June 5, 2025 @ 8:54 am By Omar Faridi  |  

The rise of stablecoins, digital currencies pegged to assets like the U.S. dollar, is significantly increasing demand for U.S. Treasury bills while solidifying the dollar’s position as the world’s leading reserve currency, according to a recent report by Citigroup. The report highlights how stablecoins, such… Read More

June 5, 2025 @ 8:53 am By Omar Faridi  |  

AI is making workers more valuable, productive, and able to command higher wage premiums, with job numbers rising even in roles considered most automatable, according to PwC’s 2025 Global AI Jobs Barometer, released today. The report is based on analysis of “close to a billion… Read More

June 5, 2025 @ 8:52 am By Omar Faridi  |  

Accenture (NYSE: ACN) has invested, through Accenture Ventures, in Reserv, an insurance claims processing company that complements deep claims expertise with innovative AI-driven solutions. The investment will also enable the two companies to collaborate on solutions that increase “accuracy and efficiency throughout the claims ecosystem,… Read More

June 5, 2025 @ 8:50 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution, is pleased to announce that Frank Winston Crum Insurance has selected Akur8’s core platform solution to provide them with model development, explainable insights, and accurate financial impact forecasting for pricing and reserving processes. For over 20 years, Frank… Read More

June 5, 2025 @ 8:31 am By Omar Faridi  |  

Thunes, the Smart Superhighway to move money around the world, today announced the further expansion of its Direct Global Network with the launch of direct Pay-to-Bank services in Denmark, Norway, and Sweden. This broadens Thunes’ reach into the Nordic region, “empowering Members of the Thunes… Read More

June 5, 2025 @ 8:30 am By Omar Faridi  |  

Bolt, the global shared mobility platform, today announced a strategic partnership with global payments and financial platform, Airwallex, to build a new payments system for its drivers. The new product will initially focus on digital wallets, before “scaling out additional financial services in the future.”… Read More

June 5, 2025 @ 6:32 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an innovator in global payments technology, announced that CIMB Bank, one of ASEAN’s banking groups and Malaysia’s second largest financial services provider, has “chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.”… Read More

June 4, 2025 @ 11:02 pm By Omar Faridi  |  

Since 2015, Scalable Capital has provided retail investors with access to simple and cost-effective investment options. Today, clients in Europe can invest “in ETFs, stocks, funds, bonds, cryptocurrencies, derivatives, and Private Equity.” Broker clients receive attractive interest rates “on their cash from our partner banks… Read More

June 4, 2025 @ 10:06 pm By Omar Faridi  |  

N26 announced the evolution of its premium subscription tier, “N26 You”, to “N26 Go”, a premium tier designed specifically for frequent travelers and modern explorers, giving them “access to seamless banking, saving and investing both at home and on the go.” N26 Go aims to… Read More

June 4, 2025 @ 6:57 pm By JD Alois  |  

Circle Internet Group, a leading stablecoin issuer that is well-positioned to benefit from the future of digital money, is expected to float its shares on the NYSE this week. Shares of Circle have been priced above its expected range at $31 a share, delivering a… Read More

June 4, 2025 @ 5:10 pm By Omar Faridi  |  

Checkout.com, a global digital payments provider, today announces its partnership with ASOS, the global online destination for fashion-loving customers. Operating globally, ASOS reportedly “serves a fast-moving customer base and handles a significant volume of transactions daily.” ASOS is built on knowing “what shoppers want and… Read More

June 4, 2025 @ 5:08 pm By Omar Faridi  |  

DailyPay, a worktech company and the provider of On-Demand Pay, marks a significant legislative milestone with the enactment of House Bill 1294, which regulates On-Demand Pay (also known “as earned wage access) services in Maryland.” On-Demand Pay is a critical financial tool that empowers hardworking… Read More

June 4, 2025 @ 5:05 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, will announce enhancements to its products for wealth managers during its annual INSITE conference this week. INSITE 2025 is the first time the conference will showcase various new and future… Read More

June 4, 2025 @ 4:05 pm By JD Alois  |  

Prediction markets have emerged as a novel asset class where investors may “bet” on the outcome of events. While somewhat similar to traditional securities markets, these platforms are not regulated by securities regulators but fall under the purview of the Commodity Futures Trading Commission (CFTC),… Read More

June 4, 2025 @ 3:25 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is asking for feedback on the treatment of Foreign Private Issuers. The public comment period will remain open for 90 days following publication of the concept release in the Federal Register. In brief, issuers who are based outside the… Read More

June 4, 2025 @ 3:05 pm By Omar Faridi  |  

Trump Media & Technology Group (NASDAQ:DJT), the parent company of Truth Social, has taken a notable step by filing for a spot Bitcoin exchange-traded fund (ETF) through NYSE Arca, the electronic trading arm of the New York Stock Exchange. This filing marks a pivotal moment… Read More

June 4, 2025 @ 3:03 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) has closed its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. Bitstamp was founded in 2011 and has “offices in Luxembourg, the UK, Slovenia, Singapore, and the US.” This acquisition significantly “accelerates Robinhood Crypto’s expansion worldwide.” Bitstamp holds over 50… Read More

June 4, 2025 @ 3:02 pm By Omar Faridi  |  

JPMorgan Chases (NYSE: JPM) has announced a key move to offer financing against cryptocurrency exchange-traded funds (ETFs) as of June 2025. This development allows clients to borrow against their crypto ETF holdings, a mechanism akin to margin financing in traditional markets. Investors can now leverage… Read More

June 4, 2025 @ 10:41 am By JD Alois  |  

The landscape of ETFs (Exchange-Traded Funds) has expanded significantly in recent years. Typically ETFs hold lower fees and greater liquidity than mutual funds, creative sponsors now offer a plethora of strategies with some being rather sophisticated. Covered call ETFs that focus on specific stock sectors… Read More

June 4, 2025 @ 8:32 am By JD Alois  |  

Perhaps it is a natural progression. Raisin, a European Fintech that offers comparisons and access to the best savings rates regardless of geography, will now offer its own savings product.  According to a company note, Raisin is now offering “Welcome Account” in Spain, describing it… Read More