February 24, 2025 – FintechDaily

Office of Financial Research Launches Data Hub for Climate Risk Assessments

The US Office of Financial Research (OFR) has initiated a pilot program for a climate data and analytics hub aimed at assisting regulators in evaluating...

YES Bank to Secure $1.1 Billion Through 10% Stake Sale in Private Equity

Private equity giants Carlyle and Advent International have announced plans to acquire a 10% stake in YES Bank, one of India’s largest private sector banks,...

Credit Suisse Partners with Girls Who Code to Broaden Diversity in Tech Talent

Credit Suisse is partnering with the non-profit organization Girls Who Code to create a pathway for new technology talent in the bank's Wall Street operations....

UK Legal Taskforce Investigates Regulations Governing Blockchain-Based Securities Issuance

Legal experts in the UK have launched a public consultation to explore the necessary legislative changes for the issuance and transfer of digital securities using...

Co-operative Bank Moves Treasury Operations to the Cloud

The UK's Co-operative Bank is set to transition its treasury operations to the cloud, leveraging Finastra's Kondor platform hosted on Microsoft Azure. Currently, the Co-operative...

ASX Invokes Accenture to Evaluate Chess Replacement Initiative

The Australian Securities Exchange (ASX) has engaged consultants from Accenture to assess its delayed blockchain-based post-trade network. The ASX has partnered with Digital Asset, a...

Coinbase Announces SEC Will Withdraw Enforcement Case

Coinbase has announced a significant development in its ongoing conflict with the Securities Exchange Commission (SEC), claiming that the regulator has agreed to dismiss its...

Robinhood Cuts 23% of Its Workforce

Trading app Robinhood is laying off nearly a quarter of its staff due to challenging macroeconomic conditions and a downturn in the cryptocurrency market. Following...