In 2024, the US FinTech industry faced a 37% drop in funding, with total investments plummeting to $51 billion from $80.4 billion in 2023. The…
In 2024, the global RegTech industry experienced a 43% decline in deal activity, with total funding dropping to $6.53 billion, a 36% decrease from 2023.…
The National Institute of Standards and Technology (NIST) may lay off up to 500 employees, raising concerns about the future of the US AI Safety…
ElectronX, a firm specializing in electricity derivatives trading, has raised $10 million in a recent funding round led by Systemiq Capital, with participation from Equinor…
In 2024, the Trump administration is moving towards consolidating federal financial regulators, potentially reshaping financial oversight. Discussions to merge institutions like the FDIC and OCC…
A recent U.S. federal court ruling favored Thomson Reuters in its copyright case against Ross Intelligence, a legal tech firm accused of using Reuters’ content…
TikTok, owned by ByteDance, faces challenges in the U.S. over user data privacy and potential government access. Recently, the app briefly went offline, impacting millions…
Trustly has partnered with Spreedly to enhance payment processing for merchants by integrating Trustly’s Pay by Bank capabilities into Spreedly’s Open Payments platform. This collaboration…
In 2024, the US RegTech investment landscape saw a significant decline, with total funding dropping 28% to $5 billion and deal volume decreasing 45% to…
Elon Musk’s advisory board, the Department of Government Efficiency (DOGE), has gained alarming access to sensitive U.S. government data, including personal information of millions of…