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PayPal Introduces Money Pooling for Family and Friends

PayPal Introduces Money Pooling for Family and Friends

Hey FinTech Fanatic! PayPal has introduced a new feature that allows customers to easily pool money with friends and family for group gifts, travel, special events, or other shared expenses. Launching globally across the US, Germany, Italy, and Spain, this feature enables users to create a money pool within the

Revolut Expands Crypto Exchange to 30 New Markets in Europe

Revolut Expands Crypto Exchange to 30 New Markets in Europe

Hey FinTech Fanatic! Revolut has announced a significant expansion of its dedicated crypto platform, Revolut X, now available to experienced traders across 30 new markets in Europe. “With the expansion of Revolut X, we’re aiming to make a real impact in the crypto trading space and offer a strong

UK Tightens Oversight on Critical Tech Providers in Finance

UK Tightens Oversight on Critical Tech Providers in Finance

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

FTX Sues Binance for $1.76B Over “Fraudulent” Deal

FTX Sues Binance for $1.76B Over “Fraudulent” Deal

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

Block Earnings Reveal Dorsey’s Bitcoin and Banking Vision

Block Earnings Reveal Dorsey’s Bitcoin and Banking Vision

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

Equifax UK Launches Digital Tool for Faster Social Tariffs

Equifax UK Launches Digital Tool for Faster Social Tariffs

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

JPMorgan Rolls Out Instant Dollar-Euro Settlement on Kinexys

JPMorgan Rolls Out Instant Dollar-Euro Settlement on Kinexys

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