Fintech Innovation

Recently, Yerbol Orynbayev from TurmaFinTech called on US regulators to speed up UK fintech acquisitions of US banks. He believes this step will boost competition and ignite innovation in the banking sector. As the fintech sector expands worldwide, this call for an expedited approach is timely. Yet, UK fintech firms encounter regulatory roadblocks when trying…

BNPL Fintech Affirm (NASDAQ: AFRM) recently shared insights on the complexities of credit card rewards. The information comes from a blog post by Vishal Kapoor, an expert from the firm. He poses an intriguing question: Are points you might redeem someday worth more? Kapoor’s question is key to understanding the real value of credit card…

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…

The U.S. initial public offering (IPO) market for venture capital (VC)-backed businesses, according to a recent report, is showing signs of cautious optimism. The PitchBook‘s Q3 2025 Analyst Note, titled ‘Navigating the New Standards for VC-Backed IPOs’ has provided these insights. Nonetheless, the analysis points out that several substantial hurdles still exist. The study draws…

Real World Assets (RWAs) tokenization is radically transforming the financial landscape. This innovative approach involves converting assets like real estate, commodities, and securities into digital tokens on blockchain networks. It’s effectively bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). Tokenization opens up a host of new opportunities. It enhances efficiency, transparency, and…

Alchemy Pay is taking a significant step towards enhancing regulatory compliance, transactional transparency, and user security. They’ve announced a major partnership with Regtech firm, Sumsub. The fiat-crypto payment gateway plans to integrate Sumsub’s top-rated Travel Rule solution across its product suite. This move is a milestone for Alchemy Pay, its users, and the fintech industry.…

The Financial Conduct Authority (FCA) recently made further strides in an ongoing investigation by securing a new confiscation order against Reuben Akpojaro, relating to investment fraud. Previously, in May 2025, the FCA issued similar orders against Raheel Mirza, Cameron Vickers, and Opeyemi Solaja. All four individuals were part of a high-risk ‘all or nothing’ investment…

Starting in May 2026, new rules will provide consumers with increased protection when using payment firms. The Financial Conduct Authority (FCA) is introducing these changes to significantly enhance the safeguarding practices of payment firms. Safeguarding, a crucial part of financial regulation, mandates firms to separate their customer’s money from their own funds. Read More These…

The UK financial sector is currently experiencing the unfortunate liquidation of Trust Financial Planning Ltd. This news was confirmed on 7 August 2025, with Paul Stanley and Dean Watson from Begbies Traynor (Central) LLP appointed as joint liquidators of the firm. Before this, Trust Financial Planning had complied with several voluntary requirements from 19 March…

OKX, a top digital assets firm, is expanding its global reach. This growth brings exciting updates, demonstrating its commitment to innovation, regulatory compliance, and user trust. A significant update is the launch of On-Chain Earn in Singapore, aimed at strengthening their regional operations. On-Chain Earn, a creative product from OKX, enables users to earn rewards…

Today, Federal Reserve Chairman, Jerome Powell, hinted at a possible rate cut in his speech at Jackson Hole. This signal has sparked market speculation of a rate reduction next month. The driving factors? A mix of potential inflation risks and a possible dip in unemployment numbers. As the central banking system of the United States,…

Recently, Ethereum has started to outperform Bitcoin in the market. This development has caught the attention of investors and analysts. A team of analysts from JPMorgan, led by managing director Nikolaos Panigirtzoglou, have identified several factors contributing to Ethereum’s current success. Firstly, Ethereum’s platform use has increased. Unlike Bitcoin, Ethereum offers a broader utility scope.…

The Financial Conduct Authority (FCA) has successfully obtained a confiscation order against Reuben Akpojaro, involved in an investment fraud case. This development comes after similar orders against Raheel Mirza, Cameron Vickers, and Opeyemi Solaja in May 2025. These orders form part of the FCA’s ongoing crackdown on investment fraud. Investment fraud, often referred to as…

The UK’s financial regulatory body, the Financial Conduct Authority (FCA), has imposed sanctions on Neil Woodford and Woodford Investment Management (WIM). These penalties, nearly £46 million in total, are due to their mismanagement of the Woodford Equity Income Fund (WEIF). Neil Woodford, the firm’s figurehead, is personally fined £5,888,800. In addition, the FCA has placed…