FinTech News & Updates

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

Jul 02, 2024 FinTech News

Paxos Receives Full Approval from MAS for Digital Payment Token Services, Partners with DBS

Paxos has obtained full approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services. DBS has…

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Jul 02, 2024 FinTech News

Currensea Surpasses £1.7M Crowdfunding Goal, Solidifying its FinTech Presence

Currensea, the innovative travel money app, has exceeded its crowdfunding target of £1.7 million, marking a significant milestone in its…

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Jul 02, 2024 FinTech News

OBOS Bank and Tietoevry Banking Revolutionize Digital Lending with Automated Loan Process

OBOS Bank, in collaboration with Tietoevry Banking, unveils an innovative automated loan processing system aimed at streamlining digital lending operations.…

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Jul 02, 2024 FinTech News

EQ Bank Enhances Customer Trust Through AI-Driven Insights with Adoreboard

EQ Bank has partnered with Adoreboard to bolster customer trust using AI analytics, aiming to refine service delivery and customer…

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Jul 02, 2024 FinTech News

TeamSystem Strengthens Financial Services Portfolio with Change Capital Acquisition

eamSystem, a leading Italian software provider, has acquired a 61% majority stake in Change Capital, bolstering its position in SME…

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Jul 02, 2024 FinTech News

Revolut Achieves Record Profit in 2023, CEO Confident in Securing UK Bank Licence

Fintech giant Revolut has announced a significant profit for 2023, with CEO Nikolay Storonsky expressing optimism about obtaining a UK…

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Jul 02, 2024 FinTech News

SEC Files Lawsuit Against Silvergate Bank Over Alleged Securities Fraud

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Bank, accusing the financial institution of engaging…

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Jul 02, 2024 FinTech News

UniCredit Challenges ECB’s Russia Risk Reduction Demands in EU Court

UniCredit is contesting the European Central Bank's directive to reduce its exposure to Russia in the EU court. The bank…

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Jul 01, 2024 FinTech News

Kuwait Central Bank Greenlights New WAMD Instant Payments System

Kuwait's central bank has sanctioned the launch of the WAMD instant payments system, aiming to revolutionize financial transactions in the…

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Jul 01, 2024 FinTech News

RBI and ASEAN Nations Collaborate on Retail Cross-Border Payment Platform

RBI and ASEAN countries are joining forces to establish a groundbreaking platform for retail cross-border payments, aiming to enhance financial…

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