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Foregoing Banking-as-a-Service: Case study concludes Current’s core banking technology provides a key edge in the market

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New research from Datos Insights reveals how building vs. buying a core platform has unlocked a competitive advantage for the fintech

NEW YORK, March 20, 2025 /PRNewswire/ — Current, a leading consumer fintech banking platform transforming financial access for everyday Americans, announced the publication of a new case study from Datos Insights, an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations, which concluded Current’s strategic decision to build its own core banking technology has created a sustainable, competitive advantage in the market.

Datos Insights concluded Current’s decision to build its core banking technology has created a competitive advantage.

The study, titled “Foregoing BaaS: How Owning the Core Fuels Current’s Success”, identifies and details how Current’s proprietary cloud-native core banking platform enables the fintech to develop innovative products faster than competitors, maintain lower operating costs, deliver superior member experiences, and provide an unmatched ability to efficiently scale as well as a faster path to profitability.

“Getting a fintech company to market is faster when you rely on financial infrastructure partners, but it becomes much harder to scale or differentiate that way,” said Trevor Marshall, CTO and Co-Founder, Current. “To achieve scalable growth in this industry, focusing on your own technology is critical. By doing so, we not only gain operational and financial efficiencies but, more importantly, deliver greater value to our members. With full control over our tech stack, we can design products that seamlessly work together, ensuring the best possible experience for our members, who are at the heart of everything we do.”

Key insights from the study include:

Core Technology Will Become an Investment Priority: The success of Current’s approach could drive increased investment in proprietary core banking technologies across the industryOwning Financial Infrastructure Creates a Technology Moat: As successful companies like Current demonstrate the advantages of owned infrastructure, the gap between market leaders and followers is likely to expandReal-Time Processing is a Differentiator: Current’s platform enables instant updates across all accounts and products, contrasting with traditional batch processing systemsAdvanced Data Architecture and AI-Powered Decisioning Are Critical for Managing Risk: Initiatives like the implementation of ISO 20022 for card processing allow for richer data exchange and more sophisticated risk modeling than legacy systems. Integration with Google Vertex AI enables instant, accurate predictions for risk management and fraud prevention

The study also highlights Current’s Build Card, developed in collaboration with Cross River Bank, as an example of how real-time data processing and a compliant, technologically innovative approach to the bank-fintech relationship model, enables responsible products that truly expand consumer access. The card’s dynamic credit limit updates instantly as transactions occur across multiple accounts, allowing full access to deposited funds while maintaining security—a feature impossible with traditional banking infrastructure.

“The proprietary core banking technology that Current has built and its capabilities really stand out in the market,” said David Shipper, Strategic Advisor at Datos Insights. “Their experience demonstrates that while building a proprietary core platform requires significant upfront investment, it can deliver compelling long-term advantages in cost structure, innovation capacity, and member experience. We could see a stratification in the market, with companies that own their technology stacks enjoying sustained competitive advantages.”

About Current

Current is a leading consumer fintech banking platform transforming financial access for everyday Americans. We’re focused on building integrated solutions to solve needs that stand between Americans and their financial goals, making it easier for everyone to build the future they deserve. To learn more about us, visit http://www.current.com or download our app on the App Store or Google Play.

Current is backed by investments from Andreessen Horowitz, Tiger Global Management, Avenir, Wellington Management, General Catalyst, Cross River, Foundation Capital and QED Investors.

About Datos Insights

Datos Insights is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts.

Media Contact:
Erin Bruehl
VP of Communications, Current
media@current.com

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NX Group Unites at transport logistic 2025, Showcasing Global Strength and Sustainability

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TOKYO, May 23, 2025 /PRNewswire/ — Nippon Express Europe GmbH (hereinafter “NX Europe”), a Duesseldorf, Germany-based core company of NIPPON EXPRESS HOLDINGS, INC., is pleased to announce its participation in “transport logistic 2025,” to be held in Munich, Germany, from Monday, June 2, to Thursday, June 5. This marks the third consecutive appearance of NX Europe at the world’s leading logistics trade fair.

Logo: https://drive.google.com/file/d/1dqm0cxpYamnvMUra1AGXMuGlX932Z353/view?usp=drive_link

Image: https://drive.google.com/file/d/1FGqvNHRs6HPfuKIiMKObFuWk0jGMBz3x/view?usp=drive_link

Reflecting its growing integration and global scale, the NX Group will present a unified presence under NIPPON EXPRESS HOLDINGS, bringing together key group companies — cargo-partner, APC Logistics, MD Logistics, and newly joined Simon Hegele Logistics — at a single shared booth (Hall A4, Booth 319/420). This collaborative showcase will highlight the Group’s full-spectrum logistics capabilities and its evolution into one of the world’s most comprehensive and customer-driven logistics providers.

