March 2025 – Page 7 – FintechDaily

Walmart Teams Up with JPMorgan to Introduce Embedded Finance for Marketplace Sellers

Walmart has formed an embedded finance partnership with JPMorgan Chase, enabling thousands of merchants on its marketplace platform to accept and make payments. According to...

Fidelity Investments is Developing a Stablecoin

Fidelity Investments is currently in the advanced stages of testing its proprietary stablecoin, designed to function as cash within cryptocurrency markets, and will be overseen...

Block Cuts 931 Jobs and Closes Job Openings

US fintech Block is laying off 931 employees and closing 748 open positions as part of a significant reorganisation. This decision was communicated to staff...

2025: The Year AI Takes Center Stage

During Finextra’s inaugural NextGen: AI event, Roberto Napolitano, the Chief Marketing Officer at Innovate Finance, steered a panel discussion titled 'How do we deploy?' featuring...

Lithuanian Banking Platform myTU Secures €10 Million in Funding

Cloud-first digital banking platform myTU has successfully raised €10 million to accelerate its product development, enhance its acquiring and lending services, and work towards obtaining...

Santander Achieves Success in APP Fraud Recovery Case

Santander has achieved a significant High Court victory in a push payment fraud case concerning its obligation to return £415,000 that was transferred to a...

Planet Tracker Addresses Environmental Impact Data

As we approach Finextra’s upcoming green conference, Sustainable Finance Live, slated for October 8 at Events@No6 in London, Richard Peers, the founder of ResponsibleRisk, engaged...

Trump Takes Steps to Eliminate Treasury Paper Checks

Donald Trump has mandated the US federal government to eliminate the use of paper cheques and consolidate payment processing to combat fraud effectively. In an...

MyPOS Acquires UTP

London-based fintech myPOS has completed its second acquisition of the year, acquiring payments company UTP Group. Financial details of the transaction have not been disclosed....

DBS Constructs GenAI Connection for SMEs

DBS Bank in Singapore is launching an initiative aimed at reaching out to 50,000 small and medium-sized enterprises (SMEs) to provide them with GenAI tools...