FintechDaily – Page 419 – Fresh Dose of Fintech News

Pensions Dashboard Initiative Postponed Amid Digital Skills Shortage

According to a recently released report from the National Audit Office (NAO), the UK government’s Pensions Dashboards Programme (PDP) has been delayed due to a...

MPs Caution Against Widespread Government Surveillance of Bank Accounts

A group of UK MPs has filed a parliamentary motion urging the government to eliminate provisions in a new bill that they believe would lead...

Mastercard Introduces Payment Passkeys in India

Mastercard is set to launch its Payment Passkey service in India, introducing biometric authentication for online shopping. Initially, the service will be piloted with some...

BaaS Startup Connect Money Secures $8 Million in Funding

Egyptian Banking-as-a-Service startup Connect Money has successfully secured $8 million in seed funding, led by Disruptech Ventures and Algebra Ventures. Connect Money provides a white-label...

UK Payment Companies Resist APP Fraud Refund Initiative

Payments firms are urging a reevaluation of the UK’s plans to protect victims of APP fraud, expressing concerns that a refund cap of £415,000 could...

Nasdaq Enhances Market Surveillance using Generative AI

Exchange operator Nasdaq is integrating a GenAI-powered feature into its market surveillance technology. This advancement is designed to enhance the quality, speed, and efficiency of...

Cube Purchases Global Regulatory Intelligence Units from Thomson Reuters

London-based RegTech company Cube is continuing its acquisition strategy with the purchase of Thomson Reuters Regulatory Intelligence and Oden products and businesses. This acquisition follows...

FCA Takes Action Against Reality TV Stars in ‘Finfluencer’ Campaign

FCA Takes Action Against Reality TV Stars for 'Finfluencer' Campaign The FCA has initiated charges against a group of reality TV stars involved in a...

BNPL Leader Affirm Expands into the UK Market

Affirm, one of North America's leading buy now, pay later (BNPL) platforms, has officially launched in the UK. Founded in 2012 and publicly listed since...

Augmentum Fintech Backs LoopFX with Investment

Augmentum Fintech has invested £2.6 million in LoopFX, a London-based peer-to-peer FX trading platform. LoopFX serves as an independent venue for large spot FX trades,...