Acoru raised €10 million in Series A funding to advance AI-driven fraud prevention, targeting real-time detection of threats like deepfakes…
GENIUS Act Reshapes Stablecoin Ecosystem, Triggers $6.6 Trillion Deposit Migration
The GENIUS Act’s regulatory framework for stablecoins is poised to trigger a $6.6 trillion deposit shift from banks to digital…
Paxos renews federal charter bid amid stablecoin regulatory shift
Paxos resubmits application for national trust charter with OCC, leveraging progress of GENIUS Act to seek federal oversight for its…
European fintech’s IPO dilemma: Klarna’s discount listing and Bitpanda’s LSE snub highlight deep market woes
Klarna’s reduced valuation IPO and Bitpanda’s rejection of London listing reveal structural challenges in European public markets for fintech companies…
Citi executive warns interest-bearing stablecoins could trigger modern bank run
Citi’s Ronit Ghose cautions that regulatory approval for yield-bearing stablecoins could replicate the 1980s money market crisis, potentially moving trillions…
Klarna secures €1.4 billion Santander deal in strategic fintech pivot
Klarna’s latest €1.4 billion warehouse facility with Santander signals a major shift in European fintech, as BNPL gains institutional validation…
Klarna’s $26b nelnet deal signals new era for fintech scaling
Klarna’s forward flow agreement with Nelnet represents a fundamental shift in how fintechs scale while managing regulatory capital and risk.…
JPMorgan’s AI drive widens gap with smaller banks as Fed pushes for resilience
JPMorgan Chase’s deployment of AI for transaction integrity sparks a banking tech arms race, as regulators urge stress-testing against cyber…
South Korean banks drive crypto surge with stablecoin trademarks
Major South Korean banks filed trademarks for stablecoin services, triggering stock surges and signaling institutional crypto adoption amid supportive regulations.…
AI revolution in banking fraud detection faces explainability paradox
Banks are adopting AI for real-time fraud detection, with JPMorgan reporting 50% fewer false positives. However, new FFIEC rules demanding…
Qonto’s banking license bid signals fintech shift in SME finance
French fintech Qonto’s pursuit of a banking license could redefine B2B financial services, enabling lending and savings products for 600K+…
Why 58% of US banks now use both RTP and FedNow networks for instant payments
New data shows 58% of US banks are using both RTP and FedNow networks to enhance payment resilience. The dual…