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Author: Analyst PayRate42

JPMorgan to Charge Fintechs for Customer Data Access — The Open Banking Backlash Begins

In a move that could reshape the economics of open banking in the U.S., JPMorgan Chase has announced it will begin charging fintechs for access to customer...

OKX Integrates PayPal for Euro Deposits Across Europe — Another Step Toward Seamless Crypto Access

Crypto exchange OKX has announced the integration of PayPal for euro (EUR) deposits, marking a major usability win for European customers. The move enables users in the EU...

Lloyds Bank in Talks to Acquire Curve: Strategic Move or Fintech Signal?

In a potential game-changing deal, Lloyds Banking Group is reportedly in advanced talks to acquire UK-based fintech Curve, according to Sky News via Finextra. The acquisition, still under...

Bilt Soars to $1.075 Billion Valuation — Reinventing Credit Rewards Through Rent

U.S.-based fintech Bilt Rewards has officially reached unicorn status, securing a $1.075 billion valuation after its latest $200 million funding round led by General Catalyst. As Finextra reports, this...

Satoshi Nakamoto Rises to 11th Richest Person — A Billionaire Without a Face

With Bitcoin trading near $70,000, its enigmatic creator, Satoshi Nakamoto, has quietly entered the upper echelons of global wealth. According to a Cointelegraph analysis, the pseudonymous...

Valentin Stalf (N26 CEO) on Pension Reform: A Fintech Perspective on Germany’s Retirement Crisis

n a recent LinkedIn post, N26 co-founder Valentin Stalf called for urgent and systemic reform of Germany’s outdated pension system. His message is clear: simply tweaking the...

UK’s FCA Takes Down 1,600+ Fraudulent Websites

The UK’s Financial Conduct Authority (FCA) has intensified its offensive against financial fraud by shutting down over 1,600 illegal and scam-related websites in the past year....

Malta’s Crypto Licensing Model Sparks MiCA Regulator Alarm: Regulatory Arbitrage in the EU?

Malta, once dubbed the “Blockchain Island,” is under renewed scrutiny after the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA)...

Wise Fined $4.2 Million for AML Deficiencies — Part of a Larger Regulatory Pattern Targeting Fintechs

Wise, the global money transfer platform formerly known as TransferWise, has been fined $4.2 million by the Conference of State Bank Supervisors (CSBS) for anti-money laundering (AML) compliance failures....

Bank of England Fines Vocalink for Compliance Failures: A Wake-Up Call for Critical Payment Infrastructure

Vocalink, the Mastercard-owned entity responsible for powering the UK’s real-time payments infrastructure, has been fined £1.89 million by the Bank of England for failing to meet regulatory requirements...

Ripple Taps BNY Mellon for Stablecoin Custody: Institutional Trust Meets Crypto Ambition

Ripple has selected BNY Mellon as its custody provider for the upcoming Ripple stablecoin, further signaling its intention to enter the tokenized payments race with institutional credibility...

Monzo’s £21M AML Fine: The Systemic Failures Behind the Penalty

Monzo’s £21 million fine from the Financial Conduct Authority (FCA) wasn’t just a penalty — it was a public statement. According to the BBC’s reporting and...

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