April 2, 2025 – FintechDaily

CommBank Launches AI Factory in Partnership with AWS

Commonwealth Bank of Australia has partnered with Amazon Web Services (AWS) to establish an in-house 'AI Factory' aimed at speeding up the adoption of Generative...

HSBC Resumes Services After Temporary Outage

HSBC experienced a significant disruption on Tuesday afternoon, impacting both mobile and online banking services in the UK. According to the troubleshooting platform DownDetector, reports...

Digitization Takes Center Stage in ESG Initiatives – Paymentology

In 2024, Environmental, Social, and Governance (ESG) metrics are taking on a new significance as financial institutions enhance their transparency regarding sustainable practices, while governments...

What Are the Characteristics of a Smart City?

During a keynote address at the Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, President of Elavon, painted a vivid picture of what a smart...

Standard Chartered Implements ‘Skills Passport’ to Align Employees with Projects

Standard Chartered is effectively leveraging its internal talent through an innovative AI-driven marketplace designed to align employees' skill sets with project-specific assignments. Employees receive a...

Galaxy Digital Agrees to $200 Million Settlement Regarding Luna Token

Galaxy Digital has settled with the New York Attorney General (NYAG) for $200 million regarding allegations that the cryptocurrency investment firm promoted the now-defunct Luna...

Denmark’s Netcompany Acquires Core Banking Provider SDC

Danish IT services provider Netcompany has finalized an agreement to acquire the local banking technology firm SDC for approximately $139 million. The transaction, scheduled to...

Paynetics Acquires Novus, an ‘Impact’ Banking Application

Bulgarian embedded finance provider Paynetics is making strides in the environmental, social, and governance (ESG) sector with its recent acquisition of the UK-based impact neobank,...

FDIC States Banks Are Not Required to Obtain Prior Approval for Cryptocurrency Activities

The Federal Deposit Insurance Corporation (FDIC) has announced that US banks are no longer required to obtain prior approval before engaging in crypto-related activities. The...

Regulators Criticize ASX After Batch Settlement Failure

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have raised serious concerns regarding the management of operational risk at...