July 10, 2025
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Wells Fargo Supercharges Tech Banking in Chicago with Key Hires from JPMorgan 01
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Paysafe Launches First Digital Wallet in LatAm, Expanding PagoEfectivo in Peru
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Financial Sector’s Weakest Link? Third-Party Vendors, Says New Black Kite Report
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Snap CFO Joins DailyPay Board as Worktech Pioneer Scales Disruptive Payroll Innovation
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Finix Launches WooCommerce Plugin, Giving Merchants a Developer-Free Path to Fast, Flexible Payments

PR Newswire

Financial Sector’s Weakest Link? Third-Party Vendors, Says New Black Kite Report

Banks may be tightening their digital vaults, but the doors to their third-party vendors are wide open. That’s the unsettling takeaway from Black Kite’s latest report, 2025 State of Financial Services: Hidden Dangers in the Vendor Ecosystem. While direct ransomware attacks on financial institutions are declining, the report finds attackers are increasingly exploiting security gaps among vendors—giving threat actors a backdoor into the financial sector.

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PR Newswire06 mins
Financial Sector’s Weakest Link? Third-Party Vendors, Says New Black Kite Report

Snap CFO Joins DailyPay Board as Worktech Pioneer Scales Disruptive Payroll Innovation

DailyPay, the fintech making paychecks more flexible, has appointed Snap Chief Financial Officer Derek Andersen to its board of directors, effective June 27, 2025. The move signals the company’s continued evolution from a buzzy earned wage access startup to a serious contender in the enterprise HR-tech space—now armed with veteran financial firepower from one of tech’s biggest players.

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PR Newswire05 mins
Snap CFO Joins DailyPay Board as Worktech Pioneer Scales Disruptive Payroll Innovation

Adhara and ioBuilders Merge to Create Blockchain Powerhouse for Institutional Finance

In a significant consolidation of enterprise-grade blockchain tech, Adhara and ioBuilders have merged to form what may now be the world’s most advanced independent provider of blockchain-based financial infrastructure for banks and capital markets. Headquartered in London, the new company is already profitable, with over 120 employees, operations in four continents, and annual revenues in the double-digit millions—a rarity in the blockchain-for-banks space.

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PR Newswire07 mins
Adhara and ioBuilders Merge

Truv Integrates with Blue Sage to Supercharge Mortgage Verifications and Cut Costs

In a move set to shake up the mortgage tech stack, verification platform Truv has joined forces with Blue Sage Solutions, embedding its real-time income, employment, and asset verification tools directly into the Blue Sage Loan Origination System (LOS). The integration promises to dramatically accelerate loan processing and slash verification costs by as much as 80%—a serious upgrade for lenders still navigating clunky, manual workflows.

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PR Newswire05 mins
Truv Integrates with Blue Sage to Supercharge Mortgage Verifications and Cut Costs

Broadridge Scales Up Real-Time Payments Support Ahead of EU’s 2025 Deadline

With the October 2025 deadline looming for real-time payment compliance in Europe, banks are racing against the clock—and Broadridge Financial Solutions appears to be out in front. The fintech heavyweight has announced strong market adoption of its instant payment connectivity and processing solution, aimed squarely at helping financial institutions meet new EU regulations with speed and confidence.

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PR Newswire06 mins
Broadridge Scales Up Real-Time Payments Support Ahead of EU’s 2025 Deadline

Private Client Resources Reboots with New Leadership, India Ops Hub, and AI Push

Private Client Resources (PCR), a long-standing player in the niche world of financial data aggregation, has officially reintroduced itself—and it’s not just a cosmetic refresh. Backed by a new executive team and a sharpened strategic focus, PCR is positioning itself for a growth spurt in the increasingly competitive data services market for high-complexity financial institutions.

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PR Newswire05 mins
Private Client Resources Reboots with New Leadership, India Ops Hub, and AI Push

PrimeXBT Rolls Out Major Platform Upgrades, Boosting Leverage, Control, and Risk Management for Traders

In a decisive move to strengthen its offering across all trading fronts, PrimeXBT has launched a comprehensive set of platform upgrades that give traders more power, control, and flexibility. Now live across MetaTrader 5, PXTrader, and Crypto Futures, the updates are a direct response to user feedback and reflect PrimeXBT’s ongoing mission to deliver institutional-grade trading tools in a retail-accessible environment.

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PR Newswire05 mins
PrimeXBT Rolls Out Major Platform Upgrades, Boosting Leverage, Control, and Risk Management for Traders

Future Fund Crosses $200M AUM, Launches Small-Cap Disruptor ETF FFOX

The Future Fund, a relatively young but fast-rising SEC-registered investment advisor, has just crossed the $200 million assets-under-management milestone—fueled by a sharp focus on secular megatrends and a fresh take on active ETF management. Now, the firm is looking to push further with the launch of its newest fund, FFOX, an actively managed ETF targeting small- and mid-cap disruptors that may just be the next tech titans in disguise.

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PR Newswire06 mins
Future Fund Crosses $200M AUM, Launches Small-Cap Disruptor ETF FFOX