“Our participation this year represents more than just a presence; it’s a statement of growth, integration, and purpose,” says Shinichi Kakiyama, President of NX Europe. “As a unified NX Group, we offer our customers both global scale and local precision, backed by a shared commitment to excellence and sustainability.”

The exhibition will underscore the strength of the NX Group’s international operations. cargo-partner, with its global footprint, offers strong air, sea and rail connections between Central and Eastern Europe and Asia, and supports high-speed road transport through major regional hubs in Vienna, Zory, Ljubljana, Zagreb, and Sofia. Simon Hegele enhances the Group’s presence in healthcare, high-tech equipment and other highly specialized logistics as well as value-added installation services. MD Logistics, based in the United States, contributes deep expertise in pharmaceutical and consumer goods supply chains, while APC Logistics complements the Group’s end-to-end service range. Together, these companies represent the NX Group’s unified capabilities in meeting diverse global logistics challenges.

Sustainability is a key focus for the NX Group at this year’s event. The Group continues to align with global ESG (Environmental, Social and Governance) objectives, demonstrating concrete actions to reduce environmental impact, meet evolving compliance standards, and help customers achieve their own sustainability targets. Low-emission transport options, advanced carbon-tracking systems, and ESG-aligned logistics solutions will be featured prominently. Supporting these themes, the NX Group’s booth will incorporate eco-conscious design elements and environmentally friendly promotional materials.

transport logistic 2025 will also serve as a live platform for the Group’s global brand campaign, “Anything to Anywhere,” which launched in December 2024. The campaign captures the NX Group’s ability to deliver even the most complex cargo with precision, creativity and reliability, ranging from delicate semiconductors to priceless museum artifacts. As a striking nod to the campaign’s concept, a life-sized dinosaur model will be revealed at the booth, capturing attention while symbolizing the Group’s ability to turn logistical challenges into bold, successful outcomes.

The NX Group remains dedicated to driving innovation in global logistics and supporting the continued growth and transformation of its customers’ supply chains across Europe and around the world.

About the NX Group: https://drive.google.com/file/d/1g1Rtb9Mie5yhenpOr8A007kKolh1gBJ6/view?usp=drive_link

NX Group official website: https://www.nipponexpress.com/

NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/

View original content:https://www.prnewswire.co.uk/news-releases/nx-group-unites-at-transport-logistic-2025-showcasing-global-strength-and-sustainability-302463957.html

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Shieldworkz Expands OT Cybersecurity Offerings to Tackle Emerging Threats and Posture Management Needs

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ABU DHABI, UAE and BANGALORE, India, May 23, 2025 /PRNewswire/ — Shieldworkz, a leading cybersecurity innovator, today announced the expansion of its Cyber-Physical System security offerings. This strategic move addresses the evolving threat landscape, increasing regulatory compliance obligations, and growing demand for proactive security posture management across industries.

The expanded portfolio focuses on enhanced AI-powered risk and gap assessment, automated exposure and cyber risk management, and security posture optimization—enabling enterprises to stay ahead of sophisticated cyber threats and regulatory expectations. Shieldworkz has been working with leading enterprises and governments around the world to secure their critical systems through its comprehensive suite of services.

With this move, Shieldworkz reinforces its OT security leadership while strengthening its commitment to delivering end-to-end OT security solutions.

Kiran Zachariah, CEO Shieldworkz:
“Cyber threats are evolving faster than ever, and so must the way we defend against them. Our expanded OT security offerings are designed to give organizations the insights and control they need to proactively manage cyber risk—not just react to it. We’re bridging the gap between visibility and action.”

About Shieldworkz

Shieldworkz (Shieldworks OT Systems) is a leading cybersecurity firm specializing in safeguarding cyber-physical systems (CPS) across industries such as utilities, oil and gas, airports, ports, manufacturing, mining and smart cities. Leveraging proprietary technologies, unmatched OT security services portfolio, SOC offering (including SOCaas) and a robust consulting platform, Shieldworkz enables businesses to secure their infrastructure.  

Shieldworkz’ offerings align with global frameworks, regulatory mandates and standards such as IEC 62443, NIST CSF, NIS2, NCA OTCC, MITRE ATT&CK® and Zero Trust architectures. These offerings include advanced managed security service offerings, automated risk and exposure management, and AI-driven security posture optimization, enabling enterprises to proactively manage cyber risks.  

