FintechDaily Staff – Page 345

Kennek, the Lender-in-a-Box Startup, Secures $12.5 Million in Funding

London-based fintech Kennek has successfully secured $12.5 million in a seed funding round, led by HV Capital, with participation from Dutch Founders Fund, AlbionVC, FFVC,...

Turkey’s Papara Collaborates with DriveWealth to Provide US Stock Trading for Customers

Turkish fintech Papara is collaborating with DriveWealth to enable its 20 million users to invest in US stocks on the Nasdaq and NYSE in real-time....

Mastercard Enhances Fraud Detection Using Generative AI

Mastercard is significantly enhancing its fraud detection technology through generative AI, capable of analyzing a trillion data points to assess the authenticity of transactions. The...

Monzo Experiences Service Disruption Affecting Customer Payments

Thousands of Monzo customers experienced payment issues on Tuesday due to a technical glitch in the digital bank's app. Customers began reporting problems on Downdetector...

Untangled Finance Secures $13.5 Million to Transition Institutional-Grade Private Credit On-Chain

UK fintech Untangled Finance has successfully secured $13.5 million for its platform, designed to provide institutional-grade credit with an integrated liquidation mechanism on-chain. Fasanara Capital...

DBS Transforms Treasury Management for Ant International Through Tokenization

Singapore's DBS is partnering with Ant International on a blockchain-based tokenization project aimed at enhancing intra-group treasury and liquidity management around the clock. The pilot...

Carefull Secures $16.5 Million to Enhance Financial Safety for Seniors

Carefull, an AI-powered financial safety platform designed to assist banks and wealth advisors in protecting aging customers from scams and financial errors, has successfully raised...

Apple to Allow Third-Party Access to NFC Payment Systems

Apple is expanding access to its NFC chip technology, which enables iPhone users to make contactless payments, allowing third-party providers in various countries, including the...

Emirates NBD and DIFC Unveil Fintech Incubator Initiative

Emirates NBD is aiming to nurture the next generation of fintech talent in the UAE with the launch of its ‘National Digital Talent Incubator’ programme,...

BBVA Launches the Financial Sector’s Pioneer Biodiversity Bond

BBVA Colombia and the International Finance Corporation (IFC) are set to issue the financial sector’s first biodiversity bond. BBVA will issue a total of $50...