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FinTech vs. Wall Street: How FinTechs like Robinhood and Chime are Winning the Wallets of Americans

FinTech vs. Wall Street: How FinTechs like Robinhood and Chime are Winning the Wallets of Americans

Hey FinTech Fanatic, I'm about to board my plane to Los Angeles and looking forward to catching up with my US network at FinTech Meetup in Las Vegas soon! And if you are heading to SXSW this year, right after FinTech Meetup, be sure to request an invite

Block's Surprise Profit Sends Stocks Soaring

Block's Surprise Profit Sends Stocks Soaring

Hey FinTech Fanatic! Block, the financial services company, experienced a significant increase in its stock value, rising up to 14% after revealing unexpectedly high fourth-quarter earnings. The company, renowned for its Cash App and Square services, reported a revenue of $5.77 billion, surpassing the anticipated $5.70 billion. This

EMI License vs Banking License, What's The Difference?

EMI License vs Banking License, What's The Difference?

Hey FinTech Fanatic, What's the difference between an EMI License and a Banking License? Let me explain based on an interesting source article made by Transact: Electronic Money Institutions (EMIs), entities authorized to issue and manage electronic money, operate in a sphere that while similar, is distinct from

Did Nubank Create the Best FinTech Ad Ever?

Did Nubank Create the Best FinTech Ad Ever?

Hey FinTech Fanatic! Time flies, and next week I'll find myself back in the US once again. Of course I'll be attending FinTech Meetup, and on March 4th, my dear friends from Financial Revolutionist are hosting what promises to be the highlight happy hour of the

Monzo Bank is closing a £350M Mega Round that would value the British digital bank at £4bn

Monzo Bank is closing a £350M Mega Round that would value the British digital bank at £4bn

Hey FinTech Fanatic! Monzo Bank is on the verge of securing a fresh funding round, expected to boost its valuation to approximately £4 billion, sources revealed to Financial Times. This emerging FinTech powerhouse in the UK is reportedly close to finalizing an investment deal within the next couple of weeks.

The AI Revolution in Identity Fraud: Bypassing KYC with Fake IDs

The AI Revolution in Identity Fraud: Bypassing KYC with Fake IDs

Hey FinTech Fanatic! OnlyFake's Telegram account recently declared the end of traditional document forgery, as the underground site offered fake IDs from 26 countries for $15, using AI to generate realistic images complete with customizable credentials and backgrounds. These IDs, according to its founder "John Wick,"

Paytm's New Banking Partnership with Axis,Visa & Mastercard Face RBI Halt in India

Paytm's New Banking Partnership with Axis,Visa & Mastercard Face RBI Halt in India

Hey FinTech Fanatic, In a strategic move to navigate regulatory challenges, Paytm has partnered with Axis Bank Ltd., transitioning from its previous collaborator, Paytm Payments Bank, which faced regulatory scrutiny. This partnership aims to stabilize Paytm's merchant payments settlement business amidst tightening oversight from the Reserve Bank of