Coinbase Stock Poised to Outpace Bitcoin as an Investment
Coinbase (COIN) is trading up 7.4% while Bitcoin (BTC) hovers around $75,800, and analysts argue the exchange’s stable‑coin earnings and Base ecosystem give it a stronger growth trajectory. With $1.35 billion in 2025 stablecoin revenue and $4.5 billion locked in its Base blockchain, Coinbase may deliver higher returns than Bitcoin’s price appreciation alone.
Low Code in Financial Services, Part 3: A Practical Example of Internal Workflow Transformation
The article illustrates how banks can replace a traditional, 8‑12‑week custom‑coded request‑intake system with a Power Platform‑based low‑code solution. It contrasts the heavy engineering effort—frontend, backend, integration, testing—with a streamlined, governed extension layer that leverages Power Apps, Power Automate, and...
Morningstar DBRS Comments on TMX Group Limited's Agreement to Acquire Cboe Australia and Cboe Canada
TMX Group announced a CAD 300 million (~USD 219 million) agreement to acquire Cboe Australia and Cboe Canada from Cboe Global Markets. The deals give TMX control of Australia’s second‑largest exchange (20.6% market share) and Canada’s third‑largest exchange (12.7% share), adding roughly CAD 112 million (~USD 82 million)...
Veriff’s Smartphone-Based IDV Earns FIDO DocAuth Certification Across 12 Countries
Veriff’s Full Auto Identity Verification (Full Auto IDV) has earned the FIDO Alliance Document Authenticity Certification, making it one of the first ID‑verification providers to clear the third‑party DocAuth framework. The certification tested Veriff’s smartphone‑driven capture of government‑issued IDs and...
New York Falafel-Taco Fusion Joint Accuses Visa, Mastercard of Price-Fixing Monopoly over Card Fees
A Westchester restaurant, Falafel Taco, filed a class‑action lawsuit accusing Visa and Mastercard of anticompetitive price‑fixing that inflates interchange fees for merchants. The complaint alleges the card networks have overcharged businesses by billions of dollars since a 2019 settlement, prompting...
Targeted Amex Offers on Hilton Cards Offering up to 136,500 Bonus Points with Enough Spend
American Express is rolling out targeted offers on select Hilton credit cards, rewarding cardholders with up to 45,500 bonus Hilton Honors points for spending thresholds as low as $4,500. The offers can be redeemed up to three times within a...
Circle Proposes Emergency Rate Changes to Unstick Aave's Frozen USDC Pool
Circle has asked Aave’s governance to overhaul the interest‑rate model for the USDC pool on Aave V3 Ethereum Core, which has been stuck at 99.87% utilization for four days following the KelpDAO exploit. The pool holds roughly $1.89 billion in both...
SoFi Enters HELOC Market Amid Home Equity Surge
SoFi Technologies announced it will begin direct home‑equity line of credit (HELOC) lending, adding the product to its existing mortgage suite. The move comes as U.S. homeowners hold over $11 trillion in tappable equity and HELOC balances have surged to $433 billion,...
Regula Analysis Finds ID Document Verification Hardest for Arabic, Chinese, Japanese
Regula’s recent analysis shows that identity‑document verification is most error‑prone for Arabic, Chinese, Japanese and other non‑Latin scripts. The study highlights lost diacritics, ambiguous field boundaries and multi‑script names as key sources of mismatches. These issues cause false rejections, fraud...
W3.io and Space and Time Launch Verifiable Data Layer for Enterprise Autonomous Finance
W3.io and Space and Time announced a production partnership that provides an end‑to‑end, blockchain‑backed data infrastructure for autonomous finance. The integrated system is already handling more than 200,000 enterprise workflows per day, giving companies a tamper‑proof audit trail from execution...
TMX Group to Buy Cboe Australia and Canada in $300 Million Deal
TMX Group announced a definitive agreement to acquire Cboe Australia and Cboe Canada from Cboe Global Markets for $300 million USD (≈$409 million CAD). The transaction will broaden TMX’s international reach, add equities and data platforms, and is slated to close in...
