2025 – Page 357 – FintechDaily

French Privacy Watchdog Probes Legality of Worldcoin’s Data Collection Practices

France's privacy watchdog has raised concerns about the legality of Worldcoin's biometric data collection, as reported by Reuters. Earlier this week, Worldcoin launched a project...

Point72 Ventures Disbands Fintech Team – Forbes

Point72 Ventures has terminated five of their investors, including three from the fintech sector and two from their digital assets team, as reported by two...

Singapore to Eliminate Corporate Cheques by 2025

Singapore plans to phase out corporate cheques by the end of 2025, although individuals will still have the option to use them for a limited...

Tarabut secures acquisition of UK-based A2A payments platform Vyne

London-based start-up Vyne, a real-time account-to-account (A2A) payments platform for online businesses, has been acquired by Middle Eastern open banking firm Tarabut for an undisclosed...

Programmable Money Startup Pave Bank Emerges from Stealth Mode

Programmable money startup Pave Bank has emerged from stealth with a $5.2 million funding round and a digital commercial banking license in Georgia. In addition...

SEC Accuses Hex Crypto Founder of Defrauding Investors and Purchasing $4 Million Diamond

The Securities and Exchange Commission has charged entrepreneur Richard Heart with conducting unregistered offerings of crypto asset securities, raising over $1 billion and defrauding investors...

FCA Highlights Consumer Duty in Relation to Bank Savings Rates

The UK Financial Conduct Authority (FCA) has introduced its new Consumer Duty rules, first evident in a 14-point action plan aimed at enhancing cash savings...

Aussie Regulator Takes Legal Action Against eToro for CFD Overreach

The Australian Securities and Investments Commission (ASIC) has initiated legal action against online investment platform eToro, accusing it of failing to market its contract for...

Monzo Employees Label Conservatives as ‘Evil’ Following Jeremy Hunt’s Bank Account Denial – Telegraph

A whistleblower at Monzo has disclosed that staff members openly ridiculed the Conservative Party in internal communications, contributing to the ongoing ‘debanking’ scandal. Messages shared...

IMF Reports Cyber Attacks Impose $12 Billion Cost on Financial Firms

Financial services firms have incurred $12 billion in losses due to cyber attacks over the past two decades, according to a recent report from the...