Rafael Ortiz

Fintech

WEMIX security breach hits stablecoin ownership, with $724,000 in USDC affected

WEMIX said an attacker took control of WEMIX$ ownership and moved funds through bridges, swaps and some centralized exchanges.

By Rafael Ortiz · 3 weeks ago

Fintech

Mid-market compliance AI demands rise as innovation adds controls

PYMNTS says AI, APIs and real-time payments are pushing mid-market firms to build compliance into software and staffing models.

By Rafael Ortiz · 3 weeks ago

Fintech

Parker bankruptcy puts fintech lending funding model under scrutiny

Prestatech CRO Luca Terragni says Parker’s Chapter 7 filing exposed funding and oversight risks in specialist fintech lending.

By Rafael Ortiz · 3 weeks ago

Fintech

DeFi Technologies CEO letter says company is stronger in crypto downturn

Johan Wattenström said the firm is better placed than in the last bear market after a 23% one-month share drop and a Swedish FSA s...

By Rafael Ortiz · 3 weeks ago

Deals

Wynnchurch Luxfer acquisition sets take-private price at $17.37 a share

Wynnchurch Capital agreed to buy Luxfer for $17.37 a share, taking the Riverside industrial materials company private by end-2026.

By Rafael Ortiz · 3 weeks ago

Fintech

AI lobbying spending rises as companies press Washington on rules

OpenAI, Anthropic, Google and Microsoft have increased lobbying outlays as AI policy moves into agency consultations and rulemakin...

By Rafael Ortiz · 3 weeks ago

Deals

Cinven and La Caisse agree Optio Group acquisition

Cinven and La Caisse will buy UK-based specialty insurance MGA Optio Group from Preservation Capital Partners; terms were not disc...

By Rafael Ortiz · 3 weeks ago

Fintech

Nvidia AI safety alliance targets open-model cyber defense

Nvidia is leading 36 other companies in the Open Secure AI Alliance after OpenAI models were tied to a Hugging Face incident.

By Rafael Ortiz · 3 weeks ago

Fintech

AI industrialisation in banks moves beyond pilots, KPMG data shows

KPMG data cited by Icon Solutions shows AI use in finance rising to 75% by 2026 as banks embed the technology in operations.

By Rafael Ortiz · 3 weeks ago

Fintech

EV charging fraud risks rise as UK public charger network reaches 119,080

Nick Walker of ai corporation says open-loop payments and fragmented networks are exposing Europe’s EV chargers to payment and cyb...

By Rafael Ortiz · 3 weeks ago

Fintech

Robinhood Crypto.com prediction markets talks reported by WSJ

WSJ says Robinhood and Crypto.com are discussing adding Crypto.com’s yes-or-no event contracts to Robinhood’s prediction hub.

By Rafael Ortiz · 3 weeks ago

Deals

Capitol Meridian RH Aero investment to back aviation services firm

Capitol Meridian Partners agreed to invest in RH Aero Systems, with terms undisclosed and existing shareholders retaining stakes.

By Rafael Ortiz · 3 weeks ago