FintechDaily – Page 137 – Fresh Dose of Fintech News

NYC Subway Security Flaw Allows Tracking of Journeys Using Card Information

A security vulnerability in the New York subway’s contactless payment system allows individuals who have access to a rider's credit card information to view their...

Zilch Closes £100 Million Funding Round

With plans for an IPO in 2025, London-based buy now, pay later firm Zilch has successfully secured £100 million in securitised debt financing, arranged by...

Italy’s Sella Unveils AI Incubation Program

Italian banking group Sella has launched an international incubation programme aimed at startups focused on AI in finance. Managed by Sella's venture incubator dpixel, the...

Trump Readies Executive Order on Cryptocurrency

Incoming US president Donald Trump is poised to issue an executive order that will designate cryptocurrency as a national priority, as reported by Bloomberg. The...

Swedish Central Bank Urges Banks to Take Action on Tips Cross-Currency Initiative

Sweden's central bank is urging banks to collaborate on the ongoing initiative aimed at facilitating instant cross-currency payments within Europe through the Target Instant Payment...

Santander Cautions UK Residents About Romance Scammers’ ‘Love Language’ Tactics

Santander has collaborated with dating expert Anna Williamson to raise awareness about the ‘love language’ that can signal romance scams, which are currently targeting nearly...

Navigating the Paradox of Cross-Border Real-Time Payments

The second day of EBAday 2024 in Lisbon featured engaging panel discussions centered on real-time payments. During the panel titled ‘Accelerating the Creation of Real-Time...

Flutterwave CEO Discusses the Importance of Trust in Business

Ahead of Money20/20 in Amsterdam, Finextra spoke to Olugbenga 'GB' Agboola, CEO of Flutterwave, about Europe's approach to supporting the fintech industry and the importance...

FCA to Eliminate £100 Limit on Contactless Payments

The UK Financial Conduct Authority (FCA) plans to eliminate the £100 limit on contactless payments and introduce a new open finance framework aimed at improving...

Endless Possibilities in Open Banking

Money20/20's annual Europe event commenced with a session focused on the advancements in open banking. The first session, titled "From Concept To Reality: Five Years...