FintechDaily – Page 327 – Fresh Dose of Fintech News

Deutsche Börse Supports Forge’s European Launch of Private Market Trading Platform

Forge, the operator of a marketplace for trading private companies, has launched in Europe with the backing of Deutsche Börse. Forge Global has identified Europe...

Mastercard and NEC Collaborate on In-Store Biometric Payment Solutions

Mastercard is collaborating with NEC Corporation to enhance the use of facial recognition technology for in-store payments in the Asia Pacific region. The two companies...

Nala, the African Remittance App, Secures $40 Million for Global Expansion

Money transfer fintech Nala has successfully secured $40 million in Series A funding to bolster its global expansion and improve the reliability of payments to...

Bancos españoles crean una joint venture para combatir el fraude

Banco Santander, BBVA, and CaixaBank have established a company aimed at sharing data to combat financial crime. Named FrauDfense, this initiative will integrate anti-fraud efforts...

Visa Creates Dashboard to Analyze Stablecoin Activity

Visa has partnered with blockchain data provider Allium Labs to create a dashboard aimed at enhancing understanding of stablecoin activity. The Visa Onchain Analytics Dashboard...

Lynx Secures $18 Million for AI-Driven Fraud Prevention Technology

Lynx, a Madrid-based firm specializing in AI-driven detection and prevention of fraud and financial crimes, has successfully raised $18 million in Series A funding. The...

Divido Summons the Administrators

White label buy now, pay later provider Divido has been declared insolvent. Founded in 2014, Divido developed a platform that linked lenders, merchants, and partners...

eToro Builds Fintech Portfolio

eToro has created a passive investor portfolio exclusively consisting of shares in 40 prominent fintech companies. To assemble this portfolio, eToro’s investment experts meticulously selected...

73% of Financial Services Executives Anticipate Job Displacement Due to Generative AI

Almost three-quarters (73%) of executives in the financial services sector anticipate that they could be replaced by Generative AI (GAI), according to a recent study....

Fidelity National Financial Faces Disruption Due to Cyber Incident

Fidelity National Financial (FNF) is currently facing a "cybersecurity incident" that has resulted in the blocking of access to its systems, causing business disruptions. In...