FintechDaily – Page 242 – Fresh Dose of Fintech News

Seon Secures $94 Million to Assist Fintechs in Compliance with Sanctions Requirements

Anglo-Hungarian fraud prevention startup Seon has successfully raised $94 million to facilitate its expansion into the US, Latin America, and Asia Pacific, along with the...

Coinbase Launches Global Trading Platform

Coinbase has launched a derivatives exchange for institutional investors outside the United States as part of its strategy to lessen its dependence on the domestic...

TSB Alerts Public to Rising Incidents of Impersonation Fraud

TSB has issued an urgent warning to customers regarding the rising rates of impersonation fraud, with victims losing an average of up to £4,000. The...

US Senators Criticize Zelle Amid Growing Fraud Concerns

US Senators Elizabeth Warren and Robert Menendez have criticized the bank-backed P2P payments app Zelle following reports of extensive fraud and scams occurring on the...

LSEG Chooses OpenFin to Power Workspace Platform on Customer Desktops

The London Stock Exchange (LSEG) is set to migrate its Workspace platform to OpenFin, enabling interoperability with thousands of internal applications created by banks and...

Ray-Ban Maker Files Lawsuit Against JPMorgan Over $272 Million Cyber Theft

A lawsuit has been filed against JPMorgan by the French manufacturer of Ray-Ban glasses, Essilor, for allegedly failing to prevent suspicious transactions that resulted in...

APP Reimbursement Code Expanded to Include More Institutions; CoP Requirement Established

The UK's Lending Standards Board (LSB) has announced updates to the Contingent Reimbursement Model (CRM) Code, a set of voluntary standards designed to protect individuals...

Santander Unveils Worldwide Blockchain Challenge

Banco Santander and the Oxentia Foundation are inviting startups and scaleups from 11 countries to participate in a blockchain challenge, presenting an opportunity to win...

Leading Financial Experts Support Interoperable Blockchain Network for Finance

BNP Paribas, Goldman Sachs, and Deutsche Börse Group are among several financial market participants supporting an initiative to create an interoperable blockchain network designed for...

Payments Canada Achieves Significant Milestones in Real-Time Rail Development

Payments Canada has announced significant advancements in its Real-Time Rail (RTR) payments system following the engagement of new technology partners. As part of an extensive...