April 2025 – Page 34 – FintechDaily

Wells Fargo Appoints Kerrins to New Generative AI Leadership Role

Wells Fargo has announced the appointment of Bridget Engle as the new head of technology, succeeding Tracaey Kerrins, who will now lead a newly established...

Visa Launches AI-Powered Tool to Combat Fraud

Visa has introduced Aric Risk Hub, an AI-driven fraud prevention platform aimed at safeguarding banks, acquirers, and financial institutions from a wide range of fraud...

Lloyds Appoints AWS Executive to Lead New AI and Analytics Division

Lloyds Banking Group has appointed Rohit Dhawan as its inaugural Director of Artificial Intelligence and Analytics, bringing in expertise from Amazon Web Services. In this...

Solaris Secures €140 Million Funding Round

German Banking-as-a-Service platform Solaris has successfully raised €140 million in its Series G funding round. This significant investment was led by SBI Group alongside its...

Greenly Introduces Climate Rating System for Enhanced Decarbonization Transparency

Carbon accounting platform Greenly has unveiled a new climate rating system designed to track the decarbonization efforts of businesses. This innovative points-based framework aims to...

New Data Platform Launched to Assist Financial Institutions in Eradicating Deforestation from Their Portfolios

A newly launched data platform, Forest IQ, aims to equip financial institutions with comprehensive insights regarding the deforestation practices of over 2,000 major companies. This...

PrimaryBid Engaged in Negotiations for Discounted Sale

Retail investment platform PrimaryBid is currently in discussions with various financial institutions and investors regarding a potential acquisition. According to information from Sky News, the...

Sustainability Fintech WeeFin Secures €25 Million in Funding

WeeFin, a fintech company dedicated to assisting financial institutions with their sustainability strategies, has successfully raised €25 million in a Series B funding round, led...

CIBC to Recruit 200 Experts in Data and AI

Canadian bank CIBC is planning to expand its workforce by recruiting over 200 professionals specializing in data and artificial intelligence over the next year. The...

Egypt’s Khazna to Pursue Banking License Following $16 Million Pre-Series B Funding Round

Khazna, a fintech company based in Egypt that focuses on providing financial services to underserved populations, has successfully secured $16 million in a pre-Series B...