2025 – Page 82 – FintechDaily

Court Dismisses Class-Action Lawsuit Against Coinbase

Shares in Coinbase surged over 20% on Thursday following a ruling by US District Court Judge Paul Engelmayer, who dismissed a class-action lawsuit against the...

UK Contactless Limit Set to Increase to £100 This October

Brits will be able to make contactless payments of up to £100 starting from 15 October, as confirmed by UK Finance. This increase, up from...

FCA Establishes Innovation Advisory Group

The Financial Conduct Authority (FCA) has appointed seven advisors to a new Innovation Advisory Group (IAG), set to hold its first meeting this month. The...

Former Credit Union Employee Strikes Back by Deleting 20GB of Data

A woman in the US has pleaded guilty in a Brooklyn court after breaking into a credit union's computer system and deleting over 20 gigabytes...

SurePay Secures €12.2 Million in Funding for Confirmation of Payee Solutions

SurePay, a spin-off of Rabobank that provides Confirmation of Payee (CoP) services in the UK and Benelux, has successfully raised €12.2 million in a funding...

Klarna Prepares to Dive into the Crypto Space

Buy now, pay later giant Klarna is exploring cryptocurrency integration ahead of its anticipated IPO in April this year. Klarna's CEO, Sebastian Siemiatowksi, recently shared...

FCA Increases Efforts to Tackle Misleading Financial Promotions

Nearly 20,000 financial adverts were withdrawn or amended in the UK last year following intervention from the FCA, which is nearly double the amount from...

Mastercard Acquires Crypto Intelligence Company CipherTrace

Mastercard is enhancing its digital asset capabilities by acquiring cryptocurrency intelligence firm CipherTrace, with financial terms undisclosed. CipherTrace specializes in analyzing large volumes of blockchain...

Rapyd Negotiates $300M Fundraising with Significant Valuation Adjustment

Payments-as-a-Service platform Rapyd is seeking to raise $300 million at a valuation of $3.5 billion, significantly lower than the $9 billion it achieved during a...

IPiD Unveils AI-Driven Name Matching Technology for Enhanced Payee Verification

Payment identity network iPiD has partnered with Microsoft to develop an AI-powered name-matching tool for Verification of Payee (VoP). Name matching has been a fundamental...