Sullivan & Cromwell Discusses FinCEN, OFAC Proposed Rule on Anti-Money Laundering and Sanctions-Compliance Requirements
On April 8, 2026 FinCEN and OFAC issued a joint notice of proposed rulemaking (NPR) to implement the GENIUS Act’s framework for payment stablecoin issuers (PPSIs). The NPR clarifies AML/CFT and sanctions‑compliance duties, distinguishing primary‑market activities—where PPSIs must conduct CDD, report beneficial ownership, and file SARs—from secondary‑market transactions, which are subject to broader “block, freeze, and reject” obligations. It also mandates a U.S.‑person sanctions‑compliance program for PPSIs, with strict‑liability penalties for violations. Comments on the proposal are due by June 9, 2026.
Robinhood’s Ventures Fund I IPO Draws Over 150,000 Retail Investors
Robinhood CEO Vlad Tenev announced that the IPO of the company’s first publicly traded venture fund, Ventures Fund I, attracted over 150,000 retail investors. The NYSE‑listed vehicle gives everyday traders exposure to private tech giants such as OpenAI, Stripe and...
Finance Magnates Prepares for Inaugural Singapore Summit
Finance Magnates is expanding its global event platform to APAC with the inaugural FM Singapore Summit, scheduled for May 12‑14, 2026 at Suntec Singapore Convention and Exhibition Centre. The three‑day gathering will host retail and prime brokers, banks, hedge funds,...
Banks Hedge XRP Risk with Pre‑Negotiated Contracts
High XRP prices are not a problem for banks. They write it off under Section 179 as infrastructure or software. Beyond that, most already locked in pre-negotiated contracts with Ripple. Over 1,700 NDAs reportedly signed. Those agreements let institutions buy...
BNY Mellon Deepens Crypto Foothold in Abu Dhabi
BNY Mellon just expanded its crypto services in Abu Dhabi. The world’s biggest custody bank is now going deeper into digital assets in the Middle East. TradFi adoption keeps on growing. 🚀 https://t.co/3vHekGV0FY
Bullish to Acquire Equiniti for $4.2 B, Aiming to Fuse Crypto with Traditional Capital Markets
Bullish announced a $4.2 billion deal to buy transfer‑agent Equiniti, combining $1.85 billion of assumed debt with $2.35 billion of Bullish stock. The acquisition gives the crypto exchange a regulated infrastructure to support tokenized securities and positions it for a broader institutional rollout.
JPMorgan and Ripple Execute First Tokenized Treasury Redemption
Ripple and JPMorgan just completed the first cross-border tokenized Treasury redemption on the XRP Ledger. This is a big real-world use case for on-chain Treasuries. Big institutions are now settling real money directly on blockchain. RWA momentum is speeding up. https://t.co/00UFITs8d9
Visa Unveils AI‑Powered Dispute Suite to Slash Fraud Losses for Banks and Merchants
Visa introduced a six‑product AI‑driven dispute resolution suite designed to reduce fraud losses and operational costs for banks, merchants and payment service providers. The suite leverages predictive analytics and generative AI, targeting the 106 million disputes Visa processed in 2025, a...
Figure Launches SEC-Registered Yield-Bearing Dollar Token YLDS on Stellar Network
Figure Technology Solutions introduced YLDS, an SEC-registered stablecoin that pays interest, on the Stellar blockchain. The token blends the liquidity of typical stablecoins with money‑market‑style returns, targeting regulated fintechs, neobanks and dollar‑savings platforms.
Circle France Gains AMF Approval to Offer Crypto Services Across EU Under MiCA
Circle France has secured authorization from France's financial regulator (AMF) to provide crypto custody and transfer services across the European Economic Area under the EU's MiCA rules. The approval lets the firm passport its services, extending USDC and EURC stablecoin...
D Market Elektronik Hizmetler Ve Ticaret AS (HEPS) Q1 2026 Earnings Call Transcript
Hepsiburada reported an 84% year‑on‑year increase in Q1 2022 GMV to 8.3 billion Turkish lira, driven by 63% order growth and a 27% rise in active customers to 12 million. Revenue surged 82% to TRY 1.2 billion, helped by a 92% jump in 1P...
