FintechDaily – Page 393 – Fresh Dose of Fintech News

Swiss Fintech Rivero Secures $7 Million in Funding

Swiss payment technology firm Rivero has successfully raised $7 million in Series A funding to expand into new markets and enhance its product development and...

Morgan Stanley Makes Investment in 3forge

Morgan Stanley has made a strategic investment in 3Forge, a company that provides code platforms for creating essential applications within the financial services sector. 3Forge...

UK Has 3 Million ‘Frankenstein Identities,’ Posing Multi-Billion Pound Risk

The UK is facing a significant threat from nearly three million "Frankenstein" identities—fraudulent profiles created by criminals using a mix of real and fabricated personal...

Banked Acquires Australian A2A Payments Company Waave

London-based account-to-account payments provider Banked has expanded into the Australian market by acquiring local player Waave, though the financial details of the deal remain undisclosed....

Monzo Mafia: A Startup’s Quest to Revolutionize Coding

The Monzo mafia is back at it, with former co-founder Jonas Templestein and ex-VP of architecture Oliver Beattie seeking funding for a new startup focused...

Future Fintech CEO Shanchun Huang Faces Fraud Charges from the SEC

The Securities and Exchange Commission (SEC) has charged Future Fintech CEO Shanchun Huang with fraud for not disclosing his ownership and transactions involving Future Fintech...

Citi Highlights Increasing Integration of Traditional and Digital Assets

The transition to shorter settlement cycles and greater regulatory clarity is driving a rapid convergence between traditional and digital assets, according to a report by...

Citi Launches Token Services for Cash

Citi's Token Services for Cash has officially launched, allowing institutional clients to transfer funds between branches globally 24/7. Citi Token Services for Cash facilitates multimillion-dollar...

Encompass Acquires ING’s Compliance Startups

Encompass Corporation has acquired two compliance startups, CoorpID and Blacksmith, both developed by Dutch bank ING. CoorpID, launched by ING Labs in 2018, enables global...

Hawk AI Appoints HSBC Veteran Shearer

German RegTech Hawk AI has appointed Michael Shearer, a compliance veteran from HSBC, as its chief solution officer. Founded in 2018, Hawk AI's surveillance platform...