FintechDaily – Page 175 – Fresh Dose of Fintech News

Comun Secures $21.5 Million Funding for Immigrant-Centric Neobank

Comun, a Latino-founded neobank serving immigrants in the US, has successfully raised $21.5 million in a Series A funding round. This follows a $4.5 million...

FCA Chair Allegedly Discloses Identity of Internal Whistleblower

Ashley Alder, chair of the FCA, has been accused of disclosing the identity of an internal whistleblower, contravening the regulator's policy designed to protect such...

Revolut Dominates the Fraud Rankings by a Wide Margin

The BBC has reported that Revolut topped the list for reported fraud cases in the last financial year, surpassing all major High Street banks. The...

JPMorgan Renames Onyx to Kinexys to Lead in Blockchain Innovation

JP Morgan has rebranded its Onyx blockchain unit as Kinexys by JP Morgan, signaling the banking giant's intention to integrate blockchain technology into mainstream financial...

Deutsche Bank Resolves Most Claims in Postbank Case

Deutsche Bank has been pursuing the acquisition of Postbank since 2008, but has encountered difficulties in reaching a settlement with Postbank shareholders. Recently, Deutsche Bank...

FCA Regulations and Lengthy Approval Processes Hinder the UK’s Ambitions to Emerge as a Global Crypto Hub

British ambitions to establish itself as a global crypto hub are being hampered by a conservative regulatory environment, resulting in a 51% drop in registration...

Busha and Quidax Receive Provisional Licenses from Nigerian SEC

Nigerian cryptocurrency exchange platforms Busha and Quidax have secured the first provisional licenses from the Nigerian Securities and Exchange Commission (SEC) under the Accelerated Regulatory...

UAE Payment Fintech Ziina Secures $22 Million in Series A Funding

UAE-based payments fintech Ziina has raised $22 million in a Series A funding round led by Altos Ventures, with participation from prominent investors such as...

Fed Governor Waller Cautious About Linking Fast Payment Systems

Federal Reserve governor Christopher Waller has expressed caution regarding the push to interlink national fast payment systems, emphasizing that the US is prioritizing the development...

Singapore to Equip Police with Authority to Halt Voluntary Bank Transfers to Scammers

Singapore's Ministry of Home Affairs is initiating consultations on new legislation intended to grant police the authority to direct banks to limit the banking activities...