FintechDaily – Page 265 – Fresh Dose of Fintech News

Lightyear Introduces Business Investment Account

Retail investment platform Lightyear is expanding into the small business sector by launching UK business accounts and providing freelancers and sole directors access to money...

BIS Innovation Hub Unveils New Prototype for Central Bank Digital Currency (CBDC)

Tourbillon is an innovative project designed to enhance cyber resiliency, scalability, and privacy in the context of a prototype Central Bank Digital Currency (CBDC). Launched...

Mastercard Partners with Egyptian Fintech Fund for Investment

Mastercard has made an investment in Nclude, a venture capital platform for fintech, which was launched in collaboration with Egypt’s prominent national banks: Banque Misr,...

Northstar Secures $24.4 Million to Enhance Financial Wellness Benefit Platform

Northstar, a financial wellness benefit platform for employees, has successfully raised $24.4 million in a funding round featuring contributions from PayPal Ventures and Thomson Reuters...

Plaid Unveils Machine Learning Risk Engine Named ‘Signal’

Plaid has announced that after two years in beta, its machine learning (ML) risk engine, Signal, will be available to customers looking to enhance their...

Lloyds Partners with NayaOne to Launch Fintech Sandbox

UK high street bank Lloyds has intensified its engagement with fintechs by launching its Innovation Sandbox, developed in collaboration with NayaOne. The bank explains that...

JPMorgan Metals Traders Sentenced to Prison for Market Manipulation Scheme

Two former precious metals traders at JPMorgan Chase have been sentenced to prison for their involvement in fraud, attempted price manipulation, and spoofing as part...

Indian Securities Depository Hit by Malware Attack

India's Central Securities Depositary Limited (CSDL) has reported the detection of malware on its systems. In a filing with the National Stock Exchange, CSDL stated...

Sella Group Launches Pilot Program for Biometric Fingerprint Card

Italy's Sella Group is piloting a biometric recognition credit card that enables users to make payments using their fingerprint. This initiative is spearheaded by Sella...

JPMorgan Develops Platform to Link Founders with Investors

JPMorgan Chase has launched a new platform called Capital Connect, designed to help startups connect with venture capital investors, as reported by Reuters. Currently operational,...