February 2025 – Page 17

E-commerce Fraud Prevention Company Forter Secures $300 Million in Funding

E-commerce fraud prevention company Forter has achieved a valuation of $3 billion following a $300 million Series F funding round led by Tiger Global Management....

Americans Prefer Banks to Fintechs and Big Tech for Safeguarding Personal Data

A recent BIS survey reveals that Americans have a greater trust in traditional banks compared to government agencies, fintech companies, and especially Big Tech firms,...

Microsoft Acquires Stake in London Stock Exchange

Microsoft has entered a transformative ten-year deal with the London Stock Exchange Group (LSEG) to implement cloud, data analytics, and workspace products across the exchange...

Fraudio Secures $3.3 Million to Enhance Fraud Prevention Platform

Fraudio, a Dutch startup that has developed a cloud-native, centralized AI-powered payment fraud detection system, has successfully secured $3.3 million in seed funding. The funding...

Paytm Announces $103 Million Share Buyback Following Stock Price Decline

Indian digital payments leader Paytm is initiating a share buyback of up to $103 million in an effort to stabilize a stock price that has...

Klarna App Bug Allowed Users to Access Others’ Accounts

Klarna temporarily suspended its app yesterday following a "self-inflicted incident" that inadvertently allowed some users to access others' accounts, exposing personal information. In a statement,...

Euroclear Aims for Private Markets Through Goji Acquisition

Euroclear is set to acquire Goji, a London-based provider of digital access and technology for private markets. Goji currently serves nearly 30,000 investors across 80...

Signicat Acquires SCA Specialist Encap Security

Nordic digital identity firm Signicat has acquired Strong Customer Authentication (SCA) specialist Encap Security from AllClear ID, though financial terms have not been disclosed. Founded...

Visa Invests in LoginID to Speed Up FIDO-Certified Strong Customer Authentication

Visa has made an investment in LoginID, a startup that offers a range of APIs and SDKs designed to simplify the integration of Fido-certified biometric...

United Fintech Acquires Cobalt, a Specialist in FX and Digital Assets

United Fintech, a company focused on acquiring capital markets fintech businesses, has announced the acquisition of Cobalt, a provider of risk and data services for...