2025 – Page 265 – FintechDaily

FSB Seeks Enhanced Alignment in Cyber Incident Reporting

The Financial Stability Board (FSB) has proposed measures aimed at promoting greater consistency in cyber incident reporting. According to the FSB, the frequency and sophistication...

Visa and Mastercard Hit with Multi-Billion Pound Lawsuit Over Interchange Fees

Commercial litigation firm Harcus Parker is finalizing preparations for a multi-billion-pound class action lawsuit concerning interchange fees imposed by Mastercard and Visa. Retailers, charities, universities,...

Cultivo Appoints Mark Carney to Board of Directors

Climate-focused fintech Cultivo has appointed six new board members, including Mark Carney, the former governor of the Bank of England and current vice chair at...

Tink, Adyen, and Recharge Launch Pay by Bank in Germany

Prepaid payments platform Recharge is set to offer customers in Germany the option to pay via bank transfers through a partnership with Tink and Adyen....

Aviva Invests $10 Million in Women’s Fintech Fund

Aviva has invested $10 million in a venture capital fund that supports female entrepreneurs in the fintech sector across the UK, Europe, Canada, and the...

CBDCs and Private Stablecoins: A Collaborative Future

Research from the Hong Kong Monetary Authority and the BIS Innovation Hub indicates that a wholesale central bank digital currency (CBDC) could effectively interface with...

South Africa’s Stitch Ventures into In-Person Payments Through ExiPay Acquisition

South African embedded payments platform Stitch is expanding into in-person payments through its acquisition of the Dutch company ExiPay, although financial terms of the deal...

Mollie Enters the Financial Services Arena with Mollie Capital

European payments fintech, Mollie, has launched Mollie Capital to enhance SME access to finance and funding. The initiative aims to provide simpler cash access for...

LSEG Appoints Former Goldman Sachs Executive Irfan Hussain as CIO

London Stock Exchange Group has appointed Irfan Hussain, previously with Goldman Sachs, as its new chief information officer. Hussain, a veteran with 28 years of...

Wells Fargo and Derivative Path Launch Global Payments Solutions for Regional Banks

Wells Fargo has partnered with capital markets technology provider Derivative Path to enhance global payment capabilities for regional and community banks. By utilizing Wells Fargo’s...