March 28, 2025 @ 8:46 am By Omar Faridi  |  

Marking the tenth year of the NatWest Accelerator, NatWest is announcing its plan to expand its support to UK businesses by offering 10,000 entrepreneurs the chance to join its Accelerator community in 2025, while setting out a long-term strategy to “support the UK’s growth goals… Read More

March 28, 2025 @ 8:40 am By Omar Faridi  |  

UK Finance, a trade association for the UK banking and financial services sector, joined forces with Which?, a consumer advocacy group, to issue a compelling call to action in a letter addressed to the Chancellor of the Exchequer and the Home Secretary. This rare collaboration… Read More

March 28, 2025 @ 8:37 am By Omar Faridi  |  

Bitcoin Suisse is pleased to announce the addition of RedStone (RED) and Berachain (BERA) to its trading and custody offering. Effective immediately, Bitcoin Suisse clients can trade and “securely” store RED and BERA, expanding their access to a range of digital assets. By integrating RedStone… Read More

March 28, 2025 @ 8:34 am By Omar Faridi  |  

Cryptocurrency has evolved from a niche concept to a global financial phenomenon, with adoption rates soaring across continents. According to a recent analysis, research findings, and updates shared by Bitpanda Technology Solutions, approximately 562 million people—6.8% of the world’s population—now own crypto assets as of… Read More

March 28, 2025 @ 6:05 am By Omar Faridi  |  

Stable Sea, a stablecoin liquidity and orchestration company that facilitates stablecoin offramping to global markets, announced a $3.5 million funding round led by Kindred Ventures with participation from Ludlow Ventures, DFS Lab, The Venture Dept. and The Fintech Fund. The proceeds from the funding round… Read More

March 27, 2025 @ 2:34 pm By Omar Faridi  |  

BlackRock (NYSE: BLK) has gone live with a “customizable” public-private model portfolio within a Unified Managed Account (UMA). The models are powered by GeoWealth’s UMA technology and supported by iCapital’s underlying technology capabilities.” The launch marks the “first” time a customizable model portfolio that includes… Read More

March 27, 2025 @ 2:32 pm By Omar Faridi  |  

Circle is pleased to announce that USDC and CCTP V2 are now live on Linea, reportedly making it the “first” blockchain to upgrade from Bridged USDC Standard to native USDC. According to stablecoin issuer Circle, this latest milestone enhances liquidity, security, and capital efficiency for… Read More

March 27, 2025 @ 12:44 pm By JD Alois  |  

Online investment platform CrowdStreet is bucking a bit of a trend and moving its headquarters from Austin Texas to New York City. In recent years, there have been many reports about companies exiting high-tax states like California and relocating to low-tax states like Florida and… Read More

March 27, 2025 @ 12:29 pm By JD Alois  |  

Lloyds Banking Group has partnered with Cambridge Spark to improve its AI capabilities across its senior management teams. Founded in 2016 by Dr. Raoul-Gabriel Urma, Cambridge Spark is a digital skills education provider. In a company statement, Lloyds said its “Leading with AI” program will… Read More

March 27, 2025 @ 12:10 pm By JD Alois  |  

The Securities and Exchange Commission has continued its retreat from regulation by enforcement regarding digital asset firms by ceasing its enforcement action against crypto exchange Kraken. Also known as Payward and Payward Ventures, the Commission said the case was dismissed with prejudice, which means permanently…. Read More

March 27, 2025 @ 10:43 am By JD Alois  |  

Private equity (PE) caught some traction in 2024 as investments and exits finally reversed their two-years of declines. Like most capital, the challenging economic environment impacted capital markets in the past few years. Yet according to a recent report by Bain, things could turn around… Read More

March 27, 2025 @ 10:23 am By JD Alois  |  

Zilch is highlighting that the Financial Times has declared it the fastest-growing Unicorn in the UK. According to the company, Zilch is a payments Fintech that has experienced 300% compound annual growth over the last three years. Earlier this year, Zilch was recognized by the… Read More

March 27, 2025 @ 9:49 am By Omar Faridi  |  

Equifax (NYSE: EFX) has launched a new solution, The WorkNumber Report Indicator, enabled by the Equifax Cloud to empower lenders by delivering a  Equifax credit report with an indicator of “employment status earlier in the mortgage qualification process.” The current lending environment requires a fuller view… Read More

March 27, 2025 @ 8:31 am By Omar Faridi  |  

In a move to help lenders leverage open banking enabled consumer-permissioned transaction data, Experian announced the launch of Cashflow Score. The solution is the latest in a list of products that may be used to make lending decisions and provides “up to 25% lift in predictive… Read More

March 27, 2025 @ 7:29 am By Omar Faridi  |  

TransUnion (NYSE: TRU) announced it completed a FedRAMP Ready assessment for TruValidate solutions for government, which help public agencies interact with American public users to help protect against fraud. The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides “a standardized… Read More

March 27, 2025 @ 6:29 am By Omar Faridi  |  

Stripe, the financial infrastructure platform for businesses, announced that CLEAR—an identity verification platform trusted by over 30 million customers—is moving its payments and billing to Stripe. CLEAR is known for its flagship membership, CLEAR Plus, which uses biometrics to “speed up identity verification at airports.”… Read More

March 27, 2025 @ 6:28 am By Omar Faridi  |  

Block (NYSE: XYZ), the fintech co-founded by Jack Dorsey, announced a significant workforce reduction, laying off 931 employees—approximately 8% of its total staff. Known for its subsidiaries Square, Cash App, and TIDAL, Block framed the layoffs as a strategic move to enhance organizational efficiency rather than… Read More

March 27, 2025 @ 6:27 am By Omar Faridi  |  

Akur8, the artificial intelligence (AI)-based pricing solution dedicated to insurers, announces today that the Covéa Group, an insurance provider in France, has chosen its platform to optimize its pricing processes. This collaboration will enable Covéa to accelerate its pricing cycles, enhance the “accuracy of its… Read More

March 27, 2025 @ 6:26 am By Omar Faridi  |  

The rise of cryptocurrency has not only disrupted traditional finance but also presented new avenues for illicit activity. However, as detailed in Chainalysis’ report, the transparency of blockchain technology has both advantages and certain drawbacks. Chainalysis explained in the update that while criminals move billions… Read More

March 27, 2025 @ 6:25 am By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-Money Laundering (AML) and Client Lifecycle Management (CLM), announced that it has partnered with Aduro Advisors, LLC, a  US-based fund administrator serving venture capital and private equity firms. This collaboration reinforces Aduro’s commitment to… Read More