June 21, 2025 @ 7:25 pm By Michael Wong  |  

The University of Dubai, in partnership with the Artificial Intelligence Journalism for Research and Forecasting (AIJRF), has launched the Arab AI Researchers (AAIR) initiative, the first of its kind in the region aimed at embedding artificial intelligence into academic research and teaching across Arab universities…. Read More

June 21, 2025 @ 6:12 pm By Omar Faridi  |  

Light Frame SA, a Swiss provider of modern investment operations and portfolio management technology, and Mambu, a global enabler of cloud-native core banking, have announced a partnership delivering a fully integrated core banking solution tailored to the private banking and wealth management industries. The partnership… Read More

June 21, 2025 @ 4:50 pm By Omar Faridi  |  

Young customers aged 18-25 are using the CommBank app’s free money management tools 65 per cent more than any other generation, with those in this age group who use them also two thirds more likely to boost how often they save. On average, the young… Read More

June 21, 2025 @ 4:09 pm By Michael Wong  |  

Thailand has approved three applicants to establish virtual banks, in a move aimed at promoting financial innovation, expanding access to underserved markets, and enhancing competition in the country’s banking sector. The Ministry of Finance, acting on the advice of the Bank of Thailand (BOT), said… Read More

June 21, 2025 @ 2:08 pm By Michael Wong  |  

Cryptocurrency adoption has surged globally in 2025, underpinned by a dual wave of institutional engagement in developed markets and real-world utility in lower- and middle-income countries, according to the Chainalysis Global Crypto Adoption Index. While advanced economies are focused on regulatory clarity and structured investment… Read More

June 21, 2025 @ 12:49 pm By Omar Faridi  |  

Zellis Group, a provider of AI-enabled HR, workforce management, payroll and benefits, announced the acquisition of Hastee, a financial wellbeing platform that empowers employees to take control of their financial lives through earned wage access, financial education, savings and comprehensive money management tools. This acquisition… Read More

June 21, 2025 @ 11:15 am By JD Alois  |  

War is raging in the Middle East as Israel and Iran battle from afar, and Gaza remains under the control of Hamas following the horrific invasion of its neighbor. Other conflicts in the region have taken a backseat to the growing global battle. Currently, the… Read More

June 21, 2025 @ 11:11 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is announcing that Indiana Farm Bureau Insurance, a provider of property and casualty insurance in Indiana, has chosen Akur8’s Core Platform to accelerate “model development and build transparent, explainable pricing models.” Developed for… Read More

June 21, 2025 @ 10:44 am By Omar Faridi  |  

KuCoin joins Go Network to deliver enhanced trading and security through off-exchange settlement. Users may unlock seamless, secure trading on KuCoin while assets are safeguarded in regulated custody with BitGo Singapore Pte. Ltd., “giving institutions control and speed while minimizing risk.” For too long institutions… Read More

June 21, 2025 @ 9:42 am By Omar Faridi  |  

Verso, the wealth management consolidator, has developed a strategic partnership with Nucleus, which is key to supporting its growth plans. The Verso platform, with the technology provided by Nucleus, is a tailored, enterprise-level solution developed to “improve the user experience for its adviser base, in… Read More

June 21, 2025 @ 6:41 am By Omar Faridi  |  

OKX announce that they’ve achieved ISO/IEC 27001:2022 certification, the world’s standard for information security management systems. This milestone / achievement reinforces their position as a global enabler of digital asset security, confirming that their robust security framework “not only meets but exceeds the international standards… Read More

June 21, 2025 @ 4:12 am By Omar Faridi  |  

C2FO, the world’s on-demand working capital platform, continues to meet the growing demand for faster, more affordable liquidity as tariffs and global economic uncertainty disrupt businesses of all sizes. In the last quarter, C2FO funded “$18 billion in working capital to businesses worldwide, including $3.2… Read More

June 21, 2025 @ 1:13 am By Omar Faridi  |  

In the first quarter of 2025, real assets funds demonstrated remarkable strength, with 18 funds raising an impressive $52 billion. This, according to a report from PitchBook. The report noted that this figure represents roughly half of the total capital raised by real assets funds… Read More

June 20, 2025 @ 7:09 pm By Omar Faridi  |  

SIX welcomes Avantis Investors by American Century Investments as its latest issuer of Exchange-Traded Funds (ETFs). Their first product, the AVANTIS GL SM CAP VALUE ETF, “brings the total number of ETFs available to investors on SIX Swiss Exchange to 2,017.” With Avantis Investors by… Read More

June 20, 2025 @ 6:00 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company and one of the largest global fixed income managers with $862 billion in assets under management, announced the expansion of their… Read More

June 20, 2025 @ 4:38 pm By Omar Faridi  |  

Paxos Labs, a start-up whose mission is to make on-chain products and DeFi markets more accessible, is announcing its launch. Paxos Labs enables partners to bring financial products to market and manage them at scale with “integrated risk management, liquidity optimization and seamless distribution.” Incubated… Read More

June 20, 2025 @ 4:33 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced changes to its growth model and its leadership, effective September 1, 2025. Accenture has delivered on its strategy “to be its clients’ reinvention partner of choice and to lead in Gen AI through its deeply skilled people and by bringing its… Read More

June 20, 2025 @ 4:31 pm By Omar Faridi  |  

LendingClub (NYSE: LC) has announced the launch of LevelUp Checking, the latest in its growing set of digital-first financial solutions. LendingClub is a chartered digital banks that started its existence as an online lender. Credit continues to make up an important part of its operations. LevelUp… Read More

June 20, 2025 @ 4:27 pm By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced that its central securities depository subsidiary, The Depository Trust Company (DTC), has surpassed “$100 trillion in assets under custody as overall U.S. market capitalization continues to rise.”… Read More

June 20, 2025 @ 4:25 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) recently saw a significant insider purchase. Christopher Payne, a newly appointed director, acquired 26,500 shares of the company’s stock, with the transaction valued at approximately $2 million. This notable investment, made shortly after Payne joined the board in December 2024,… Read More