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

March 7, 2025 @ 7:30 pm By Omar Faridi  |  

Virtual cards are transforming the digital financial services sector by offering businesses a secure, efficient, and flexible payment solution. According to a whitepaper by Juniper Research titled The Role of Virtual Cards in Streamlining Business Payments, virtual cards are poised to transform business-to-business (B2B) payments,… Read More

March 7, 2025 @ 6:39 pm By Tony Zerucha  |  

This week’s announcement of a US strategic crypto reserve has tongues wagging across the industry. The reserve will include Bitcoin, Ether, XRP, Solana’s SOL and Cardano’s ADA. Many believe it will propel the industry forward and stimulate a bull run, but others found faults. deVere… Read More

March 7, 2025 @ 6:33 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) has reportedly acquired a team to accelerate privacy efforts on Base. According to a blog post by Coinbase, privacy is “critical for unlocking the full potential of an onchain future.” Coinbase further explained that this is why they’re “bringing on… Read More

March 7, 2025 @ 4:26 pm By JD Alois  |  

Operation Chokepoint 2.0 was a nefarious move by the Federal government to target crypto firms or firms affiliated with digital asset businesses by debanking operations. It is very difficult to run a business if you cannot hold funds and save them via the banking system…. Read More

March 7, 2025 @ 4:19 pm By Omar Faridi  |  

Kin, the direct-to-consumer, digital home insurance provider, announced it  expanded into California and offers a home insurance option for the entire state. Building upon a “positive” earnings announcement last week, this is the latest step in Kin’s mission to “provide necessary coverage in markets that… Read More