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Global Fintech Series

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Finastra Appoints Adam Banks to Board of Directors

  • Finastra announced the appointment of Adam Banks to its Board of Directors, bringing deep transformation expertise in financial services, cybersecurity, and infrastructure sectors.
  • Banks has extensive experience in digital transformation, having held senior roles at influential companies such as A.P. Moller–Maersk, where he led technology transformation post-cyberattack.
  • As a technology leader, Banks has also worked at companies like FINkit and Visa, providing advisory services to a diverse portfolio of firms, from top corporations to startups.
  • His appointment through Vista Equity Partners creates a pathway for talented board candidates to drive results for Finastra and other portfolio companies, marking a pivotal time for Finastra's future growth.

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Medium

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️ The Time Trap: Managing Expectations Without Losing Trust

  • Exploring 'The Time Trap': unrealistic expectations, reactive planning, and strained relationships for tech teams.
  • Addressing disconnect between customer requests and delivery reality, proposing a human-centered approach.
  • Introducing Reflective Delivery Framework emphasizing transparency, accountability, and outcome-oriented planning.

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TechDigest

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Teachers urge parents against buying smartphones for children under 14

  • Teachers in the UK are advising parents to wait until their children are at least 14 before providing them with smartphones due to concerns over screen time and cyberbullying.
  • Some schools in Monmouthshire, South Wales, are implementing a county-wide policy against smartphones for children under 14, aiming to address well-being issues linked to excessive online activity.
  • While unable to enforce home policies, teachers hope their collective advice will aid parents hesitant to give smartphones to younger children, with the goal of advising over 9,000 children in Monmouthshire.
  • The debate on smartphone use for kids under 14 showcases varying parental perspectives, with some supporting the delay while others see smartphones as beneficial tools for communication and calming. Efforts like these have been seen in other UK areas as well.

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HinduBusinessLine

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9 people killed as vehicles fall into river after bridge collapse in Vadodara

  • A slab of the Gambhira bridge in Gujarat collapsed, leading to the death of nine people and rescuing nine others without critical injuries.
  • The collapse caused five vehicles to fall into the Mahisagar river, including trucks, vans, and an autorickshaw.
  • Three individuals on a two-wheeler that fell into the river managed to swim to safety.
  • Chief Minister Bhupendra Patel ordered a probe into the bridge collapse, with rescue operations carried out by local teams, the NDRF, and private engineers specializing in bridge construction.

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TronWeekly

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Pi Network Price Surge Sparks Bullish Reversal as PiBank Issues Key Clarification

  • Pi Network (PI) has shown a bullish reversal, with a 2.01% climb to $0.464393, driven by renewed investor confidence and increased volume.
  • Technical charts indicate key Fibonacci resistance, hinting at a potential breakout and new highs if momentum persists.
  • PiBank Protocol clarified its lack of affiliation with Pi Network, resolving community confusion over branding similarities.
  • Pi Network is gaining momentum following recent volatility, with forecasts suggesting the possibility of an 'altcoin season' in the broader cryptocurrency market.

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Psu

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Borderlands 4 Dev Teases What To Expect From Its Endgame: ‘We’re Taking A Lot Of The Lessons From Both Tiny Tina’s Wonderlands & Borderlands’

  • Graeme Timmins, Creative Director on Borderlands 4, discusses what players can expect from the game's endgame in an interview with Game Informer.
  • Timmins acknowledged the importance of endgame content, referencing the efforts put into curating the endgame of Borderlands 3 and hinting at the design considerations made for Borderlands 4's Action Skill tree.
  • The team has planned for Borderlands 4's endgame from the beginning, aiming to address issues like build diversity and balance, drawing lessons from both Tiny Tina’s Wonderlands and Borderlands to create the best endgame experience for players.
  • Borderlands 4 is set for release on PS5, PC, and Xbox Series X/S on September 12, 2025.

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Pymnts

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Click to Cancel Subscription Rule Quashed in Federal Court 

  • A federal court blocked the 'click to cancel' rule for subscription services, days before it was set to go into effect.
  • The ruling found that the Federal Trade Commission failed to follow proper procedures under the FTC Act in making the rule.
  • The rule, aimed at making it easy to cancel subscriptions, memberships, and recurring payments, faced opposition from trade associations and had a rocky path to implementation.
  • New York Attorney General Letitia James expressed disappointment over the ruling and stated consumers should not have to struggle to cancel subscriptions.

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Tokenhell

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Report: Crypto Fundraising Rose to $10 Billion in Quarter Two, Highest in Three Years

  • Venture capitalists invested over $10 billion in various crypto projects in Q2, the highest amount since early 2022, with $5.14 billion raised in June alone.
  • Coinbase Ventures led the investments with over 20 deals in Q2, followed by Pantera Capital, Galaxy Ventures, and Paradigm.
  • Decentralized finance and blockchain infrastructure attracted significant investor interest, while meme coins received the least funding in Q2.
  • Galaxy Ventures raised $175 million in external funds in June and aims to support projects in payment, stablecoin, and tokenization sectors.

