Fintechs news and trends

42% of Suspicious Banking Activity Linked to Identity Fraud
Identity theft // April 18, 2025

As fraudsters leverage sophisticated tactics, including artificial intelligence (AI)-powered identity manipulation, the FinTech sector finds itself in the crosshairs of an escalating battle against financial crime. This threat landscape is the central focus of the latest edition of the Identity Verification Series, a collaborative report...

Worldpay and FIS Deals Shake Up Merchant Services in Echo of 2019’s M&A
Business // April 17, 2025

In the FinTech space, 2025 is shaping up to feel a bit like 2019. This time around, all eyes are on embedded payments, in a nod to the new ways in which transactions are being woven into the fabric of eCommerce and enterprise business models....

Frozen Funds Still Unresolved as Synapse Bankruptcy Nears Conclusion
Legal // April 14, 2025

The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report with the Central California Bankruptcy Court that laid the ground for dismissal or conversion of...

FinTech IPO Index Surges Nearly 14%, Driven by Crypto and BNPL Momentum
Fintech Investments // April 11, 2025

The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a company whose shares spike more than 820%, that’s enough to move the whole group upward....

Interviews & Exclusives
42% of Suspicious Banking Activity Linked to Identity Fraud

April 18, 2025
As fraudsters leverage sophisticated tactics, including artificial intelligence (AI)-powered identity manipulation, the FinTech sector finds itself in the crosshairs of an escalating battle against financial crime. This threat landscape is the central focus of the latest edition of the Identity Verification Series, a collaborative report by PYMNTS Intelligence and Intellicheck. The report, titled “How FinTechs […]

Frozen Funds Still Unresolved as Synapse Bankruptcy Nears Conclusion

April 14, 2025
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report...

FinTech IPO Index Surges Nearly 14%, Driven by Crypto and BNPL Momentum

April 11, 2025
The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a...

Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears

April 08, 2025
As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a fever pitch. The once-promising but...

Quick Reads
Stablecoin Issuer Tether Says Audit of Reserves Is ‘Top Priority’

March 21, 2025
Stablecoin issuer Tether is reportedly talking with one of the Big Four accounting firms about doing an audit of its reserves. Tether CEO Paolo Ardoino said an audit is “our top priority,” but did not specify which accounting firm the company is talking with or when the audit would be conducted, Reuters reported Friday (March 21). The company […]

Trump Tells Digital Asset Summit Attendees US Will ‘Dominate Crypto’

March 20, 2025
President Donald Trump told a digital asset conference Thursday (March 20) that the United States is going to “dominate crypto and the next generation of financial technologies.” In remarks delivered...

Tala Secures $150 Million Debt Facility to Enhance Lending Capabilities

March 19, 2025
Tala has secured a $150 million debt facility to expand what it calls “the world’s most accessible financial services.” The company will use the proceeds from the facility to support...

Revolut Aims to Pursue Global Growth After Building Out UK Banking Operations

March 18, 2025
After gaining a restricted banking license in the U.K. in July, Revolut is reportedly working to build out its banking operations there, expand globally and then launch an initial public offering...