FintechDaily – Page 223 – Fresh Dose of Fintech News

AML Regulations Increasing Compliance Costs Throughout the UK

A recent report from LexisNexis Risk Solutions highlights that escalating Anti-Money Laundering (AML) regulations are driving up compliance costs for financial institutions in the UK,...

TMX Group Acquires Stake in VettaFi

Canadian exchange operator TMX Group has acquired a 21% stake in data, analytics, indexing, and digital distribution firm VettaFi for US$175 million. In addition to...

BBVA Mexico Revamps Its Credit Card Offerings

BBVA Mexico is revamping its credit and debit cards by incorporating biometrics, eliminating printed data, and utilizing recycled plastic. The new Aqua cards will not...

VTB and Visa Trial ‘Pay-by-Glance’ Technology

Russia's VTB is collaborating with Visa and a local fintech to enable restaurant customers to make payments simply by looking at a camera. The bank...

Semafone, a Call Centre Data Security Firm, Secures Majority Investment

Call centre data security and compliance specialist Semafone has secured a majority investment from private equity firm Livingbridge, although the terms of the deal remain...

BNP Paribas Makes Investment in AccessFintech

BNP Paribas has become the latest banking institution to invest in AccessFintech, contributing to an already announced Series C funding round for the capital markets...

Modernization: A Driving Force Toward Payment Utopia

With day two now completed, we are beginning to reflect on the incredible wealth of insights shared across six panel sessions, two roundtables, a dynamic...

Fed Official Cautions That CBDCs Might Become an Embarrassing Fad

The Federal Reserve's chief of supervision has recently addressed the topic of Central Bank Digital Currencies (CBDCs), likening them to the parachute pants popularized by...

Berlin Startup Integral Secures €6.3 Million in Funding

Integral, a Berlin-based startup specializing in accounting, taxation, and payroll services for SMEs, has successfully raised €6.3 million in a funding round led by General...

Former Stripe Employees Secure $6 Million for AI-Driven ‘Wealthcare’ Initiative

Era, an AI-driven personal wealth management startup founded by former Stripe employees, has successfully raised $6.2 million in seed funding. This financing round was co-led...