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Talos: USDC Turns Over 741x a Year, Dwarfing USDT Velocity

Talos, the institutional digital asset trading platform, has published a bottom-up analysis of stablecoin transfer activity across Ethereum, Base and Tron, finding that USDC and USDT display markedly different velocity profiles despite both being classed as dollar-pegged stablecoins. The report, titled “Beneath the Trillions,” is the latest output from Talos’s CM ATLAS and Network Data Pro data products.The headline figure is large: stablecoins have collectively settled $41.7 t

SIBOS Miami 2026: Tom Durkin – CashPro – Bank of America

In this insightful interview, Tom Durkin from Bank of America shares how their comprehensive working capital platform enhances efficiency and automation for corporate clients.Key takeaways:CashPro as a one-stop shop for corporate banking needs.Insights into the fintech revolution and client awareness.The importance of education and insights for treasury teams.Balancing in-house capabilities with banking partnerships.The future of treasury management and automation trends.The post SIBOS Miami 202

LemonEdge CEO on Why Private Markets Outgrew Their Systems

<h4>Private markets have grown faster than the fund accounting systems underneath them, and many firms have filled the gap with spreadsheets. LemonEdge, a fund accounting platform built for private markets, is betting that this is the moment those firms finally replace their core infrastructure.</h4><figure id="attachment_136754" aria-describedby="caption-attachment-136754" style="width: 150px" class="wp-caption alignleft"><a href="https://thefintechtimes.com/wp-content/uploads/2026/09/David-New.jpeg"><img decoding="async" class="wp-image-136754" src="https://thefintechtimes.com/wp-content/uploads/2026/09/David-New-e1790680152345.jpeg" alt="" width="150" height="188" srcset="https://thefintechtimes.com/wp-content/uploads/2026/09/David-New-e1790680152345.jpeg 606w, https://thefintechtimes.com/wp-content/uploads/2026/09/David-New-e1790680152345-239x300.jpeg 239w, https://thefintechtimes.com/wp-content/uploads/2026/09/David-New-e1790680152345-119x150.jpeg 119w, https://thefintechtimes.com/wp-content/uploads/2026/09/David-New-e1790680152345-318x400.jpeg 318w, https://thefintechtimes.com/wp-content/uploads/2026/09/David-New-e1790680152345-585x736.jpeg 585w" sizes="(max-width: 150px) 100vw, 150px" /></a><figcaption id="caption-attachment-136754" class="wp-caption-text">David O’Malley, CEO at LemonEdge</figcaption></figure>The company closed a USD 21 million Series A in July, led by Blackstone Innovations Investments and joined by BNY, with participation from existing investor Sidekick Partners. It took total funding to more than USD 30 million. At the same time LemonEdge appointed David T. O’Malley, previously president of Numerated Growth Technology, which was sold to Moody’s Analytics, as chief executive officer and board chair.O’Malley said the funding is aimed at breadth and depth rather than a change of direction. “The investment allows us to accelerate an already ambitious innovation roadmap,” he said. “In particular, we are expanding our ability to serve a breadth of asset classes, and investing more deeply in AI capabilities that solve practical problems for fund managers, administrators and finance teams. It will also help us scale delivery in the US and Europe.”On the investors, he pointed to the pressure new fund structures, asset classes, investor expectations and reporting requirements are putting on older platforms. “Both Blackstone and BNY recognise the importance of having a trusted system of record where data is governed, auditable and accurate,” he said. “Their involvement brings much more than capital: they provide deep industry expertise and insight into the challenges facing some of the world’s most sophisticated private market firms.”<h5>Workarounds that became the system</h5>LemonEdge cites a forecast that global private market assets under management will reach USD 26.7 trillion by 2030. O’Malley’s explanation for why the technology has lagged is that it was built for a simpler market and then patched. “As the industry evolved, firms frequently responded by adding spreadsheets and manual processes around their core accounting platforms,” he said. “Those workarounds enabled them to keep moving, but they also created fragmented data, duplication and operational risk.”Replacing the core is a decision firms put off for good reason, he acknowledged. “It sits at the centre of highly sensitive financial processes, so risk aversion is understandable. The result, however, is that modernisation efforts have often been deferred until the operational cost of standing still becomes greater than the perceived risk of modernisation.”He was specific about what modernisation is not. “Modernisation is not simply moving an existing system into the cloud or applying a new interface to old architecture,” he said. “It means bringing processes that have historically sat in spreadsheets or other offline tools into one governed, real-time and auditable system. The platform needs to understand private-market accounting requirements, including complex ownership structures, allocations and reporting obligations.”Connectivity is the other half. “A modern platform needs an open, API-based architecture so it can connect with the wider technology stack and allow data to flow between systems without manual intervention.”<h5>Where AI fits in fund accounting</h5>O’Malley puts data before AI. “In fund accounting, an answer that is quick but not accurate, governed or explainable has very limited value,” he said. “The real foundation is therefore a single system of record in which the underlying data is complete, auditable and reliable.”He drew a line between the AI tools most common in private markets today, which help users answer questions, extract data from documents or build reports and dashboards, and what he sees as the larger opportunity. “These are useful capabilities, but they often still leave the user to complete the task themselves,” he said. “The bigger opportunity is for AI to work from the application model itself. It can see the objects, relationships, rules and context in each client’s environment, including custom configuration. The user describes the required outcome. The agent builds or runs the work in a controlled Canvas, where the result can be checked before anything reaches live.”He added a caveat. “Given the complexity and responsibility involved in fund accounting, it must operate within a controlled, transparent and auditable framework, with professional judgement and appropriate controls remaining firmly in place.”<h5>Lessons from Numerated</h5>From his time at Numerated, O’Malley said the main lesson was that technology alone does not scale an enterprise fintech business. “Strong technology is essential, but it only creates lasting value when clients can implement it successfully, adopt it across their organisations and see measurable improvements in how they operate,” he said. The second was to stay close to the market, “understanding the problems beneath their immediate requests and translating those insights into a disciplined product and commercial strategy”.Over the next year LemonEdge plans to focus its roadmap on AI, a wider set of asset classes and shorter client onboarding. “Education carries as much weight as the product,” O’Malley said. “LemonLab, our accreditation programme, certifies partners and clients across three levels, from operating the platform to building on it.”The company is headquartered in New York and London and says it serves private equity firms, fund administrators and large family offices with more than USD 2.5 trillion in assets under client management.The post <a href="https://thefintechtimes.com/lemonedge-ceo-on-why-private-markets-outgrew-their-systems/">LemonEdge CEO on Why Private Markets Outgrew Their Systems</a> appeared first on <a href="https://thefintechtimes.com">The Fintech Times</a>.

