March 9, 2025 @ 5:13 pm By Omar Faridi  |  

authID (Nasdaq: AUID), a provider of biometric identity verification and authentication solutions, released an extensive new whitepaper detailing innovative approaches to combat the rising threat of deepfakes related fraud in digital authentication systems. The whitepaper, titled “Deepfake Countermeasures,” provides insights into deepfakes as the next… Read More

March 9, 2025 @ 4:38 pm By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) took action to affirm that a range of cryptocurrency activities are permissible in the federal banking system. The previous administration had sought to deter regulated banks to participate in crypto affiliated activities. The OCC published Interpretive… Read More

March 9, 2025 @ 2:24 pm By Omar Faridi  |  

In a move signaling a shift in corporate treasury management, Brazilian Fintech Méliuz has embraced a new strategy to allocate a part of its overall cash reserves to Bitcoin, with the potential to make the leading cryptocurrency its primary treasury asset. Announced this past Thursday… Read More

March 9, 2025 @ 1:33 pm By Tony Zerucha  |  

Fintel Connect’s new report 2025 Cost-Per-Acquisition Benchmarking Guide For Financial Services: How to Drive Growth and Optimize Spend analyzes the different parts of a financial institution’s cost-per-acquisition strategy (CPA) while providing tips for maximizing value. An important consideration is ensuring you compare apples to apples;… Read More

March 9, 2025 @ 12:53 pm By Omar Faridi  |  

Layer 1 blockchain Sui unveiled a collaboration with World Liberty Financial, a Donald J. Trump-inspired decentralized finance (DeFi) protocol, which is said to be rooted in their shared vision for a “more open and transparent” financial ecosystem. As WLFI and Sui begin to explore product… Read More

March 9, 2025 @ 12:36 pm By Michael Wong  |  

Blockchain-powered sustainability platform IMPT.io has unveiled a worldwide campaign called #ExploreResponsibly that encourages travelers to adopt more eco-conscious habits and offset their carbon footprints. Starting in the Philippines and expanding globally, the initiative is designed to raise awareness of environmental challenges in tourism while rewarding… Read More

March 8, 2025 @ 4:23 pm By Omar Faridi  |  

A recent report from blockchain security and analytics firm Chainalysis  highlights the escalating threat of damaging cyberattacks in the web3 and cryptocurrency sector and offers an extensive blueprint for virtual currency exchanges to strengthen their defenses against these malicious activities. The research report leverages insights… Read More

March 8, 2025 @ 4:20 pm By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital, a specialist investment firm targeting payments, software, and business services investments in the financial services sector. With this transaction, Corsair will now reportedly acquire a majority stake in… Read More

March 8, 2025 @ 4:16 pm By Omar Faridi  |  

Tuum, a core banking provider, is pleased to announce its new status as a Mastercard Digital Activity Service Provider (DASP), which will reportedly enable seamless integration with the Mastercard Digital Enablement Service (MDES). This latest partnership announced by Fintech firm Tuum aims to empower both… Read More

March 8, 2025 @ 4:14 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, announces the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, the world’s largest crypto derivatives exchange. This latest integration enables traders to hold their assets in a regulated banking institution with “institutional-grade” security, while “accessing the… Read More

March 8, 2025 @ 4:10 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced that Accenture Ventures has invested in Aaru, creators of the AI-powered prediction engine that simulates consumer behavior and preferences, driving “stronger” customer experiences, new growth opportunities as well as “speed-to-market.” As part of this collab, Accenture Song reportedly intends to integrate… Read More

March 8, 2025 @ 4:08 pm By Tony Zerucha  |  

Lili, a financial platform designed for small business owners, announced this week that Lili Connect is available to eligible entrepreneurs who are not U.S. residents, a key milestone in Lili’s emerging global footprint. Through Lili Connect, corporate formation services partners can now offer their customers… Read More

March 8, 2025 @ 11:33 am By Omar Faridi  |  

Seventy-six percent of US consumers are reportedly cutting back on spending, up from 67% in 2024, according to findings from the Wells Fargo Money Study. For adults in the first half of their financial lives, these numbers are even higher, with “82% of Gen Z… Read More

March 8, 2025 @ 11:22 am By Omar Faridi  |  

Lloyds Banking Group, which is one of the United Kingdom’s largest FIs serving a large and diverse customer-base, is set to cut hundreds of permanent IT jobs in the UK while simultaneously hiring engineers for similar roles in India, according to a recent FT report…. Read More

March 8, 2025 @ 10:55 am By Omar Faridi  |  

Digital assets exchange Kraken, officially known as Payward Inc., is reportedly targeting an initial public offering (IPO) in the first quarter of 2026, according to a recent Bloomberg report. This announcement from Kraken comes on the heels of a significant shift in the U.S. regulatory… Read More

March 8, 2025 @ 10:22 am By Omar Faridi  |  

Maple Finance announced that Bitwise Asset Management, a crypto specialist asset manager with $12B+ in client assets, has made its  institutional allocation leveraging DeFi through Maple, a key milestone in the adoption of on-chain credit by institutional allocators. This marks a pivotal step as institutional… Read More

March 8, 2025 @ 9:53 am By Omar Faridi  |  

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More

March 8, 2025 @ 9:51 am By Omar Faridi  |  

Global Fintech Klarna is gearing up for an initial public offering (IPO) in the United States, with reports indicating the Swedish company could file publicly as early as next week. The move, which follows a confidential filing with the U.S. Securities and Exchange Commission in… Read More

March 8, 2025 @ 9:48 am By Tony Zerucha  |  

Fireblocks, an enterprise platform for managing digital asset operations and building businesses on blockchain, has launched its Cyber and Operational Resilience (COR) Compliance Package. This suite is designed to help financial institutions meet their obligations under the new Digital Operational Resilience Act (DORA), which came… Read More

March 7, 2025 @ 7:45 pm By JD Alois  |  

House Finacial Services Committee leaders have sent a letter to SEC Acting Chairman Mark Uyeda asking him to reverse harmful rules impacting crypto enacted during the Biden Administration. Chairman of the Committee French Hill, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial… Read More