Velocity raises $38mn Series A for stablecoin treasury platform
Dragonfly and FirstMark led the round, which brings Velocity’s total funding to nearly $50mn since May 2025, according to the comp...
By Ingrid Halvorsen 1 month agoSection
Fintech
Entrust launches program to build trust controls for AI agents
The security company is opening a co-development initiative for enterprises and partners seeking to move autonomous AI systems int...
By Rafael Ortiz 1 month agoBIS warns AI capex surge could amplify global downturn risks
The Bank for International Settlements says hyperscaler AI spending may exceed efficient levels and expose the sector to a boom-bu...
By Ingrid Halvorsen 1 month agoConsultant warns legacy bank cores may limit AI and tokenization
Dharmesh Mistry says banks’ layered core systems absorb most IT budgets and could constrain AI and programmable money projects.
By Rafael Ortiz 1 month agoJCB and Circle affiliate agree stablecoin payments study
JCB said it will work with a Circle affiliate to assess stablecoin use in treasury transfers and merchant payments in Japan and ov...
By Ingrid Halvorsen 1 month agoBCB Bank to use Vikar platform for account opening
Vikar Technologies said BCB Bank will deploy its platform to support consumer and business account opening across digital and bran...
By Rafael Ortiz 1 month agoEU AI Act timetable shifts for high-risk systems, Altimetrik executive says
High-risk AI compliance dates move to 2027 and 2028, while chatbot, deepfake and banned-practice rules remain on earlier tracks.
By Ingrid Halvorsen 1 month agoOfcom proposes fraud ad code for major online platforms
UK regulator Ofcom says large tech platforms could face fines of up to £18mn or 10% of global revenue if they fail to curb scam ad...
By Ingrid Halvorsen 1 month agoBibby Financial Services secures €250 million HSBC funding line
The facility expands an HSBC UK partnership and helps Bibby keep more than £1.1 billion available for SME finance across Europe an...
By Rafael Ortiz 1 month agoECB names 36 payment providers for digital euro pilot
The 12-month pilot is scheduled for the second half of 2027 and will test payments using a beta digital euro across the euro area.
By Ingrid Halvorsen 1 month ago
MyExpatTaxes launches planning service for Americans abroad
MyExpatPlanning pairs forecasting tools with advisory options as the firm targets demand from U.S. taxpayers with cross-border fin...
By Rafael Ortiz 1 month agoTom Blomfield leaves Y Combinator role for Anthropic compute team
The Monzo co-founder said he is taking a leave of absence from Y Combinator to work on compute at Anthropic under Tom Brown.
By Ingrid Halvorsen 1 month ago