FintechDaily Staff – FintechDaily

Visa Successfully Executes First Recurring A2A Transaction in the UK

Visa has completed its inaugural commercial variable recurring payment (cVRP) using its account-to-account (A2A) payment service in the UK. This transaction, designed to showcase the...

Lloyds Faces Shareholder Rebellion from Curve Over £120 Million Acquisition

Lloyds Banking Group has reportedly signed a £120 million deal to acquire UK digital wallet provider Curve. Sky News has learned that Curve notified its...

JPMorgan Ceases Operations of Mobility Payments Division

JPMorgan is winding down the payments business it acquired from Volkswagen in 2021, as it has determined that profitability is unattainable, reports Bloomberg. Founded in...

Primer Introduces AI Assistant for Payment Teams

London-based payments and commerce infrastructure provider Primer has introduced an AI agent designed for payments teams. Founded in early 2020 by former senior staff from...

JPMorgan Chase Unveils Comprehensive Initiative to Combat Fraud and Scams

JPMorgan Chase is launching its largest fraud and scam prevention initiative to date, focusing on consumer education, prevention, awareness, and ongoing technological investments aimed at...

Ramp Reaches $32 Billion Valuation Following Latest Funding Round

Expense management startup Ramp has recently achieved a remarkable milestone, with its valuation skyrocketing to $32 billion in just six months. This surge follows a...

Lloyds Bank Finalizes Disputed Acquisition of Curve

Lloyds Banking Group has announced its acquisition of Curve, a London-based fintech firm. Curve specializes in a digital wallet that consolidates various credit, debit, and...

Klarna Set to Achieve Its First Billion-Dollar Quarter

Klarna is projected to achieve its first billion-dollar quarter in Q4, fueled by remarkable growth in the US, increased card adoption, and enhanced productivity through...

Visa Executes First Recurring A2A Transaction in the UK

Visa has completed its first commercial variable recurring payment (cVRP) through its account-to-account (A2A) payments solution in the UK. This transaction, aimed at demonstrating the...

Cloudflare Outage Disrupts Large Portions of the Internet

A significant outage at Cloudflare, a network and security services provider relied on by many financial firms, has disrupted several major websites and apps. Among...