Daily fintech brief

Fintech Daily

Curated fintech news and company announcements, updated throughout the day.

Latest updates

November 3, 2026

  • Binance issued recovery update #6 on its security incident, announcing that withdrawals have reopened for additional assets as of November 3, 2026. Sources: binance

November 2, 2026

  • Thunes and UnionPay International deepened their strategic alliance and launched high-capacity instant cross-border consumer payouts to UnionPay cards in China's mainland, enabling financial institutions, payment service providers and money transfer operators to route the service. The payout reach covers 79 major Chinese banks with daily limits up to $10,000 USD, with key expansion corridors including Africa and Australia. Sources: thunes
  • In its fifth recovery update following a security incident, Binance said the October 31st Proof of Reserves snapshot is now fully verifiable by users after a zero-knowledge proof was generated. Sources: binance
  • Security experts cited by Bloomberg say North Korean hackers may be using AI to plan and carry out cryptocurrency thefts, pointing to last week's record $6bn theft from Binance as evidence of increasingly complex and precise attacks. Bloomberg notes the AI use itself has not been confirmed. Sources: thenextweb
  • Revolut has been registered as a bank in New Zealand, with the Reserve Bank of New Zealand approving Revolut Bank New Zealand as the country's 27th registered bank. The approval clears the London-based fintech, which has already operated in New Zealand, to expand its financial services there. Sources: thenextweb
  • Binance users have withdrawn nearly $5 billion from the crypto exchange since it reopened after last week's hack, in which North Korea-linked attackers made off with $6.3 billion. Sources: finextra

November 1, 2026

  • Binance announced in its fourth security-incident recovery update that customer withdrawals resumed in phases as of November 1, 2026. Sources: binance

October 31, 2026

  • Wise posted fiscal Q2 2027 net revenue of $739 million, up 21% year-on-year in constant currency and 2% ahead of analyst consensus, driven primarily by net interest income that beat expectations on gross yield and customer balances. Total payment volume grew 22% year-on-year to $72 billion, while active customers reached 12.5 million, up 20% year-on-year. Sources: thefintechtimes
  • Binance reported in its third recovery update that 90% of the assets stolen in a security incident have been replenished, and provided a Proof of Reserves snapshot. Sources: binance

October 30, 2026

  • Binance published a security incident update on its official support portal, notifying users of the incident and its response. Sources: binance
  • Payments technology firm ACI Worldwide and Circle, the issuer of USDC through its regulated entities, announced a collaboration to demonstrate how stablecoin settlement can be integrated into existing banking and payment infrastructure. Sources: finextra
  • A Finextra community member blog post examines self-custody and who can freeze users' money in the wake of the Binance hack. Sources: finextra
  • Nium and small-business banking platform Relay have processed over $500 million in cross-border payments in the first year of their partnership, announced at Money20/20 USA on 19 October 2026. Nium's rails currently serve more than 500 Relay customers, mostly SMBs, who can collect, convert, send and spend funds internationally across 153 countries. Sources: thefintechtimes
  • North Korean hackers stole $6.3 billion in crypto assets from Binance, the world's largest crypto exchange, in what is described as the world's largest crypto heist. The audacious attack is seen as a blow that could undermine confidence in the digital assets market. Sources: finextra
  • Binance published Security Incident Update #2 on October 30, 2026, providing its latest information on an ongoing security incident at the exchange. Sources: binance

October 29, 2026

  • British digital bank Monzo has officially launched in Spain, marking its first move into continental Europe and making its digital banking service available to customers there. Sources: finextra
  • Commodities trading went live on Kraken Prop on October 29, 2026, adding gold, silver, WTI and Brent oil, copper, and natural gas markets alongside its existing offerings. Commission on all non-crypto markets was halved from 4bps to 2bps per side on plans other than Lite, and gold offers up to 5x leverage with a $500,000 notional cap. Sources: kraken
  • Remittance firm TransferGo and UNITED24, the Ukrainian government's official fundraising platform, have launched the named co-branded campaign "Transfers That Unite", under which TransferGo will contribute an additional 0.2% of every transfer sent to a Ukrainian IBAN, at no extra cost to senders, until 29 October 2026. The contributions fund UNITED24's Education and Science programme for Ukrainian students, and the initiative was marked at TransferGo's BigThings 2.0 event in Warsaw on 10 October, which drew nearly 150 attendees including over 100 Ukrainian content creators based in Poland. Sources: thefintechtimes

October 28, 2026

  • European fintech Zen.com has enabled Pay by Bank experiences through Mastercard Open Finance, now supporting merchant payment acceptance and digital wallet top-ups across nine European markets. The rollout spans Germany, Austria, Spain, Belgium, the Netherlands, Italy, Portugal, Ireland and Lithuania. Sources: finextra
  • MoneyGram has selected AiPrise to support compliance and fraud prevention operations across its global payments network, AiPrise announced. Sources: finextra
  • Circle and identity infrastructure firm Proof unveiled a collaboration at Money20/20 in Las Vegas, demonstrating a single agent-initiated transaction that combines verified legal identity with stablecoin payments. Proof's x401 protocol, published in June 2026 and moved into production the week before the demo, addresses merchants' lack of a reliable way to know who authorised an AI-agent purchase. Sources: thefintechtimes

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