2024 – Page 22 – FintechDaily

AI Adoption is Flourishing in the Financial Industry

According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November. Join...

Santander Uses Deepfakes to Highlight Scam Awareness

Santander has launched a campaign highlighting the risks posed to consumers by 'deepfake' videos circulating on social media platforms. As part of this initiative, Santander...

HSBC and Ant International Praise Outcomes of Blockchain-Enabled Tokenized Deposit Transfers

HSBC and Ant International have successfully executed HKD-denominated cross-bank blockchain-based test transactions under the Hong Kong Monetary Authority’s Ensemble Sandbox. Launched in March this year,...

Digital Receipt Platform Slip Secures £2.5 Million in Funding

Slip, a female-founded fintech startup that assists physical stores in digitizing receipts to gain customer insights, has successfully raised £2.5 million in funding. The seed...

Nationwide Branch Advertisement Pulled for Being Misleading

A Nationwide advertisement has been banned for inaccurately implying that the building society has not been closing branches. In October and November, Nationwide launched a...

Australia Takes a Step Forward in Implementing Confirmation of Payee

Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have finalized the design specifications for a new national Confirmation of Payee service aimed at...

Bank of England and FCA Release Draft Guidance for Digital Securities Sandbox

UK regulators are seeking feedback on draft guidance designed for firms aiming to enter the new Digital Securities Sandbox (DSS). The DSS aims to adjust...

Central Banks Investigate Tokenization for Cross-Border Payments

A group of seven central banks is collaborating with the Bank for International Settlements (BIS) to investigate the tokenization of cross-border payments through a project...

Environmental Sector Still Lacks Investment Viability and Professionalism

Dr. Rich Stockdale, founder of Oxygen Conservation, delivered the closing keynote at Sustainable Finance Live 2024, where he discussed the future evolution of investment in...

Iosco to Investigate Business Models of Growing Exchanges

The International Organisation of Securities Commissions (Iosco) has released a consultation paper aimed at assessing the risks linked to the changing business models of stock...