December 28, 2024 – FintechDaily

ECB Cautions Banks About Outsourcing Risks

The European Central Bank (ECB) is emphasizing the need for banks to enhance their management of outsourcing risks, particularly regarding the processing of personal data....

Singapore Alerts Banks to Prepare for Cyber Threats Posed by Quantum Computing

The Monetary Authority of Singapore (MAS) has urged financial institutions in the country to prepare for the increasing cybersecurity threats associated with quantum computing. Experts...

ECB Officials Compare Crypto Regulation to Dressing a ‘Naked Emperor’

Senior payments experts at the European Central Bank have characterized the SEC's approval of spot exchange-traded funds (ETFs) for Bitcoin as an illustration of the...

Former N26 Employees Secure €35M for New Embedded Finance Startup

Finmid, a German financial infrastructure provider focused on B2B marketplaces, has officially launched after securing €35 million in early-stage equity funding. Blossom Capital, Earlybird VC,...

Singularity Secures $2.2M to Enable Institutional Access to DeFi

Singularity, a startup focused on creating a protocol that offers compliant and confidential access to decentralized finance (DeFi) for institutions, has successfully secured $2.2 million...

Frankfurt Secures Bid to Host New EU Anti-Money Laundering Agency

Frankfurt has been selected to host the EU's new Anti-Money Laundering Authority (AMLA), surpassing eight other competitors, including Dublin, Madrid, and Paris. Starting next year,...

Camilla Åkerman from NPC on Managing Payment Complexities

NextGen Nordics is set to return to Stockholm on April 23rd, featuring Camilla Åkerman, secretary general of the Nordic Payments Council (NPC), as our keynote...

Texas Blockchain Council Takes on U.S. Department of Energy Over Bitcoin Mining Data

The Texas Blockchain Council (TBC), a non-profit industry association, has filed a lawsuit against the Energy Information Administration (EIA) regarding the collection of data on...

EU Implements Regulations for Instant Payments

The European Council has adopted a regulation that will make instant payments in euros available to consumers and businesses across the EU and EEA countries....

Manchester Digital Unveils Manifesto to Enhance Fintech Growth in the North

Manchester Digital has launched a Manifesto for the Northern Tech Economy ahead of the mayoral elections scheduled for May 2nd. The Manifesto emphasizes the untapped...