FDIC Tightens Grip on Fintech Firms, Proposes Record-Keeping Rules for Banks
The Federal Deposit Insurance Corporation (FDIC) has proposed a significant rule that compels banks to maintain detailed records of fintech customers’ data, CNBC reported. This initiative follows the collapse of…
Crypto Prime Broker BlockFills Enhances Data Offerings with NCFX Deal
BlockFills, a crypto trading solutions provider, has announced a strategic partnership with New Change FX (NCFX), integrating the latter’s benchmark data and analytics feed into its product suite. BlockFills’ wants…
38% of Payment Advisors Believe AI Will “Decrease Need for Business Analysts”: Report
Although AI is not new, many financial institutions are only beginning to explore its potential. Early use cases primarily focus on chatbots, fraud detection, and reducing costs. The broader applications,…
Revolut Secures Prepaid Card Authorization in India, Plans 2025 App Launch
FM Home > FinTech > Payments > Revolut Secures Prepaid Card Authorization in India, Plans 2025 App Launch Revolut Secures Prepaid Card Authorization in India, Plans 2025 App Launch 2024-09-17T13:44:59.973+02:00…
Monzo Becomes First UK Bank to Offer Apple Pay Monthly Payments
Monzo has introduced a new payment option for its Flex customers using iOS 18 and iPadOS 18. The feature allows users to pay in full or spread the cost over…
Playtech to Sell Its Italian Retail Unit for €2.3 Billion
British gambling technology firm Playtech has agreed to sell its Italian business unit, Snaitech, to Flutter Entertainment, the world’s largest betting company, for EUR 2.3 billion (USD 2.56 billion). An…
Fintel Flexes Muscles with 13% Revenue Boost, but Investors Have a Different Take
The publicly-listed fintech company from London, Fintel (AIM: FNTL), announced financial results for the first half of 2024 today (Tuesday), marked by strategic acquisitions and organic growth. Despite a rebound…
Management Suspension on Trade360’s Cyprus Operator’s Owner Extended
The Cyprus Securities and Exchange Commission (CySEC) has extended Petros Zachariades’ suspension from his ownership and management duties at Crowd Tech Ltd, which operated the forex and contracts for differences…
Prop Firm QuantTekel Introduces Broker Services after Rebranding from AscendX Capital
In a social media post at X, the Forex Prop Firm AscendX Capital revealed it has rebranded as QuantTekel. The firm stated: “We are excited to announce that our name…
Waiting for a Payout from The Funded Trader Prop Firm? You Might Not See It This Year
Investors who have been waiting for over six months to withdraw their funds from the prop firm The Funded Trader (TFT) will need to find additional reserves of patience. The…
