In an unexpected turn of events, the U.S. House of Representatives made significant strides in shaping the cryptocurrency market with the passage of the Genius Act. This legislative initiative seeks to create a comprehensive framework for stablecoins, aligning digital currencies with traditional
In a bold move to assert its presence in the mobile payments sector, Lloyds Banking Group is in advanced discussions to acquire Curve, a digital wallet start-up from the UK. This acquisition illustrates a strategic pivot for Lloyds, the largest high street bank in the UK, as it seeks to compete
In the evolving landscape of global finance, climate risk has emerged as a pivotal topic, compelling major economic players to rethink how they integrate environmental considerations into financial systems. The Financial Stability Board (FSB), entrusted with monitoring and making recommendations
In recent years, shifts in the regulatory landscape have kindled new hopes for merger and acquisition (M&A) activities within the U.S. banking industry. This transformation is especially evident under the influence of regulations from the Trump era, which have instigated a wave of interest in
Amid an ever-evolving financial landscape, a new chapter has opened for centralized crypto exchanges, marked by strategic initiatives and regulatory maneuvers. This year has seen significant developments involving major players like OKX, Bybit, Coinbase, and Kraken, each adapting distinct
In a country renowned for its rapid growth and technological advancements lies a sector that has long been considered cumbersome—insurance. Once plagued by endless paperwork and lengthy processing times, the industry now witnesses a revolutionary shift. Enter Yasmina, an insurtech pioneer promising
Embedded finance solutions are rapidly evolving, reshaping how financial services integrate into various digital platforms. A notable development within this landscape is the collaboration between Weavr, a leader in embedded finance, and Visa to enhance payment functionalities, particularly within
In a financial landscape that seems ever-shifting, the potential approval of cryptocurrency exchange-traded funds (ETFs) by regulatory authorities like the U.S. Securities and Exchange Commission (SEC) represents a seismic shift. Not too long ago, these instruments seemed out of reach, considered
In the fast-paced world of financial technology, one partnership stands out, reshaping how businesses manage cross-border transactions. The collaboration between London fintech powerhouse Yaspa and VIALET, a leading European electronic money institution, has garnered attention for its promise to
As the payments industry progresses into the modern era, there is a pressing need for diversity and LGBTQIA+ inclusion within financial sectors. Recent insights from The Payments Association's survey underscore stark discrepancies, highlighting an oversight in diversity data. Only 14% of payments
