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bunq Becomes Europe's First AI Powered Bank & Revolut's Record Earnings

bunq Becomes Europe's First AI Powered Bank & Revolut's Record Earnings

Hey FinTech Fanatic! During the highly anticipated 'bunq Update 24' event, Amsterdam based neobank bunq unveiled a series of innovations that are set to redefine the banking experience for millions across the continent. The first major announcement was the impressive growth of bunq's user base. The

Binance Faces $2.7 Billion Fine & CEO Changpeng Zhao A $150 Million Penalty

Binance Faces $2.7 Billion Fine & CEO Changpeng Zhao A $150 Million Penalty

Hey FinTech Fanatic! First of all I'd like to ask if your are, or know, a Facebook ads expert that could help/advice on a small project. Asking for a friend. Please shoot me a message if you can. In a landmark decision, the U.S. District Court

A New Fintech Unicorn, Revolut Ditches Crypto For Business, And Another Lawsuit For Apple, Mastercard, and Visa

A New Fintech Unicorn, Revolut Ditches Crypto For Business, And Another Lawsuit For Apple, Mastercard, and Visa

Greetings FinTech Fanatic! A class action lawsuit has been filed in East St. Louis, Illinois, targeting tech giant Apple and payment moguls Visa and Mastercard. The allegation? A conspiracy to monopolize the point-of-sale payment network services. This lawsuit, spearheaded by beverage retailer Mirage Wine & Spirits, claims these companies colluded

Elon Musk's X Expands Payment License, Plus UK's Big Move on Interchange Fees

Elon Musk's X Expands Payment License, Plus UK's Big Move on Interchange Fees

Hey FinTech Fanatic! Elon Musk's social media platform X, took a step closer to offering payment features after receiving a money-transmitter licence from a 13th US State this week. Recent developments have seen X successfully obtaining a payment processing license in 13 US states, including Pennsylvania, a move

ABN AMRO Aquires BUX, Pleo And Apex Eye IPO

ABN AMRO Aquires BUX, Pleo And Apex Eye IPO

TGIF! 😉 Straight from Amsterdam, ABN AMRO Bank has announced its acquisition of neobroker BUX. This significant deal, expected to close in 2024, excludes BUX's cryptocurrency operations (now we probably know why they let go of their complete crypto team in April this year) and awaits regulatory approval. BUX,

Google Pay Pilots New Buy Now Pay Later (BNPL) Options

Google Pay Pilots New Buy Now Pay Later (BNPL) Options

Hey FinTech Fanatic! There seems to be no day without BNPL news. Drew Olson, Senior Director at Google Pay, discussed with PYMNTS CEO Karen Webster the growing consumer demand for diverse payment options, notably Buy Now, Pay Later (BNPL). This trend is particularly strong among the over one billion daily

Major Brazilian Fintechs Accused of Credit Scheme 'Piracy' And More Apple Pay News

Major Brazilian Fintechs Accused of Credit Scheme 'Piracy' And More Apple Pay News

Hey FinTech Fanatic! In the latest development of the ongoing 'war' between banks and payment companies over interest-free installment payments and revolving credit card balances, the Brazilian Federation of Banks (Febraban) has intensified the dispute. Febraban, representing major banks, filed two complaints with the Central Bank of Brazil