Representative French Hill Expected to Take Over Powerful House Financial Services Committee

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Representative French Hill is slated to take over the powerful House Financial Services Committee following the exit of popular Chairman Patrick McHenry. Multiple news outlets are reporting the selection of Hill, who has edged out several others interested in the chairman position. The Digital Chamber… Read More

 

 




CFPB Targets Overdraft Fees, House Financial Services Committee Says Not So Fast

The Consumer Financial Protection Bureau (CFPB) has announced a final rule that addresses the overdraft system for consumers who need credit beyond an existing balance. The new rule allows large banks several options for overdrafts: They can choose to charge $5; To offer overdraft as… Read More

Almond Fintech Recognized for its Crypto Payment Service

Almond Fintech has been recognized for its B2B payment platform that leverages blockchain technology. According to a not from the firm,the CrossTech Innovation Awards has selected Almond to receive its 2024 Crypto Payments Solution in the Cross-Border Industry. This is the second year in a… Read More

Klarna Payment Options Available at Checkout via Apple Pay in Canada

Klarna, the AI-powered global payments network and shopping assistant, is reportedly available to users in Canada checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later versions. As mentioned in the announcement, eligible Apple… Read More

BitGo Announces Expansion into Taiwan with Aim to Provide Regulated Digital Assets Solutions

BitGo reports that it has submitted an application to establish its Taiwan-based entity, BitGo Taiwan. This furthers their commitment to supporting demand for digital assets within APAC by providing clients with secure solutions. Establishing this entity paves the way for an application to the FSC… Read More

Global Real Estate Deal Market Exhibits Early Signs of Recovery in 2024 ā€“ Report

Preqin, the global firm focused on alternative assets data, tools, and insights, released its Preqin Global Report 2025: Real Estate. The report fromĀ PreqinĀ shows that globalĀ real estate aggregate transaction value in North America, Europe, and Asia-Pacific (APAC) all saw “a rebound during the first three quarters… Read More

Open Banking Fintech TrueLayer Teams Up with Ryanair

Fintech TrueLayer, which claims to be one of Europeā€™s most prominent open banking payments network, has teamed up with Ryanair, Europeā€™s largest airline group. This collaboration is now live and represents a key milestone for both TrueLayer and Ryanair. Ryanair customers are now able to… Read More

Tokenized Securities Exchange: Assetera Enables Blue Chip Stock Trading, Partners with Republic

Assetera, a digital securities marketplace, is now allowing trading in “Blue Chip” stocks, like NVDA and “T-Bill trackers,” providing 24/7 trading on a platform powered by blockchain technology. Assetera is licensed and supervised by the Austrian Financial Market Authority and holds a MiFID II license…. Read More

Swiss Digital Asset Firm Taurus Expands into Turkey

Digital asset platform Taurus SA is expanding into Turkey, according to a note distributed by the firm. Taurus shares that the new office is due to the new regulatory framework for digital assets. The expansion is also expected build upon a presence in Dubai and… Read More

Over $6 Billion in Equity in Private Firms Sold this Year: Nasdaq Private Markets Report

A recent report shares that Nasdaq Private Markets (NPM), a secondary trading platform for shares in private firms, has booked $6 billion in trades so far this year. In total, since its creation, NPM reports over $55 billion in transactional value and more than 250… Read More

HeavyFinance and Multitude Bank to Invest in Sustainable Agricultural Loans

HeavyFinance is pleased to announce a partnership with Multitude Bank, a core subsidiary of the Nordic region listed FinTech, Multitude Group. Via a debt-asset securitization deal, Multitude Bank will reportedly invest EUR 14 million in loans for small and medium-sized agricultural businesses to support their… Read More




Payments Fintech Dojo and American Express to Streamline Payment Processes for Small Businesses

Payments technology provider Dojo has signed a new partnership with American Express Ā (NYSE: AXP) marking the next chapter in their long-standing relationship while making it even easier for small businesses in the UK to accept American Express payments. The agreement will help Dojoā€™s small business… Read More

Consumer Spending in Ireland Surges with Debit and Credit Card Transactions Increasing in December – Report

The most common last-minute spenders during the festive period based on 2023 spending data were 36-45 males, according to an update from the Bank of Ireland. This may not come as a surprise due to the general increase in consumer spending seen during the end… Read More

Global Fintech Circle and Binance to Enable Stablecoin USDC and Crypto Adoption

Crypto industry firms Circle Internet Group Inc. and Binance have joined forces in a partnership announced at Abu Dhabi Finance Week that will expand adoption of USDC and support the development of the global digital assets and wider financial services ecosystem. With the growth and… Read More

Paxos Partners with Standard Chartered to Enhance Stablecoin Reserve Management

Paxos, the regulated blockchain and tokenization infrastructure platform, has partnered with Standard Chartered to enhance Global Dollar (USDG) and Lift Dollar (USDL) reserve management. Through this collaboration, Standard Chartered will provide cash management, trading, and custody services, strengthening the infrastructure supporting the “trusted” digital assets… Read More

Lithuania based Finbee Expands Services to Poland

Finbee are reportedly expanding their service geography and launching their first set of services in Poland. Finbee revealed that they are now offering loans for small and medium-sized businesses (SMBs) for up to PLN 200,000 for “up to three years, without collateral.” Tomas Maciulaitis, CEO… Read More

Australia: Birchal Reports $2 Million Raised in 29 Hours

Birchal, an online investment platform based in Australia, says it has raised $2 million in just 29 hours. The self-crowdfunding round was backed by more than 800 investors. Birchal says its own round was the fastest this year and the largest as well. Birchal is… Read More

Global Fintech Airwallex Reports Steady Revenue Increase Across APAC Region

Airwallex reported strong YoY growth across the APAC region as the global payments and financial operating platform for businesses. In Q3, Airwallex delivered an 83 percent revenue increase YoY and grew transaction volume by “49 percent YoY across the APAC region, as well as significant… Read More

Saudi Arabiaā€™s Derayah Financial Invests in Alpacaā€™s Middle East Business, Supports its Stocks Offering

Alpaca noted that it is cementing its self-clearing foundation through its DTCC membership and product launches, including Options Trading and High Yield Cash Accounts. Alpaca, a brokerage infrastructure tech firm and self-clearing broker-dealer, delivering execution and custody solutions for Stocks, ETFs, and Options, that support… Read More

The CFPB Should Be Investigating Banks that Debanked Individuals and Firms

Today, theĀ Consumer Financial Protection Bureau (CFPB) testified before the Senate Banking Committee. Chairman Rohit Chopra outlined his accomplishments while at the agency in his opening statement, mentioning that they are working on addressing the challenges of debanking. Blocking people from the banking system has emerged… Read More

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