February 6, 2025 – FintechDaily

Bank of Papua New Guinea Finishes Field Trials for Digital Kina CBDC

The Bank of Papua New Guinea has announced the successful completion of field trials for the country’s Central Bank Digital Currency (CBDC). The Proof of...

UK Government Takes Action Against Online Advertising Scams

The UK Government has announced a new legal duty under the Online Safety Bill, requiring major social media platforms and search engines to prevent fraudulent...

JPX Acquires Stake in Nomura-Led Blockchain Venture Boostry

Japan Exchange Group (JPX) is acquiring a stake in the Nomura-led blockchain initiative Boostry to advance the development of the security token market. JPX now...

FTX Partners with Stripe for Payment Processing and Identity Verification

Crypto giant FTX and its US subsidiary have partnered with Stripe to develop an onboarding and identity verification process for users joining the exchange, as...

Irish Fintech Company ZeroRisk Secures $4 Million Funding Round

ZeroRisk, an Irish provider of compliance and cyber risk management tools for the payment industry, has successfully raised $4 million in a funding round led...

Introducing BloombergGPT: A Powerful Language Model Tailored for Finance

Market data giant Bloomberg is set to capitalize on the growing interest in artificial intelligence by developing a large language model specifically for finance, known...

Online Retailers Cautioned About Potential Sales Losses Due to SCA Implementation

Online retailers are being urged to prepare for the implementation of Strong Customer Authentication (SCA), marking the most significant shift in payment processes since the...

Cybercriminals Seek $15 Million Ransom for Stolen TransUnion Data Recovery

Hackers are demanding a ransom of $15 million for the return of 54 million customer records that were stolen from a server run by the...

FCA Announces Greenwashing TechSprint Event

The UK's Financial Conduct Authority (FCA) is set to host an international operational forum to develop strategies aimed at combating the growing issue of greenwashing...

Anonymous Breaches Russian Central Bank’s Security

The hacking collective Anonymous has reportedly breached the Central Bank of Russia. The announcement was made via Twitter from one of the group's accounts, @YourAnonTV,...