OnEMI Technology IPO Opens Tomorrow: GMP, Price Band, and Analyst View
OnEMI Technology Solutions is launching a ₹925.92 crore (~$112 M) IPO on April 30, priced between ₹162 and ₹171 per share. The issue comprises a fresh issue of ₹850 crore (~$102 M) and an offer‑for‑sale of ₹75.92 crore (~$9 M) to boost the capital of its lending subsidiary Si Creva Capital Services. The company reports a nine‑month revenue of ₹1,583 crore (~$191 M) and net profit of ₹199.27 crore (~$24 M), with FY 2025 net profit up 140.9% YoY. Grey‑market trading shows a modest ₹4 premium, and analysts value the post‑issue P/ABV multiple at 1.6×.
The Fintech Landscape of the Middle East: Kuwait in 2026
By 2026 Kuwait is leveraging its oil wealth to accelerate a digital financial transformation under Vision 2035. The Central Bank of Kuwait has rolled out a regulatory sandbox, open‑banking standards and is studying a CBDC, while national payment network KNET fuels...
Former FCA Interim CEO to Lead Government Digital Markets Efforts
The UK government has created a Wholesale Digital Markets Champion role to accelerate tokenised wholesale finance and modernise payments regulation. Chris Woolard, former interim FCA chief and EY partner, will lead the effort, fostering public‑private collaboration. A £1 million (≈$1.25 million) grant...
Report Finds AI Integration Gap and Risks in Financial Services
A new Cambridge Centre for Alternative Finance report finds that over 80% of financial‑services firms have deployed AI, but most use it for back‑office efficiency rather than business‑model transformation. The study highlights a significant cyber‑risk gap, with 48% of respondents...
Ripple Emerges as Institutional Coinbase Amid Infrastructure Shift
Hidden Road puts Ripple at the direct broker level alongside FalconX. That is where the biggest institutional liquidity flows happen. Add RLUSD, XRP liquidity, and a federal banking license and Ripple becomes the institutional version of Coinbase, built for treasury...
Hong Kong Mandates Electronic Payment Options in Taxis to Improve Passenger Convenience
Hong Kong’s Transport Department has mandated that all 46,000 licensed taxis offer at least two electronic payment options—one QR‑code based (e.g., Alipay, WeChat Pay) and one non‑QR method such as Octopus or credit cards—effective 1 April 2026. The rule aims to streamline...
Bank South Pacific Appoints Ray Naicker as Group CIO to Spearhead AI‑driven Transformation
Bank South Pacific announced Ray Naicker will replace Richard Nicholls as Group Chief Information Officer, reporting to CEO Mark Robinson and slated to start in Q3 2026. The move signals a push for AI‑enabled services and a broader digital overhaul of...
TCS and ASX Go-Live with CHESS Release 1
Tata Consultancy Services (TCS) and the Australian Securities Exchange (ASX) have successfully gone live with Release 1 of the CHESS Replacement Project, a cornerstone of ASX’s digital transformation. The new clearing solution, built on TCS BaNCS and the Quartz Gateway, is...
Tether Freezes $344 Million in USDT Tied to Iran, OFAC Expands Sanctions
Tether, in coordination with the U.S. Treasury’s Office of Foreign Assets Control, froze more than $344 million in USDT linked to Iran’s Central Bank. Blockchain analytics firm Chainalysis mapped the complex network of brokers, intermediary wallets and DeFi bridges used to...
EU's 20th Sanctions Package Bans Russian Crypto Exchanges, Stablecoins and Digital Ruble
The European Union unveiled its 20th sanctions package, imposing a total sectoral ban on Russian crypto exchanges, prohibiting ruble‑pegged stablecoins and the nascent digital ruble. The measures hit 20 Russian banks, four third‑country entities and a Kyrgyz exchange linked to...
Accelerate AI Transformation: Huawei Unveils 4-Win Model to Empower Financial Institutions
During its Global Financial EcoWeek in Dongguan, Huawei introduced a 4‑Win collaboration model and an upgraded RONGHAI program to help banks move AI from pilot projects to core operations. The model orchestrates Huawei’s ICT backbone, independent software vendors’ vertical AI...
