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February 11, 2025

BNPL Company Tabby Engages Banks for Upcoming IPO

BNPL Company Tabby Engages Banks for Upcoming IPO
UAE-based buy now, pay later company Tabby has engaged banks in preparation for a potential initial public offering (IPO). Sources indicate that the firm is...
FintechDaily Staff
February 11, 2025

Banks Held Responsible for “Alarmingly Low” Reimbursement Rates for APP Fraud

Banks Held Responsible for “Alarmingly Low” Reimbursement Rates for APP Fraud
Over three-quarters of bank customers have been unable to secure reimbursements after becoming victims of authorized push payment (APP) scams. In 2020, losses from bank...
FintechDaily Staff
February 11, 2025

Australia’s AMP Leverages Starling Technology for Small Business Digital Banking

Australia’s AMP Leverages Starling Technology for Small Business Digital Banking
Australian financial services firm AMP has partnered with Engine by Starling to launch a new digital bank tailored for small business owners and everyday customers....
FintechDaily Staff
February 11, 2025

Lunar Secures €35 Million Funding Amid Challenging Economic Landscape

Lunar Secures €35 Million Funding Amid Challenging Economic Landscape
Danish neobank Lunar has successfully raised €35 million to support its growth and development as it continues to expand across the Nordic region and accelerate...
FintechDaily Staff
February 11, 2025

Sardine Secures $70 Million for AI-Driven Fraud Prevention Platform

Sardine Secures $70 Million for AI-Driven Fraud Prevention Platform
Sardine, an AI risk platform specializing in fraud prevention, compliance, and credit underwriting, has successfully secured $70 million in a Series C funding round led...
FintechDaily Staff
February 11, 2025

Leading Tech Firms Commit £1 Million to Support UK Anti-Fraud Initiative

Leading Tech Firms Commit £1 Million to Support UK Anti-Fraud Initiative
Major technology companies, including Google, Facebook, Instagram, Twitter, Amazon, Microsoft, and TikTok, have committed £1 million to an anti-fraud campaign in the UK. This funding...
FintechDaily Staff
February 11, 2025

Klarna Partners with JPMorgan Payments to Enhance Merchant Services Offering

Klarna Partners with JPMorgan Payments to Enhance Merchant Services Offering
Klarna’s buy now, pay later options are set to be available for businesses using JPMorgan Payments for their payment processing. As the Swedish BNPL giant...
FintechDaily Staff
February 11, 2025

Robinhood Seeks to Reacquire Sam Bankman-Fried’s 7% Ownership Stake

Robinhood Seeks to Reacquire Sam Bankman-Fried’s 7% Ownership Stake
Robinhood's board has approved a plan to acquire Sam Bankman-Fried's seven percent stake in the stock trading app. In May, it was revealed that Emergent...
FintechDaily Staff
February 11, 2025

Criminals Acquire Bank OTPs to Execute Fraudulent Card Transactions

Criminals Acquire Bank OTPs to Execute Fraudulent Card Transactions
Hackers successfully intercepted one-time passwords (OTPs) sent via SMS by banks in Singapore to customers, executing fraudulent credit card transactions that totaled S$500,000. The scheme,...
FintechDaily Staff
February 11, 2025

Deutsche Börse Chooses Google Cloud to Support Digital Asset Operations

Deutsche Börse Chooses Google Cloud to Support Digital Asset Operations
Deutsche Börse has chosen Google Cloud to serve as the foundation for a new digital asset business platform aimed at creating an institutional-grade ecosystem for...
FintechDaily Staff
February 11, 2025

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