Fintech banks fight back!

How Block, Affirm & PayPal are redefining online banking.

Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.

What we’ll cover today:

  • The jaw-dropping $1.5B crypto heist and its ripple effects.

  • How Block, Affirm & PayPal are redefining online banking.

  • Fintech leaders’ hot takes on security and innovation.

  • Upcoming fintech events you won’t want to miss!

Block, Affirm and PayPal join forces to revolutionize online banking, making money management simpler for families, teens and seniors globally.

🚨 Breaking News: All three tech giants unveil bold new banking features: seamless payments, budgeting and savings, challenging traditional banks head-on this year.

Wire Simplified

  • Block integrates digital wallets with easy money transfers.

  • Affirm introduces short-term loans and flexible payment plans.

  • PayPal expands services with enhanced budgeting and saving tools.

  • Each company aims to outsmart old-school banks with user-friendly features.

  • Upgrades promise faster, simpler transactions for everyone.

✔️ Straight to the Point
These tech giants prove that online banking is evolving rapidly, promising easier finances and a challenge to old-school banks indeed.

Will these new banking features make managing money easier for you?

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Bybit, a leading crypto exchange, was hit by hackers who stole $1.5 billion in what experts call a massive heist.

🚨 Breaking News: Hackers infiltrated Bybit’s security, stealing $1.5 billion in crypto assets, marking the largest digital currency heist to date in history.

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  • Hackers breached Bybit’s digital vault with advanced techniques.

  • A staggering $1.5 billion in crypto was stolen.

  • Experts label it the biggest crypto heist ever.

  • The breach raises serious concerns over crypto safety.

  • Bybit vows swift, stronger security measures.

✔️ Straight to the Point
The massive heist underscores growing crypto risks, urging exchanges to improve security while investors brace for potential market fallout significantly.

Do you think crypto exchanges are safe enough after this heist?

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Only people who have never built anything serious with LLMs think that better prompts solve hallucinations.

Deep Research feels like the first real look at what happens when AI can do high skill, high quality work for everyone.

I was reluctant to pay $200 / month…but now I feel like I’m being undercharged!

It is leaps and bounds ahead of ChatGPT with Search and everything else.

Fintech Talents North America 2025
Fintech Talents North America is the ultimate FinTech event for credit unions, community banks, financial institutions, and FinTechs from across North America. The event offers networking opportunities, workshops, and discussions on the latest trends in FinTech.
Date: September 2–3, 2025 | Location: New York, NY, USA

24 Fintech 2025
24 Fintech is a global FinTech movement that sets the stage for the next chapter in financial technology. The event brings together industry leaders to discuss the future of FinTech, including topics like digital currencies, AI, and open banking.
Date: September 2025 | Location: Riyadh, Saudi Arabia

Fintech Week London 2025
Fintech Week London is a week-long event that brings together FinTech leaders, startups, and investors to discuss the latest trends and innovations in the industry. The event features conferences, workshops, and networking opportunities.
Date: July 7–11, 2025 | Location: London, UK

Book your seat here

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Fintech Wire News. 

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