7 fragrances from Dior, Hugo Boss and more that will make perfect Christmas gifts

Most of them are currently on sale.Palo Santo Eau De Toilette 100ml, WAS £34.95 NOW £34, on AmazonPalo Santo Eau De ToiletteConsisting of an aromatic blend of bright cardamom, dry papyrus and Palo Santo, this budget fragrance has a woody, warm and sensual scent profile.Despite the fact that it's so affordable, shoppers say it smells far more expensive than it is, with many comparing it to 'designer' at only a fraction of the cost.Cremo's Palo Santo Eau De Toilette has become a signature scent fo

Why it took 32 years to execute Christa Pike after she killed at 18

Shipp, meanwhile, is currently still incarcerated at Tennessee's Northwest Correctional Complex, having avoided the death penalty due to his 17 years of age at the time of the killing.It may have taken 31 years to get to this moment, but today, Pike is finally due to be put to death via lethal injection — the resounding question being, why has this punishment taken so long?Christa Pike has spent more than 30 years on Death Row awaiting lethal injection (Jerry Cabluck/Sygma via Getty Images)Boast

SIBOS Miami 2026: AJ McCray – Bank of America

Learn how consumers and businesses can benefit from instant confirmations and full-value transfers without traditional banking delays.Key takeaways:Real-time payments enable consumers to send remittances overseas efficiently.Instant confirmation of payments enhances customer experience.Full value of payments is ensured, avoiding hidden fees.The role of stablecoins and tokenized deposits in modern banking.Future trends in payment solutions for both large and small transactions.The post SIBOS Miam

How the Harry Potter film cast compares to the HBO series

It's not long at all now until HBO Max subscribers are treated to a brand new take on Harry Potter, and a slew of cast announcements have shown how the TV series will differ from the beloved films.Our new Golden Trio will be played by Dominic McLaughlin, Alastair Stout and Arabella Stanton, and Daniel Radcliffe went out of his way to pen a supportive message for the young actors.Two trailers mean we've now seen much of the cast in action, with fresh takes on fan favourites like Hagrid, Professor

Man released from death row after 41 years as new evidence finally reveals the truth

A man who spent decades on death row after being convicted of killing the aunt of a police chief was released after new evidence emerged.Douglas Stewart Carter was previously sentenced to death over the killing of Eva Olesen in 1985, but after 41 years on death row DNA evidence which has been newly analysed does not link him to the crime, it has been found.Now Carter, 71, has been allowed out on bail, and must wear a GPS monitor ahead of a new trial, despite objections from the family of the vic

Men over 60 claim testosterone supplement 'boosts energy and libido' and it's currently on offer

