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In the rapidly evolving world of financial technology, where trust is the cornerstone of operations, a recent insider breach at FinWise Bank has sent shockwaves through the industr...

Bank of England Proposes Stablecoin Caps, Sparking Crypto Industry Backlash

The Bank of England's Bold Move on Stablecoins The Bank of England has stirred controversy in the cryptocurrency sector with its proposal to impose strict ownership limits...

Thailand Freezes 3M+ Bank Accounts in Anti-Scam Crackdown, Sparks Crypto Shift

In a sweeping move that has sent shockwaves through Thailand's financial sector, the Bank of Thailand has frozen more than 3 million bank accounts suspected of involvement in onlin...

Thailand Freezes 3M Bank Accounts in Anti-Scam Drive, Hits Businesses Hard

In a sweeping move that has sent shockwaves through Thailand's financial sector, the Bank of Thailand (BOT) has frozen over 3 million bank accounts and imposed stringent daily tran...

UBS Eyes US Headquarters Shift to Dodge Swiss Capital Rules

In the wake of Switzerland's aggressive push for stricter banking regulations, UBS Group AG is reportedly contemplating a dramatic shift: relocating its headquarters to the United...

Casca Raises $29M Series A for AI Loan Automation Platform

In the fast-evolving world of financial technology, a San Francisco-based startup is making waves by harnessing artificial intelligence to overhaul one of banking's most cumbersome...

Mohanty Urges Banks: Shift AI to Financial Inclusion Over Cost Cuts

Shifting AI Priorities in Banking In the evolving world of financial services, Sopnendu Mohanty, co-founder of the Global Finance and Technology Network (GFTN), is pushing...

Bank of America Invests $13B in Tech, $4B in AI Under New CTO

A New Era in Banking Technology Bank of America is charting an ambitious course in the digital realm, committing a staggering $13 billion to its technology initiatives this...

ERMAC V3.0 Android Trojan Source Code Leaked via Default Password

In the shadowy underbelly of cybercrime, the recent exposure of the ERMAC V3.0 banking trojan's source code marks a pivotal moment for cybersecurity professionals and financial ins...

Armed Suspects Steal $800K from Brinks Truck in Philly-Area Heist

The Bold Daylight Heist Unfolds In a brazen midday robbery that has sent shockwaves through the armored transport industry, two armed suspects targeted a Brinks t...

Trump Signs EO to Probe Banks for Political Debanking

President Donald Trump has escalated his long-standing grievances against major financial institutions by signing an executive order that directs federal regulators to investigate...

Bank of England Cuts Key Rate to 4% in Fifth Reduction Since 2024

The Bank of England's decision on August 7, 2025, to slash its key interest rate to 4% marks a pivotal moment in the United Kingdom's monetary policy saga, reflecting a delicate ba...

Singapore Banks Post Mixed Q2 Earnings Amid Rate Cuts and Tariffs

Singapore's Banking Trio Navigates Economic Headwinds Singapore's major banks—DBS Group Holdings Ltd., United Overseas Bank Ltd. (UOB), and Oversea-Chinese Banking Corp. (O...

Trump Executive Order to Penalize Banks for Political Debanking

In a move that could reshape the intersection of finance and politics, President Donald Trump is preparing an executive order aimed at penalizing banks that allegedly discrimina...

Upstart Shares Plunge 18% Despite Q2 Revenue Beat and Upbeat Guidance

In a surprising turn of events on Wall Street, shares of Upstart Holdings Inc. plummeted more than 18% in after-hours trading following the release of its second-quarter 2025 ea...

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