April 7, 2025 @ 9:57 pm By Omar Faridi  |  

The INX Digital Company, Inc. announces that it has entered into an arrangement agreement with OpenDeal Inc., a company better known as Republic, in connection with a transaction that values the company’s equity at up to $60 million (assuming the Rollover Share Limit is achieved)…. Read More

April 7, 2025 @ 6:26 pm By Omar Faridi  |  

Nearly three-quarters of financial technology startups fail within their first three years due to preventable regulatory compliance issues, according to a new industry report. The research study, released by Los Angeles-based Hare Strategy Group, analyzed five years of data from over 400 fintech ventures and… Read More

April 7, 2025 @ 4:33 pm By Omar Faridi  |  

As the highly-anticipated US presidential election draws nearer, 49% of American retail investors are planning to or have already “adjusted” their investment portfolios based on what they think will happen. This, according to an extensive update shared by investing and trading platform eToro. According to… Read More

April 7, 2025 @ 3:15 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and drives growth for merchants, announced that it has signed a partnership with Revolve Group, Inc. (NYSE: RVLV), the fashion retailer for Millennial and Generation Z consumers. Shoppers in the U.S. will soon be able to… Read More

April 7, 2025 @ 3:12 pm By Omar Faridi  |  

Chime, the San Francisco-based consumer fintech and one of the largest digital-only financial services providers in the U.S., has reportedly postponed its initial public offering (IPO), originally slated for 2025. The decision, highlighted in a CNBC report, comes as Silicon Valley grapples with plunging valuations… Read More

April 7, 2025 @ 12:00 pm By JD Alois  |  

Innovate Finance, an association that advocates on behalf of the Fintech industry in the UK, has issued a statement calling on the UK government to create a National Anti-Fraud Centre to battle the financial fraud crisis. The cost of payments fraud is said to be… Read More

April 7, 2025 @ 11:41 am By JD Alois  |  

The Securities and Exchange Commission’s Crypto Task Force, created by interim SEC Chairman Mark Uyeda, has revealed its agenda for its next Crypto Roundtable. Led by SEC Commissioner Hester Peirce, the Task Force aims to work with industry participants and other insiders to chart a… Read More

April 7, 2025 @ 11:19 am By Omar Faridi  |  

FIS (NYSE: FIS), a global enabler of financial technology, announced that its Premium Payback solution has been chosen to power the real-time rewards redemption process for Bilt. Launched in 2021, Bilt is the enabler of a payments and commerce network that transforms housing and neighborhood… Read More

April 7, 2025 @ 11:08 am By Omar Faridi  |  

The financial services sector is witnessing a key shift as artificial intelligence (AI) adoption accelerates, prompting innovative responses from industry professionals. Canapi Ventures, a fintech investment firm, has launched its inaugural Generative AI Council to bridge the gap between AI founders and the complex financial… Read More

April 7, 2025 @ 10:18 am By Omar Faridi  |  

Elliptic, the global enabler of digital assets decisioning, is pleased to announce the integration with the layer 1 blockchain MANTRA into its suite of screening and investigation compliance solutions. The integration connects blockchains into a unified financial network that is monitored in real time, enabling… Read More

April 7, 2025 @ 8:44 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) issued a statement on stablecoins declaring they are not securities and thus not regulated by the agency. The SEC, Division of Corporate Finance, said that as long as the stablecoin is tied to the dollar and does… Read More

April 7, 2025 @ 8:00 am By JD Alois  |  

Digital asset platform Fasset has partnered with Dinari to tokenize $1 billion of US equities, which are available to investors, according to a company statement. Fasset is a Dubai-based blockchain firm. Dinari, through its blockchain-based tokenization technology, aims to enable investing in anything from anywhere…. Read More

April 7, 2025 @ 7:14 am By Omar Faridi  |  

Digital assets firm OKX has noted that regulatory compliance is a top priority for them. As the crypto industry evolves, OKX claims that they “remain committed to meeting and exceeding regulatory standards.” They work closely and on an “ongoing basis with regulators to ensure their… Read More

April 7, 2025 @ 7:12 am By Omar Faridi  |  

UK Fintech Wise (LON: WISE), which has become known for its focus on low-cost international money transfers, is exploring a step toward joining the FTSE 100, the UK’s stock index. The company announced it has been “extensively consulting with shareholders on the optimal listing arrangements,”… Read More

April 7, 2025 @ 7:11 am By Omar Faridi  |  

XXImo, the European mobility payments platform, has migrated its infrastructure to Amazon Web Services (AWS) with the support of cloud services provider CloudNation. With this step, XXImo sets a standard as one of the “first” companies worldwide to move 100% of their card processing “to… Read More

April 7, 2025 @ 7:10 am By Omar Faridi  |  

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

April 6, 2025 @ 11:41 pm By Omar Faridi  |  

Estateguru noted that Estonian buy-to-let investors have become increasingly active in recent months. Estateguru also mentioned that instead of targeting the local market, many are focusing on the Latvian capital, Riga. According to Daniil Aal, Chief Operating Officer at the digital financing platform Estateguru, this… Read More

April 6, 2025 @ 11:11 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that the UK’s Financial Conduct Authority (FCA) has approved the application of its UK subsidiary, Galaxy Digital UK Ltd, a license to execute derivatives trading through its London office. This approval marks an expansion of Galaxy’s global trading… Read More

April 6, 2025 @ 11:02 pm By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

April 6, 2025 @ 10:38 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced the expansion of its Digital Asset Platform with the launch of its Digital Asset Data Insights product, designed to securely and efficiently “deliver both on- and off-chain data across… Read More