Goldman Sachs and BNY Implement Share Tokenization with Blockchain
Goldman Sachs and BNY collaborate on blockchain to tokenize money market funds. This initiative aims to enhance competitive edge against…
FinTechs Urge Trump to Support Open Banking by Challenging Banks
The financial sector sees ongoing collaboration between banks and FinTechs. Regulatory and fee structures are central to recent industry tensions.…
Durable Goods Orders Drop Sharply Altering Economic Expectations
June saw a significant decline in durable goods orders by 9.3%. Transportation equipment led the decrease, falling by 22.4%. Core…
House Fast-Tracks Financial Reform with 16 Bills
House Financial Services Committee sent 16 bills for consideration. Bills address various economic concerns and aim for regulatory adjustments. Bipartisan…
Trump Sanctions Stablecoins Under New Law, Firms React Swiftly
President Trump approves the GENIUS Act, regulating stablecoins in the U.S. Anchorage Digital and Ethena Labs launch the first compliant…
Trump Pushes AI Leadership with New Strategic Plan
The U.S. unveils a strategic AI roadmap emphasizing deregulation and speech freedoms. NIST's framework to exclude misinformation, promoting AI without…
Fintech Leaders Prioritize Trust Over Innovation for Long-Term Success
Fintech shifts focus from innovation to trust for future survival. Reputation helps fintechs navigate regulatory scrutiny and investor expectations. Clear…
Small Businesses Boost Enova’s Loan Portfolio Amid Tech Platform Shift
Enova reports significant growth in small business loan originations. Nonbank lenders gain favor due to speed and convenience. Financial ecosystem…
OSL Secures $300 Million to Broaden Global Reach
OSL Group raised $300 million to broaden its digital asset platform globally. The expansion includes new partnerships, licensing, and payment…
RoomRaccoon Launches AI-Powered Revenue Management Tool for Hoteliers
RoomRaccoon debuts AI-powered RaccoonRev Plus for hotel revenue management. The tool predicts room pricing 90 days in advance for market…