Payoneer Global Inc (PAYO) Q1 2026 Earnings Call Transcript
Payoneer reported Q1 2026 revenue of $262 million, a 6% year‑over‑year increase, with revenue ex‑interest climbing 11% and total transaction volume surpassing $22 billion. B2B volume surged 44% YoY, while checkout volume jumped 53% following the completion of its Stripe migration. Adjusted...
TSS Inc (TSSI) Q1 2026 Earnings Call Transcript
Total System Services (TSYS) reported a solid Q1 2019 performance, with total GAAP revenue of $1.03 billion, a 4.8% year‑over‑year increase, and adjusted EBITDA margin expanding 108 basis points to 36.4%. Net revenue rose across all three segments, highlighted by an...
Oportun Financial Corp (OPRT) Q1 2026 Earnings Call Transcript
Oportun Financial reported Q1 2026 revenue of $229 million, down 3 percent, while achieving GAAP net income of $2.3 million, its sixth consecutive profitable quarter. Originations fell 11 percent, but 79 percent came from returning borrowers, improving delinquency and charge‑off metrics. The company reduced its...
Canada Committed to Real-Time Rail, Aims to Be a Point of Stability in an Uncertain World, Finance Minister Says
Canadian Finance Minister François Champagne announced the imminent launch of Real‑time Rail, a 24/7/365 national payments network slated for late 2026. He highlighted Canada’s push for open‑banking legislation to spur competition and lower consumer costs. The minister also underscored a...
Koho Close to Securing Banking Licence, Hopes to Launch Telco Product, CEO Says
Koho Financial, the Toronto‑based fintech with over 2.5 million users, is on the brink of securing a Schedule 1 banking licence after raising CAD 190 million (≈US 140 million) in equity and debt. The company reports more than CAD 200 million in revenue and has turned down two...
Old Glory Replaces Mercury for Easy LLC Banking
Mercury used to be the go-to but their onboarding has gotten harder. Old Glory is the current recommendation for LLC business banking. No affiliate link, no partnership, just consistently easy to work with. Most people are getting accounts there without...
Automated Financial Systems Appoints New CRO, COO and BI Chief to Drive AI Growth
Automated Financial Systems (AFS) announced three senior hires—Kevin Ryan as chief revenue officer, Amanda Hinski as chief operating officer and Janice Kwan as chief business intelligence officer. The appointments aim to accelerate AI‑enabled product expansion, deepen bank partnerships and sharpen...
Deutsche Bank Appoints Marie‑Jeanne Deverdun as Chief Technology, Data and Innovation Officer
Deutsche Bank has placed Marie‑Jeanne Deverdun on its executive board as Chief Technology, Data and Innovation Officer. The appointment consolidates oversight of the bank’s technology, data and innovation functions under a single leader, signaling a strategic shift toward integrated digital...
Payments Startup Fun Raises $72M Series A to Expand Global Blockchain Layer
FinTech startup Fun announced a $72 million Series A led by Multicoin Capital and SignalFire, bringing its blockchain‑enabled payments infrastructure out of stealth. The funding will fuel engineering, a Singapore office and selective acquisitions as the company seeks to grow its...
DTCC's Tokenization Platform Gains 50+ Firms, Pilot in July, Full Launch Oct 2026
The Depository Trust & Clearing Corporation announced that its tokenization platform, built by the Depository Trust Company, will start limited production trading in July 2026 and roll out fully in October 2026. More than 50 traditional‑finance and crypto firms have...
Visa Canada and RemitBee Team to Simplify Cross-Border Payments
Visa Canada has partnered with Canadian fintech RemitBee to embed Visa Direct into the remittance platform, enabling real‑time payouts to bank accounts, digital wallets and Visa cards in more than 190 countries and 150 currencies. The integration gives credit unions...
Vertex and Brinta: Advancing AI-Driven E‑Invoicing Across Latin America
Vertex announced the acquisition of Brinta, an AI‑native e‑invoicing provider focused on Latin America. The deal expands Vertex’s real‑time compliance capabilities, adding AI‑driven onboarding, data extraction and product classification. Brinta’s technology, built for the region’s complex tax environment, enables multinational...
