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Hey FinTech Fanatic! The Financial Conduct Authority (FCA) and the Bank of England have rolled out new rules targeting the resilience of critical third-party technology providers. With financial institutions relying more heavily on a small pool of tech firms to keep operations running smoothly, this framework is designed to mitigate

Hey FinTech Fanatic! The FTX estate is now on a relentless mission to recover what it claims as losses from none other than Binance and its former CEO, Changpeng Zhao. According to FTX’s latest court filing in Delaware, it seeks a staggering $1.76 billion, alleging a “fraudulent” deal

Hey FinTech Fanatic! Block, formerly Square, is shifting focus toward Bitcoin accessibility and small-business lending. On their Q3 earnings call, Jack Dorsey shared that Block is winding down TBD’s DeFi and scaling back on Tidal, redirecting resources to Bitkey (their self-custody Bitcoin wallet) and Bitcoin mining. “We’re focused

Hey FinTech Fanatic! Equifax UK launched a transformative tool to support financially vulnerable consumers. Tariff Connect is designed to streamline eligibility assessments for social tariffs, giving utility and telecoms providers a smarter, faster way to help customers access essential discounts and special pricing plans. By harnessing the power of Open

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