FinTech News
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Trump Administration Pursues Aggressive Bitcoin Reserve Strategy as Investor Interest GrowsThe Trump administration announces a significant policy shift toward accumulating Bitcoin reserves through a cost-neutral strategy. Prominent fintech investor Cathie Wood and Ark Invest also recently expanded Bitcoin holdings, reflecting broader institutional optimism toward U.S. cryptocurrency policy.
Friday, March 14th 2025 08:16PM -
SoFi Secures Up to $5 Billion Loan Agreement with Blue Owl CapitalSoFi has finalized an up to $5 billion agreement with Blue Owl Capital to expand its loan platform business. This fintech deal highlights the increasing demand for digital lending solutions and institutional backing of personal loans.
Thursday, March 13th 2025 07:44PM -
Binance Secures Historic $2 Billion Investment from Abu Dhabi’s MGXBinance, the world’s largest cryptocurrency exchange, secures a record $2 billion investment from Abu Dhabi’s MGX, marking a major fintech milestone in blockchain adoption and institutional backing.
Thursday, March 13th 2025 07:12PM -
China’s Manus AI Redefines Automation with Full AutonomyChinese AI startup Monica.im has introduced Manus, the world’s first fully autonomous AI agent. Unlike traditional AI systems that require step-by-step guidance, Manus can initiate and execute complex tasks independently. This breakthrough in artificial intelligence is set to transform industries reliant on data processing and decision-making.
Tuesday, March 11th 2025 08:10PM -
Manus AI Partners with Alibaba's Qwen: A New Chapter in Autonomous AI for Global BusinessesManus AI, a Chinese startup, has collaborated with Alibaba's Qwen team to enhance its fully autonomous AI agent, Manus. This partnership aims to integrate Manus' capabilities with Qwen's open-source models, potentially transforming business operations across various sectors.
Tuesday, March 11th 2025 06:56PM -
Banks and Fintech Companies Rush to Issue Stablecoins Amid Regulatory ShiftMajor financial institutions and fintech companies like Bank of America, Stripe, and PayPal are aggressively entering the stablecoin market, anticipating significant changes in cross-border payments influenced by cryptocurrencies and regulatory acceptance.
Monday, March 10th 2025 08:44PM -
FinTech Weekly Celebrates International Women’s Day with Exclusive Interviews Featuring Women Fintech LeadersFinTech Weekly launches a special initiative for International Women’s Day, featuring a series of interviews with leading women in fintech. These conversations spotlight their experiences, challenges, and perspectives on inclusivity in the industry.
Saturday, March 8th 2025 10:21AM -
Trump Establishes Strategic Bitcoin Reserve in Landmark Executive OrderPresident Donald Trump has signed an executive order creating a Strategic Bitcoin Reserve, positioning the U.S. as a key player in the digital asset space. The reserve will be funded with Bitcoin seized in criminal cases, with no cost to taxpayers. The order also establishes a Digital Asset Stockpile for other cryptocurrencies. This move signals a shift in U.S. policy towards recognizing Bitcoin as a strategic asset.
Friday, March 7th 2025 07:43PM -
Aspiration Co-Founder Joseph Sanberg Arrested for Alleged $145 Million Investor FraudJoseph Sanberg, co-founder of Aspiration Partners Inc., was arrested on federal charges alleging a conspiracy to defraud investors of at least $145 million. The case also involves his associate, Ibrahim Ameen AlHusseini, who has pleaded guilty to wire fraud.
Thursday, March 6th 2025 06:33PM -
Russia’s Shifting Stance on Crypto Reserves: From Bitcoin to Gold and YuanRussia’s approach to national reserves has evolved over recent months, moving from discussions about Bitcoin to reaffirming gold and yuan as the backbone of its sovereign wealth fund. This shift reflects geopolitical realities, economic strategies, and the broader reconfiguration of financial alliances.
Wednesday, March 5th 2025 03:22PM -
Trump's Crypto Reserve Plan Sparks Market Surge and Political DebatePresident Donald Trump’s announcement of a U.S. crypto reserve sent digital asset prices soaring, but questions remain about its feasibility. While supporters see it as a move toward financial innovation, skeptics argue it lacks congressional backing and exposes taxpayer funds to risk.
Tuesday, March 4th 2025 06:12PM -
The Sustainability Debate: What Smart Businesses Are Paying Attention To - FTW Sunday EditorialWith Gen Z’s rising purchasing power and ESG-driven investments surging, the market is already deciding. Here’s what smart businesses are paying attention to.