POSaBIT Reports Fourth Quarter and Annual 2025 Financial Results
POSaBIT Systems reported a transformative 2025, posting adjusted EBITDA of $2.55 million and boosting cash on hand to $1.8 million, a 76% year‑over‑year rise. While headline revenue fell 34.5% to $10 million, the company’s adjusted gross profit margin expanded to 80.4% after accounting...
Infinite Unveils 'Infinite Accounts' To Merge Bank and Stablecoin Payments
Infinite announced the launch of Infinite Accounts, dedicated bank accounts that operate on both traditional ACH rails and stablecoin networks. Powered by Erebor Bank, the service lets firms pay contractors, settle cross‑border transactions and manage treasury functions without juggling multiple...
Fannie, Freddie, FHA to Accept VantageScore Immediately
Federal regulators announced that Fannie Mae and Freddie Mac will immediately accept VantageScore 4.0 for mortgage loan purchases, joining HUD's move to allow modern credit measures on FHA‑insured loans. Freddie Mac has already tested $10 million in VantageScore‑based sales, and a consortium...
Justin Sun Sues Trump-Backed World Liberty Over Token Freeze, Claims Extortion
Justin Sun, founder of TRON and a leading crypto billionaire, filed a federal lawsuit in San Francisco accusing Trump‑backed World Liberty Financial of extorting him and illegally freezing his tokens. Sun also questions the project's ability to back its USD‑linked...
DoorDash to Offer Gig Workers Stablecoin Payouts
DoorDash announced that it will allow its gig couriers to receive earnings as a dollar‑pegged stablecoin through Stripe’s Tempo blockchain. The partnership aims to give drivers near‑instant access to funds, cutting the typical one‑to‑two‑day bank delay. Tempo, launched only last...
The Role of Cloud-Native Infrastructure in Payments Modernization
Banks are racing to modernize payments, but legacy systems hinder real‑time processing, increase fraud exposure, and demand costly integrations. A webinar hosted by FIS and AWS highlighted the FIS Money Movement Hub, a cloud‑native solution built on AWS that promises...
Online Financial Marketplace Munivestor Sets Summer Launch
Munivestor is set to launch a digital municipal bond marketplace this summer, allowing cities to issue bonds of $50 million or less directly to a broad pool of investors, including retail participants. The platform digitizes the issuance workflow with a 30‑day...
Paper Prepaid Cards Emerge as an Eco-Friendly Tool to Fight Hunger
CPI Card Group is donating 25,000 eco‑friendly paper prepaid cards to Street Charity, a nonprofit that serves people facing food insecurity. The cards, built on the Discover Network, can be used only at fast‑food and quick‑serve restaurants, ensuring funds go...
PNB Partners Kiwi to Launch Credit-Enabled UPI for Users
Punjab National Bank (PNB) has teamed up with fintech Kiwi to roll out a credit‑enabled UPI solution for its 180 million customers, anchored by the new PNB Kiwi RuPay credit card. The card delivers 0.5‑1.5% cashback on online purchases and supports fully...
Banorte Pushes Cashless Payments at Azteca as World Cup Deadline Nears
Mexican lender Banorte, which holds naming rights to Estadio Azteca, is racing to make the stadium fully cashless ahead of the 2026 FIFA World Cup. The bank has rolled out portable card readers and installed Banorte‑branded ATMs, but early test...
Late Stablecoin Adoption Risks Economic Obsolescence
Countries slow to adopt stablecoins will face the same problem as late internet adopters. Sending money across borders still costs 6% and takes days, while stablecoins settle in seconds for fractions of a cent with no intermediaries sitting in the...
Absa Kenya to Spend $23.2 Million a Year in Digital Banking Push
Absa Bank Kenya plans to allocate up to KES 3 billion ($23.2 million) each year to technology, cementing its digital‑banking strategy. In 2025 the bank already spent KES 2.16 billion ($16.7 million) on tech, with 94% of transactions processed outside branches, up from roughly...
Entrust Upgrades IDV as Australia Expands AML/CTF Rules to New Sectors
Entrust has upgraded its Studio biometric identity verification platform by embedding Australia’s Document Verification Service (DVS), enabling real‑time government‑backed checks of passports, driver’s licences and visas. The integration arrives as Australia expands its AML/CTF framework to include real‑estate, legal and...
