August 25, 2025 @ 2:50 am By Omar Faridi  |  

Ten UK regions have recorded a rise in startup activity in the first half of 2025, signaling renewed confidence in the country’s entrepreneurial sector. According to the New Startup Index from NatWest and Beauhurst, the North East saw the fastest relative growth, with over 10,000… Read More

 Tagged natwest group, smbs, startups, uk, united kingdom

August 25, 2025 @ 1:56 am By Michael Wong  |  

Turkish investment platform Midas has secured $80 million in a Series B round, bringing its total capital raised to more than $140 million as it expands offerings and strengthens security infrastructure. The round, which the company claimed as the largest fundraising by a fintech in… Read More

 Tagged midas, turkey, venture capital

August 24, 2025 @ 11:59 am By Michael Wong  |  

Payments Network Malaysia Sdn Bhd (PayNet), the operator of the country’s national payments network, has expanded its partnership with China’s Ant International to strengthen cross-border digital payments, boost tourism and advance financial technology cooperation. The two firms signed a renewed memorandum of understanding (MoU) that… Read More

 Tagged ant international, digital payments, malaysia, paynet

August 24, 2025 @ 11:58 am By Omar Faridi  |  

In a move to address consumer financial protection, the Consumer Financial Protection Bureau (CFPB) has initiated legal proceedings against Synapse Financial Technologies, a now-bankrupt fintech company accused of mishandling customer funds. The lawsuit, filed on August 21, 2025, alleges that Synapse’s operational failures led to… Read More

 Tagged cfpb, consumer financial protection bureau, enforcement, evolve

August 24, 2025 @ 11:55 am By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a significant shift, driven by Payments Canada’s ongoing modernization efforts. At the core of this transformation is the Real-Time Rail (RTR), a new national payment infrastructure set to enable instantaneous, data-rich transactions 24/7. Coupled with the adoption of the ISO… Read More

 Tagged digital transactions, digital transformation, digitalization, payments canada, real-time payments

August 23, 2025 @ 8:09 am By Omar Faridi  |  

The financial sector is undergoing a major shift as traditional banking firms pivot toward blockchain technology, recognizing its potential to reshape the digital economy. A report from CB Insights highlights how major banks are diving headfirst into the digital asset ecosystem, leveraging blockchain to make… Read More

 Tagged blockchain adoption, digital financial services, dlt, insights

August 22, 2025 @ 4:14 pm By JD Alois  |  

A Special Master appointed by the Delaware District Court has recommended formal sanctions against both Envestnet and Yodlee, as part of a legal battle with FinancialApps LLC. FinancialApps claims trade secret misappropriation. Bain Capital recently acquired Envestnet, and Yodlee was acquired by STG Partners. According to… Read More

 Tagged envestnet, financialapps, lawsuit, yodlee

August 22, 2025 @ 3:51 pm By Omar Faridi  |  

On August 21, 2025, China’s mainland stock market reached a significant milestone as the Shanghai Composite Index closed at its highest level since August 2015, climbing 0.13% to 3,771.10 points. The blue-chip CSI300 index also saw gains, rising 0.39% on the same day. As first… Read More

 Tagged china, fintech adoption, shanghai stock exchange, stablecoins

August 22, 2025 @ 3:48 pm By Omar Faridi  |  

PwC, a global network of firms providing audit and assurance, tax and legal, and deals and consulting services, announced an expanded partnership with Workday, Inc. to develop and deliver new custom industry apps through the built on the Workday platform. Through this partnership, PwC firms… Read More

 Tagged digital technology, digitalization, pwc, workday

August 22, 2025 @ 12:32 pm By JD Alois  |  

Bank branches are quickly becoming a thing of the past. Think floppy disks and fax machines. Consumers manage their financial existence on their smartphones. And they prefer it over queuing up for a teller. At the same time, there remains a segment of the community… Read More

 Tagged banking, bkn301, uk, united kingdom