Innovation
Xero Brings Real-Time Finance into Microsoft 365 Tools
Xero’s latest move connects live financial data with Microsoft 365, reducing manual processes and improving forecasting accuracy
fintechmagazine.com
AI
JP Morgan taps SambaNova as AI inference infrastructure partner
The bank joins Japan's SoftBank in deploying SambaNova's SN50 chip to power AI inference.
fintechfutures.com
Trust & Will cuts staff amid restructuring, AI disruption
A spokesperson for the estate planning fintech cited AI's reshaping of the industry as Trust & Will restructures its business.
investmentnews.com
Digital Finance
Why fintech firms like Klarna want to become banks
Klarna wants to become Klarna Bank USA. The Swedish fintech company, best known for its buy now, pay later services, has applied for a bank license in Utah. It already operates as one in Europe. Getting a bank charter in the U.S. would allow it to expand beyond its buy now, pay later offerings.
marketplace.org
Cryptocurrencies
Stablecoins are handing fintechs a new monetisation model
A new class of yield-bearing products is enabling fintech platforms to offer customers potential returns on their balances.
fintechfutures.com
Google: Quantum Tech to Break Bitcoin’s Cryptography by 2029
Advancements in quantum computing threaten to break the cryptography of digital assets on blockchain if it fails to adapt and update its security locks
fintechmagazine.com
Aave Labs Launches Stable Vaults for Fintech Stablecoin Yield
The vaults convert Aave's variable lending rates into fixed yields that wallets, exchanges and payment apps can offer their own users.
thedefiant.io
Pump.fun Adds Trading for Robinhood Chain Tokens as CASHCAT Meme Coin Frenzy Builds
The Solana launchpad says its app now routes "crosschain" trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company's new blockchain "great for memes too."
thedefiant.io
Digital Banking
How Singapore Fintech iFAST Became A Regional Wealth Engine
Company founder Lim Chung Chun reshaped retail investing in 2000 by making it easy to buy mutual funds online. Now, with a suite of 29,000 investment products and 1.2 million customer accounts, he’s betting digital banking can take the firm global.
forbes.com
Circle wins OCC approval for national trust bank
The newly chartered entity, First National Digital Currency Bank, N.A., will operate as Circle National Trust and will be supervised by the OCC. The bank will initially provide federally regulated custody services for Circle’s digital assets and infrastructure, with the company planning to expand into oversight of USDC reserve management in the future.
fintech.global
Technology
Modernising document management with Identifi
Workflow automation can reduce onboarding, operational, and compliance costs without compromising a bank's ability to meet regulatory requirements.
fintechfutures.com
Robinhood Chain Metrics Surge as the Network Leans Into Memecoins
Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain 'great for memes.' The biggest jump in value locked, though, came from an Ethena stablecoin deposit.
thedefiant.io
Europe
Revolut Names Kuba Fast CEO of European Banking Arm
Revolut appoints ex-Chase UK CEO Kuba Fast to lead its European banking arm as it rolls out a dual-hub strategy across the EEA
fintechmagazine.com