FintechDaily – Page 2 – Fresh Dose of Fintech News

FundGuard Secures $100 Million in Funding

FundGuard, a cloud-native, AI-powered multi-asset class investment accounting platform, has successfully completed a $100 million Series C funding round led by Key1 Capital. Participating in...

Cisco Purchases Cybersecurity Firm Splunk in $28 Billion Acquisition

Cisco Systems has announced its largest-ever acquisition, agreeing to pay $28 billion for cybersecurity company Splunk. This move aligns with Cisco's strategy to enhance its...

Fiserv Appoints Ex-JPMorgan Payments Leader Georgakopoulos

Fiserv has appointed Takis Georgakopoulos, the former global head of payments at JPMorgan Chase, as a senior advisor, executive vice president, and member of the...

Enfuce Collaborates with Kvika Bank of Iceland

Building on the growing Card-as-a-Service (CaaS) trend, Enfuce has partnered with Kvika Bank to enhance its payment services by launching a Visa credit card, integrating...

Swift Applauds Success of CBDC Connector Testing Outcomes

Swift has announced that its recent round of sandbox testing has demonstrated that its central bank digital currency (CBDC) interlinking technology can effectively enable financial...

Samsung Next Makes Investment in Curve

The venture arm of electronics giant Samsung has made a strategic investment in all-in-one card app Curve. Curve has now raised over $250 million in...

Atoa, the open banking payments startup, secures $6.5 million in funding

Atoa Payments, a UK startup leveraging open banking to provide merchants with an alternative to debit card payments, has secured $6.5 million in a seed...

Chase UK to Prohibit Cryptocurrency Transactions

Chase UK has announced a ban on crypto-related transactions through its mobile app in response to rising concerns over fraud. Starting mid-October, customers will be...

Klarna Sells Its Checkout Division

Klarna is selling its online checkout business to a consortium of investors for approximately €485 million to eliminate the conflict of interest arising with partners...

Former Barclays CEO Declares Banks Are Turning into “Museums of Technology”

Ex-Barclays CEO Antony Jenkins has criticized banks as "museums of technology," claiming they have not fully embraced genuine digital transformation and are losing substantial numbers...