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January 2025

EU Reaches Landmark Agreement on Instant Payment Solutions

EU Reaches Landmark Agreement on Instant Payment Solutions
The European Council and European Parliament have reached a provisional agreement regarding the mandatory provision of instant credit transfers in euros, along with granting non-bank...
FintechDaily Staff
January 2, 2025

Payments is Set for a Revamp

Payments is Set for a Revamp
Finextra is returning to Stockholm to explore key topics in the Nordic banking sector at the NextGen Nordics 2024 conference on April 23rd. Visa will...
FintechDaily Staff
January 2, 2025

Are Stablecoins Really Stable? The BIS Weighs In

Are Stablecoins Really Stable? The BIS Weighs In
Not a single stablecoin monitored by the Bank for International Settlements has successfully maintained its currency peg, raising critical questions about their effectiveness in the...
FintechDaily Staff
January 2, 2025

SIX Swiss Exchange Restarts Trading After Technical Disruption

SIX Swiss Exchange Restarts Trading After Technical Disruption
SIX Swiss Exchange will resume trading at 14:30 after experiencing technical issues that led to two suspensions of trading in stocks, bonds, and exchange-traded funds....
FintechDaily Staff
January 2, 2025

Barclays Invests in Velotix, a Former Rise Academy Alumnus

Barclays Invests in Velotix, a Former Rise Academy Alumnus
AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures. A former graduate of the Barclays Rise Growth Academy, the New...
FintechDaily Staff
January 2, 2025

Klarna Expands Its Presence in Retail with Adyen Partnership

Klarna Expands Its Presence in Retail with Adyen Partnership
BNPL giant Klarna is ramping up its efforts in the physical retail sector by launching its services on Adyen in-store terminals across Europe, North America,...
FintechDaily Staff
January 2, 2025

Fintech for Charitable Giving, Overflow, Secures $20 Million in Funding

Fintech for Charitable Giving, Overflow, Secures $20 Million in Funding
A church pastor has successfully raised $20 million for his startup, Overflow, which aims to simplify charitable giving. The Series B funding round was led...
FintechDaily Staff
January 2, 2025

Lanistar Appoints Former Minister Williamson to Advisory Board; Ends Partnership with Modulr

Lanistar Appoints Former Minister Williamson to Advisory Board; Ends Partnership with Modulr
Former UK government minister Gavin Williamson has been approved to join the advisory board of fintech company Lanistar, receiving compensation in shares for his role....
FintechDaily Staff
January 2, 2025

Bitwise Addresses Fraud Allegations Against Company with Similar Name

Bitwise Addresses Fraud Allegations Against Company with Similar Name
Bitwise Asset Management has clarified its position in response to charges brought by the SEC and the U.S. Department of Justice against the former CEOs...
FintechDaily Staff
January 2, 2025

BlackRock Enhances Crypto Strategy by Applying for Ethereum ETF

BlackRock Enhances Crypto Strategy by Applying for Ethereum ETF
In a recent filing with Nasdaq, the world's largest asset manager announced plans to establish an ETF that will hold Ethereum’s ether token (ETH), further...
FintechDaily Staff
January 2, 2025

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