FinTech News & Updates

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

Feb 24, 2025 FinTech News

DBS Plans to Reduce Workforce by 10% as AI Takes Center Stage

Singapore’s DBS Group expects to reduce its workforce by 10%, cutting 4,000 contract and temporary roles over the next three…

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Feb 24, 2025 FinTech News

Coinbase Claims Victory as SEC Agrees to Drop Enforcement Case

Coinbase has announced that the Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against the crypto…

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Feb 24, 2025 FinTech News

Bybit Wallet Hack: $1.4 Billion in Ethereum Stolen

Crypto exchange Bybit has reported a massive security breach, with hackers stealing nearly $1.5 billion in Ethereum (ETH) from one…

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Feb 24, 2025 FinTech News

Crunchbase Relaunches as AI-Powered Predictions Engine, Declares Historical Data “Dead”

Crunchbase is undergoing a major transformation, shifting from historical company data to an AI-powered predictive intelligence platform. The revamped platform…

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Feb 21, 2025 FinTech News

SEC Launches Cyber and Emerging Technologies Unit to Combat Fraud

The US Securities and Exchange Commission (SEC) has established the Cyber and Emerging Technologies Unit (CETU) to address cyber-related misconduct…

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Feb 21, 2025 FinTech News

Chase to Restrict Zelle Payments Linked to Social Media Due to Fraud Risks

Chase has announced that, starting March 23, it will begin blocking Zelle payments made to contacts on social media platforms…

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Feb 21, 2025 FinTech News

Varo Secures $29 Million in Fresh Capital Amid Valuation Decline

Varo, the US digital bank, has closed on $29 million in funding as part of a broader $55 million investment…

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Feb 21, 2025 FinTech News

Singapore Reports Surge in Mobile Wallet Scams, Warns Public

The Singapore Police Force (SPF) has issued a warning about a sharp rise in scams involving phished card credentials and…

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Feb 19, 2025 FinTech News

Shift4 to Acquire Global Blue in $2.5 Billion Deal

Shift4 has announced its $2.5 billion acquisition of Global Blue, a leading payments and technology provider for luxury retail and…

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Feb 19, 2025 FinTech News

Mastercard Launches One Credential for Flexible Payment Options

Mastercard has introduced One Credential, a single digital payment solution that allows consumers and businesses to choose from multiple payment…

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