling financial infrastructure in regulated spaces… Read More

August 17, 2025 @ 5:49 pm By Omar Faridi  |  

Citigroup (NYSE: C) is focused on positioning itself at the center of the digital assets adoption movement by exploring stablecoin custody and payment services. This move comes in response to a law passed by the U.S. Congress, which has unlocked new opportunities for cryptocurrencies, particularly… Read More

August 17, 2025 @ 4:26 pm By Omar Faridi  |  

Global Fintech Adyen (AMS: ADYEN) saw its shares take a hit on Thursday, August 14, 2025, following the release of its H1 2025 financial results. Adyen, the Amsterdam based global payments processor, announced a downward revision to its full-year revenue forecast, pointing to challenges posed… Read More

August 17, 2025 @ 2:11 pm By Omar Faridi  |  

In an evolving digital economy, Citigroup’s report, Citi Institute Executive Report: The Impact of X on the Future of Finance, offers a comprehensive exploration of how the social media platform X is reshaping the financial services industry. Released by the Citi Institute, the report delves… Read More

August 16, 2025 @ 5:50 pm By Tony Zerucha  |  

This week, Wirex, a Web3 money app, announced that it is supporting EURC settlements through Visa’s stablecoin settlement pilot, marking a significant milestone in the evolution of blockchain-based payments in Europe. Following the successful completion of a testing phase, Wirex is now live with EURC… Read More

August 16, 2025 @ 3:38 pm By Omar Faridi  |  

Estateguru, a Pan-European real estate crowdfunding platform, has marked significant achievements. With a solid performance in Lithuania, the introduction of investment tools, and reaching €900 million in total funded loans, Estateguru continues to enhance real estate-backed investing for its global community of over 164,000 investors…. Read More

August 16, 2025 @ 3:35 pm By Omar Faridi  |  

Crayhill Capital Management, an alternative asset management firm specializing in asset-based finance, announced the launch of its Tax Equity Bridge Lending (TEBL) program as part of its expanded Pre-Construction Financing initiative, which is designed to “help solar, wind, and battery developers accelerate project development schedules… Read More

August 16, 2025 @ 3:34 pm By Omar Faridi  |  

Klarna, the Swedish fintech that is focused on buy now, pay later (BNPL) services, is navigating a complex landscape as it prepares for its anticipated U.S. stock market debut. Despite reporting a net loss for the second quarter of 2025, the company is pushing forward… Read More

August 16, 2025 @ 3:32 pm By Omar Faridi  |  

Alchelyst, a fund administrator for alternative asset managers, and Lyra Client Solutions, a client servicing organization spun out from Apollo (NYSE: APO), announced a merger to form a private markets servicing platform purpose-built to transform the investor experience across the institutional and global wealth channels…. Read More

August 15, 2025 @ 3:12 pm By Omar Faridi  |  

On August 14, 2025, Miami International Holdings (NYSE:MIAX), the parent company of the MIAX exchange group, floated its shares on the New York Stock Exchange (NYSE). The company, now valued at approximately $2.5 billion, saw its shares rise from its offering price of $23/share to… Read More

August 15, 2025 @ 2:29 pm By Omar Faridi  |  

Kaspersky has detected and blocked “over 142 million” phishing link clicks in Q2 2025, a “3.3% increase from Q1.” Currently phishing is going through a shift driven by “sophisticated AI-powered deception techniques and innovative evasion methods.” Cybercriminals are exploiting deepfakes, voice cloning and trusted platforms… Read More

August 15, 2025 @ 9:00 am By JD Alois  |  

Recently, the UK government announced plans to tackle rampant ransomware, proposing a solution that bans certain entities from paying the perpetrators. Ransomware costs the UK economy millions of pounds each year due to cyber extortionists. According to Chainalysis, the total value of payments made to… Read More

August 15, 2025 @ 7:38 am By Omar Faridi  |  

Cloud banking platform Mambu announced that OYAK ANKER Bank GmbH has completed a full-stack modernisation and migration of its core banking systems to the Mambu platform, making it one of Germany’s digital transformation projects, spearheaded by Innovance. This initiative has replaced all of the bank’s… Read More