January 2025 – Page 53

UK Banks Anticipate Increase in Cybercrime Amid Economic Downturn

The ongoing cost-of-living crisis in the UK is expected to contribute to an increase in cyber crime, according to recent research. More than a third...

Nium Maintains Unicorn Status with $50 Million Series E Funding Round

Cross-border B2B payments operator Nium has successfully secured $50 million in a Series E funding round. The funding round was led by a sovereign wealth...

Founders Forum Group Purchases Tech Nation

Entrepreneurial network Founders Forum Group has acquired Tech Nation, ensuring the organization can continue its vital support for UK startups after a decade of impactful...

UBS Introduces Tokenized Warrant on a Public Blockchain

UBS has introduced Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network. The product, utilizing the on-chain issuance framework provided by UBS...

Mastercard Launches Biometric Checkout Initiative in Europe

Poland is set to serve as the European testing ground for a new biometric checkout program from Mastercard, which incorporates both facial and iris recognition...

Bank-Supported DLT-Driven CBDC Initiative Project MBridge Achieves MVP Milestone

The Bank for International Settlements (BIS) has announced that its multi-central bank digital currency (CBDC) platform, Project mBridge, has reached the minimum viable product (MVP)...

Banking Technology Startup Plumery Secures $4.5 Million in Funding

Plumery, a startup specializing in component-based banking technology and founded by Ben Goldin, the former CTO and CPO of Mambu, has successfully secured $4.5 million...

Collaborative Approaches to Shaping the Future of Fraud Prevention in PaaS

The second day of EBAday 2023 focused on the prominent topic of Payments as a Service (PaaS) and highlighted essential preventative measures to safeguard PaaS...

Peru Adopts India’s UPI Technology

Peru has partnered with NPCI International Payments to establish a real-time payments system modeled after India's UPI. The Central Reserve Bank of Peru has signed...

Credora Secures $6 Million to Enhance Transparency in Credit Markets

S&P Global and Coinbase Ventures have participated in a $6 million funding round for Credora, a startup that specializes in privacy-preserving technology for real-time credit...