With a commitment to delivering end-to-end security offerings, Shieldworkz empowers security teams to gain real-time visibility, reduce risk, comply with global standards and strengthen resilience.

For more information, visit: https://shieldworkz.com
Download OT security compliance kits here
Access the latest OT Security Threat Landscape Report here

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Logo: https://mma.prnewswire.com/media/2694121/Shieldworkz_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/shieldworkz-expands-ot-cybersecurity-offerings-to-tackle-emerging-threats-and-posture-management-needs-302463181.html

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Two Men Acquitted by Jury in Elton John Concert Dodger Stadium Beating Case

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Chad Reeves and Reese Hopkin were found “Not Guilty” by a jury after a 4 week trial where they were charged with Battery Causing Serious Injury and Personal Infliction of Serious Injury. The case was sparked by video that went viral which captured only the end of the fight. After the video went viral it was featured on TMZ as well as local and national news agencies.

LOS ANGELES, May 22, 2025 /PRNewswire-PRWeb/ — In the late afternoon hours of May 22, 2025, in the Superior Court of the County of Los Angeles, the Honorable Judge Craig Richman presiding, the jury in People v. Chad Reeves and Reece Hopkin, Case No. BA513971, after a three week criminal jury trial issued a verdict of “Not Guilty”, acquitting Chad Reeves and Reece Hopkin of Battery causing Serious Injury. Reece Hopkin was also acquitted of Vandalism.

“These two innocent men were falsely prosecuted by a District Attorney’s office that refused to look at the case objectively . . . I hope that these older George Gascón cases will be re-reviewed before more innocent men and women are brought to trial unnecessarily.”

According to case documents, the case stemmed from allegations that after the Elton John Concert at approximately 11:00 p.m. in the Dodger Stadium Parking lot, the defendants beat a 63 year old Jaime Grenfell and his wife Lillian Grenfell. The Vandalism charged in Count II was based on an allegation that Mr. Hopkin threw a bystander’s phone who was recording them after the incident.

Defense attorneys Glen Jonas, Raffi J. Manuelian and Dilan Patel countered that Mr. Reeves defended both himself and a woman named Jessica Santi, who were attacked by the alleged victim Jamie Grenfell. Additionally, attorrneys argued Reece Hopkin entered the melee finding his wife Lindsay Hopkin being beaten and choked by Lillian Grenfell, forcing him to defend her. The defense attorneys further argued that Jamie Grenfell was attempting to renew his attack when Mr. Hopkin punched Mr. Grenfell one time in the face knocking him unconscious thereby neutralizing the threat of further imminent harm.

Defense counsel argued at trial that the viral video was edited cutting out the portion of the video where Mr. Grenfell attacked Mr. Reeves and Ms. Santi before it was sent to TMZ and other media outlets

Defense counsel argued the cell phone owner that recorded the group as they sought sanctuary in a nearby limousine, tried to extort $5000 from the defendants. Additionally, defense counsel argued that witnesses Diana Reeves and Dan Santi were never charged but falsely accused by the same witness at the urging of the Grenfells.

Defense Attorney Glen Jonas had this comment about the case, “These two innocent men Mr. Reeves and Mr. Hopkin were falsely prosecuted by a District Attorney’s office that refused to look at the case objectively. This case was filed by the George Gascón administration. Mr. Gascón was well known for consistently prosecuting victims of crimes as defendants while setting the actual criminals free. DA Hochman is doing a much better job, but he needs to pay closer attention to these older cases where George Gascón turned our county upside down. I expect better from our District Attorney’s office and I hope that these older cases will be re-reviewed before more innocent men and women are brought to trial unnecessarily.”

Defense attorneys Glen Jonas, Raffi J, Manuelian, Dilan Patel, and paralegal Liliana Monroy are grateful to Judge Craig Richman, his court staff, and the jury for their hard work on this matter. If you need further information call Glen Jonas (213)683-2033.

Glen Jonas

Jonas and Driscoll LLP

1108 Sartori Avenue, Suite 320

Torrance, CA 90501

Office (213)683-2033

Media Contact

Glen T. Jonas, Jonas & Driscoll, (213)683-2033, GlenJonas@aol.com

Media Contact

Glen T. Jonas, Jonas& Driscoll, 1 2138042335, GlenJonas@aol.com, Jonas& Driscoll

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