A financial institution is gearing up for a digital transformation. The compliance team is overwhelmed with manual document verification processes. The leadership decides to bring in AI to streamline KYC operations. With the transformation, the turnaround time is cut in half, allowing the team to focus on compliance tasks. But when the CFO asks, “What’s…
Genesis Global is officially entering its next chapter—with co-founder James Harrison taking the helm as CEO, succeeding Stephen Murphy, who led the fintech firm for over a decade. The leadership shift, announced today, marks a strategic turning point for the software provider as financial institutions increasingly look to AI-driven platforms to replace legacy systems and manual processes.
Ant International is doubling down on its Middle East ambitions with a two-pronged move into the United Arab Emirates—inking a strategic MoU with the Abu Dhabi Investment Office (ADIO) and securing In-Principle Approval (IPA) from the country’s central bank for key payment licenses.
Specialty investment bank Ziegler has closed a $93.5 million Series 2025 bond issue for Oak Hammock at the University of Florida, a continuing care retirement community in Gainesville. The deal, issued through the Alachua County Health Facilities Authority, will bankroll a significant expansion and modernization of the nonprofit’s facilities.
Digital convenience in life insurance has come with an ugly side effect: the bait-and-switch quote. Many algorithm-driven platforms tempt users with rock-bottom premiums, only to hike the rates—sometimes by nearly double—once the application is approved. Now, Wealth Express® says it’s had enough.
In a first for the Long Island–based lender, Hanover Community Bank is going on air—and online—with a new marketing push aimed squarely at expanding its footprint in the competitive New York metro banking scene.
When it comes to retirement products, index annuities don’t often make headlines for innovation. Corebridge Financial and Market Synergy Group (MSG) are looking to change that with the launch of Power Select AICO, a new entry in Corebridge’s Power Series of Index Annuities that comes with a unique twist: an Additional Interest Credit Overlay capable of doubling credited interest over five years.
Ripple Bets Big on Stablecoins With $200M Rail Acquisition Ripple is doubling down on stablecoins—and its latest acquisition shows just how serious it is. The enterprise blockchain heavyweight announced it will acquire Rail, a fast-growing platform for stablecoin-powered global payments, in a $200 million deal expected to close by Q4 2025. The move further cements…
Fintech startup Rizon is entering the stablecoin arena with a big promise: to make spending digital dollars as simple as swiping a card or tapping a phone. Launched by Lithuanian founders Ignas Survila and Laurynas Jokubaitis, the Rizon app is now available in 110 countries—and it’s gunning to be the easiest way to use USDC and USDT in real life.
BloFin Levels Up: From Typeface to Trade Execution, It’s All About Control Crypto exchange BloFin is making a clear statement to traders and institutions alike: it’s here to compete on more than just speed. The futures trading platform just announced a sweeping round of upgrades—touching everything from fiat accessibility and charting tools to the subtleties…
