April 11, 2025 – FintechDaily

House of Representatives Rejects CFPB Oversight of Big Tech Payment Applications

The US House of Representatives has voted to overturn a Consumer Financial Protection Bureau (CFPB) rule that would have granted oversight of tech giants like...

Block to Face $40 Million Penalty for AML Violations

Block will pay a $40 million penalty to New York regulators due to "significant failures" in its anti-money laundering program and compliance issues with virtual...

Discover How to Create More Intelligent Defenses at NextGen Nordics

As real-time payments continue to grow in popularity, financial institutions are tasked with providing seamless digital payment experiences while combating increasingly sophisticated fraud attempts. The...

Bunq’s GenAI Assistant Now Offers Full Conversational Capabilities

Dutch neobank bunq has enhanced its GenAI assistant, Finn, to offer a fully conversational experience and has introduced a new travel insurance product. Originally launched...

Monzo CEO and Board Discuss IPO Venue Options

As Monzo gears up for a potential public offering, the leadership of the UK-based digital challenger bank is reportedly divided on whether to pursue a...

Nikhil Rathi Reassumes Role as CEO of FCA

UK Chancellor Rachel Reeves has confirmed the reappointment of Nikhil Rathi as chief executive of the Financial Conduct Authority (FCA), extending his term until 2030....

Exclusive Preview of Sustainable Finance Live 2023: Insights from Gresham House’s Peter Bachmann

Finextra is excited to announce that the annual Sustainable Finance Live conference will be held at Events@No6 in London on October 10th. This event will...

Innovate Finance Urges Government to Establish National Anti-Fraud Center

Fintech trade body Innovate Finance is urging the UK Government to establish a National Anti-Fraud Centre aimed at facilitating cross-sector data sharing and to implement...

A Sneak Peek at Sustainable Finance Live 2023 with ElastaCloud’s Richard Conway

As the date for Finextra’s annual Sustainable Finance Live conference approaches, we engaged with several speakers who will participate in this pivotal event at Events@No6...

Metro Bank Introduces AI-Powered Scam Detection Tool

Metro Bank is leveraging technology from AI company Ask Silver to help customers quickly determine if they are at risk of a scam by identifying...