Tag: Fintech
Visa Survey: Nearly Half of Asia Pacific Consumers Likely to Use Stablecoins by 2031
A survey conducted across the Asia Pacific has concluded that nearly half of consumers are likely to use stablecoins within…
US Government Sanctions A7 Fintech for Helping Russia and Iran Process Billions
The US Treasury has imposed sanctions on the A7 fintech company, backed by the Kremlin, designating it a transnational criminal…
Kremlin-Backed A7 Fintech Forged Documents to Move $6.9 Billion Through International Banks
A recent investigation has named A7, a fintech company controlled by the Kremlin, as a key figure in several exploitative…
EMEA Records 37% Plunge in Fintech Funding, Says KPMG Report
Fintech Investment in the EMEA (Europe, the Middle East, and Africa) region has significantly declined, according to a new report…
Revolut Inches Closer to US Launch with Conditional Approval from US Comptroller
London-based digital bank Revolut announced it has received conditional approval in the United States for a banking license as it…
Sri Lanka to Host First-Ever Fintech Festival to Access International FinTech Talent and Investment
Sri Lanka will hold its first-ever fintech festival in November to highlight the country’s potential position in the global fintech…
Fintech Developers, Others, Targeted by Iranian Hackers
Fintech, aerospace, and aviation developers have found themselves the target of an Iranian hacking group looking to spread malware. A…
UK Reports Record Low Fintech Funding
Fintech investment numbers in the UK reached a ten-year low, with only £1.8 billion invested in the first half of…
Contactless Payments Explained
If you've tried to make a payment recently, you'll notice that we now have a myriad of options to do…
UK and US Lag Behind in Finance-Specific AI Regulations as China and EU Lead, Says Study
According to a study by Durham University, specific regulations need to be put in place to govern the use of…
Stripe Takes the Plunge into AI With OpenRouter
Payment processor Stripe has begun its foray into the world of AI by announcing the acquisition of OpenRouter, an AI…
Citibank Acquires Fintech Company Kard As Part of Consumer Card Strategy
Kard Financial, a New York-based rewards platform, has been acquired by Citibank in a bid to expand its consumer cards…