Latest News – Page 389

MEP Amendments to PSR APP Fraud Liability Framework ‘Hinder Effective Fraud Prevention’

Copenhagen Economics and the Computer & Communications Industry Association (CCIA Europe) have highlighted significant flaws in the European Parliament's far-reaching extension of liability beyond payment...

Tembo, the savings and mortgage platform, secures £14 million in funding

London-based digital savings and mortgage platform Tembo has successfully raised £14 million in a Series B funding round led by Goodwater Capital. Existing investors, including...

Latvia Introduces Accelerated Pre-Approval Process for MiCA Compliance

The central bank of Latvia is enhancing its position as a fintech innovation hub by offering free pre-licensing consultations for crypto-asset service providers seeking the...

Swedish Spend Management Fintech Mynt Secures €22 Million in Funding

Swedish spend management fintech Mynt has successfully raised €22 million in a Series B funding round, significantly increasing its valuation to approximately €175 million. The...

US Investigates the Potential of a Settlement Network for Multi-Asset Transactions

The proof-of-concept for the Regulated Settlement Network (RSN) highlighted the potential of shared ledger technology to enhance multi-asset and cross-network transaction settlements for domestic users...

The Importance of Consistent Policies for Advancing Sustainable Finance

Following the 2022 Biodiversity Conference of Parties, global efforts have been directed toward the ambitious objectives of the Global Biodiversity Framework (GBF). Recently, stakeholders reconvened...

Finextra and the Euro Banking Association Call for Startups to Participate in the EBAday Fintech Zone

EBAday 2025, the annual summit for top payments and transaction banking executives, hosted by the Euro Banking Association (EBA) and Finextra, is now accepting applications...

Trump Appoints Former PayPal COO Sacks as Czar for Crypto and AI

Donald Trump has announced the appointment of former PayPal chief operating officer David Sacks as "White House AI and Crypto Czar." In a post on...

Warwick Business School Launches Fintech Innovation Lab

Warwick Business School has inaugurated a Fintech Innovation Lab in the West Midlands, following a £4.2 million investment. The lab aims to be a global...

Mastercard Targets Elimination of Passwords and Manual Card Entry by 2030

Mastercard is aiming to eliminate the need for manual card entry, passwords, and one-time codes for online purchases by 2030 through the use of tokenisation...