April 2025 – Page 5 – FintechDaily

How Web3 Can Effectively Address AI Gender Bias

“Web3 presents an ideal framework for individuals to be compensated for their own data,” states Rumi Morales, a founding director of Navigate, a Web3 platform...

Strivr Introduces XR Training Package for Retail Banking

Strivr, a leading extended reality (XR) platform, has introduced a comprehensive immersive learning package tailored specifically for the retail banking and financial services sector. Strivr...

CCAF Publishes Revised Estimate on Bitcoin Emissions

The Cambridge Centre for Alternative Finance (CCAF) has released an updated version of its Cambridge Bitcoin Electricity Consumption Index (CBECI), offering new insights into the...

NatWest Partners with AWS to Develop Generative AI Tools and Expertise

NatWest is enhancing its partnership with Amazon Web Services (AWS) to leverage cutting-edge generative AI technology from the cloud provider. As part of this initiative,...

ECB Explores ChatGPT-like AI Technology

The European Central Bank (ECB) is considering the potential of large language models, akin to ChatGPT, for tasks such as document analysis and software testing....

Banks Voice Discontent Over Cloud Service Returns

A recent report by Capgemini reveals considerable dissatisfaction with cloud services among financial services firms, with fewer than 40% of executives expressing high levels of...

What Lies Ahead for Sustainable Banknotes?

Rethinking Cash: The Move Towards Sustainable Banknotes Despite the rapid advancements in digital banking, cash continues to be the most widely used currency globally. This...

EU Central Banks Investigate Coordinated Settlements in Foreign Exchange

The Bank for International Settlements (BIS) and its central bank partners have successfully demonstrated the interoperability of wholesale payment infrastructures, such as Real-Time Gross Settlement...

AI Competition Intensifies Between France and the UK

Xavier Niel, the prominent French billionaire and chairman of the Iliad Group, has declared plans to host an AI conference in Paris this November, aligning...

Bitfinex Hacker Who Embezzled 120,000 Bitcoins Sentenced to Five Years in Prison

Ilya Lichtenstein has received a five-year prison sentence for his role in a money laundering scheme linked to a significant 2016 hack of the Bitfinex...