March 20, 2025 @ 10:35 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy program, CBD says that it is setting… Read More

March 20, 2025 @ 9:36 pm By Omar Faridi  |  

The Global Synchronizer Foundation, in conjunction with the Canton Network, the public layer one blockchain network with control and privacy, today announced that Goldman Sachs, Hong Kong FMI Services Limited, and Moody’s Ratings have joined the Global Synchronizer Foundation (GSF) as its newest members. The… Read More

March 20, 2025 @ 8:45 pm By Omar Faridi  |  

Tala, the global financial infrastructure company claiming to deliver accessible financial services, is pleased to announce the closing of a $150 million debt facility with Neuberger Berman, a global investment management firm. This facility will support the company’s rapidly growing business in Mexico. Tala intends… Read More

March 20, 2025 @ 7:43 pm By Omar Faridi  |  

As institutional exposure to cryptocurrencies surge, key players are continuing to bring innovative and flexible investment products to meet this burgeoning demand. This, according to recent update from digital assets firm Gemini. Gemini is pleased to announce that they will serve as the custodian to… Read More

March 20, 2025 @ 6:40 pm By Omar Faridi  |  

Juniper Square, a firm focused on connected fund technologies and services for private markets GPs, has released “Rise of the Retail Investor: Impact on the Private Markets,” a report in collaboration with PitchBook, that explores the rise of retail investors in the private markets and… Read More

March 20, 2025 @ 5:40 pm By Omar Faridi  |  

Blockdaemon, the “institutional-grade” blockchain infrastructure company, has entered into a binding agreement to acquire expand.network, an API provider that streamlines institutional and wallet provider access to DeFi and on-chain financial activities. expand.network will reportedly facilitate Blockdaemon’s ability to connect businesses to blockchains with one integration…. Read More

March 20, 2025 @ 4:46 pm By Omar Faridi  |  

Multiply Mortgage, the financial technology company that is reportedly making homeownership accessible via employer benefits, announced it raised a $23.5 million Series A funding round, led by Kleiner Perkins. A*, Box Group, Mischief, and Workshop also participated, “bringing the company’s total funding to $27 million.”… Read More

March 20, 2025 @ 4:03 pm By JD Alois  |  

Robinhood  (NASDAQ: HOOD) has announced a new business segment with the launch of a prediction markets hub. The new vertical is operated by Robinhood Derivatives. The hub will enable trading on contracts for what the upper bound of the target Fed funds rate may be… Read More

March 20, 2025 @ 2:17 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued a statement on Proof of Work (PoW), a characteristic of some digital assets – most prominently Bitcoin. Proof of Work is a way to validate and mint new crypto. At one time, Ethereum was PoW, but it… Read More

March 20, 2025 @ 12:08 pm By JD Alois  |  

Two financial fraud experts say the Chancellor of the Exchequer, Rachel Reeves, needs to address the growing issue of financial fraud during next week’s Spring Statement. Silvija Krupena, Director of the Financial Intelligence Unit at RedCompass Labs, and Jonathan Frost, Director of Global Advisory at… Read More

March 20, 2025 @ 10:51 am By JD Alois  |  

A new platform called JikoNet aims to establish a network enabling institutions to settle high-volume transactions in real time while minimizing counterparty and liquidity risks. JikoNet leverages Jiko’s bank ledger for seamless USD transactions with instant T-bill trades and enables 24/7 real-time settlement for digital… Read More

March 20, 2025 @ 9:16 am By Omar Faridi  |  

Bitcoin Suisse is pleased to announce a collaboration agreement with SwissLedger, an initiative by the City of Lugano to establish an institutional blockchain for businesses and users in the city. Bitcoin Suisse becomes a “trusted” validator, providing infrastructure as well as organizational, operational, and technical… Read More

March 20, 2025 @ 9:14 am By Tony Zerucha  |  

Officials at Hostinger predict that many financial services jobs will be made redundant by AI and AI agents within five years. With the artificial intelligence market projected to grow from $184 billion in 2024 to $826.7 billion by 2030, businesses are rapidly adopting these technologies to… Read More

March 20, 2025 @ 9:03 am By Omar Faridi  |  

Cainam Ventures is a Fintech startup that is focused on enhancing autonomous digital asset trading. Guided by its mission to support the onramp to agentic financial portfolio construction for digital asset investors, Cainam says that it leverages artificial intelligence (AI), large language models (LLMs), and… Read More

March 20, 2025 @ 8:58 am By Tony Zerucha  |  

According to a new report from fraud prevention platform Ravelin, e-commerce merchants are bracing themselves for a significant rise in AI-powered fraud over the next 12 months. The majority (91%) of retailers, travel companies, digital goods providers, and marketplaces are worried about criminals turning to… Read More

March 20, 2025 @ 8:55 am By JD Alois  |  

The Chancellor of the Exchequer, Rachel Reeves, will address Parliament next week with her economic plan, which she will present to policymakers. The Spring Statement is expected to include numerous policy changes aiming to boost economic growth while cutting government costs and associated red tape, which undermines… Read More

March 20, 2025 @ 8:45 am By Omar Faridi  |  

Tuum, a core banking provider, has announced a partnership with ​Sumsub​, a global “​full-cycle”​ verification platform. This collaboration empowers banks, fintechs, and financial institutions to streamline customer onboarding, “meet evolving regulatory requirements, and enhance fraud prevention measures—​while​ ​removing​ friction ​from​ the user experience.” As regulatory… Read More

March 20, 2025 @ 8:07 am By Omar Faridi  |  

In a restructuring move, Santander UK, the United Kingdom based division of the Spain’s Banco Santander (NYSE: SAN), announced that it will close 95 of its 444 U.K. branches, representing roughly one-fifth of its physical network. The bank has posted a list of the impacted branches… Read More

March 20, 2025 @ 7:55 am By Omar Faridi  |  

Insights from Experian reveal the rise of ‘synthetic fraud’ in the UK. Recent analysis of confirmed fraudulent and potentially fraudulent credit applications shows that there was “an increase of 60% in false identity cases in 2024 when compared to 2023, with the cases now making… Read More

March 20, 2025 @ 7:54 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, today announced that it has expanded its partnership with Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, to the U.K. Adyen’s U.K. merchants looking… Read More