Global

May 30, 2026 @ 12:58 pm By Omar Faridi  |  

Equifax has indicated that US consumer debt climbed to an unprecedented $18.19 trillion by March 2026, according to the latest insights from Equifax’s Market Pulse First Quarter U.S. Consumer Credit Trends report. This figure marks a 2.8% increase from the previous year, highlighting sustained borrowing… Read More

May 30, 2026 @ 11:16 am By Omar Faridi  |  

Checkout.com has become a direct scheme member and official partner of BLIK, Poland’s mobile payment platform. This underscores the payments provider’s commitment to localizing its offerings in various European markets. BLIK stands out as one of the region’s widely adopted payment solutions, reportedly being relied… Read More

May 30, 2026 @ 8:38 am By Omar Faridi  |  

Kaspersky has indicated in a report that cybercriminals continue to favor low-tech, high-impact methods centered on stealing and misusing credentials. A global analysis from Kaspersky Security Services underscores this reality: in 2025, techniques involving password guessing and the abuse of valid accounts proved among the… Read More

May 29, 2026 @ 6:02 pm By Omar Faridi  |  

NatWest has entered into a partnership with Cleareye.ai, a provider of artificial intelligence tools tailored for trade finance, to overhaul its trade processing systems and significantly bolster its defenses against financial crime. This collaboration signals a major push toward digital transformation in an industry still… Read More

May 29, 2026 @ 4:46 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) and Kalshi have been approved to offer perpetual crypto futures trading. In a series of updates, the Commodity Futures Trading Commission (CFTC) announced that “certain crypto asset perpetuals” will be allowed via a no-action letter. Coinbase Financial Markets (CFM), a subsidiary of Coinbase,… Read More

May 29, 2026 @ 2:42 pm By Omar Faridi  |  

A research study by FTSE Russell highlights the accelerating shift of private markets into mainstream portfolios among wealthy US based investors. The 2026 U.S. Wealth Pulse Survey underscores how younger generations, particularly Millennials, are driving this trend with their appetite for higher-risk, longer-term opportunities. While… Read More

May 29, 2026 @ 11:36 am By Omar Faridi  |  

Cboe Global Markets has secured approval from the US Securities and Exchange Commission (SEC) to introduce extended trading sessions for a carefully chosen group of multi-listed single-stock options. This development represents a notable expansion in options market accessibility, set to begin on July 13, 2026, following… Read More

May 29, 2026 @ 7:47 am By Omar Faridi  |  

Grayscale Investments, a digital asset management firm, has decided to temporarily suspend its ongoing plans for making its public debut. The company, recognized for managing large-scale cryptocurrency investment vehicles such as its Bitcoin Trust ETF, had taken initial confidential steps with regulators toward the end… Read More

May 29, 2026 @ 3:03 am By Omar Faridi  |  

Business sentiment across the UK demonstrated a cautious improvement in May, according to the Lloyds Business Barometer. Overall confidence rose by three points to 47%, marking a tentative stabilization following April’s dip. While still below the 12-month average of 48%, the figure remains well above… Read More

May 29, 2026 @ 1:47 am By Omar Faridi  |  

PitchBook has indicated in a research report that North American venture capital assets under management (AUM) are projected to expand from approximately $1.5 trillion at the end of 2025 to $2 trillion by 2030, representing a 30% increase at a compound annual growth rate (CAGR)… Read More

May 28, 2026 @ 6:46 pm By Omar Faridi  |  

AI adoption is surging in 2026 but Fintech platforms like Klarna  (NYSE:KLAR) have been known to make short-sighted business decisions. In the past year, many Fintechs including BNPL provider Klarna made the hasty decision to cut many of its staff members, while citing AI advancements… Read More

May 28, 2026 @ 5:49 pm By Omar Faridi  |  

The Apple Watch from Apple (NASDAQ:AAPL) and the tech giant’s Fintech focused products are facing significant and truly unprecedented competition as digital transformation continues to disrupt the global economy and related financial services. Once considered to be a leader in the smartwatch market, Apple is… Read More

May 28, 2026 @ 2:13 pm By Omar Faridi  |  

PitchBook has indicated that during the first quarter of 2026, the seven major publicly traded alternative investment firms—often called the Big Seven—faced notable market pressures but demonstrated resilience. The researchers at PitchBook have also explained that private equity returns turned negative for the first time… Read More

May 28, 2026 @ 1:10 pm By Omar Faridi  |  

McKinsey& Company has recently examined the growth of neobanks and various Fintech challengers. The report from McKinsey spotlights the growth and profitability of neobanking platforms. The latest Global Banking Annual Review from McKinsey & Company draws attention to a clear shift underway in financial services…. Read More

May 28, 2026 @ 1:05 pm By Omar Faridi  |  

Polymarket is now more focused on requiring users to verify their identities. This move comes as the platform deals with increased risks that are said to be related to international sanctions, ineffective geographic restrictions, and broader legal uncertainties. Once known for its pseudonymous trading model… Read More

May 28, 2026 @ 1:05 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) has recently shared seemingly promising results and key research findings from Project Agorá, highlighting how tokenization of central bank reserves and commercial bank deposits could significantly streamline wholesale cross-border payments. This public-private initiative demonstrates that programmable platforms leveraging tokenized… Read More

May 28, 2026 @ 12:17 pm By JD Alois  |  

Subsidiaries of Aave Labs have gained approval from the UK Financial Conduct Authority to operate as a crypto exchange in the UK. Push Labs Limited and Push Virtual Assets Limited have secured the approval alongside an existing Electronic Money Institution (EMI) authorization. Stani Kulechov, Founder… Read More

May 28, 2026 @ 11:10 am By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC) has revealed a significant expansion of its digital asset initiatives, announcing an integration between its forthcoming tokenization service and the Stellar public blockchain. This move, detailed in a key update this month, now marks an important milestone in… Read More

May 28, 2026 @ 8:57 am By JD Alois  |  

Last year, the European Union (EU) announced a new scale-up fund to support early-stage, private ventures. The fund is expected to launch next month and will target late-stage deep tech, including AI, quantum, biotech, semiconductors, and more. The EU has struggled to develop innovative, young… Read More

May 28, 2026 @ 8:13 am By Omar Faridi  |  

ClearBank Europe has unveiled its Digital Asset Rails, a groundbreaking solution designed to revolutionize cross-border settlements by enabling programmable liquidity. The platform is operational, supporting clients in handling international payment transfers with seamless 24/7 fiat payouts in euros through SEPA Instant. Plans are now said… Read More