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Tag: financial technology news

Revolut’s $3 Billion Commitment to UK Investment: What It Means for the Fintech Sector

FinTech Steve Sam -
Exploring the Impacts of Revolut's Ambitious Investment on the UK Economy and Fintech Landscape Highlights: Revolut pledges a massive investment...

EU’s Decision to Exclude Big Tech from Financial Data Sharing

FinTech Steve Sam -
Implications for the Financial Data Ecosystem and Big Tech's Role Highlights: The European Union is set to prohibit major technology...

BT Sells Radianz Business to TNS: A Strategic Move in Financial Technology

FinTech Olivia Bennett -
Exploring the Implications of BT's Radianz Sale on Financial Services Connectivity Highlights: BT has completed the sale of its Radianz...

Wealthsimple Acquires Investment Research Platform Fey

FinTech Laura M -
Expanding Wealthsimple's Capabilities in Investment Insights and Analytics Highlights: Wealthsimple has acquired Fey, an investment research platform.The acquisition aims to...

SSC Acquires Funds Network Calastone in Strategic £1bn Deal

FinTech Rinsu Ann Easo -
A Major Move in the Digital Funds Transfer Landscape Highlights: SSC has successfully acquired Calastone for £1 billion.The acquisition aims...

Stripe Expands Its Horizons with Acquisition of Crypto Wallet Startup Privy

FinTech Megan Clarke -
Exploring Stripe's Strategic Move into Cryptocurrency Solutions Highlights: Stripe has announced its acquisition of Privy, a crypto wallet startup.This move...

Finom Secures $105 Million Growth Investment from General Catalyst

FinTech Olivia Bennett -
Revolutionizing Financial Services with Fresh Capital Highlights: Finom has successfully raised $105 million in growth investment.General Catalyst led the funding...

Global Payments Acquires Worldpay for $22.7 Billion: Strategic Insights and Market Impact

FinTech Laura M -
A deep dive into the implications of the Global Payments and Worldpay merger on the payment processing landscape. Highlights: Global...

Block Reduces Workforce by 931 Employees and Shutters Open Positions

FinTech James Rowley -
Company Restructuring Affects Global Workforce Amid Performance Challenges Highlights: Block has announced a substantial layoff affecting nearly 10% of its...

AvidXchange Explores Potential Sale Amid Market Changes

FinTech Megan Clarke -
What Investors Need to Know About AvidXchange's Strategic Shift Highlights: AvidXchange has reportedly engaged in discussions regarding a potential sale.The...

Temenos Sells Multifonds for $400 Million: A Strategic Move for Growth

FinTech Rinsu Ann Easo -
Understanding the Implications of Temenos' Divestment in the Financial Software Market Highlights: Temenos has finalized the sale of its Multifonds...

Stripe Announces Layoff of 300 Employees Amidst Industry Challenges

FinTech Rinsu Ann Easo -
Navigating Change: How Stripe's Workforce Reduction Reflects Broader Trends in Fintech Highlights: Stripe has laid off 300 employees as part...

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Do Kwon Sentenced to 15 Years for Terraform’s Massive Fraud Scheme

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Court ruling marks a significant moment for cryptocurrency accountability. Highlights:...

Nationwide Fined $44 Million for Ineffective Financial Crime Controls

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The financial institution faces penalties for subpar compliance measures. Highlights:...

Grasshopper Bank Acquired by Enova for $369 Million in Strategic Move

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Acquisition aims to enhance Enova's digital banking capabilities and...

JPMorgan Enables US Commercial Paper Issuance for Galaxy Holdings on Solana

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A significant step in the intersection of traditional finance...

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