Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle
Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle

Aconsortium of more than 140 financial and technology companies, among them Visa, Mastercard, Stripe and Coinbase, launched a new dollar-pegged stablecoin on Tuesday called Open USD. The venture, run by an independent company named Open Standard, is a …

The American dream is ‘very dead’ for young Americans, says Mrs. Dow Jones
The American dream is ‘very dead’ for young Americans, says Mrs. Dow Jones

The American dream is “very dead” for millennials and Gen Z, according to financial influencer Haley Sacks, better known as Mrs. Dow Jones. In an interview with Business Insider, Sacks argued that traditional markers of middle-class success, homeowners…

Coutts raised its minimum to £3 million. Revolut just set its at £500,000. The mass-affluent gap is the point.
Coutts raised its minimum to £3 million. Revolut just set its at £500,000. The mass-affluent gap is the point.

  Revolut is planning to launch a private banking unit in the United Kingdom and parts of Europe as soon as this summer, according to a person with knowledge of the matter. The eligibility threshold is 500,000 pounds, roughly 675,000 dollars. Coutts, t…

Xero partners with Anthropic to put small business finances inside Claude
Xero partners with Anthropic to put small business finances inside Claude

Xero, the New Zealand-founded accounting platform used by 4.6 million subscribers worldwide, announced on Wednesday a multi-year partnership with Anthropic that will embed Claude directly into its product and, more unusually, bring Xero’s financial dat…

Clarity as strategy
Clarity as strategy

CuraeSoft, a software studio developing practical solutions for professional services firms, observes that among growing consultancies and service-based organizations, many leaders operate without clear visibility into the profitability of their work. …