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FintechDaily

Fresh Dose of Fintech News
Wednesday, November 12th, 2025

NAB Aims to Eliminate Passwords Within Five Years

NAB Aims to Eliminate Passwords Within Five Years
National Australia Bank (NAB) plans to eliminate passwords for internet banking within the next five years, transitioning to passkeys and biometric recognition technology for enhanced...
FintechDaily Staff
February 17, 2025

Binance Withdraws from FTX Acquisition

Binance Withdraws from FTX Acquisition
Binance has announced that it will not proceed with its plans to acquire FTX, referencing the outcomes of its due diligence and reports regarding U.S....
FintechDaily Staff
February 17, 2025

20% of Consumers Fell Victim to Scammers in 2024

20% of Consumers Fell Victim to Scammers in 2024
New research from Barclays Bank reveals that one in five consumers fell victim to a scam in the past year. The study, conducted by Censuswide...
FintechDaily Staff
February 17, 2025

FTX Seeks U.S. Bankruptcy Protection as Bankman-Fried Resigns

FTX Seeks U.S. Bankruptcy Protection as Bankman-Fried Resigns
Cryptocurrency exchange FTX has initiated Chapter 11 bankruptcy proceedings in the United States, with founder Sam Bankman-Fried stepping down as CEO. Around 130 affiliated companies,...
FintechDaily Staff
February 17, 2025

Thieves Use Boat-Lifting Straps to Pull Cash Machines from Car

Thieves Use Boat-Lifting Straps to Pull Cash Machines from Car
Heavy-duty straps used for lifting boats out of the water have been associated with a series of cash machine raids in Worcestershire. West Mercia police...
FintechDaily Staff
February 17, 2025

ASX Faces A$250 Million Loss Following Cancellation of DLT-Based Chess Replacement Initiative

ASX Faces A$250 Million Loss Following Cancellation of DLT-Based Chess Replacement Initiative
The Australian Securities Exchange (ASX) has decided to terminate its long-delayed blockchain-based post-trade network project, resulting in a financial write-off of approximately A$250 million. Since...
FintechDaily Staff
February 17, 2025

BNP Paribas Partners with Oracle for Cloud Solutions

BNP Paribas Partners with Oracle for Cloud Solutions
BNP Paribas has announced its decision to integrate Oracle Exadata Cloud@Customer into its cloud strategy, aiming to enhance security and personalize customer experiences within its...
FintechDaily Staff
February 17, 2025

Fedwire Funds Service ISO 20022 Migration Postponed to July

Fedwire Funds Service ISO 20022 Migration Postponed to July
Federal Reserve Financial Services (FRFS) has postponed the rollout of ISO 20022 for the Fedwire Funds Service from March to July. Despite several years of...
FintechDaily Staff
February 17, 2025

Chainalysis Acquires AI Fraud Detection Company Alterya

Chainalysis Acquires AI Fraud Detection Company Alterya
Blockchain analysis leader Chainalysis has acquired Alterya, a startup specializing in generative AI-powered fraud detection. Alterya collaborates with major cryptocurrency exchanges and fintech companies, including...
FintechDaily Staff
February 17, 2025

GoTo Group Reduces Workforce by 12%

GoTo Group Reduces Workforce by 12%
Indonesian tech group PT GoTo Gojek Tokopedia Tbk has announced plans to lay off 12% of its workforce, equating to approximately 1,300 employees. In a...
FintechDaily Staff
February 17, 2025

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