Global

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

August 12, 2025 @ 4:12 am By Omar Faridi  |  

Sygnum, a global digital asset banking group, announces a variety of custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem. Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with “a gateway to tap… Read More

August 12, 2025 @ 3:26 am By Omar Faridi  |  

In a step toward advancing digital financial services, Banking Circle, a global correspondent bank, has strengthened its partnership with Elliptic to ensure robust compliance for its EURO-based stablecoin, EURI. Launched in August 2024, EURI is one of the first stablecoins compliant with the European Union’s… Read More

August 12, 2025 @ 2:23 am By Omar Faridi  |  

Recruitment activity across the UK continued to fall sharply at the start of the third quarter, according to the latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global. The latest reductions in permanent placements and temp billings “were often linked to… Read More

August 12, 2025 @ 12:30 am By Omar Faridi  |  

New research from iwoca shows alternative lenders are surging ahead in the SME finance market, as high street banks “lose their foothold among growth-focused businesses.” According to iwoca’s latest SME Expert Index, “almost two thirds (61%) of SME finance brokers report submitting over half of their… Read More

August 12, 2025 @ 12:01 am By JD Alois  |  

Blockchain firm Riva Money is reporting a $3 million Pre-Seed funding round led by Project A, alongside participation from individual investors from Monzo, JP Morgan, and Revolut. Riva was founded by former Revolut and Wise executives as they seek to “bypass banks”and enable global value… Read More

August 11, 2025 @ 9:30 pm By Omar Faridi  |  

In the evolving financial services sector, payment modernization is often framed as a technological objective and/or target—new platforms, faster transactions, and enhanced security. However, a recent discussion at The 2025 Payments Canada SUMMIT, hosted by Kristina Logue, Chief Financial Officer at Payments Canada, and featuring… Read More

August 11, 2025 @ 9:26 pm By Omar Faridi  |  

Digital identity protection app, Truyu, has launched a pilot of a free Gen AI-powered tool to “help Australians figure out if a text message might be a scam.” Anyone using the Truyu app – built by CommBank’s venture scaling arm x15ventures – can now “take a… Read More

August 11, 2025 @ 9:20 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, announced a collaboration with Ontop, the global payroll and financial platform helping companies hire, pay, and empower remote talent across over 150 countries, headquartered in the US. Through this collaboration, Ontop is enhancing its… Read More

August 11, 2025 @ 5:10 pm By Michael Wong  |  

El Salvador’s Legislative Assembly has approved comprehensive Investment Banking Law legislation establishing specialized financial institutions for high-net-worth and institutional clients. The measure passed with 55 votes during the assembly’s 68th plenary session. The law creates a regulatory framework for investment banks offering asset management, financial… Read More

August 11, 2025 @ 3:44 pm By Or Alon  |  

Over the last decade, private markets soared. Unicorns flourished, LPs [limited partners] piled in, and returns trounced public benchmarks. However, that era, marked by blind-pool trust and frictionless exits, is ending. What’s emerging is more sophisticated, more structured, and ultimately more sustainable. At the heart… Read More

August 11, 2025 @ 1:23 pm By JD Alois  |  

Private markets slowed in July, this is according to a report by S&P Global Market Intelligence. According to their numbers, total private equity and venture capital declined by almost 7% in July, dropping from $56.44 billion in June to $52.59 billion in July. When compared… Read More

August 11, 2025 @ 1:09 pm By JD Alois  |  

Capital B  ($ALCPB), a French Bitcoin treasury firm that is listed on Euronext Growth exchange, says it now holds 2201 Bitcoin, having generated 1519.5% yield year to date. Total cost of the BTC is €201.5 million at approximately €91,568 per Bitcoin. Capital B claims to… Read More

August 11, 2025 @ 12:50 pm By Omar Faridi  |  

Palmer Square Capital Management, an investment firm specializing in corporate and structured credit, has announced a significant step in its global expansion strategy with the launch of its first European Collateralized Loan Obligation (CLO) Exchange-Traded Funds (ETFs). This development marks a pivotal moment for the… Read More