Banks Are Building the Trust Layer AI Can’t Break
Banks, payment firms and digital platforms are moving from siloed KYC/KYB checkpoints to an “ID supply chain” model that spreads identity verification, risk signals and data across multiple participants. The shift is driven by AI agents, automated bots and embedded...
PhonePe AI Agent Cuts Payment Gateway Integration to Minutes
PhonePe unveiled an AI‑powered integration agent that lets merchants connect its payment gateway through a conversational interface, cutting setup time from weeks to minutes. The tool is aimed at small‑ and medium‑sized businesses that lack in‑house developers, allowing them to...
Rakuten: Earn $100 with New SoFi Invest Account
Rakuten has raised its promotion for SoFi Active Invest, granting a $100 cash‑back bonus to new account holders who fund the account with at least $100 within 45 days. The reward is issued by Rakuten, not SoFi, and is deposited...
Google Cloud and Solana Streamline AI Agent Payments
Google Cloud and Solana have launched Pay.sh, a gateway that lets autonomous AI agents make real‑time payments using Solana wallets and stablecoins. The platform removes traditional onboarding steps—authentication, account creation, and subscription management—by exposing enterprise‑grade APIs directly to agents. Pay.sh...
FCA Probe Into Mastercard, PayPal and Visa Puts Digital Wallet Competition Risk in Focus
The UK Financial Conduct Authority has opened a competition‑law investigation into Mastercard, PayPal and Visa over the funding and usage rules of PayPal’s digital wallet. The probe, launched under Chapter I and Chapter II of the Competition Act 1998, is still at...
Former Newrez CIO Takes Same Position at Union Home Mortgage
Union Home Mortgage announced the appointment of Dino Lack as its new chief information officer. Lack brings 21 years of mortgage‑technology experience, previously serving as CIO at Newrez and senior product roles at Caliber Home Loans and LoanDepot. He will...
OpenTrade Raises $17 Million to Meet Stablecoin Infrastructure Demand
OpenTrade, a UK‑based stablecoin infrastructure platform, closed a $17 million strategic round, bringing its total capital raised to over $30 million. The funding, led by Mercury Fund and Notion Capital with participation from a16z crypto, AlbionVC and CMCC Global, gives the firm...
Disneyland Testing Move Toward a Cashless Park
Disneyland has begun a pilot that makes more than a quarter of its outdoor vending carts cashless, accepting only credit cards, Disney gift cards or mobile wallets. The shift targets pre‑packaged items like ice cream, while fresh‑food stalls still take...
Who Is Manoj Kohli, Former Bharti Airtel Executive Onboarded to Fintech Alt DRX’s Advisory Board?
Manoj Kohli, former MD and CEO of Bharti Airtel, has joined the advisory board of Alt DRX, India’s first tokenised digital‑real‑estate marketplace. Alt DRX, licensed by the Qatar Financial Centre and seeking IFSCA approval, reports an annual recurring revenue of roughly ₹35 crore (about $4.2 million)...
Bermuda Pushes Stablecoin Payments with USDC Airdrop as It Courts Crypto Firms, Regulators
Bermuda is expanding its on‑chain economy by airdropping USDC to residents and onboarding merchants to accept stablecoin payments. Premier David Burt announced the initiative at Consensus Miami, emphasizing lower transaction costs and greater financial inclusion for small businesses. The program...
RiFD Partners with Kingsbury to Scale Securitisation Infrastructure in Saudi Arabia
Saudi fintech RiFD has teamed up with UK‑based Kingsbury & Partners to scale securitisation infrastructure in the Kingdom. RiFD will supply its technology‑driven “securitisation‑as‑a‑service” platform, while Kingsbury contributes global structuring and execution expertise. The joint offering targets asset classes such...
AvidXchange Expands Embedded Payments Strategy with Ministry Brands Integration
AvidXchange has launched embedded payments within Ministry Brands’ accounting platform, which serves more than 90,000 churches and nonprofit organizations. The integration embeds the full accounts‑payable lifecycle—invoice capture, approval, and payment—directly into the existing software, eliminating the need for separate tools....
