FinTech News & Updates

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

Feb 11, 2025 FinTech News

BNY Facilitates Largest Instant Payment in US History

BNY has made history by sending the largest instant payment ever recorded in the US, transferring $10 million to Bank…

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Feb 11, 2025 FinTech News

Rapyd in Talks to Raise $300 Million at Reduced Valuation

Payments-as-a-Service platform Rapyd is reportedly in discussions to raise 300 million at a valuation of 3.5 billion, significantly lower than the $9…

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Feb 11, 2025 FinTech News

Klarna Explores Crypto Integration Ahead of Anticipated IPO

Buy now, pay later leader Klarna is preparing to integrate cryptocurrency into its platform as it gears up for an…

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Feb 10, 2025 FinTech News

iPiD Launches AI-Powered Name Matching Tool for Verification of Payee

Payment identity network iPiD has partnered with Microsoft to develop an AI-powered name-matching tool designed to streamline Verification of Payee…

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Feb 10, 2025 FinTech News

AdviserSoftware and InterGen Data Highlight Risks of Using DeepSeek for Financial Advisers

AdviserSoftware.com, part of FTRC, has partnered with Robert Kirk, CEO of InterGen Data, to analyze the risks associated with using…

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Feb 10, 2025 FinTech News

India Introduces Exclusive Domains for Banks to Combat Cybercrime

India is launching exclusive domains for banks and financial services providers to enhance cybersecurity and combat phishing attacks. The Reserve…

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Feb 10, 2025 FinTech News

FCA Cracks Down on Misleading Financial Promotions, Doubles Enforcement Actions

The UK’s Financial Conduct Authority (FCA) intervened in nearly 20,000 financial adverts last year, forcing their withdrawal or amendment—nearly double…

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Feb 07, 2025 FinTech News

Gemini Explores IPO Amid Regulatory Challenges

Cryptocurrency platform Gemini is reportedly in talks with potential advisors to explore an initial public offering (IPO), potentially launching as…

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Feb 07, 2025 FinTech News

BMO Joins IBM Quantum Network to Advance Financial Innovation

BMO has become the first Canadian bank to join the IBM Quantum Network, securing access to IBM’s cutting-edge quantum infrastructure.…

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Feb 07, 2025 FinTech News

Temenos Sells Multifonds to Montagu Private Equity for $400 Million

Swiss core banking technology provider Temenos has sold its asset administration business, Multifonds, to Montagu Private Equity for $400 million.…

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