FintechDaily – Page 309 – Fresh Dose of Fintech News

Austrade and SFA Unveil New Initiative for Fintech Collaboration

The Singapore Fintech Association (SFA) and the Australian Trade and Investment Commission (Austrade) have initiated a collaborative programme aimed at enhancing fintech innovation in both...

Tesco Bank Transfers Credit Card, Loan, and Savings Operations to Barclays

The £600 million deal features an "initial" agreement lasting 10 years. The agreement involves the transfer of around 2,800 employees from Tesco Bank, which currently...

BBVA Establishes Global Unit for Financial Crime Prevention

BBVA has announced the launch of a unit aimed at enhancing the bank's financial crime prevention framework. This new unit consists of 800 personnel within...

Visa and Mastercard Prepare for Card Fee Lawsuit

A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed. The two US companies are facing legal action on behalf...

Mastercard Seeks to Enhance Trust in Blockchain Transactions

Mastercard is collaborating with Web3 stakeholders to establish an on-chain identity and verification framework applicable to various areas including payments, remittances, ticketing, and NFTs. The...

Visa Launches New Subscription Management Service

Visa is introducing a service that allows financial institutions to help cardholders effectively manage and track their subscriptions. The global subscription market is experiencing significant...

Fresh Equities Secures $4 Million in Funding and Rebrands as InvestorHub

Australian startup Fresh Equities has rebranded to InvestorHub and secured $4 million in funding to help public companies better communicate with investors. The funding round,...

HSBC Takes Steps to Safeguard Operations Against Quantum Cyber Threats

HSBC has become the first bank to join BT and Toshiba’s quantum-secured metro network, linking two UK locations using Quantum Key Distribution (QKD) to enhance...

Bink, Backed by Barclays and Lloyds, Enters Liquidation

Bink, a loyalty app supported by Barclays and Lloyds Banking Group, has ceased operations after unsuccessful attempts to secure new funding. The app established its...

Present at the Exciting New FinTalks Stage!

EBAday, the annual gathering for payments and transaction banking executives, will take place on June 20-21, 2023, at IFEMA in Madrid, Spain. Finextra and the...