FINRA Hits Synapse Execs With Misconduct Claims
The Financial Industry Regulatory Authority (FINRA) is reportedly investigating misconduct allegations against two former executives of collapsed banking-as-a-service (BaaS) provider Synapse Financial...
Klarna Expands Debit Card to Anchor US Payments Strategy
As consumers lean on the simplicity and control of debit payments, FinTechs are weaving these cards into their platforms, not just as payment tools, but as vital threads that stitch together expanding...
US Fed to Host Conference in October, Covering Stablecoins and DeFi
The US Federal Reserve will host a high-profile conference on payments innovation on October 21. The conference will focus on stablecoins, decentralized finance (DeFi), artificial intelligence, and to...
Mistral Targets $14B Valuation in New Round
Artificial intelligence (AI) startup Mistral AI is reportedly nearing the close of a funding round in which it would raise €2 billion (about $2.3 billion) and be valued at €12 billion (about $14 b...
Apple Plots AI Search to Challenge OpenAI, Perplexity
Apple is reportedly developing an artificial intelligence (AI)-powered web search tool that could be added to its Siri voice assistant, its Safari web browser and its Spotlight search features on the ...
US Bank Resumes Bitcoin Custody Amid Eased Rules
US Bank, the fifth-largest bank in the US, has resumed its cryptocurrency custody operations after a four-year hiatus.
The bank will offer custody for Bitcoin and support for exchange-traded funds ...