Global

May 31, 2025 @ 3:08 pm By Omar Faridi  |  

The Banco Central do Brasil (BCB) announced a significant update to its regulatory framework, aimed at bolstering financial inclusion and modernizing access to banking services across Brazil. This move reflects the BCB’s ongoing commitment to fostering a more inclusive, efficient, and accessible financial system, particularly… Read More

May 31, 2025 @ 3:05 pm By Omar Faridi  |  

Blockdaemon announces institutional support for ZKsync and the ZKsync stack. In a new blog post, the digital assets and blockchain- focused firm confirmed its support for institutional ZKsync Stack solutions. Since 2024, Blockdaemon has been providing ZKsync nodes with significant uptime and reliability. Now, Blockdaemon… Read More

May 30, 2025 @ 3:55 pm By Omar Faridi  |  

Payment technology firm, Tribe Payments, has announced a strategic partnership with global Treasury Operating System (TOS), Finmo, to deliver integrated, end-to-end payment and treasury services to banking and fintech clients across key growth markets – notably Asia-Pacific (APAC) and Europe. The partnership combines Tribe’s issuer… Read More

May 30, 2025 @ 3:44 pm By Omar Faridi  |  

FX hedging specialist, MillTech, has launched a new cash management solution, in partnership with BlackRock’s CacheMatrix, to help investment managers and global corporates “optimise their excess cash.” Its solution automates cash investments and enhances returns “through direct access to an integrated marketplace of tier-1 money… Read More

May 30, 2025 @ 3:36 pm By Omar Faridi  |  

In the face of ongoing economic uncertainties and looming tariff concerns, the e-commerce enablement sector experienced a significant resurgence in venture capital (VC) dealmaking during the first quarter of 2025. According to a recent PitchBook report, Q1 2025 marked the sector’s most active period since… Read More

May 30, 2025 @ 2:35 pm By Omar Faridi  |  

The level of identity fraud prevented in the first three months of the year has soared by 10%, insights from Experian reveal. Nearly £130 million of third-party fraud “was stopped by financial institutions in Q1 of 2025, up from £118 million compared to the same… Read More

May 30, 2025 @ 2:34 pm By Omar Faridi  |  

Global venture capital investments developed robustly in the first quarter of 2025. This is shown by the new Venture Pulse from KPMG, for which the global venture capital market is regularly evaluated. Global investments reached a new high in the first three months of the… Read More

May 30, 2025 @ 2:33 pm By Omar Faridi  |  

Investment firms licensed by the MFSA are expected to update their policies and procedures to be in line with EU rules and guidelines, particularly on their advisory processes “linked to customers’ sustainable preferences.” These expectations correspond with one of the MFSA’s priorities “to increase awareness… Read More

May 30, 2025 @ 12:16 pm By Omar Faridi  |  

Starting January 1, 2026, the UK will implement stringent new tax regulations for cryptocurrency firms under the Organization for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF). These rules, enforced by His Majesty’s Revenue and Customs (HMRC), aim to enhance tax transparency, curb tax… Read More

May 30, 2025 @ 12:13 pm By Omar Faridi  |  

Circle, the issuer of USD Coin (USDC), is making significant strides to enhance the security and efficiency of global financial transactions. Two recent developments—the introduction of a graph-based approach to blockchain fraud prevention and the launch of the Circle Payments Network (CPN)—highlight Circle’s commitment to… Read More

May 30, 2025 @ 12:12 pm By Omar Faridi  |  

In a recent report titled Global Economic Outlook & Strategy: The Global Imprint of U.S. Tariffs — Calm Before the Storm, Citi Research, led by Chief Economist Nathan Sheets, provides a sobering analysis of the global economic landscape in 2025, with a particular focus on… Read More

May 30, 2025 @ 8:24 am By Omar Faridi  |  

The majority of industrial organizations estimate their financial losses caused by cyberattacks at “over $1,000,000, while almost one in four report losses exceeding $5,000,000, and for some, it surpasses $10,000,000.” These findings were revealed in a joint study “conducted by Kaspersky and VDC Research.” A… Read More

May 30, 2025 @ 8:20 am By Omar Faridi  |  

Ethical lender Salad Money has secured a £2 million investment from Ceniarth, a family office dedicated to supporting underserved communities, marking a significant 67% increase in its existing facility agreement. This funding boost, partially backed by Fair4All Finance, a not-for-profit focused on financial inclusion, builds… Read More

May 30, 2025 @ 7:50 am By Omar Faridi  |  

PensionBee, a UK firm focused on the consumer retirement market, has found significant public support for a shareholder resolution urging Meta to address growing concerns over “how it uses personal data to power its AI systems.” The poll found that more than 50% of respondents… Read More

May 29, 2025 @ 10:48 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, launches its new investment strategy, which will see 15% of its flagship growth fund invested in private markets. This commitment supports the UK Government’s efforts to “encourage investment into national infrastructure and private companies, and reflects… Read More

May 29, 2025 @ 2:56 pm By Omar Faridi  |  

In a significant cybersecurity incident, LexisNexis Risk Solutions, a prominent data broker, disclosed that the personal information of approximately 364,000 individuals was compromised in a data breach that occurred in December 2024. The breach, which has raised alarms about the security of sensitive personal data,… Read More

May 29, 2025 @ 2:55 pm By Omar Faridi  |  

BlackRock (NYSE: BLK), the world’s leading asset manager, recently issued a notable warning about the future of Bitcoin in its updated iShares Bitcoin Trust (IBIT) filing, submitted in early May 2025. The firm, overseeing assets worth more than $11.6 trillion—greater than the combined GDP of… Read More

May 29, 2025 @ 9:40 am By JD Alois  |  

Lumio, a Fintech that raised growth capital on Crowdcube, has announced a partnership with Lloyds Bank. Lumio offers an app that aims to help people grow their money on autopilot. In 2021, Lumio raised over £1 million at a pre-money valuation of £3.5 million. The… Read More

May 29, 2025 @ 9:22 am By JD Alois  |  

Outlier Ventures says it will work with the Midnight Foundation on a privacy tech accelerator focusing on decentralized identity and financial services. The Midnight network is a privacy-enhancing blockchain project developed by Shielded Technologies. Outlier explains that privacy-enhancing technologies (PETs) are a class of advanced… Read More

May 29, 2025 @ 9:13 am By JD Alois  |  

Coinbase (NASDAQ:COIN) recently revealed that it had been the target of a hack that was enabled by certain insiders. The event embarrased the crypto exchange as it has long sought to lead the sector in security and safety. Today, Irdeto, a Dutch cybersecurity firm, says it has… Read More