India's WealthTech Startups Expand Long‑Term Advisory Access
🇮🇳WealthTech Sherpas for financial goals: Explore how #India's #WealthTech startups are evolving to meet growing demand for accessible, long-term financial advisory solutions. The Hindu @BusinessLine. #FinTech #financialliteracy https://t.co/UdtWZB1L78
ABA Says Big Tech Tax Gap Putting Payments at Risk
The Australian Banking Association (ABA) warned that a widening tax and regulatory gap between banks and multinational tech firms threatens the stability of Australia’s payment systems. In 2025 Australian banks paid roughly US$10.6 billion in taxes, while Meta, Apple and Google...
OpenAI Partners with Customers Bank to Slash Loan Times and Boost Efficiency
Customers Bank, a $25.9 billion asset lender, has inked a multiyear partnership with OpenAI to embed AI engineers and automate lending, deposits and payments. The initiative promises to shrink commercial loan cycles from up to 45 days to about seven and...
Coinbase Partners with Nium to Broaden USDC Payouts for Banks and Businesses
Coinbase announced a partnership with payments‑technology firm Nium to enable banks and businesses to send, receive, convert and spend USDC, the market’s second‑largest stablecoin. The deal follows Coinbase’s recent conditional approval for an OCC trust charter, positioning the exchange to...
Senate Nears May Markup of Crypto CLARITY Act Amid Lummis Push and Industry Ultimatum
U.S. Senator Cynthia Lummis announced that the Senate Banking Committee will likely markup the Digital Asset Market CLARITY Act in May. The timeline is being accelerated by a coordinated industry letter from more than 120 crypto firms and a looming...
LendingClub Q1 2026 Loan Originations Jump 31% to $2.7 Bn, Fueling B2B Fintech Surge
LendingClub announced that first‑quarter 2026 loan originations climbed 31% to $2.7 bn, surpassing guidance and driving a four‑fold increase in pretax income. The results underscore accelerating demand for B2B‑focused fintech services and set a high bar for the rest of the...
SoFi Technologies Inc (SOFI) Q1 2026 Earnings Call Transcript
SoFi Technologies reported a record Q1 2026 with adjusted net revenue of $1.1 billion, up 41% year‑over‑year, driven by strong lending and fee‑based businesses. Loan originations hit an all‑time high of $12.2 billion, including a $8.3 billion personal loan record, while membership grew...
Giving Agents the Ability to Pay
Stripe introduced Link’s wallet for agents, letting AI‑driven personal assistants request one‑time virtual cards or Shared Payment Tokens to complete purchases. Consumers approve each spend request through the Link web portal or iOS/Android apps, keeping raw payment credentials hidden. The...
EP251: Amazon's New Payment Trap: What Every Seller Needs to Know
Amazon will begin automatically deducting advertising costs from seller disbursements on August 1 2026, replacing separate invoices. The change eliminates the 30‑45‑day credit window sellers previously enjoyed, directly shrinking cash inflows. As a result, sellers must reassess cash‑flow projections, tighten inventory planning,...
Polymarket Seeks End to CFTC Trading Ban
Polymarket has formally asked the Commodity Futures Trading Commission to lift the ban that prevents U.S. customers from accessing its prediction‑market platform. The company has been “technically banned” in the United States since a 2022 settlement that included a $1.4 million...
AMC Deploys Prisma Prop Tech Resident Portal Platform Across Portfolio of Managed Multifamily Communities
Apartment Management Consultants (AMC) has rolled out Prisma Prop Tech’s resident portal and payments platform across its portfolio of more than 900 multifamily communities. The unified solution offers digital rent payments, credit‑building, rewards, fraud protection, and two‑way messaging integrated with AMC’s property‑management...
From Promise to Practice: Shaping Open Finance Policy with Our Smart Data Accelerator
The Smart Data Accelerator ran two TechSprints from November 2025 to February 2026, engaging 17 firms to prototype open‑finance solutions for mortgages and SME financing. Participants demonstrated how shared, trusted data can improve loan readiness, over‑payment decisions, cash‑flow management and...
