FintechDaily – Page 209 – Fresh Dose of Fintech News

FS-ISAC Provides Guidance on Quantum Computing Risks for the Payment Card Industry

With the advancement of quantum computing, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has released guidance to help the payment card industry address...

87% Experienced AI-Powered Cyberattacks in 2024

SoSafe’s report delves into the global tension between AI adoption and the resulting security risks, reflecting the insights of 500 security professionals and 100 SoSafe...

Ex-Equifax Executives Introduce New KYB Platform

Trust2Connect (T2C), a startup founded by former Equifax executives, has launched an AI-driven Know Your Business (KYB) platform designed to enhance B2B verification processes, speed...

Lloyds Pursues Startups for ‘Launch Innovation’ Program

Lloyds Banking Group is now accepting applications for this year's 'Launch Innovation' programme, aimed at finding potential business partnerships. The bank is seeking ambitious companies...

Flex Secures $25 Million to Develop Comprehensive Business and Personal Financial Management Platform

Flex, a fintech company focused on automating back-office operations for business owners, has successfully raised $25 million in an equity funding round led by Titanium...

Grain Secures $50 Million to Enhance AI-Powered FX Optimization and Hedging Platform

Startup Grain has successfully raised over $50 million to develop an AI-driven platform focused on foreign exchange optimization and hedging. Founded in 2022, the company...

Visa Sees Surge in Tap to Phone Adoption

Tap to Phone, Visa's innovative technology that transforms smartphones into payment terminals, has seen a significant increase in usage, with a 200% rise globally over...

The Payments Association Unveils 2025 Manifesto Recommendations for UK Growth

The Payments Association has unveiled its Payments Manifesto 2025, urging the UK government to adopt 66 policies recommended by industry professionals. The manifesto outlines significant...

Ramp’s Valuation Reaches $13 Billion

Finance automation and corporate credit card platform Ramp has achieved a $13 billion valuation following a $150 million secondary investment from employees and early backers....

Bill-Splitting App Cino Secures €3.5 Million Funding to Launch in the UK

Lithuanian bill-splitting startup Cino has successfully raised €3.5 million in Seed funding, led by Balderton Capital, to facilitate its expansion into the UK market. Founded...