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Wednesday, December 17th, 2025
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FintechDaily Staff

UK Shoppers Express Frustration Over Payment Outage

UK Shoppers Express Frustration Over Payment Outage
On Thursday, UK shoppers experienced a significant payments outage that hindered online and card transactions using Visa and Mastercard. Major retailers, including Sainsbury's, ASDA, and...
FintechDaily Staff
January 17, 2025

JP Morgan Supports Tifin’s AI-Driven Wealth Management Initiative

JP Morgan Supports Tifin’s AI-Driven Wealth Management Initiative
JP Morgan is investing in a new AI-focused venture from Tifin, a group that encompasses various wealth management fintech businesses. Tifin.AI builds upon Tifin Studios,...
FintechDaily Staff
January 17, 2025

Shift4 Payments and SEC Settle Disclosure Violation Dispute

Shift4 Payments and SEC Settle Disclosure Violation Dispute
Shift4 Payments, the company founded by Jared Isaacman, who has been nominated by Donald Trump to lead NASA, has reached a $750,000 settlement with the...
FintechDaily Staff
January 17, 2025

Robinhood Agrees to $45 Million Settlement Amid Multiple Regulatory Violations

Robinhood Agrees to $45 Million Settlement Amid Multiple Regulatory Violations
Robinhood has agreed to pay $45 million to settle various charges from the SEC related to its brokerage operations. According to the SEC’s order, Robinhood...
FintechDaily Staff
January 17, 2025

Partior, a DLT-based Payments Network Backed by Banks, Secures $60 Million in Funding

Partior, a DLT-based Payments Network Backed by Banks, Secures $60 Million in Funding
Partior, a fintech supported by several major banks, has successfully secured $60 million in Series B funding to enhance its global unified ledger-based system for...
FintechDaily Staff
January 17, 2025

Bank of England and NYDFS Exchange Experts in Emerging Payments and Digital Assets

Bank of England and NYDFS Exchange Experts in Emerging Payments and Digital Assets
The Bank of England and New York's Department of Financial Services have established a resource sharing agreement that facilitates the exchange of senior staff with...
FintechDaily Staff
January 17, 2025

UK Fintechs Bloom Money and SuperFi Successfully Complete Seed Funding Rounds

UK Fintechs Bloom Money and SuperFi Successfully Complete Seed Funding Rounds
Bloom Money, a UK startup focused on providing financial services to immigrants, has secured £1 million in pre-seed funding. Another UK startup, SuperFi, has also...
FintechDaily Staff
January 17, 2025

Many UK BNPL Users Unaware of Late Fees

Many UK BNPL Users Unaware of Late Fees
Just half of BNPL (Buy Now, Pay Later) users in the UK are aware of late payment fees, and even fewer know the potential amounts...
FintechDaily Staff
January 17, 2025

Google Fund Backs KYB Verification Startup Arva AI

Google Fund Backs KYB Verification Startup Arva AI
Google's early-stage AI fund has led a $3 million seed round for Arva AI, a startup focused on helping banks and fintech companies automate their...
FintechDaily Staff
January 17, 2025

Block Faces $255 Million in Penalties Due to Cash App Shortcomings

Block Faces $255 Million in Penalties Due to Cash App Shortcomings
Block has been ordered to pay a total of $255 million by state regulators and the Consumer Financial Protection Bureau (CFPB) due to failures in...
FintechDaily Staff
January 17, 2025

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