FintechDaily Staff – Page 274

Swedish Central Bank Urges Banks to Take Action on Tips Cross-Currency Initiative

Sweden's central bank is urging banks to collaborate on the ongoing initiative aimed at facilitating instant cross-currency payments within Europe through the Target Instant Payment...

Santander Cautions UK Residents About Romance Scammers’ ‘Love Language’ Tactics

Santander has collaborated with dating expert Anna Williamson to raise awareness about the ‘love language’ that can signal romance scams, which are currently targeting nearly...

Navigating the Paradox of Cross-Border Real-Time Payments

The second day of EBAday 2024 in Lisbon featured engaging panel discussions centered on real-time payments. During the panel titled ‘Accelerating the Creation of Real-Time...

Flutterwave CEO Discusses the Importance of Trust in Business

Ahead of Money20/20 in Amsterdam, Finextra spoke to Olugbenga 'GB' Agboola, CEO of Flutterwave, about Europe's approach to supporting the fintech industry and the importance...

FCA to Eliminate £100 Limit on Contactless Payments

The UK Financial Conduct Authority (FCA) plans to eliminate the £100 limit on contactless payments and introduce a new open finance framework aimed at improving...

Endless Possibilities in Open Banking

Money20/20's annual Europe event commenced with a session focused on the advancements in open banking. The first session, titled "From Concept To Reality: Five Years...

SEC Unveils Crypto Task Force, Aiming for Improved Oversight

With Donald Trump in power, the new acting chairman of the Securities Exchange Commission (SEC) is shifting the watchdog’s approach to digital assets by launching...

Bank of Canada Investigates the Effects of Quantum Computing on Central Bank Digital Currencies

The Bank of Canada has engaged local specialist evolutionQ for a research initiative focused on quantum-safe cybersecurity technologies for prospective digital currencies. The Bank is...

Monzo Introduces ‘Status Call’ Feature to Combat Impersonation Scams

Monzo has launched a new in-app feature called 'status call' to help customers identify whether they are receiving a call from authentic bank staff or...

EBAday 2024: Collaborative Success Stories

At EBAday 2024 in Lisbon, Niamh Curran from Finextra moderated a lunchtime session titled ‘Rising Stars’. The panel included Luca Kotton, platform owner at Investec...