Kalshi on Insider Trading: Not Just Regulators' Problem
Kalshi, a regulated U.S. prediction‑market exchange, is tackling insider‑trading concerns by deploying pre‑emptive engineering controls that block flagged participants before trades execute. The firm now automatically bars athletes from wagering on their own sport and cross‑checks users against the IC 360...
Google and Mastercard Contribute Agentic Commerce Standards to FIDO Alliance
The FIDO Alliance announced two new technical working groups to create open standards for AI‑agent authentication and commerce. Google donated its Agent Payments Protocol (AP2) and Mastercard contributed its Verifiable Intent framework to the Payments Working Group. The Agentic Authentication...
Everything Is AI Now. And It’s Reshaping Banking Core Cloud Contracts
Banks are confronting a new reality as artificial intelligence moves from a peripheral tool to the core of their operations. Legacy cloud contracts, originally negotiated around storage, uptime and predictable compute, no longer accommodate the massive compute and data‑flow demands...
Pirum Appoints Renato Lima as CRO to Drive Global Revenue Growth
Pirum announced Renato Lima as its new chief revenue officer, tasking him with leading global revenue operations across EMEA, North America and APAC. The hire comes as the firm’s Complete, Connected Lifecycle platform processes over $6.5 trillion in daily transactions and...
UK DWP Signs £508k TransUnion Deal as One Login Rollout Stalls
The UK Department for Work and Pensions has awarded a £508,000 (≈$635,000) contract to TransUnion to validate pension payment bank accounts and provide knowledge‑based authentication, even as the GOV.UK One Login platform has not yet been fully integrated for State...
World Financial Group Appoints Steven Webster as COO to Accelerate Agent‑first Technology Rollout
World Financial Group, a Transamerica subsidiary, announced Steven Webster as its new chief operating officer. Reporting to President Michael Brodeur, Webster will lead technology‑driven scaling for the firm’s 92,000 independent agents. The hire signals WFG’s push to deepen its agent‑first...
Block Launches Bitkey 2.0 Crypto Wallet with OLED Touchscreen for $250
Jack Dorsey's Block introduced the Bitkey 2.0, a $250 hardware crypto wallet featuring an OLED touchscreen that lets users verify and authorize every security‑critical operation. The device is open for preorder, signaling Block’s push to make crypto custody more consumer‑friendly.
Thunes and WireBarley Launch Real‑Time Payments for 1.1 Million Asian Users
Thunes and WireBarley announced a strategic collaboration that enables real‑time, cross‑border payments for 1.1 million users across seven sending countries and 520 payout corridors. The partnership taps Thunes' Direct Global Network to give WireBarley's customers faster, lower‑cost remittance options in markets...
SEC and CFTC Unveil ‘New Day’ Token Taxonomy, Paving Way for On‑shore Crypto
SEC Chair Paul Atkins and CFTC Chair Mike Selig announced a joint token taxonomy and a supervised on‑chain sandbox at Bitcoin 2026, marking a coordinated regulatory reset for U.S. on‑shore crypto. The framework classifies digital assets into five categories and...
Liquid Scoops Up $18M Seed Round
Liquid announced the closing of an $18 million Series Seed round, co‑led by Neo and Left Lane Capital. The round also included Haun Ventures, K5 Global, SV Angel, AntiFund, Sunflower Capital, and returning investors Paradigm and General Catalyst. Liquid’s platform enables...
Cashless Payments Increasingly Adopted Across Emerging Markets, Report Reveals
The Bank for International Settlements reports cashless payments are expanding faster in emerging markets than in advanced economies. Per‑capita cashless transactions in EMDEs rose 21% to 242 last year, while advanced economies saw a 6% increase to 579. Credit transfers...
Stablecoin BaaS Replaces Traditional Banking Stack
🚨 JUST IN: Former PayPal CEO David Marcus just unveiled a stablecoin banking product for businesses and AI agents. Stablecoin balances. Yield. Payments. Cards. All chain-native, all behind an API. This is Banking-as-a-Service but onchain. --- Banking-as-a-Service is getting rebuilt on stablecoin rails. The...
Vernon Building Society Partners with FintechOS to Power New Mortgage Platform
Vernon Building Society has teamed with FintechOS to launch a unified mortgage platform built on FintechOS 8. The solution runs above Vernon’s legacy core, eliminating the need for a costly system replacement while covering the full origination workflow. Powered by no‑code...
