Accenture Federal Services, a division of Accenture, has reported a decline in 2024 fiscal year sales due to budget cuts and procurement slowdowns under the Trump administration. CEO Julie Sweet stated that the division accounted for 8% of global sales and 16% of US sales, but recent federal cost-cutting measures have impacted revenues. ... Read More

Stable Sea, a stablecoin liquidity and orchestration startup founded by former Block employees, has emerged from stealth with $3.5 million in funding. The round was led by Kindred Ventures, with participation from Ludlow Ventures, DFS Lab, The Venture Dept, and The Fintech Fund. The stablecoin market has seen explosive growth, with ... Read More

MoonPay, a leading crypto payments infrastructure provider, has secured a $200 million revolving credit line from Galaxy, a diversified financial services and investment management firm in the digital asset sector. This marks one of the largest credit facilities of its kind in the crypto industry, positioning MoonPay to capitalize on ... Read More

Deutsche Bank has announced plans to make “significant” cuts to its branch network this year, resulting in the loss of approximately 2,000 jobs. The move includes the closure of both Deutsche Bank and Postbank branches, as the lender continues to shift its focus toward digital and remote advisory services. Deutsche Bank ... Read More

Western Alliance Bank, a Phoenix-based business bank, has notified customers of a data breach caused by a zero-day vulnerability in third-party file transfer software. The breach, which occurred in October 2024, was discovered in January when stolen records were leaked online by hackers. The bank has not disclosed the specific ... Read More

NatWest has signed a collaboration deal with OpenAI to integrate generative artificial intelligence (AI) into its digital assistants, marking a first for a UK-headquartered bank. The partnership grants NatWest access to all of OpenAI’s products, early access to future tools, bespoke consultancy, and executive support. The bank is ... Read More

Virtual cards are revolutionizing payments with enhanced security, convenience, and sustainability—but challenges like adoption barriers and trust issues remain to be ... Read More

AI-powered negotiation could revolutionize shopping by securing better deals for consumers in real time—but raises questions about ethics and ... Read More

As cash fades and automation rises, the traditional idea of saving money may evolve or even disappear—but its core principles remain vital for financial ... Read More

One-click financing is revolutionizing high-ticket purchases by offering instant credit approvals and flexible payments—but it also raises concerns about overspending and data ... Read More

Marketplaces are evolving into fintech companies, offering embedded financial services that empower sellers but also pose risks like dependency and hidden ... Read More

Personalized checkout uses AI to tailor prices for individual shoppers, offering convenience but raising concerns about fairness, transparency, and ... Read More