Retail Investors Secure 13 Lots in OnEMI IPO
OnEMI Technology IPO (Kissht) Allotment Out .. Link for Check👇 https://ipostatus.kfintech.com 13 lots Retail Application got 356-357 shares as i mentioned in video. https://youtu.be/J5769vjRdPY #stockmarket #ipo #ipoalert
Solana Enables Full Equity Tokenization After Securitize‑Jump‑Jupiter Deal
Along with the Securitize + Jump + Jupiter news, there is now a clear path to get all equities tokenized natively on Solana Amazing
Your Loan Officers Can’t Sell What They Can’t See | Non-Agency Lending’s Execution Gap
In this episode, host and guest Eloise Schmitz, CEO and co‑founder of Lonex, discuss why execution certainty—not just access—to non‑agency (non‑QM) mortgage products is the true competitive edge. They highlight how loan officers often lack visibility into the full range...
Democrats Block Bill, Paving Way for Digital Dollar
Senate Democrats just blocked the bill that would’ve stopped the Fed from creating a CBDC. Read between the lines... They WANT a government-controlled digital dollar. Every transaction tracked. Every purchase monitored. Less financial freedom. https://t.co/8IBwE1aOwz
Liability Requires Proving Developer Knew Intended Use
Can you hold software/DeFi developers liable for product defects? "You have to determine that the software developer knew it was going to be used like that." -- @kkirkbos 💥 https://t.co/6bvQAYco0w
Kevin O’Leary Says Wall Street’s Tokenization Boom Is All Talk without Crypto Rules
Kevin O’Leary told investors at the Consensus conference in Miami that Wall Street’s token‑ization hype will stall until Congress enacts comprehensive digital‑asset regulations. He highlighted the GENIUS Act’s rapid stablecoin adoption as proof that clear rules unlock institutional participation. O’Leary...
AI Agents Will Trade Using Programmable Stablecoins, Not Visa
When AI agents need to transact with each other, they won't use Visa They'll use programmable money Stablecoins. Smart contracts. Instant settlement. Robot money for robot economies We're building the financial system for machines, not just humans
Robinhood Offers Seniors Early Dividend Payouts via Gold
Robinhood's version of "get your paycheck early" for seniors. if you're a retiree and rely on dividends for your income, well, robinhood now gives them to you 1 month early... gated behind gold subscription.
48% of Banks Report Better Customer Experience via Real‑Time Payments
A new PYMNTS Intelligence study shows that 48% of banks and credit unions report an improved customer experience after adopting real‑time payments. The finding underscores how instant‑payment rails are becoming a strategic asset, not just a speed upgrade.
USYC Becomes World’s Biggest Tokenized Money Market Fund
Circle's USYC is the largest tokenized money market fund in the world, now over $3B in AUM.
Public Acquires Investing Education Startup in Fintech M&A
Love to see it: More big fintech M&A from @Public, acquiring an investing education startup. https://t.co/ea217OjQp0
Fasset and Tether Unveil Gold‑Backed Visa Card with 6% Cashback
Fintech platform Fasset and stablecoin issuer Tether have introduced a Visa‑network neobank card that pays up to 6% cashback in XAU₮, Tether’s gold‑backed digital asset. Tether is allocating up to $1 million in XAU₮ to fund the rewards program, signaling a...
Securitize Gains FINRA Approval, Launches Fully On‑Chain Regulated Trading for Tokenized Equities
Securitize received expanded FINRA approval for its broker‑dealer subsidiary and, together with Jump Trading and Jupiter, launched a fully on‑chain, regulated market for tokenized equities. The move consolidates custody, settlement and liquidity under a single regulated framework, aiming to accelerate...
DeFi Protocol Kelp DAO Pivots to Chainlink CCIP for Stronger Cross-Chain Security
Kelp DAO announced it will replace LayerZero with Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) as the backbone for its rsETH bridge. The move follows an April 18 exploit that drained about 116,500 rsETH, roughly $292 million, highlighting vulnerabilities in LayerZero’s messaging layer. CCIP’s...
Paytm Reports Rs 2,264 Cr Revenue and Rs 183 Cr Profit in Q4 FY26
Paytm (One97 Communications) posted Q4 FY26 revenue of ₹2,264 cr ($273 m), an 18% year‑on‑year increase, and turned a profit of ₹183 cr ($22 m) after a loss in the same quarter last year. Full‑year FY26 revenue rose 22% to ₹8,437 cr ($1.02 bn) and the...