CFTC Seeks to Ease FinTech and Federally Regulated Institution Partnerships
CFTC is dismantling barriers for FinTech-institution partnerships. Executive Order 14405 mandates regulatory updates for innovation. Public input is encouraged to…
Ripple Invests in Flutterwave, Boosting Valuation to $3.3 Billion
Flutterwave's valuation rose to $3.3 billion after Ripple investment. Ripple secured access to Africa’s largest FinTech network with the deal.…
Orchestration in Payments Fuels Efficiency, But Not Without Challenges
Payment orchestration aligns multiple financial entities for smooth transactions. Main problems include failed transactions and expensive integrations. Automation and frequent…
eToro Explores Entry Into Banking Through Acquisitions
eToro is exploring entry into banking, considering acquiring a banking license. Their strategy involves acquiring wealth-tech firms to strengthen payment…
Wirecard’s Illusory Billions Stun the Financial World
Wirecard's alleged €1.9 billion collapsed without existing evidence. Philippine banks counterclaimed Wirecard's assertions with immediate denials. Rigorous auditing changes emerge…
Pleo Undergoes Job Reductions to Focus on Strategic Goals
Pleo cuts 50 jobs from its 'Offering' teams to streamline operations. The fintech company employs over 800 staff, facing market…
Traditional Banks Attract Customers with Subscription Models
Banks increasingly use subscription models for stable revenue streams. These models must prove added value over free alternatives to succeed.…
Brazil Pushes for Central Bank Autonomy as FinTech Grows
Brazil's central bank seeks increased autonomy as the financial system evolves. Digitalization pressures the bank amidst declining resources and rising…
Capsa AI Secures $18 Million to Enhance Private Capital Operations
Capsa AI raises $18 million in Series A funding for expansion. The startup addresses inefficiencies in private capital's data management.…
Ant Group Seeks $1 Billion for International Expansion
Ant Group explores raising $1 billion to boost its international presence. Funding may pave the way for a Hong Kong…
