FintechDaily – Page 283 – Fresh Dose of Fintech News

LexisNexis Risk Solutions Teams Up with Finextra Research for Trust:Live 2023

LexisNexis® Risk Solutions and Finextra Research will host Trust:Live 2023, an exclusive in-person event for fraud and identity decision-makers. This gathering will unite industry leaders,...

American Express Settles for $230 Million Over Claims of Deceptive Sales Practices

American Express has agreed to pay $230 million to settle charges related to alleged deceptive sales practices concerning credit card and wire transfer products offered...

Senators Call on Regulators to Address Zelle Fraud Issues

Senate Democrats, including Elizabeth Warren, have urged financial regulators to address fraud associated with the bank-owned Zelle P2P payments service. Zelle, operated by Early Warning...

Tech Nation to Cease Operations

The UK's Tech Nation is set to close following the loss of its £12.09 million Digital Growth Grant to Barclays Bank. Established by the Cameron...

Acquired.com Appoints Former Stripe and JPMorgan Executive Lee Clifton as COO

Acquired.com has appointed Lee Clifton, formerly Stripe's global head of payments performance and strategy, as its new chief operating officer. In this position, Clifton will...

MAS Initiates New Wave of Asset Tokenization Pilot Programs

The Monetary Authority of Singapore (MAS) is set to launch a new series of asset tokenization pilots in partnership with 17 international banks. This initiative...

Westpac Introduces New Anti-Scam Feature

Australian bank Westpac is implementing an additional security measure for online payments in response to increasing customer losses due to scams. Currently in testing, Westpac...

Greenspark Secures £1 Million in Funding for Climate-Tech Initiatives

Climate-tech startup Greenspark has secured £1 million in seed funding, with Fuel Ventures leading the round. Participants in this funding round include Pitchdrive, 1818 Venture...

Offline CBDC: A Catalyst for Enhanced Financial Inclusion and Privacy

An offline central bank digital currency (CBDC) could serve as a complement to cash, enhancing financial inclusion and safeguarding privacy, according to a recent note...

Trump Meme Coin Plummets as Melania Joins the Spotlight

Incoming US president Donald Trump witnessed a rapid decline in the market capitalization of his newly launched meme coin, $Trump, which saw its value drop...