FintechDaily Staff – Page 291

U.S. Financial Services Giants Investigate Multi-Asset Settlement through Share Ledger Technology

A group of leading US financial services companies, including Citi, JP Morgan, and Visa, is engaging in a proof-of-concept (PoC) for a Regulated Settlement Network...

EBL Set to Introduce the World’s First Biometric Metal Card

Eastern Bank in Bangladesh is set to launch what it claims to be the world's first biometric metal card aimed at premium customers. Scheduled for...

Stables Introduces Virtual Card for Stablecoin Use in Europe

Australian stablecoin payment startup Stables has officially launched in Europe, introducing a Mastercard virtual card. This expansion follows a partnership with Mastercard in Australia, where...

Funding Secured: Financial Management Platform for Multi-Entity Businesses Raises £5 Million

Translucent, a London-based accounting and financial management platform catering to multi-entity businesses, has successfully raised £5 million in a seed funding round co-led by Chalfen...

Turkish Payment Platform Craftgate Secures £1 Million Investment

Istanbul-based payments orchestration platform Craftgate has received a $1 million investment from the Turkish e-commerce platform Hepsiburada and UK venture capital firm D4 Ventures. Craftgate...

Brazil Postpones Introduction of Recurring Pix Payments

The Brazilian central bank has postponed the introduction of recurring payments on its Pix platform from October to next June. Automatic Pix will enable users...

Anthony Thomson Launches Acceleration Partner to Propel Fintech Startups

Anthony Thomson, a serial entrepreneur known for co-founding several challenger banks, is launching a new venture called Archie, designed to serve as an "acceleration partner"...

BBVA Presses Ahead with Hostile Takeover Offer for Banco Sabadell

Spanish incumbent bank BBVA has launched a hostile takeover bid to acquire rival Banco Sabadell. Earlier this week, Sabadell rejected BBVA's offer of €12 billion,...

Revolut Hit with Class Action Lawsuit in the US Over Biometric Data Collection

Revolut is currently facing a class action lawsuit in Illinois, with allegations that the UK-based fintech giant has unlawfully collected, used, and stored customers' biometric...

UK Open Banking Reaches 10 Million Users

More than 10 million consumers and small businesses in the UK are now regularly benefiting from open banking technology. This milestone is reached six-and-a-half years...