Tuesday, July 1, 2025

The One Big Beautiful Bill Passes Senate in Tight Vote
The One Big Beautiful Bill (HR 1) , the Trump Administration’s tax and spend legislation, has squeaked by the Senate in a vote of 51 to 50. Three Republicans voted no, compelling Vice President JD V...

Majority of Organizations Not Ready to Protect Against AI-Augmented Cyber Threats : Accenture
As artificial intelligence (AI) radically reshapes business, a vast majority of organizations (90%) are not adequately prepared to secure their AI-driven future, according to a new report from Accentu...

Tax Scams Surging; Reports Up 62% in 2025: Kaplan Group Report
Post-pandemic economic strain and increased digitization are two reasons behind a years-long surge in tax scams, a new report from the Kaplan Group suggests. The Kaplan Group analyzed 1,384 tax scam r...

Brazil : Banco Central do Brasil Provides Key Policy Updates and Focuses on Financial Innovations
The Banco Central do Brasil (BCB), Brazil’s central bank, has recently announced a series of significant updates that confirm its commitment to fostering financial stability, transparency, and innov...

OCC Report Highlights Significant Risks in Federal Banking System
The Office of the Comptroller of the Currency (OCC) reported the key issues facing the federal banking system in its Semiannual Risk Perspective for Spring 2025. The OCC reported that the strength of...

Binance Announces Updates to Enhance Security and Enable Practical Digital Assets Use-Cases
Digital assets platform Binance continues to make significant moves in advancing blockchain technology, enhancing security, and expanding the practical use of crypto-assets. Recent developments highli...

Coinbase to Enable 24/7 and Perpetual-Style Futures Trading in the US
Coinbase (NASDAQ:COIN) has rolled out a series of updates to its futures trading offerings, culminating in the planned launch of US Perpetual-Style Futures on July 21, 2025. These initiatives, driven ...

Citigroup Examines How Financial Institutions May Adapt to a Digital Global Economy
In an era defined by rapid technological advancements and shifting economic landscapes, Citigroup’s recent reports offer a roadmap for how financial institutions, businesses, and governments can ada...

Wealthtech Addepar to Address Wealth Transfer Trends and Demand for Tech-Driven Solutions
The wealth management landscape is undergoing a seismic shift, driven by an intergenerational wealth transfer and the increasing demand for sophisticated, technology-driven solutions. Addepar, a glo...

Man Allegedly Converts $1,700,000 Worth of Fake Checks and Fraudulent Wire Transfers Into Bitcoin After Multiple Scams
A central New York man is currently in custody for turning $1.7 million worth of fraudulent checks into Bitcoin (BTC). According to official District of Rhode Island court documents, Tushal Rathod has...

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Tuesday, July 1, 2025

June