Fintech apps are transforming the way individuals manage their finances by integrating traditional banking and financial services with the convenience of digital-first lifestyles. These applications offer a diverse range of financial services available right at users' fingertips from their
The fintech industry is experiencing a whirlwind of activity as we enter the new year. From unexpected shutdowns and acquisitions to significant funding rounds and legal confrontations, the landscape is rapidly evolving. This article delves into the latest developments, providing a comprehensive
The payments industry is undergoing a rapid transformation, driven by technological advancements, regulatory changes, and evolving consumer expectations. By 2025, the landscape of payments will be significantly different, with new trends and innovations shaping the way transactions are conducted.
MicroStrategy Incorporated (NASDAQ:MSTR) has undergone a remarkable transformation from a business intelligence software company to a significant player in the cryptocurrency market. This shift, primarily driven by its extensive Bitcoin holdings, has resulted in exceptional volatility and
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has been granted new investigative and information-gathering powers under the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (Cth) (the AML/CTF Act). These changes, effective January 7, 2025, significantly
In recent years, the U.S. Federal Deposit Insurance Corporation (FDIC) has taken significant actions regarding banks and their dealings with cryptocurrencies. While advising banks to pause direct involvement in crypto assets in 2022 and 2023, the FDIC did not order them to cease offering services
