Integrating fintech solutions with traditional banking, this neo-banking ecosystem offers seamless fiat and crypto transactions alongside innovative investment opportunities.
Fintech News
Fintech is an industry composed of companies that compete with traditional financial institutions by implementing new, innovative technologies into their working process. The cryptocurrency Fintech sector has been exploring the use of blockchain and blockchain-based applications as a new technology to challenge traditional ways of doing business. Blockchain, smart contracts and cybersecurity are some of the most actively researched areas of Fintech. Crypto Fintech sees cryptocurrencies as a means of establishing a secure and traceable way of transferring assets and getting rid of intermediaries. However, blockchain is not only suitable for regular transactions, but may help in such fields as voting and dividends management by establishing a trusted and immutable network with unchangeable records about past events.
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The United States was reportedly the only country to show gains for Q1 2024 investments in fintech.
9661Crypto startups often fail in droves, with some estimates claiming upward of 95% go out of business, but it’s not always clear why.
882After reviewing some of its crypto services over the past months, London fintech firm Revolut announces direct purchases through MetaMask.
4741Crypto laundering has decreased overall, although sophisticated crypto criminals such as the Lazarus Group are shifting from mixers to cross-chain bridges.
1415A Web3 financial platform wants to catalyze crypto use by integrating traditional banking features like IBAN accounts and Visa cards.
11980According to tech and crypto CEOs, Crypto had been relegated to the ‘back of the bus’ at the 2023 edition of Web Summit despite impending ETF news.
1897The latest initiatives by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets.
7223Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program.
14988Buffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year.
13435Sixteen startups selected from over 1000 applications will present their projects to a global audience.
5318Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.
2531Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year.
3637The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
1889In the competitive fintech landscape, crypto startups and traditional financial giants are exploring ways to collaborate and integrate.
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