How Is Independent Reserve Pioneering Crypto in the APAC Region? Independent Reserve, founded in 2013, stands as one of the most established cryptocurrency exchanges in the Asia-Pacific (APAC) region. With a customer base of 350,000 globally and the distinction of being licensed by the Monetary
Recent data reveals a notable resurgence in fintech funding across Europe, diverging sharply from the broader trend of decreased startup funding in the third quarter of 2024. Despite an overall 35% decline in European startup funding compared to the previous year, fintech startups experienced an
The financial technology industry and the banking sector have been witnessing significant developments. Two recent stories stand out: the Financial Technology Association (FTA) challenging the Consumer Financial Protection Bureau (CFPB) over new rules for buy now, pay later (BNPL) services, and a
Every year, the Banking Tech Awards celebrate the best and brightest in the banking technology sector. As the 25th edition of these prestigious awards approaches, industry insiders and enthusiasts are eager to see who will stand out. This year’s finalists reflect a broad spectrum of innovation, l
VanEck, a global investment management firm known for its pioneering efforts in the cryptocurrency space, has launched VanEck Ventures. This $30 million venture capital fund aims to invest in early-stage startups within the realms of fintech, digital assets, and artificial intelligence (AI). The
VanEck, a global investment management firm managing over $118 billion in assets, has historically been a trailblazer in the cryptocurrency space. Their latest venture, a $30 million fund dedicated to early-stage startups in fintech, digital assets, and artificial intelligence (AI), aims to
As digital fraud threats become increasingly sophisticated, financial institutions are turning to advanced technologies like AI and biometrics to stay one step ahead, enhancing the ability to detect and prevent fraud while ensuring compliance with regulatory standards. This technological evolution
Toronto-Dominion Bank (TD Bank), one of North America's largest banking institutions, is facing unprecedented penalties due to significant lapses in its Anti-Money Laundering (AML) compliance program. The staggering $3.09 billion fine is being described as the largest ever imposed under the US
Bank of America has announced a significant organizational restructuring by folding its fintech investment banking team into its larger technology practice. This move comes as a reflection of the growing convergence between financial services and software technology in the industry. Approximately
Bitcoin's recent price surge has left many in the cryptocurrency community stunned. The digital currency skyrocketed to $64,173, leaving short traders—those betting against Bitcoin—particularly hard-hit. The swift increase in Bitcoin's value triggered widespread margin calls and forced liq
