Amid fluctuating economic conditions and changing regulatory landscapes, the wealth management industry has witnessed several significant mergers and acquisitions, causing ripples throughout the financial sector. These developments not only reflect the evolving strategies of major players but also
World Liberty Financial, spearheaded by Donald Trump, is set to launch a dollar-pegged stablecoin named USD1. This follows the company's successful fundraising of $550 million through a separate digital token sale. The stablecoin will be fully backed by U.S. Treasuries, dollars, and other cash
In 2025, U.S. consumers experienced unprecedented losses from bank transfers and payments, with the amount exceeding losses from cryptocurrency transactions. The Federal Trade Commission (FTC) reported that bank transfer-related fraud reached a staggering $2.09 billion, marking the highest value of
UnionBank of the Philippines has received international recognition for its excellence in wealth management by being named the Best Wealth Management Bank in the Philippines at The Asian Banker’s Global Excellence in Retail Finance Awards. This accolade highlights UnionBank’s dedication to digital
The comparison between Bitcoin and gold has gained traction, with many individuals and institutions alike contemplating Bitcoin as the "digital gold." This analogy posits Bitcoin as a store of value and a safe haven investment. However, the validity and implications of this comparison demand
Charm Security has emerged from stealth mode, securing $8 million in seed funding led by Team8, to combat scams and social engineering attacks. The cybersecurity company, co-founded by Roy Zur and Avichai Ben, leverages AI-powered agents to prevent scams and protect organizations and their
