January 6, 2025 – FintechDaily

Banking Circle Introduces Euro-Backed Stablecoin

Banking Circle has introduced a new MiCA-compliant stablecoin to the European market. Launched in June, the MiCA regulation aims to promote the use of innovative...

Levenue Secures €8 Million in Funding for Revenue-Based Investment Marketplace

Revenue-based investing marketplace Levenue has secured €8 million in a Series A funding round and acquired Cake, a bank transaction enrichment expert. Truffle Capital led...

Triodos Bank Unveils BNG Private Sector Loan for Nature Restoration Financing

Triodos Bank recently made history by providing the first private sector loan based on the biodiversity net gain (BNG) unit model. BNG was introduced in...

JPMorgan Set to Launch Extensive Biometric Payment Solutions

JPMorgan Chase is set to launch a wide-ranging initiative for biometric payments with retailers in the U.S. early next year, allowing customers to make purchases...

Hong Kong Unveils Plan for Sustainability Reporting

The Hong Kong government has announced a roadmap for implementing International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across public entities by 2028....

UK Regulator PSR to Introduce Limits on Cross-Border Card Fees

The Payment Systems Regulator (PSR) is moving forward with plans to implement a price cap on the fees charged by Visa and Mastercard for UK...

Swiss National Bank to Broaden wCBDC Testing Initiatives

The Swiss National Bank is set to extend its wholesale central bank digital currency pilot, Helvetia, for an additional two years following promising results from...

Australian Regulator Takes Legal Action Against HSBC for Inadequate Customer Scam Protections

The Australian Securities and Investments Commission (ASIC) has initiated legal action against HSBC for allegedly failing to adequately protect customers from scams that resulted in...

FCA Advances in Establishing Regulated Cryptocurrency Framework

The UK's Financial Conduct Authority (FCA) has outlined new initiatives aimed at enhancing the integrity of the country's crypto market. The regulator is seeking public...

Revolut Enters Global Visa Direct Partnership to Facilitate Cross-Border Business Transactions

Revolut has partnered with Visa to provide business customers with instant card transfers for cross-border payments. International business transfers have often involved various requirements that...