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The Nordic banking sector, known for its advanced digital landscape and commitment to financial innovation, is experiencing a wave of new challenges in 2025. These challenges are largely driven by rapid technological advancements, stringent regulations, and the evolving demands of consumers.
01 April 2025
Revolut reports that fraud originating from WhatsApp and Telegram now accounts for well over a third of reported scams (39%), as criminals are increasingly turning to encrypted messaging services to exploit victims.
WeeFin, a fintech that helps financial institutions manage their sustainability strategies, has completed a €25m financing round Series B, led by Blackfin Capital Partners.
Experian has significantly expanded its Global Innovation Centre (GIC) in Hyderabad, doubling its office space.
UK startup thankyü has unveiled an app that lets customers tip hospitality staffers with a tap of their phone against a wearable tipping band.
Mastercard is launching a programme designed to bring embedded virtual card technology to commercial payments.
Former Barclays chief Antony Jenkins is reportedly weighing a sale of 10x, the core banking startup he founded almost a decade ago.
31 March 2025
US banks no longer need to receive prior approval before engaging in crypto-related activities, says the Federal Deposit Insurance Corporation.
The Prudential Regulation Authority (PRA) is proposing to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.
Ziglu, the UK-based digital banking and crypto platform, has launched Crypto on Card, a new feature enabling customers to spend their cryptocurrency in real-world transactions using their Ziglu debit card.
The European Payment Alliance is beginning the switch to instant cross-border payments between mobile transfer schemes Bancomat, Bizum, MB Way and Iberia's Sibs, enabling users in Italy, Portugal, Spain and Andorra to send and receive money instantly to mobile phone numbers.
Charlie Javice, founder of student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in its $175 million acquisition.
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