FintechDaily Staff – Page 235

Offline CBDC: A Catalyst for Enhanced Financial Inclusion and Privacy

An offline central bank digital currency (CBDC) could serve as a complement to cash, enhancing financial inclusion and safeguarding privacy, according to a recent note...

Trump Meme Coin Plummets as Melania Joins the Spotlight

Incoming US president Donald Trump witnessed a rapid decline in the market capitalization of his newly launched meme coin, $Trump, which saw its value drop...

Egypt’s MNT-Halan Achieves Unicorn Status

Private investing firm Chimera Abu Dhabi has acquired a 20% stake in Egyptian fintech MNT-Halan for $200 million. MNT-Halan is currently negotiating with investors for...

Capital One Customers Experience Service Disruption

Capital One has resolved an issue with a third-party vendor that temporarily prevented some customers from accessing their accounts. Customers began reporting difficulties on Thursday,...

La startup española de gestión de efectivo Snab recauda 1,1 millones de euros.

Snab, a Spanish startup focused on business-to-business payments and cash management, has successfully secured €1.1 million in pre-Seed funding. YCombinator led this funding round, with...

Commerzbank Receives License for Cryptocurrency Custody

Commerzbank has made history by becoming the first full-service commercial bank in Germany to receive a crypto custody license. In 2020, Germany introduced a new...

Fed Governor Waller Involved in Zoom-Bombing Incident Featuring Adult Content

Federal Reserve governor Christopher Waller had to cut short his remarks during a Zoom conference after a participant hijacked the call and displayed pornography. The...

Bank of Ireland’s Fraud Prevention Team Handles Over 10,000 Calls During the Holiday Season

Bank of Ireland has reported that its fraud prevention team received over 10,000 calls from customers during the peak holiday period spanning from Monday, December...

CFIT Appoints Ezechi Britton as CEO Amidst Fintech Growth

The Centre for Finance, Innovation and Technology (CFIT), a UK body focused on removing growth barriers for fintech, has appointed Ezechi Britton as its inaugural...

MyPOS Purchases French Cash Register Company Toporder

London-based fintech myPOS has made its first acquisition, acquiring the French cash register company Toporder. This acquisition enables myPOS to expand its presence in the...