2024 – Page 11 – FintechDaily

Fintech Spektr Makes its Debut: A Focus on Due Diligence

Danish startup spektr has successfully secured EUR 5 million in seed funding to enhance its platform designed for assisting financial sector firms with their due...

Napier AI Secures £45 Million in Funding

UK financial crime RegTech Napier AI has secured £45 million in funding from US-based Crestline Investors. Headquartered in London and established in 2015, Napier AI...

Standard Chartered Announces Investment in Ethical Finance Startup Algbra

Standard Chartered's venture arm has invested in Algbra, a UK-based fintech focused on ethical finance and sharia compliance. The terms of the investment were not...

Labour Government Supports New Private Market Initiative

The new Labour Government remains dedicated to advancing the Private Intermittent Securities and Capital Exchange System (Pisces), a specialized regulated market for private company shares....

Wise Reports Potential Impact on Customers from Evolve Bank Hack

Money transfer fintech Wise has informed its customers that they may have been affected by the recent hack at Evolve Bank & Trust. Last week,...

Bank of Kenya Transitions National Payment System to ISO 20022 Standards

Earlier this week, the Bank of Kenya announced the successful migration of the Kenya Electronic Payment and Settlement System (KEPSS) to the ISO20022 Global Messaging...

Report Advocates for Increased Support for Female-Led Fintechs

A recent report reveals key insights for UK startups outside of London, suggesting they should have multiple founders, prioritize gender diversity, and participate in accelerators....

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...