January 2025 – Page 15

TSB Urges Meta to Enhance Measures Against Rising Fraud Levels

TSB chief executive Robin Mulloch has reached out to Meta, urging the social media giant to take stronger measures to safeguard consumers against fraud originating...

PayPal Launches New Advertising Platform

PayPal is developing an advertising platform that leverages its extensive customer data to assist merchants in optimizing their ad targeting. The payments giant has brought...

Portrait Analytics Secures $3 Million to Develop Generative AI Investment Research Platform

Portrait Analytics, a startup focused on developing a generative AI research platform for investment analysts, has successfully secured $3 million in pre-seed funding, led by...

Metro Bank’s CFO James Hopkinson Resigns

Metro Bank has announced that CFO James Hopkinson will leave his position after joining in September 2022. According to Reuters, a spokesperson for Metro Bank...

PwC and Capita Secure Contract to Overhaul Action Fraud System

City of London Police have engaged Capita and PwC to take over fraud and cybercrime reporting from the criticized Action Fraud. Action Fraud faced scrutiny...

Interledger Foundation Covers Costs for Fintechs to Develop Global Interoperability Network

The Interledger Foundation is dedicated to establishing an open, interoperable payment network and is now offering funding for fintechs that utilize its protocol to enhance...

UK Payments Startup Ryft Secures FCA Licence

Ryft, a UK startup aiming to replicate Stripe's success, has secured an FCA licence following a £1.2 million seed raise in September. Ryft's platform facilitates...

Puulse Launches Financial Services Platform Tailored for Freelancers

A new app for freelancers, Puulse, has launched in the UK and Europe, offering free advance payments to gig workers facing a productivity slump. Puulse...

BIS and Bank of England Finalize CBDC Initiative

A pilot project involving central bank digital currencies (CBDCs) is being jointly conducted by the Bank of England (BoE) and the Bank of International Settlements...

PayPoint Acquires Stake in Aperidata

British bill payment company PayPoint has invested £1 million in Aperidata, a consumer and business credit reporting and open banking platform. This partnership builds on...