FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

Apr 10, 2025 FinTech News

US Justice Department Shuts Down Crypto Fraud Task Force Under Trump Directive

The US Department of Justice has officially disbanded its national cryptocurrency enforcement team, marking a dramatic policy shift under the…

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Apr 09, 2025 FinTech News

Revolut Fined €3.5 Million by Lithuanian Central Bank Over AML Lapses

Revolut has been hit with a €3.5 million fine by the Bank of Lithuania for deficiencies in its anti-money laundering…

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Apr 09, 2025 FinTech News

DBS and Bank of China Customer Data Exposed in Vendor Ransomware Attack

Thousands of DBS Bank and Bank of China (BoC) customers in Singapore have had their personal data potentially compromised following…

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Apr 09, 2025 FinTech News

Ryft Raises £5.7M to Help Banks Challenge Stripe and Adyen

UK-based decentralised payments platform Ryft has secured £5.7 million in Series A funding to empower acquiring banks in competing with…

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Apr 09, 2025 FinTech News

Bitcoin-Backed Lender Firefish Raises $1.8M for Global Expansion

Bitcoin lending platform Firefish has raised $1.8 million in seed funding as it looks to scale its peer-to-peer marketplace globally.…

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Apr 09, 2025 FinTech News

Bank of America Staff Embrace AI Assistant, Slashing IT Calls by Half

Over 90% of Bank of America‘s 213,000 employees are now using its internal AI-powered virtual assistant, dramatically reducing calls to…

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Apr 09, 2025 FinTech News

Restaurant Payments App Blackbird Raises $50M to Fuel Expansion

Blockchain-based restaurant loyalty and payments platform Blackbird Labs has secured $50 million in a Series B funding round led by…

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Apr 09, 2025 FinTech News

NatWest Invests in Credit Card Startup Yonder

NatWest has taken a minority stake in UK-based rewards credit card startup Yonder, marking another move in its broader fintech…

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Apr 09, 2025 FinTech News

Ripple to Acquire Prime Brokerage Hidden Road for $1.25 Billion

Ripple is set to acquire crypto-friendly prime brokerage Hidden Road for $1.25 billion, marking one of the largest acquisitions in…

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Apr 09, 2025 FinTech News

Hawk Secures $56M Series C to Expand AI-Powered Financial Crime Prevention

German regtech pioneer Hawk has raised $56 million in Series C funding to accelerate the deployment of its AI-driven anti-money…

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