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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SlowMist’s Innovative Approach Revolutionises Blockchain Security
Established amidst the 2018 crypto bear market, SlowMist, a blockchain security company, consistently enhances Web3 ecosystem security. The company’s steadfast focus on comprehensive compliance initiatives, threat detection, and strategic partnerships is setting a new industry benchmark. SlowMist underscores the importance of digital tools in strengthening blockchain security amidst the intricate digital landscape. These tools play…
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OKX to Launch Wallet and Onchain Services in Europe
OKX, a leading force in the world of cryptocurrency exchange and blockchain technology, has outlined a series of updates set to enhance its operations. The company’s announcements reflect its ongoing commitment to expanding access to digital assets and bolstering security for its users. Notably, the firm has unveiled plans to launch its OKX Wallet and…
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Europe Pioneers T+1 Settlement Transformation by 2027
Change is on the horizon in the finance world. As global markets gear up for quicker settlement cycles, Europe is leading the way. The continent is moving towards T+1 settlement, where trades get settled just one business day after execution. The target date for this significant shift? October 2027. The Belgium-based company Euroclear is at…
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Open Banking Usage Soars to 15 Million in UK
The UK financial sector celebrates a major achievement: open banking usage now includes over 15 million users as of July 2025. This milestone marks a rapid increase in adoption among individuals and businesses since its introduction. Nearly one in three UK adults now use open banking, demonstrating growing trust in this technology. Open banking leverages…
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Cactus Custody and Fosun Wealth Unite for Digital Asset Services
Cactus Custody recently announced a strategic alliance with Fosun Wealth International Holdings Limited, a renowned global wealth management platform. This partnership aims to deliver institutional-grade digital asset custody and OTC trading capabilities to Fosun Wealth’s global clients. Both companies are committed to providing reliable services. The collaboration will expand the options for institutions dealing with…
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London Stock Exchange Earns FCA Approval for Private Securities Market
The London Stock Exchange recently achieved a noteworthy milestone. It secured a PISCES Approval Notice (PAN) from the Financial Conduct Authority (FCA) for its Private Securities Market. This accomplishment sets it apart as the first operator to gain this status. PISCES, short for ‘Private Instrument Secured by Cash Escrow Service’, is a regulatory framework established…
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UK VC Sector Resilient Amid Challenges, Report Reveals
Despite significant challenges, the UK’s venture capital (VC) sector maintains a global presence, according to a new report. The report reveals a slowdown in VC activity in the UK during the first seven months of 2025. Both deal volume and value took a hit, reflecting the impact of various factors. These factors include macroeconomic headwinds,…
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World Network Enhances Blockchain Efficiency in DeFi Revolution
World Network (formerly Worldcoin) has taken a significant step towards improving blockchain technology with two key updates. These developments aim to push the limits of digital identity and decentralised finance (DeFi). The first update involves a peer-to-peer (P2P) Flashblock propagation layer for the World Chain blockchain. This layer aims to boost the efficiency of the…
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Bank Nizwa Launches E-mandate Service in Digital Push
Bank Nizwa, the largest Islamic lender in Oman, introduced an electronic mandate (E-mandate) service on Sunday. The service aligns with the Central Bank of Oman’s regulatory framework. It also signifies the bank’s ongoing expansion of digital banking solutions. Specifically designed for direct debit payments, the E-mandate service allows Bank Nizwa customers to authorize automatic payment…
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Chainlink Revolutionises Blockchain with Real-World Data Integration
Chainlink, a top-notch decentralized oracle platform, is revolutionizing the blockchain landscape. It links traditional financial systems with decentralized architectures. Known for industry-standard services, the company innovatively integrates real-world data into tokenized assets. Chainlink’s primary focus is integrating off-chain data into on-chain assets, a crucial aspect of blockchain technology. This integration opens new opportunities for businesses…
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Capgemini Boosts Cloud Market Presence with Cloud4C Acquisition
Capgemini is boosting its cloud managed services market presence. It has recently agreed to acquire Cloud4C. This strategic move aims to enlarge Capgemini’s footprint in this fast-growing sector. It also enhances its capacity to meet businesses’ growing needs for comprehensive cloud solutions. Furthermore, the Cloud4C acquisition should strengthen Capgemini’s overall cloud infrastructure. This will enable…
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Chainalysis Revolutionises Fight Against Cryptocurrency Crime
The ever-changing cryptocurrency landscape presents significant challenges, notably in ensuring compliance with regulations and tracking illicit financial activities. Chainalysis, a firm specialising in blockchain analytics, is at the forefront of addressing these issues. They provide vital tools and insights to financial institutions, government agencies, and private firms, revolutionising the fight against financial crime. With the…
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Gen Z Reshapes Financial Habits and Brand Engagement in Singapore
According to Visa, Gen Z is spearheading changes in financial habits, digital payments, and brand engagement in Singapore. This influential group, which represents the future of consumer spending, is ready to establish new trends in the finance sector. Gen Z exhibits a robust inclination towards digital solutions and online platforms. This inclination has significantly propelled…
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APAC Businesses Anticipate Major AI Disruption in 18 Months
A recent report indicates a substantial disruption expectation among Asia Pacific (APAC) businesses due to agentic artificial intelligence (AI). The findings suggest that around 70% of organisations in this region foresee AI significantly transforming their business models within the next 18 months. Particularly, the banking sector expects the most significant impact. Renowned financial technology (fintech)…
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YouHodler and Function CEOs Discuss Crypto Trends
Notable figures in the fintech sector, YouHodler‘s market chief, Ruslan Lienkha, and Function CEO Thomas Chen, shed light on the recent crypto trends. They primarily focused on the recent pullbacks BTC and ETH have seen. Lienkha and Chen believe that BTC and ETH pullbacks mirror the overall market sentiment. They highlighted the mild correction currently…
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Gemini Rolls Out Ethereum and Solana Staking for UK Users
UK consumers now have a chance to generate passive income through staking services offered by Gemini. The Winklevoss twins-founded digital assets firm recently launched staking services for Ethereum (ETH) and Solana (SOL). This development aims to break down previous barriers and make staking available to all its users. Staking is a process where users engage…
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Xero Study Highlights Value of Celebrating Business Milestones
In the fast-paced world of small business management, pausing to celebrate achievements might seem unnecessary. Yet, new research from Xero, the global small business platform, suggests otherwise. The study emphasizes the tangible benefits of recognizing key milestones. Many small businesses view celebration as trivial or a waste of time. This mindset, however, might impede their…
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dLocal and Cleeng Boost Brazilian Digital Content Market
The new partnership between dLocal and Cleeng gives Brazilian subscription services and digital content providers an edge. They can now offer local payment methods like PIX, enhancing customer experience. This move streamlines subscription billing and payments, catering to local preferences. More than just customer convenience, integrating local payment methods respects and understands local culture and…
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Federal Reserve Sets Final Capital Requirements for Large Banks
The Federal Reserve has established the definitive capital requirements for large banks. However, a proposed rule that affects their calculation could revise these requirements. Capital requirements are crucial in banking regulations. They define the minimum capital a bank should hold, serving as a safety net. This mechanism shields banks from potential financial crises and allows…
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OCC Cuts Assessment Rates, Easing Bank Costs
The Office of the Comptroller of the Currency (OCC) recently announced a reduction in its assessment rates. This important change affects the financial landscape for banks and other financial institutions under the OCC’s jurisdiction, due for review on September 30. With these new conditions, these institutions could see some relief in costs. The assessment rates…