April 17, 2026 @ 12:32 pm By Omar Faridi  |  

On April 16, 2026, Grinex—a cryptocurrency exchange registered in Kyrgyzstan but deeply connected to Russian financial networks—suspended all operations after suffering a large-scale cyber intrusion. The platform stated that hackers had drained user assets worth approximately $15 million, equivalent to more than one billion Russian… Read More

April 17, 2026 @ 10:54 am By Tony Zerucha  |  

Northern Trust (Nasdaq: NTRS) has entered into an agreement with Digital Asset Holdings (Digital Asset) to support the development of custody capabilities for tokenized financial assets. This integration will advance Northern Trust’s broader digital asset strategy as the firm continues to evolve its asset servicing… Read More

April 17, 2026 @ 10:31 am By Omar Faridi  |  

Wallace Finance, an AI-powered fintech platform, has joined forces with Alpaca to roll out a trading platform designed specifically for everyday investors. The new service brings advanced direct indexing and fully customizable ETF tools to retail users, allowing them to build, tweak, and share highly… Read More

April 17, 2026 @ 8:22 am By Tony Zerucha  |  

Galileo Financial Technologies, SoFi’s technology platform (NASDAQ: SOFI), this week announced that SoFi, N.A. is offering instant bank transfers via the FedNow Service powered by Galileo’s payment technology. The new capability lets SoFi members move money in seconds between their SoFi accounts and their accounts… Read More

April 17, 2026 @ 7:45 am By Omar Faridi  |  

There’s an ongoing race to adopt artificial intelligence and many UK financial institutions are discovering a harsh reality. A successful proof-of-concept is not the same as genuine enterprise readiness. According to a new analysis published by UK Finance, the industry’s heavy emphasis on isolated AI… Read More

April 17, 2026 @ 7:23 am By Tony Zerucha  |  

This week, Robinhood (NASDAQ:HOOD) pledged to reach one million people with financial education through classroom-based programming by 2030. The classroom-based pledge encompasses the impact of Robinhood’s financial education initiatives reaching various groups including grade school and college students, teachers, current and former professional athletes, community… Read More

April 17, 2026 @ 7:00 am By Omar Faridi  |  

Bitcoin faced a demanding start to 2026, posting one of its most challenging quarterly results in over 15 years of trading history. According to NYDIG’s latest analysis, the cryptocurrency dropped over 22 percent during the first three months, with the bulk of losses occurring in… Read More

April 17, 2026 @ 6:18 am By Tony Zerucha  |  

SolvaPay, an AI payments platform based in Stockholm, this week announced $2.8 million in pre-seed funding to build out its new payment infrastructure platform. The funding was led by European Fintech VC Redstone and Silicon Valley-based MS&AD Ventures, with participation from Antler and Greens Ventures,… Read More

April 17, 2026 @ 5:21 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has joined forces with research and technology partners at the Turing Institute and Plenitude Consulting to create a synthetic dataset designed to enhance the fight against money laundering. This initiative tackles a long-standing obstacle in financial crime prevention: the… Read More

April 17, 2026 @ 2:20 am By Omar Faridi  |  

ClearBank, a provider of real-time clearing and embedded banking solutions, has marked its tenth anniversary with another seemingly solid performance, securing its third straight year of profitability in the UK. The company reported robust expansion in 2025, driven by higher fee-based earnings and a sharp… Read More

April 17, 2026 @ 2:19 am By Omar Faridi  |  

Funding Circle Holdings plc (LSE: FCH), the United Kingdom’s platform for financing small and medium-sized enterprises, has successfully renewed and enlarged its primary funding arrangement for its FlexiPay division. The new facility totals £320 million, an increase from the prior £240 million limit, and now… Read More

April 17, 2026 @ 12:34 am By Omar Faridi  |  

Small and medium-sized enterprises across the UK are navigating persistent cash flow challenges, according to insights from specialist lender iwoca. A recent survey of more than 1,000 SME owners reveals widespread vulnerability, with many operating on limited financial buffers and struggling with irregular income streams… Read More

April 16, 2026 @ 11:19 pm By Omar Faridi  |  

Ripple Labs has joined forces with Kyobo Life Insurance to launch the country’s inaugural tokenized government bond settlement system powered by blockchain technology. The collab represents Ripple’s initial venture with a Korean insurance provider and marks a pivotal advancement in building robust, institution-level digital asset… Read More

April 16, 2026 @ 10:15 pm By Tony Zerucha  |  

Brickflow, a digital marketplace addressing how brokers source and secure specialist finance, this week added Pallas Capital to its growing panel of lender partners. The partnership provides brokers using the Brickflow platform with enhanced access to Pallas Capital’s development and bridging finance solutions, further strengthening… Read More

April 16, 2026 @ 3:58 pm By JD Alois  |  

Crowdcube, the first securities crowdfunding platform to launch in the UK and now operating in continental Europe, is touting its service as now providing a “full menu” of both primary and secondary securities offerings. This is an adjustment to market realities as investors want alternatives…. Read More

April 16, 2026 @ 3:43 pm By Tony Zerucha  |  

Belmoney, a European Remittance-as-a-Service (RaaS) provider, is partnering with RwandaCash, a financial services provider for the Rwandan diaspora. The partnership transforms RwandaCash from a Belgian-licensed operator into a fully EU-enabled digital remittance platform powered by Belmoney’s regulated infrastructure, PSD2 licensing, and API-first technology stack. Remittances… Read More

April 16, 2026 @ 3:30 pm By Omar Faridi  |  

Payments Canada reports that it is making significant progress with its Real-Time Rail (RTR) initiative, positioning Canada for a modern payments landscape where instant transactions become the norm. In its latest quarterly update for Q2 2026, the organization highlighted significant strides in expanding the ecosystem… Read More

April 16, 2026 @ 3:18 pm By Omar Faridi  |  

DTCC is focused on its cloud-priority initiative, aiming to upgrade its essential market systems and digital asset platforms for greater innovation, durability, and protection against cyber threats. On April 15, 2026, the Depository Trust & Clearing Corporation (DTCC)—the post-trade infrastructure provider for global finance—unveiled advancements… Read More

April 16, 2026 @ 12:42 pm By JD Alois  |  

This post on X distributed yesterday generated a good number of views. It includes a 2014 letter to the US Internal Revenue Service (IRS) that highlights the poor state of the US tax code. Donald Rumsfeld, an old pol who passed away in 2021, who… Read More

April 16, 2026 @ 12:25 pm By Tony Zerucha  |  

  Gradient Labs has successfully applied Artificial Intelligence (AI) further and faster into customer service than most fintechs. The key to its success, co-founder and CEO Dimitri Masin said, is to provide a better and faster result that leaves customers more satisfied than they’d be… Read More