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Hey FinTech Fanatic! The Information published an mind-blowing deep dive on Sultan Meghji, the Federal Deposit Insurance Corporation (FDIC)'s first ever Chief Innovation Officer. In a revealing investigation, Sultan Meghji, has been spotlighted for his pattern of embellished stories and inconsistencies. Once a FinTech founder, Meghji's

TGIF! We end the week in FinTech with interesting Payments news from Europe: The European Parliament has passed a regulation mandating that funds must be transferred to EU retail and business bank accounts within ten seconds. This move, part of an update to the Single Euro Payments Area (Sepa) rules

Hey FinTech Fanatic! HSBC recently launched Zing, a new application poised to challenge established FinTech players such as Wise and Revolut in the competitive foreign exchange (FX) market. Zing is designed to attract users with its promise of low transaction fees, a direct response to the cost-effective solutions offered by

Hey FinTech Fanatic! Paytm CEO Vijay Shekhar Sharma and team members convened with RBI representatives to deliberate on the imposed regulatory measures. This development coincides with an appeal from a consortium of startup entrepreneurs to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, and RBI Governor Shaktikanta Das, with a

Hey FinTech Fanatic! Waking up at home in Amsterdam always brings me happiness, especially after a lengthy journey abroad. I will soon return to the US to kick off event season at FinTech Meetup in Las Vegas. If you happen to be around as well, I highly encourage you to

Hey FinTech Fanatic! Let's start with interesting news from the Payments industry, where India’s unified payments interface (UPI) has now gone live in France. NPCI International Payments Limited (NIPL) in partnership with Lyra, a French leader in securing e-commerce and proximity payments, has announced the acceptance of

TGIF! In a significant regulatory move, the Reserve Bank of India (RBI) has directed Paytm Payments Bank, a key player in India's digital payment sector, to halt new deposits and wallet services starting March. This decision has led to a sharp 20% drop in Paytm's stock,