April 2025 – Page 26 – FintechDaily

UK Establishes Climate Finance Partnership with Fiji

The UK Government has announced a significant partnership with the British High Commission (BHC) in Suva, Fiji, aimed at delivering climate finance projects across Pacific...

UBS CEO Cautions Against Postponing Credit Suisse IT Integration Risks

UBS is focused on executing a rapid and effective IT integration following its acquisition of Credit Suisse, intending to retain only a fraction—10%—of its former...

Revolut Penalized €3.5 Million by Lithuanian Central Bank for AML Violations

Revolut has been penalized €3.5 million by the Lithuanian central bank due to deficiencies in its anti-money laundering (AML) practices.

Blackhawk Network Teams Up with Visa to Move Beyond Plastic Cards

Blackhawk Network (BHN) has partnered with Visa to transition its network-branded prepaid products, which are currently distributed through third-party retail channels, from plastic to paper-based...

Wise to Establish Hub in Hyderabad

UK-based fintechs Wise and Revolut are intensifying their efforts in India, with Wise establishing a hub in Hyderabad that is expected to employ hundreds, while...

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...