April 2025 – Page 16 – FintechDaily

Atom Bank to Evaluate Climate Impact on Its Mortgage Portfolio

Atom Bank is set to evaluate the climate risks associated with its mortgage portfolio through advanced profiling technology provided by Kamma. The bank has committed...

Luxembourg Banks Choose LuxHub as Their VoP Provider

Open banking startup LuxHub has partnered with six major banks in Luxembourg to implement its Verification of Payee (VoP) and Routing and Verification Mechanism (RVM)...

Hawk Secures $56M for AI-Enhanced Fraud Prevention Solutions

AI-powered anti-money laundering, screening, and fraud prevention company Hawk has successfully raised $56 million in a Series C funding round, led by One Peak. Participating...

OCC Informs Congress About Significant Email Hack Incident

The Office of the Comptroller of the Currency has reported that "highly sensitive information" was accessed following a hack of its email system. The regulator...

DailyPay, the Earned Wage Access Fintech, Sues NY Attorney General as Rain Secures $75 Million in Funding

DailyPay has filed a lawsuit against New York Attorney General Letitia James regarding the application of usury laws to the earned wage access industry. DailyPay...

Michael Kors Launches Shopping Assistant Powered by Mastercard’s GenAI Technology

Michael Kors has become the inaugural retailer to implement Mastercard's generative AI assistant, Shopping Muse, on its US website. Launched late last year, Shopping Muse...

Bank of Ireland to Allocate £100 Million for Technology Enhancement in Retail and SME Services

Bank of Ireland has announced a significant investment of £100 million over the next three years aimed at enhancing its everyday banking products and services....

Exclusive Preview of Sustainable Finance Live with Finastra’s Chirine Ben Zaied

As the Sustainable Finance Live 2023 event approaches on October 10 at Events@No6 in London, we had the opportunity to connect with several speakers to...

Citi Makes Investment in Commercial Lending Platform Numerated

Citi has strategically invested in Numerated, signaling a broader partnership with the AI-driven modular commercial lending platform. As part of this collaboration, Numerated will deliver...

Santander UK Chair Steps Down Amid Future Uncertainty for the Bank

Santander UK Chairman William Vereker has announced his resignation amid growing speculation regarding the Spanish banking giant's potential withdrawal from the UK market. Santander UK...