2025 – Page 91 – FintechDaily

ECB Alerts Banks to Potential Russian Cyberattack Threat

With the Ukraine crisis escalating, the European Central Bank (ECB) is engaging with financial institutions regarding the potential for cyberattacks allegedly sponsored by Russia, according...

United Fintech Segregates Cobalt into Distinct FX and Digital Asset Ventures

Following its recent acquisition by United Fintech, Cobalt is relaunching as CobaltFX and will be spinning off its digital asset business into a new venture...

Federal Reserve Introduces Toolkit for Banks to Tackle Synthetic Identity Fraud

US banks incurred $20 billion in losses due to synthetic identity fraud in 2020, according to new data from the Federal Reserve. To aid banks...

Sardine Secures $19.5 Million to Assist Fintechs in Combating Fraud

Sardine, a behavior-based fraud and compliance platform for fintechs developed by veterans from Coinbase, Revolut, and PayPal, has successfully raised $19.5 million in a Series...

More Wall Street Giants Support Versana’s Syndicated Loan Platform

Deutsche Bank, Morgan Stanley, US Bank, and Wells Fargo have become the latest supporters of Versana, participating in a $40 million capital raise for the...

OCBC Introduces Account Kill Switch Amid Rising Phishing Scam Threats

Following a surge in SMS phishing attacks, OCBC Bank has introduced a kill switch feature that allows customers to instantly freeze their current and savings...

LeapXpert Secures $22 Million for Financial Services Messaging Platform

Business communications vendor LeapXpert has successfully raised $22 million in a Series A+ funding round led by Rockefeller Asset Management through its Technology Ventures Group....

JPMorgan Leverages Quantum Network for Enhanced Blockchain Security

Researchers from JPMorgan Chase, Toshiba, and Ciena have developed a quantum key distribution (QKD) network designed to secure blockchain applications against potential quantum attacks. The...

Danske Bank Explores Quantum Communication for Data Transmission

Danish researchers have announced a significant advancement in IT security, successfully utilizing quantum communication to transfer data between computers at Danske Bank. The research team...

DNB Ventures Backs Fintech Startup Receipts

Oslo-based fintech startup Receipts, which focuses on creating connections between banks and merchants for digital receipts, has successfully raised €1.7 million in a funding round...