2025 – Page 253 – FintechDaily

FCA Maintains Significant Investment in Technology for Enhanced Decision-Making

In a recent speech at the Peterson Institute of International Economics, Nikhil Rathi, chief executive of the UK’s Financial Conduct Authority (FCA), outlined the regulator’s...

Contis Fined $840K for AML Violations

Electronic Money Institution Contis has been fined €840,000 by the Bank of Lithuania due to multiple anti-money laundering (AML) violations. In its enforcement of the...

Binance Exits Netherlands After License Denial; Now Under French Investigation

Binance is facing ongoing regulatory challenges, including its exit from the Netherlands and a French investigation into "aggravated" money laundering. The exchange has encountered setbacks...

Swiss Fintech Startup Nsave Raises $18 Million in Series A Funding

Swiss fintech startup nsave has successfully raised $18 million in a Series A funding round led by TQ Ventures, with participation from Sequoia Capital, Y...

NAB Scam Alerts Encourage Australians to Avoid Suspicious Payments

National Australia Bank reports that customers abandoned A$48.5 million in payments over the past two months after receiving scam warnings from the bank. NAB alerts...

Hyperline Secures $10M in Funding for Revenue Management Solutions

French revenue management startup Hyperline has secured $10 million in a seed extension round led by Index Ventures. Founded in 2022 by former engineers from...

Banco Sabadell Introduces Real-Time Geolocation for Card Payments

Banco Sabadell is leveraging transaction enrichment technology from Snowdrop Solutions to help its customers visualize their card transactions on a map. This service displays both...

UK Green Fintech Tred Shuts Down Citing APP Fraud Reimbursement Regulations as the Cause

UK green fintech startup Tred is set to shut down its operations, citing new reimbursement rules concerning authorised push payment fraud as the reason for...

Companies Neglecting Social Messaging Oversight

Financial services firms are struggling to effectively monitor their employees' use of social media messaging, despite designating communications surveillance as a priority investment, according to...

Wise Expands its Services to Mexico

Money transfer giant Wise has launched its services in Mexico, aiming to enter another lucrative market. A survey conducted by Edgar, Dunn & Company on...