April 2025 – Page 26 – FintechDaily

Mastercard Introduces Embedded Virtual Card Technology for Commercial Payments

Mastercard is launching a new program aimed at integrating embedded virtual card technology into commercial payments. Starting in April, banks utilizing Mastercard's Virtual Card Number...

UK Launches Wearable Tipping App

UK startup thankyü has introduced an innovative app that allows customers to tip hospitality staff effortlessly using a wearable tipping band paired with their smartphones....

Revolut Alerts Users: Fraudsters Shifting to Encrypted Messaging Apps for Scams

Revolut has reported that scams originating from WhatsApp and Telegram now constitute over a third of all reported fraud cases, with a staggering 39% attributed...

Five Key Challenges for Nordic Banks in 2025

The Nordic banking sector, recognized for its advanced digital environment and dedication to financial innovation, faces a range of new challenges in 2025. These challenges...

Blackstone Plans £10 Billion AI Data Centre in the UK

Blackstone, a leading private equity firm, has officially announced a significant investment of £10 billion to develop a state-of-the-art AI data centre in North East...

Commerzbank Plans to Reduce Workforce by 3,900 Positions

Commerzbank is set to eliminate 3,900 positions over the upcoming two years as part of its strategy to reduce costs and enhance profitability amid a...

UniCredit Launches Accessible Cards for the Visually Impaired

UniCredit is taking a significant step forward in accessibility by enhancing all its debit, credit, and prepaid cards with innovative features designed by Mastercard specifically...

JPMorgan Launches New Technology Center in Glasgow

JPMorgan Chase has inaugurated a state-of-the-art, eco-friendly office in Glasgow, specifically designed to accommodate a large team of technology professionals. Spanning 270,000 square feet and...

AI Poised to Transform Wealth Management Operations

Artificial intelligence (AI) is poised to transform the wealth management landscape, with an overwhelming majority of investors—90%—recognizing its potential in researching financial products and services....

HSBC to Begin Job Cuts in Investment Banking Across Asia

HSBC Holdings Plc is poised to commence a new phase of job reductions within its investment banking division, reflecting an ongoing effort to restructure operations...