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.
-
BNY Mellon Enhances Wealth Management with Digital Solutions
Recognized as the global leader in investment management and investment services, BNY Mellon, has announced some substantial enhancements. In particular, they have upgraded their suite of products for wealth management firms. This strategic move offers more integrated, wealth management digital solutions by BNY Mellon, bolstering the financial tools available to wealth managers. These enhancements, revealed…
-
Maryland’s House Bill 1294: A Milestone for On-Demand Pay Services
Recently, DailyPay, a leading fintech firm operating in the worktech space, celebrated a significant development. This development is, in fact, the enactment of Maryland’s House Bill 1294. This law, which is a first of its kind, regulates on-demand pay services, or “earned wage access”. Moreover, this new rule is a major leap towards standardising and…
-
ASOS Partners with Checkout.com for Streamlined Online Shopping
ASOS has announced a significant move to enhance their customer experience. They have joined hands with Checkout.com, a global digital payments provider, with the primary goal of offering streamlined online shopping with ASOS and Checkout to all customers. ASOS, a fashion industry giant, serves millions of fashion-forward customers worldwide. They process a considerable volume of…
-
Circle’s IPO: A Major Milestone in the Fintech Industry
In the fintech industry, this is a crucial turning point. Circle Internet Group plays a significant role in the stablecoin market. Their Initial Public Offering (IPO) launches this week. Known for its US Dollar Coin (USDC), the company priced their shares confidently. The price is above the initial range at $31 each. This decision signals…
-
Revamping Travel Finance: An Overview of N26 Go Features
N26, a Berlin-based digital bank, has recently launched a bold initiative targeting digital nomads and frequent travellers. In a move to upgrade their premium subscription offering, previously known as “N26 You”, they have rebranded it as “N26 Go”. Promoted as the “go-to bank” for globetrotters, this service is set to revolutionize travel finance, wrapping up…
-
Scalable Capital’s €155M Funding: A Boost for Digital Investing
Scalable Capital, a digital wealth management firm, recently raised €155 million. This has catapulted its valuation to €1.4 billion. Indeed, it’s a significant milestone for this fintech company. This investment, for instance, will fuel the expansion of their digital investment platform. Moreover, it bolsters their position as pioneers in the retail investing market. Founded in…
-
Resilience of UK’s Equity Investment Market in Q1 2025
In Q1 2025, the UK equity investment market showed resilience, even in the face of global economic uncertainties. This intriguing insight comes from the recent State of UK Investment Q1 2025 report by Beauhurst. Moreover, it details the UK startup and scaleup ecosystem’s performance amid these economic challenges. The report interestingly highlights regional disparities and…
-
Sumsub’s New Tool Boosts Security and Compliance in Regtech
As a leading European Regtech firm, Sumsub has launched an innovative Bank Account Verification solution. This new tool, designed to boost security during customer onboarding, also ensures compliance across European markets. With this groundbreaking development, Sumsub strengthens its position in the burgeoning Regtech sector. Sumsub’s solution instantly verifies customer account ownership. Moreover, it provides a…
-
FTX’s Creditor Payouts Begin: A Key Milestone in Crypto Industry
After an arduous 2.5-year wait, FTX‘s creditors are finally seeing light at the end of the tunnel. The landmark creditor distribution process has begun, marking a significant milestone in the crypto industry: FTX’s C. The exchange’s collapse created a tumultuous event, but the path to restitution is beginning to clear with the initiation of the…
-
Raisin’s Welcome Account: A New Era in European Fintech
Raisin, a European fintech firm, is actively preparing to compete with traditional banks. Notably, the company has introduced its own savings product, the ‘Welcome Account’, in Spain. This move symbolises a significant shift in direction. For instance, Raisin is actively evolving from being a simple comparison site to a comprehensive financial services provider. Established in…
-
