Here Is Vitalik Buterin’s New Plan to Make Ethereum Fast, Decentralized, Private
Zk rollups and layer 2 networks are helpful, but won’t be enough for mass adoption, the Ethereum co-founder wrote.
FinTech News
Find latest news about FinTech - the technology that drives the development of financial applications, processes and products revolutionizing the way we live
Sam Altman’s World Expands to Miami as Demand for Human Verification Soars
World launches a flagship hub in Miami’s Wynwood District amid rising concerns over online identity and bot detection.
Crypto Market Short Liquidations Top $800 Million, Big Bitcoin and Altcoins Rally Ahead?
Bitcoin price surged by 4.5%, breaking above $102,000, leading to nearly $900 million in total liquidations over the past 24 hours.
Citibank and SDK Join Hands to Tokenize the $74 Billion Private Equity Market
By Bhushan Akolkar
• 3 mins read
Citibank has partnered with Switzerland’s SIX Digital Exchange (SDX) to tokenize, settle, and safeguard assets in the $75 billion private equity market.
Mesh Brings Crypto Payments to Apple Pay
By Rose Nnamdi
• 2 mins read
Mesh has partnered with Apple Pay to allow shoppers to make crypto payments, while merchants receive stablecoin payouts.
Europeans Must Level Up Crypto Knowledge as ESMA Tightens Hiring Standards
By Chimamanda U. Martha
• 3 mins read
Candidates for advisory roles in crypto firms must have a three-year degree and at least one year of supervised industry experience, alongside mandatory annual professional training.
Stripe Reportedly Acquires Stablecoin Platform Bridge in $1.1B Deal
By Anisha Pandey
• 3 mins read
Stripe is rumored to have finalized a $1.1 billion acquisition of the stablecoin platform Bridge, with both companies yet to provide official confirmation.
Stripe in Talks to Acquire Stablecoin Fintech Platform Bridge
By Anisha Pandey
• 3 mins read
Stripe’s possible acquisition of Bridge marks its increasing interest in the stablecoin market, but the deal remains uncertain at this stage.
Revolut Ventures into Wealth Management with New Trading App across Europe
By Chimamanda U. Martha
• 3 mins read
Crypto-friendly bank Revolut is expanding its business offerings with the launch of new standalone trading app for wealth management investors.
Stripe Announces Strategic Partnership with Robinhood-backed Bitstamp to Expand Operations in Europe
By Steve Muchoki
• 3 mins read
The partnership between Stripe and Bitstamp will initially support Bitcoin, Ethereum, Solana, XLM, and USDC.
Revolut Receives UK Banking License from Bank of England after Waiting Three Years
By Tolu Ajiboye
• 3 mins read
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
By Bhushan Akolkar
• 2 mins read
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
By Anisha Pandey
• 2 mins read
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
By Bhushan Akolkar
• 2 mins read
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
By Bhushan Akolkar
• 3 mins read
This private equity sale by Revolut will help the company generate liquidity for early investors and employees.
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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