Tag #Fintech

jpost.com
🌐 85% Global Worthiness
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Chainalysis Acquires Israeli Fraud Prevention Firm Alterya

Chainalysis, a blockchain analytics company, acquired Israeli fraud prevention firm Alterya on Monday for an undisclosed sum; Alterya, founded in 2022, uses AI to detect social engineering scams in real time, protecting over $100 million in assets in 2024 and serving clients like Coinbase and Binanc...

Progress

52% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greece Launches "myAADEapp" for Mobile Tax Management

The Greek tax authority's new "myAADEapp" enables mobile invoicing, real-time financial tracking, and access to various tax services for professionals and businesses, starting this month, with additional features like digital customer records and delivery notes to be added later.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Record SBA Loan Approvals in Q1 2025

The Small Business Administration (SBA) approved $8.8 billion in 7(a) loans in the first quarter of 2025, a near-record high driven by increased demand from aspiring entrepreneurs, recent SBA rule changes, and a growing supply of businesses for sale from retiring Baby Boomers; this is 38% higher tha...

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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RBC Launches First Bank-Wide Generative AI Platform in Canada

Royal Bank of Canada (RBC) partnered with Cohere Inc. to create \"North for Banking\", a generative AI platform enhancing employee efficiency and addressing customer needs securely using RBC's internal infrastructure, a first for a Canadian bank.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Bitcoin's Rise: Impact on Businesses

Major financial institutions' embrace of Bitcoin, coupled with El Salvador's adoption as legal tender, presents businesses with a new payment method and store of value resistant to inflation, offering opportunities for growth but demanding careful risk assessment.

Progress

60% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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X Payments May Launch Imminently, Potentially Integrating Cryptocurrencies

Elon Musk's X platform is poised to launch X Payments, potentially integrating cryptocurrencies, before securing approval from all 50 U.S. states, potentially disrupting the financial system and impacting cryptocurrency markets.

Progress

52% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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UBS Upgrades Capital One and Discover Following $35.3B Acquisition

UBS analyst Erika Najarian upgraded Capital One and Discover to "buy" following Capital One's $35.3 billion acquisition of Discover, expecting significant earnings growth and increased operating efficiency, closing in early 2025, creating a vertically integrated payments platform.

Progress

48% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Tokenization and Project Agorá: Revolutionizing Cross-Border Payments

Tokenization, using DLT and smart contracts, digitizes financial assets, simplifying transactions and automating processes; Project Agorá, a global initiative, aims to build a cross-border wholesale payment prototype using tokenized money from commercial and central banks.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
jpost.com
🌐 75% Global Worthiness
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Lili Wins Top Ranking for Best SMB Banking App

Lili, a U.S. fintech startup, won Tearsheet's top ranking for best SMB banking app, offering a free, all-in-one platform with AI-powered tools to over 600,000 U.S. business owners, simplifying financial management.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Medical Debt Removal from Credit Reports

The Biden administration finalized a rule to remove an estimated $49 billion in medical debt from the credit reports of about 15 million Americans, impacting credit scores and loan decisions, starting in 2025.

Progress

40% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
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AI Investment Tools Expand, Raising Efficiency and Volatility Concerns

AI-driven investment tools are expanding in finance, representing less than 1% of the market but showing potential to increase efficiency and volatility; regulators are monitoring for risks such as market manipulation and reduced diversity.

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Crypto Market's Buoyant Outlook Brings Increased Competition

The crypto market is experiencing a surge in positive sentiment due to expected regulatory clarity under the incoming Trump administration and increased institutional investment, but this also increases competition from traditional financial firms entering the crypto space, forcing established crypt...

Progress

32% Bias Score

Decent Work and Economic Growth