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Banking software provider Mambu has launched a platform for credit unions (CUs) in North America. Mambu aims to support credit unions migrating away from legacy bank stacks as these companies aim to modernize their banking services. Mambu states that it already has over 40 credit... Read More
Tempo, a blockchain that is focused on stablecoin payment processing, recently announced a $500 million funding round. Incubated by Stripe and Paradigm, Tempo’s Series A round was reportedly led by Thrive Capital and Greenoaks. This, according to an update this past week from Fortune, which... Read More
Pier Two, the institutional staking and infrastructure provider, announced the acquisition of Solana validator Blockport. The latest acquisition highlights Pier Two’s growing commitment to the Solana ecosystem and brings on board Blockport Co-Founders Adrian Ciaffoncini and Nik Herrmann, whose experience and focus on the Solana... Read More
Daylight has reportedly raised $75M in order to build the decentralized energy network powering the world’s most “important” commodity: electricity. This funding round helps them move faster toward an electric grid that delivers what the old one “no longer can: affordability, reliability, and abundant power.”... Read More
This week, Nuvei announced its support for the launch of Trusted Agent Protocol, a new framework developed by Visa that enables merchants to recognize and transact with trusted AI agents securely. Trusted Agent Protocol is part of Visa Intelligent Commerce (VIC), a global framework designed to help... Read More
The Financial Stability Board’s (FSB) had issued a warning this past week about what it considers to be “significant gaps” in ongoing attempts to regulate the fast-evolving crypto markets. Nick Jones, Founder and CEO, Zumo, said that it’s worth noting the FSB has said financial... Read More
Coinbase (NASDAQ:COIN) is asking the US Treasury Department to update the existing anti-money-laundering rules, claiming that ongoing innovation instead of stricter enforcement measures is the answer to dealing with the rise of illicit finance in the nasent web3 and digital assets space. Coinbase Chief Legal... Read More
A survey released by The BlackRock Foundation and Commonwealth reveals that over 54% of Americans living on low and moderate incomes (individuals from households living on low and moderate incomes ranging from $30,000 – $79,999 annually) are currently retail investors in the capital markets. Among... Read More
Payroc, a provider of payment processing solutions, now enables its U.S. merchants to accept in-person contactless payments with Tap to Pay on iPhone. With the Payroc Mobile iOS app, merchants can now accept contactless credit and debit cards, Apple Pay, and other digital wallets using... Read More
Digital bank Revolut and its backers are said to nearing the completion of a $3 billion fundraising round that reportedly values the UK-based fintech company at $75 billion. Revolut has now started informing investors about the allocation of shares they will be receiving as part... Read More