January 2025 – Page 5

Institutional Investors Support Digital Asset Clearing House ClearToken

ClearToken, a London-based clearing house focused on global digital assets, has successfully raised $10 million in funding from notable participants including Laser Digital, the digital...

Cleafy, a Firm Specializing in Digital Banking Fraud Prevention, Secures €10 Million in Funding

Cleafy, an Italian provider of fraud prevention technology for digital banking, has raised €10 million in funding led by United Ventures through the fund UV...

Vipps MobilePay Introduces Peer-to-Peer Payments Across Denmark, Norway, and Finland

Millions of Vipps and MobilePay users can now send person-to-person payments between Denmark, Norway, and Finland using just a phone number. This new service allows...

HSBC to Expand SVB’s Global Footprint

The afternoon sessions of Money20/20 commenced with a fireside chat featuring Ian Stuart, CEO of HSBC UK, and Arjun Kharpal, a senior technology reporter at...

Eric Schmidt Backs Cross-Border Payments Platform Keeta with Investment

Cross-border payments startup Keeta has launched with $17 million in funding from investors, including former Google CEO Eric Schmidt. Powered by proprietary ledger technology capable...

Silverbird Enters Special Administration Status

Silverbird, a digital payments platform for international trade, has officially entered special administration as confirmed by the Financial Conduct Authority (FCA). The company entered this...

UK Banks Abandon the Metaverse

The number of UK banks investing in technologies such as virtual reality (VR) and augmented reality (AR) is declining as interest in the Metaverse diminishes....

UK BaaS Bank Griffin Secures $13.5 Million in Funding

Newly licensed UK bank Griffin has successfully raised $13.5 million in a Series A funding round led by MassMutual Ventures, with participation from existing investors...

Robinhood Launches in the UK

Stock market investment app Robinhood has launched in the UK, commemorated by the installation of an eight-foot-tall statue of Robin Hood, aimed at the Bank...

European Banks Collaborate on Innovative Fraud Prevention Tool for Instant Payments

EBA Clearing has enlisted nine banks from six countries to participate in data model training for a new fraud prevention feature aimed at account-to-account and...