Fintech

The financial industry is evolving at lightning speed. Traditional banks, once the only gatekeepers of money, now share

Paytm has received approval from India’s central bank to resume onboarding new online merchants and offer its digital payment services.

Insights from Daniil Mazepin At Meta, a single system update might involve hundreds of engineers and millions of

When Parthi Duraisamy was a consultant at McKinsey’s Dubai office, he discovered that the American Express cards his company relied on for corporate expenses were rarely accepted in the Middle East. This forced Duraisamy to cover significant travel expenses out of pocket and file endless expense reports. “It was a constant pain,” Duraisamy explained on […]

arXiv:2507.19976v1 Announce Type: new Abstract: Fintech provides technological services to increase operational efficiency in financial institutions, but traditional perimeter-based defense mechanisms are insufficient against evolving cyber threats like insider attacks, malware intrusions, and Advanced Persistent Threats (APTs). These vulnerabilities expose Fintech organizations to significant risks, including financial losses and data breaches. To address these challenges, this paper proposes a blockchain-integrated Zero Trust framework, adhering to the principle of "Never Trust, Always Verify." The framework uses Ethereum smart contracts to enforce Multi Factor Authentication (MFA), Role-Based Access Control (RBAC), and Just-In-Time (JIT) access privileges, effectively mitigating credential theft and insider threats, the effect of malware and APT attacks. The proposed solution transforms blockchain into a Policy Engine (PE) and Policy Enforcement Point (PEP), and policy storage,

JPMorgan says fintech middlemen like Plaid are ‘massively taxing’ its systems with unnecessary pings  CNBCJPMorgan spooks fintechs with plans to charge for access to customer data  Financial TimesWhy JPMorgan Is Hitting Fintechs With Stunning New Fees For Data Access  ForbesTyler Winklevoss Says JPMorgan’s Dimon Paused Onboarding Gemini Over Criticism  BloombergJPMorgan allegedly pauses Gemini onboarding after Winklevoss broadside, reigniting ‘Choke Point 2.0’ feud  Yahoo Finance

JPMorgan says fintech middlemen like Plaid are ‘massively taxing’ its systems with unnecessary pings  CNBCJPMorgan spooks fintechs with plans to charge for access to customer data  Financial TimesWhy JPMorgan Is Hitting Fintechs With Stunning New Fees For Data Access  ForbesTyler Winklevoss Says JPMorgan’s Dimon Paused Onboarding Gemini Over Criticism  BloombergJPMorgan allegedly pauses Gemini onboarding after Winklevoss broadside, reigniting ‘Choke Point 2.0’ feud  Yahoo Finance

JPMorgan, the biggest U.S. bank by assets, is preparing to charge fintech middlemen like Plaid and MX new fees for access to customer data.

arXiv:2507.14007v1 Announce Type: new Abstract: The rapid integration of blockchain, cryptocurrency, and Web3 technologies into digital banks and fintech operations has created an integrated environment blending traditional financial systems with decentralised elements. This paper introduces the CryptoNeo Threat Modelling Framework (CNTMF), a proposed framework designed to address the risks in these ecosystems, such as oracle manipulation and cross-chain exploits. CNTMF represents a proposed extension of established methodologies like STRIDE, OWASP Top 10, NIST frameworks, LINDDUN, and PASTA, while incorporating tailored components including Hybrid Layer Analysis, the CRYPTOQ mnemonic for cryptocurrency-specific risks, and an AI-Augmented Feedback Loop. Drawing on real-world data from 2025 incidents, CNTMF supports data-driven mitigation to reduce losses, which totalled approximately $2.47 billion in the first half of 2025 across 344 security events (CertiK via GlobeNewswire, 2025;

