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Thursday, July 10th, 2025
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2024

Coinbase Contributes $25 Million to Cryptocurrency Super PAC

Coinbase Contributes $25 Million to Cryptocurrency Super PAC
Coinbase has recently joined Ripple in donating $25 million to Fairshake, a federal super political action committee (PAC) supporting pro-crypto candidates in the upcoming 2024...
FintechDaily Staff
December 19, 2024

Ethos Collaborates with Thought Machine for Shariah-Compliant Banking Solutions

Ethos Collaborates with Thought Machine for Shariah-Compliant Banking Solutions
A new digital financial services provider, Ethos, has launched in the UK to offer Shariah-compliant services for Muslims. Ethos is utilizing cloud-based core banking technology...
FintechDaily Staff
December 19, 2024

Eurex Clearing Concludes DLT-Based Cash Settlement Trials in Collaboration with Banque de France

Eurex Clearing Concludes DLT-Based Cash Settlement Trials in Collaboration with Banque de France
Eurex Clearing has successfully tested the settlement of cash over a distributed ledger operated by the Banque de France. These tests are part of the...
FintechDaily Staff
December 19, 2024

Americans Suffered $5.6 Billion in Crypto-Related Fraud in 2023

Americans Suffered $5.6 Billion in Crypto-Related Fraud in 2023
Americans lost over $5.6 billion to cryptocurrency-related fraud scams in 2023, marking a 45% increase from the previous year, according to the FBI. Although the...
FintechDaily Staff
December 19, 2024

OCBC Introduces P2P Pay-to-Wallet Service for International Remittances

OCBC Introduces P2P Pay-to-Wallet Service for International Remittances
OCBC has become the first mobile banking app in the Asia Pacific to utilize Visa Direct, allowing customers to send near-instant peer-to-peer transfers to Weixin...
FintechDaily Staff
December 19, 2024

UK Fintech Investment Plummets 37% in First Half of 2024

UK Fintech Investment Plummets 37% in First Half of 2024
The decline in fintech investment continues into the first half of 2024, but signs suggest it may be stabilizing, according to new data from Innovate...
FintechDaily Staff
December 19, 2024

Equals Money and Zūm Rails Enter the BaaS Space

Equals Money and Zūm Rails Enter the BaaS Space
Equals Money, a provider of payment solutions for corporate expenses, has introduced a Banking-as-a-Service (BaaS) product that enables businesses to offer their own digital payment...
FintechDaily Staff
December 18, 2024

Payment Identity Network iPiD Raises $5.3 Million in Funding Round

Payment Identity Network iPiD Raises $5.3 Million in Funding Round
Founded by a team of former Swift executives, iPiD (International Payment Identity) has secured $5.3 million to launch its Confirmation of Payee product across Europe....
FintechDaily Staff
December 18, 2024

CFPB Emphasizes Importance of Startups and Consumers in Open Banking Standard Development

CFPB Emphasizes Importance of Startups and Consumers in Open Banking Standard Development
The Consumer Financial Protection Bureau (CFPB) has made significant strides to promote open banking in the U.S. by finalizing a rule aimed at recognizing data-sharing...
FintechDaily Staff
December 18, 2024

Australia Implements New BNPL Regulations

Australia Implements New BNPL Regulations
Australia's government is preparing to introduce legislation requiring buy now, pay later (BNPL) providers to conduct basic credit checks on new customers. Recent trends show...
FintechDaily Staff
December 18, 2024

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