2025 – Page 325 – FintechDaily

UK Consumers Defrauded of Over £500 Million by Scams in Early 2023

Criminals stole £580 million through both unauthorised and authorised fraud in the first half of 2023, reflecting a two percent decrease compared to the same...

Connecting Domestic Instant Payment Systems: Five Asian Markets to Watch

The Bank for International Settlements is progressing towards the live implementation of Project Nexus, an initiative aimed at enhancing cross-border payments by linking various domestic...

Welsh Fintech Raises $13 Million in Funding

Welsh fintech company has successfully raised $13 million in funding.

Google Cloud Secures Significant Financial Services Contracts

Google Cloud has leveraged its annual Las Vegas event to announce partnerships with prominent financial services firms, including Citadel, Discover, and Scotiabank. Giant market maker...

AIB Issues Apology for Online Banking Malfunction

Irish high street bank AIB has acknowledged a glitch in its online banking service following a report by The Irish Independent. The issue was initially...

US Judge Dismisses “Insufficient” $30 Billion Swipe Fee Settlement

A US district court judge has dismissed a proposed $30 billion settlement regarding swipe fees between Visa, Mastercard, and US merchants, citing that both card...

Zipzero Moves Headquarters from London to Aberdeen

Zipzero, a UK consumer app designed to address the cost-of-living crisis by rewarding users for sharing their receipt data, has moved its headquarters from London...

EQT Divests Rimes to Five Arrows

Data management provider Rimes, which caters to the asset management sector, is being sold by investment firm EQT to Five Arrows, although specific terms of...

Monzo and Starling Rank Among the Lowest in APP Fraud Reimbursements

Monzo and Starling scored among the lowest for reimbursing victims of authorized push payment (APP) fraud, according to 2022 data released by the Payment Systems...

Ant Group Purchases Dutch Payment Provider MultiSafePay

China's Ant Group has acquired Dutch payments firm MultiSafepay as part of its strategy to expand into Western markets. The acquisition will integrate MultiSafepay with...