FintechDaily – Page 79 – Fresh Dose of Fintech News

Bill-Splitting App Cino Secures €3.5 Million Funding to Launch in the UK

Lithuanian bill-splitting startup Cino has successfully raised €3.5 million in Seed funding, led by Balderton Capital, to facilitate its expansion into the UK market. Founded...

UK Finance Urges Businesses to Remain Vigilant Against Tax Year-End Scams

As the tax year end approaches, UK Finance’s Take Five to Stop Fraud campaign is urging businesses to remain vigilant against CEO and mandate scams—common...

Bank of Israel Reveals Design Concept for Potential Digital Shekel

The Bank of Israel is seeking feedback on a newly-published high-level design for a potential digital shekel (DS). This initiative has been in exploration since...

BVNK Introduces Integrated Wallet for Seamless Fiat and Stablecoin Transactions

Stablecoin payments infrastructure firm BVNK has introduced an embedded wallet designed to unify fiat and stablecoin payments on a global scale. This wallet seamlessly integrates...

PayPal Scammers Utilize DocuSign API to Deceive Customers

PayPal scammers are utilizing a clever Docusign tactic to increase the credibility of their phishing emails. Malwarebytes Labs investigates the scam, revealing that the Docusign...

HSBC Collaborates with TreviPay to Enhance E-commerce Trade Solutions

HSBC is partnering with B2B payments and invoicing network TreviPay to enhance digital purchasing experiences for businesses by providing flexible payment options and financing at...

BofA CEO Announces Bank’s Readiness to Introduce Its Own Stablecoin

Bank of America plans to launch its own dollar-backed stablecoin, pending legal approval from US lawmakers, according to CEO Brian Moynihan. During a discussion at...

Bitcoin ATM Operator Sentenced to Four Years in Prison

The operator of a crypto ATM network in the UK has been sentenced to four years in prison, marking the first case of its kind...

Turkish Investment Bank BankPozitif Partners with Taurus for Crypto Custody Solutions

Turkish digital investment bank BankPozitif has partnered with Swiss blockchain startup Taurus to enhance its foray into the cryptocurrency market. The collaboration involves the implementation...

Discover Strategies to Enhance Operational Resilience at NextGen Nordics

The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a significant change, requiring financial institutions to strengthen their capacity to endure and...