2025 – Page 249 – FintechDaily

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...

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...

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...

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...

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...

Singapore Banks Enhance Measures to Combat Digital Scammers

Singapore's banks are enhancing their defenses against scammers by implementing a range of new measures, including an emergency self-service kill switch that allows customers to...

BNP Paribas and NatWest Launch CobaltFX Dynamic Credit

BNP Paribas and NatWest are set to implement technology from CobaltFX aimed at simplifying and streamlining the allocation of credit for foreign exchange (FX) transactions...

Riksbank’s Skingsley Named Head of BIS Innovation Hub

The Bank for International Settlements (BIS) has appointed Cecilia Skingsley from Riksbank as the new head of the BIS Innovation Hub. Skingsley, who is currently...