July 5, 2025

TECH

Banking

Banking on Intelligence: The Global Sprint to AI Maturity in Finance: By Alex Kreger

Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk

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Banking

Open Banking Won’t Work Without Trust. Here’s How We Enable That.: By Mathieu Altwegg

Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,

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Banking

Tech CU Hires Robyn Zach as VP, Senior Private Banking Relationship Manager

Robyn to Support Growth in Private and Commercial Banking In the Bay Area and Emerging Markets SAN JOSE, Calif., June 19, 2025 (GLOBE NEWSWIRE) — Technology Credit Union (Tech CU) announced today that Robyn Zach has joined its Wealth Management team as Vice President, Senior Private Banking Relationship Manager. In this role, Robyn will support

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Crypto

Senate passes GENIUS stablecoin bill in a win for the crypto industry

In a 68-30 vote on Tuesday evening, the Senate overwhelmingly passed the GENIUS Act with bipartisan support. Eighteen Democrats joined the majority of Republicans in passing the bill, which is the first to establish a federal regulatory framework for stablecoins, crypto tokens that are pegged to the value of the US dollar. Its passage had

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Banking

Banking on Trust: How Belize Balances Privacy and Compliance in the Global Financial System: By Luigi Wewege

In today’s financial world, trust is more than a virtue, it’s a currency. As global banking continues to evolve under the weight of new regulations, data transparency mandates, and geopolitical uncertainty, clients across the world are seeking something increasingly rare: institutions that can both protect their financial privacy and comply with international standards. Belize, quietly

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Crypto

Justin Sun takes crypto company public — reportedly with help from the Trump Family

Last year, Justin Sun was facing a federal investigation into his crypto empire, to the point that he avoided entering the US. Now, his company is going to be publicly listed on the American stock markets – and reportedly with the assistance of Eric Trump. Tron, Sun’s digital assets platform, announced on Monday that it

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Banking

The Convergence of Fintech and Banking: The Gap Between UX and Functionality Is Closing: By Alex Kreger

In the past decade, the financial landscape witnessed a dramatic transformation driven by two distinct forces: fintech startups and traditional banks. Initially, fintechs emerged as UX-rich but often monofunctional challengers, while banks remained service-rich but struggled with digital customer experience. Today, however, these lines are blurring — fintechs are expanding into full-scale banks, and traditional

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Crypto

Eric Adams and NYC crypto whales call for end of BitLicense

At a “crypto summit” on Tuesday held by Eric Adams — the controversial mayor of New York City who recently escaped several federal corruption charges — crypto CEOs and investors made an open plea: please get rid of state crypto regulations so we can write our own and turn the Big Apple into a “crypto

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Finance

Japan Finance Ministry: Missing documents in Moritomo scandal were discarded

Japan’s Finance Ministry says it believes some of the documents related to a controversial sale of state-owned land were discarded before they could be disclosed. Akagi Toshio, who worked for a regional bureau of the ministry in western Japan, was forced to falsify documents on the heavily discounted sale of state-owned land to school operator

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Crypto

Senate Dems propose ban on presidents investing or endorsing crypto assets

After abruptly pulling their support from what would have been the Senate’s first stablecoin regulatory bill, Senate Democrats announced Tuesday that they would introduce a new bill that would prevent federal officials and their families from issuing digital assets – a bill directed at Donald Trump and his family’s current stablecoin and meme coin holdings.

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