Daily News

Hey FinTech Fanatic! PayPal is developing a fresh consumer application for its mobile users, hinting at its readiness to leverage the upcoming EU legislation, the Digital Markets Act (DMA), set to be implemented next month. This regulation primarily targets major tech companies, including Apple, by designating them as "gatekeepers.

Hey FinTech Fanatic! British fintech heavyweight Revolut has unveiled an innovative travel eSIM plan for U.K. customers. This pioneering initiative, marking Revolut as the first financial services firm in the country—and among the first globally—to offer telecom plans, showcases the digital banking giant's ambition to

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