FintechDaily Staff – Page 250

AXA IM Executes Initial Market Transaction with Stablecoins

AXA Investment Managers has successfully completed its first live market transaction using stablecoins issued by SG Forge, the digital asset arm of Societe Generale. For...

Fitbit Pay Users Transitioned to Google Wallet

Google is discontinuing Fitbit Pay in most countries and transitioning users to its Google Wallet system. Fitness tracking pioneer Fitbit has been providing contactless payment...

Brazilian B2B Payments Platform Barte Secures $3 Million in Funding

Brazilian business-to-business payments platform Barte has secured $3 million in a seed funding round. The funding, which follows a pre-seed round six months earlier, was...

New Malware Variant Emerges in Eastern Asia

A new strain of phishing malware that impersonates legitimate applications to steal user credentials and banking information has emerged in Eastern Asia. Typically distributed via...

Checkout.com and Mastercard Join Forces to Introduce Virtual Cards for Online Travel Agents

Digital payments provider Checkout.com has announced a partnership with Mastercard to offer virtual cards for Online Travel Agents (OTAs). This collaboration will enable Checkout.com customers...

UK BaaS Platform Griffin Transitions to Full Banking Institution

UK Banking-as-a-Service platform Griffin has received authorization as a UK bank, albeit with certain restrictions. The company is now listed on the Financial Conduct Authority...

Tide kooperiert mit Adyen auf dem deutschen Markt

Tide has announced its entry into the German market by offering business accounts, marking the company's first step in expanding across Europe. The initiative is...

LSE Disruption Affects Small-Cap Trading Activity

The London Stock Exchange experienced two outages on Tuesday, causing disruptions in trading for many small company shares. Trading on the FTSE small cap index...

UK Financial Fraud Reaches £1.2 Billion, While APP Losses Decline

The UK experienced a slight decrease in financial fraud losses in 2022, totaling £1.2 billion, primarily due to a 17% reduction in authorized push payment...

Namibia Embraces India’s UPI Technology

The Bank of Namibia has engaged NPCI International Payments to assist in developing an instant payments system modeled after India's highly successful UPI. Namibia will...