fintech
Revolut Applies for Bank License in New Zealand Following Its Launch in 2023
- The firm launched in New Zealand in July last year, processing NZ$350 million in transactions.
- The company offers cryptocurrency trading, a service not provided by any New Zealand bank.
Thursday, 05/12/2024 | 17:19 GMT by
Tareq Sikder
Airwallex Expands EMEA Presence with New Offices: 271% Q3 Revenue Surge
- The firm's global processing volume exceeded $100 billion, with revenue over $500 million.
- Staffing grew in Tel Aviv and Vilnius, with senior executives appointed in London and Amsterdam.
Thursday, 05/12/2024 | 09:39 GMT by
Tareq Sikder
AI Adoption in Fintech: “70% of Finance Professionals Utilize Automation for CV Screening”
- In 2024, fintechs embraced AI for talent sourcing, application management, and first-stage interviews.
- Tips and tricks: How can you attract talent in today’s competitive market?
Tuesday, 03/12/2024 | 16:09 GMT by
Reece Pawsey
Revolut's Plans for 2025: Is FinTech Eating the Banks’ Lunch?
- Revolut to roll out smart ATMs, AI-powered banking, and mortgages in an ambitious 2025 strategy.
- The hybrid model blends physical touchpoints with digital innovation.
- Traditional banks face pressure to modernize in the face of nimble FinTech competitors.
Monday, 02/12/2024 | 09:15 GMT by
Louis Parks
Bleap Secures $2.3M in Funding, as Revolut Grows Crypto Reach, M&A Team
- Two ex-Revolut employees raised funds to develop Bleap, a self-custodial stablecoin app.
- Users can spend stablecoins directly via a Mastercard debit card with no conversion fees on Bleap.
Thursday, 28/11/2024 | 11:18 GMT by
Tareq Sikder
17% of US Investors Trust AI, 53% Trust Financial Institutions in UK: eToro and Nasdaq
- The study finds US investors spend 2 hours and 42 minutes on research per week, while UK investors spend 2 hours and 24 minutes.
- US retail investors spend more on investment education, with 23% taking courses versus 15% in the UK.
Thursday, 21/11/2024 | 14:04 GMT by
Tareq Sikder
Revolut Launches UK and EU Stock Trading in 2025 Following FCA Approval
- The firm enters a competitive UK stock trading market, competing with Trading 212 and Freetrade.
- The fintech plans to explore tax-advantaged accounts and margin investing in the future.
Monday, 18/11/2024 | 13:55 GMT by
Tareq Sikder
Revolut Expands M&A Team and Rolls Out Revolut X to 30 EEA Markets
- The company's crypto exchange is expanding across Europe, providing access to over 200 tokens.
- With a UK banking license obtained in July 2024, the company plans to issue its own stablecoin.
Thursday, 14/11/2024 | 11:29 GMT by
Tareq Sikder
How LAUD Empowers Fintech Companies with Data-Driven Marketing Solutions
- Boosting ROI and Strengthening Market Position
Tuesday, 12/11/2024 | 12:06 GMT by
FM
Ebury Kicks Off as Official FX Partner of C.D. Leganés for Global Transactions
- Founded in 2009, Ebury has over 1,700 employees and operates in 25 countries globally.
- The firm offers services in over 130 currencies, including payments, collections, and business lending.
Friday, 08/11/2024 | 11:48 GMT by
Tareq Sikder
Critical Cyber Risks Every Fintech Company Must Watch Out For
- Fintech companies need to have strong defenses and attack response protocols in place.
Thursday, 07/11/2024 | 09:37 GMT by
FM
eToro Survey: 55% of Gen Z Discuss Investments with Friends, Surpasses Boomers
- Gen Z spends 3.7 hours per week on investment research, more than other age groups.
- Investment tips are shared with strangers and colleagues, but less often with romantic partners by Gen Z.
Wednesday, 06/11/2024 | 13:40 GMT by
Tareq Sikder
MAP FinTech Integrates Regulatory Solutions with Your Bourse for Brokers
- Brokers gain regulatory and trading support, including risk management, data insights, and tailored APIs.
- Recently, Tools for Brokers integrated MAP FinTech’s reporting solution to enhance its regtech offerings.
Tuesday, 05/11/2024 | 09:44 GMT by
Tareq Sikder
Transak Secures Dual Licenses in Canada and Delaware for Crypto Access
- The firm secured the second Money Transmitter License from Delaware, following one from Alabama.
- The company is registered with FINTRAC in Canada to operate as a Money Services Business.
Friday, 01/11/2024 | 12:20 GMT by
Tareq Sikder
Starling Bank Launches Call Indicators amid Concerns of Impersonation
- The new feature provides real-time information on whether Starling is currently calling or has called recently.
- Bank impersonation scams in the UK result in annual losses of about £78.9 million.
Thursday, 31/10/2024 | 11:18 GMT by
Tareq Sikder
DriveWealth Plants European Flag in Lithuania's Fintech Hub
- The BaaS company secures a European brokerage license, establishing Vilnius as its European hub.
- The fintech platform expands its global footprint, marking its third regulatory jurisdiction alongside the US and Singapore.
Thursday, 31/10/2024 | 10:12 GMT by
Damian Chmiel
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