NextGen FinCrime 2026: How non-financial sectors can replicate banks’ success in fraud prevention
Sophisticated online attacks have increasingly replaced traditional bank-based fraud as the primary financial crime threat. Non-financial sectors are adopting fraud prevention strategies that banks have developed and refined over time.
Texas Stock Exchange Live Trading Starts this Week
Live trading begins Friday, July 10th at the Texas Stock Exchange in Dallas, marking the first major stock exchange to launch in the United States in decades. The exchange directly challenges the NYSE and Nasdaq's dominance of American financial markets.
Euro Stablecoin Usage Jumps by 128% in 2026
Euro stablecoin usage increased 128 percent in 2026 following MiCA regulations that took effect July 1st. The market grew from $295.6 million, though Euro stablecoins remain significantly smaller than dollar-based alternatives.
Euroclear Announces Negotiations to Acquire Uptevia, Enhancing Issuer Services Across Europe
Euroclear has entered exclusive negotiations to acquire Uptevia, a French corporate trust and issuer services firm jointly owned by BNP Paribas and CACEIS. Uptevia specializes in providing services to corporate issuers across Europe.
Coinbase Secures Key Regulatory Approval in the UK to Offer Equities and Derivatives
The Financial Conduct Authority authorized Coinbase to offer equities and derivatives trading services in the UK under a MiFID license. This regulatory approval enables the cryptocurrency exchange to expand its investment services in a major international market.
UK fintech Kord raises £6.4 million
Kord raised £6.4 million in Series A funding led by Guinness Ventures for its identity verification and payment processing platform. The round included participation from Beringea, SFC Capital, and angel investors focused on high value real estate transactions.
Fiserv President Dhivya Suryadevara Resigns Citing ‘Good Reason’ Contract Clause
Fiserv's president Dhivya Suryadevara resigned on July 7, invoking a "good reason" clause in her contract. She will remain as a non-executive employee through July 31 to assist with the transition.
Fed Joins Banking Regulators to Overhaul Financial Crime-Fighting Rules
The Federal Reserve will require banks to allocate anti-money laundering resources based on risk levels, focusing greater attention on higher-risk customers and activities. Banks must incorporate updated approaches into their financial crime-fighting programs as part of the regulatory overhaul.
Italian fintech Satispay partners Mastercard for debit card launch
Satispay, an Italian fintech unicorn, partnered with Mastercard to launch debit cards and added investment capabilities. Users can now invest in stocks and ETFs through the platform.
Banks Are Racing Into AI Faster Than Security Can Follow
Anthropic introduced the Model Context Protocol in late 2024 as an open standard allowing AI agents to connect to business systems through a common interface rather than requiring custom connections for each tool. The protocol functions similarly to how applications call application programming interfaces, enabling standardized integration of AI models into enterprise environments.
BlackRock Says Hyperscalers Need Private Credit to Fund AI Boom
Companies building AI infrastructure will increasingly turn to private credit financing to fund their capital-intensive projects. Jean Boivin, head of the BlackRock Investment Institute, stated that the world must "leverage up" due to the massive investment requirements for AI infrastructure development.
Open Banking Moves From Access to Economics
Open banking discussions are shifting from data control to API infrastructure economics. Questions now focus on data delivery methods, cost responsibility for maintaining secure APIs, and whether all data requests should receive equal treatment.
BBVA Completes AI Agent Initiated Payments with Visa in European Milestone
An AI agent completed its first real-world payment transaction on behalf of a BBVA cardholder using Visa's network. The test, conducted between BBVA and Visa, demonstrated that AI systems can securely process purchases through existing payment infrastructure and merchant systems.
U.S. Bank pursues Gen Z with payments-first strategy
U.S. Bank is targeting Gen Z customers by using payments as the primary entry point to banking relationships. This strategy aims to build a low-cost funding base in the competitive deposit market, according to executive Arijit Roy.
