FintechDaily Staff – Page 175

Innovate Finance Urges Government to Establish National Anti-Fraud Center

Fintech trade body Innovate Finance is urging the UK Government to establish a National Anti-Fraud Centre aimed at facilitating cross-sector data sharing and to implement...

A Sneak Peek at Sustainable Finance Live 2023 with ElastaCloud’s Richard Conway

As the date for Finextra’s annual Sustainable Finance Live conference approaches, we engaged with several speakers who will participate in this pivotal event at Events@No6...

Metro Bank Introduces AI-Powered Scam Detection Tool

Metro Bank is leveraging technology from AI company Ask Silver to help customers quickly determine if they are at risk of a scam by identifying...

Santander’s ‘Scamtracker’ Reveals Customers Lost £18 Million to Fraud in Q1

Santander reports that over £18 million was taken from customers by scammers in the first quarter of 2025. To address the issue, the bank has...

BBVA Partners with OpenAI to Introduce ChatGPT for Employees

Spanish banking institution BBVA is enhancing its artificial intelligence initiatives by partnering with OpenAI to implement ChatGPT for thousands of its employees. As the first...

Increase in Cash Withdrawals

Nationwide, a prominent building society in the UK, has observed a notable increase in ATM cash withdrawals for the third consecutive year. As the cost...

Americans Fell Victim to $3 Billion in Impersonation Scams in 2024

Scams that impersonate businesses and government officials cost Americans $2.95 billion last year, according to the Federal Trade Commission. The losses occurred despite the implementation...

DBS Bank and Bank of China Customer Data Breached in Ransomware Incident

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and...

BoE Considers AI’s Threat to Financial Stability

As firms increasingly incorporate advanced AI-based analysis into their trading and investment strategies, the Financial Policy Committee of the Bank of England has issued a...

Rich Data Co. Secures Its First U.S. Bank Client

Rich Data Co. (RDC), an Australian AI-driven platform specializing in banking business lending, has secured its inaugural significant deal in the United States with M&T...