January 2025 – Page 83

Finnish Neobank Saldo Bank Launches Operations in Sweden

Finnish neobank Saldo Bank has launched its services in Sweden, offering interest rates of up to 5% for one-year deposits. Although Saldo Bank originates from...

SEC Rejects Coinbase’s Request for Cryptocurrency Regulations

The Securities and Exchange Commission (SEC) has rejected a petition from crypto exchange Coinbase that sought the establishment of new regulations specifically for the digital...

Hackers Allegedly Obtain Bank Account Information for 30 Million Santander Customers

Hackers are attempting to sell what they claim are bank account details for 30 million Santander customers, with an asking price of $2 million. Earlier...

Paysend Introduces Paysend Libre in Mexico to Serve Underserved Communities

In a significant effort to promote financial inclusion in Mexico, Paysend has introduced Paysend Libre, supported by Mastercard. This initiative aims to integrate the underbanked...

NayaOne, the Bank-to-Fintech Matchmaker, Secures $4.7 Million in Funding

NayaOne, a Sandbox-as-a-Service platform designed to connect financial institutions with fintech companies, has successfully raised $4.7 million in its latest funding round. The round was...

Revolut Halts Cryptocurrency Purchases for UK Business Clients

Revolut has suspended certain crypto services for business users as it adjusts to new regulations regarding financial promotions. Since October 8, 2023, businesses promoting cryptoassets...

Non-Sweeping VRPs to Launch in Phase 1 of UK Rollout Scheduled for Q3 2024

Financial regulators in the UK are set to roll out non-sweeping variable recurring payments (VRP) in a Phase 1 implementation by the third quarter of...

Communify Purchases Fincentric from S&P Global

Wealthtech entrepreneur John Wise and Stellex Capital Management have acquired S&P Global’s Fincentric business to enhance digital experiences and financial data distribution for the wealth,...

Bunq Utilizes NVIDIA AI to Combat Financial Fraud

Dutch neobank bunq recently announced a partnership with NVIDIA to tackle financial fraud utilizing accelerated computing and AI. To address the increasing demands of customers...

PayPal Utilizes Stablecoin for Invoice Payments

PayPal has recently utilized its proprietary PYUSD stablecoin for invoicing, marking a significant milestone for the company. The firm executed a payment to Ernst &...