December 2024 – FintechDaily

Theia Insights Secures $6.5 Million to Introduce AI to the Investment Sector

A former Amazon Alexa scientist has secured $6.5 million for a startup aiming to introduce foundational AI to the global investment community. Unusual Ventures led...

Finextra’s Leading Research Reports of 2023

As 2023 comes to a close, we reflect on our most downloaded whitepapers, sentiment papers, and surveys from the past year. These reports, led by...

Santander Alerts Customers to Beware of Facebook Marketplace Scam Evasion Tactics

Santander has observed that some customers are finding ways around new measures aimed at preventing bank transfers for Facebook Marketplace payments when a customer has...

Circle Achieves Regulatory Registration in France

USD Coin issuer Circle has secured conditional Digital Asset Service Provider registration from French authorities and appointed Coralie Billmann, a veteran from JP Morgan and...

Mastercard Aims to Enhance Real-Time Card Payments in South Africa

South Africa is poised to be the first country to benefit from Mastercard's initiative to introduce real-time card payments. The company is launching new "standards...

Climate Fintechs Outperform Peers in Securing Venture Capital Funding

Climate-related startups are thriving despite the broader downturn in fintech funding, with Europe taking the lead, as highlighted in new data from CommerzVentures, the venture...

Citi Ventures Backs Capstack, a Bank-to-Bank Loan Marketplace

Capstack Technologies, a bank-to-bank marketplace aimed at reducing asset risk, has received a strategic investment from Citi Ventures. The specific amount of the investment has...

ECB to Conduct Its First Cyber Resilience Stress Tests

The European Central Bank is set to conduct its inaugural thematic stress tests focused on cyber resilience to evaluate how effectively individual banks can respond...

State Street Chooses Taurus to Expand Its Digital Asset Business

State Street is set to enhance its digital assets business by introducing tokenization and digital custody services through a partnership with infrastructure provider Taurus. This...

CFIT Initiates Coalition to Combat Economic Crime via Verification Efforts

The UK Centre for Finance, Innovation and Technology (CFIT) has formed an industry coalition aimed at combating economic crime through improved verification practices. This coalition...