FedNow Raises Instant Payment Limit to $10 Million

Federal Reserve Financial Services will increase the FedNow Service network transaction limit from $1 million to $10 million in response to growing commercial demand, effective November 2025. The increased limit will enable financial institutions and businesses to support higher-value use cases and reflects an increasing need for speed and certainty in the modern payments ecosystem. “Our second transaction limit increase this year reflects the growing demand for instant payments — as the benefits of immediate funds availability...

PCI Pal Appoints Kathy Varney as Chief Marketing Officer

PCI Pal, the global SaaS provider of secure payment solutions for business communications, today announced the appointment of Kathy Varney as its new Chief Marketing Officer (CMO). Kathy brings more than two decades of leadership in global marketing, with a proven track record of scaling B2B technology brands and enabling partner-led growth. With deep expertise in strategic marketing, demand generation, and customer experience transformation, Kathy has led high-performing teams across international markets. Prior to joining...

Airwallex Wins 3 Awards at 2025 Asia Fintech Awards

Airwallex, a leading global financial platform, has swept three awards at the Asia FinTech Awards 2025, one of the region’s most prestigious recognitions of fintech excellence. This year, Airwallex is the only company to win a remarkable hat-trick of awards: Banking Tech of the Year Best Employer of the Year Director of the Year – Arnold Chan, General Manager, Asia Pacific Winning one award is a significant milestone, but winning three – from among hundreds...

BitMine Becomes World’s Largest Ethereum Treasury

BitMine Crypto + Cash Holdings Exceed $8.8 billion, including 1.71 million ETH Tokens BitMine Crypto NAV per share is now $39.84 as of August 24th compared to $22.84 per share on July 27th. BitMine Crypto + Cash holdings of $8.8 billion is a $2.2 billion increase from $6.6 billion reported last week BitMine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital to support BitMine's goal of acquiring 5% of ETH

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