January 2025 – Page 72

Bank of India Launches Branches Dedicated to Startups

Bank of India has launched three new branches specifically designed to cater to startup companies in the country. These branches, located in Bengaluru, Mumbai, and...

Deutsche Börse Supports Forge’s European Launch of Private Market Trading Platform

Forge, the operator of a marketplace for trading private companies, has launched in Europe with the backing of Deutsche Börse. Forge Global has identified Europe...

Mastercard and NEC Collaborate on In-Store Biometric Payment Solutions

Mastercard is collaborating with NEC Corporation to enhance the use of facial recognition technology for in-store payments in the Asia Pacific region. The two companies...

Nala, the African Remittance App, Secures $40 Million for Global Expansion

Money transfer fintech Nala has successfully secured $40 million in Series A funding to bolster its global expansion and improve the reliability of payments to...

Bancos españoles crean una joint venture para combatir el fraude

Banco Santander, BBVA, and CaixaBank have established a company aimed at sharing data to combat financial crime. Named FrauDfense, this initiative will integrate anti-fraud efforts...

Visa Creates Dashboard to Analyze Stablecoin Activity

Visa has partnered with blockchain data provider Allium Labs to create a dashboard aimed at enhancing understanding of stablecoin activity. The Visa Onchain Analytics Dashboard...

Lynx Secures $18 Million for AI-Driven Fraud Prevention Technology

Lynx, a Madrid-based firm specializing in AI-driven detection and prevention of fraud and financial crimes, has successfully raised $18 million in Series A funding. The...

Divido Summons the Administrators

White label buy now, pay later provider Divido has been declared insolvent. Founded in 2014, Divido developed a platform that linked lenders, merchants, and partners...

eToro Builds Fintech Portfolio

eToro has created a passive investor portfolio exclusively consisting of shares in 40 prominent fintech companies. To assemble this portfolio, eToro’s investment experts meticulously selected...

73% of Financial Services Executives Anticipate Job Displacement Due to Generative AI

Almost three-quarters (73%) of executives in the financial services sector anticipate that they could be replaced by Generative AI (GAI), according to a recent study....