Sunday, March 2nd 2025 09:44PM -
EU's Rollback of Sustainability Reporting Rules Sparks Investment ConcernsThe European Commission's recent decision to significantly reduce corporate sustainability reporting requirements has ignited a debate among investors and environmental advocates. While the move aims to alleviate administrative burdens on businesses, critics argue it could undermine the European Union's climate objectives and hinder informed investment decisions.
Saturday, March 1st 2025 07:21PM -
OpenAI Launches ChatGPT-4.5: A Breakthrough in AI ConversationOpenAI has introduced ChatGPT-4.5, a powerful new AI model designed to enhance conversational intelligence, improve factual accuracy, and reduce hallucinations. The model is now available for ChatGPT Pro users, with wider access rolling out soon. OpenAI touts it as its most emotionally intelligent AI yet, making it ideal for writing, programming, and problem-solving. However, its high computational demands make it costly to operate.
Friday, February 28th 2025 08:42PM -
Stripe Valued at $91.5 Billion in Tender Offer, Holds Off on IPO PlansStripe has reached a $91.5 billion valuation through a tender offer for employees and investors, bringing it close to its 2021 peak of $95 billion. Despite financial strength, the company has no immediate IPO plans, citing long-term growth priorities. Stripe credits AI-driven innovation and stablecoin adoption for its rising valuation, with $1.4 trillion in total payments processed in 2024.
Thursday, February 27th 2025 08:19PM -
Employees Who Became Founders: Breaking Free from Tech Giants to Forge New PathsThis article explores how former employees of tech giants like Google, Facebook, and OpenAI have transitioned from structured corporate roles to launch their own successful companies. We highlight the stories of Sridhar Ramaswamy and Mira Murati, examine why many employees leave despite prestigious positions, and analyze what their departures mean for the tech industry.
Tuesday, February 25th 2025 06:11PM -
AI’s Energy Crisis: Tech Giants Turn to Hydrogen and Nuclear Power for Sustainable SolutionsAs the demand for AI data centers surges, tech companies are exploring hydrogen, nuclear, and geothermal energy solutions to combat rising emissions and meet sustainability goals.
Monday, February 24th 2025 08:35PM -
Apple’s $500 Billion U.S. Investment Signals a New Era for American Tech and JobsApple plans to invest $500 billion in the U.S. over the next four years, expanding manufacturing, creating 20,000 jobs, and boosting AI and silicon engineering. The move solidifies Apple’s commitment to American innovation and tech leadership.
Monday, February 24th 2025 07:51PM -
The Fall of Banks? How Fintechs Are Reshaping Finance - FTW Sunday EditorialExplore the evolving battle between traditional banks and challenger banks. Discover how fintech innovation, government reliance, and digital disruption are reshaping the future of global finance.
Sunday, February 23rd 2025 01:00AM -
Hackers Steal Record $1.4 Billion from Bybit in Largest-Ever Crypto HeistIn a historic security breach, hackers have stolen $1.4 billion in Ethereum from the Bybit cryptocurrency exchange. The attack, which targeted an offline cold wallet, marks the largest crypto heist to date. Bybit is investigating the incident and has pledged to cover any losses using its treasury if recovery efforts fail.
Sunday, February 23rd 2025 01:00AM -
OpenAI Shifts Focus Toward SoftBank, Reducing Microsoft Reliance: ReportOpenAI is reportedly increasing its financial ties with SoftBank, reducing its reliance on Microsoft for computing power. The shift comes as SoftBank eyes a significant investment in OpenAI’s ambitious Stargate Project, a major AI infrastructure initiative in the U.S.
Saturday, February 22nd 2025 01:00AM -
Grok-3’s Self-Correction Mechanisms Set a New Standard for AI Fact-CheckingGrok-3, the AI developed under Elon Musk’s X, has demonstrated impressive fact-checking capabilities, powered by advanced self-correction mechanisms. Despite concerns over its data collection practices, Grok-3’s ability to flag misinformation—even from Musk himself—shows its potential to transform content moderation.
Friday, February 21st 2025 01:00AM -
OpenAI Launches SWE-Lancer: A New AI Benchmark for Real-World Freelance CodingOpenAI introduces SWE-Lancer, an AI benchmark testing models on 1,400 real freelance coding tasks from Upwork, exposing their limitations in software development. Open-source tools provide insights into AI's economic impact.
Thursday, February 20th 2025 01:00AM -
Offa Broadens Access to Sharia-Compliant Buy-to-Let FinanceIslamic fintech firm Offa introduces inclusive property financing options for first-time buyers and young investors.
Thursday, February 20th 2025 01:00AM -
Data capture in banking: Navigating the digital revolutionAI-powered data capture is revolutionizing banking, from mobile check deposits to instant customer onboarding. As automation reshapes financial services, banks must navigate the critical balance of innovation and security.
Wednesday, February 19th 2025 01:00AM