January 2025 – Page 41

Synctera Expands into Canada with New BaaS Platform Offering

American Banking-as-a-Service provider Synctera has secured $15 million in funding and has expanded its operations into Canada through a partnership with the National Bank of...

Experian Launches US Fintech Data Network to Combat Fraud

Experian is launching a fintech-focused version of its fraud prevention data network, Hunter, in the US, with several leading firms committing to participate. Hunter is...

Worldline Collaborates with Google on Cloud Initiative

French payments processor Worldline has partnered with Google Cloud to enhance its digital transformation initiatives. Worldline has been progressing on its 'Move to Cloud' journey...

Monnai Secures $6.5M to Empower Fintechs in Leveraging Consumer Data

Monnai, a provider of consumer insights infrastructure for financial institutions, has successfully raised $6.5 million in a Series A funding round, with Tiger Global leading...

Australian Banks Unveil Fraud Reporting Exchange

In an effort to combat authorised push payment scams, Australian banks have introduced a new digital platform for reporting fraudulent payments either in transit or...

Fime Joins Forces with Gallant Capital

Private equity firm Gallant Capital Partners has acquired payments consultancy and testing specialist Fime along with the UL Solutions payments testing business, merging the two...

Regulator Takes Control of Silicon Valley Bank

The California Department of Financial Protection and Innovation has taken possession of Silicon Valley Bank and appointed the FDIC as receiver, citing "inadequate liquidity and...

Scalable Capital Secures €60 Million in Equity Financing

Digital wealth management platform and online broker Scalable Capital has successfully completed a €60 million equity financing round. The funding was led by Balderton Capital,...

Fraudster Behind Spoofing Site Sentenced to 13 Years in Prison

Tejay Fletcher, the mastermind behind an international spoofing operation that allowed criminals to impersonate officials from banks, tax offices, and other institutions, has been sentenced...

EBA Clearing Executes Pan-European Request to Pay Proof of Concept

EBA Clearing has announced that its request to pay (R2P) service is now ready for commercial applications, following a successful pan-European proof-of-concept involving eight payment...