The Korean art market continues to grapple with structural challenges stemming from information asymmetry and a lack of price transparency, as details regarding transaction parties and prices are rarely disclosed. Nevertheless, artworks are increasingly being recognized not only as objects of appreciation but also as assets used for inheritance, donations and investment. In line with this shift, the market has shown rapid growth. According to the report published by the Korea Arts Management Service, the total transaction volume of the domestic art market surged from 329 billion won ($238 million) in 2021 to 922.3 billion won in 2022, nearly a threefold increase in just one year. Regulatory changes are also underway. The Art Promotion Act, which took effect in July 2024, requires more systematic management and greater transparency in the operation of artworks, particularly within public institutions. As a result, demand is growing for tools that enable objective, data-driven valuation

arXiv:2507.12835v1 Announce Type: new Abstract: Financial trading environments are characterized by high volatility, numerous macroeconomic signals, and dynamically shifting market regimes, where traditional reinforcement learning methods often fail to deliver breakthrough performance. In this study, we design a reinforcement learning framework tailored for financial systems by integrating quantum circuits. We compare (1) the performance of classical A3C versus quantum A3C algorithms, and (2) the impact of incorporating LSTM-based predictions of the following week's economic trends on learning outcomes. The experimental framework adopts a custom Gymnasium-compatible trading environment, simulating discrete trading actions and evaluating rewards based on portfolio feedback. Experimental results show that quantum models - especially when combined with predictive signals - demonstrate superior performance and stability under noisy financial conditions, even with shallow quantum circuit

Spurred by the performance of its first fund, Cambrian Ventures' $20 million second fund will continue the firm's thesis of focusing on fintech startups.

JPMorgan Chase is a juggernaut in the global payments industry, helping move nearly $10 trillion daily, so it makes sense that they would explore stablecoins.

Fintech stocks bounced back Monday as analysts downplayed the potential impact of JPMorgan's reported plan to charge for bank data access.

Fintech stocks bounced back Monday as analysts downplayed the potential impact of JPMorgan's reported plan to charge for bank data access.

A message popped up at 12:04 a.m. on May 8, 2020. Wang Sang-ho, a team member at Toss, shared news about how the public certificate system was causing issues with the government's COVID-19 emergency relief fund inquiry service. "How about we give it a try?" the members said. By 2:30 p.m., they had formed a task force team. Only three days remained until the official fund application period began, and it was Friday. Over the weekend, they completed service development, updates and the customer service manual, and the service launched successfully. The CEO wasn’t briefed on the process. Startups can succeed for many reasons, but company culture is often overlooked as a key factor. Toss understands its importance, according to Jeong Hee-yeun, its chief human resources officer. Toss launched in 2015 and quickly revolutionized mobile finance in Korea. It boasts 21 million users as of May, making it the top-ranked service in the finance sector. Now, with expansions into banking, securities,

Competitors to Darragh Buckley's Increase are so nervous about his ambitions to "own" a bank, someone has been trying to stop him.

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.

Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license it obtained in 2018.

Klarna and Bolt announced a partnership Monday, which will see Klarna’s payment options integrated into Bolt’s checkout operating system. This deal means Klarna will show up a buy-now-pay-later choice on Bolt devices. Merchants using Bolt can offer Klarna’s Pay in 4 or monthly financing options to shoppers in physical stores, and shoppers can choose that […]

Гонконгская компания Fusion Factor Fintech решила реорганизовать подконтрольное АО «Киви». Об этом в пресс-службе компании сообщили «Интерфаксу».

Finom, an Amsterdam-based challenger bank for SMBs that claims to have doubled its revenue in 2024, closed a €115 million Series C equity round (around $133 million).

На полях Петербургского международного экономического форума (ПМЭФ-2025) Банк «Кубань Кредит» и АО «ФлексСофт»...

arXiv:2506.15325v1 Announce Type: new Abstract: Advancements in Artificial Intelligence (AI) have significantly transformed the financial industry, enabling the development of more personalised and adaptable financial products and services. This research paper explores various instances where Human-Centred AI (HCAI) has facilitated these advancements, drawing from contemporary studies and industry progress. The paper examines how the application of HCAI-powered data analytics, machine learning, and natural language processing enables financial institutions to gain a deeper understanding of their customers' unique needs, preferences, and behavioural patterns. This, in turn, allows for the creation of tailored financial solutions that address individual consumer requirements, ultimately enhancing overall user experience and satisfaction. Additionally, the study highlights the integration of AI-powered robo-advisory services, which offer customised investment recommendations and

Credit card companies are struggling amid a prolonged industry downturn, company officials said Wednesday. Government-led policies aimed at lowering transaction fees have put mounting pressure on card issuers' profitability, while the rise of online payment platforms is accelerating the reshaping of the payment ecosystem, they said. In addition, the firms' ability to offset losses through lending products such as card loans is weakening due to cardholders' deteriorating financial soundness. These challenges are forcing the companies to undergo structural transformation and business reorganization in order to survive. Since the 2012 revision of the Specialized Credit Finance Business Act, financial authorities have recalculated the appropriate cost of credit card processing fees every three years, based on factors such as risk management, administrative expenses and marketing. These recalculations have consistently led to fee cuts, resulting in a steady decline in the share of merchant

Peter Thiel's Founders Fund leads a fifth round of investment in Ramp that pushes the corporate fintech company's valuation to $16 billion.

