January 2025 – Page 21

Cybercriminals Have Found a Way to Disrupt Contactless Payments

Prilex, initially designed to compromise ATMs, has evolved to target Point-of-Sales (PoS) systems, and recent findings by Kaspersky reveal that this malware now has the...

Stripe Appoints Louise Smith to UK Board of Directors

UK Fintech Envoy and chair of Innovate Finance has been appointed chair of the board of directors for Stripe Payments UK Limited. Stripe's presence in...

Trump Directs Review of National Cryptocurrency Reserves; Bans CBDC Initiatives

President Donald Trump has initiated a working group focused on digital assets to explore the development of a federal regulatory framework for cryptocurrency and assess...

Australia Requires BNPL Providers to Obtain Credit Licenses

Buy now, pay later (BNPL) providers in Australia are being urged to apply for credit licenses as new regulations will come into effect in June....

Teen-Centric Investment App Tendy Partners with WealthKernel for Enhanced Technology

A new educational investment platform for UK teens, called tendy, is partnering with WealthKernel to enhance its investing services. Scheduled to launch next year, the...

Justt Secures $30 Million in Funding for Chargeback Platform

Chargeback management firm Justt has secured a $30 million Series C funding round aimed at supporting its global expansion plans. The funding was led by...

Pathzero Secures A$8.6 Million for Emissions Financing Solution

Pathzero, an Australian company focused on measuring and managing financed emissions, has successfully raised AU$8.6 million in a Series A+ funding round. This brings the...

PalmPay and Jumia Collaborate to Enhance Nigeria’s Digital Payment Ecosystem

In a significant move to promote cashless transactions in Nigeria, PalmPay, the country’s most popular mobile wallet, has partnered with Jumia, a leading e-commerce platform...

Family Finance Startup Bling Raises €3.5 Million in Seed Funding

Bling Europe, a pocket money card and financial education app for children, has successfully raised €3.5 million in seed funding just six months after its...

Overcoming Fraud Concerns in Instant Payments: A Call for Progress from the US Faster Payments Council

A key conflict that will significantly influence fintech developments in 2025 is the evolution of instant payments and the concurrent rise in fraudulent activities. Reed...