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Wednesday, July 9th, 2025
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2024

Biden Rejects Digital Asset Legislation

Biden Rejects Digital Asset Legislation
President Biden and SEC Chair Gary Gensler are voicing concerns over a new cryptocurrency bill ahead of a vote in the US House of Representatives....
FintechDaily Staff
December 19, 2024

ICE Penalized $10 Million for Delayed Disclosure of Cyber Intrusion

ICE Penalized $10 Million for Delayed Disclosure of Cyber Intrusion
The Intercontinental Exchange (ICE) has been fined $10 million due to its subsidiaries, including the New York Stock Exchange (NYSE), failing to promptly report a...
FintechDaily Staff
December 19, 2024

Informed Insights: The £1 Trillion Opportunity

Informed Insights: The £1 Trillion Opportunity
With H1 profits and revenue on the rise, money movement firm Wise has set its ambitions on surpassing the billion-pound transaction processing threshold and facilitating...
FintechDaily Staff
December 19, 2024

Klarna Calls CFPB BNPL Regulation ‘Confusing’

Klarna Calls CFPB BNPL Regulation ‘Confusing’
The US Consumer Financial Protection Bureau's recent rule regarding buy now, pay later (BNPL) lenders has elicited a mixed response from industry participants. Affirm has...
FintechDaily Staff
December 19, 2024

Progress Made in Ethereum ETF Approval Following SEC Announcement

Progress Made in Ethereum ETF Approval Following SEC Announcement
The US Securities and Exchange Commission (SEC) has approved rule changes to facilitate the launch of eight exchange-traded funds (ETFs) focused on Ethereum. This development...
FintechDaily Staff
December 19, 2024

Former Citi Employee Sues for Wrongful Termination, Claims Bank Concealed Data from Regulators

Former Citi Employee Sues for Wrongful Termination, Claims Bank Concealed Data from Regulators
A former managing director at Citigroup is suing the bank and its COO for unlawful termination, claiming she was dismissed for refusing to provide regulators...
FintechDaily Staff
December 19, 2024

Chime Acquires Employee Rewards Platform Salt Labs

Chime Acquires Employee Rewards Platform Salt Labs
Digital banking giant Chime has acquired employee rewards startup Salt Labs, although the financial details of the transaction remain undisclosed. Salt Labs and its team...
FintechDaily Staff
December 19, 2024

JPMorgan to Face $100 Million Penalty for Failing to Monitor Client Orders

JPMorgan to Face $100 Million Penalty for Failing to Monitor Client Orders
JP Morgan will pay $100 million to settle a CFTC investigation that found the bank did not adequately monitor billions of client orders from 2014...
FintechDaily Staff
December 19, 2024

Visa to Integrate with QR Code Initiatives Across the Asia Pacific Region

Visa to Integrate with QR Code Initiatives Across the Asia Pacific Region
Visa is partnering with various QR payments providers to facilitate cross-border payments in the Asia Pacific region. Lakala in Mainland China, Touch 'n Go Digital...
FintechDaily Staff
December 19, 2024

Deedster, a fintech focused on climate action, raises SEK 50 million in funding

Deedster, a fintech focused on climate action, raises SEK 50 million in funding
Stockholm-based sustainability fintech Deedster has secured a SEK 15 million investment round led by Wellstreet. Deedster's SaaS platform provides personalized sustainability data and guidance to...
FintechDaily Staff
December 19, 2024

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