March 2025 – Page 13 – FintechDaily

DBS to Reduce Workforce by 10%

DBS Group, based in Singapore, anticipates a reduction of approximately 4,000 contract and temporary employees over the next three years as artificial intelligence (AI) plays...

Robinhood Launches Prediction Market Contracts

Robinhood has introduced an innovative feature within its app called the 'Predictions Hub', designed to allow users to wager on various global events. Upon its...

FCA Fines London Metal Exchange £9.2 Million Following Nickel Market Crisis

The Financial Conduct Authority (FCA) has imposed a fine of £9.2 million on the London Metal Exchange (LME) due to inadequate systems and controls to...

JPMorgan Takes the Lead in the Quantum Computing Race

JPMorgan has been identified as the leading institution in addressing the challenges and opportunities presented by advancements in quantum computing, according to research conducted by...

Providing Stability in an Unpredictable Market

Chetwood Bank has undergone significant transformations in recent months, highlighted by its recent rebranding from Chetwood Financial. In a discussion with Paul Noble, the CEO,...

Decline in Sustainability-Linked Bond Issuance – AFME ESG Report

The Association for Financial Markets in Europe (AFME) has unveiled its Environmental, Social, and Governance (ESG) report for the third quarter of 2024, highlighting significant...

Ripple and Warwick Business School’s Gillmore Centre to Investigate Stablecoin De-Pegging

A grant of $25,000 has been awarded to the Gillmore Centre for Financial Technology at Warwick Business School to investigate the risks associated with stablecoin...

Accenture Experiences Revenue Decline Due to US Federal Budget Cuts

Accenture Federal Services, a division of Accenture, has experienced a decline in sales during the fiscal year 2024, largely attributed to the prevailing uncertainties stemming...

BNY Partners with OpenAI to Create AI Platform

US-based investment bank and global custodian BNY (formerly known as Bank of New York Mellon) has forged a partnership with OpenAI, the organization behind the...

Temenos Plans to Hire 200 Tech Professionals for New Innovation Hub in Florida

Temenos is set to hire 200 professionals in technology and product development for a new innovation hub located in Florida. This facility will serve as...