The sudden collapse of Synapse Financial Technologies Inc. in April 2024 sent a significant tremor through the fintech industry, bringing to light glaring inadequacies in the regulatory framework that governs digital banking. This pivotal event saw the freezing of $265 million in end-user funds,
In a groundbreaking move, The Clearing House will raise the individual transaction limit for real-time payments in the US to $10 million starting February 9, 2025, potentially transforming the financial landscape. This decision follows the recent milestone of surpassing one billion payments on the
The financial technology (Fintech) landscape is rapidly evolving, driven by advancements in artificial intelligence (AI), regulatory changes, embedded finance, and digital transformation. As we look ahead to 2025, several transformative trends are expected to reshape the industry. This article
The financial industry is on the brink of a significant transformation as blockchain technology continues to make inroads into traditional banking, and Telcoin's recent achievement is a testament to this ongoing shift. Telcoin, a pioneer in blockchain-based financial services, has received
India's banking landscape is undergoing a remarkable transformation, driven by the integration of Banking-as-a-Service (BaaS) and Artificial Intelligence (AI) innovations. This evolution is poised to position Indian banks as leaders in the global financial sector, catalyzing agility and a
The financial technology (fintech) industry is revolutionizing the African continent, breaking down financial barriers, and providing economic opportunities to millions of people. With approximately 40% of adults in Sub-Saharan Africa unbanked, fintech companies are stepping in where traditional
