Latest on Fintech Review

  • Fintech Firm Lorum Files for US National Bank Charter

    Fintech Firm Lorum Files for US National Bank Charter

    In a pivotal move for the fintech sector, leading correspondent institution, Lorum, has filed an application for a US national bank charter. This strategic shift allows the company to serve financial institutions across the United States more effectively. Lorum’s application aims to solidify its position in the financial services industry.…

  • Blockstream’s Adam Back Rumoured to be Bitcoin Creator

    Blockstream’s Adam Back Rumoured to be Bitcoin Creator

    Bitcoin’s (BTC) enigmatic creator, known pseudonymously as Satoshi Nakamoto, is back in the spotlight due to a recent analysis. This analysis speculates that Blockstream‘s founder, Adam Back, might be the elusive Nakamoto. The New York Times carried out this in-depth probe. Blockstream, a significant player in the blockchain technology sector,…

  • InvestiFi and Freedom Bank Join Forces for Digital Investing Revolution

    InvestiFi and Freedom Bank Join Forces for Digital Investing Revolution

    InvestiFi, an innovative investment tech platform, recently announced a new partnership with Freedom Bank. The goal is to integrate InvestiFi’s digital services into Freedom Bank’s online banking system. This integration will revolutionize the way bank’s customers manage their investments, enabling direct investment from their checking accounts. This collaboration could significantly…

  • South Korea Approves Plan for Tokenised Assets and Stablecoins

    South Korea Approves Plan for Tokenised Assets and Stablecoins

    South Korea’s ruling party, reportedly, approved a plan to incorporate tokenized real-world assets (RWAs) and stablecoins into existing regulations. The Seoul Economic Daily reported this announcement, which came directly from the country’s Democratic Party. Stablecoins and RWAs, designed to curb cryptocurrency volatility and tokenize physical assets, are gaining traction in…

  • 9fin Achieves Unicorn Status with 0m Series C Round

    9fin Achieves Unicorn Status with $170m Series C Round

    9fin, a fintech firm based in London, recently became a unicorn. The company achieved this following its latest Series C investment round. As an AI-powered credit data platform, it specialises in international debt markets and raised an impressive $170 million. This feat pushed its valuation to a staggering $1.3 billion.…

  • SEC Chair Atkins Confirms Reg Crypto is On Course

    SEC Chair Atkins Confirms Reg Crypto is On Course

    Securities and Exchange Commission Chair Paul Atkins recently confirmed that Reg Crypto stays on track. Known for his support of an “innovation exemption,” Atkins repeated this concept, says Alex Thorn. This action indicates promising potential for capital raising in the digital asset sector. Atkins has previously broached the “innovation exemption”…

  • Jones Day Law Firm Hit by Significant Data Breach

    Jones Day Law Firm Hit by Significant Data Breach

    Jones Day, a global legal giant, recently suffered a significant data breach. The Silent Ransom Group (SRG) website now hosts client information from several of the firm’s patrons. Reuters confirmed the hack, and the law firm has acknowledged the breach and informed all affected clients. Over the years, SRG has…

  • Legacy Payment Systems Costing Banks Market Share

    Legacy Payment Systems Costing Banks Market Share

    Recent analysis shows that banks are losing market share to agile fintech competitors due to outdated payment infrastructures. Designed for batch processing and slower rails, these legacy systems can’t keep up with evolving customer and merchant expectations. The demand for seamless digital experiences, real-time processing, and embedded finance options is…

  • Fintech Mogul Mike Cagney Slams Coinbase’s Tax Process

    Fintech Mogul Mike Cagney Slams Coinbase’s Tax Process

    Mike Cagney, the acclaimed founder of two fintech unicorns, recently took a swipe at Coinbase (NASDAQ:COIN) over its tax documentation process. Cagney, the brain behind SoFi (NASDAQ:SOFI) and Figure Technologies (NASDAQ:FIGR), voiced his concerns via X. This criticism comes at a crucial time, with US tax filings due on April…

  • Circle Introduces Star DKG for Enhanced Digital Asset Security

    Circle Introduces Star DKG for Enhanced Digital Asset Security

    Circle (NYSE:CRCL), a stablecoin issuer renowned for digital assets products like USDC, recently ventured into digital asset security. The company’s research arm unveiled an innovative update termed Star DKG (SDKG). This cutting-edge protocol, specifically designed for hardware-enforced key isolation, is crucial for secure digital asset transactions. The launch of Star…

  • BPI Considers Legal Action Against OCC Over Fintech Licensing

    BPI Considers Legal Action Against OCC Over Fintech Licensing

    The Bank Policy Institute (BPI), an association linked with major US financial institutions, is considering suing the Office of the Comptroller of the Currency (OCC). This consideration arises from a disagreement over the OCC’s recent licensing approach for crypto and fintech companies. Many in the crypto and fintech industry view…

  • Bitwise Europe Reveals Bitcoin’s Growing Financial Ties

    Bitwise Europe Reveals Bitcoin’s Growing Financial Ties

    Bitwise Europe reports a significant shift in Bitcoin’s relationship with global financial conditions. This change comes from an in-depth analysis of global money supply data by the firm’s research team. André Dragosch, PhD, Head of Research at Bitwise Europe, led the team. They discovered that Bitcoin’s reaction to liquidity changes…

  • AI Tools Now Preferred by 65% of Retail Investors

    AI Tools Now Preferred by 65% of Retail Investors

    Recent data unveils a notable shift in investment strategies. An impressive 65% of retail investors now rely on Artificial Intelligence (AI) for guidance. This trend emerged in a survey by investing.com. The survey aimed to gauge the extent of AI usage in investment decisions. The survey gathered responses from 938…

  • Canton Network Grows but Ethereum Remains Dominant

    Canton Network Grows but Ethereum Remains Dominant

    The Canton Network is a recent hot topic in the dynamic web3, cryptocurrency, and decentralised technologies landscape. Despite its popularity and institutional adoption, it doesn’t seem to pose a significant threat to Ethereum’s dominance. Platforms like X and beyond often spotlight the Canton Network. Its innovative approach in the web3…

  • Checkout.com Expands in APAC to Boost Digital Payments

    Checkout.com Expands in APAC to Boost Digital Payments

    Checkout.com, a London-based fintech firm, is broadening its reach in the Asia-Pacific (APAC) region. This move is a key part of their strategy to cement their position in the digital payments landscape. By boosting their APAC presence, Checkout.com aims to streamline operations for large businesses and simplify payment experiences for…

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