As Fintech Funding Falls to Seven-Year Low, Founders Debate Bootstrapping vs VC
Global fintech investment slumped to its lowest level since 2017, falling to $95.6 billion across 4,639 deals, according to KPMG’s latest Pulse of Fintech report. In the UK, investment dropped by more than 25% year-on-year – its weakest level since the height…
Kuwait’s Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year
ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and KNET, Kuwait’s national electronic banking company, today announced that WAMD, Kuwait’s real-time payment system, recorded significant growth in the number of transactions processed since its launch in June of 2024,…
Persium Group Names Warren Yancey as New Head of Marketing
Persium Group Names Warren Yancey as Head of Marketing to Drive Strategic Growth and Brand Expansion Persium Group, a premier advisory firm recognized for its innovative work in wealth management, business exit planning, and retirement plan consulting, has officially announced…
D360 Bank Surpasses One Million Customers in Just Four Months
D360 Bank Surpasses One Million Customers in Just Four Months, Redefining the Future of Digital Banking in Saudi Arabia In a resounding testament to the growing demand for modern, secure, and accessible digital financial services in the Kingdom of Saudi…
TASI® Bank Expands Community Impact with Nonprofit and Financial Literacy Efforts
TASI® Bank Reinforces Community Commitment Through Expansive Nonprofit Partnerships and Financial Literacy Programs TASI® Bank, a respected San Francisco-based Minority Depository Institution (MDI), has once again demonstrated its enduring dedication to serving the local community by reaffirming its support for…
Volante Unveils Web3-Enabled Prepaid Card to Streamline Salary Disbursements
Volante Unveils Web3-Enabled Prepaid Card to Streamline Salary Disbursements Volante Labs Limited (), under the leadership of CEO Joey Bertschler, has launched a groundbreaking innovation in the payroll and payments industry with the introduction of the Volante Card. This prepaid…
Turkcell Taps Dubai Islamic Bank for $150 Million to Fuel Innovation and Growth
Turkcell Taps Dubai Islamic Bank for $150 Million to Fuel Innovation and Growth Turkcell (NYSE: TKC) (BIST: TCELL), Turkey’s foremost technology and communications company, has officially secured a significant Murabaha financing deal worth USD 150 million from Dubai Islamic Bank…
FGIC Ends Transition Services Agreement
FGIC Terminates Transaction Support Agreement, Reaffirms Commitment to Responsible Run-Off Strategy Financial Guaranty Insurance Company (FGIC), a New York-based insurer known for its legacy portfolio of municipal and structured finance guarantees, has announced the formal termination of the Transaction Support…
Guild Holdings Responds to Schedule 13D Filing by Bayview Asset Management
Guild Holdings Engages in Early-Stage Discussions with Bayview Asset Management Following Stake Acquisition Guild Holdings Company (NYSE: GHLD), a prominent player in the U.S. mortgage lending industry with a legacy dating back to 1960, has acknowledged that it is currently…
VA Mortgage Foreclosures Increase Though Overall Delinquencies Stay Low
ICE April 2025 First Look: VA Mortgage Foreclosures on the Rise as National Delinquencies Remain Below Pre-Pandemic Levels Intercontinental Exchange, Inc. (NYSE: ICE), a global leader in financial data and technology infrastructure, has released its “First Look” at U.S. mortgage…
KBRA Assigns Initial Credit Ratings to 1345 2025-AOA Transaction
KBRA Assigns Preliminary Ratings to 1345 2025-AOA CMBS Transaction Backed by Midtown Manhattan Class-A Office Tower Kroll Bond Rating Agency, LLC (KBRA) has announced the preliminary ratings assignment for five bond classes associated with the upcoming securitization of 1345 2025-AOA,…
Bitwise Declares Monthly Distributions for IMST, ICOI, and IMRA ETFs
Bitwise Declares May Distributions for IMST, ICOI, and IMRA ETFs, Delivering Double-Digit Monthly Returns Through Covered Call Strategies Bitwise Asset Management, a leading innovator in crypto-based investment solutions, has announced the May 2025 monthly distribution figures for its trio of…