Here's everything that you need to know.What is the testosterone supplement everyone is raving about?According to the NHS, testosterone is a hormone that affects the growth of body hair, muscle, bone, and can also have an impact on libido.Similarly to the menopause, men also undergo a hormonal shift around the age of 30 to 40, signs of low testosterone can include the following:Signs of low testosterone:Mood swingsLack of energyDifficulty sleepingPoor concentrationLow libidoLoss of muscle massFa

A Biotech Founder Makes the Moral Case for Gene-Editing Human Embryos

The practice of editing the genes of embryos remains highly controversial and risky, but Origin Genomics founder Cathy Tie argues its a “moral imperative” to address hereditary diseases.

Death row inmate Christa Pike's execution halted an hour before it was set to take place

Court of Appeals for the Sixth Circuit has now approved a request for a 'stay of execution for Pike', who has been on death row for 30 years.She is the only woman on Tennessee’s death row and would've been the first to have been put to death in the state in 200 years.But in a huge twist just an hour before her planned execution, judges have now said they want to review whether her allegations of sexual abuse and rape as a child were fully considered before she was sentenced to be put to death.Ch

What’s new on Netflix UK now

All flicks and series have been checked against what’s new to Netflix UK as of 30 September, so you’re sure to be met with success once you choose to watch any of the below.For future things to watch, you can check the current monthly schedule for releases and keep an eye out for our guide.Our current picks:Best new film: UNABOMBERBest new series: Monster: The Lizzie Borden StoryBest documentary: Untold Raygun: Breaking BadlyBest easy watch: Wedding CrashersWedding Crashers is here (New Line Cin

One pilot 'stabbed the other' and 'apparently tried to crash' Flydubai plane, Netanyahu says

A pilot on a flight to Israel stabbed another pilot and 'apparently tried to crash the plane', according to Benjamin Netanyahu.The Fly Dubai flight was travelling from Dubai to Tel Aviv when it fell from 33,000 feet to 17,000 feet in less than two minutes.A spokesperson for the commercial airliner confirmed in a statement to LADbible that 'an altercation occurred in the flight deck of flight FZ 1073, operating from Dubai International (DXB) to Ben Gurion International Airport (TLV), on 30 Septem

'World's most powerful weight loss drug' has unexpected side effect, new study finds

People who were involved in the study had type 2 diabetes as well as a body mass index of 27 or above, with the average age being 55 and 52 percent of those involved being male and 48 percent female.The trial was conducted over 80 weeks, with 1,152 people randomly selected to have a drug, of which 289 had a placebo, 292 had a 4mg dose of retatrutide, 284 a 9mg dose, and 287 a 12mg dose, with participants also being given counselling on physical activity and diet.This is the largest study of its

Sailor who only works for six months a year shares how much he annually earns

While aboard a dredging vessel, Dean says his job is to excavate and move material such as sand and sediment from waterways so ships can pass through them.Detailing his daily rate, the content creator explained: “With my job as an able-bodied seaman, I will be making $446 a day in the Merchant Marine.”However, Dean stressed that his basic daily wage isn't the only money he receives.“The thing with the merchant marine is it is unlike any other job. We don't get paid just in one way. There are man

SIBOS Miami 2026: Philip Bruno – Chief Strategy and Growth Officer – ACI Worldwide

Learn how banks can navigate the complexities of new payment instruments and the role of stable coins in modern finance.Key takeaways:Interoperability is about orchestration and creating value for customers.The rise of multiple payment types requires integrated infrastructure.Large institutions may build their own solutions, while others seek control without full ownership.Stable coins present both opportunities and challenges for banks.Consumers prioritize convenience over the complexities of p

The Best Gifts for Book Lovers (2026): E-Readers, Handy Accessories, Book Sets

Any one of these gift ideas will make your favorite bookworm very happy, from e-readers and accessories to handy reading essentials.

Revolut Secures French Banking Licence from ACPR and ECB

Revolut has obtained a full banking licence for its French entity, Revolut Bank S.A. (RBSA), following a joint assessment by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the European Central Bank, with the decision formally adopted by the ECB Governing Council. The licence was announced on 10 August 2026.The approval gives Revolut a second regulated banking hub in continental Europe, sitting alongside its Lithuanian entity, Revolut Bank UAB, which is supervised by the Bank of

The Best Gaming Routers (2026): Tested By a Family of Gamers

Gaming online can seriously strain your internet connection, but the best gaming routers could give you the edge.

Black Twitter Is Thriving—on Threads

From outrage over Nolan Wells’ death to analysis of HBO Max’s Lanterns, Threads has transformed into a vital artery of the Black social media ecosystem.