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January 2025

Nasdaq Private Market Secures $62.6 Million in Funding

Nasdaq Private Market Secures $62.6 Million in Funding
Nasdaq Private Market (NPM) has successfully secured $62.6 million in its Series B funding round, attracting investment from several prominent banks. The funding round was...
FintechDaily Staff
January 24, 2025

Mizuho to Implement Generative AI for Workforce Enhancement

Mizuho to Implement Generative AI for Workforce Enhancement
Japanese bank Mizuho has made Microsoft’s OpenAI platform accessible to its 45,000 employees. As reported by Bloomberg, this technology will help accelerate the bank’s digital...
FintechDaily Staff
January 24, 2025

Wirecard CEO Braun’s Lawyers Cease Work Over Insufficient Funds

Wirecard CEO Braun’s Lawyers Cease Work Over Insufficient Funds
Markus Braun, the former CEO of Wirecard, is now dependent on state-provided legal representation after his previous lawyer resigned due to a lack of funds....
FintechDaily Staff
January 24, 2025

IDPartner Secures $3.1 Million for Bank-Integrated ID Verification Solution

IDPartner Secures $3.1 Million for Bank-Integrated ID Verification Solution
IDPartner, a startup focused on online identity verification through a network of financial institutions, has secured $3.1 million in a seed funding round led by...
FintechDaily Staff
January 24, 2025

Mastercard Leverages Open Banking to Simplify Account Opening and Updates

Mastercard Leverages Open Banking to Simplify Account Opening and Updates
Mastercard has enhanced its Open Banking platform to allow users to automatically switch their direct deposits and update recurring bill payments when opening or updating...
FintechDaily Staff
January 24, 2025

Digital Wallet Infrastructure Platform Ansa Launches from Stealth Mode

Digital Wallet Infrastructure Platform Ansa Launches from Stealth Mode
Ansa, a digital wallet infrastructure platform for merchants founded by veterans from Adyen and Affirm, has officially launched following a $5.4 million funding round. The...
FintechDaily Staff
January 24, 2025

Many Canadians Lack Awareness of Open Banking

Many Canadians Lack Awareness of Open Banking
As Canada progresses towards establishing an open banking framework, a recent survey highlights the urgent need to enhance public awareness of the concept, which many...
FintechDaily Staff
January 24, 2025

Austrade and SFA Unveil New Initiative for Fintech Collaboration

Austrade and SFA Unveil New Initiative for Fintech Collaboration
The Singapore Fintech Association (SFA) and the Australian Trade and Investment Commission (Austrade) have initiated a collaborative programme aimed at enhancing fintech innovation in both...
FintechDaily Staff
January 24, 2025

Tesco Bank Transfers Credit Card, Loan, and Savings Operations to Barclays

Tesco Bank Transfers Credit Card, Loan, and Savings Operations to Barclays
The £600 million deal features an "initial" agreement lasting 10 years. The agreement involves the transfer of around 2,800 employees from Tesco Bank, which currently...
FintechDaily Staff
January 24, 2025

BBVA Establishes Global Unit for Financial Crime Prevention

BBVA Establishes Global Unit for Financial Crime Prevention
BBVA has announced the launch of a unit aimed at enhancing the bank's financial crime prevention framework. This new unit consists of 800 personnel within...
FintechDaily Staff
January 24, 2025

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