April 1, 2025 @ 8:47 pm By Omar Faridi  |  

OKX, a cryptocurrency exchange and Web3 technology company, has been making several key announcements in 2025, reinforcing its position as a global service provider in the blockchain and digital assets ecosystem. From appointing a new Chief Legal Officer to expanding its footprint across Europe and… Read More

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

April 1, 2025 @ 8:40 pm By Omar Faridi  |  

Consumer Fintech Chime has recently announced two transformative updates aimed at enhancing user experience and expanding its reach. On March 31, 2025, Chime introduced Chime+, a premium membership tier with various new features in a redesigned app, alongside the launch of Chime Workplace, a financial… Read More

April 1, 2025 @ 4:34 pm By JD Alois  |  

Goldman Sachs (NYSE:GS), the partner powering the Apple Card, has wanted to exit its relationship with Apple (NASDAQ:AAPL) for quite some time now. Several years back, Goldman had big aspirations to utilize technology and leverage in-house expertise to power the future of mass financial services…. Read More

April 1, 2025 @ 3:31 pm By JD Alois  |  

DealMaker, an online capital formation enabler, says it processed over $96 million in investments during March. This amount incorporates funds committed from 40,657 individual investors. This volume has been boosted by a single issuer. An unnamed media company that is “expanding its community ownership model.”… Read More

April 1, 2025 @ 3:23 pm By JD Alois  |  

Following its first Roundtable, the new SEC Crypto Task Force says it will hold four more meetings to discuss the developing digital asset marketplace. The following gatherings are on the agenda: April 11, 2025 – Between a Block and a Hard Place: Tailoring Regulation for… Read More

April 1, 2025 @ 3:09 pm By JD Alois  |  

During the Gensler administration, the Securities and Exchange Commission (SEC) took a hard turn towards social issues (ESG) and away from its mandate of efficient markets, capital formation, and investor protection. In fact, little or nothing was done to support facilitating capital for both private… Read More

April 1, 2025 @ 12:24 pm By Tony Zerucha  |  

A new report from the Financial Health Network said a new reporting requirement for credit unions reveals that the impact of overdraft and NSF fees is much higher than once thought. Early in 2024, the National Credit Union Administration (NCUA) mandated that credit unions with… Read More

April 1, 2025 @ 11:45 am By Omar Faridi  |  

PitchBook noted that China’s latest move to bolster its technological capabilities has arrived in the form of a 1 trillion yuan (approximately $138 billion) high-tech fund, unveiled during the 2025 Two Sessions. The report from PitchBook added that this state-backed venture capital (VC) initiative targets… Read More

April 1, 2025 @ 11:15 am By Omar Faridi  |  

Braazil’s digital bank Nubank (NYSE: NU) continues to streamline financial services in Latin America with a series of impactful updates. From various investment options to enhanced user features and strategic leadership appointments, Nubank is focused on solidifying its position as an innvoative fintech across Brazil,… Read More

April 1, 2025 @ 10:45 am By Omar Faridi  |  

On March 30, 2025, SlowMist, a blockchain security firm, reported a significant breach in the Ethereum-based leveraged trading platform SIR.trading (@leveragesir). The company’s MistEye security monitoring system detected the attack, which led to a loss exceeding $300,000 in digital assets. This incident underscores the persistent… Read More

April 1, 2025 @ 10:36 am By Omar Faridi  |  

The Clearstream partnership provides Neuberger Berman with the flexibility to adapt to market demands by enabling them to scale their services in response to interest in private market allocations shown by distributors across geographical markets. By leveraging Clearstream’s distribution, custody, and transaction services, Neuberger Berman… Read More

April 1, 2025 @ 10:00 am By JD Alois  |  

Custodia Bank and Vantage Bank have revealed the “first ever” tokenization of dollar-based demand deposits. Custodia Bank is a digital asset bank based in Wyoming, taking advantage of the state’s special purpose depository institutions (SPDIs) law. Vantage Bank is a bank based in Texas that… Read More

April 1, 2025 @ 9:44 am By JD Alois  |  

The British Business Bank has committed to an ENABLE Guarantee transaction of up to £100 million with Cynergy Bank PLC. The goal is to support its asset-based lending arm Cynergy Business Finance Limited expand its lending to UK small businesses. Cynergy offers invoice based lending… Read More

April 1, 2025 @ 9:40 am By Tony Zerucha  |  

Splitit, a provider of credit card-linked payment installments, this week announced the launch of its new fully Embedded Shopify App – Splitit Card Installments. This new app provides merchants with an all-in-one service, including credit card processing, while delivering a seamless one-click installment payment experience for consumers,… Read More

April 1, 2025 @ 9:06 am By JD Alois  |  

NewsMax (NYSE:NMAX) shares are set to move higher today after rocketing to the stratosphere in the first day of trading. NewsMax recently raised $225 million in a Reg D offering sold to accredited investors. Following the Reg D round, NewsMax pursued a Reg A+ offering… Read More

April 1, 2025 @ 8:49 am By JD Alois  |  

After setting an increase in capital gains taxes designed to fill a budget hole, the UK government has adjusted its expectations for an increase in tax revenue, dropping the amount by a whopping £23 billion. Rates are changing, going from 10% to 18% for lower… Read More

April 1, 2025 @ 8:35 am By Omar Faridi  |  

Fintech firm SumUp has partnered with FreedomPay, a global enabler of commerce-focused technologies, to strengthen their offering for retail and hospitality merchants worldwide. The partnership will aim to deliver a robust payment system with offline capability as well as hardware flexibility and enterprise level infrastructural… Read More

April 1, 2025 @ 7:35 am By Omar Faridi  |  

Backbase, the enabler of engagement banking, announced a partnership with Salt Edge, a provider of open banking solutions, to support the adoption of open banking and help banks meet compliance requirements while unlocking revenue opportunities. This collab reportedly enables Backbase customers to “integrate open banking… Read More

March 31, 2025 @ 11:32 pm By Tony Zerucha  |  

YouHodler chief of markets Ruslan Lienkha shares his thoughts on Bitcoin’s movements over the next few weeks. Bitcoin has rebounded to $87,400, its highest level in over two weeks—does this indicate a sustainable recovery, or are we still in a broader consolidation phase? From a… Read More