It’s been 10 years since Alexa von Tobel sold her financial planning startup Learnvest to Northwestern Mutual for $250 million. Since then, von Tobel became Northwestern Mutual’s first chief digital officer, then chief innovation officer, before launching an early-stage venture firm of her own, Inspired Capital, with former U.S. Secretary of Commerce Penny Pritzker. She’s […]

A growing number of commercial lenders are strengthening partnerships with fintech firms and logistics firms in a bid to identify new revenue streams, aided by the new tech industry players’ tailored services, market watchers said Thursday. Also contributing to the appeal are reduced funding costs for the lenders, since low-cost deposits are far cheaper than issuing bonds or rolling out high-interest promotional savings accounts. Many say the new trend will redefine partnership dynamics in the financial industry, long dominated by the view that fintechs and commercial lenders will remain in competition in a rapidly saturating market. According to the financial industry, NH NongHyup Bank recently signed an agreement with Naver Pay, the payment subsidiary of the country’s largest web portal Naver, to create a payment system where customers will be able to use their points or mileages interchangeably. The bank subsidiary of the NongHyup Financial Group seeks market expansion, underpinned

Chime's debut set for Thursday follows recent listings from eToro and Circle, with investors watching closely to gauge broader appetite for fintech offerings.

Chime's debut set for Thursday follows recent listings from eToro and Circle, with investors watching closely to gauge broader appetite for fintech offerings.

After a multi-year IPO freeze, fintech companies like Chime are entering the public market with slashed valuations and tempered expectations.

After a multi-year IPO freeze, fintech companies like Chime are entering the public market with slashed valuations and tempered expectations.

Walmart is using its own fintech firm to provide credit cards after dumping Capital One  CNBCView Full Coverage on Google News

Walmart is using its own fintech firm to provide credit cards after dumping Capital One  CNBCView Full Coverage on Google News

Walmart had leaned on Capital One as exclusive provider of its credit card since 2018, but sued the bank in 2023 so that it could exit the relationship.

PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy […]

"This would allow Wise's shares to trade on both a US stock exchange and the LSE," Wise said Thursday.

"This would allow Wise's shares to trade on both a US stock exchange and the LSE," Wise said Thursday.

As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants […]

Personal finance app Monarch raises $75 million despite 'nuclear winter' for fintech startups  CNBC

Personal finance app Monarch raises $75 million despite 'nuclear winter' for fintech startups  CNBC

Monarch aims to provide an all-in-one mobile app for tracking spending, investments and money goals.

An initial public offering from Chime could help to attract more companies to public markets.

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.

arXiv:2505.06655v1 Announce Type: new Abstract: This study measures the impact of COVID-19 outbreaks on financial technology (FinTech) lending in Indonesia. Using monthly FinTech data published by Financial Services Authority (OJK) over the period 2018M02-2021M04, the article examines the impact of COVID-19 started on March 2020 on FinTech by adopting an interrupted time series (ITS) experiment. The estimation shows that the COVID-19 outbreaks negatively affect changes in FinTech lending level in Indonesia, but the changes in the trend are positive. Moreover, the COVID-19 has been found to have a negative and statistically significant effect on the 90-day success loan settlement rate level. However, COVID-19 has positive and statistically significant effects on the 90-day default rate of loan repayment level. These estimation results recommend that the financial services authority of Indonesia should intensively promote various innovative financial technology (FinTech) lending

