FintechDaily Staff – Page 20

Plaid Agrees to Compensate JPMorgan for Customer Data Access

Plaid has agreed to JPMorgan's demands to pay for access to customer data, following accusations that aggregator firms were overloading its systems with unnecessary requests....

Klarna to Launch In-Store Payment Options through Apple Pay

Klarna is set to offer Apple Pay users access to Buy Now, Pay Later (BNPL) loans at in-store checkouts in the UK and US. This...

Google Launches Agent Payments Protocol to Drive AI-Enhanced Commerce

Google has introduced an open protocol aimed at enabling AI agents to handle payments on behalf of users and merchants. The tech giant has partnered...

PayNearMe Secures $50 Million Funding Round

PayNearMe, a fintech company focused on non-commerce businesses and their customers, has raised $50 million in Series E funding from Atlantic Vantage Point. Originally designed...

Revolut and Monzo Compete with Interest-Bearing Savings Accounts for Kids

Revolut has unveiled its Instant Access Savings accounts tailored for children and teenagers aged 6 to 15, featuring competitive interest rates of up to 4.5%...

WorkFusion Secures $45M for AI Solutions in Financial Crime Compliance

WorkFusion, a fintech specializing in AI agents for financial crime compliance, has successfully raised $45 million in a funding round led by Georgian. In 2022,...

LSEG Launches Blockchain-Backed Platform for Private Funds

The London Stock Exchange (LSEG) has introduced a blockchain-based Digital Markets Infrastructure (DMI) platform specifically designed for private funds, successfully facilitating its inaugural transaction. Powered...

Robinhood Launches Fund to Provide Retail Investors Access to Private Markets

Robinhood is set to unveil its new fund aimed at providing retail investors with access to private markets. The Robinhood Ventures Fund I (RVI) has...

Google Cloud Launches Blockchain Solution to Compete with Stripe and Circle

Google Cloud's head of Web3 strategy has recently highlighted the company's Universal Ledger Layer-1 blockchain as a "credibly neutral" foundation for financial services, positioning it...

Zelle Reports Only 0.02% of Transactions Lead to Fraud or Scam Claims

Zelle is proactively addressing a lawsuit from New York's attorney general, who alleges that the platform failed to protect users from significant fraud. The P2P...