Industry News.

Mastercard secures New York BitLicense

Mastercard Transaction Services has obtained a BitLicense from the New York State Department of Financial Services, enabling the payments giant to formally...

Cash App opens up for stablecoin transactions

Cash App has enabled its 59 million monthly active users to send and receive USDC stablecoins with instant conversion into US dollars,...

⚡ Ex-M&S chief to help government tackle youth unemployment

The UK government has appointed former Marks & Spencer chief executive Marc Bolland as an advisor to combat rising youth unemployment, following...

Daloopa raises $47m to power data layer behind AI-driven finance

Daloopa, a financial data infrastructure provider, has secured forty-seven million dollars in Series C funding to support artificial intelligence and automated ...

Forbes releases 25th-anniversary Midas List of top VC investors

Forbes has published its twenty-fifth annual Midas List recognizing the hundred most successful venture capital investors globally, compiled in collaboration wi...

⚡ Ferrari wanted to take on Chinese EVs with the Luce – then the backlash started

Ferrari faces mounting criticism over its first electric vehicle, the Luce, as enthusiasts and industry observers claim the automaker has strayed from...

Trump Accounts investment app launches for children, backed by BNY and Robinhood

The US Treasury has rolled out the Trump Accounts mobile application, enabling parents to open investment accounts for their children with backing...

Paxos gets green light to settle securities on blockchain

Blockchain infrastructure provider Paxos has secured regulatory approval from the US Securities and Exchange Commission to operate as a clearing and settlement...

As European payments sovereignty debate rages, Visa makes its case for place on continent

Visa has announced a €500 million investment programme across Europe as pressure mounts from regulators and policymakers advocating for greater payments soverei...

Trading 212 Head of Product Sergei Riabov Leaves to Focus on AI

Trading 212's Head of Product Sergei Riabov has departed after just six months to pursue opportunities in artificial intelligence. Riabov, who previously...