January 21, 2025 – FintechDaily

Swift Applauds Success of CBDC Connector Testing Outcomes

Swift has announced that its recent round of sandbox testing has demonstrated that its central bank digital currency (CBDC) interlinking technology can effectively enable financial...

Samsung Next Makes Investment in Curve

The venture arm of electronics giant Samsung has made a strategic investment in all-in-one card app Curve. Curve has now raised over $250 million in...

Atoa, the open banking payments startup, secures $6.5 million in funding

Atoa Payments, a UK startup leveraging open banking to provide merchants with an alternative to debit card payments, has secured $6.5 million in a seed...

Chase UK to Prohibit Cryptocurrency Transactions

Chase UK has announced a ban on crypto-related transactions through its mobile app in response to rising concerns over fraud. Starting mid-October, customers will be...

Klarna Sells Its Checkout Division

Klarna is selling its online checkout business to a consortium of investors for approximately €485 million to eliminate the conflict of interest arising with partners...

Former Barclays CEO Declares Banks Are Turning into “Museums of Technology”

Ex-Barclays CEO Antony Jenkins has criticized banks as "museums of technology," claiming they have not fully embraced genuine digital transformation and are losing substantial numbers...

Warsaw Stock Exchange Delays System Upgrade

The Warsaw Stock Exchange (GPW) has decided to delay the rollout of its new trading system, GPW WATS, to the end of 2025. This decision...

American Express to Test Biometric Authentication for Online Checkout

American Express is set to pilot facial and fingerprint recognition for user authentication during online checkouts. The biometric capabilities have been integrated into the card...

NatWest Joins Mastercard’s Click to Pay Initiative for Debit Cards

NatWest has officially become the first bank in the UK to offer Mastercard's Click to Pay feature to all its customers. Having been in trial...

US Judge Dismisses $30 Billion Interchange Fee Settlement

A US judge has rejected a $30 billion settlement between Visa, Mastercard, and retailers concerning credit card interchange fees. US District Judge Margo Brodie had...