Rep. Gerald Connolly, ranking member of the U.S. House Oversight Committee, has initiated an investigation into whether expense management startup Ramp is receiving preferential treatment in its bid for a $25 million government contract. Connolly sent a letter to the General Services Administration (GSA) Acting Administrator, Stephen Ehikian, demanding information and documents related to the […]

arXiv:2505.05920v1 Announce Type: new Abstract: The growing use of machine learning in cloud environments raises critical concerns about data security and privacy, especially in finance. Fully Homomorphic Encryption (FHE) offers a solution by enabling computations on encrypted data, but its high computational cost limits practicality. In this paper, we propose PP-FinTech, a privacy-preserving scheme for financial applications that employs a CKKS-based encrypted soft-margin SVM, enhanced with a hybrid kernel for modeling non-linear patterns and an adaptive thresholding mechanism for robust encrypted classification. Experiments on the Credit Card Approval dataset demonstrate comparable performance to the plaintext models, highlighting PP-FinTech's ability to balance privacy, and efficiency in secure financial ML systems.

Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch. […]

Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the […]

"I think the U.K. will get it right — but there is a risk if you get it wrong that you drive innovation to other markets," Coinbase's U.K. head told CNBC.

"I think the U.K. will get it right — but there is a risk if you get it wrong that you drive innovation to other markets," Coinbase's U.K. head told CNBC.

Fintech stocks moved higher Tuesday following a wave of earnings and analyst calls. Shift4 Payments, Upstart and PayPal each saw gains.

Fintech stocks moved higher Tuesday following a wave of earnings and analyst calls. Shift4 Payments, Upstart and PayPal each saw gains.

SoFi was forced to drop crypto investing in late 2023 as part of becoming a regulated bank.

Most mortgage lenders would rather people didn’t pay off their mortgages early. After all, that’s that’s how they make their money. Indeed, overpayment is positively discouraged and sometimes even penalized. What if there were a solution that solved the technology behind it, alongside the financing arrangements? That’s the idea behind the Sprive fintech app. This […]

The UK fintech sector is on a bit of roll. Allica Bank – a London-based fintech – recently announced it had doubled its profits in 2024, bringing in £29.9 million, while Neobank Revolut announced a £1bn profit in 2024. Companies of this nature continue to spring out of London, a city which has become a fintech global […]

PayPal reports earnings on Tuesday, followed by Block on Thursday and Affirm next week.

PayPal reports earnings on Tuesday, followed by Block on Thursday and Affirm next week.

Flex, a startup that offers personal finance software for business owners, has acquired Maza, a finance app aimed at Spanish speakers in the U.S., for $40 million, the companies told TechCrunch exclusively. At first glance, the pairing may seem a bit curious. Flex’s software and payments infrastructure is to help business owners have a single […]

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.

After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the […]

KakaoBank CEO Yun Ho-young, also known as Daniel Yun, shared the bank’s strategic direction and vision with global fintech leaders at a major conference in Thailand, emphasizing the company’s commitment to becoming a comprehensive financial platform driven by a user-centric approach, officials said Wednesday. As the sole Korean speaker at the three-day Money 20/20 Asia in Bangkok, Yun delivered a keynote address, exploring how artificial intelligence (AI) is set to reshape the future of financial services. “In the AI era, having AI-optimized user interfaces (UI), user experiences (UX) and data is no longer optional but a key determinant of survival. Industrial ecosystems will increasingly center around companies with strong AI capabilities,” Yun said. “However, finance is a sector that cannot be transformed by AI technology alone. Only financial institutions that possess unique data, trust and a user-centric mindset will be able to exert overwhelming influence.” He noted that Korea’s

Another highly-valued startup has just been added to the mix in the ongoing legal drama between Rippling and Deel: U.K. fintech giant Revolut. In his blockbuster affidavit that reads like it’s straight out of a movie, Irish Rippling employee Keith O’Brien claimed that he was paid about $6,000 a month to spy on Rippling. He […]

Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising […]

Fintech stocks slipped as investors refocused on margin risks, lending pressure, and a still-uncertain trade backdrop.

Fintech stocks slipped as investors refocused on margin risks, lending pressure, and a still-uncertain trade backdrop.

Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7. Founded in 2018, the fintech company had raised a total of nearly $81 million in funding from investors such as FTV Capital and Headline. […]

The fintech sector rallied Wednesday following the Trump administration's announcement of a 90-day pause on planned tariffs. 

The fintech sector rallied Wednesday following the Trump administration's announcement of a 90-day pause on planned tariffs. 

Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts and spending trends, has raised $75 million in an all-equity Series B round. The round was led by Prosus at a post-money valuation of $340 million. Rain plans to use the new funds to help it add credit […]

Accounting software startup Pennylane has raised 75 million euros ($83 million) in a new funding round led by Sequoia Capital.

Fintech and credit card stocks were hit particularly hard in the market rout that followed President Trump's tariff announcement.

Fintech and credit card stocks were hit particularly hard in the market rout that followed President Trump's tariff announcement.

Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D […]

Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED in 2007 – declared that […]

Мы решили узнать, чем живет украинский fintech-сектор сегодня, поэтому поговорили с представителями рынка о проблемах, трендах и инновациях. (укр.)

Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital – a $120 million Series B round in 2021 that valued the company at $1.62 […]

arXiv:2503.18675v1 Announce Type: new Abstract: Blockchain is a technological innovation that has the potential to radically change our financial markets by providing an alternative management approach to the "promise market", which is the foundation of our financial systems. Its disruptive potential also extends to corporate finance, where blockchain is beginning to influence valuation methods and capital allocation strategies, offering new perspectives on how companies are assessed and financed. However, for a new financial architecture based on blockchain and advancements in technology -- what is commonly referred to as Fintech -- to replace, in whole or in part, traditional finance, it will need to overcome significant challenges such as regulation, environmental sustainability, its association with illegal activities, and achieving greater efficiency in cryptocurrency markets. For this reason, the future of Fintech is likely to be more conventional -- yet also more transparent,

Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in […]

Seoul Fintech Lab, located in Seoul's Yeouido district, Korea’s financial hub, provides fintech startups with comprehensive support, including office space, tailored acceleration programs and networking opportunities with investors.

Ribbit Capital is raising $500 million for a new fund, an SEC filing seen by TechCrunch has revealed. © 2024 TechCrunch. All rights reserved. For personal use only.

While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams. © 2024 TechCrunch. All rights reserved. For personal use only.

The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public.

Lead Bank CEO Jacqueline Reses says her independent life started at age 14, and she's never looked back, from early days at Goldman Sachs to the top of fintech.

Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ history may have something to do […] © 2024 TechCrunch. All rights reserved. For personal use only.

Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.

Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.

Ryan Breslow is once again the CEO of Bolt, the fintech company told TechCrunch on Wednesday. Bolt shared a communication that recently went out to investors in which Breslow wrote that “following a challenging few years,” he had been reinstated as Bolt’s CEO with “unanimous approval” of the board of the one-click checkout company. Justin […] © 2024 TechCrunch. All rights reserved. For personal use only.

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors. […] © 2024 TechCrunch. All rights reserved. For personal use only.

“Traditional financial institutions do not thrive amidst chaos.”  Fintech NexusThe Plot to Destroy the CFPB  The American ProspectColumn | Consumers need the CFPB. Remember the Great Recession?  The Washington PostWith the Consumer Agency on Pause, Here’s How to Protect Yourself  The New York Times

“Traditional financial institutions do not thrive amidst chaos.”  Fintech NexusThe Plot to Destroy the CFPB  The American ProspectColumn | Consumers need the CFPB. Remember the Great Recession?  The Washington PostWith the Consumer Agency on Pause, Here’s How to Protect Yourself  The New York Times

Fintech stocks plummeted in February, paced by Block's drop, but Stripe's valuation soared to a near-record high in the private market.

Fintech stocks plummeted in February, paced by Block's drop, but Stripe's valuation soared to a near-record high in the private market.

Digital banking services provider Alkami Technology is acquiring Mantl, which has been described as “the Shopify of account opening,” for $400 million. Mantl, founded in 2016 by Nathaniel Harley and Benjamin Conant, developed software to make it easier for people to open accounts digitally at community banks and credit unions. The end goal is that […] © 2024 TechCrunch. All rights reserved. For personal use only.

For the third year in a row, CNBC is working with market research firm Statista to list the world's top financial technology companies.

For the third year in a row, CNBC is working with market research firm Statista to list the world's top financial technology companies.

The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported.  Lawyers reiterated their original claims and defenses from the lawsuit filed by JPMorgan Chase against Javice in December of 2022. The financial services giant alleges that Javice had helped “fake millions of customers in […] © 2024 TechCrunch. All rights reserved. For personal use only.

Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of […] © 2024 TechCrunch. All rights reserved. For personal use only.