FintechDaily Staff – Page 160

Fed Official Cautions That CBDCs Might Become an Embarrassing Fad

The Federal Reserve's chief of supervision has recently addressed the topic of Central Bank Digital Currencies (CBDCs), likening them to the parachute pants popularized by...

Berlin Startup Integral Secures €6.3 Million in Funding

Integral, a Berlin-based startup specializing in accounting, taxation, and payroll services for SMEs, has successfully raised €6.3 million in a funding round led by General...

Former Stripe Employees Secure $6 Million for AI-Driven ‘Wealthcare’ Initiative

Era, an AI-driven personal wealth management startup founded by former Stripe employees, has successfully raised $6.2 million in seed funding. This financing round was co-led...

Cube Launches RegTech Expansion with Acquisition of The Hub

RegTech Cube has acquired AI-driven data capture firm The Hub, marking the first step in a planned series of acquisitions aimed at consolidating the regulatory...

Bank-Supported Identity App itsme Secures €24.7 Million in Funding

Itsme, the digital identity app developed by a consortium of Belgian banks and telecommunications companies, has secured a €24.7 million capital boost, with the Federal...

NextGen Nordics 2025: Addressing DORA, VoP, CBDCs, Instant Payments, Fraud Prevention, and Generative AI

Join us at the Münchenbryggeriet in Stockholm, Sweden on April 29, 2025, to explore the future of payments at NextGen Nordics. This event will bring...

China’s Central Bank Shuts Down Software Company Involved in Crypto Trading

A software firm based in Beijing has been shut down by China's central bank due to its suspected involvement in cryptocurrency trading. The company, Beijing...

Coinbase Insider Trader Sentenced to 10 Months in Prison

Nikhil Wahi, brother of a former Coinbase product manager, has received a ten-month prison sentence in what is regarded as the first insider trading case...

Moroccan Authorities Arrest Suspected Hacker Known as Dr. Hex

Moroccan police have apprehended a suspected cybercriminal known as 'Dr Hex,' who is linked to a series of phishing, carding, and malware operations. Authorities collaborated...

Alibaba Offloads $126 Million Stake in Paytm

Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in the Indian digital payments firm Paytm through a block trade executed on Thursday. This...