Revolut Spent Zero on Marketing in Beginning, CEO Says
Revolut’s CEO Nik Storonsky revealed the fintech grew its first five‑to‑seven years without spending a single dollar on marketing, relying entirely on word‑of‑mouth referrals. The company, now valued in the billions, is focused on securing a U.S. banking licence, a...
Crypto Long & Short: Protecting the People Building DeFi Infrastructure
The DeFi Education Fund is championing the bipartisan Promoting Innovation in Blockchain Development Act (PIBDA), which would shield software developers from criminal‑code Section 1960 liability. At the same time, industry analysts argue that Ethereum’s Layer 2 roll‑up strategy has created a fragmented...
Coinbase Launches UK Crypto‑Backed USDC Loans, Offering Up to $5 Million for Bitcoin
Coinbase has rolled out a crypto‑backed lending product for UK customers, allowing Bitcoin holders to borrow up to $5 million and Ethereum holders up to $1 million in USDC. The service runs on the open‑source Morpho protocol on Base and follows a...
PhonePe Crosses 10 Bn UPI Transactions for the First Time in March
India’s UPI network recorded a record 22.64 billion transactions in March, and Walmart‑backed PhonePe crossed the 10 billion‑transaction threshold for the first time, handling 10.5 billion payments or roughly 46.4% of total volume. Its share by value rose to 49.1%, underscoring strength in...
Tech Vendors Aim New Devices at a More Complex Point of Sale
Payroc introduced Bodega AI, an artificial‑intelligence platform that automates inventory tracking and dynamic pricing for merchants handling thousands of SKUs, such as convenience and pet‑supply stores. The service adds dual‑pricing and built‑in surcharging to cut processing costs. At the same...
Compliance to Performance of Identity Verification Solutions
At Identity Week Europe 2025, Veriff’s Chief Project Technology Officer Huber Berger highlighted a industry pivot from strict compliance‑driven identity checks to performance‑focused solutions driven by rising fraud costs. He explained that firms now need risk‑based models that deliver high...
Repay Attracts $1B Takeover Offer
Repay Holdings received an unsolicited $1 billion takeover proposal from Forager Capital Management, offering $4.80 in cash per share—a 75% premium to the 30‑day volume‑weighted average price. Forager, which already owns a 13% stake, disclosed the offer in an SEC filing...
Agentic AI in Financial Services: The Ecosystem Agent Framework
Snowflake unveiled the Ecosystem Agent Framework, a unified data‑and‑AI platform that lets autonomous agents operate directly on first‑ and third‑party data without movement. By integrating Cortex Analyst, Search, Agents, and Code, the framework transforms manual data‑gathering into continuous, system‑driven workflows...
Kalshi and Polymarket Move Into Perpetual Futures, Taking On Offshore Exchanges
Kalshi and Polymarket are launching crypto perpetual futures, expanding beyond prediction markets to challenge offshore crypto derivatives exchanges. Kalshi, a CFTC‑regulated Designated Contract Market, will roll out a phased U.S. launch focused on Bitcoin and other crypto perps, later adding...
As Agentic Commerce Targets Mainstream, Who’s Going to Handle Disputes?
AI‑driven agents are poised to become autonomous shoppers, prompting fintech firms to build standardized payment protocols and control layers. While the technology promises frictionless transactions, the rise of agentic commerce raises a critical question: who will adjudicate disputes when autonomous...
ECB Fuels US‑payment Paranoia to Accelerate Digital Euro
ECB's Piero Cipollone is currently being grilled by Nicolas Veron on the digital euro in a refreshingly sharp way. Veron just pointed out that the ECB's paranoia about the US payment companies pulling out of Europe is somewhat far-fetched, to...
AI Agents and Stablecoins Shaping Payments Future
I’m really excited to share this new @AIRinnovate #podcast because it’s a glimpse of the future. Great conversation with @RkBench & @anders94 of @radiustech_xyz on AI agents, stablecoins and the future of payments. 🎧 https://t.co/aIO7MtzfTY #Fintech #AI https://t.co/yKlrDW7HWm
Supporting Fintech in the Next Phase of Innovation
At UK FinTech Week, FCA chief data officer Jessica Rusu announced the next phase of the regulator’s AI Lab, expanding compute resources through NVIDIA and Naya One and adding a live‑testing cohort that includes Barclays, GoCardless and other major firms. The...
