March 27, 2025 – FintechDaily

Westpac Introduces ‘Panic Button’ for Customers Suspecting Scam Activity

Westpac is taking a significant step to combat fraud by launching SafeBlock, a new feature that allows customers to instantly block their accounts and cards...

PwC Italy and SKChain Advisors Collaborate on Blockchain-Enabled Digital Identity Solution

PwC Italy has partnered with blockchain consultancy SKChain Advisors to create a robust Web3 EU digital identity product. Utilizing blockchain-based Self-Sovereign Identity (SSI) technology, this...

Italy’s Banca Investis Introduces ‘Digital Junior Banker’ Powered by GenAI

Italy's Banca Investis has unveiled a new application designed to provide banking customers with real-time investment advice, leveraging the capabilities of generative AI. Targeting high-net-worth...

Lloyds, TSB, Halifax, and Nationwide Among UK Banks Experiencing Declines on Payday

British financial institutions TSB, Bank of Scotland, Nationwide Building Society, Halifax, Lloyds, and First Direct have faced significant disruptions this morning, impacting customer payments. Numerous...

Standard Chartered Connects Interest Rates and Fees to Clients’ ESG Performance

Standard Chartered has introduced a new ESG-linked Cash Account designed for corporate banking clients, providing incentives for achieving significant environmental, social, and governance (ESG) targets....

Monzo Launches Split Payments Feature to Simplify Shared Expenses

Monzo is introducing a new split payments feature that allows customers to track, pay, and follow up on shared expenses. The Monzo Split feature caters...

Rain, a Stablecoin Card Issuer, Secures $24.5 Million in Funding

Rain, a card issuing platform for stablecoins, has secured $24.5 million in new funding, with Norwest Venture Partners leading the round. New investors joining this...

How the Intelligence Revolution is Transforming AI’s Capabilities in Banking

At the inaugural NextGen: AI 2024 event in London, Dr. Joe Lyske, co-founder and managing partner of Time Machine Capital, delivered a compelling keynote address...

Alkami Enhances Account Opening Features with $400 Million Acquisition of Mantl

Alkami, a provider of cloud-based digital banking solutions, has announced its acquisition of account opening technology firm Mantl for $400 million. Established in 2016, Mantl...

Debit Cards Surpass Cash at Point of Sale in Switzerland

Debit cards have surpassed cash as the preferred payment method among consumers in Switzerland. Recent data from a survey conducted by the Swiss National Bank,...