CFOs can plan for higher costs—but not for chaos. When tariffs shift overnight, suppliers stumble, or regulations rewrite the rules, even the most robust forecasts collapse. According to the Certainty Project’s latest 2025 Data Book, which surveyed 60 CFOs at U.S. middle-market companies ($100 million to $1 billion in annual revenue), uncertainty is now the … Read more
FinTech payments processor Unlimit has introduced an exciting new feature: the ability to transfer fiat funds to Apple Pay cards directly through its platform. Announced on October 28, 2025, this integration simplifies the process for consumers looking to convert their cryptocurrency holdings back into traditional currency, enabling them to quickly access their funds via Apple … Read more
In an exciting new partnership, Venmo and Bilt have teamed up to offer rent and mortgage payments directly through the popular Venmo app. Announced on October 27, this collaboration marks a significant step for both platforms, integrating housing payments with everyday commerce while rewarding users for making payments. Beginning early next year, Bilt members will … Read more
The Consumer Financial Protection Bureau (CFPB) has received 13,979 comments on its proposed Open Banking Rule, one of the most closely watched regulatory initiatives in U.S. financial policy this decade. The flood of feedback underscores how central data access and consumer privacy have become to the future of financial services. Under Section 1033 of the … Read more
Evolve Bank & Trust’s board of directors has terminated CEO Bob Hartheimer, effective immediately, following his arrest in Memphis on felony charges involving the alleged sexual exploitation of a minor and distribution of obscene material. Authorities confirmed that U.S. Marshals took Hartheimer, 68, into custody on Thursday (Oct. 23) as federal agents executed a search … Read more
DraftKings Inc. (Nasdaq: DKNG) has officially entered the rapidly growing world of regulated prediction markets through its acquisition of Railbird Technologies Inc. and its subsidiary Railbird Exchange, LLC, a federally licensed exchange designated by the Commodity Futures Trading Commission (CFTC). The acquisition marks a major strategic expansion beyond sports betting and daily fantasy, aligning DraftKings … Read more
Capital One’s third-quarter 2025 earnings showcased a transformative period for the banking giant, highlighting both the operational momentum from its Discover acquisition and underlying organic growth across its credit and auto segments. CEO Richard Fairbank called the Discover deal the “dominant driver” of results, but emphasized that Capital One’s legacy businesses continue to deliver top-line … Read more
LendingClub’s third-quarter 2025 results reveal how its LevelUp Checking product has become a cornerstone of customer acquisition and lending growth. The company reported loan originations up 37% year over year to $2.6 billion — the highest in three years — and total revenues rising 32% to $266 million. Marketplace revenues surged 75% to $108 million, … Read more
In a major development for global finance and payments, Modern Treasury has acquired Beam to unify traditional and blockchain-based payment rails. The integration will combine Modern Treasury’s enterprise-grade infrastructure for money movement with Beam’s stablecoin and fiat orchestration capabilities, enabling seamless real-time payments and liquidity optimization. This acquisition marks a significant leap forward in the … Read more
Allica Bank, one of the United Kingdom’s fastest-growing challenger banks, has made a decisive move into embedded finance with the acquisition of small and mid-sized business (SMB) lending FinTech Kriya. Announced Wednesday (Oct. 22), the acquisition will enable Allica to integrate Kriya’s PayLater platform and extend flexible working capital options to SMBs — a market … Read more