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Saturday, May 10th, 2025
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2025

Bank of America Spearheads $35 Million Funding Round for OpenFin

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...
FintechDaily Staff
February 4, 2025

Checkout.com Set to Acquire Digital Identity Startup Ubble

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...
FintechDaily Staff
February 3, 2025

Digital Currency Group Closes Its Institutional Trading Platform

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...
FintechDaily Staff
February 3, 2025

Mastercard Launches Biometric Checkout Initiative

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...
FintechDaily Staff
February 3, 2025

Mastercard Takes Stake in Picus Security

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...
FintechDaily Staff
February 3, 2025

Temasek Faces Financial Impact from FTX Investment

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...
FintechDaily Staff
February 3, 2025

Laybuy Appoints Former HSBC Fraud Chief as Chief Risk Officer

Laybuy Appoints Former HSBC Fraud Chief as Chief Risk Officer
New Zealand-based buy now, pay later provider Laybuy has appointed Jamie Byles, HSBC's group head of fraud, as its new chief risk officer. Based in...
FintechDaily Staff
February 3, 2025

HSBC Introduces New ESG Index

HSBC Introduces New ESG Index
HSBC has launched a global Index that employs artificial intelligence to assess the enhancement of a company’s ESG credentials and their potential for positive financial...
FintechDaily Staff
February 3, 2025

OCBC Capital Raises Limits Following Inadequate Response to SMS Phishing Scams

OCBC Capital Raises Limits Following Inadequate Response to SMS Phishing Scams
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of approximately S$330 million on OCBC Bank (OCBC) due to the bank's inadequate...
FintechDaily Staff
February 3, 2025

NatWest Introduces Confirmation of Payee API for Business Clients

NatWest Introduces Confirmation of Payee API for Business Clients
NatWest has introduced an API that enables commercial customers to embed Confirmation of Payee features directly into their systems and processes. Confirmation of Payee was...
FintechDaily Staff
February 3, 2025

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