News
Stay up to date with the latest news in fintech, crypto, and digital finance. Our News section delivers concise, insightful coverage of market developments, funding rounds, regulatory updates, and innovations shaping the financial technology landscape.
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Young Investors Prefer Bitcoin to Gold, deVere Survey Shows
A recent international survey conducted by deVere Group revealed a notable shift in investment preferences among young investors. The data shows a remarkable 73% of investors aged between 24 and 45 prefer Bitcoin over gold for long-term investment. Interestingly, this change in attitude is happening even though central banks continue to accumulate significant amounts of…
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Vyntra: New Fintech Tool Promises Improved Banking Compliance
In the fintech industry, the launch of a new tool named Vyntra stands out. Designed to enhance banking compliance, it detects payment issues proactively. This ensures compliance and reduces risk before customers feel the impact. The introduction of Vyntra is revolutionary, offering a proactive solution to potential payment issues. Firstly, Vyntra’s primary objective is to…
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Etraveli Group Teams Up with Mastercard for Secure Payments
In a significant development, Etraveli Group has joined forces with Mastercard to enhance its product, PRECISION. The primary aim is to increase security for etraveli Mastercard payments, a crucial need in the travel industry. This announcement is a part of Etraveli Group’s broader strategy to enhance its fintech solutions. The essence of this partnership lies…
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Gen Z Australians Boost Savings with CommBank App Tools
Recently, data has uncovered a fascinating trend among Gen Z Australian consumers. More precisely, those aged between 18-25 are using the CommBank app’s free money management tools, or CommBank app tools, 65 per cent more than any other generation. Interestingly, this age group is also two-thirds more likely to increase their saving frequency if they…
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HKMA and PBoC Launch Pioneering Payment Connect System
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) recently unveiled a revolutionary payment connect system, named Payment Connect. This groundbreaking system merges the Faster Payment System (FPS) of Hong Kong with the Internet Banking Payment System (IBPS) of Mainland China. Consequently, we now have smoother, quicker cross-boundary transactions. Previously, cross-border…
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Indiana Farm Bureau Insurance Chooses Akur8 for Pricing Models
Akur8 is a prominent player in the insurance pricing and reserving sector. Indiana Farm Bureau Insurance has recently chosen Akur8 as their partner for building pricing models. The Indiana-based insurance provider, recognized for its property and casualty insurance, intends to enhance model development speed with Akur8’s Core Platform. Akur8’s innovative solution, designed to deliver transparent…
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OurCrowd Urges Investment in Israel’s Startups Amid Conflict
Despite the escalating conflict in the Middle East, OurCrowd affirms that now is the optimal time for Israel startup investment. The region, currently engaged in conflicts between Israel and Iran and with Gaza under Hamas control, may appear unstable. However, OurCrowd points out that amidst the chaos, opportunities for Israel startup investment are flourishing. While…
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Zellis Group Acquires Hastee to Boost Financial Wellbeing Offerings
Recently, the UK-based Zellis Group, a leading provider of AI-enabled HR, workforce management, payroll, and benefits, announced the acquisition of Hastee. Hastee is a financial wellbeing platform. The zellis hastee acquisition aims to enhance the Group’s comprehensive offerings, especially in financial wellbeing and HR. Hastee’s innovative platform gives employees control over their financial lives. It…
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Paxos Labs Aims to Democratise Access to DeFi Markets
The latest addition to the fintech world is Paxos Labs. They focus on making on-chain products and DeFi markets more accessible. The platform they’ve developed is set to revolutionise defi market access. It enables partners to launch and manage financial products on a large scale. Moreover, it provides integrated risk management, liquidity optimisation, and seamless…
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Ethereum Staking Hits All-Time High Amid Market Growth
Interest in Ethereum (ETH) staking is skyrocketing. It’s noteworthy that this rise coincides with the crypto markets’ continuous growth under the Trump administration. Ethereum, second only to Bitcoin in popularity, is an attractive investment for both novice and experienced investors. Staking is a fundamental process in Proof of Stake networks like Ethereum. In this process,…