Financial Trade Group Creates Stablecoin Certificate for Treasury
The Association for Financial Professionals (AFP) has partnered with treasury‑software firm Kyriba to introduce a four‑module stablecoin certificate, launching in June 2026. The program aims to equip corporate treasurers, CFOs and other finance leaders with practical guidance on stablecoin risks,...
The Bloomberg Terminal Is Getting an AI Makeover
Bloomberg is piloting a chatbot‑style AI layer called ASKB for its Terminal, aiming to cut through the platform’s expanding data deluge. The beta, built on multiple large language models, lets users craft natural‑language queries and workflow templates that synthesize earnings,...
To Lead or Not to Lead: Banks Can't Take Payments Dominance for Granted
Banks risk ceding their historic payments dominance unless they proactively shape the on‑chain finance transition. While stablecoin transaction volumes are frequently inflated, banks have only modestly progressed beyond tokenized‑deposit pilots, with just one institution offering a live stablecoin service. Regulatory...
Payments Have Become a Make-or-Break Facet of Small Businesses
Small business owners approaching retirement face a critical hurdle: outdated payment systems that deter younger buyers. A Zelle survey shows 88% view faster payments as essential, yet fewer than one‑third have modernized their checkout infrastructure. More than two‑thirds say obsolete...
How AI Is Quickly Overhauling One Segment of SBA Lending
Artificial intelligence is reshaping SBA small‑dollar lending as Live Oak Bank pilots Cascading AI's loan‑origination platform. The bank originated $56 million in Q1 and projects annual originations to exceed $750 million once the AI system halves processing time to seven‑ten days. Cascading...
Developers of Telegram's Crypto Wallet Launch Agentic Wallets
The Open Platform’s infrastructure arm, TON Tech, launched Agentic Wallets on the TON blockchain, an open‑source, non‑custodial standard that lets AI agents hold and spend funds autonomously. Users create a dedicated wallet per agent, set a spending budget, and can...
Ostium Launches Institutional Hedging Layer
Ostium Labs unveiled a decentralized execution layer that routes net directional flow from its Arbitrum‑based real‑world asset perpetuals protocol to institutional hedging partners such as Jump and prime brokers. The redesign transforms the public liquidity pool into an intraday lending...
Kyriba Brings USDC Digital Dollars Into Corporate Treasury
Kyriba is one of the largest and most important players in managing and automating corporate treasury infrastructure for several thousand companies including many of the Fortune 100. Their integration of USDC and Circle infra into their platform unlocks digital dollars for...
Caesars to Add New Jersey, Completing 27-Jurisdiction Wallet
Caesars expects to integrate New Jersey into its universal sportsbook digital wallet shortly, the final of 27 live jurisdictions
France’s CB and the New Battle for European Payments Sovereignty
France’s domestic card scheme Cartes Bancaires (CB) is reviving its role amid growing scrutiny of Europe’s reliance on US payment networks. Under CEO Philippe Laulanie, CB is promoting co‑badging, allowing cards to work on both the French network and Visa...
CLI Now a Baseline for Fintech After Mercury Launch
Oooo @mercury just launched their CLI The day after they got their conditional OCC Charter Having a CLI is becoming tablestakes for finance companies https://t.co/GYqdxxD6lP
Universal Multi‑Currency Account Empowers Every Platform
Years of work to get to this point. Now every platform can operate the most powerful dollar (and multi-currency) account for all their users and stakeholders. Time to change everything.
BridgeWise Taps X to Bring Social Media Sentiment Into Institutional Investing
BridgeWise announced a partnership with X to feed the platform’s social media stream into its AI‑driven investment suite. The API link converts X posts into real‑time sentiment scores using BridgeWise’s S‑Factor framework and Context Analytics technology. The new product, SentimentWise,...
Agent Payments Protocol Joins FIDO to Boost Secure Standards
We’re donating Agent Payments Protocol to the FIDO Alliance to support the future of secure, agentic payments. https://t.co/USTxadi1Cn < great to see this. Companies are quickly coalescing around solid open standards.