April 2025 – Page 19 – FintechDaily

MAS to Finance Quantum and AI Initiatives in the Financial Sector

The Monetary Authority of Singapore (MAS) has announced a substantial commitment of $100 million in grant funding aimed at advancing AI and quantum computing technologies...

Embedded Banking Startup Swan Secures €44 Million in Funding

French banking-as-a-service platform Swan has successfully secured an additional €44 million in funding to facilitate its expansion across Europe and enhance its product offerings. This...

EVO Banco Utilizes AI and Google Maps to Display Transaction Locations for Customers

Spanish digital bank EVO Banco has introduced an innovative geolocation service for card purchases, harnessing the power of artificial intelligence and Google Maps to provide...

DoJ Antitrust Officials Approve Capital One and Discover Merger

The US Department of Justice has approved the $35 billion merger between Capital One Finance Group and Discover Financial Services. A confidential memo sent to...

Coincidence or Not? Is a Cashless Society Resulting in Fewer Kids Eating Coins?

Researchers from the UK’s National Health Service have discovered an unexpected advantage of the growing popularity of contactless payments: a decline in the number of...

Toulouse Introduces Cryptocurrency Payment Option for Commuters

Public transport passengers in Toulouse can now pay for their rides using bitcoin. In a European first, the city’s public transit operator, Tisséo, has introduced...

eToro Unveils AI-Driven Advertising Campaign

Trading and investment platform eToro is set to launch an innovative advertising campaign powered by artificial intelligence in anticipation of the Paris 2024 Olympic Games....

Chrysalis Soars as Starling and Klarna Receive Upgraded Valuations

Chrysalis Investments has experienced a notable six percent increase in its share price following a heightened valuation of its fintech portfolio companies, Starling Bank and...

UBS Invests in Swiss Open Quantum Institute to Support UN Sustainability Objectives

UBS has partnered with CERN, the Swiss Government, and the non-profit foundation Gesda to finance innovative experiments in quantum computing, with a focus on advancing...

JPMorgan Introduces Generative AI ‘Research Analyst’ tool for Employees

JPMorgan Chase has introduced LLM Suite, a generative AI chatbot developed internally for its employees. This innovative tool aims to function like a research analyst,...