May 1, 2025 – FintechDaily

Marqeta Introduces Generative AI in Embedded Finance

Marqeta, a leading card-issuing platform, has integrated OpenAI's Language Learning Model to streamline the development of embedded finance applications. Marqeta Docs AI, a generative AI...

Mastercard Appoints Ellen Jackowski as Chief Sustainability Officer

Mastercard has announced the appointment of Ellen Jackowski, formerly of HP, as its chief sustainability officer, tasked with leading the company’s Environmental, Social, and Governance...

Brazil’s Matera Acquires Cinnecta to Enhance Instant Payments with AI Technology

Brazil's fintech powerhouse, Matera, is enhancing its instant payment solutions by acquiring local startup Cinnecta. Financial details of the acquisition remain undisclosed. As a significant...

TD to Launch New AI Office in New York

Canada's TD Bank is set to establish a new branch of its Layer 6 AI research and development center in New York. This move follows...

BBVA Streamlines Environmental Data Management Through Automation

Spanish bank BBVA has launched an innovative cloud-based system aimed at automating the management of environmental data related to its real estate assets. In collaboration...

Canada’s Fintech Investment Sees Significant Decline

Investment in Canadian fintech companies saw a significant decline in the first half of 2023, plummeting to just US$353.7 million across 57 deals. This marks...

Fiserv Acquires Brazilian Fintech Money Money

Fiserv has announced an agreement to acquire Money Money, a Brazilian fintech specializing in providing working capital solutions to small and medium-sized businesses. The financial...

Fairown, a Circular Economy Fintech, Expands into Poland

Sustainability-focused fintech company Fairown has revealed its intentions to expand into Central Europe, aiming to foster a circular economy by enabling banks and vendors to...

Mastercard Unveils AI Center in UAE to Enhance Growth in the Middle East

Mastercard is collaborating with the UAE government to enhance artificial intelligence capabilities and foster technological development across the Middle East. As part of this initiative,...

Revolut Soars: Reports $1.4 Billion in Profits for FY24

Revolut has announced remarkable growth for the fiscal year 2024, achieving pre-tax profits of $1.4 billion and a net profit of $1 billion. Group revenues...