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Dec 05, 2024 – FinTech News

AI-Powered Systems Emerging as Prime Targets for Hackers, Experian Warns

Experian’s 12th Annual Data Breach Industry Forecast projects that 2025 will see cybercriminals shift their focus towards AI-powered infrastructure, escalating…

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Dec 04, 2024 – FinTech News

Rabobank Invests in Fraud Detection Fintech ThreatFabric

Dutch banking giant Rabobank has deepened its relationship with ThreatFabric, a fraud detection fintech, by investing through its Rabo Investments…

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Dec 04, 2024 – FinTech News

KPay Secures $55M in Record-Breaking Series A Funding

Singapore-based KPay Group has closed a $55 million Series A funding round, marking the largest Series A in the global…

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Dec 04, 2024 – FinTech News

EBAday 2025 Opens Applications for Fintech Zone Pitch Contest in Paris

Finextra and the Euro Banking Association (EBA) are inviting fintech startups and scale-ups to apply for the Fintech Zone at…

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Dec 03, 2024 – FinTech News

Lumin Digital Secures $160M in Growth Equity to Expand Digital Banking Solutions

Lumin Digital, a cloud-native digital banking platform, has raised over $160 million in growth equity financing from prominent investors, including…

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Dec 03, 2024 – FinTech News

Deel Acquires Wise Rival Atlantic Money to Bolster Payment Capabilities

Deel, a global payroll provider, has acquired UK-based fintech Atlantic Money, which was established to challenge Wise in the money…

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Dec 03, 2024 – FinTech News

UK Moves Forward with Digital ID Initiative for Businesses

The UK is making strides toward the creation of a digital company ID, aimed at enhancing business efficiency and reducing…

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Dec 02, 2024 – FinTech News

Tembo Secures £14 Million in Series B to Expand Savings and Mortgage Solutions

London-based Tembo, a digital savings and mortgage platform, has raised £14 million in a Series B funding round led by…

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Dec 02, 2024 – FinTech News

MUFG Acquires WealthNavi for $664 Million in Strategic Expansion

Mitsubishi UFJ Financial Group (MUFG) has announced plans to acquire 100% ownership of Japan’s leading robo-advisor, WealthNavi, for $664 million.…

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Nov 30, 2024 – FinTech News

Commonwealth Bank Leverages AI to Slash Fraud Rates by 50%

Commonwealth Bank of Australia (CBA) has reported significant success in combating fraud through the early adoption of Generative AI (GenAI)…

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