Grayscale’s Game-Changing Covered Call Fund on Bitcoin ETFs
In a landmark move, Grayscale has announced a new product. Specifically, it’s a covered call fund on Bitcoin ETFs (BTCC). This initiative offers a unique investment strategy that could potentially enhance returns on cryptocurrency investments. The strategy behind a covered call involves two steps. Initially, you hold a long position in an asset. Then, however,…
-
Euroclear’s Strides Towards an Innovative, Sustainable Future in Fintech
Euroclear, a post-trade services leader, is reshaping financial markets. Despite pandemic challenges, for example, their 2025 financial performance remained steady. This, however, bolsters their status as a trusted financial market infrastructure (FMI). Their commitment to sustainability, strategic partnerships, and advancements in settlement systems pave the way for an innovative, sustainable future in fintech. Moreover, sustainability…
-
Resilience of Global Equity Markets Amid Economic Uncertainties: May 2025 Report
Despite economic uncertainties, global equity markets showed resilience last month. This is according to May 2025’s Global Markets Snapshot by PitchBook. Even though volatility was present, markets overall remained optimistic. However, indices like the S&P 500 and Nasdaq faced challenges. Remarkably, many global equity markets thrived. For instance, the Japanese Nikkei 225 and the German…
-
Industry Groups Endorse GENIUS Act for Stablecoin Regulation in the US
Recently, four prominent industry groups have come forward to endorse the Guiding and Establishing National Innovation for US Stablecoins Act of 2025, or the GENIUS Act. These groups, namely, The Blockchain Association, Crypto Council for Innovation, DeFi Education Fund, and The Digital Chamber, have issued a joint statement in support of this regulatory framework. Essentially,…
-
Quantum Computing: The Looming Threat to Bitcoin’s Security
Quantum computing could indeed pose a significant threat to Bitcoin (BTC). Recently, this topic was discussed by key industry professionals. Fred Krueger, a well-known figure in the crypto sector, revealed the main points of the debate. As Krueger rightly points out, quantum computing is a real threat to the security of Bitcoin’s codes. Consequently, many…
-
Chainlink Oracle Mishap: A Wake-Up Call for DeFi Security?
On May 29, 2025, a significant event implicated Chainlink’s oracle system. Over $500,000 in user funds were liquidated on the Avalanche-based Euler market. This incident sparked a hot debate in the decentralized finance (DeFi) community. Moreover, it centered on the security and reliability of oracle systems. Furthermore, it led some investors to question the overall…
-
Trulioo and Trust Payments: A Strategic Partnership Reshaping Payment Technology
In a significant move, Trulioo announced a strategic partnership with Trust Payments. This partnership could potentially reshape payment technology in Europe. Trulioo, for example, is a leading identity platform for person and business verification. On the other hand, Trust Payments is one of Europe’s fastest-growing payment technology providers. Moreover, Trust Payments will adopt a suite…
-
U.S. Bank’s Game-Changing Approach to Payment Processing
In our era of constant innovation, banks and payment processors actively seek new solutions. Their goal is to attract and retain merchants. A rising trend here is the offering of bundled services. U.S. Bank leads this movement. They recently announced a unique bundled service. This includes mobile card readers and guaranteed same-day funding. The CEO…
-
Challenging Wall Street: The Power of Crowdfunding Investments
Traditionally, the path to financial wealth has predominantly been through the stock market. However, Paul Lovejoy, the founder of Stakeholder Enterprise, is intent on changing this norm. Specifically, he has initiated an innovative project known as the “Leap Year Portfolio.” The primary objective of this project, interestingly, is to demonstrate that crowdfunding investments can be…
-
British Business Bank Surpasses £5 Billion in Lending: Impact on SMEs
Recently, the British Business Bank has made a significant stride, surpassing £5 billion in lending. This achievement was not a standalone feat, but the result of its two major guarantee programmes, ENABLE Guarantees and ENABLE Build. This momentous milestone highlights the bank’s crucial role in backing small and medium-sized enterprises (SMEs), and it is a…