FintechDaily – Page 95 – Fresh Dose of Fintech News

Alibaba Offloads $126 Million Stake in Paytm

Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in the Indian digital payments firm Paytm through a block trade executed on Thursday. This...

Morgan Stanley Customer Data Breached Due to Accellion FTA Vulnerability

Morgan Stanley has announced that the personal information of stock plan participants has been compromised due to a data breach involving a vulnerability in the...

Robinhood Unveils New Media Division

Trading app Robinhood is establishing an independent media unit named Sherwood, which will focus on topics such as money, technology, and geopolitics through newsletters, a...

UK Watchdog to Target Misleading Crypto Advertisements

The UK's Advertising Standards Authority (ASA) is preparing to target misleading cryptocurrency advertisements. The ASA's initiative follows an ad campaign by crypto exchange firm Luno,...

Art Shares Exchange Partners with SIX, Bloomberg, and the London Stock Exchange

Artex, a stock exchange dedicated to investing in artworks by renowned masters, has received approval to operate a Multilateral Trading Facility (MTF) in Europe. Initially,...

SAP Teams Up with IBM Cloud for Financial Services.

German software giant SAP is onboarding two of its finance and data management solutions to IBM Cloud for Financial Services. IBM has been actively promoting...

Feedzai Enhances Its Capabilities with the Acquisition of Revelock, Introducing Behavioral Biometrics

Feedzai has recently acquired behavioural biometric platform Revelock following a $200 million funding round earlier this year, aiming to enhance transaction protection as online shopping...

Morgan Stanley penalizes bankers for violations related to messaging practices.

Morgan Stanley has imposed millions of dollars in fines on its bankers for conducting business via WhatsApp, violating regulatory restrictions on the use of this...

Woman Put on Hold for Seven Hours by HSBC While Attempting to Report Fraud

Julie, a resident of Devon, experienced a devastating loss of £3,900 when fraudsters impersonated her bank. In an effort to report the incident to HSBC,...

Australia’s eftpos Enhances Security for Online Payments

Australia's eftpos Group has taken steps to enhance the security of online payments in the nation by entering into a fraud scoring partnership and obtaining...