2025 – Page 104 – FintechDaily

UK Treasury Committee Recommends Treating Cryptocurrency as Gambling

The UK Treasury Committee has urged that consumer trading in unbacked cryptocurrencies, such as bitcoin and ether, be regulated similarly to gambling. This influential cross-party...

Nationwide Prevents 2,000 Additional Fraud Cases Monthly with SCA Regulations

Nationwide Building Society reports that the implementation of Strong Customer Authentication (SCA) rules in March has helped the institution prevent approximately 2,000 cases of online...

Ripple Acquires Crypto Custody Firm Metaco

Blockchain firm Ripple has acquired Swiss crypto custody provider Metaco in a $250 million deal. This acquisition represents Ripple's entry into the burgeoning institutional crypto...

Google Introduces Virtual Cards for Chrome and Android

Google is collaborating with Visa, Mastercard, and American Express to introduce virtual cards for Chrome and Android users. Starting this summer, shoppers with eligible cards...

Bank of America Spearheads $35 Million Funding Round for OpenFin

Bank of America has spearheaded a $35 million Series D investment in OpenFin, a provider of capital markets operating systems, with notable participation from existing...

Checkout.com Set to Acquire Digital Identity Startup Ubble

Checkout.com is set to enhance its merchant financial services portfolio by acquiring French digital identity verification (IDV) company, ubble. The deal, expected to finalize later...

Digital Currency Group Closes Its Institutional Trading Platform

Digital Currency Group (DCG) is shutting down its trade execution and prime brokerage services subsidiary, TradeBlock, due to challenges posed by the crypto winter, the...

Mastercard Launches Biometric Checkout Initiative

Mastercard has developed a technology framework aimed at establishing minimum standards for biometric payments during checkout. The card scheme is collaborating with partners such as...

Mastercard Takes Stake in Picus Security

Mastercard has acquired a minority stake in Picus Security as part of its initiative to identify gaps in threat prevention and detection within business cyber...

Temasek Faces Financial Impact from FTX Investment

Singapore’s state-owned investment fund, Temasek Holdings, has reduced the compensation of employees involved in its $275 million investment in the now-defunct cryptocurrency exchange FTX. In...