FintechDaily – Page 305 – Fresh Dose of Fintech News

EBA Clearing Launches Pilot for Pan-European Fraud Pattern and Anomaly Detection

EBA Clearing is preparing to launch an analytical pilot aimed at detecting pan-European fraud patterns and anomalies. The pilot, scheduled for July, precedes the rollout...

Citi Lawsuit Sparks Controversy Between CFPB and Industry Associations

A legal case concerning Citi's handling of customer complaints related to wire transfer fraud has sparked a disagreement between the Consumer Financial Protection Bureau (CFPB)...

FCA Teams Up with NayaOne to Launch Permanent Digital Sandbox

Jessica Rusu, Chief Data, Information, and Intelligence Officer at the FCA, addressed attendees at the Innovate Finance Global Summit at the Guildhall in London, focusing...

AI-Driven Credit Solutions for SMBs Secures $3.5 Million in Funding

AI-powered SMB credit advisor startup Charm Solutions has successfully raised $3.5 million in a seed funding round led by BootstrapLabs. Charm's SMB credit advisor service...

EquiLend Services Disrupted by Cyber Attack

EquiLend has informed its clients that services may be unavailable for several days due to a cyber-attack affecting the securities lending trading platform. On January...

Deutsche Bank Seeks Digital Asset License

Deutsche Bank is the latest investment bank to announce its entry into the crypto custody market. According to a Bloomberg report, the German bank has...

JPMorgan Payments Head Georgakopoulos Resigns

JPMorgan Chase's global head of payments, Takis Georgakopoulos, is set to leave the bank after 17 years to pursue new opportunities, as reported by Reuters,...

Triver Secures £7 Million to Offer Instant Capital Solutions for SMEs

Triver, a London-based startup utilizing open banking data and AI to offer short-term working capital to SMEs, has successfully secured £7 million in seed funding....

European Banks Targeted by Russian Cyberattackers

A gang of pro-Russian hackers has taken responsibility for a series of attacks on the IT systems of banks and financial institutions throughout Europe. The...

Enfuce and Swile Collaborate on Comprehensive Employee Benefits Card

Card issuer and payment processor Enfuce has partnered with French worktech company Swile to introduce an all-in-one employee benefits card. This card integrates various benefits,...