Latest News – Page 426

JPMorgan to Face $100 Million Penalty for Failing to Monitor Client Orders

JP Morgan will pay $100 million to settle a CFTC investigation that found the bank did not adequately monitor billions of client orders from 2014...

Visa to Integrate with QR Code Initiatives Across the Asia Pacific Region

Visa is partnering with various QR payments providers to facilitate cross-border payments in the Asia Pacific region. Lakala in Mainland China, Touch 'n Go Digital...

Deedster, a fintech focused on climate action, raises SEK 50 million in funding

Stockholm-based sustainability fintech Deedster has secured a SEK 15 million investment round led by Wellstreet. Deedster's SaaS platform provides personalized sustainability data and guidance to...

Lloyds Establishes Anti-Scam Task Force to Combat Fraudulent Websites

Lloyds has established an anti-scam working group aimed at addressing the issue of counterfeit websites.

BaFin Removes Limit on N26 Customer Onboarding

After more than two years, Germany's financial regulator BaFin has lifted the cap on the number of new customers that digital bank N26 can onboard....

100 Banks Prepared to Drive the Future of Payment Technology

EBAday continues its tradition of excellence, having served the Finextra and EBA community for 18 years. The next event will take place in Lisbon at...

Intelligent Money, SIPPs Provider, Enters Administration

UK wealth management firm Intelligent Money has entered administration after agreeing to a deal to sell its business and assets to fellow provider Quai. Richard...

Currensea Surpasses Crowdfunding Goal

Travel debit card Currensea has successfully raised over £1.7 million from 760 investors on the crowdfunding platform Seedrs within just four hours. Initially, Currensea aimed...

Ripple Contributes $25 Million to Crypto Super PAC

Ripple is investing $25 million into Fairshake, a federal super political action committee (PAC) that supports pro-crypto candidates for the 2024 U.S. elections. This latest...

New UK Government Should Require Big Tech to Fund Scam Prevention Efforts

The next UK government should introduce a bill that requires technology, social media, and telecom firms to contribute £40 million annually to combat fraud and...