July 6, 2025 @ 2:45 am By Omar Faridi  |  

UK Finance has released its submission to government ahead of the Chancellor’s Mansion House speech on 15 July and the government’s new Financial Services Growth and Competitiveness Strategy. This builds on UK Finance’s previously issued Plan for Growth and sets out ideas to “help the… Read More

July 6, 2025 @ 1:47 am By Omar Faridi  |  

In a recent update shared by Insurtech Akur8, Davide Burlon, the company’s Chief Product Officer, shared key insights on the evolving landscape of insurance pricing and reserving. As an executive at Akur8, an insurtech platform enhancing actuarial processes through transparent AI and machine learning, Burlon’s… Read More

July 6, 2025 @ 1:40 am By Michael Wong  |  

Sweden has ordered six government agencies, including the national police, tax authority (Skatteverket), and enforcement agency (Kronofogden), to ramp up efforts to seize illicit assets such as cryptocurrency, luxury items, and real estate held in corporate structures, as part of a broad crackdown on unexplained… Read More

July 5, 2025 @ 10:44 pm By Michael Wong  |  

Singapore’s central bank has imposed S$27.45 million ($20.3 million) in fines on nine financial institutions after concluding a sweeping investigation into anti-money laundering (AML) lapses tied to a major money laundering case uncovered in August 2023. The Monetary Authority of Singapore (MAS) said it had… Read More

July 5, 2025 @ 9:33 pm By Omar Faridi  |  

The United Kingdom is taking steps to bolster its fintech sector by reducing bureaucratic hurdles, aiming to cement its position as a global leader in financial innovation. The newly established Regulatory Innovation Office (RIO) is collaborating with the Digital Regulation Cooperation Forum (DRCF) to simplify… Read More

July 5, 2025 @ 8:35 pm By Michael Wong  |  

Malaysia’s central bank launched its flagship Karnival Celik Kewangan (Financial Literacy Carnival) in Tawau on Saturday, as part of a broader push to strengthen financial resilience among underbanked communities. The event was officiated with opening remarks by Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani… Read More

July 5, 2025 @ 8:18 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital, continues to solidify its position as a hub for innovation, transparency, and accessibility in financial and legal services. Two recent developments underscore ADGM’s commitment to fostering an inclusive and progressive ecosystem: the… Read More

July 5, 2025 @ 12:37 pm By Michael Wong  |  

Impossible Cloud Network (ICN), a decentralized cloud infrastructure provider, has launched its native token $ICNT on major centralized exchanges including Binance, Bybit, Kraken, Gate.io, and Bitget, following a $34 million funding round that valued the company at $470 million. The Switzerland-based firm said the token… Read More

July 5, 2025 @ 12:15 pm By JD Alois  |  

Zopa, a regulated digital bank, says it has opened a new office in Manchester with plans to hire up to 500 new employees over time. The Zopa Manchester office is expected to initially provide space for a team of over 50 employees, Zopa states that… Read More

July 5, 2025 @ 11:30 am By Michael Wong  |  

The U.S. House of Representatives will designate the week of July 14 as “Crypto Week” to advance a trio of landmark digital asset bills aimed at cementing the country’s position as a global leader in cryptocurrency innovation, Republican leaders announced. The House is set to… Read More

July 5, 2025 @ 11:30 am By Tony Zerucha  |  

While much of America heads to the beach or a backyard barbecue, payroll administrators are praying they don’t fall prey to the Triple Witching Curse. Luckily, Chime Enterprise’s (NASDAQ:CHYM) PayTV ensures everyone can enjoy their hot dog in peace. Chime Enterprise’s Jason Lee said this… Read More

July 5, 2025 @ 11:14 am By Omar Faridi  |  

In an era where digital transformation is reshaping financial services, sponsor banks and fintech companies face mounting challenges, from regulatory scrutiny to sophisticated fraud schemes. This, according to an update from Regtech Prove. Two recent developments highlight innovative approaches to these issues: strategies for sponsor… Read More

July 5, 2025 @ 11:13 am By Tony Zerucha  |  

This week, Applied Blockchain launched Silent Data, a privacy-enabled Ethereum Layer 2. Silent Data gives organizations a new way to run blockchain applications without exposing sensitive information. The launch also marks the integration of Silent Data by Archax, a UK, FCA-regulated digital asset exchange, broker, and custodian. Built by Applied Blockchain,… Read More

July 5, 2025 @ 9:14 am By Omar Faridi  |  

Real estate crowdfunding has become a powerful tool for investors seeking diversified, high-yield opportunities without the complexities of direct property ownership. Estateguru, a European platform for property-backed loans, continues to innovate and attract global investors. Recent updates from Estateguru emphasize key aspects of their operations,… Read More

July 5, 2025 @ 6:20 am By Omar Faridi  |  

Digital assets firm Binance continues to drive innovation in the blockchain and digital asset space with a series of updates. From tailored financial solutions for institutional investors to seamless crypto transfer options for everyday users, Binance is reinforcing its commitment to advancing financial inclusion and… Read More

July 5, 2025 @ 2:19 am By Omar Faridi  |  

Irish Software as a Service (SaaS) Regtech Fenergo has announced 300 new jobs at its global headquarters in Dublin. This is said to be part of a €100 million Research, Development & Innovation (RD&I) expansion plan supported by Enterprise Ireland. In addition to the new… Read More

July 5, 2025 @ 2:15 am By Omar Faridi  |  

Digital assets platform Kraken has recently made significant strides in expanding its offerings, strengthening its compliance framework, and aiding law enforcement in combating crypto-related crime. These developments, announced in late June and early July 2025, underscore Kraken’s commitment to bridging traditional finance with the crypto… Read More

July 5, 2025 @ 2:13 am By Omar Faridi  |  

Circle (NASDAQ:CRCL), the issuer of the regulated dollar-based stablecoin, USDC, has been making significant strides in 2025. The company recently completed a successful initial public offering as it aims to become the leading regulated stablecoin product in the US. Circle’s recent updates reaffirm its commitment… Read More

July 5, 2025 @ 2:07 am By Omar Faridi  |  

Ripple has announced a new milestone for the XRP Ledger (XRPL) ecosystem: the XRPL EVM Sidechain mainnet is officially live. This launch is said to be a significant step in bridging the XRP Ledger’s renowned efficiency with Ethereum’s smart contract capabilities, unlocking new opportunities for… Read More

July 5, 2025 @ 2:05 am By Michael Wong  |  

Qatar is positioning itself as a regional hub for open banking and Islamic Fintech, supported by robust regulatory frameworks, advanced API infrastructure, and strategic partnerships, according to the latest Islamic Finance Report by the Qatar Financial Centre (QFC). The report outlines how Doha is building… Read More