FintechDaily – Page 71 – Fresh Dose of Fintech News

UK Payments Regulator Seeks Feedback on New APP Reporting Regulations

The UK's banks will soon be required to provide transparent data on their effectiveness in protecting customers against authorized push payment (APP) fraud, according to...

Former Tink Employees Secure €5 Million for New Payments Startup

A group of former Tink employees has raised €5 million in seed funding for their startup, Atlar, which aims to automate payment activities for businesses....

Swiss B2B Fintech GenTwo Secures $15 Million in Funding

Point72 Ventures has led a $15 million Series A investment round in GenTwo, a fintech company specializing in asset securitization. Founded in 2018, the Swiss...

NatWest Introduces Confirmation of Payee for Open Banking Transactions

Insolvency practitioner Teneo has become the first firm to leverage the new Confirmation of Payee (CoP) functionality integrated into NatWest's account-to-account payments platform, Payit. With...

Binance to Acquire Struggling Competitor FTX

Facing a liquidity crisis, the cryptocurrency exchange FTX has reached a preliminary agreement to be acquired by rival Binance, though specific details of the deal...

Former Google Employee Launches ‘Global Family Office’ Initiative

A group of former Google employees has successfully secured $90 million in funding for a startup aimed at democratizing the advantages typically enjoyed by family...

Santander Seeks to Fill 750 Technology Positions

Banco Santander has established technology hubs in Malaga and Warsaw, creating space for 1,400 tech professionals as the Spanish bank aims to accelerate its digital...

Manchester-based payments startup Boodil secures pre-seed investment round

Boodil, a startup based in Manchester that specializes in account-to-account payments, has successfully secured £525,000 in pre-seed funding. Boodil provides an alternative payment solution that...

Former PayPal CEO Harris Closes New Startup Just Weeks After Launch

Nirvana Money, a fintech startup launched by former PayPal and Intuit CEO Bill Harris, has ceased operations less than a month after its official debut....

ABN Amro Issues Digital Green Bond on Blockchain

ABN Amro has made history as the first Dutch bank to register a digital green bond on a public blockchain. The entire process of preparing,...