Binance Launches Sharia-Compliant Crypto Staking Product
Global crypto exchange Binance has launched its first Islamic finance product with the launch of Sharia Earn, a staking service certified as…
Hong Kong Launches Global Innovation Network to Boost University-Led Tech Collaboration
The Hong Kong Science and Technology Parks Corporation (HKSTP) has launched a new international initiative to foster deeper collaboration between universities and…
Edtech Startup Mattilda Selects Gr4vy Payment Orchestration Platform to Power Transition Into Payfac
Mattilda, a Mexico City-based fintech and edtech startup focused on automating school fee collection, has selected Gr4vy, a cloud-based payment orchestration…
Digital-First Options See Growth in Entrepreneurialism Amidst Bank Branche Closures, Says Lightyear
Although bank branches are closing at an alarming rate in the UK, entrepreneurialism remains at a healthy level, according to…
UK Crypto App Ziglu Enters Special Administration After Failing to Recover From Big Losses
Ziglu, a digital finance platform authorised by the Financial Conduct Authority (FCA) to issue electronic money and provide payment services in the…
Crypto.com Explores Introducing Crypto Payments at Dubai Duty Free Locations
Cryptocurrency service provider Crypto.com has signed a memorandum of understanding with Dubai Duty Free, a retailer operating in Dubai International Airport,…
G-Knot Prepares Launch of Biometric Crypto Wallet Backed by Finger Vein Authentication
G-Knot is preparing to launch a flagship crypto wallet that uses finger vein biometrics for authentication, a move the company says…
Women’s Wellbeing Disproportionately Impacted by Financial Wellbeing Gender Gap, Warns nudge
Women are also significantly more likely than men to report poor financial health (25 per cent vs 18 per cent),…
Finmo Secures UK EMI Licence and Plans to Scale Embedded Finance Solutions
UK regulator, the Financial Conduct Authority (FCA), has approved fintech Finmo to operate as an Authorised Electronic Money Institution (EMI), enabling it to offer…
Nawy Acquires Majority Stake in SmartCrowd to Expand into GCC PropTech Market
Africa’s largest proptech company Nawy has made its first move into the Gulf region by acquiring a majority stake in Dubai-based SmartCrowd, a…
Amazon Payment Services Improves BNPL Offering for Merchants in MENA With Tamara Partnership
Customers in the Middle East and North Africa (MENA) are increasingly demanding payment methods that deliver both flexibility and transparency.…
FCA closes over 1,600 websites suspected of promoting financial services without permission
Over 2024, the regulator adds that it also “collaborated with big tech platforms, resulting in over 50 apps being removed…
Clarity AI acquires Ecolytiq to expand climate engagement offering
Ecolytiq partner Visa has also become an investor and strategic partner of Clarity AI as part of the acquisition. Sustainable…
Fixed income fintech Moment raises $36m Series B
The New York-based start-up plans to use the funding to expand its team and secure additional industry partnerships. Fixed income…
Vocalink fined £11.9m by Bank of England
The Bank of England says it has fined the paytech “in respect of a compliance failure under section 196 of…
US brokerage platform Alpaca to acquire WealthKernel for European expansion
US brokerage platform Alpaca is expanding into the UK and EU markets through the acquisition of digital investment infrastructure provider WealthKernel. Based…
Commonwealth Credit Union selects Lumin Digital as new digital banking provider
Lumin says its tech will allow Commonwealth Credit Union members to benefit from “an always-on personalised digital banking experience”. Commonwealth…
FV Bank Rolls Out Virtual Account Identifiers to Automate Payment Attribution
FV Bank, a US-licensed digital bank serving small and medium-sized enterprises, has launched a new Virtual Account feature to tackle a…
Travel Providers Need to Prepare for Spike in Payment Disputes, Warns Chargebacks911
With the global travel industry entering peak summer season, Chargebacks911, the dispute resolution and chargeback prevention company, has urged travel providers…
Real-Time Payments Demand Real-Time Fees, Says RS2 Whitepaper
As real-time payments take off, set to make up one in three transactions worldwide by 2030, a new whitepaper from RS2, a…