January, 2025

January, 2025

CFPB Permits Financial Data Exchange to Set Open Banking Standards
The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use to help them comply with ...

This Week in Web3: Blockchain for Business and Crypto Markets Regulation
The cryptocurrency industry has seen many milestones since bitcoin’s launch in 2009, but 2025 could be a watershed year. The sector stands at a crossroads. Proponents believe that, buoyed by regula...

Chime to Offer Free In-App Tax Filing
While death and taxes are the only guarantees in life, paying to file taxes is up there as a near certainty. According to page 107 of the 2024 Form 1040 instructions, the average cost of filing a basi...

New Era of AI and Digitalization to Bring Greater Autonomy to Global Businesses – Report
Research from Accenture (NYSE: ACN) finds a new era of digitization is unfolding—one in which AI continuously learns and drives new levels of autonomy across organizations, positioning trust in its ...

Sol Strategies Announces New Investment in Solana Blockchain Ecosystem
Sol Strategies Inc., a Canadian holding company that invests in the Solana blockchain and ecosystem, announced that it has drawn from its amended credit facility agreement dated January 6, 2025 with A...

Radiant Capital Shares Update After Sophisticated Cyberattack Leading to $50M in Losses
Radiant Capital has shared an important update on the October 16, 2024 incident in which Radiant Capital was targeted by a “highly sophisticated” cyberattack that resulted in a loss valued at “a...

Ripple Adopts The Chainlink Standard to Advance Ripple USD (RLUSD) Utility and Access in DeFi Apps
Ripple is now leveraging the Chainlink standard to bring high-quality pricing data around the Ripple USD (RLUSD) stablecoin onchain. RLUSD is described as an enterprise-grade, USD-denominated stab...

Bitcoin Infrastructure Tech Firm Blockstream Launches Open-Source Hardware Wallet
Blockstream, the global firm focused on Bitcoin infrastructure technology, marked ‘Bitcoin Genesis Day’—the anniversary of Bitcoin’s first block mined on January 3, 2009—with the launch of...

Malaysia’s Maybank Launches Flexi Anti-Fraud Feature, Money Lock, via MAE Fintech App
Maybank announced that it launched a counter-fraud security feature on the MAE App called Money Lock, which allows customers to lock funds in the savings or current accounts of their choice from “be...

Alchemy Pay Expands North America Operations with MSB Registration in Canada
Alchemy Pay, the crypto solutions provider, is pleased to announce that its entity, Alchemy Pay Ltd. has successfully registered as a Money Services Business (MSB) with the Financial Transactions and ...

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B&T Television

January