In a significant move to bolster its offerings of fintech solutions, CSI, a respected American provider of financial software, has acquired Velocity Solutions, a company well-regarded for its advanced account management and deposit solutions. This acquisition marks a decisive step in CSI's
In the first half of 2024, the regulatory technology (RegTech) sector experienced a notable shift in investment patterns. While the overall number of deals has decreased, the average deal values have surged, reflecting a strategic pivot among investors towards larger, more substantial investments
Credit-building has always been a complex journey, especially for young adults and individuals with damaged credit. Traditional credit products often pose significant barriers, leaving many outside the credit ecosystem for extended periods. In recent years, Buy Now, Pay Later (BNPL) loans have
In an era marked by rapid technological advancements, the recent collaboration between Circle, a global financial technology firm, and Sony Block Solutions Labs has garnered significant attention. Their combined efforts to integrate the Bridged USDC Standard into Soneium, a public Ethereum layer 2
The rapid evolution of the FinTech sector has undeniably transformed traditional financial services, creating a dynamic ecosystem where innovation and agility reign supreme. Over the past decade, we have witnessed FinTech firms introducing groundbreaking innovations like real-time payments and
The financial landscape is ever-evolving, and the latest venture by Affinity Plus Federal Credit Union marks a substantial shift in digital banking. The $4.2 billion asset credit union has embarked on a multi-year partnership with Lumin Digital, aiming to elevate the digital experience for its
The Dutch neobank Bunq is gearing up for a significant expansion, boldly planning to increase its workforce by over 70% amidst widespread job cuts across the fintech sector. The bank's strategic focus includes expanding into the US and UK markets, with a keen eye on attracting digital nomads
Axon has launched a revolutionary decentralized fiat-to-crypto exchange (DEX) mobile platform, now available on both the Apple App Store and Google Play. This pioneering solution is poised to significantly change the financial landscape, providing a comprehensive suite of non-custodial
The financial industry is currently experiencing unprecedented scrutiny as regulatory bodies enforce more stringent rules and impose heavier penalties. The total fines for global trading violations have already reached a staggering $800 million in the first half of this year alone, highlighting the
Embedded finance is revolutionizing the way small businesses access funding by integrating financial services directly into non-financial platforms, streamlining processes, and enhancing accessibility. This innovative approach has transformed the landscape of small business financing, making it
