Since Elon Musk’s takeover of Twitter, there’s been a flurry of announcements from the new CEO about the vision he has for the company. Among them, is his plan to add payment and banking services to the platform, which could include high-yield money market accounts, debit cards and peer-to-peer transactions.

Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced that, on December 15th, 2022, it entered into an asset purchase agreement (the “Agreement”) with Huangtong International Co., Ltd.

Verifone, the global FinTech leader and end-to-end payment and commerce solutions provider to the world’s best-known retail brands, major financial institutions, and directly to more than 600,000 merchants alike, today announced the assignment of Ozgur Ozvardar as the head of operations for Turkey. Ozvardar, who had been serving as General Manager and Vice President responsible for the Middle East and North Africa region since 2013, was named to lead Verifone's Turkish operations as of December 8, 2022.

LumiShare, a blockchain-based digital asset management ecosystem, previously known as IllumiShare, raises $3.2 million led by His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi royal family in the early stages of its Abu-Dhabi-licensed $SRG token presale. The money raised will be used to buy gold reserves that will be stored in a safe room at a bank in Abu-Dhabi and in full transparency. 

Larky, a fintech provider helping financial institutions proactively connect with their audience in the right place and at the right time, has appointed fintech sales veteran Bret Taylor as Sales Executive.

The popularity of Forex trading has increased significantly over the last few years. This is mainly due to the fact that it offers traders a way to make money with minimal risk and a high potential return on their investments. Furthermore, technological advancements have also enabled more people to access online platforms for trading which further contributes to its growing popularity among traders worldwide.

We’ve all seen the headlines. That tech is bracing itself for a challenging year. From gaming to green tech, fledging startups to billion-dollar global businesses – it would appear that most tech sectors will feel the pinch of recession.

b-ilty, the illimity Group’s digital bank that provides financial services and credit for small and medium-sized businesses, announces the launch of its green package with favourable terms, loans to support the energy and environmental projects of SMEs. 

It is now more than a year since Atom bank became the largest UK business, and the first bank, to move all employees to a four-day working week, with no change in salary¹. In that time, Atom has seen a significant positive impact on employees, customer service, and operations - as well as hitting a number of significant business milestones during 2022.

Customer metrics at record highs

Flows of funding into insurtech companies reflects wider market trends. Demand amongst investors particularly at early stage remains for now