Global

March 10, 2025 @ 9:04 am By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment solution provider, is pleased to announce its admission to the Association for Quality Assurance of Financial Services (VQF) as a recognized Self-Regulatory Organization (SRO) in Switzerland. This regulatory milestone allows Alchemy Pay to offer compliant fiat-to-crypto and crypto-to-fiat exchange services,… Read More

March 10, 2025 @ 8:59 am By Tony Zerucha  |  

UK Fintechs are among the beneficiaries from the second close of the Arāya Super Angel Fund. Valued at £18.2million, the Arāya Super Angel Fund got a £5 million boost from British Business Investments, a subsidiary of the British Business Bank. The community-powered fund will invest… Read More

March 10, 2025 @ 8:53 am By Omar Faridi  |  

DeFi Technologies Inc, a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi), is pleased to announce that it has increased its stake in Neuronomics AG, a Swiss asset management firm “specializing in artificial intelligence and… Read More

March 10, 2025 @ 8:51 am By Omar Faridi  |  

UK labor market conditions continued to weaken midway through the first quarter of 2025, according to the latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global. While declines in both permanent placements and temp billings eased, they remained “marked overall as… Read More

March 10, 2025 @ 8:49 am By Omar Faridi  |  

The number of Trojan banker attacks on smartphones surged by 196% in 2024 compared to the previous year, according to a Kaspersky report. Cybercriminals are shifting tactics, relying on “mass malware distribution to steal banking credentials.” Over the past year, Kaspersky detected more than “33.3… Read More

March 9, 2025 @ 11:27 pm By Omar Faridi  |  

On March 3, 2025, Sweden’s central bank, Sveriges Riksbank, released its latest Business Survey titled “No Strong Wind in Our Sails,” revealing a somewhat disappointing state of the Swedish economy. But this is largely consistent across Europe and even across the globe due to growing… Read More

March 9, 2025 @ 10:52 pm By Omar Faridi  |  

As the Bitcoin and crypto markets surged past a $3.2 trillion market cap, Fireblocks’ latest report underscores a deeply concerning reality: the web3 and blockchain industry’s security risks are intensifying along with its rapid growth. The research report, which includes key insights from Fireblocks (a… Read More

March 9, 2025 @ 10:34 pm By Omar Faridi  |  

On March 6, 2025, Brazil’s Central Bank, the Banco Central do Brasil, released a statement following the 259th meeting of its Monetary Policy Committee (Copom), announcing that the Selic rate—the country’s benchmark interest rate—would remain unchanged at 10.50% per year. This decision reflects a unanimous… Read More

March 9, 2025 @ 6:42 pm By Omar Faridi  |  

Nequi —the digital bank business line of Bancolombia S.A.—introduces its new integration with Payoneer Global Inc. (NASDAQ: PAYO), the financial technology company empowering small and medium-sized businesses “to transact, do business, and grow globally.” With this integration, millions of Nequi users will have the service… Read More

March 9, 2025 @ 5:52 pm By Omar Faridi  |  

Nasdaq Inc., the second-largest US stock exchange operator, has unveiled plans to introduce 24-hour trading on its flagship equities exchange, a transformative step set to launch in the second half of 2026, pending regulatory approval. Announced on March 7, 2025, by Nasdaq President Tal Cohen… Read More

March 9, 2025 @ 5:13 pm By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, released an extensive new whitepaper detailing innovative approaches to combat the rising threat of deepfakes related fraud in digital authentication systems. The whitepaper, titled “Deepfake Countermeasures,” provides insights into deepfakes as the next… Read More

March 9, 2025 @ 2:24 pm By Omar Faridi  |  

In a move signaling a shift in corporate treasury management, Brazilian Fintech Méliuz has embraced a new strategy to allocate a part of its overall cash reserves to Bitcoin, with the potential to make the leading cryptocurrency its primary treasury asset. Announced this past Thursday… Read More

March 8, 2025 @ 4:23 pm By Omar Faridi  |  

A recent report from blockchain security and analytics firm Chainalysis  highlights the escalating threat of damaging cyberattacks in the web3 and cryptocurrency sector and offers an extensive blueprint for virtual currency exchanges to strengthen their defenses against these malicious activities. The research report leverages insights… Read More

March 8, 2025 @ 4:20 pm By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital, a specialist investment firm targeting payments, software, and business services investments in the financial services sector. With this transaction, Corsair will now reportedly acquire a majority stake in… Read More

March 8, 2025 @ 4:16 pm By Omar Faridi  |  

Tuum, a core banking provider, is pleased to announce its new status as a Mastercard Digital Activity Service Provider (DASP), which will reportedly enable seamless integration with the Mastercard Digital Enablement Service (MDES). This latest partnership announced by Fintech firm Tuum aims to empower both… Read More

March 8, 2025 @ 4:14 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, announces the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, the world’s largest crypto derivatives exchange. This latest integration enables traders to hold their assets in a regulated banking institution with “institutional-grade” security, while “accessing the… Read More

March 8, 2025 @ 4:10 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced that Accenture Ventures has invested in Aaru, creators of the AI-powered prediction engine that simulates consumer behavior and preferences, driving “stronger” customer experiences, new growth opportunities as well as “speed-to-market.” As part of this collab, Accenture Song reportedly intends to integrate… Read More

March 8, 2025 @ 4:08 pm By Tony Zerucha  |  

Lili, a financial platform designed for small business owners, announced this week that Lili Connect is available to eligible entrepreneurs who are not U.S. residents, a key milestone in Lili’s emerging global footprint. Through Lili Connect, corporate formation services partners can now offer their customers… Read More

March 8, 2025 @ 11:33 am By Omar Faridi  |  

Seventy-six percent of US consumers are reportedly cutting back on spending, up from 67% in 2024, according to findings from the Wells Fargo Money Study. For adults in the first half of their financial lives, these numbers are even higher, with “82% of Gen Z… Read More

March 8, 2025 @ 11:22 am By Omar Faridi  |  

Lloyds Banking Group, which is one of the United Kingdom’s largest FIs serving a large and diverse customer-base, is set to cut hundreds of permanent IT jobs in the UK while simultaneously hiring engineers for similar roles in India, according to a recent FT report…. Read More