Financial Services

Identity Verification Market to Double to $33.36B by 2031

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Identity Verification Market to Double to $33.36B by 2031

Delray Beach, Fla. – October 08, 2026 -- The global Identity Verification Market is set to grow from USD 16.48 billion in 2026 to USD 33.36 billion by 2031, a compound annual growth rate of 15.1%, according to MarketsandMarkets.

Regulatory pressure and digital onboarding fuel market expansion

The 2025 market was valued at USD 14.34 billion. Growth is being driven by tightening customer due diligence and beneficial-ownership rules in financial services, retail, telecommunications, healthcare and government, pushing organizations toward automated document authentication and biometric verification to replace manual checks.

DoubleZero Adds Binance as Fifth Venue on Edge Market Data Feed

New York – October 08, 2026 -- DoubleZero Foundation has added Binance's full spot and futures market data to its Edge platform, making the exchange the first centralized venue and fifth overall data source on the network. Binance joins Solana, Kalshi, Hyperliquid, and Phoenix on the same multicast feed, delivered over DoubleZero's dedicated fiber infrastructure.

Binance becomes first centralized exchange integrated into Edge's multicast feed

Edge now normalizes top-of-book and trade data across all symbols on Binance's spot and futures markets, ingested in Tokyo and distributed via dedicated fiber. The data is formatted to the same schema used for the platform's other four venues, allowing trading teams to deploy code written for one market across all five without rebuilding integrations.

24X Expands Warrant Incentive Program Ahead of December Launch

Stamford, Conn. – October 08, 2026 -- 24X National Exchange LLC has filed a proposed rule change with the U.S. Securities and Exchange Commission to expand its warrant performance incentive program, adding equity worth 22.25% of parent company 24X US Holdings LLC on a fully diluted basis for participating broker-dealers.

24X adds 22.25% in new equity and extends program through June 2028

The original program, running through December 31, 2027, offered non-voting equity equal to 10% of 24X US Holdings on a fully diluted basis. The newly filed expansion (SR-24X-2026-26) can be earned starting in 2027 and across two additional quarterly measurement periods in 2028, pushing the program's end date to June 30, 2028.

Samsung Wallet Adds USDC Transfers on Solana for 82 Million Devices

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Samsung Wallet Adds USDC Transfers on Solana for 82 Million Devices

New York – October 07, 2026 -- Samsung Wallet and Samsung Pay will support stablecoin transfers on Solana, letting U.S. Galaxy users send cross-border payments in USDC starting the last week of October 2026, the Solana Foundation announced.

Feature launches across 82 million U.S. Galaxy devices

The remittance tool is embedded directly into Samsung Wallet, the same interface users already use for cards, boarding passes and IDs. Integrated fiat on- and off-ramps will convert funds to and from local currency, with Solana's infrastructure running in the background. Additional international markets will follow, subject to local regulatory approval.

Anyflo Exits Stealth, Acquires Native to Streamline Enterprise Stablecoin Payments

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Anyflo Exits Stealth, Acquires Native to Streamline Enterprise Stablecoin Payments

Singapore – October 07, 2026 -- Anyflo, a stablecoin payments orchestration service, has emerged from stealth at Sui Basecamp during TOKEN2049 Singapore, backed by a USD 1 million investment from Mysten Labs and the acqui-hire of Sui-based startup Native.

Mysten Labs incubates new venture with $1 million backing

Anyflo was founded by CEO Lola Oyelayo-Pearson, former GM Product at Mysten Labs, the original contributor to the Sui blockchain. Oyelayo-Pearson previously built products at Shopify Money and Capital One. Mysten Labs has invested USD 1 million in the company and provides early infrastructure backing.

TOKEN2049 Launches New York Edition, Expects 15,000 Attendees

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TOKEN2049 Launches New York Edition, Expects 15,000 Attendees

Singapore – October 07, 2026 -- TOKEN2049, billed as the world's largest crypto conference, will launch its inaugural New York edition on 16-17 June 2027, expecting 15,000 attendees from around the world.

