April 2025 – Page 23 – FintechDaily

UK Neobanks Capture Market Share from Traditional Banks

Digital-only financial institutions are increasingly challenging the established high street banks in the UK, with nine percent of the population now using a neobank as...

Estimated Carbon Emissions from Ethereum Pre-Merge Reach 27.5 Million Metric Tonnes

Research conducted by the Cambridge Centre for Alternative Finance (CCAF) in collaboration with the Ethereum Climate Platform (ECP) has revealed that the recent Ethereum upgrade...

ANZ Establishes ‘AI Immersion Centre’ for Executive Training

ANZ has entered into a collaboration with Microsoft to open an 'AI Immersion Centre' at its headquarters in Melbourne, aimed specifically at enhancing the skills...

UAE Pledges $30 Billion for Climate Finance Initiatives

The United Arab Emirates has unveiled a substantial $30 billion initiative aimed at establishing a climate-focused investment vehicle at COP28. This initiative, named ALTÉRRA, seeks...

Zelle Discontinues Standalone P2P Payments Application

With the majority of users accessing its services through their banks, American person-to-person payments provider Zelle is discontinuing its standalone app. Launched by bank-owned Early...

Amazon Introduces AI Assistant for Online Shopping

Amazon has introduced an AI agent capable of autonomously executing tasks, such as ordering and making payments, within a web browser. Now available as a...

BMO Partners with IBM to Join Quantum Network

Canada’s Bank of Montreal (BMO) has officially joined the IBM Quantum Network, becoming the first bank in the country to access IBM's cutting-edge quantum infrastructure....

ADCB Launches the First Mastercard Carbon Calculator in the Region

Abu Dhabi Commercial Bank (ADCB) has joined forces with Mastercard to launch the Mastercard Carbon Calculator in the Middle East, providing an innovative tool aimed...

Circle Files for $5 Billion Initial Public Offering

Circle, the issuer of the world's second-largest stablecoin, USDC, has officially filed for an IPO. The company plans to list on the New York Stock...

PayPal Introduces Advertising Platform in the UK

PayPal is set to launch its new advertising platform in the UK, utilizing its extensive customer data to assist merchants in better targeting their advertisements....