February, 2025

February, 2025

TD Bank Selling Charles Schwab Stake to Combat AML Fallout
TD Bank is reportedly selling its 10.1% stake in investment firm Charles Schwab. That’s according to a report Monday (Feb. 10) by The Wall Street Journal (WSJ), which notes that this is the first ma...

McDonald’s Sees Boost in Loyalty Amid Challenges in Q4 Earnings
While McDonald’s fourth-quarter earnings, released Monday (Feb. 10), “did not meet our expectations,” according to CEO Chris Kempczinski, customer loyalty was a bright spot amid a slight uptick...

Lyft Reportedly Plans Robotaxi Launch As Soon As 2026
Lyft is reportedly aiming to bring autonomous robotaxis to its app as soon as next year. The service would launch first in Dallas with additional markets to follow, TechCrunch reported Monday (Feb. 10...

Bitcoin native Banking Infrastructure Provider Galoy Launches New Lending Service
Galoy, a provider of Bitcoin-native banking infrastructure, has introduced Lana, a lending platform designed to facilitate digital asset-backed lending for banks of all sizes. Lana specifically caters...

Fintech Stripe Finalizes Acquisition of Bridge
Stripe, a financial infrastructure Fintech for businesses, recently announced that it has finalized its acquisition of Bridge. Zach Abrams, cofounder of Bridge, said via social media: “We closed our...

Consumer Financial Protection Bureau Stops All Regulatory Activity
The Consumer Financial Protection Bureau (CFPB) has halted all regulatory activity. The X account affiliated with the CFPB no longer exists, and the homepage is not updating correctly. The CFPB has b...

FCA: UK Financial Regulator Pulls Almost 20,000 Misleading Financial Advertisements in 2024
The UK Financial Conduct Authority (FCA) says it had almost 20,000 financial advertisements pulled or changed during 2023 – almost double the year prior. The FCA specifically mentioned promotions in...

Ondo Nexus to Provide Liquidity for Tokenized Treasuries
Ondo Nexus, a tech initiative designed to unlock instant liquidity for third-party issuers of tokenized Treasuries (that being, yieldcoins) has now officially been launched. Leveraging OUSG’s mintin...

GoCardless and Financial Cloud to Enhance Payments with Open Banking
Financial Cloud, a provider of enterprise software solutions, partnered with bank payment company GoCardless to improve payments for financial service providers in the United Kingdom. This collaborati...

Bitdeer Announces Acquisition of New Alberta Site to Establish Bitcoin Mining Operations
Bitdeer Technologies Group (NASDAQ: BTDR), a tech company for blockchain and high-performance computing, announced the close of the acquisition of a “fully” licensed and permitted 101 MW site and ...

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B&T Television

February