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SEC probes AI hedge fund Situational Awareness after billions in losses
Leopold Aschenbrenner's AI investment fund Situational Awareness faces SEC investigation after losing billions in value in late July.
Read articleCrypto card spending tops $1 billion as stablecoins move into everyday purchases
Crypto card spending triples in a year, surpassing $1 billion as stablecoins shift from speculative assets to practical payment instruments. Analysis of the trend and its impact on financial systems.
Read articleUK fintech funding drops to lowest level in at least a decade
Investment in UK fintech has plummeted to its lowest level in at least 10 years, according to Bloomberg. Analysis of causes, impact, and lessons for Asia's fintech ecosystem.
Read articleAI agent processes 2,395 payments worth $20.1 million but still needs human approval
Coupa's Payment Batch Creation Agent automatically processes 14 payment batches in first five weeks of production, but still requires human sign-off before money moves.
Read articleStandard Chartered and HSBC complete first interbank transaction on Swift's blockchain ledger
Two major banks complete cross-border transaction using tokenized deposits on Swift's blockchain-based ledger, marking a key milestone in 24/7 international payments.
Read articleStripe and Advent acquire PayPal for $53.4B: The largest fintech M&A deal in history
Stripe and Advent International have reportedly offered to acquire PayPal for $53.4 billion, marking the largest M&A deal in digital payments history. Analysis of strategic implications and impact on Vietnam and Japan markets.
Read articleWalmart finally accepts Apple Pay and Google Pay: A retail payment turning point
Walmart, the world's largest retailer, has finally accepted Apple Pay and Google Pay at all stores. This marks a major turning point for contactless payments in the US and has significant implications for Vietnam's retail market.
Read articleIndian fintech Navi raises $100M from Prosus, expanding digital financial ecosystem
Navi, the fintech founded by Flipkart co-founder Sachin Bansal, successfully raises $100M from Prosus - the company's first outside funding round.
Read articleRamp launches AI model router, directly competing with OpenRouter
Expense management fintech Ramp expands into AI with Router - a service that routes AI requests to multiple models, free through end of 2026.
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