Revolut’s US bet: A bank charter, a stablecoin pitch, and a graveyard of European challengers that tried before it
Revolut filed applications in March 2026 with the Office of the Comptroller of the Currency and the FDIC to operate as a national bank in the United States. The London-based fintech seeks to break from reliance on partner banks through obtaining its own bank charter for Revolut Bank US, N.A.
Thrive Holdings Raises $2 Billion to Buy and Rewire Services Firms With AI
Thrive Holdings is raising approximately $2 billion from investors including Altimeter Capital, D1 Capital Partners, and SoftBank to acquire and restructure traditional services businesses using AI technology. The one-year-old holding company was founded by Thrive Capital, an OpenAI investor.
SEC Names JPMorgan Veteran Paul Knight as COO
Paul Knight, a JPMorgan veteran and former SEC official, was named the Securities and Exchange Commission's new chief operating officer. The SEC is prioritizing faster action on cryptocurrency, market structure, and investor protection initiatives.
Klarna’s Bid Tests Whether FinTech Scale Needs a Charter
Klarna filed applications with Utah and federal regulators to establish a federally insured industrial bank. The Swedish fintech company seeks authority to operate Klarna Bank USA as a Utah-chartered industrial bank.
Stripe’s Stablecoin Infrastructure Platform Bridge Secures MiCA and EMI Authorizations Across EU Member States
Bridge, Stripe's stablecoin infrastructure platform, obtained CASP authorization under EU's MiCA regulation and an EMI license from Luxembourg. These dual approvals allow Bridge to operate its services across all 27 EU member states.
Klarna Applies for US Banking License
Klarna submitted applications to the Utah Department of Financial Institutions and the FDIC to establish Klarna Bank USA as a Utah-chartered industrial bank. The proposed bank will operate as a new entity separate from Klarna's existing digital banking and buy-now-pay-later services.
US Treasury Report Warns AI Bubble Could Trigger Economic Disruption
A U.S. Treasury draft report warns that an AI market collapse could cause economic disruption similar to the dotcom bubble from 25 years ago. Career Treasury analysts found that AI firms are more deeply entrenched in the economy than dot-com companies were.
Regions buys muni bond specialist Frazer Lanier
Regions Financial acquired municipal bond specialist Frazer Lanier for an undisclosed amount. The purchase expands the Alabama-based bank's capabilities as a municipal securities underwriter and placement agent through a bolt-on acquisition strategy.
CME Group to Launch Single Stock Futures on July 27
Single stock futures will launch on July 27, 2026, pending final regulatory approval from CME Group. These contracts offer traders and investors capital-efficient exposure to individual US stocks.
FCA publishes landmark review into impact of AI on retail financial services
The FCA has published findings from a review examining how AI could reshape retail financial services for consumers. The review identifies AI as a potential driving force for innovation and efficiency in the sector.
Inveo Kripto and iChain Investment Holding Partner with Moca Network to Enhance Blockchain and Digital Identity Solutions in Turkey
Inveo Kripto and iChain Investment Holding signed a Memorandum of Understanding with Moca Network, a decentralized digital identity initiative by Animoca Brands. The partnership aims to expand regulated blockchain and digital identity solutions in Turkey.
SK Hynix Courts US AI Investors With $29 Billion IPO
SK Hynix is conducting a $29 billion US initial public offering scheduled for July 10, which would be the largest share sale ever by a foreign firm. The listing aims to attract American AI investors beyond simply raising capital for the South Korean semiconductor maker.
Microsoft Merges Enterprise and Consumer Copilot Apps
Microsoft is merging its Copilot consumer and enterprise AI applications into a single product. The company is removing unwanted features to improve customer satisfaction with the combined app.
Crypto Payments Firm Mesh Eyes $2 Billion Valuation Backed by Binance
Mesh, a crypto payments firm, is seeking a funding round led by Binance that could value the company at $2 billion. The round reflects growing demand for digital asset-to-fiat transfer tools and payment systems.
Tesla Pumps Brakes on In-House AI Usage
Tesla is implementing a $200 weekly limit on employee AI spending starting July 6. The restriction applies to internal company AI usage across its staff.