Cash management platform Lorum applied for the national trust charter
“We’re basically building a new-age BNY,” said company founder George Davis. Source link
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Legacy Payment Systems Expose Banks to Fintech Disruptors: Analysis
Banks’ outdated payment infrastructures are increasingly ceding market share to faster-moving fintech rivals. As merchants and customers demand seamless digital experiences, real-time processing and embedded finance options, legacy systems designed for batch processing and slower rails are creating bottlenecks that…
Binance RWA trading up 23x: Can the market sustain this $27 billion boom?
The tokenized real-world assets (RWA) market has experienced massive growth in 2026, with a total value exceeding $27 billion. The accelerating growth has highlighted the increasing integration between traditional finance (TradFi) and decentralized finance (DeFi). Bridging TradFi and DeFi has…
PNC adds rewards program
The Pittsburgh-based super regional said benefits include enhanced credit card rewards, cash rewards on some lending services and higher savings rates. Source link
Sanders Clashed With Jamie Dimon Over Billionaire Tax, $12,000 Payment Plan Draws Attention
Bernie Sanders and Ro Khanna advance legislation that would impose a 5 percent annual federal wealth tax on billionaires; this proposal is expected to raise $4.4 trillion over the next decade. The plan would apply to fewer than 1,000 Americans…
Miami Fintech Pepper Pay Files for Chapter 7 Bankruptcy with $3.4 Million in Debts
Miami-based fintech company Pepper Payment LLC Entered Chapter 7 bankruptcy. The company has sought to streamline digital payment solutions for small businesses. Voluntary application submitted March 31, 2026 U.S. Bankruptcy Court in the Southern District of FloridaIt signals the start…
‘Competition is fierce’ – Inside JPMorgan’s plan to combat blockchain rivals
In his annual letter to shareholders, JP Morgan CEO Jamie Dimon shed light on how the bank needs to catch up with blockchain technology to confront “new competitors.” Dimon also emphasized the same, saying: A whole new set of blockchain-based…
Polygon to Enable Giugliano Hard Fork for Faster Transaction Accuracy
Polygon is preparing to roll out a major network upgrade known as Giugliano The hard fork is designed to provide noticeably faster transaction finality on the proof-of-stake chain. This change, scheduled to activate on April 8 at block height 85,268,500…
XRP’s rise is squeezed by overall supply – Can the price regain strength?
XRP is currently near $1.3, reflecting continued weakness following its failure to regain levels above $2. But as positioning imbalances continue to unravel, the pressure runs deeper than just price. During the rally towards $3.66 in 2025, heavy retail inflows…
Collections are your most important customer experience channel
AI is redefining collections as a strategic customer experience moment where banks not only recover their debts but also prove their value. Source link
