2025 – Page 352 – FintechDaily

Pig Butchering Rises as Leading Threat in Payment Scams

Pig-butchering, a type of investment scam involving fake cryptocurrency companies, has surfaced as one of the leading payment threats to consumers. According to the Spring...

Shift4 to Purchase Givex for C$200 Million

Shift4 Payments is set to acquire the Canadian gift card company Givex for C$200 million in an all-cash deal. Givex offers cloud-based software services for...

FundOnion Introduces Business Finance Comparison Platform

An AI-driven finance comparison platform named FundOnion has been launched to assist small businesses in the UK in securing funding. According to a recent report...

Web3 Foundation Advocates for Transparent Regulation

Web3 Foundation (W3F), the Switzerland-based trade group representing decentralized web software companies, has urged EU policymakers and supervisors to clarify the regulatory framework surrounding web3...

Corlytics Purchases Clausematch

RegTech company Corlytics has made its second acquisition of the year by acquiring compliance mapping provider Clausematch. This follows the recent acquisition of SparQ, a...

AFME Expresses Concerns Regarding Upcoming CS3D Regulation in Recent Paper

The Association for Financial Markets in Europe (AFME) recently published a report addressing significant concerns surrounding the Corporate Sustainability Due Diligence Directive (CS3D). The CS3D...

BoE and FCA Unveil Update on Data Collection Transformation Initiatives

The Bank of England (BoE) and the Financial Conduct Authority (FCA) have successfully completed their phase one commitments in the ongoing Transforming Data Collection (TDC)...

Ant Group Hit with $985 Million Fine

China's central bank has imposed a hefty fine of $985 million on Ant Group for breaching several laws and regulations. According to the People's Bank...

Stripe Leverages AI to Enhance Cross-Border Commerce in Asia

US payments giant Stripe is aiming to expand its presence in Asia by introducing a range of new AI features designed to enhance cross-border commerce...

FTC Submits Revised Complaint Against Walmart for Money Transfer Fraud

The Federal Trade Commission (FTC) has filed an amended complaint asserting that Walmart permitted its money transfer services to be exploited by scammers, resulting in...