The financial industry is continually evolving, and decentralized finance (DeFi) is at the forefront of this transformation. Leveraging blockchain technology, DeFi is redefining traditional financial services with innovative models that promise greater accessibility, efficiency, and transparency.
March 24, 2025Coastal Financial Corp., the parent company of Coastal Community Bank, has recently unveiled a material weakness in its internal controls over financial reporting, specifically regarding its accounting practices. This revelation emerged in a Securities and Exchange Commission (SEC) filing,
March 21, 2025Digital payments and financial technology (fintech) are proving instrumental in fostering a sustainable future. The integration of eco-friendly solutions within financial services is increasingly seen as a priority, with the sector harnessing technology to mitigate its environmental impact. This
March 20, 2025In recent years, financial technology (fintech) has emerged as a transformative force within the financial sector of the Association of Southeast Asian Nations (ASEAN). Fintech is reshaping economies, particularly in ASEAN’s six largest economies—Indonesia, Malaysia, the Philippines, Singapore, Tha
March 19, 2025The enduring battle against financial crime, including pervasive issues like money laundering and fraud, has been a persistent challenge for financial institutions and regulatory bodies alike. Traditional Anti-Money Laundering (AML) systems, burdened with outdated technology and labor-intensive
March 17, 2025The fintech landscape is rapidly evolving, and Synctera is making significant strides to stay ahead by securing $15 million in its latest funding round. This recent financial injection brings the company's total investment to $94 million, showcasing a robust vote of confidence from investors
March 14, 2025