How a Recent Announcement From One of Wall Street’s Biggest Names Could be a Complete Game Changer for Bitcoin

BlackRock’s recent endorsement of Bitcoin highlights the cryptocurrency’s potential to grow for years to come. Bitcoin‘s (BTC -0.35%) evolution over the past 15 years has been nothing short of extraordinary. If you had told someone when Bitcoin first launched in 2009 that the world’s largest asset manager would one day declare Bitcoin a portfolio necessity, they likely wouldn’t […]

Digital Payments: Mastercard and KaiOS to Streamline Payment Acceptance for SMEs in Emerging Markets

KaiOS, the operating system that brings the best of the internet to affordable devices, announced a partnership with Mastercard (NYSE: MA) to integrate a range of digital payments solutions. Mastercard and KaiOS explained in a blog post that they will aim to deliver affordable payment acceptance devices and “stimulate the growth of a more inclusive, connected […]

Ericsson and INFORM Unite to Fortify Fintech Defences

Ericsson and INFORM integrate AML and fraud management solutions into Ericsson’s Wallet Platform, bolstering security for banks and telecoms Ericsson, the Swedish telecommunications firm, and INFORM, a German provider of anti-money laundering (AML) and fraud management solutions (FMS), have announced a partnership to enhance financial services security. The collaboration aims to integrate INFORM’s RiskShield, an […]

InDebted Secures £50m in Series C Funding Round

Australian debt collection fintech valued at £350m (US$467m) as it eyes global expansion and potential acquisitions in the Middle East and South America InDebted, a fintech company specialising in digital debt collection, has raised £50m (US$66m) in a Series C funding round. The Sydney-based firm, which uses artificial intelligence and machine learning to personalise debt […]

Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines’ plan for its future

DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment Management, which has called for leadership changes. Southwest said its three-year plan will add $4 […]

First Abu Dhabi Bank and JP Morgan pilot programmable payments

Working with JP Morgan’s blockchain unit Onyx, FAB completed time-based and threshold balance-based account funding into deposit accounts to execute a payment obligation. The partners say this opens up the possibility of a dynamic and automated funding and settlement solution to FAB and JP Morgan’s mutual clients. FB says traditional cash concentration structures often lack […]

Consulting at Davies Reveals a Risk of Complacency in UK Fintechs as Firms Don’t Adopt New Tech

The majority of UK firms are more inclined to play it safe when it comes to integrating technology reveals a new report from Consulting at Davies, the professional services and tech consulting firm. In its survey of 501 senior decision-makers within UK-based financial services companies, Consulting at Davies found that 59 per cent of firms are risk averse when […]

Nvidia stock edges up as industry report predicts ‘unprecedented levels’ of investment in AI data centers

Nvidia stock (NVDA) rose more than 2% on Wednesday after an industry report projected “unprecedented” levels of investments in artificial intelligence, a bullish sign for the AI chipmaker. Consulting firm Bain’s annual technology report published on Wednesday projects that companies will need to make “unprecedented levels of investment” in technology infrastructure to stay on top […]