FinTech News & Updates

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

Mar 11, 2025 FinTech News

EU Official: Trump’s Stablecoin Support Accelerates Digital Euro Push

The European Central Bank (ECB) is pushing forward with its digital euro initiative amid growing urgency spurred by the Trump…

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Mar 11, 2025 FinTech News

FCA to Address AI Adoption Barriers in UK Banking

The Financial Conduct Authority (FCA) is set to host a roundtable discussion with UK banking leaders in May to address…

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Mar 11, 2025 FinTech News

North Korean Hackers Cash Out $300 Million from ByBit Heist

North Korean hackers have laundered 300 million from the record−breaking 1.5 billion crypto heist of ByBit Exchange. The infamous Lazarus Group…

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Mar 11, 2025 FinTech News

Nubank Partners with OpenAI to Enhance Customer Experience

Brazil’s Nubank is leveraging OpenAI’s technology to improve services for its 114 million customers. The digital banking giant initially collaborated…

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Mar 11, 2025 FinTech News

Eurosystem to offer Sepa-wide VoP scheme

The Eurosystem is set to introduce a Verification of Payee (VoP) service for payment service providers (PSPs) across the Single…

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Mar 11, 2025 FinTech News

US Consumer Fraud Losses Surpass $12.5 Billion in 2024

Americans lost over $12.5 billion to fraud in 2024, a 25% increase from the previous year, according to the Federal…

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Mar 11, 2025 FinTech News

Green Dot CEO Departs as Firm Explores Strategic Options

Green Dot has announced the departure of CEO and president George Gresham as the digital bank and fintech provider begins…

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Mar 10, 2025 FinTech News

Barclays Nears Deal to Sell Merchant Acquiring Business to Brookfield

Barclays is finalizing a deal to sell its merchant acquiring business to Canada’s Brookfield Asset Management. The agreement, valued at…

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Mar 10, 2025 FinTech News

Revolut and Visa Challenge PSR’s Interchange Fee Caps

Revolut and Visa have filed legal challenges against the UK Payment Systems Regulator (PSR) over its decision to cap interchange…

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Mar 10, 2025 FinTech News

Sweden’s Riksbank Prioritizes Offline Payments Amid Geopolitical Tensions

Sweden’s central bank, the Riksbank, is working to enable offline card payments to strengthen the country’s payment resilience amid geopolitical…

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