Stripe Announces Strategic Partnership with Robinhood-backed Bitstamp to Expand Operations in Europe
The partnership between Stripe and Bitstamp will initially support Bitcoin, Ethereum, Solana, XLM, and USDC.
FinTech News
Find latest news about FinTech - the technology that drives the development of financial applications, processes and products revolutionizing the way we liveRevolut Receives UK Banking License from Bank of England after Waiting Three Years
By
Tolu Ajiboye
Revolut has now entered a mobilisation phase after receiving approval for a banking license from the Bank of England.
Mastercard Partners with Crypto Gateway Alchemy Pay to Prevent Identity Fraud
Mastercard’s account opening API integration enhances security and risk control features across Alchemy Pay’s product range, including On & Off-ramp solutions, NFT Checkout, and the Crypto Card Solution.
Taiwan’s 2nd Largest Telecom Operator Applies to Become Nation’s 26th VASP
The firm is looking forward to a future where the combination of Taiwan Mobile and exchanges will bring about different applications for blockchain technology and digital assets.
Coinbase Joins Hands with Stripe to Onboard USDC on Base Network
Under this partnership, Coinbase will also be integrating Stripe’s fiat-to-crypto on-ramp thereby allowing its users to purchase crypto with credit cards and Apple Pay.
Revolut Seeks to Sell $500 Million Worth of Shares at $40B Valuation
This private equity sale by Revolut will help the company generate liquidity for early investors and employees.
Bybit Integrates Apple Pay for Zero-Fee Crypto Purchases
By
Bena Ilyas
Starting today, customers can buy crypto assets through the Bybit app or website using Apple Pay, which enhances convenience and security.
Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions
Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains.
Checkout.com Faces Leadership Shift amid Crypto Market Challenges
Checkout.com cited challenging macroeconomic conditions that affected its fintech and crypto clients, noting a sharp decline in trading volumes.
Hong Kong Officials to Fully Promote Digital Assets, Web3, and More
Despite the government’s support for mainstream digital assets like Bitcoin, this marks a rare instance of its support for DeFi.
Financial Technology News
The word “fintech” is derived from “financial technology” which means the integration of technological tools and innovations into financial operations in order to enhance and automate the financial processes. Fintech is used to assist financial institutions, businesses in the management of their operations to provide better services to their customers. As the industry of fintech is actively evolving, there is no surprise at all that the news from this sphere can attract wide attention.
Adoption of fintech by a company would mean a significant change to their mode of operations as it involves the use of specialized algorithmic models, mobile applications and dedicated computer software packages.
At its initial introduction stage, companies from a range of industries including banking, education, fundraising, health, venture management, etc. only used fintech for back end systems where they get absolute and full control. Nowadays, most industries have started using the innovation for consumer-oriented services in an attempt to serve their clients better while increasing the transparency in their operations.
Impact of Fintech News
As we move towards a significantly digitized world, from the introduction of the internet to social media, smartphone evolution and now blockchain technology, the need for adoption of cryptocurrency cannot be overemphasized. As the underlying framework of pioneer cryptocurrency bitcoin, the blockchain is a vital part of fintech. We’ve seen a number of blockchain-powered fintech apps being employed by banking industries and data inclined platforms.
Fintech has become a major part of the finance space in recent years, this points to the fact that major conglomerates have identified and prioritized its importance in growing their businesses. Fintech works closely with other new technologies such as data-driven analytics and marketing, machine learning, artificial intelligence, etc.
Coinspeaker presents the best and latest Fintech news, ranging from its use in cross border payments, startup business fundraisers, venture management, credit application, to remote banking, as investors and stakeholders’ awareness about the innovation continues to rise daily.
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