FintechDaily – Page 353 – Fresh Dose of Fintech News

UK Government Launches Digital Securities Sandbox

The UK Government has initiated consultations on the introduction of a Digital Securities Sandbox (DSS) designed to test innovative new market infrastructures for digital assets....

Stripe CTO Singleton Resigns

Stripe's chief technology officer, David Singleton, is set to step down and will be succeeded by his deputy, Rahul Patil. Singleton announced his decision on...

Mastercard Welcomes New Participants to the Start Path in Solidarity Program

Mastercard has introduced five early-stage startups founded by women and people of color into its Start Path in Solidarity programme. In the U.S., underrepresented founders...

Fiinu Faces Challenges as Banking License Revoked

Shares in UK digital banking startup Fiinu have taken a significant hit following the withdrawal of its restricted banking license due to challenging market conditions....

Crossover Markets Secures $12 Million in Funding Round

Crossover Markets, a digital asset trading technology firm, has secured $12 million in a Series A funding round led by Illuminate Financial and DRW Venture...

Worldpay Teams Up with Mastercard to Combat Payment Fraud

Worldpay is set to offer Mastercard’s Ethoca Alerts to its one million merchants worldwide, enabling faster resolution of transaction disputes and reducing chargebacks. Ethoca Alerts...

NatWest App Malfunction Prevents Customers from Making Payments

The NatWest banking app experienced technical difficulties for the second time in three months, leaving numerous customers unable to make payments or fund transfers on...

Application Period Now Open for Fintech Zone

Finextra and the Euro Banking Association are inviting startups from around the globe to apply for the 2024 Fintech Zone at EBAday 2024 in Lisbon....

FCA Chief Alerts Banks to AI Risks and Threats from Big Tech

FCA chief Nikhil Rathi has called on banks to increase their spending to address the growing threats posed by AI and 'deep fake' fraud. In...

The Bank of London Seeks EU Banking License

The Bank of London, a global clearing and transaction banking startup, has applied for a European banking license and plans to invest €200 million and...