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Anchorage Digital Pioneers Stablecoin Revolution in Fintech
Financial technology is currently undergoing a transformative leap. Anchorage Digital is leading this revolution with the rise of stablecoins. These digital assets are quickly becoming the preferred choice for real-time cross-border transactions, on-chain commerce, and programmable finance. This marks a significant milestone in the journey of digital pioneers stablecoin. Stablecoins provide a fast, inclusive alternative…
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Alpaca and Kraken Partner to Boost Crypto Trading Access
In an exciting development for the crypto world, Alpaca and Kraken have announced a partnership. This collaboration aims to expand crypto trading access through a single integration. As a result, Alpaca’s extensive partner network will have significantly wider access to cryptocurrencies. Alpaca is a U.S.-based brokerage infrastructure platform. It boasts a vast network of over…
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ICE to Dual-List Shares on NYSE Texas Bolstering Global Presence
In a noteworthy development, Intercontinental Exchange, Inc. (ICE), the parent company of the New York Stock Exchange (NYSE), has decided to dual-list its shares on NYSE Texas. This decision, announced on June 16, 2025, will take effect from June 17, 2025. Consequently, ICE’s standing in the global financial market is set to be enhanced. Through…
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TransUnion Reveals US Consumers’ Rising Financial Pessimism
Increasing concerns over tariffs and the projected rise in the cost of goods have been dominant in the news since April. The fear of a gloomy financial future is beginning to settle among consumers. A recent Q2 2025 Consumer Pulse study by TransUnion (NYSE: TRU) has revealed that the pessimism is more widespread than previously…
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Shopify Integrates Coinbase Payments for Instant Transfers
It’s excellent news for e-commerce businesses and consumers. Shopify has announced its coinbase shopify integration with Coinbase Payments. This integration allows for instantaneous transfers using the stablecoin, USDC. This fresh approach to payments is poised to revolutionise e-commerce transactions. It promises a more streamlined and efficient process for online purchases and sales. USDC is a…
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Bank of England Holds Rates Steady Amid Inflation Fears
Recently, the Bank of England decided to maintain the current interest rates. The primary factor driving this decision is the persistent inflation fears in England. The Monetary Policy Committee (MPC) reached this conclusion, with six members voting to keep the bank rate at 4.25%. On the other hand, three members argued for a 25 basis…
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UK May Reverse Tax Policy Amid Wealth Exodus
The Laffer Curve, a well-known economic theory, is seemingly at play in the UK. This theory suggests that an overtaxed population might eventually move their wealth elsewhere, thereby reducing predicted tax revenue. It appears this is happening in the UK, with a reported exodus of wealthy individuals due to increased non-domestic taxes. Consequently, the government…
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Pocket Network Lead Discusses Web3 Challenges and Solutions
Recently, Crowdfund Insider engaged in a conversation with Chris Jenkins, Operations Lead of Pocket Network. The discussion shed light on the significant challenges facing the Web3 sector. Despite its decentralized nature, Web3 heavily relies on centralized infrastructure. This is essential for powering applications and artificial intelligence (AI) models. This reliance, however, presents substantial web3 challenges…
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Lunar First Nordic Bank to Use Pismo for Visa Processing
The Nordic challenger bank, Lunar, is making a strategic move that marks a milestone for the Nordic banking industry. This shift involves partnering with the digital payments firm, Visa (NYSE:V), and Pismo to start Visa card processing via Pismo’s platform. This makes Lunar the first bank in the Nordics to utilise this platform. This move…
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Binance Boosts Altcoin Liquidity and Web3 Wallet Security
As a prominent figure in the blockchain ecosystem, Binance is making substantial progress in promoting digital asset innovation. The company’s latest updates aim to provide an altcoin liquidity boost and enhance Web3 wallet security. Moreover, they offer increased support for global law enforcement. These actions highlight Binance’s continuous commitment to accessibility, safety, and practical utility…