FintechDaily Staff – Page 287

BNP Paribas Enters Comprehensive Payment Partnership with Ant International

BNP Paribas is partnering with China's Ant International to enhance cross-border payment services for merchants and consumers in Europe. Through a Memorandum of Understanding (MoU),...

DORA Comes into Effect Today

Today marks the deadline for compliance with the Digital Operational Resilience Act (DORA) in the EU. DORA takes effect today, implementing a comprehensive framework aimed...

Australian Banks Introduce Comprehensive Scam Protection Initiatives

The Australian banking industry is implementing a series of reforms aimed at enhancing customer protection against scams, highlighted by a $100 million investment to develop...

Emea Fintech Faces Significant Funding Decline Amid Downturn

The European fintech sector faced significant challenges during the first half of 2023, experiencing a steep decline in funding that fell by more than 50%...

Stripe’s Valuation Reaches $70 Billion

Sequoia Capital has reached out to investors with an opportunity to purchase shares in Stripe, valuing the company at $70 billion. Sequoia, which invested in...

Vanquis Banking Group Purchases Money-Saving App Snoop

Vanquis Banking Group has acquired Snoop, the money-saving app founded by former Virgin Money chief Jayne-Anne Gadhia. Snoop utilizes Open Banking technology to link to...

NatWest Unveils Board Game to Raise Awareness About Scams

NatWest has unveiled a new board game, 'All Mod Cons,' just in time for Christmas, aimed at educating the public about modern scams. The game,...

Argentinian Fintech Tapi Secures $22 Million in Funding

Argentinian payments processor Tapi is expanding into the Mexican market after securing $22 million in funding. The Series A funding round was led by Kaszek,...

Singapore Central Bank Commits $150 Million to Boost Innovative Fintech Initiatives

Singapore's central bank is set to allocate up to $150 million over the next three years to support startups focused on developing innovative financial technologies....

Alphabet and Microsoft Stocks Surge Driven by AI Investments

Share prices of major tech companies Google and Microsoft surged on Friday, driven by significant investments in artificial intelligence (AI) that yielded immediate financial returns....