February 8, 2026 @ 10:44 am By Omar Faridi  |  

In a significant restructuring move announced recently, Remitly (NASDAQ: RELY), an international money transfer service provider, has announced the closure of its research and development facility in Israel, resulting in the elimination of approximately 110 positions. This decision comes roughly three years following the company’s… Read More

February 8, 2026 @ 10:42 am By Omar Faridi  |  

In its latest economic analysis, the Commonwealth Bank of Australia (CommBank) paints a picture of a global economy entering 2026 with cautious optimism, building on the unexpected strength shown throughout 2025. Despite facing headwinds like trade disputes and international conflicts, the world economy held firm… Read More

February 8, 2026 @ 4:46 am By Omar Faridi  |  

In an effort to address New York City’s ongoing housing crisis, OakNorth, a specialist in commercial lending, has partnered with Oak Funding to extend a $78 million co-loan to real estate developer Bushburg. This financing will facilitate the purchase and redevelopment of 100 William Street,… Read More

February 8, 2026 @ 1:55 am By Omar Faridi  |  

South Korea’s cryptocurrency exchange Bithumb inadvertently distributed approximately 620,000 Bitcoins—valued at over $40 billion—to around 695 users during a routine promotional campaign. The mishap occurred when staff mistakenly credited accounts with 2,000 BTC per recipient instead of the intended modest cash prize of 2,000 Korean… Read More

February 7, 2026 @ 5:04 pm By Omar Faridi  |  

In an environment where digital security underpins global operations, a new report from Entrust reveals persistent gaps in how organizations handle their cryptographic tools. As quantum computing advances loom closer, many businesses are struggling with oversight of encryption keys and certificates, heightening vulnerabilities to data… Read More

February 7, 2026 @ 3:56 pm By Omar Faridi  |  

Mobile money services are poised for unprecedented expansion, particularly in emerging markets. According to a recent study by Juniper Research, the number of mobile money users in these regions is projected to surge to 2.2 billion by 2030, representing over 53% of the adult population…. Read More

February 7, 2026 @ 2:47 pm By Omar Faridi  |  

Digital bank bunq has indicated that the United Kingdom saw a significant uptick in shared financial transactions last year, reaching a total of £1.16 billion. According to insights from bunq, this figure, equivalent to approximately €1.34 billion, marks a 27.2% growth compared to the £909… Read More

February 7, 2026 @ 2:46 pm By Omar Faridi  |  

Starling Bank is now marketing its proprietary banking software to financial institutions in the United States. This initiative seeks to leverage the persistent reliance of many U.S. banks on aging infrastructure, allowing Starling to generate new revenue streams while addressing modernization needs in the US… Read More

February 7, 2026 @ 2:45 pm By Omar Faridi  |  

Digital bank Revolut is taking a step forward to manage its own strategy in the capital markets by expanding its internal team dedicated to secondary share sales. Rather than relying on traditional Wall Street investment banks, the company is hiring additional talent to handle these… Read More

February 7, 2026 @ 2:44 pm By Tony Zerucha  |  

Bolt, a checkout, identity, and payments company, this week announced a strategic partnership with Socure to supercharge Bolt ID, its checkout-native identity layer designed to verify real people in real time at the moment of purchase. Bolt has built an ecosystem of merchants and consumers,… Read More

February 7, 2026 @ 8:50 am By Tony Zerucha  |  

PayPal has appointed Enrique Lores as president and CEO, effective March 1. Lores, who has served on the PayPal board for nearly five years and as chair since July 2024, succeeds Alex Chriss. CFOO Jamie Miller will serve as interim CEO until Lores assumes the… Read More

February 6, 2026 @ 10:23 pm By Michael Wong  |  

Electric scooter maker SLEEK EV said it has secured an $8.5 million first close in its Series A funding round, led by KYMCO Capital and backed by more than 20 supply-chain partners from Taiwan and mainland China, as it looks to expand production and charging… Read More

February 6, 2026 @ 7:25 pm By Tony Zerucha  |  

Results of a recent survey by DeFi firm 1inch suggests sentiment among DeFi users remains positive heading into 2026, with 72% of respondents globally expressing optimism about the sector’s future. U.S. users reported one of the highest confidence levels at 83%, while sentiment across Asian… Read More

February 6, 2026 @ 5:16 pm By Tony Zerucha  |  

MassPay, a payout orchestration platform, is partnering with TaxBandits to integrate comprehensive tax compliance services directly into its platform. The integration enables MassPay customers to offer automated 1099 and 1042 form management, W-8/W-9 collection, and IRS TIN matching to their users. For businesses managing contractor… Read More

February 6, 2026 @ 5:03 pm By Tony Zerucha  |  

myTU, an AI-native, cloud-first digital bank headquartered in Lithuania, has partnered with Intrepid Fox, a London-based AI-powered Know Your Business platform, to accelerate and simplify business onboarding for companies operating across the European Economic Area. The partnership brings Intrepid Fox’s AI-driven KYB technology directly into… Read More

February 6, 2026 @ 4:21 pm By Tony Zerucha  |  

This week, Tether Investments announced a strategic investment in Gold.com, acquiring a minority ownership position and establishing a long-term collaboration to expand access to gold across digital and traditional distribution channels. As part of this investment, Tether has acquired approximately 12% of Gold.com in a… Read More

February 6, 2026 @ 1:28 pm By Tony Zerucha  |  

Oro, a social fintech platform helping employers offer homeownership and housing wellness as employee benefits, has raised $3 million in funding led by Slauson & Co., with participation from Northwestern Mutual Future Ventures and Bronze Valley. As companies face mounting challenges around employee retention and… Read More

February 6, 2026 @ 12:22 pm By Omar Faridi  |  

Gen Digital (NASDAQ: GEN) and Equifax (NYSE: EFX) have announced an enhanced partnership aimed at helping individuals navigate their financial and digital worlds with greater security and insight. This collaboration, revealed on February 4, 2026, builds on existing ties to integrate data and technology, providing… Read More

February 6, 2026 @ 12:18 pm By Tony Zerucha  |  

Vermiculus, a provider of trading, clearing and CSD technology, has successfully delivered the real-time clearing system that is now live on CERC, the main financial market infrastructure specialized in receivables in Brazil. CERC aims to make the Brazilian market of receivables more efficient, reliable and… Read More

February 6, 2026 @ 11:59 am By Tony Zerucha  |  

This week, Uniform Labs and Metalayer Ventures announced the launch of an institutional liquidity facility designed to provide instant redemption capacity for holders of tokenized real-world assets (RWAs). The facility, raised and managed by Metalayer Ventures with the support of Uniform Labs and backed by… Read More