February 2025 – Page 14

Thieves Use Boat-Lifting Straps to Pull Cash Machines from Car

Heavy-duty straps used for lifting boats out of the water have been associated with a series of cash machine raids in Worcestershire. West Mercia police...

ASX Faces A$250 Million Loss Following Cancellation of DLT-Based Chess Replacement Initiative

The Australian Securities Exchange (ASX) has decided to terminate its long-delayed blockchain-based post-trade network project, resulting in a financial write-off of approximately A$250 million. Since...

BNP Paribas Partners with Oracle for Cloud Solutions

BNP Paribas has announced its decision to integrate Oracle Exadata Cloud@Customer into its cloud strategy, aiming to enhance security and personalize customer experiences within its...

Fedwire Funds Service ISO 20022 Migration Postponed to July

Federal Reserve Financial Services (FRFS) has postponed the rollout of ISO 20022 for the Fedwire Funds Service from March to July. Despite several years of...

Chainalysis Acquires AI Fraud Detection Company Alterya

Blockchain analysis leader Chainalysis has acquired Alterya, a startup specializing in generative AI-powered fraud detection. Alterya collaborates with major cryptocurrency exchanges and fintech companies, including...

GoTo Group Reduces Workforce by 12%

Indonesian tech group PT GoTo Gojek Tokopedia Tbk has announced plans to lay off 12% of its workforce, equating to approximately 1,300 employees. In a...

Ireland Introduces Legislative Reforms to Combat Scam Epidemic

Ireland's Government has committed to establishing a shared fraud database among financial institutions, utility companies, and payment firms, in response to nearly €100 million in...

JPMorgan Chase CEO Urges Washington to Reevaluate Financial Regulations

During a meeting with Republican lawmakers and top bank CEOs regarding the issue of ‘debanking,’ JPMorgan Chase CEO Jamie Dimon underscored the importance of reevaluating...

Quant and UST Collaborate to Advance Tokenization

Blockchain firm Quant is partnering with UST to promote the adoption of institutional digital assets. The collaboration will offer technical integration and tokenization services to...

Revolut combats impersonation scams by introducing in-app calling feature

Fintech giant Revolut is introducing in-app calls to help retail customers quickly identify and report impersonation scams. The new feature aims to address the widespread...