FinTechUpdate

PayPal Scam Exploits Subscriptions for Phishing Emails
The Stealthy Scam Lurking in Your PayPal Inbox: Subscriptions Turned into Phishing Weapons In the ever-evolving world of cyber threats, a new tactic has emerged that e...
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PayPal Applies for Utah Bank Charter to Expand SMB Loans and Crypto
PayPal's Bold Leap: Chartering a Bank to Empower America's Small Business Backbone PayPal Holdings Inc., the fintech giant long known for revolutionizing online paymen...
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PayPal Applies for Utah Bank Charter to Fund Small Businesses
PayPal's Banking Ambitions: A Fintech Giant's Push to Own the Small Business Loan Game In a move that could reshape how small businesses access capital, PayPal Holding...
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BNY Integrates Google Cloud’s Gemini 3 into Eliza AI for Banking Boost
BNY's Bold Bet on Agentic AI: How Gemini 3 Powers Eliza into Banking's Next Frontier In the fast-evolving world of financial services, where data reigns supreme and ef...
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Hackers Inject Malware into Banking Apps, Fueling Fraud and Device Takeovers
The Invisible Siege: Hackers Rewriting Banking Apps to Steal Fortunes In the ever-evolving world of cybersecurity threats, a disturbing trend has emerged where cybercr...
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Texas Fintech Ransomware Attack Exposes 400K+ Bank Customers’ Data
The Hidden Cracks in Fintech Armor: Marquis's Ransomware Ordeal and the Ripple Effects on U.S. Banking In the quiet corridors of financial technology, where data flows...
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Apple’s Tap to Pay on iPhone Launches in Singapore, Reaches 50 Countries
Apple's Tap to Pay Milestone: Singapore Launch Propels iPhone Payments to Global Dominance Apple Inc. has long positioned the iPhone as more than just a...
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Brussels Draws Battle Lines in Multi-Billion Euro War on Impersonation Fraud
In the high-stakes theater of European financial regulation, a contentious new front has opened between Brussels, the banking sector, and telecommunications operators. At the...
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The Invisible Ledger: How AI and Hyper-Personalization Are Dismantling the 20th Century Bank
The era of the marble-columned fortress is effectively over. For decades, the banking industry operated on a model of imposing physicality and transactional friction, where v...
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Klarna’s Apple Pay Surge: BNPL Expands to Three European Nations in 2025 Push
In a significant move for the buy now, pay later (BNPL) sector, Klarna has extended its integration with Apple Pay to Denmark, Spain, and Sweden, with France slated to follow so...
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JPMorgan’s Data Fees with Plaid Shift Open Banking Power Dynamics
The Data Fortress: JPMorgan's Fee Victory and the New Era of Bank Power In a landmark shift for the financial industry, JPMorgan Chase has emerged victorious in its battl...
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JPMorgan’s Data Fee Triumph: How Banks Are Reclaiming Control in Fintech Wars
In a pivotal shift for the financial industry, JPMorgan Chase & Co. has secured groundbreaking agreements with major fintech data aggregators, ensuring the bank receives compens...
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Samsung’s Bold Bid to Challenge Apple in Financial Services
Samsung Electronics Co. is reportedly in advanced talks with Barclays PLC to launch a co-branded credit card in the U.S., a move that could intensify competition with Apple Inc....
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AI’s Banking Blitz: Frontline Fortunes and Back-Office Bloodbath in 2025
In the rapidly evolving landscape of finance, artificial intelligence is poised to redefine the very structure of banking operations. As we step into 2025, industry veterans and...
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UK’s Urgent AI Skills Overhaul Targets Finance Sector Boom
LONDON—As artificial intelligence reshapes the global economy, the United Kingdom is racing to equip its financial workforce with cutting-edge skills, amid warnings of a widenin...
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