New York becomes TOKEN2049's third permanent flagship event

The announcement, made at TOKEN2049 Singapore, establishes New York as a permanent fixture on the conference's annual circuit alongside Singapore and Dubai. The expansion extends TOKEN2049's footprint across Asia, the Middle East and North America, placing the event at the center of global capital markets.

Citywide programme to accompany two-day main conference

Beyond the core two-day conference, TOKEN2049 Week will take over New York with a citywide programme of events and experiences, mirroring the format used in Singapore and Dubai.

Tickets priced at US$599 go on sale immediately

Tickets for TOKEN2049 New York are now on sale at US$599 per attendee.

Frax Becomes First Crypto Firm With ICANN Top-Level Domain Bid

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Frax Becomes First Crypto Firm With ICANN Top-Level Domain Bid

Las Vegas – October 07, 2026 -- Frax has become the first crypto company to have an ICANN top-level domain application revealed, with .frax published under the 2026 New Generic Top-Level Domains Program. If delegated, .frax would function as a globally recognized internet domain alongside .com and .org.

.frax Would Link Blockchain-Based Naming With the Global DNS

Frax intends .frax to be the first end-to-end top-level domain connecting the traditional internet with onchain infrastructure. Users would register and manage .frax domains through Frax Name Service (FNS) on Frax's blockchain network, Fraxtal, while those domains continue to resolve through the standard global Domain Name System.

Progressive Tops Keynova's Q3 2026 Mobile Insurance Scorecard

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Progressive Tops Keynova's Q3 2026 Mobile Insurance Scorecard

Wilmington, Del. – October 07, 2026 -- Progressive has claimed first place overall and for mobile web in Keynova Group's Q3 2026 Mobile Insurance Scorecard, while Allstate took the top spot for mobile app experience, according to the semi-annual benchmark of the 12 largest U.S. auto and property insurers.

Carriers push personalized savings tools as premiums climb

One-third of the 12 carriers evaluated have introduced enhanced mobile tools that let existing policyholders identify and apply for new discounts, policy options or deductible changes, moving beyond discount offers limited to new-policy quoting. These guided savings assessments factor in a policyholder's current deductibles, coverages and discounts to generate targeted recommendations.

Cetera Adds $235 Million Advisor From Commonwealth's LPL Exodus

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Cetera Adds $235 Million Advisor From Commonwealth's LPL Exodus

San Diego – October 07, 2026 -- Cetera has recruited financial advisor Cynthia Doussard and her practice, Doussard Financial, which oversees approximately $235 million in assets under administration, into its Summit Financial Networks community.

Advisor exits Commonwealth after 24-year tenure following LPL acquisition

Doussard, based in Burlington, Washington, spent nearly 30 years in the industry, including more than two decades affiliated with Commonwealth Financial Network. She began searching for a new partner only after Commonwealth announced its acquisition by LPL Financial, spending roughly a year evaluating offers from multiple recruiters and broker-dealers before selecting Cetera.

Project Eleven Launches Strongpoint Custody Platform, Adds Zcash Foundation

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Project Eleven Launches Strongpoint Custody Platform, Adds Zcash Foundation

New York – October 06, 2026 -- Project Eleven has launched Strongpoint, an institutional custody platform designed to protect digital assets as networks migrate to post-quantum cryptography, with the Zcash Foundation joining as the initial development partner. More than $1 trillion in digital assets remain exposed to attack by sufficiently powerful quantum computers, according to the company.

Strongpoint offers a single control layer as cryptographic standards shift across networks

Strongpoint is built to let institutions maintain a consistent set of key-management, transaction-approval and audit controls even as the cryptography underlying individual blockchains changes. The architecture is meant to avoid forcing institutions to rebuild custody infrastructure each time a network adopts a new signature scheme.