Closing a Chapter, Igniting a New EraDecember 26, 2024As we celebrate our 500th issue and bid farewell to another transformative year, we want to extend our heartfelt gratitude to you, our loyal readers, for making this journey extraordinary. Over the years, each issue has been a spark—illuminating ideas, connecting innovators, and driving conversations that shape the future of fintech and beyond. This milestone isn’t just a reflection of the past; it’s a launchpad for the future. Starting next year, we’re introducing an exciting new format designed to bring even more value, deeper insights, and richer stories tailored to your needs. Our mission remains the same: to inform, inspire, and equip you with the tools and knowledge to thrive in an ever-evolving world. Thank you for being part of our journey. Here’s to the next 500 sparks—and beyond! Want to shape the future with us? Share your thoughts, ideas, or favorite moments with FinTech Weekly—let’s keep the spark alive together! |
News: Current eyes profitability, VRPs, and who's on Santa's fintech naughty list?Benjamin Ensor and guests recap the year’s final stories, including Current’s fundraise, Tyme's $250M unicorn status, and Visa and Mastercard's global challenges. Also featured: an open banking solution by Eviden, Ordo, and ByzGen, and a playful nod to Santa’s fintech naughty or nice list. |
Strange, but true: 5 outlandish and weird crypto stories of 20242024 saw landmark crypto milestones with Bitcoin and Ether ETFs launching in the U.S. and growing political support. Yet, amidst the triumphs, the industry retained its eccentric charm. This year delivered plenty of bizarre crypto stories that continue to captivate enthusiasts and skeptics alike. |
A running list of BaaS banks hit with consent orders in 2024Federal regulators maintain pressure on banks partnering with fintechs, with enforcement actions focusing on Bank Secrecy Act failures. While action volume has decreased, cases like Axiom Bank’s highlight ongoing compliance challenges in balancing innovation with legal oversight. |
Fintech Enfuce and Alisa Bank Introduce Business Credit Card for SMEs in FinlandFinland’s digital bank Alisa Bank teams up with Enfuce to launch a Visa business credit card for SMEs. This partnership aims to reshape SME banking by providing tailored financial tools, marking Alisa Bank’s continued commitment to transforming the business banking experience in Finland. |
CFPB sues Walmart, fintech partner for illegally opening accountsThe CFPB alleges Walmart and Branch Messenger Inc. compelled Spark drivers to use costly bank accounts under threat of termination. The lawsuit raises questions about consent and transparency in fintech partnerships and corporate practices, spotlighting regulatory scrutiny on worker payments. |
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