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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Seoul Police Bust Crypto Hackers with Chainalysis Aid
The Seoul Metropolitan Police Agency recently dismantled a notorious international hacking ring. Known for pilfering millions in cryptocurrency, the group …
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Wealthsimple Data Breach Impacts 30,000 Customers
Wealthsimple, a Canadian fintech firm, recently disclosed a data security incident. This breach impacted less than 1% of its …
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Visa Pay Launches in DRC Boosting Financial Inclusion
Visa recently launched Visa Pay, a new mobile payment solution, in the Democratic Republic of the Congo (DRC). The goal …
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Julius Bär Report Highlights Stablecoins’ Potential in Finance
Digital currencies and stablecoins are revolutionising the global financial services sector. A recent report from Julius Bär highlights this potential. …
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Singapore’s Green Investments Partnership Secures $510m
Singapore consistently strengthens its position as a global hub for financial innovation and regional collaboration. A significant development is the …
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Adams Street Partners Expands into Abu Dhabi Market
The Chicago-based firm, Adams Street Partners, LLC, a private markets investment management specialist, recently increased its global presence. The …
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Geniez AI Raises £6m to Fuse Mainframes with AI Tech
Geniez AI, a UK-based AI startup, has successfully raised $6 million in a recent seed funding round. StageOne Ventures…
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Republic Europe to List SpaceX Mirror Notes Soon
UK fintech enthusiasts, brace yourselves for an exciting development. Republic Europe, formerly known as Seedrs, is set to list …
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Lead Bank Secures £70m Boosting Valuation to £1.47bn
The Missouri-based financial institution, Lead Bank, has successfully secured a whopping $70 million in its latest funding round. This …
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Snappi Becomes Greece’s First ECB Licensed Digital Bank
In a significant stride towards financial digitalisation, Snappi has emerged as the first digital-only bank in Greece, licensed by the …
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Affirm Sheds Light on True Value of Credit Card Rewards
BNPL Fintech Affirm (NASDAQ: AFRM) recently shared insights on the complexities of credit card rewards. The information comes from a …
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Figure Technology Solutions Eyes $4.1bn Nasdaq IPO
Figure Technology Solutions, the San Francisco-based fintech company powered by blockchain, is reportedly planning for an initial public offering …
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SEC and CFTC Unite for Crypto Regulatory Clarity Roundtable
Working towards regulatory clarity in the fast-growing cryptocurrency markets, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures …
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Indonesia’s Online Lending Soars 22% Despite Stricter Rules
The Financial Services Authority (OJK) in Indonesia reports a 22.01% year-on-year rise in online lending volumes in July. This growth …
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BitMine Boosts Ethereum Holdings Despite Market Volatility
BitMine Immersion Technologies, a corporate leader in Ethereum holdings, recently expanded its digital assets. The company bought 54,937 ETH, …
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Revolut Hires Ex-Societe Generale CEO for Western Europe Expansion
Digital bank Revolut recently pledged to expand its Western Europe operations. As part of this commitment, they’ve enlisted Frédéric Oudéa, …
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U.S. Bank Unveils Payroll Service for Small Businesses
This week, the American banking giant, U.S. Bank, rolled out a new service, U.S. Bank Payroll. Designed to …
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74% of US Student Loan Borrowers Fear Repayment, Says AICPA
A recent survey by The American Institute of CPAs (AICPA), carried out by The Harris Poll, shows that roughly …
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Ondo Finance and Alpaca Team Up to Tokenize US Stocks
In a noteworthy step towards democratizing financial market access, Ondo Finance and Alpaca have unveiled a strategic alliance. The goal? …
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Trade Policy Causes China-US Shipping Rates to Plummet
Recent data from the ABA Banking Journal reveals a substantial drop in China-U.S. West Coast spot rates. These rates have …