2024 – Page 25 – FintechDaily

MTS Bank Moves Forward with IPO Amid Russian Banking Sanctions – Reuters

MTS Bank, a fintech subsidiary of a well-known Russian mobile operator, has announced plans for an initial public offering (IPO), despite ongoing Western sanctions targeting...

Helder Rosalino of Banco de Portugal Confirmed as Keynote Speaker for EBAday 2024

Rosalino will take the stage to open this year's EBAday in Lisbon, Portugal, where he will discuss the roadmap for a modern and secure payments...

EC and CFPB Convene on Consumer Risks Linked to AI and BNPL

US and European officials have initiated an "informal dialogue" on consumer financial protection issues, focusing on the rise of Big Tech in payments, the use...

Temenos Dismisses Hindenburg Allegations Following Completion of Investigation

Shares in core banking provider Temenos have increased following the release of an investigation commissioned by the company, which concluded that the accusations of mismanagement...

Prosper Exceeds £800,000 Crowdcube Goal

Prosper, the UK WealthTech company founded by alumni of Tandem and Nutmeg, has successfully reached its Crowdcube target of £800,000 prior to its public launch....

UK Government Launches Open Finance Task Force

Bim Ofolami, the UK government's Economic Secretary to the Treasury, has announced the creation of an open finance task force during his address at IFGS...

European Taskforce Advocates for T+1 Standardization

A group representing buy and sell-side firms and market infrastructure providers across Europe has urged the UK, Switzerland, and the EU to coordinate efforts to...

BoE’s Forecasting Hampered by Obsolete Technology

The Bank of England has faced significant criticism from former US Federal Reserve chairman Ben Bernanke for its reliance on outdated technology in economic forecasting....

Mastercard Launches Initial GenAI Assistant in New Suite of Offerings

Mastercard has launched a GenAI-based digital assistant aimed at expediting customer onboarding. This new product is the first in a series of agent tools being...

Canada Prepares to Enact Open Banking Legislation

The Canadian government has committed to introducing open banking legislation by the end of the year and has appointed the Financial Consumer Agency of Canada...