January 2025 – Page 71

Mastercard and Visa Increase Limit on Inter-Regional Fees for Tourist Cards in the EU

Visa and Mastercard have announced their commitment to maintain a cap on tourist card fees for an additional five years, as stated by the European...

Egyptian Fintech Startup Flash Secures $6 Million in Seed Funding

Flash, an Egyptian startup specializing in cashless transactions through QR codes, has successfully secured $6 million in seed funding. The funding round was led by...

Banque de France and HKMA Launch Collaborative Cross-Border CBDC Initiative

The Hong Kong Monetary Authority (HKMA) will be the first central bank outside the European Union to engage in the European Central Bank's digital euro...

Crypto Trader Found Guilty of $110 Million Fraud Scheme

A cryptocurrency trader has been convicted of fraud in connection with a $110 million market manipulation case. Avraham Eisenberg was found guilty by a federal...

Examining the Effects of Innovation on Neobanks

As part of the Temenos Community Forum, Finextra spoke with Craig Bennett, chief commercial officer of APAC at Temenos, and Simon Beitz, CEO of Alex...

Visa and Tangem Partner to Integrate Payment Card with Cryptocurrency Wallet

Crypto wallet provider Tangem is collaborating with Visa to launch a payment card that will integrate with the Swiss firm's self-custodial hardware wallet. This partnership...

Mediobanca Injects €12 Million into London Fintech Incubator

Mediobanca has partnered with Founders Factory, a London-based global company builder and early-stage investor, to establish a new fintech venture studio and accelerator, supported by...

ICBC Pays Ransom Following Cyberattack in the U.S.

The US arm of the Industrial and Commercial Bank of China reportedly paid a ransom to restore its systems following a hacking incident last week...

The Contributions of Visa, Currencycloud, and Tink

Visa has announced its involvement in the creation of HSBC's money transfer app, Zing, with contributions from its subsidiaries Tink and Currencycloud serving as essential...

Launch of Sam Altman’s Worldcoin Project

Worldcoin, an initiative led by Sam Altman, aims to create an identity and financial network by distributing free crypto tokens to individuals who agree to...