FinTech
Monzo Begins Potential Sales Talk with Brazil’s Nu Holdings
UK-based digital bank Monzo has reportedly begun talks with Nu Holdings after the Brazilian digital banking group reached out to…
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…
Eurosystem Launches Pontes Solution to Settle Transactions via Tokenization
The European Central Bank (ECB), along with the rest of the Eurosystem, has announced the launch of Pontes, a token-powered…
China Issues 15th Five-Year Reform and Development Plan to Reform Financial Market
China has announced plans to boost its financial sector over the next few years by reforming banking, insurance, and securities,…
OpenAI Launches ChatGPT Version for Financial Services Providers
OpenAI has officially rolled out a version of ChatGPT designed to support financial companies. The new tool will help these…
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…
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…
Planned $53 Billion PayPal Acquisition by Stripe and Advent Goes Bust
The planned acquisition of PayPal by buyout firm Advent International and payment processor Stripe has officially been scrapped. The deal,…
Polymarket in Controversy Over NFL Injury Contracts
Prediction market Polymarket has found itself in some controversy over its ongoing plans to issue injury-based certificates for NFL bets.…
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…
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…