Revolut Secures License to Offer Crypto Trading Services in Cyprus
While digital currencies are not the primary strength of Revolut, it has joined the race for license approvals like other crypto-focused companies in and beyond Europe.
FinTech News
Find latest news about FinTech - the technology that drives the development of financial applications, processes and products revolutionizing the way we live 
Payment Startup Strike Launches Visa Card to Give Real World Returns
While Strike may be the latest blockchain-based startup with a collaboration to offer crypto rewards through a Visa card, it is certainly not the first to trail this path.
Binance Partners with Mastercard to Launch Prepaid Crypto Cards in Argentina
Binance said that it will offer crypto card users 8% cash back on purchases made at online and in-store merchant locations.
FOMO Pay Taps Ripple in Major Partnership Deal to Bolster International Payments
With Ripple’s ODL, FOMO Pay may now provide instantaneous and more efficient payment services to its users around the globe.
QNB to Pioneer Faster Remittance to Philippines through RippleNet
Despite its current woes in the United States, Ripple has continued to break into new markets.
Crypto.com Integrates Google Pay for In-App Crypto Purchases
The decision to integrate Google Pay is to reiterate Crypto.com’s mission of democratizing access to digital currencies as the move into the future of Web3.0 intensifies.
AirWallex and Shopify Partner to Launch Online Payment System
The launch of the online payment system is the latest in a series of moves by the fintech firm to expand.
Brazilian Fintech PicPay Forays into Crypto, Going to Launch Its Exchange and Stablecoin
PicPay follows in line with other big-name Brazilian companies trying to maximize the potential of the crypto sector.
Klarna Sees 85% Fall in Valuation amid Inflation, Higher Interest Rates, and Competition
Sebastian Siemiatkowski, Klarna CEO, made an effort to downplay the impact of the company’s drop in valuation. Siemiatkowski stated the current position is a “testament to the strength of Klarna’s business.”
Revolut and Polkadot Partner Over Crypto Education Program
Revolut remains convinced that the lessons will be relevant to all crypto users, regardless of their expertise level.
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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