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Wednesday, May 14th, 2025
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March 13, 2025

Trump’s Support for Stablecoins Highlights the Urgency of the Digital Euro

Trump’s Support for Stablecoins Highlights the Urgency of the Digital Euro
As the European Central Bank (ECB) approaches the completion of the testing phase for a digital euro by October, a high-ranking EU official highlights the...
FintechDaily Staff
March 13, 2025

HSBC Participates in $51 Million Funding Round for Immigrant Neobank Zolve

HSBC Participates in $51 Million Funding Round for Immigrant Neobank Zolve
Zolve, a neobank catering to immigrants in the US, is set to expand internationally after securing $51 million in a Series B funding round, led...
FintechDaily Staff
March 13, 2025

Mimo, the SMB Financial Management Platform, Secures $8.5 Million in Funding

Mimo, the SMB Financial Management Platform, Secures $8.5 Million in Funding
Mimo, a UK-based platform designed to simplify global payments, cash flow, and financial management for small and medium-sized businesses (SMBs) and accountants, has successfully raised...
FintechDaily Staff
March 13, 2025

RBA Sparks Debate Over Plans to Decommission the Bulk Electronic Clearing System

RBA Sparks Debate Over Plans to Decommission the Bulk Electronic Clearing System
The Reserve Bank of Australia has emphasized the need for clearer planning regarding the decommissioning of the Bulk Electronic Clearing System (Becs). They argue that...
FintechDaily Staff
March 13, 2025

Mexican Digital Bank Plata Secures $160 Million in Funding

Mexican Digital Bank Plata Secures $160 Million in Funding
Less than two years after its inception, Mexican digital bank Plata has reached unicorn status following a $160 million Series A funding round, valuing the...
FintechDaily Staff
March 13, 2025

Nubank Collaborates with OpenAI to Enhance Customer Experience

Nubank Collaborates with OpenAI to Enhance Customer Experience
Brazil's Nubank is collaborating with OpenAI to enhance services and features for its 114 million customers. The digital banking giant initially partnered with OpenAI to...
FintechDaily Staff
March 13, 2025

US Consumer Fraud Losses Exceed $12.5 Billion in 2024

US Consumer Fraud Losses Exceed $12.5 Billion in 2024
Americans experienced losses exceeding $12.5 billion due to fraud in 2024, marking a 25% increase compared to the previous year, according to data from the...
FintechDaily Staff
March 13, 2025

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