Dive into the dynamic world of finance with our latest analysis highlights, exploring hot topics from the fintech industry. Ether ETFs approval could drive up the price of Ether by 60%, according to a crypto firm (Quartz) QCP Capital predicts Ether could surge by 60% to $6,000 if the SEC approves spot Ethereum ETFs. The SEC’s decisions on Van Eck’s and Ark 21Shares’ ETF applications are due this week. Approval would be a landmark event for the crypto industry, similar to the boost seen when spot Bitcoin ETFs were approved earlier this year. The DTCC listing of Van Eck’s ETF suggests approval a ..read more

Welcome to our latest Weekly Funding Highlights! In this roundup, we cover developments across the funding landscape, including strategic investments, funding rounds, and innovative initiatives from key players in the industry. Osborne Clarke advises on AI-led fintech Abound’s £800m funding round (Osborne Clarke) Osborne Clarke recently advised Abound, the consumer arm of Fintern Ltd, on its latest financing round totaling up to £800 million, expanding its total funding to £1.3 billion. This funding, one of Europe’s largest this year, combines debt and equity components. The debt financing com ..read more

Stay up to date with the latest news from the Netherlands! Enjoy reading! Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform (Fintech Futures) Bank Muamalat in Malaysia has entered a long-term partnership with Dutch digital banking solutions provider Backbase to develop a digital Islamic banking super-app for its retail customers. This initiative, supported by Mambu’s core banking platform and anchored by Backbase, aims to enhance onboarding, transaction processing, financing, consumer servicing, and engagement. The app is part of Bank Muamalat’s digital tr ..read more

The fintech industry is rapidly evolving and disrupting traditional financial systems. In this article, we bring you the latest research insights to help you stay ahead of the curve and understand the future of financial technology. Enjoy researching! Using Data to Design Your Hybrid Work Policies (Harvard Business Review) Leaders across industries are facing significant challenges in crafting policies that strike a balance between their preference for employees to return to the office and employees’ continued demand for flexibility. Despite extensive efforts and thought leadership, finding so ..read more

Welcome to the latest in fintech news, where cutting-edge technologies and innovative financial solutions converge to reshape the landscape of banking, investing, and payments. Stay tuned as we explore the trends driving the future of finance! XTCC pioneers first Shariah-compliant carbon credit investment ecosystem (Fintech Global) XTCC has introduced the first Shariah-compliant multi-currency asset class for high-integrity carbon credits from projects like renewable energy and nature-based solutions. This new investment option links Islamic finance with global climate action, featuring a stoc ..read more

Welcome to our latest Weekly Funding Highlights! In this roundup, we cover developments across the funding landscape, including strategic investments, funding rounds, and innovative initiatives from key players in the industry. Accel announces new €602.6 million early-stage fund; here’s how it plans to use this capital in Europe (Silicon Canals) Accel, a global venture capital firm, has raised a $650 million fund to support early-stage startups in Europe and Israel, focusing on sectors like cybersecurity, enterprise software, and AI. The fund will enable investments ranging from $1 million to ..read more

Stay up to date with the latest news from the Netherlands! Enjoy reading! Booking.com falls under European tech gatekeeper legislation (Dutch News) Booking.com, an Amsterdam-based hotel booking website, has been designated by the European Commission to fall under the Digital Marketing Act (DMA), a legislative framework aimed at supervising companies with gatekeeper functions. The DMA targets companies operating core platform services like search engines or app stores, with 45 million monthly active users, significant market impact, and a stable market position. The Commission identified Bookin ..read more

The fintech industry is rapidly evolving and disrupting traditional financial systems. In this article, we bring you the latest research insights to help you stay ahead of the curve and understand the future of financial technology. Enjoy researching! Argentina Revealed as the Most Crypto-Friendly Country in CryptoCasinos Research (The Fintech Times) Recent research by CryptoCasinos reveals that Latin American countries, particularly Argentina and Colombia, rank among the top three globally for crypto adoption. The study assessed the percentage of populations holding cryptocurrencies, the cost ..read more

Dive into the dynamic world of finance with our latest analysis highlights, exploring hot topics from the fintech industry. EY: How CIOs Can Build Gen AI at Scale While Managing Risk (Fintech Magazine) David Kadio-Morokro, Americas Financial Services Innovation Leader for EY, shares insights on building Gen AI capabilities at scale while managing risk in the financial services sector. He emphasizes the value of Gen AI across the tech stack, including unstructured data processing, new data storage mechanisms, and large language model (LLM) fine-tuning. However, there are challenges to overcome ..read more

Welcome to the latest in fintech news, where cutting-edge technologies and innovative financial solutions converge to reshape the landscape of banking, investing, and payments. Stay tuned as we explore the trends driving the future of finance! Mastercard starts domestic payments processing in China (FinExtra) Mastercard, in partnership with NetsUnion, has initiated processing of domestic payments in China, marking a significant milestone after years of regulatory hurdles. The joint venture, established in 2015, gained approval in 2020 to set up a domestic bankcard clearing institution. This mo ..read more