Payments

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to enhance blockchain capabilities.This funding aims to strengthen technology innovations in Italy's...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...

Revolut Launches Platform to Streamline Overseas Talent Hiring

Revolut's new service aims to simplify global recruitment for businesses.Highlights: Revolut launches a platform for hiring overseas talent.The...
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DBS Bank and Bank of China Hit by Ransomware Attack Impacting Customer Records

Understanding the ramifications of cybersecurity breaches in the banking sectorHighlights: DBS Bank and Bank of China experienced a significant ransomware attack.The attack compromised sensitive...

Ryft Secures $57 Million to Compete with Stripe Connect and Adyen

Revolutionizing Payment Processing with Innovative TechnologyHighlights: Ryft has raised $57 million in funding to enhance its payment processing solutions.The company aims to challenge industry...

Earned Wage Access Fintech DailyPay Sues NY AG: Rain Raises $75 Million

Exploring the Legal Battles and Financial Ventures in the Earned Wage Access SpaceHighlights: DailyPay has initiated legal action against the New York Attorney General...

Americans Lost $3 Billion to Impersonation Scams in 2024

Uncovering the Alarming Rise of Impersonation Scams and Their Impact on ConsumersHighlights: The impersonation scams resulted in a staggering loss of $3 billion for...

Firefish Raises $18M in Seed Funding for Bitcoin-Backed Lending Platform

Revolutionizing Crypto Lending: How Firefish is Changing the Game with Innovative Financing SolutionsHighlights: Firefish has successfully secured $18 million in seed funding to enhance...

OCC Reports Major Incident: Email Hack Impacts Congress

Examining the Breach: Implications and Security Measures in Response to the OCC Email HackHighlights: The OCC reported a significant email hack that targeted congressional...

BofA Employees Embrace AI-Powered Virtual Assistants for Enhanced Productivity

Discover How Bank of America Staff are Leveraging AI Technology to Boost EfficiencyHighlights: Bank of America has implemented AI virtual assistants to aid its...

Blackbird Secures $50 Million Investment for Restaurant Payments and Loyalty Solutions

Revolutionizing the dining experience with enhanced payment and loyalty functionalitiesHighlights: Blackbird raises $50 million to boost its restaurant payment and loyalty offerings.The investment will...

NatWest’s Strategic Investment in Yonder: A Game Changer for Digital Banking

Discover how NatWest's latest investment reshapes the landscape for fintech innovation and customer engagement.Highlights: NatWest has made a significant investment in the fintech company...
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