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January 2025

American Express to Test Biometric Authentication for Online Checkout

American Express to Test Biometric Authentication for Online Checkout
American Express is set to pilot facial and fingerprint recognition for user authentication during online checkouts. The biometric capabilities have been integrated into the card...
FintechDaily Staff
January 21, 2025

NatWest Joins Mastercard’s Click to Pay Initiative for Debit Cards

NatWest Joins Mastercard’s Click to Pay Initiative for Debit Cards
NatWest has officially become the first bank in the UK to offer Mastercard's Click to Pay feature to all its customers. Having been in trial...
FintechDaily Staff
January 21, 2025

US Judge Dismisses $30 Billion Interchange Fee Settlement

US Judge Dismisses $30 Billion Interchange Fee Settlement
A US judge has rejected a $30 billion settlement between Visa, Mastercard, and retailers concerning credit card interchange fees. US District Judge Margo Brodie had...
FintechDaily Staff
January 21, 2025

Japanese Digital Bank Habitto Launches Services

Japanese Digital Bank Habitto Launches Services
Habitto, a Tokyo-based startup aiming to challenge Japan's major banks, has launched its first savings account, offering an attractive 0.3% interest on the first one...
FintechDaily Staff
January 21, 2025

Former Chancellor’s Crypto Company Hosted Sushi Served by Half-Naked Models

Former Chancellor’s Crypto Company Hosted Sushi Served by Half-Naked Models
Guests at a party hosted by a cryptocurrency firm, led by former UK chancellor Philip Hammond, were served sushi presented on the bodies of half-naked...
FintechDaily Staff
January 21, 2025

Axis Bank and Fibe Collaborate to Launch India’s First Numberless Credit Card

Axis Bank and Fibe Collaborate to Launch India’s First Numberless Credit Card
India's Axis Bank has partnered with local fintech Fibe to introduce the country’s first numberless credit card. This innovative RuPay-powered card eliminates the traditional printed...
FintechDaily Staff
January 21, 2025

Computop urges retailers to participate in EPI pilot trials.

Computop urges retailers to participate in EPI pilot trials.
EU payment gateway Computop is inviting merchants to participate in pilot trials for the bank-supported European Payments Initiative's wero wallet scheme. The wero digital wallet...
FintechDaily Staff
January 21, 2025

PayPal Ventures Backs Latin American E-Commerce Company nocnoc

PayPal Ventures Backs Latin American E-Commerce Company nocnoc
PayPal Ventures has led a $14 million Series A funding round for nocnoc, a company that facilitates cross-border e-commerce between global sellers and Latin America....
FintechDaily Staff
January 21, 2025

FCA Imposes £11 Million Fine on Equifax for Significant Consumer Data Breach

FCA Imposes £11 Million Fine on Equifax for Significant Consumer Data Breach
The Financial Conduct Authority (FCA) has imposed a fine of over £11 million on Equifax for inadequately safeguarding customers against a data breach that originated...
FintechDaily Staff
January 21, 2025

MuchBetter Introduces ‘No-Cost’ Contactless Payment Ring

MuchBetter Introduces ‘No-Cost’ Contactless Payment Ring
Wearable paytech provider MuchBetter has launched a free contactless payments ring in Italy, provided users load it with €100 through the associated app. Available on...
FintechDaily Staff
January 21, 2025

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