2025 – Page 233 – FintechDaily

PhonePe of India Secures $100 Million Funding at a $12 Billion Valuation

Weeks after raising $350 million, Indian digital payment platform PhonePe has secured an additional $100 million in funding, elevating its valuation to $12 billion. This...

Balancing Trust and Value Propositions: A Strategic Approach

Amsterdam: Finextra is covering Money 20/20 Europe, sharing insights from key sessions at the conference. During a panel discussion on the vital issue of earning...

DBS Gains from Institutional Crypto Investors Seeking Safe Havens

The recent decline in cryptocurrency values and various scandals has resulted in a significant increase in bitcoin trading at Singapore's DBS Bank, which experienced an...

Lloyds Empowers Users to Manage Contactless Limitations in Response to Fraud Concerns

Lloyds Banking Group customers will soon have the ability to set their own limits as the new £100 ceiling on contactless card payments takes effect...

RBC Launches New Spending Forecasting Tool

Royal Bank of Canada has introduced a forecasting feature to its AI-driven budgeting tool, Nomi. The Nomi Forecast provides users with insights into upcoming pre-authorised...

Banks Launch Emergency Hotline to Address APP Fraud

UK banks are launching an emergency hotline to protect customers from APP (Authorised Push Payment) fraudsters who impersonate bank staff. Initially set as a one-year...

UK Clarifies Legal Framework for Issuing Digital Securities through Blockchain

LawtechUK, a government-backed and industry-led initiative focused on promoting the use of English law and the UK’s jurisdictions in the realm of emerging technologies, has...

Microsoft Launches Financial Services Cloud

Microsoft is set to make its cloud offering tailored for financial services generally available next month, with Virgin Money UK among the first to adopt...

SEC Finalizes Regulations for Transition to T+1 Settlement Cycle

The Securities and Exchange Commission (SEC) has finalized rule changes to shorten the settlement cycle to one business day, aiming to reduce risks associated with...

Resistant AI Secures $16.6 Million in Funding to Combat Fraud

Resistant AI, a software-as-a-service (SaaS) company specializing in AI and machine learning security, has raised $16.6 million in Series A funding to safeguard automated financial...