Global

August 14, 2025 @ 5:24 am By Omar Faridi  |  

In a financial ecosystem where every dollar counts, a new analysis from TransUnion (NYSE: TRU) offers a bit of hope for American auto loan borrowers. According to the study, approximately 18 million of the nearly 80 million open auto loans in the U.S. are “in-the-money”… Read More

August 14, 2025 @ 3:10 am By Omar Faridi  |  

Business activity rose in just over half of the UK’s nations and regions in July, the latest NatWest Regional Growth Tracker showed, with the survey indicating increased confidence towards future growth prospects in most areas. The Tracker – which surveyed businesses operating in the manufacturing… Read More

August 14, 2025 @ 2:08 am By Omar Faridi  |  

Airwallex, a global financial platform for modern businesses, today announced it has received its Markets in Financial Instruments Directive (MiFID) licence from the Dutch Authority for the Financial Markets (AFM) and will soon launch Airwallex Yield to enable European businesses to generate returns on idle… Read More

August 14, 2025 @ 1:02 am By Omar Faridi  |  

Australia may not be creating the environment to foster the next generation of global companies, with research from small business platform, Xero, revealing only “17% of small business owners aspire to grow internationally.” Xero’s latest report, which surveyed “500 Australian small business owners, found that… Read More

August 13, 2025 @ 10:59 pm By Omar Faridi  |  

Alpaca, a self-clearing broker-dealer and brokerage infrastructure, announced that it has been approved as a clearing member by The Options Clearing Corporation (OCC), the world’s equity derivatives clearing organization, and the Fixed Income Clearing Corporation (FICC), which provides central clearing “for U.S. government Treasuries and… Read More

August 13, 2025 @ 9:58 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced that it is expanding its collaboration with Google Pay and making its flexible payment options available “via autofill on Chrome.” This announcement builds on Affirm’s launch “on Google Pay in… Read More

August 13, 2025 @ 3:37 pm By Omar Faridi  |  

The T3 Financial Crime Unit (T3 FCU)—a joint initiative by TRON, Tether, and TRM Labs—announced the launch of “T3+,” a global collaborator program made up of some of the key players in the crypto ecosystem. It is designed to expand public-private collaboration to “combat illicit… Read More

August 13, 2025 @ 11:39 am By Omar Faridi  |  

Transak, a global enabler of fiat-to-crypto infrastructure, has raised $16 million in strategic funding to expand its stablecoin payments stack and scale operations across new markets. The round was led by Tether and IDG Capital, “with participation from Primal Capital, 1kx, Protein Capital, CEiC, KX… Read More

August 13, 2025 @ 9:12 am By Omar Faridi  |  

Nuvei announced an expansion of its money movement capabilities, enabling faster and more cost-effective payouts to bank accounts worldwide, including in emerging markets where traditional infrastructure causes delays and inefficiencies. By leveraging stablecoin rails to “facilitate the backend movement of value, Nuvei offers businesses a… Read More

August 13, 2025 @ 9:04 am By JD Alois  |  

Global bank Santander shared its vision yesterday of becoming an AI-native bank, partnering with OpenAI to achieve this goal. In a blog post, Santander Chief Data & AI Officer Ricardo Martín Manjón explained that they seek to reshape banking by modernizing operations, providing a personalized, agile, and efficient banking… Read More

August 13, 2025 @ 8:04 am By Omar Faridi  |  

Kraken is now live in all 30 countries of the European Economic Area (EEA) under our Markets in Crypto-Assets Regulation (MiCA) license – a significant milestone that “expands their secure, compliant crypto offering to millions of people across Europe.” All EEA clients are now directly… Read More

August 13, 2025 @ 8:02 am By Omar Faridi  |  

Fintech firm Wise (LON:WISE) will be joining Google’s new remittance experience as one of the key providers. Consumers in the U.S. will soon be able to “access Wise’s services, powered by Wise Platform,” Wise’s global infrastructure for banks and enterprises, “on Google Wallet online or… Read More

August 13, 2025 @ 1:05 am By Omar Faridi  |  

In a stride toward refining our understanding of the global economy, the United Nations Statistical Commission unanimously approved the sixth iteration of the System of National Accounts (SNA) this year. This update, the first major revision since 2008, aims to modernize economic metrics to better… Read More

August 12, 2025 @ 2:21 pm By Omar Faridi  |  

The financial sector is in a technological arms race against increasingly sophisticated fraud, driven in large part by the pervasive application of Artificial Intelligence. As fraudsters leverage AI to scale and precision-target their attacks, regulators worldwide are taking notice, signaling a fundamental shift towards tougher… Read More

August 12, 2025 @ 9:58 am By Omar Faridi  |  

PwC US has signed a definitive agreement to acquire substantially all the assets of Kunai, an agile software consultancy specializing in AI, cloud-first web, mobile and infrastructure platforms for the financial services industry. This proposed strategic acquisition aligns with PwC’s commitment to helping clients “reach… Read More

August 12, 2025 @ 9:56 am By Omar Faridi  |  

Sound Point Capital Management, LP, a global alternative credit manager with more than $44 billion in assets under management1, announced the first close of Strategic Capital Fund III with $1.1 billion in capital commitments, “exceeding its first and final close targets of $500 million and… Read More

August 12, 2025 @ 8:03 am By JD Alois  |  

The UK government is claiming that Amazon is in breach of its “no delay in payments” rule, harming its UK-based vendors. In the UK, it is recognized that delayed payments to vendors can impact a company’s performance, especially for smaller firms. The Groceries Code Adjudicator… Read More

August 12, 2025 @ 7:50 am By JD Alois  |  

ClearBank, a digital bank based in the Netherlands and authorized by the European Central Bank (ECB), has partnered with UK-based Algbra, a Fintech regulated by the UK Financial Conduct Authority (FCA). ClearBank is already authorized by the Prudential Regulation Authority and regulated by the FCA… Read More

August 12, 2025 @ 7:36 am By JD Alois  |  

eToro (NASDAQ:ETOR), a global trading platform that offers access to both traditional and digital assets, has reported Q2 2025 net income of $30.2 million. This compares to the same quarter last year of $30.6 million. Q2 top-line revenue was $2.09 billion compared to 2024 $1.85 billion…. Read More

August 12, 2025 @ 5:11 am By Omar Faridi  |  

Railpen, one of the pension funds in the UK, has awarded a securitised credit mandate to Neuberger Berman – a private, independent, and employee-owned investment manager. It builds on an existing partnership between the two firms and “will provide Railpen with additional exposure to liquid… Read More