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Coinpedia

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Is 0% Crypto Tax Coming? Everything About the U.S. House Hearing

  • The U.S. House is holding a hearing to explore how tax policy can position America as a leader in digital assets with a focus on developing a tax policy to support digital asset growth in the U.S.
  • Rumors circulating on social media suggest a 0% capital gains tax might be proposed for U.S.-based tokens, potentially impacting investors and sparking a crypto market rally, although there is no official confirmation yet.
  • Senator Cynthia Lummis introduced a bill aimed at updating crypto tax rules to align with traditional finance, making it easier to use and innovate with digital assets. The proposed bill includes exemptions, deferring taxes on certain activities, and aims to simplify the tax system.
  • Despite the speculation surrounding a 0% capital gains tax, the focus of the House hearing appears to be on future crypto tax policy to provide clarity and support mainstream adoption, with the digital asset tax policy framework hearing being postponed with no new date announced yet.

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Tech Radar

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Gmail's latest update could finally declutter your inbox - and get rid of all those old subscriptions you never use

  • Gmail has introduced a 'Manage subscriptions' feature to help users easily unsubscribe from old email subscriptions.
  • Users can now view and unsubscribe from all active subscriptions in one place on both mobile and web platforms.
  • The feature includes one-click unsubscription support as well as a sender blocking tool for subscriptions that don't offer easy unsubscribing.
  • Google is using AI to reduce the number of scam emails and help users manage the overwhelming amount of spam and subscription emails received daily.

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Coinpedia

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Dubai Signs Deal With Crypto.com – Pay for Flights and Shopping in Crypto

  • Dubai signs a deal with Crypto.com and Dubai Duty Free to allow travelers to pay for flights and duty-free shopping using cryptocurrency.
  • Emirates will integrate Crypto.com Pay for ticket bookings and in-flight services, while Dubai Duty Free plans to accept crypto payments online and at stores.
  • This move aligns with Dubai's broader push towards financial innovation, aiming to go 90% cashless by 2026.
  • Dubai's agreement with Crypto.com is part of its wider digital finance strategy to embrace crypto payments in various sectors, reinforcing the UAE's reputation for digital-forward financial frameworks.

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Insider

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Virgin Atlantic is swapping onboard bars for high-end suites as the luxury travel boom funds a major overhaul

  • Virgin Atlantic is revamping its cabins by removing onboard bars and adding premium suites.
  • The airline aims to cater to the increasing demand for luxury travel post-pandemic.
  • The additions include Retreat Suites, more upper-class and premium seats, and upgraded WiFi.
  • The company's focus on premium services is fueled by a shift towards affluent passengers.

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TechBullion

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Top Naturopathic Clinics of Santa Monica to Visit in 2025

  • Santa Monica is seeing an increase in interest in naturopathic medicine, with Dr. Meredith Bull's Naturopathic Clinic being a standout option for personalized, science-informed care.
  • Dr. Bull's clinic offers compassionate care with a focus on understanding underlying health challenges, not just treating symptoms, through thorough and empowering appointments.
  • Patients value the clinic for its blend of medical training, respectful communication, and genuine guidance, with services including functional lab testing and individualized wellness plans.
  • The clinic practices within the legal scope of naturopathic medicine in California, offers 60-75 minute initial visits, and emphasizes a science-informed, whole-person approach to wellness.

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Pv-Magazine

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EU expresses reluctance on opex support for solar, cleantech manufacturers

  • The European Commission is hesitant to prioritize operational expenditure (opex) support for solar and clean technology manufacturers due to concerns about market distortion despite rising insolvencies in the European PV sector.
  • Several industry analysts suggest that the European PV sector requires opex support to cover operating and maintenance costs across the supply chain, similar to the US Inflation Reduction Act, to survive amid global overcapacity and volatile energy prices.
  • The European Commission resists implementing an opex scheme, fearing it could maintain inefficient market players without encouraging efficiency improvements, and could hinder competition.
  • Various organizations like the European Solar Manufacturing Council and SolarPower Europe emphasize the need for opex support to bridge the cost gap with global competitors and revive the European renewable energy manufacturing industry.

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HRKatha

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ZS to hire 4,000 globally; strengthens GCC operations in India

  • ZS plans to hire 4,000 employees globally with a focus on expanding operations in India.
  • India, with nearly 10,000 ZS professionals in six cities, plays a key role in the firm's service offerings.
  • ZS sees India as a core innovation center, shifting focus to high-skill services like data science and AI.
  • The company promotes its 'GCC-as-a-service' model, aiding firms in setting up centers without overhead management.

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