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Hey FinTech Fanatic! JP Morgan is set to enable instant settlement for dollar-to-euro foreign-exchange conversions on its Kinexys blockchain platform, with plans to introduce the British pound soon after. As JPMorgan exec Naveen Mallela, co-head of Kinexys (formerly Onyx), put it, “If you look at JPM Coin, we generate revenues

Hey FinTech Fanatic! In a record plunge, shares of Marqeta Inc. fell more than 40% after disappointing fourth-quarter guidance left investors scrambling. "Heightened regulatory scrutiny has delayed the timelines for getting clients card programs up-and-running," Chief Financial Officer Mike Milotich said on a conference call Monday after Marqeta

Hey FinTech Fanatic! UBS Asset Management, the global giant steering over $5.7 trillion in assets, has launched its first tokenized investment fund on the Ethereum blockchain. uMINT—the UBS USD Money Market Investment Fund Token. This launch marks an expansion of UBS's Tokenize platform, which is carving

Hey FinTech Fanatic! Barclays has wrapped up its £600M acquisition of Tesco Bank, securing high court approval on October 17th. Under a ten-year partnership, Barclays will now operate Tesco’s banking services, while Tesco retains its insurance, ATM, and travel money operations. This deal brings 2,800 Tesco Bank employees,

Hey FinTech Fanatic! It’s been a whirlwind week here in San Francisco, packed with meetings right on the heels of a busy Money2020 in Las Vegas. I’ll keep this short so we can all head into a well-deserved weekend of rest. Of course, I won’t leave you

Hey FinTech Fanatic! Today, Visa announced a partnership with Coinbase, one of the most trusted names in the crypto world. This new alliance is set to unlock a level of convenience and flexibility that could reshape the way Coinbase users in the US and EU manage their funds and trade

Hey FinTech Fanatic! This week, Nubank is diving into new territory, unveiling NuCel, a mobile phone service that’s set to redefine connectivity in Brazil and expand the company’s portfolio beyond Financial Services. The product was developed to simplify users’ lives with flexible and no-commitment plans. Additionally, NuCel customers