fintech
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Revolut Commits S$350 Million to Singapore Expansion with New CBD Headquarters
Fintech giant Revolut will open a new CBD office in Collyer Quay as part of a S$350 million five-year investment to scale its Singapore-based regional operations.
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Elon Musk’s X Money Launch Pushes Social Media Into Banking
Elon Musk’s X platform has launched X Money, combining payments, peer-to-peer transfers, and high-yield savings in a major push into financial services.
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Major Crypto Exchange Expands Beyond Digital Assets into Global Markets
Bybit launched its global campaign, rebranding into a unified financial platform covering crypto, equities, forex, and AI services.
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PhonePe and Visa Unveil Integrated Cardless Payment Suite at GFF 2026
PhonePe and Visa announced a partnership at GFF 2026 to enable cardless payments, cross-border QR transactions, and smartphone-based merchant card acceptance.
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Robinhood Reports Record Revenue as Expansion Strategy Gains Momentum
Robinhood reported record Q2 revenue of $1.3 billion, driven by user growth and new financial products, signaling a shift toward a diversified ecosystem.
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PayPal Faces Margin Squeeze as Take-Rate Decline Offsets Volume Growth
PayPal’s transaction take rate fell to 1.61% in Q2 2026, highlighting margin pressures from Venmo’s growth despite a rumored $53B Stripe buyout offer.
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PhonePe pivots to ‘intent-led’ AI architecture to simplify digital payments
Fintech giant PhonePe is shifting from interface-heavy apps to intent-led AI, aiming to streamline user navigation and automate complex financial workflows.
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Binance Launches Agent OS to Integrate AI-Driven Trading
Binance has launched Agent OS, allowing AI agents to perform spot and futures trading while implementing strict security protocols and user-defined permissions.
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Jeonbuk Bank Adopts Ripple Payments to Modernize Cross-Border Settlements
South Korea’s Jeonbuk Bank is deploying Ripple Payments to provide real-time cross-border settlements, marking a shift for the regional banking sector.
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Fintech Revaluation: Inside PayPal’s Capital Pivot and the Margin Divide Behind Its 2026 Rally
PayPal stock has rallied 51% since February 2026 as management’s profit shift and $1.5 billion cost-cutting plan offset core branded checkout pressures.
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Block Inc. Q2 Earnings Top Estimates as Cash App and Square Volumes Surge
Block Inc. Q2 revenue hit $6.62 billion, beating estimates as Cash App and Square volumes surged, though shares dipped despite strong operational growth.
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Wells Fargo to Launch Tokenized Deposits for Corporate and Commercial Clients
Wells Fargo will introduce tokenized deposits this fall, enabling 24/7 fund settlement for corporate clients, starting with USD-to-GBP transactions.
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Ripple Invests in ZILO and Licuido to Expand Tokenized Asset Infrastructure on XRPL
Ripple invests in ZILO and Licuido to enhance XRPL infrastructure, enabling institutional-grade tokenized asset management and instant collateral utility.
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Chime Faces Dual Pressures of AI-Blamed Layoffs and Cybersecurity Lawsuits Ahead of Q2 Earnings
Fintech giant Chime faces scrutiny over 150 job cuts attributed to AI, alongside class-action lawsuits following a major April outage and alleged data breach.
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MoonPay Launches PayBox to Enable Secure Autonomous Transactions for AI Agents
MoonPay has launched PayBox, a secure payment vault allowing ChatGPT and Claude users to authorize AI agents for autonomous financial transactions.