FintechDaily Staff – FintechDaily

Payments Fintech Sokin Secures $50 Million in Funding

UK B2B cross-border payments company Sokin is pursuing international growth after raising $50 million in Series B funding led by Prysm Capital. This funding round...

Kraken Launches Debit Card Rollout in the UK and EU

Crypto platform Kraken has introduced the Krak Card, a multi-asset debit card for both fiat and crypto payments. The initial rollout will occur in the...

Visa Collaborates with Aquanow for Stablecoin Settlements in CEMEA

Visa has partnered with digital asset platform Aquanow to enhance its stablecoin settlement capabilities in the Central and Eastern Europe, Middle East, and Africa (CEMEA)...

US Bank Trials Stablecoin Issuance on Stellar Network

US Bank is testing the issuance of custom stablecoins on the Stellar blockchain network. In October, US Bank CEO Gunjan Kedia mentioned during an earnings...

Vodacom M-Pesa Tanzania Introduces Cross-Border Payment Features

Vodacom Tanzania has secured several agreements to enhance the global usability of its M-Pesa mobile payments service. The leading telecom provider has partnered with Visa,...

Revolut Streamlines Regulatory Reporting and Risk Management with Nasdaq AxiomSL

Revolut is adopting a regulatory reporting and risk platform from Nasdaq to bolster its global growth ambitions. The focus of this partnership is the implementation...

FCA Expands Regulatory Sandbox with New Stablecoin Cohort

The Financial Conduct Authority (FCA) has introduced a stablecoin-specific cohort within its regulatory sandbox. In addition, the FCA has welcomed the regtech company Eunice into...

European Council and Parliament Finalize Agreement on New Payment Services Regulation

The European Council and European Parliament have reached a provisional political agreement to amend the existing Payment Services Directive (PSD2). This new regulation aims to...

EU Regulator Claims Commission is Hurrying Sustainable Transparency Proposal

The EU’s Ombudswoman has accused the European Commission of hastily implementing new rules on sustainable reporting. The EU has recently proposed to simplify sustainable transparency...

Major US Banks Affected by Cybersecurity Breach at Mortgage Technology Provider

Major banks in the US are on high alert following a security breach at SitusAMC, a technology provider for US mortgage lenders, which resulted in...