Apple Revises App Store Guidelines for Crypto and NFTs Following Court Ruling

Apple (NASDAQ:AAPL) has reportedly updated its App Store guidelines, loosening restrictions on iOS apps that facilitate crypto and NFT transactions. This change comes in response to a U.S. District Court ruling in the ongoing antitrust case brought by Epic Games, marking a pivotal moment for digital… Read More

Payments Canada Updates Automated Clearing and Settlement System Rules to Enhance Payment Processing

On April 28, 2025, Payments Canada implemented significant updates to the rules governing the Automated Clearing and Settlement System (ACSS), a critical infrastructure for processing electronic payments in Canada. These changes, aimed at enhancing clarity, aligning with current practices, and supporting ongoing modernization efforts, mark… Read More

Robinhood Markets Reports Steady Business Growth in Q1 2025

Robinhood

Robinhood Markets, Inc. (NASDAQ: HOOD) announced financial results for the first quarter of 2025, which ended March 31, 2025. Vlad Tenev, Chair and CEO of Robinhood said: “This quarter, we significantly accelerated product innovation across our key initiatives, highlighted by the announcement of Robinhood Strategies,… Read More

Runa Research Provides Freelancer Retention Recipe

Runa, a global fintech infrastructure for payouts, has released new payments research that provides businesses with data-driven insights into how to retain and engage gig workers, freelancers, direct sellers, and other independent workers. With workplace engagement continuing to plummet, more than one-third of the U.S. workforce… Read More

Payments Firm Qenta Acquires Pipit Global

Qenta, a global payments company, this week announced the acquisition of Pipit Global, a B2B cross-border payments platform operating in more than 45 countries. Pipit adds an international compliant network of more than one million pay-in points and integrations with mobile money systems across Africa,… Read More

European Regtech Fourthline Selected by Riverty to Provide KYC Tech

Fourthline, a pan-European fintech, has been chosen by Riverty to provide customer verification (KYC) technology, now live in both Germany and the Netherlands. Riverty, stands as an international financial services provider within the Bertelsmann Group. With over 50 years of industry experience, Riverty supports “more… Read More

Vietnam to Launch Fintech Sandbox for P2P Lending and Credit Scoring in July

Vietnam will begin a two-year regulatory sandbox for selected fintech services, including peer-to-peer (P2P) lending, credit scoring, and open banking data sharing, starting July 1, under a government decree issued earlier this week. Decree 94, released on April 29, establishes a controlled testing environment for… Read More

Yotta’s Collapse Leaves Depositors with Unexpected Losses: When Fintech Promises Fall Short of FDIC Protection

In an era where fintech companies promise innovative ways to save and grow wealth, the story of Yotta, a fintech platform that lured savers with the chance to win cash prizes, has raised serious questions about the reliability of FDIC insurance in the digital banking… Read More

Block Reports Q1 2025 Financial Results, Cautious Guidance Leads to Sharp Decline in Stock Price

Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results on May 1, 2025, revealing a mixed performance shaped by macroeconomic challenges. While Block achieved notable profitability milestones, weaker-than-expected revenue and cautious guidance sparked investor concerns, leading… Read More

Retail Fintech Funding Declines in Q1 2025 Amid Economic and Regulatory Uncertainty – Report

The retail fintech sector faced a significant setback in Q1 2025, as venture capital (VC) funding dropped sharply by 37.8% from the previous quarter, totaling just $1.9 billion, according to PitchBook’s Q1 2025 Retail Fintech VC Trends report. This decline, despite optimism for regulatory relief… Read More

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