February 19, 2025 – FintechDaily

Challenges in Machine Learning Deployment Due to Regulatory and Legacy System Constraints

UK financial firms are facing challenges in deploying machine learning technology, primarily due to a lack of regulatory clarity and outdated legacy systems, according to...

Are Fractionalized Digital Assets Misleading Distractions?

Discussions about the recent boom in digital assets and its growth, even as the market for tokenized securities remains in its early stages, began at...

Standard Chartered Establishes Joint Venture for Hong Kong Dollar-Backed Stablecoin

Standard Chartered has established a joint venture with Animoca Brands and HKT to launch a stablecoin backed by the Hong Kong dollar. The partnership will...

Market Pay Purchases Denmark’s AltaPay

Pan-European payments platform Market Pay is set to acquire Danish PSP AltaPay, bolstering its presence in the Scandinavian market. AltaPay provides merchants with a unified...

Indian PM Modi Celebrates Fintech Revolution Amid Digital Banking Initiative

India's Prime Minister Narendra Modi has announced the launch of 75 digital banking units (DBUs) aimed at enhancing the banking experience for users and promoting...

Visa Introduces Tap to Add Card Feature in Three New Markets

Visa has introduced its ‘Tap to Add Card’ service in Ukraine, Georgia, and South Africa, which allows cardholders to easily add their bank card to...

Standard Chartered Supports StraitsX Stablecoins

Standard Chartered Bank is expanding its presence in the stablecoin sector through a strategic partnership with StraitsX, a licensed stablecoin issuer in Singapore. This collaboration...

Mastercard and Feedzai Join Forces to Combat Fraud

Mastercard has partnered with Feedzai, a specialist in financial crime prevention, to assist banks in addressing the rise of AI-powered scams. Scammers stole over $1...

Nasdaq, FactSet, and IQ Capital Headline $26 Million Funding Round for BMLL

BMLL, a provider of historical Level 3 data and analytics across global equity and futures markets, has successfully raised $26 million in a Series B...

James Radford, Former CEO of Revolut UK, Assumes Leadership at Volopa

Former Revolut UK CEO James Radford has assumed the role of CEO at Volopa, a company specializing in foreign exchange, international payments, and expense management,...