UK Industry Professional Calls for More Collaboration Among Banks, FIs to Combat Financial Crime

Jonathan Frost, Director of Global Advisory for EMEA at BioCatch, has noted that the UK Finance half-year report indicates that although the industry appears to be pushing back, bad actors seem to be pushing even harder and, for now, gaining momentum. Frost added that during H1… Read More

Defunct Crypto Exchange Mt. Gox Again Extends Repayment Deadline to October 2026

Defunct cryptocurrency exchange Mt. Gox announced that it will be further delaying its repayment deadline by yet another year to October 2026. This seemingly abrupt update from Mt. Gox has come just four days prior to its deadline that was initially set for October 31,… Read More

Ark Labs Introduces Arkade, a Bitcoin Scaling Layer

This week, Ark Labs launched Arkade to public beta, introducing Bitcoin’s first scaling layer for programmable finance since Lightning Network’s debut nearly a decade ago. Alongside the mainnet launch, the company announced Arkade Assets, a native asset framework designed to bring stablecoins and other tokens to Bitcoin’s execution layer, with… Read More

Custodia, Vantage Bank, Launch Tokenized Deposits for U.S. Banks

Access to tokenized deposits is now available to community and regional banks nationwide with Custodia’s bank-grade blockchain platform and Infinant’s Interlace platform. Vantage Bank, working in partnership with Custodia, invites banks and credit unions to join the consortium, which has developed a turnkey accretive solution… Read More

FUTR, Zonetail Debut Canadian AI-Powered Rent Reporting Program

FUTR (TSXV: FTRC) and Zonetail (TSXV: ZONE) this week announced a strategic partnership to launch Canada’s first AI-powered rent-reporting program, enabling renters to build credit and earn rewards simply by paying rent. Rent is the largest monthly expense for millions of Canadians, yet it rarely… Read More

Refundly Targets Returns, Refunds

Refundly has officially launched to help shoppers track online returns and know when refunds arrive. With billions of dollars in refunds going unreturned each year, Refundly helps consumers ensure they get their money back automatically. Designed by veterans in retail, e-commerce, entertainment, and tech, Refundly tracks… Read More

ShopMy Raises $70M at $1.5B Valuation

ShopMy, a curated commerce infrastructure company, has raised $70 million in funding at a $1.5 billion valuation. The round was led by Avenir, with participation from Bain Capital Ventures, Bessemer Venture Partners, and Menlo Ventures. The round is also supported by individuals and firms, including… Read More

Bybit Pay, Armenia’s Idram Announce Payment Union

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new strategic partnership between Bybit Pay and Idram, Armenia’s established financial service provider and digital payment powerhouse. Joining forces to launch comprehensive payment services in Armenia, Bybit Pay and Idram will enable users… Read More

Prove Verified Agent Targets $1.7T Agentic Commerce Market

Prove, a provider of digital identity services, has launched Prove Verified Agent, purpose-built to secure the emerging $1.7 trillion agentic commerce market. The Prove Verified Agent solution provides the trust and verification layer for autonomous agents acting on behalf of consumers and businesses, creating an… Read More

UK’s Allica Bank Announces Acquisition of Fintech Kriya

Allica Bank announced this past week the acquisition of Kriya, the SME lending Fintech specialising in SME working capital and embedded finance. The move aims to boost Allica’s SME lending proposition and sees the UK based Fintech move into the embedded payments market. The businesses… Read More



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    Amlak Sells Egypt Unit to Al Baraka as Lender Expands NBFI Portfolio

    Al Baraka Bank Egypt said it signed a final agreement to acquire full ownership of Amlak Finance Egypt SAE from Amlak Finance PJSC of the United Arab Emirates, as the lender moves to expand in real estate mortgage finance and non-bank financial services after receiving… Read More

    Tyler Winklevoss Says Binance Founder CZ Deserved to Get Pardoned, Claims His Prosecution was Politically Motivated

    Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini (NASDAQ:GEMI), has said that Changpeng Zhao (CZ), the founder of Binance, deserved to get pardoned. Winklesvoss believes that his prosecution was “politically motivated” and his punishment was “disproportionate.” IMO, @cz_binance deserved to get pardoned. His prosecution was… Read More

    Streaming Platform Rumble to Introduce Bitcoin (BTC) Tipping Feature

    Streaming platform Rumble (NASDAQ:RUM) recently unveiled a Bitcoin tipping feature that enables users to make donations directly to digital creators and online influencers in Bitcoin. The newly announced feature was introduced at the Lugano PlanB event this past Friday. Legal industry professional / commentator and… Read More

    Banking Sector Profits Potentially Facing Major Hit from AI Adoption, Report Claims

    Banking industry profit margins are potentially facing a significant $170 billion hit from the rise of AI, according a report from McKinsey. And failure to adapt to consumers’ growing usage of artificial intelligence may lead to banks losing billions of dollars in earnings, the report… Read More

    Insurance Industry Under Pressure to Boost Operational Efficiency and Improve Agility : Research

    The insurance sector is said to be undergoing a significant transformation. KPMG Ireland noted that as market dynamics continue to shift and new challenges present themselves, insurance industry professionals are under mounting pressure to improve agility, boost operational efficiency, and provide considerable cost reductions. KPMG… Read More

    LinkedIn Co-Founder Announces Acquisition of CryptoPunk NFT

    Reid Hoffman, the co-founder at LinkedIn, has announced the acquisition of  CryptoPunk NFT. He also recently updated his profile picture in order to showcase the digital collectible from one of web3 and crypto’s most prominent collections. Hoffman, an experienced technology investor and businessman, has been… Read More

    Aave Labs Announces Acquisition of San Francisco based Fintech Stable Finance

    Aave Labs has acquired Stable Finance, a San Francisco-based fintech company. This acquisition will help Aave Labs develop more consumer-focused products for decentralized finance (DeFi). As part of the deal, Stable Finance founder Mario Baxter Cabrera will now become Aave Labs’ Director of Product. The… Read More

    Tether Releases QVAC Genesis I, the Synthetic Data Set to Train STEM-Focused AI Models

    Tether Data’s AI research division, QVAC, released what it claims is the largest synthetic dataset created for artificial intelligence training under a new initiative called QVAC Genesis. This initial release, Genesis I, a collection of 41 billion text tokens, is meant to help the world… Read More

    Egypt–Saudi Tie-Up Launches Platform to Back PropTech Startups

    An Egyptian–Saudi partnership has launched a platform in Cairo to back property technology startups, aiming to speed digital adoption across Egypt’s real estate sector as the market undergoes major structural shifts, the companies said. Coldwell Banker Commercial Advantage and Modern Solutions, a subsidiary of Prime… Read More

    JPMorgan Plans to Accept Bitcoin and Ethereum as Collateral for Loans

    JPMorgan Chase & Co. (NYSE:JPM) recently noted that it will be allowing institutional customers to use their Bitcoin (BTC) and Ethereum (ETH) as a form of collateral for loans, marking a significant shift in how Wall Street’s largest banking institutions leverages digital assets as part of… Read More

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