January 25, 2025 – FintechDaily

Vulnerabilities in Mobile Banking Apps Leave Customers Open to Fraud

Weak banking security measures are leaving customers dangerously vulnerable to fraud on stolen phones, according to consumer advocacy group Which?. The organization highlighted the case...

Splitit Empowers Banks to Provide In-Checkout Installment Payment Solutions

Card-linked instalment payments platform Splitit has introduced FI-PayLater, designed specifically for banks and card issuers. This new service allows financial institutions to access Splitit's extensive...

Payments Technology Company Pagos Secures $34 Million in Funding

Pagos, a payments intelligence startup founded by former Braintree and PayPal professionals, has successfully secured $34 million in a Series A funding round led by...

Stripe Enables Merchants to Accept Stablecoins

After a six-year hiatus, Stripe is re-entering the crypto space, enabling merchants to accept stablecoins for online payments. Initially, Stripe supported Bitcoin in 2014 but...

Climate Tech Startup Pelt8 Secures Funding

Pelt8, a Swiss climate tech startup focused on assisting businesses with their sustainability reporting, has successfully secured CHF0.5 million in pre-seed financing. Pelt8 provides companies...

UK Government Promises Action Against Text Scammers

The UK government has announced new measures to combat the rising threat of fraud, particularly focusing on "text-scam misery." The plans, which will be presented...

NextGen Nordics 2024: Decoding Request-to-Pay

In a recent panel session focused on the state of Request-to-Pay (RTP) in the Nordics, Gary Wright, head of research at Finextra, engaged with industry...

Fintech Growth Organization CFIT Launched in Leeds

The Centre for Finance, Innovation and Technology (CFIT), a UK organization aimed at addressing barriers hindering fintech growth, has launched a National Hub in Leeds....

Lloyds Partners with PrimaryBid to Link Customers to Capital Markets

Lloyds Banking Group is integrating technology from PrimaryBid to offer retail investors access to public company capital raises, including both equity and debt options. The...

Danish Fintech Ageras Secures €82 Million for Acquisition Ventures

Danish accounting software fintech Ageras is actively pursuing acquisitions following the successful raising of €82 million in funding. The oversubscribed private placement round saw participation...