Free Software Drives Data Value; Plaid Powers Financial AI
Value is going to flow back to data when software is free to build @Plaid is in a fantastic spot to enable financial AI services Congrats to the team and here’s to more robot money in the world 🥂
Jimmy Wales Dismisses Source, Mirrors Wikipedia's Gaps
Perfect microcosm of Wikipedia: I tell Jimmy Wales that JangaFX was written in Odin. He asks for a source. A JangaFX founder replies to him and confirms that it was. Jimmy ignores his (and my) response, while replying to later...
Russia Advances Crypto Bill that Could Pave Way for Criminal Penalties
Russia’s State Duma approved a first‑reading of draft bill No. 1194918‑8, creating a legal framework that forces crypto trading onto licensed intermediaries under Bank of Russia supervision. The legislation would let retail investors buy only the most liquid digital currencies—those with...
Kalshi Rolls Out $10 Welcome Bonus for New Traders Across NBA, NHL and MLB Markets
Kalshi, the CFTC‑regulated prediction‑market platform, is offering a $10 bonus to anyone who trades $10 on any market, with promo code DEADPREMAR or NYPMAX. The offer, available in 45 states, coincides with high‑profile NBA, NHL and MLB playoff games and...
North Korean Lazarus Group Linked to $290 Million DeFi Heist on KelpDAO
KelpDAO, a decentralized finance platform, confirmed a breach on April 18 that drained roughly $290 million. LayerZero, the underlying interoperability protocol, said evidence points to North Korea’s Lazarus Group. The hack helped wipe $13 billion from DeFi’s total value locked in the...
ClearBank Europe Secures First Dutch MiCAR Notification to Offer Digital Assets
ClearBank Europe became the first Dutch credit institution to secure a notification under the EU Markets in Crypto‑Assets Regulation (MiCAR), gaining approval from the Dutch Authority for the Financial Markets (AFM) to operate as a Crypto Asset Service Provider (CASP)....
Block and Uber Expand Partnership Across Several Global Markets
Block and Uber announced an expanded global partnership that adds Cash App Pay as a payment option on Uber rides and Uber Eats in the United States, giving Uber access to roughly 59 million monthly Cash App users. The deal also...
SMBC Americas Launches Cash Management Platform
SMBC Americas has launched SMBC Connect, a digital cash‑management platform that gives corporate treasurers real‑time visibility and customizable dashboards. The solution was co‑created with input from more than 50 treasury clients, enabling widget‑based personalization and upcoming tagging features. SMBC Connect...
WalletConnect Integrates with TradFi-Focused Chain Canton Network
WalletConnect announced integration with the Canton network, a blockchain tailored for institutional finance. The partnership, first hinted at EthCC, adds Canton’s privacy‑focused infrastructure to WalletConnect’s ecosystem of 700 wallets, 70,000 dApps and 55.5 million users. Canton processes over $8 trillion in tokenized...
KnowBe4 Selects Flywire as Global Payments Partner to Transform International Invoice-to-Cash Operations
KnowBe4 has signed a three‑year agreement with Flywire to serve as its exclusive global payments partner, replacing legacy providers for accounts receivable and cross‑border invoicing. The Flywire platform will automate KnowBe4’s end‑to‑end invoice‑to‑cash lifecycle, targeting a 95% reduction in manual...
Block Expands Uber Deals and Other Digital Transactions News Briefs From 4/22/26
Block Inc. announced a global extension of its Uber Eats integration and the rollout of Cash App Pay within Uber and Uber Eats in the United States. Paysafe Ltd. launched PaysafeWallet, a debit‑card‑enabled personal payment account now live in 18...
Asset Match Gains Approval to Operate PISCES Platform
Asset Match has received FCA approval to operate the Private Intermittent Securities and Capital Exchange System (PISCES), joining a select group of firms with regulatory clearance. The London‑based marketplace, founded in 2011, facilitates secondary trading of unquoted UK company shares...
SEC ‘on the Cusp’ of Onchain Tokenized Securities Exemption: Atkins
SEC Chair Paul Atkins told the Economic Club of Washington that the agency is on the cusp of releasing an “innovation exemption” that would let market participants trade tokenized securities on‑chain within a compliant framework. The exemption is designed to...