Latest News – Page 432

Argentinian Fintech Ualá Achieves $2.75 Billion Valuation After Securing $300 Million in Funding

The VC arm of insurance giant Allianz has led a $300 million Series E funding round for Ualá, valuing the Argentinian mobile banking provider at...

Allium Secures $16.5 Million for Its Blockchain Data Platform

Allium, a blockchain data platform collaborating with major players like Visa and Stripe, has successfully raised $16.5 million in a Series A funding round. The...

BBVA Asset Management Launches Pilot for ‘Tokenized’ Fund

BBVA Asset Management is exploring the integration of blockchain technology into a "tokenized" investment fund. The bank has registered its short-term fixed-income fund with the...

MoneyGram Stumbles Due to Cybersecurity Incident

MoneyGram has reported a "cybersecurity issue" that has resulted in an outage, preventing users from sending money for several days. On Saturday, the company announced...

Australia Invites Industry Engagement for CBDC Initiative

The Reserve Bank of Australia (RBA) is inviting industry participants to engage in the experimental research phase of a project focused on developing a wholesale...

How Gamification in Trading Apps Encourages Increased Risk-Taking

Gamification features like push notifications and prize draws utilized by trading apps can heighten users' risk-taking behaviors, according to research conducted by the Financial Conduct...

Fintech Accelerator Archie Expands Portfolio with Ekko and Wamo Addition

A new fintech "acceleration partner" led by Atom and Metro Bank co-founder Anthony Thomson has appointed its first two portfolio companies, supporting SME banking and...

Fed Unveils ScamClassifier Model

The Federal Reserve has introduced a new tool known as the ScamClassifier model, aimed at enhancing the payments industry's capabilities in scam reporting, detection, and...

Agicap Secures €45 Million in Series C Funding for Treasury Management Platform

French treasury management platform Agicap has successfully completed a €45 million Series C funding round, led by AVP. Founded in 2016, Agicap focuses on the...

Central Banks Need to Step Up in Response to AI Challenges

Central banks should leverage artificial intelligence to enhance their analytical capabilities in achieving financial and price stability, as highlighted by the Bank for International Settlements...