FintechDaily – Page 16 – Fresh Dose of Fintech News

North Korean Hackers Set to Liquidate $40 Million in Stolen Bitcoin

North Korean cybercriminals are anticipated to liquidate $40 million in stolen bitcoin in the coming days. According to the FBI, within the last 24 hours,...

Instant Payments and Generative AI: The Key Catalysts Shaping the Industry

Digitization and the benefits of modern technology were central themes during the afternoon sessions at EBAday in Lisbon, Portugal. In the first digitization panel, Olivier...

Elifinty Launches: A New Financial Wellness Fintech Solution

UK startup Elifinty has introduced its open banking-based "socially conscious" debt management platform aimed at helping consumers and creditors navigate the often fragmented and confusing...

Rent Reporting Platform Boom Secures $4.5M in Funding

Rent reporting platform Boom has secured $4.5 million in a seed funding round, with participation from Plaid co-founders William Hockey and Zach Perret, as well...

Wall Street Investors Navigate the Canton Network Blockchain Platform

A number of prominent financial institutions, including Goldman Sachs and BNY Mellon, have participated in a pilot of Digital Asset's Canton Network blockchain platform, which...

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...