October 12, 2025 @ 11:27 am By Omar Faridi  |  

A new FSB report sets out guidelines for relevant authorities regarding how to tackle the challenges related to overseeing the adoption of artificial intelligence in the financial services industry. AI is being increasingly used by financial services providers and other industries as well because of… Read More

October 12, 2025 @ 11:24 am By Omar Faridi  |  

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

October 12, 2025 @ 8:30 am By Tony Zerucha  |  

NoFraud, an e-commerce fraud prevention provider, has acquired Yofi AI, a return fraud and policy abuse detection platform for e-commerce retailers backed by Nyca Partners, Point72 Ventures, and eBay Ventures. With Yofi AI, NoFraud is expanding beyond payment fraud to stop policy abuse at scale… Read More

October 12, 2025 @ 7:26 am By Tony Zerucha  |  

Shoppers are strategically shifting toward more gift card purchases to maintain holiday gifting traditions amid economic pressures, according to new research from Blackhawk Network (BHN), a global provider of branded payment solutions. BHN’s annual holiday forecast, which surveyed more than 2,100 U.S. consumers, reveals that… Read More

October 12, 2025 @ 7:22 am By Omar Faridi  |  

Co-founder Tarek Mansour noted that Kalshi recently raised $300M+ at a $5B valuation, led by Sequoia and a16z. Since then, he claims that they have grown more than 3x, reached $50B of annualized volume, and became the largest prediction market in the world. And now,… Read More

October 11, 2025 @ 11:06 pm By Michael Wong  |  

Hong Kong’s de facto central bank published a tentative six-month issuance schedule for institutional government bonds under its Infrastructure Bond Programme and Government Sustainable Bond Programme, outlining planned offerings in both Hong Kong dollars and offshore yuan via competitive tenders from October 2025 to March… Read More

October 11, 2025 @ 10:18 pm By Tony Zerucha  |  

Rakuten has unveiled new research conducted by Harris Poll highlighting a sharply divided outlook for holiday shopping this year. Just 28% plan to spend less, while 26% expect to spend more. This divide is even more pronounced among households with children, which are gearing up… Read More

October 11, 2025 @ 9:17 pm By Michael Wong  |  

Fireblocks said that Moomoo will integrate its Wallets-as-a-Service (WaaS) infrastructure to expand and secure the trading platform’s digital-asset offerings, in a move aimed at boosting scalability, reliability and security across Moomoo’s operations. The integration, targeted for completion by end-2025, will connect Moomoo Singapore to the… Read More

October 11, 2025 @ 9:16 pm By Tony Zerucha  |  

A new study by Maclear shows that the P2P lending sector in Europe is gaining momentum as investors look for higher yields and stronger safeguards, while small and medium-sized enterprises (SMEs) turn to crowdlending for more flexible access to capital. According to the study, European… Read More

October 11, 2025 @ 6:55 pm By Tony Zerucha  |  

Yendo, the company behind a vehicle-secured credit card, this week announced a $50 million Series B funding round. It includes investors Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Mark Cuban, and Clocktower Technology Ventures. The funding will accelerate Yendo’s expansion beyond secured lending… Read More

October 11, 2025 @ 5:22 pm By Tony Zerucha  |  

Block Street, a startup building an execution and lending layer for tokenized equities, has raised $11.5 million in strategic funding to deploy its intent/RFQ-based trading infrastructure on Monad and major EVM networks. The round was led by Hack VC with participation from Generative Venture, DWF… Read More

October 11, 2025 @ 4:19 pm By Omar Faridi  |  

NatWest has released their eleventh legal report analysing the financial performance of law firms across the UK following a survey of 110 participants. Optimism in the legal industry remains fairly high, with the majority or 84% of firms feeling generally positive about the foreseeable future,… Read More

October 11, 2025 @ 3:21 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with payroll software platform PayCaptain, enabling real-time salary payments for employees across its network of over 300 corporate clients. PayCaptain will become ClearBank’s embedded banking partner in the corporate sector, marking a key… Read More

October 11, 2025 @ 3:12 pm By Tony Zerucha  |  

Jiko, a platform built on U.S. T-bills, this week announced strategic backing by Coinbase (NASDAQ: COIN) and Blockstream Capital Partners. Alongside this investment, Jiko is entering new strategic partnerships with Crypto.com, Blockstream Capital Partners, Bitso, and Coinbase. These strategic partners will join other institutions adopting… Read More

October 11, 2025 @ 3:10 pm By Omar Faridi  |  

We recently caught up with George Kailas, CEO & Founder of Prospero, a Fintech startup with a mission to democratize access to financial markets for retail traders and investors. Prospero explains that it simplifies institutional trading behavior into more meaningful and “actionable” data-driven insights that… Read More

October 11, 2025 @ 11:25 am By Omar Faridi  |  

OnePay, a financial technology company that is owned by Walmart, is introducing Bitcoin and Ethereum trading services to its mobile app, according sources familiar with the matter and as cited by CNBC. The Fintech company is said to be working cooperatively with stablecoin and crypto… Read More

October 11, 2025 @ 10:24 am By Tony Zerucha  |  

Payment processor Thredd this week announced the introduction of One View, a fraud solution developed in collaboration with global fraud and financial crime detection firm Featurespace (a Visa solution). The solution enables card transactions and non-card payments to be intelligently monitored under one network-agnostic interface… Read More

October 11, 2025 @ 9:12 am By Tony Zerucha  |  

This week, Finzly, a provider of modern payment infrastructure for financial institutions, announced that its customers are ISO 20022-ready on FX STAR, the company’s foreign exchange and cross-border payments platform. By adopting SWIFT MX messages, Finzly’s customers join the first wave of financial institutions embracing the… Read More

October 10, 2025 @ 3:53 pm By JD Alois  |  

Financial services firms are required to issue Suspicious Activity Reports (SARs) when they suspect money laundering or other illicit activities. This includes transactions of around $10,000 or structured transactions that break up the movement of money. A bank must file a SAR no later than… Read More

October 10, 2025 @ 3:34 pm By Omar Faridi  |  

Navro, the UK Fintech that aims to simplify international payments for businesses, announces an expansion of its real-time, pay-to-bank capability – that is, the ability for businesses to send funds instantly to someone’s bank account at any time of day, “irrespective of banking hours,” with… Read More