FintechDaily Staff – Page 249

Lloyds Partners with PrimaryBid to Link Customers to Capital Markets

Lloyds Banking Group is integrating technology from PrimaryBid to offer retail investors access to public company capital raises, including both equity and debt options. The...

Danish Fintech Ageras Secures €82 Million for Acquisition Ventures

Danish accounting software fintech Ageras is actively pursuing acquisitions following the successful raising of €82 million in funding. The oversubscribed private placement round saw participation...

Financial Cloud Summit 2023: Embracing the Era of Exponential Change

The inaugural Financial Cloud Summit hosted by Finextra featured Piers Linney, entrepreneur and CEO of Moblox, who set the tone for discussions on cloud strategy,...

ECEX Enforces AML Compliance Through Facial Recognition at Currency Exchange Machines

Currency exchange machines equipped with facial recognition technology have been deployed in various airports and travel hubs throughout Europe to combat money laundering. Swiss manufacturer...

ChatGPT Advocates for Multi-Cloud Strategies in Banking

Cloud migration has become a significant focus within the financial sector, as both traditional banks and emerging fintech companies transition to cloud services to achieve...

Monese Divides into Two Entities

Mobile banking startup Monese has announced its decision to split the business into separate consumer-facing and corporate entities, alongside new funding achievements. The Monese brand...

Singapore’s Fintech Transactions Hit All-Time Highs

Singapore's fintech sector experienced a mixed year in 2022, highlighted by a record level of activity despite a significant decline in funding, according to recent...

Customer Scammed Out of £60,000 by Fraudster Impersonating Santander’s Head of Fraud

A customer of Santander Bank lost £60,000 after transferring funds to a criminal impersonating the bank's head of fraud, Chris Ainsley. The incident began when...

Sezzle Embraces Gamification to Promote Timely Payments in BNPL Services

Buy now, pay later provider Sezzle is gamifying on-time payments with a new loyalty program aimed at promoting financial responsibility. Named Payment Streaks, this feature...

Innovative Lending Fintech Abound Secures £500 Million Funding Round

Abound, a UK-based fintech that leverages open banking and artificial intelligence to provide consumers with improved loan deals, has successfully raised £500 million through a...