FintechDaily – Page 121 – Fresh Dose of Fintech News

Nets and SoftPay Help 7-Eleven Recover from Ransomware Attack

Nordic payments operator Nets and Softpay swiftly equipped all 7-Eleven stores across Denmark with an emergency tap-to-pay SoftPOS kit following a cyberattack that disabled the...

Yavrio Secures $2.4 Million in Funding to Eradicate CSV Files in Open Banking Fintech

London-based open banking fintech Yavrio has successfully secured $2.4 million in seed funding aimed at integrating embedded banking within the enterprise resource planning (ERP) sector....

Digital Payment Startup NoFrixion Secures €3.6 Million in Funding

Dublin-based NoFrixion, a business payments startup co-founded by a Bitcoin Core developer, has successfully raised €3.6 million in a funding round led by Delta Partners...

Vesttoo Seeks Bankruptcy Protection

Crisis-hit fintech Vesttoo has filed for Chapter 11 bankruptcy protection. The Israeli-based firm, which utilizes artificial intelligence technology to bridge the insurance industry and capital...

EBA Releases Comprehensive Fraud Taxonomy

The Euro Banking Association (EBA) has publicly released its payment fraud taxonomy in an effort to address the increasing threats to the European payments system....

Bank North Faces Collapse

Bank North, a Manchester-based banking startup aimed at disrupting the UK’s £150 billion SME lending market, is set to wind down operations after failing to...

MoneyGram Expands Its Portfolio with Investment in UAE Startup Jingle Pay

MoneyGram has acquired a 12% stake in Jingle Pay as part of a broader partnership aimed at engaging with the UAE's significant expatriate community. The...

Simon Callow Tells Chilling Tales of Fraud

Legendary actor Simon Callow has teamed up with NatWest to narrate real-life Halloween horror stories centered on the dangers of fraud. The star of "Four...

Serena and Venus Williams Invest as Shareholders in Shares

Tennis champions Venus and Serena Williams have invested in the European social and community-based investment app Shares, and they have been appointed as the company's...

Innovate Finance Launches Startup Academy for Early and Mid-Stage Fintech Firms

The Fintech industry body Innovate Finance is launching a new Startup Academy aimed at supporting early and mid-stage founders and CEOs in the UK to...