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- 👩💼 New fintech CEO alert
👩💼 New fintech CEO alert
Lindsay Soergel takes over Fintilect!
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
💳 UK regulators vs. Visa & Mastercard: Is a crackdown coming?
👩💼 New fintech CEO alert: Lindsay Soergel takes over Fintilect!
🗣️ What fintech leaders are saying about rising transaction fees.
📅 Must-attend fintech events happening this month!
The UK's Payment Systems Regulator (PSR) is concerned about Visa and Mastercard increasing fees for businesses.
🚨 Breaking News:
The PSR plans to act against Visa and Mastercard for raising fees, costing UK businesses an extra £170 million annually.
⚡ Wire Simplified:
Visa and Mastercard control 95% of UK card payments.
Since 2017, they've increased fees for businesses.
These fee hikes cost UK businesses an extra £170 million each year.
The PSR may introduce measures like fee caps to address this issue.
✔️ Straight to the Point:
The PSR aims to protect UK businesses from rising card fees by considering actions against Visa and Mastercard.
Do you think the PSR's intervention will benefit consumers? |
Fintilect, a UK-based banking tech company, has appointed Lindsay Soergel, formerly of Kasisto, as its new CEO.
🚨 Breaking News:
Lindsay Soergel steps in as Fintilect's CEO, succeeding Rami Cassis, who led the company's recent rebranding.
⚡ Wire Simplified:
Fintilect was previously known as ieDigital.
The company recently rebranded after acquiring Abaka and Connect FSS.
Lindsay Soergel has over 25 years of experience in financial technology.
She previously held leadership roles at Kasisto, Headspace, Equifax, PNC, and NCR.
✔️ Straight to the Point:
With Lindsay Soergel's extensive experience, Fintilect aims to enhance its digital banking solutions and AI-driven services.
🚨 @MistralAI just dropped "Mistral OCR" the most advanced document understanding API yet & world's best OCR model at the moment!
👀 Mistral OCR offers advanced document understanding features, enabling users to analyze, extract, and interpret data from various formats,… x.com/i/web/status/1…
— Anton P. 🇮🇹 (@AntonDVP)
5:11 PM • Mar 6, 2025
The rate of progress in AI must be making it hard to write science fiction right now. To appeal to human readers you want to make humans (or living creatures at least) solve problems, but if you do the shelf life of your story could be short.
— Paul Graham (@paulg)
11:30 AM • Mar 7, 2025
FinTech South 2025
A U.S. Southeast-focused event discussing innovations in payments, banking, and financial services technology.
Date: May 2025 | Location: Atlanta, GA, USA
Nordic FinTech Week 2025
This event connects the Nordic FinTech community, exploring themes such as financial inclusion, digital banking, and AI in finance.
Date: September 2025 | Location: Copenhagen, Denmark
Blockchain Expo Europe 2025
While primarily blockchain-focused, this event includes significant FinTech topics such as digital payments, smart contracts, and decentralized finance.
Date: September 17–18, 2025 | Location: Amsterdam, Netherlands
What do you think about today’s edition? |
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