Technology
Technology drives the evolution of financial services, from APIs and cloud infrastructure to mobile banking platforms and blockchain innovations. Fintech Review explores how technological advances are reshaping fintech, improving efficiency, enabling new models, and expanding digital finance possibilities globally.
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French Startup Bonx Nets $8.6M Seed Round for Operational Software
In a significant development, Bonx, a French startup, is revolutionizing the European industry with its operational software. They recently secured an $8.6 million seed round, led by 9900 Capital. Other contributors include Kima Ventures, Purple, OSS Ventures, and Dynamo Ventures. This funding marks a critical milestone for the startup, founded only in 2022. The funding…
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90% of Firms Unprepared for AI-Driven Cyber Threats
In an era where artificial intelligence (AI) is significantly transforming the business landscape, a staggering 90% of organisations are not sufficiently equipped to secure their AI-driven future, reveals a recent report from Accenture (NYSE: ACN). This alarming lack of preparedness could potentially expose these organisations to AI-augmented cyber threats. The comprehensive report highlights that globally,…
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US Fintech Bill Could Impact British Businesses
The United States Senate recently passed The One Big Beautiful Bill (HR 1), the primary tax and spending legislation of the Trump Administration. The vote was a close shave at 51 to 50, with Vice President, JD Vance, casting the decisive vote. This move has stirred the fintech world, potentially affecting businesses across the Atlantic.…
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Starling Bank Eyes US Market with Potential Acquisition
Starling Bank, a leading UK digital bank, may expand beyond its domestic market. A possible US-based lender acquisition could be a significant growth milestone. Starling Bank, a key player in the UK’s digital banking sector, offers competitive services. They now seem to eye the vast US market, a move that could boost their global presence…
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TBC Bank Group PLC Aims to Acquire Uzbek SaaS Firm BILLZ
TBC Bank Group PLC, a leading player on the London Stock Exchange, plans to acquire a majority stake in BILLZ. This move aims to strengthen its position in Central Asia’s digital financial market, specifically in the retail management software-as-a-service (SaaS) platform in Uzbekistan. The transaction underscores the bank’s intent to broaden its influence among small…
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Equal Parts Insurance Acquires Fintech Firm Assurely
In a significant development, Assurely, an insurance provider for crowdfunding, has been bought by Equal Parts Insurance. This assurely fintech acquisition marks a crucial moment for both firms. Their goal? To bolster their standing in the rapidly changing insurtech landscape. Assurely, co-founded by CEO David Carpentier and Chief Insurance Officer, Ty Sagalow, boasts a rich…
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Financial Institutions Boost Compliance Spend, SteelEye Reports
Global financial institutions are increasing their compliance spend, preparing for a potential rise in regulatory fines. This information comes from the Compliance Health Check Report by SteelEye, a leader in integrated communications and trade surveillance solutions. The report shows a considerable rise in compliance spend by financial institutions worldwide. This strategic shift comes as these…
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Kalshi’s Valuation Hits $2bn After $185m Funding Boost
Following an extraordinary performance over the past year, the popular prediction market Kalshi has successfully raised an impressive $185 million. Consequently, this has propelled its valuation to an astounding $2 billion. This exciting news follows a “breakout year” for the company, which is making significant strides in the fintech sector. The Series C funding round,…
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Addepar Boosts Trading Infrastructure in Wealthtech Update
In the swiftly changing realm of wealth management, possessing the right tools is crucial. Professionals need robust platforms for precision, scalability, and actionable insights to maintain their lead. Addepar, a top global tech and data platform for investment professionals, has stepped up. This wealthtech firm recently rolled out significant updates to its trading infrastructure, marking…
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AI Boosts Productivity and Profit for UK Firms: Lloyds Study
Artificial intelligence (AI) brings numerous benefits to the table. For example, a recent study by Lloyds Business Barometer reveals a significant AI productivity boost for UK businesses. The research found that a significant 59% of UK companies are currently leveraging AI. These businesses report that AI is crucial in enhancing their productivity and profitability. AI…
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Biometric data breaches could kick off a global banking crisis, warns cybersecurity veteran
Austin, 23 June – Michael Marcotte, the founder, chairman, and CEO of enterprise-grade digital authentication firm artius.iD, was warned that a successful biometric data breach at a leading bank could put us on the brink of the next global financial crisis. The intervention follows recent comments by the CEO of HSBC UK, Ian Stuart, who last month told UK policymakers the bank is “being attacked…
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Elon Musk’s X Platform to Launch In-App Trading Features
In a significant development, Elon Musk’s X Platform is gearing up to launch in-app trading features. This move is part of a broader push to become a comprehensive “super app,” redefining the digital landscape. X CEO Linda Yaccarino announced this at the Cannes Lions advertising event. Under the visionary leadership of tech billionaire Elon Musk,…
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UK Economy Gains Momentum as Sectors Grow in May
May has proven to be a fruitful month for the economy, with more sectors displaying increased activity levels. This information comes from the latest UK Sector Tracker by Lloyds. Notably, four out of the 14 sectors monitored by the Tracker exhibited growth in May, which marks an improvement from April, where only two sectors grew.…
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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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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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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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Fintech APIs: Building the Next Generation of Financial Services
Financial services today are no longer limited to banks and traditional institutions. Instead, a wave of fintech APIs is enabling businesses of all types to embed banking, payments, lending, and investment products directly into their platforms. This new infrastructure layer is transforming the industry from closed systems to modular, programmable ecosystems. Understanding the rise of…
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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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Navigating AI Disruption through Lifelong Learning
In our ever-evolving world, the paradigm of studying once and for all has become outdated. The swift changes in economy, technology, and society demand a new approach to professional development. This is highlighted in the Tomorrow’s Skills report by Santander. The report suggests that the future will be dominated by a model of continuous learning.…
