Rafael Ortiz

Fintech

US seeks forfeiture of more than $25mn in crypto scam probes

The Justice Department said Secret Service investigations traced funds tied to romance and fraudulent crypto investment schemes.

By Rafael Ortiz · 2 months ago

Fintech

Apple plans broad Mac refresh as AI workloads lift demand

Bloomberg reported that Apple is preparing updates across its Mac range, starting this fall, as AI computing demand collides with...

By Rafael Ortiz · 2 months ago

Fintech

Kraken’s Fed account approval remains stalled before launch

Kraken Financial has Fed approval for a limited-purpose account, but its chief executive said the arrangement is not yet operation...

By Rafael Ortiz · 2 months ago

Fintech

Nubank seeks Brazil banking licence through Banco Porto Real deal

The Brazilian digital lender says the acquisition would add a bank licence while leaving its app, products and brand unchanged for...

By Rafael Ortiz · 2 months ago

Fintech

Michaels rolls out Google-backed AI assistant for online shoppers

The arts and crafts retailer says Ask Mike has logged nearly 75,000 conversations since May, with product discovery driving most u...

By Rafael Ortiz · 2 months ago

Deals

TJC agrees to buy power services provider Sunbelt Solomon

TJC will acquire Temple, Texas-based Sunbelt Solomon from Trilantic North America, with the deal expected to close in the third qu...

By Rafael Ortiz · 2 months ago

Fintech

Amazon cuts roles in AGI unit after AI reorganization

Reuters reported job cuts in Amazon’s AGI group as the company concentrates resources on priority customer-focused AI initiatives.

By Rafael Ortiz · 2 months ago

Fintech

FCA turns to AI as anti-money laundering remit expands

The U.K. regulator is embedding AI in supervision as it prepares to take on about 60,000 more businesses under AML oversight.

By Rafael Ortiz · 2 months ago

Fintech

House Republicans cite sharp rise in reported fraud losses

A House Financial Services Committee report says Americans reported $15.9 billion in fraud and scam losses in 2025, up 28% from 20...

By Rafael Ortiz · 2 months ago

Fintech

SecondFi to close wallet after $2.4 million ADA theft

SecondFi says a signature-generation flaw let attackers drain 16.1 million ADA, prompting a shutdown of SecondFi and the Yoroi wal...

By Rafael Ortiz · 2 months ago

Fintech

States widen scrutiny of checkout fees and card charges

State proposals on surcharges, junk fees and interchange costs point to a more fragmented compliance burden for merchants and paym...

By Rafael Ortiz · 2 months ago

Fintech

Digital Chamber challenges Illinois digital asset tax in court

The blockchain trade group says Illinois’ 0.2% levy on digital asset services is unfair and should be blocked before taking effect...

By Rafael Ortiz · 2 months ago